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Highlights
- The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 44.3 % in the past year, substantial increase in net sales/revenue by 3.28 %.
- Income over the Year and quarter: There has been either a marginal increase or a decline in other income over the past year which is 27.31 %. Marginal decrease of -0.94% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for AKI India Limited. Notable increase of 27.65 % in net profit Year to Year, AKI India Limited’s profitability dropped by -24.78 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -20.00 % Year to Year. EPS decreased by -42.86 % in previous quarter. Analysis needed for shareholder value.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 14.397 Cr | Rs. 20.115 Cr | Rs. 20.775 Cr | + 3.28 % | + 44.3 % |
Expenses | Rs. 13.72 Cr | Rs. 19.48 Cr | Rs. 20.28 Cr | + 4.11 % | + 47.81 % |
Operating Profit | Rs. 0.68 Cr | Rs. 0.64 Cr | Rs. 0.49 Cr | -23.44 % | -27.94 % |
OPM % | 4.72 % | 3.18 % | 2.36 % | -0.82 % | -2.36 % |
Other Income | Rs. 0.747 Cr | Rs. 0.96 Cr | Rs. 0.951 Cr | -0.94 % | + 27.31 % |
Interest | Rs. 0.53 Cr | Rs. 0.36 Cr | Rs. 0.39 Cr | + 8.33 % | -26.42 % |
Depreciation | Rs. 0.4 Cr | Rs. 0.51 Cr | Rs. 0.44 Cr | -13.73 % | + 10 % |
Profit before tax | Rs. 0.5 Cr | Rs. 0.73 Cr | Rs. 0.61 Cr | -16.44 % | + 22 % |
Tax % | 31.49 % | 19.8 % | 30.06 % | + 10.26 % | -1.43 % |
Net Profit | Rs. 0.34 Cr | Rs. 0.58 Cr | Rs. 0.43 Cr | -25.86 % | + 26.47 % |
EPS in Rs | Rs. 0.05 | Rs. 0.07 | Rs. 0.04 | -42.86 % | -20 % |
Today, we’re looking at AKI India Limited’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 44.3 %. However, it did see a marginal increase of 3.28 % from the previous quarter. Expenses ticked up slightly by 4.11 % quarter-on-quarter, aligning with the annual rise of 47.81 %. Operating profit, while down -27.94 % compared to last year, faced a quarter-on-quarter dip of -23.44 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -2.36 %, but a shrinkage of -0.82 % sequentially. Other income fell by -0.94 % compared to the last quarter, despite an annual growth of 27.31 %. Interest expenses surged remarkably by 8.33 % from the previous quarter, yet the year-over-year decrease remains at a moderate -26.42 %. Depreciation costs fell by -13.73 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 10 %. Profit before tax grew annually by 22 % but saw a reduction from the preceding quarter by -16.44 %.
Tax expenses as a percentage of profits decreased slightly by -1.43 % compared to last year, with a more notable quarter-on-quarter increase of 10.26 %. Net profit rose by 26.47 % year-on-year but witnessed a -25.86 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -20 % but a quarterly fall of -42.86 %. In summary, AKI India Limited’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 14.397 Cr | Rs. 20.115 Cr | Rs. 20.775 Cr | + 3.28 % | + 44.3 % |
Expenses | Rs. 13.72 Cr | Rs. 19.48 Cr | Rs. 20.28 Cr | + 4.11 % | + 47.81 % |
Operating Profit | Rs. 0.68 Cr | Rs. 0.64 Cr | Rs. 0.49 Cr | -23.44 % | -27.94 % |
Net Profit | Rs. 0.34 Cr | Rs. 0.58 Cr | Rs. 0.43 Cr | -25.86 % | + 26.47 % |
EPS in Rs | Rs. 0.05 | Rs. 0.07 | Rs. 0.04 | -42.86 % | -20 % |
In reviewing AKI India Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 44.3 % year-on-year growth, however, there was a minor increase of 3.28 % from the previous quarter. Expenses rose by 47.81 % compared to the previous year, with a 4.11 % increase quarter-on-quarter. Operating Profit dropped by -27.94 % annually, and saw a -23.44 % decrease from the last quarter.
Net Profit showed yearly increase of 26.47 %, and experienced a -25.86 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -20 % annually, however dipped by -42.86 % compared to the last quarter. In essence, while AKI India Limited exhibits strong annual growth indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.
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