Share the post "Aksh Optifibre : Q4 2024 Financial Quarterly Report : YoY Sales Down 36.8 %, QoQ Down 2.77 %"
Highlights
- Sales over the Year and quarter: The company’s sales declined by -36.8 % over the year, decrease in net sales/revenue by -2.77 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -18.33 %, Marginal increase in other income during this quarter, up by 6.52%.
- Profit over the Year and quarter: Significant improvement in profitability for Aksh Optifibre Ltd.. Notable increase of 349.22 % in net profit Year to Year, Aksh Optifibre Ltd.’s profitability increased by 1334.89 % in this quarter.
- EPS over the Year and quarter: EPS increased by 346.99 % Year to Year. EPS increased by 1326.92 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 79.566 Cr | Rs. 51.723 Cr | Rs. 50.288 Cr | -2.77 % | -36.8 % |
| Expenses | Rs. 67.04 Cr | Rs. 48.7 Cr | Rs. 51.04 Cr | + 4.8 % | -23.87 % |
| Operating Profit | Rs. 12.53 Cr | Rs. 3.02 Cr | Rs. -0.75 Cr | -124.83 % | -105.99 % |
| OPM % | 15.75 % | 5.84 % | -1.49 % | -7.33 % | -17.24 % |
| Other Income | Rs. 0.6 Cr | Rs. 0.46 Cr | Rs. 0.49 Cr | + 6.52 % | -18.33 % |
| Interest | Rs. 4.44 Cr | Rs. 3.38 Cr | Rs. 4.44 Cr | + 31.36 % | + 0 % |
| Depreciation | Rs. 6.21 Cr | Rs. 5.45 Cr | Rs. 4.69 Cr | -13.94 % | -24.48 % |
| Profit before tax | Rs. 2.48 Cr | Rs. -5.35 Cr | Rs. -9.39 Cr | -75.51 % | -478.63 % |
| Tax % | -20.78 % | -1.79 % | -11.83 % | -10.04 % | + 8.95 % |
| Net Profit | Rs. -13.44 Cr | Rs. -4.21 Cr | Rs. -60.37 Cr | -1333.97 % | -349.18 % |
| EPS in Rs | Rs. -0.83 | Rs. -0.26 | Rs. -3.71 | -1326.92 % | -346.99 % |
Today, we’re looking at Aksh Optifibre Ltd.’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -36.8 %. However, it did see a marginal slip of -2.77 % from the previous quarter. Expenses ticked up slightly by 4.8 % quarter-on-quarter, aligning with the annual decline of -23.87 %. Operating profit, while down -105.99 % compared to last year, faced a quarter-on-quarter dip of -124.83 %, 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 -17.24 %, but a shrinkage of -7.33 % sequentially. Other income rose by 6.52 % compared to the last quarter, despite an annual decline of -18.33 %. Interest expenses surged remarkably by 31.36 % from the previous quarter, yet the year-over-year increase remains at a moderate 0 %. Depreciation costs fell by -13.94 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -24.48 %. Profit before tax declined annually by -478.63 % but saw a reduction from the preceding quarter by -75.51 %.
Tax expenses as a percentage of profits increased slightly by 8.95 % compared to last year, with a more notable quarter-on-quarter decrease of -10.04 %. Net profit fell by -349.18 % year-on-year but witnessed a -1333.97 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -346.99 % but a quarterly fall of -1326.92 %. In summary, Aksh Optifibre Ltd.’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. 79.566 Cr | Rs. 51.723 Cr | Rs. 50.288 Cr | -2.77 % | -36.8 % |
| Expenses | Rs. 67.04 Cr | Rs. 48.7 Cr | Rs. 51.04 Cr | + 4.8 % | -23.87 % |
| Operating Profit | Rs. 12.53 Cr | Rs. 3.02 Cr | Rs. -0.75 Cr | -124.83 % | -105.99 % |
| Net Profit | Rs. -13.44 Cr | Rs. -4.21 Cr | Rs. -60.37 Cr | -1333.97 % | -349.18 % |
| EPS in Rs | Rs. -0.83 | Rs. -0.26 | Rs. -3.71 | -1326.92 % | -346.99 % |
In reviewing Aksh Optifibre Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -36.8 % year-on-year, although there was a slight dip of -2.77 % from the previous quarter. Expenses decreased by -23.87 % compared to the previous year, with a 4.8 % increase quarter-on-quarter. Operating Profit dropped by -105.99 % annually, and saw a -124.83 % decrease from the last quarter.
Net Profit showed yearly decrease of -349.18 %, and experienced a -1333.97 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -346.99 % annually, however dipped by -1326.92 % compared to the last quarter. In essence, while Aksh Optifibre Ltd. faces strong annual decline indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.
60
3-Year Profit
-14
5-Year Profit
-5
10-Year Profit
8.75
Current Price
142
Market Cap
The company associated with BSE code 532351 presents a financial narrative of mixed fortunes. Over a five-year period, the company achieved a profit of -14 percents, which subsequently rose to 60 percents over the three years that followed. Yet, despite this initial growth, the company now faces a troubling trailing twelve-month (TTM) profit loss of 19 percents. What’s particularly striking is the company’s complete absence of reported sales across all analyzed periods, which brings into question the viability of its revenue generation strategies and long-term business sustainability. Moreover, stock prices have been highly volatile, reflecting the company’s uncertain future. While the stock was valued at 5 percents over the last five years, it has recently dropped to -25 percents, underscoring a rapid decline in market confidence. Over the longer ten-year period, the stock price was at -7 percents, illustrating a pattern of fluctuating performance that could pose risks for potential investors.
The company has a market capitalization of ₹142 crore and is currently trading at a stock price of ₹8.75. Over time, the stock has fluctuated between the historical highs and lows of ₹15.8 / 7.84, reflecting the market's volatility. With a Price-to-Earnings (P/E) ratio of , the stock appears highly valued, indicating that investors are willing to pay a premium for its earnings potential. The company's book value per share stands at ₹2.49, showcasing the underlying asset value. Additionally, the dividend yield is 0.00%, suggesting that the company offers shareholders a moderate return on their investment in the form of dividends. The Return on Capital Employed (ROCE) is -33.3%, indicating the efficiency with which the company generates profit from its capital. Meanwhile, the Return on Equity (ROE) is -136%, highlighting the profitability relative to shareholder equity. Despite these figures, the company maintains a very low debt-to-equity ratio of 2.53, signaling minimal leverage. It also reports a net cash flow of ₹-1.02 crore, reflecting the company's ability to generate cash. The Piotroski score is 6.00, a measure of the company's financial strength, while the Graham Number estimates the intrinsic value of the stock at ₹. The Price-to-Book (P/B) ratio of 3.52 further suggests that the stock is trading at a premium relative to its book value, potentially reflecting positive market sentiment or expectations of future growth.
 Ltd. logo1.jpg){kind=logo}
