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Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company’s sales declined by -2.82 % over the year, substantial increase in net sales/revenue by 0.33 %.
- 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 27.21 %. Marginal increase in other income during this quarter, up by 120.84%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Albert David Limited. Profit dropped by -19.78 % Year to Year, Albert David Limited’s profitability increased by 45.93 % in this quarter.
- EPS over the Year and quarter: EPS declined by -19.78 % Year to Year. EPS increased by 45.91 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 91.947 Cr | Rs. 89.058 Cr | Rs. 89.356 Cr | + 0.33 % | -2.82 % |
Expenses | Rs. 78.95 Cr | Rs. 79.49 Cr | Rs. 88.48 Cr | + 11.31 % | + 12.07 % |
Operating Profit | Rs. 13 Cr | Rs. 9.57 Cr | Rs. 0.88 Cr | -90.8 % | -93.23 % |
OPM % | 14.14 % | 10.75 % | 0.98 % | -9.77 % | -13.16 % |
Other Income | Rs. 18.129 Cr | Rs. 10.443 Cr | Rs. 23.062 Cr | + 120.84 % | + 27.21 % |
Interest | Rs. 0.08 Cr | Rs. 0.07 Cr | Rs. 0.09 Cr | + 28.57 % | + 12.5 % |
Depreciation | Rs. 1.85 Cr | Rs. 1.83 Cr | Rs. 1.79 Cr | -2.19 % | -3.24 % |
Profit before tax | Rs. 29.2 Cr | Rs. 18.11 Cr | Rs. 22.06 Cr | + 21.81 % | -24.45 % |
Tax % | 19.52 % | 28.72 % | 14.59 % | -14.13 % | -4.93 % |
Net Profit | Rs. 23.49 Cr | Rs. 12.91 Cr | Rs. 18.84 Cr | + 45.93 % | -19.8 % |
EPS in Rs | Rs. 41.16 | Rs. 22.63 | Rs. 33.02 | + 45.91 % | -19.78 % |
Today, we’re looking at Albert David Limited’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -2.82 %. However, it did see a marginal increase of 0.33 % from the previous quarter. Expenses ticked up slightly by 11.31 % quarter-on-quarter, aligning with the annual rise of 12.07 %. Operating profit, while down -93.23 % compared to last year, faced a quarter-on-quarter dip of -90.8 %, 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 -13.16 %, but a shrinkage of -9.77 % sequentially. Other income rose by 120.84 % compared to the last quarter, despite an annual growth of 27.21 %. Interest expenses surged remarkably by 28.57 % from the previous quarter, yet the year-over-year increase remains at a moderate 12.5 %. Depreciation costs fell by -2.19 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -3.24 %. Profit before tax declined annually by -24.45 % but saw an increase from the preceding quarter by 21.81 %.
Tax expenses as a percentage of profits decreased slightly by -4.93 % compared to last year, with a more notable quarter-on-quarter decrease of -14.13 %. Net profit fell by -19.8 % year-on-year but experienced a 45.93 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -19.78 % but a quarterly rise of 45.91 %. In summary, Albert David 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. 91.947 Cr | Rs. 89.058 Cr | Rs. 89.356 Cr | + 0.33 % | -2.82 % |
Expenses | Rs. 78.95 Cr | Rs. 79.49 Cr | Rs. 88.48 Cr | + 11.31 % | + 12.07 % |
Operating Profit | Rs. 13 Cr | Rs. 9.57 Cr | Rs. 0.88 Cr | -90.8 % | -93.23 % |
Net Profit | Rs. 23.49 Cr | Rs. 12.91 Cr | Rs. 18.84 Cr | + 45.93 % | -19.8 % |
EPS in Rs | Rs. 41.16 | Rs. 22.63 | Rs. 33.02 | + 45.91 % | -19.78 % |
In reviewing Albert David Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -2.82 % year-on-year, however, there was a minor increase of 0.33 % from the previous quarter. Expenses rose by 12.07 % compared to the previous year, with a 11.31 % increase quarter-on-quarter. Operating Profit dropped by -93.23 % annually, and saw a -90.8 % decrease from the last quarter.
Net Profit showed yearly decrease of -19.8 %, and experienced a 45.93 % increase from the previous quarter. Earnings Per Share (EPS) fell by -19.78 % annually, however rose by 45.91 % compared to the last quarter. In essence, while Albert David Limited faces strong annual decline indicators, short-term improvements suggest the potential for recovery and the importance of strategic adjustments to counter market challenges effectively. That’s all for now in the financial sector.
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