Alembic announced Financial Results Q1 2024

The comprehensive analytics outlining the performance and outlook of Alembic Limited‘s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Today, we’re looking at Alembic 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 37.66 %. However, it did see a marginal increase of 3.3 % from the previous quarter. Expenses ticked up slightly by 22.79 % quarter-on-quarter, aligning with the annual rise of 16.01 %. Operating profit, while up 92.38 % compared to last year, faced a quarter-on-quarter dip of -16.81 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 11.27 %, but a shrinkage of -9.58 % sequentially. Other income fell by -2.97 % compared to the last quarter, despite an annual decline of -26.99 %. Interest expenses surged remarkably by 3.03 % from the previous quarter, yet the year-over-year increase remains at a moderate 580 %. Depreciation costs climbed by 73.38 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 38.51 %. Profit before tax grew annually by 70.39 % but saw a reduction from the preceding quarter by -21.26 %.
Tax expenses as a percentage of profits decreased slightly by -3.66 % compared to last year, with a more notable quarter-on-quarter decrease of -2.98 %. Net profit rose by 77.64 % year-on-year but witnessed a -18.57 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 78.38 % but a quarterly fall of -18.52 %. In summary, Alembic Limited’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

In reviewing Alembic Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 37.66 % year-on-year growth, however, there was a minor increase of 3.3 % from the previous quarter. Expenses rose by 16.01 % compared to the previous year, with a 22.79 % increase quarter-on-quarter. Operating Profit surged by 92.38 % annually, and saw a -16.81 % decrease from the last quarter.
Net Profit showed yearly increase of 77.64 %, and experienced a -18.57 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 78.38 % annually, however dipped by -18.52 % compared to the last quarter. In essence, while Alembic 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.