Share the post "Alfa Transformers ‘s Q1 Results: Profit Drops by 120.33% YoY"
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 -34.46 % over the year, decrease in net sales/revenue by -28.51 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -71.03 %, Marginal decrease of -78.89% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Alfa Transformers ltd.. Profit dropped by -120.6 % Year to Year, Alfa Transformers ltd.’s profitability dropped by -309.09 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -120.90 % Year to Year. EPS decreased by -2900 % 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. 12.383 Cr | Rs. 11.353 Cr | Rs. 8.116 Cr | -28.51 % | -34.46 % |
Expenses | Rs. 10.74 Cr | Rs. 10.91 Cr | Rs. 7.12 Cr | -34.74 % | -33.71 % |
Operating Profit | Rs. 1.64 Cr | Rs. 0.44 Cr | Rs. 1 Cr | + 127.27 % | -39.02 % |
OPM % | 13.24 % | 3.88 % | 12.32 % | + 8.44 % | -0.92 % |
Other Income | Rs. 0.145 Cr | Rs. 0.199 Cr | Rs. 0.042 Cr | -78.89 % | -71.03 % |
Interest | Rs. 0.34 Cr | Rs. 0.36 Cr | Rs. 0.37 Cr | + 2.78 % | + 8.82 % |
Depreciation | Rs. 0.27 Cr | Rs. 0.27 Cr | Rs. 0.28 Cr | + 3.7 % | + 3.7 % |
Profit before tax | Rs. 1.18 Cr | Rs. 0.01 Cr | Rs. 0.39 Cr | + 3800 % | -66.95 % |
Tax % | 3.63 % | 916.67 % | 164.21 % | -752.46 % | + 160.58 % |
Net Profit | Rs. 1.23 Cr | Rs. 0.12 Cr | Rs. -0.25 Cr | -308.33 % | -120.33 % |
EPS in Rs | Rs. 1.34 | Rs. 0.01 | Rs. -0.28 | -2900 % | -120.9 % |
Today, we’re looking at Alfa Transformers ltd.’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -34.46 %. However, it did see a marginal slip of -28.51 % from the previous quarter. Expenses decreased slightly by -34.74 % quarter-on-quarter, aligning with the annual decline of -33.71 %. Operating profit, while down -39.02 % compared to last year, faced a quarter-on-quarter increase of 127.27 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -0.92 %, but an expansion of 8.44 % sequentially. Other income fell by -78.89 % compared to the last quarter, despite an annual decline of -71.03 %. Interest expenses surged remarkably by 2.78 % from the previous quarter, yet the year-over-year increase remains at a moderate 8.82 %. Depreciation costs climbed by 3.7 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 3.7 %. Profit before tax declined annually by -66.95 % but saw an increase from the preceding quarter by 3800 %.
Tax expenses as a percentage of profits increased slightly by 160.58 % compared to last year, with a more notable quarter-on-quarter decrease of -752.46 %. Net profit fell by -120.33 % year-on-year but witnessed a -308.33 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -120.9 % but a quarterly fall of -2900 %. In summary, Alfa Transformers 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. 12.383 Cr | Rs. 11.353 Cr | Rs. 8.116 Cr | -28.51 % | -34.46 % |
Expenses | Rs. 10.74 Cr | Rs. 10.91 Cr | Rs. 7.12 Cr | -34.74 % | -33.71 % |
Operating Profit | Rs. 1.64 Cr | Rs. 0.44 Cr | Rs. 1 Cr | + 127.27 % | -39.02 % |
Net Profit | Rs. 1.23 Cr | Rs. 0.12 Cr | Rs. -0.25 Cr | -308.33 % | -120.33 % |
EPS in Rs | Rs. 1.34 | Rs. 0.01 | Rs. -0.28 | -2900 % | -120.9 % |
In reviewing Alfa Transformers ltd.’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -34.46 % year-on-year, although there was a slight dip of -28.51 % from the previous quarter. Expenses decreased by -33.71 % compared to the previous year, with a decrease of -34.74 % quarter-on-quarter. Operating Profit dropped by -39.02 % annually, and saw a 127.27 % increase from the last quarter.
Net Profit showed yearly decrease of -120.33 %, and experienced a -308.33 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -120.9 % annually, however dipped by -2900 % compared to the last quarter. In essence, while Alfa Transformers ltd. 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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