Share the post "Alkali Metals : Q4 2024 Financial Quarterly Report : YoY Sales Down 9.22 %, QoQ Down 0.52 %"
Highlights
- Sales over the Year and quarter: The company’s sales declined by -9.22 % over the year, decrease in net sales/revenue by -0.52 %.
- 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 81.25 %. Marginal increase in other income during this quarter, up by 544.44%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Alkali Metals Limited. Profit dropped by -43.15 % Year to Year, Alkali Metals Limited’s profitability increased by 52.75 % in this quarter.
- EPS over the Year and quarter: EPS declined by -40.22 % Year to Year. EPS increased by 511.11 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 26.899 Cr | Rs. 24.546 Cr | Rs. 24.418 Cr | -0.52 % | -9.22 % |
Expenses | Rs. 23.6 Cr | Rs. 21.77 Cr | Rs. 22.53 Cr | + 3.49 % | -4.53 % |
Operating Profit | Rs. 3.3 Cr | Rs. 2.78 Cr | Rs. 1.89 Cr | -32.01 % | -42.73 % |
OPM % | 12.27 % | 11.33 % | 7.74 % | -3.59 % | -4.53 % |
Other Income | Rs. 0.32 Cr | Rs. 0.09 Cr | Rs. 0.58 Cr | + 544.44 % | + 81.25 % |
Interest | Rs. 1.18 Cr | Rs. 0.75 Cr | Rs. 0.51 Cr | -32 % | -56.78 % |
Depreciation | Rs. 1.1 Cr | Rs. 1.17 Cr | Rs. 1.16 Cr | -0.85 % | + 5.45 % |
Profit before tax | Rs. 1.34 Cr | Rs. 0.95 Cr | Rs. 0.8 Cr | -15.79 % | -40.3 % |
Tax % | 21.68 % | 61.79 % | 41.84 % | -19.95 % | + 20.16 % |
Net Profit | Rs. 0.98 Cr | Rs. 0.36 Cr | Rs. 0.56 Cr | + 55.56 % | -42.86 % |
EPS in Rs | Rs. 0.92 | Rs. 0.09 | Rs. 0.55 | + 511.11 % | -40.22 % |
Today, we’re looking at Alkali Metals Limited’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -9.22 %. However, it did see a marginal slip of -0.52 % from the previous quarter. Expenses ticked up slightly by 3.49 % quarter-on-quarter, aligning with the annual decline of -4.53 %. Operating profit, while down -42.73 % compared to last year, faced a quarter-on-quarter dip of -32.01 %, 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 -4.53 %, but a shrinkage of -3.59 % sequentially. Other income rose by 544.44 % compared to the last quarter, despite an annual growth of 81.25 %. Interest expenses dropped significantly by -32 % from the previous quarter, yet the year-over-year decrease remains at a moderate -56.78 %. Depreciation costs fell by -0.85 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 5.45 %. Profit before tax declined annually by -40.3 % but saw a reduction from the preceding quarter by -15.79 %.
Tax expenses as a percentage of profits increased slightly by 20.16 % compared to last year, with a more notable quarter-on-quarter decrease of -19.95 %. Net profit fell by -42.86 % year-on-year but experienced a 55.56 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -40.22 % but a quarterly rise of 511.11 %. In summary, Alkali Metals 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. 26.899 Cr | Rs. 24.546 Cr | Rs. 24.418 Cr | -0.52 % | -9.22 % |
Expenses | Rs. 23.6 Cr | Rs. 21.77 Cr | Rs. 22.53 Cr | + 3.49 % | -4.53 % |
Operating Profit | Rs. 3.3 Cr | Rs. 2.78 Cr | Rs. 1.89 Cr | -32.01 % | -42.73 % |
Net Profit | Rs. 0.98 Cr | Rs. 0.36 Cr | Rs. 0.56 Cr | + 55.56 % | -42.86 % |
EPS in Rs | Rs. 0.92 | Rs. 0.09 | Rs. 0.55 | + 511.11 % | -40.22 % |
In reviewing Alkali Metals Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -9.22 % year-on-year, although there was a slight dip of -0.52 % from the previous quarter. Expenses decreased by -4.53 % compared to the previous year, with a 3.49 % increase quarter-on-quarter. Operating Profit dropped by -42.73 % annually, and saw a -32.01 % decrease from the last quarter.
Net Profit showed yearly decrease of -42.86 %, and experienced a 55.56 % increase from the previous quarter. Earnings Per Share (EPS) fell by -40.22 % annually, however rose by 511.11 % compared to the last quarter. In essence, while Alkali Metals 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.