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Highlights
- Sales over the Year and quarter: The company’s sales declined by -15.77 % over the year, decrease in net sales/revenue by -4.77 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -23.91 %, Marginal increase in other income during this quarter, up by 30.5%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Allcargo Gati Limited. Profit dropped by -139.58 % Year to Year, Allcargo Gati Limited’s profitability dropped by -92.67 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -137.21 % Year to Year. EPS decreased by -92.69 % 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. 60.7 Cr | Rs. 53.69 Cr | Rs. 51.13 Cr | -4.77 % | -15.77 % |
| Expenses | Rs. 60.75 Cr | Rs. 53.72 Cr | Rs. 52.02 Cr | -3.16 % | -14.37 % |
| Operating Profit | Rs. -0.05 Cr | Rs. -0.03 Cr | Rs. -0.89 Cr | -2866.67 % | -1680 % |
| OPM % | -0.08 % | -0.06 % | -1.74 % | -1.68 % | -1.66 % |
| Other Income | Rs. 3.43 Cr | Rs. 2 Cr | Rs. 2.61 Cr | + 30.5 % | -23.91 % |
| Interest | Rs. 0.05 Cr | Rs. 0.01 Cr | Rs. 0.01 Cr | + 0 % | -80 % |
| Depreciation | Rs. 0.14 Cr | Rs. 0.14 Cr | Rs. 0.13 Cr | -7.14 % | -7.14 % |
| Profit before tax | Rs. 3.19 Cr | Rs. 1.82 Cr | Rs. 1.58 Cr | -13.19 % | -50.47 % |
| Tax % | -4.76 % | 0 % | 38.41 % | + 38.41 % | + 43.17 % |
| Net Profit | Rs. -5.28 Cr | Rs. 28.51 Cr | Rs. 2.09 Cr | -92.67 % | + 139.58 % |
| EPS in Rs | Rs. -0.43 | Rs. 2.19 | Rs. 0.16 | -92.69 % | + 137.21 % |
Today, we’re looking at Allcargo Gati 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 -15.77 %. However, it did see a marginal slip of -4.77 % from the previous quarter. Expenses decreased slightly by -3.16 % quarter-on-quarter, aligning with the annual decline of -14.37 %. Operating profit, while down -1680 % compared to last year, faced a quarter-on-quarter dip of -2866.67 %, 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 -1.66 %, but a shrinkage of -1.68 % sequentially. Other income rose by 30.5 % compared to the last quarter, despite an annual decline of -23.91 %. Interest expenses surged remarkably by 0 % from the previous quarter, yet the year-over-year decrease remains at a moderate -80 %. Depreciation costs fell by -7.14 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -7.14 %. Profit before tax declined annually by -50.47 % but saw a reduction from the preceding quarter by -13.19 %.
Tax expenses as a percentage of profits increased slightly by 43.17 % compared to last year, with a more notable quarter-on-quarter increase of 38.41 %. Net profit rose by 139.58 % year-on-year but witnessed a -92.67 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 137.21 % but a quarterly fall of -92.69 %. In summary, Allcargo Gati 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. 60.7 Cr | Rs. 53.69 Cr | Rs. 51.13 Cr | -4.77 % | -15.77 % |
| Expenses | Rs. 60.75 Cr | Rs. 53.72 Cr | Rs. 52.02 Cr | -3.16 % | -14.37 % |
| Operating Profit | Rs. -0.05 Cr | Rs. -0.03 Cr | Rs. -0.89 Cr | -2866.67 % | -1680 % |
| Net Profit | Rs. -5.28 Cr | Rs. 28.51 Cr | Rs. 2.09 Cr | -92.67 % | + 139.58 % |
| EPS in Rs | Rs. -0.43 | Rs. 2.19 | Rs. 0.16 | -92.69 % | + 137.21 % |
In reviewing Allcargo Gati Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -15.77 % year-on-year, although there was a slight dip of -4.77 % from the previous quarter. Expenses decreased by -14.37 % compared to the previous year, with a decrease of -3.16 % quarter-on-quarter. Operating Profit dropped by -1680 % annually, and saw a -2866.67 % decrease from the last quarter.
Net Profit showed yearly increase of 139.58 %, and experienced a -92.67 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 137.21 % annually, however dipped by -92.69 % compared to the last quarter. In essence, while Allcargo Gati 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.
