Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 0.1 % in the past year, substantial increase in net sales/revenue by 5.81 %.
- 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 5.74 %. Marginal increase in other income during this quarter, up by 1073.75%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Allcargo Logistics Ltd. Profit dropped by -124.03 % Year to Year, Allcargo Logistics Ltd’s profitability dropped by -171.83 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -102.39 % Year to Year. EPS decreased by -154.55 % 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. 3395.1 Cr | Rs. 3211.59 Cr | Rs. 3398.33 Cr | + 5.81 % | + 0.1 % |
| Expenses | Rs. 3252.28 Cr | Rs. 3100.47 Cr | Rs. 3299.45 Cr | + 6.42 % | + 1.45 % |
| Operating Profit | Rs. 142.82 Cr | Rs. 111.12 Cr | Rs. 98.88 Cr | -11.02 % | -30.77 % |
| OPM % | 4.21 % | 3.46 % | 2.91 % | -0.55 % | -1.3 % |
| Other Income | Rs. 17.76 Cr | Rs. 1.6 Cr | Rs. 18.78 Cr | + 1073.75 % | + 5.74 % |
| Interest | Rs. 18.95 Cr | Rs. 38.21 Cr | Rs. 30.63 Cr | -19.84 % | + 61.64 % |
| Depreciation | Rs. 80.67 Cr | Rs. 104.25 Cr | Rs. 106.06 Cr | + 1.74 % | + 31.47 % |
| Profit before tax | Rs. 60.96 Cr | Rs. -29.74 Cr | Rs. -19.03 Cr | + 36.01 % | -131.22 % |
| Tax % | 16.43 % | 92.89 % | -27.81 % | -120.7 % | -44.24 % |
| Net Profit | Rs. 51.9 Cr | Rs. 17.36 Cr | Rs. -12.47 Cr | -171.83 % | -124.03 % |
| EPS in Rs | Rs. 2.51 | Rs. 0.11 | Rs. -0.06 | -154.55 % | -102.39 % |
Today, we’re looking at Allcargo Logistics Ltd’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 0.1 %. However, it did see a marginal increase of 5.81 % from the previous quarter. Expenses ticked up slightly by 6.42 % quarter-on-quarter, aligning with the annual rise of 1.45 %. Operating profit, while down -30.77 % compared to last year, faced a quarter-on-quarter dip of -11.02 %, 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 -1.3 %, but a shrinkage of -0.55 % sequentially. Other income rose by 1073.75 % compared to the last quarter, despite an annual growth of 5.74 %. Interest expenses dropped significantly by -19.84 % from the previous quarter, yet the year-over-year increase remains at a moderate 61.64 %. Depreciation costs climbed by 1.74 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 31.47 %. Profit before tax declined annually by -131.22 % but saw an increase from the preceding quarter by 36.01 %.
Tax expenses as a percentage of profits decreased slightly by -44.24 % compared to last year, with a more notable quarter-on-quarter decrease of -120.7 %. Net profit fell by -124.03 % year-on-year but witnessed a -171.83 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -102.39 % but a quarterly fall of -154.55 %. In summary, Allcargo Logistics 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. 3395.1 Cr | Rs. 3211.59 Cr | Rs. 3398.33 Cr | + 5.81 % | + 0.1 % |
| Expenses | Rs. 3252.28 Cr | Rs. 3100.47 Cr | Rs. 3299.45 Cr | + 6.42 % | + 1.45 % |
| Operating Profit | Rs. 142.82 Cr | Rs. 111.12 Cr | Rs. 98.88 Cr | -11.02 % | -30.77 % |
| Net Profit | Rs. 51.9 Cr | Rs. 17.36 Cr | Rs. -12.47 Cr | -171.83 % | -124.03 % |
| EPS in Rs | Rs. 2.51 | Rs. 0.11 | Rs. -0.06 | -154.55 % | -102.39 % |
In reviewing Allcargo Logistics Ltd’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 0.1 % year-on-year growth, however, there was a minor increase of 5.81 % from the previous quarter. Expenses rose by 1.45 % compared to the previous year, with a 6.42 % increase quarter-on-quarter. Operating Profit dropped by -30.77 % annually, and saw a -11.02 % decrease from the last quarter.
Net Profit showed yearly decrease of -124.03 %, and experienced a -171.83 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -102.39 % annually, however dipped by -154.55 % compared to the last quarter. In essence, while Allcargo Logistics 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.
