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Highlights
- The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 4.95 % in the past year, substantial increase in net sales/revenue by 4.34 %.
- 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 29.11 %. Marginal decrease of -60.64% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Allcargo Terminals Limited. Notable increase of 6.15 % in net profit Year to Year, Allcargo Terminals Limited’s profitability increased by 3.57 % in this quarter.
- EPS over the Year and quarter: EPS increased by 2.70 % Year to Year. EPS increased by 5.56 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 180.693 Cr | Rs. 181.763 Cr | Rs. 189.643 Cr | + 4.34 % | + 4.95 % |
| Expenses | Rs. 151.7 Cr | Rs. 155.1 Cr | Rs. 159.62 Cr | + 2.91 % | + 5.22 % |
| Operating Profit | Rs. 28.99 Cr | Rs. 26.66 Cr | Rs. 30.02 Cr | + 12.6 % | + 3.55 % |
| OPM % | 16.04 % | 14.67 % | 15.83 % | + 1.16 % | -0.21 % |
| Other Income | Rs. 1.106 Cr | Rs. 3.628 Cr | Rs. 1.428 Cr | -60.64 % | + 29.11 % |
| Interest | Rs. 7.07 Cr | Rs. 7.22 Cr | Rs. 7.2 Cr | -0.28 % | + 1.84 % |
| Depreciation | Rs. 13.35 Cr | Rs. 13.92 Cr | Rs. 13.8 Cr | -0.86 % | + 3.37 % |
| Profit before tax | Rs. 9.68 Cr | Rs. 9.15 Cr | Rs. 10.45 Cr | + 14.21 % | + 7.95 % |
| Tax % | 16.36 % | 19.23 % | 18.51 % | -0.72 % | + 2.15 % |
| Net Profit | Rs. 9 Cr | Rs. 9.22 Cr | Rs. 9.55 Cr | + 3.58 % | + 6.11 % |
| EPS in Rs | Rs. 0.37 | Rs. 0.36 | Rs. 0.38 | + 5.56 % | + 2.7 % |
Today, we’re looking at Allcargo Terminals 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 4.95 %. However, it did see a marginal increase of 4.34 % from the previous quarter. Expenses ticked up slightly by 2.91 % quarter-on-quarter, aligning with the annual rise of 5.22 %. Operating profit, while up 3.55 % compared to last year, faced a quarter-on-quarter increase of 12.6 %, 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 -0.21 %, but an expansion of 1.16 % sequentially. Other income fell by -60.64 % compared to the last quarter, despite an annual growth of 29.11 %. Interest expenses dropped significantly by -0.28 % from the previous quarter, yet the year-over-year increase remains at a moderate 1.84 %. Depreciation costs fell by -0.86 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 3.37 %. Profit before tax grew annually by 7.95 % but saw an increase from the preceding quarter by 14.21 %.
Tax expenses as a percentage of profits increased slightly by 2.15 % compared to last year, with a more notable quarter-on-quarter decrease of -0.72 %. Net profit rose by 6.11 % year-on-year but experienced a 3.58 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 2.7 % but a quarterly rise of 5.56 %. In summary, Allcargo Terminals 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. 180.693 Cr | Rs. 181.763 Cr | Rs. 189.643 Cr | + 4.34 % | + 4.95 % |
| Expenses | Rs. 151.7 Cr | Rs. 155.1 Cr | Rs. 159.62 Cr | + 2.91 % | + 5.22 % |
| Operating Profit | Rs. 28.99 Cr | Rs. 26.66 Cr | Rs. 30.02 Cr | + 12.6 % | + 3.55 % |
| Net Profit | Rs. 9 Cr | Rs. 9.22 Cr | Rs. 9.55 Cr | + 3.58 % | + 6.11 % |
| EPS in Rs | Rs. 0.37 | Rs. 0.36 | Rs. 0.38 | + 5.56 % | + 2.7 % |
In reviewing Allcargo Terminals Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 4.95 % year-on-year growth, however, there was a minor increase of 4.34 % from the previous quarter. Expenses rose by 5.22 % compared to the previous year, with a 2.91 % increase quarter-on-quarter. Operating Profit surged by 3.55 % annually, and saw a 12.6 % increase from the last quarter.
Net Profit showed yearly increase of 6.11 %, and experienced a 3.58 % increase from the previous quarter. Earnings Per Share (EPS) rose by 2.7 % annually, however rose by 5.56 % compared to the last quarter. In essence, while Allcargo Terminals Limited exhibits strong annual growth 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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