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Alok Industries Ltd.’s Quarterly Result and Earnings Report for Q4(Mar 2024) : Key Metrics and Growth Analysis

April 25, 2024April 25, 2024| adminadmin| 0 Comments| 6:50 am
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Highlights

  • Sales over the Year and quarter: The company’s sales declined by -5.90% over the yearSubstantial increase in net sales/revenue by 17.26%.
  • Income over the Year and quarter: There has been decline in other income over the past year which is -4.14% Marginal increase in other income during this quarter, up by 3738.1%.
  • Profit over the Year and quarter: Challenges in sustaining profitability for Alok Industries Ltd.. Profit dropped by -27.43% Year to YearAlok Industries Ltd.’s profitability dropped by -6.08% Quarter to Quarter.
  • EPS over the Year and quarter: EPS declined by -28.33% Year to Year.EPS decreased by -6.52%. Analysis needed for shareholder value.
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The comprehensive analytics outlining the performance and outlook of Alok Industries Ltd.”s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 1561.5 Cr Rs. 1253.03 Cr Rs. 1469.31 Cr + 17.26% -5.9%
Expenses Rs. 1630.95 Cr Rs. 1258.53 Cr Rs. 1463.71 Cr + 16.3% -10.25%
Operating Profit Rs. -69.45 Cr Rs. -5.5 Cr Rs. 5.6 Cr + 201.82% + 108.06%
OPM % -4.45 % -0.44 % 0.38 % + 0.82% + 4.83%
Other Income Rs. 7.97 Cr Rs. -0.21 Cr Rs. 7.64 Cr + 3738.1% -4.14%
Interest Rs. 143.35 Cr Rs. 143.98 Cr Rs. 156.08 Cr + 8.4% + 8.88%
Depreciation Rs. 92.21 Cr Rs. 79.05 Cr Rs. 77.19 Cr -2.35% -16.29%
Profit before tax Rs. -297.04 Cr Rs. -228.74 Cr Rs. -220.03 Cr + 3.81% + 25.93%
Tax % -0.17 % -0.52 % -1.87 % -1.35% -1.7%
Net Profit Rs. -297.55 Cr Rs. -229.92 Cr Rs. -215.93 Cr + 6.08% + 27.43%
EPS in Rs Rs. -0.6 Rs. -0.46 Rs. -0.43 + 6.52% + 28.33%


Today, we’re looking at Alok Industries Ltd.’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -5.9%. However, it did see a marginal increase of 17.26% from the previous quarter.Expenses ticked up slightly by 16.3% quarter-on-quarter, aligning with the annual decline of -10.25%. Operating profit, while up 108.06% compared to last year, faced a quarter-on-quarter increase of 201.82%, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 4.83%, but an expansion of 0.82% sequentially. Other income rose by 3738.1% compared to the last quarter,despite an annual decline of -4.14%. Interest expenses surged remarkably by 8.4% from the previous quarter, yet the year-over-year increase remains at a moderate 8.88%. Depreciation costs fell by -2.35% quarter-on-quarter, yet on an annual scale, they experienced a reduction of -16.29%. Profit before tax grew annually by 25.93% but saw an increase from the preceding quarter by 3.81%.
Tax expenses as a percentage of profits decreased slightly by -1.7% compared to last year, with a more notable quarter-on-quarter decrease of -1.35%. Net profit rose by 27.43% year-on-year but experienced a 6.08% expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 28.33% but a quarterly rise of 6.52%. In summary, Alok Industries 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. 1561.5 Cr Rs. 1253.03 Cr Rs. 1469.31 Cr + 17.26% -5.9%
Expenses Rs. 1630.95 Cr Rs. 1258.53 Cr Rs. 1463.71 Cr + 16.3% -10.25%
Operating Profit Rs. -69.45 Cr Rs. -5.5 Cr Rs. 5.6 Cr + 201.82% + 108.06%
Net Profit Rs. -297.55 Cr Rs. -229.92 Cr Rs. -215.93 Cr + 6.08% + 27.43%
EPS in Rs Rs. -0.6 Rs. -0.46 Rs. -0.43 + 6.52% + 28.33%


In reviewing Alok Industries Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -5.9% year-on-year, however, there was a minor increase of 17.26% from the previous quarter. Expenses decreased by -10.25% compared to the previous year, with a 16.3% increase quarter-on-quarter. Operating Profit surged by 108.06% annually, and saw a 201.82% increase from the last quarter.
Net Profit showed yearly increase of 27.43%, and experienced a 6.08% increase from the previous quarter. Earnings Per Share (EPS) rose by 28.33% annually, however rose by 6.52% compared to the last quarter. In essence, while Alok Industries Ltd. 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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