Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 19.69 % in the past year, decrease in net sales/revenue by -4.47 %.
- 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 35.71 %. Marginal increase in other income during this quarter, up by 38.47%.
- Profit over the Year and quarter: Significant improvement in profitability for Amara Raja Energy & Mobility Limited. Notable increase of 64.81 % in net profit Year to Year, Amara Raja Energy & Mobility Limited’s profitability dropped by -9.8 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 53.80 % Year to Year. EPS decreased by -15.83 % 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. 2429.44 Cr | Rs. 3043.92 Cr | Rs. 2907.86 Cr | -4.47 % | + 19.69 % |
| Expenses | Rs. 2092.1 Cr | Rs. 2613.37 Cr | Rs. 2497.54 Cr | -4.43 % | + 19.38 % |
| Operating Profit | Rs. 337.34 Cr | Rs. 430.55 Cr | Rs. 410.32 Cr | -4.7 % | + 21.63 % |
| OPM % | 13.89 % | 14.14 % | 14.11 % | -0.03 % | + 0.22 % |
| Other Income | Rs. 24.56 Cr | Rs. 24.07 Cr | Rs. 33.33 Cr | + 38.47 % | + 35.71 % |
| Interest | Rs. 6.23 Cr | Rs. 5.89 Cr | Rs. 10.9 Cr | + 85.06 % | + 74.96 % |
| Depreciation | Rs. 114.45 Cr | Rs. 116.43 Cr | Rs. 123.36 Cr | + 5.95 % | + 7.79 % |
| Profit before tax | Rs. 241.22 Cr | Rs. 332.3 Cr | Rs. 309.39 Cr | -6.89 % | + 28.26 % |
| Tax % | 27.97 % | 23.34 % | 25.73 % | + 2.39 % | -2.24 % |
| Net Profit | Rs. 139.42 Cr | Rs. 254.75 Cr | Rs. 229.78 Cr | -9.8 % | + 64.81 % |
| EPS in Rs | Rs. 8.16 | Rs. 14.91 | Rs. 12.55 | -15.83 % | + 53.8 % |
Today, we’re looking at Amara Raja Energy & Mobility Limited’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 19.69 %. However, it did see a marginal slip of -4.47 % from the previous quarter. Expenses decreased slightly by -4.43 % quarter-on-quarter, aligning with the annual rise of 19.38 %. Operating profit, while up 21.63 % compared to last year, faced a quarter-on-quarter dip of -4.7 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 0.22 %, but a shrinkage of -0.03 % sequentially. Other income rose by 38.47 % compared to the last quarter, despite an annual growth of 35.71 %. Interest expenses surged remarkably by 85.06 % from the previous quarter, yet the year-over-year increase remains at a moderate 74.96 %. Depreciation costs climbed by 5.95 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 7.79 %. Profit before tax grew annually by 28.26 % but saw a reduction from the preceding quarter by -6.89 %.
Tax expenses as a percentage of profits decreased slightly by -2.24 % compared to last year, with a more notable quarter-on-quarter increase of 2.39 %. Net profit rose by 64.81 % year-on-year but witnessed a -9.8 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 53.8 % but a quarterly fall of -15.83 %. In summary, Amara Raja Energy & Mobility 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. 2429.44 Cr | Rs. 3043.92 Cr | Rs. 2907.86 Cr | -4.47 % | + 19.69 % |
| Expenses | Rs. 2092.1 Cr | Rs. 2613.37 Cr | Rs. 2497.54 Cr | -4.43 % | + 19.38 % |
| Operating Profit | Rs. 337.34 Cr | Rs. 430.55 Cr | Rs. 410.32 Cr | -4.7 % | + 21.63 % |
| Net Profit | Rs. 139.42 Cr | Rs. 254.75 Cr | Rs. 229.78 Cr | -9.8 % | + 64.81 % |
| EPS in Rs | Rs. 8.16 | Rs. 14.91 | Rs. 12.55 | -15.83 % | + 53.8 % |
In reviewing Amara Raja Energy & Mobility Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 19.69 % year-on-year growth, although there was a slight dip of -4.47 % from the previous quarter. Expenses rose by 19.38 % compared to the previous year, with a decrease of -4.43 % quarter-on-quarter. Operating Profit surged by 21.63 % annually, and saw a -4.7 % decrease from the last quarter.
Net Profit showed yearly increase of 64.81 %, and experienced a -9.8 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 53.8 % annually, however dipped by -15.83 % compared to the last quarter. In essence, while Amara Raja Energy & Mobility 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.
