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Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 8.34 % in the past year, substantial increase in net sales/revenue by 10.67 %.
- 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 95.12 %. Marginal decrease of -79.22% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Amba Enterprises Ltd.. Notable increase of 48.98 % in net profit Year to Year, Amba Enterprises Ltd.’s profitability increased by 3.23 % in this quarter.
- EPS over the Year and quarter: EPS increased by 49.46 % Year to Year. EPS increased by 2.96 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 79.221 Cr | Rs. 77.554 Cr | Rs. 85.827 Cr | + 10.67 % | + 8.34 % |
| Expenses | Rs. 77.33 Cr | Rs. 75.18 Cr | Rs. 83.12 Cr | + 10.56 % | + 7.49 % |
| Operating Profit | Rs. 1.89 Cr | Rs. 2.37 Cr | Rs. 2.71 Cr | + 14.35 % | + 43.39 % |
| OPM % | 2.39 % | 3.06 % | 3.16 % | + 0.1 % | + 0.77 % |
| Other Income | Rs. 0.041 Cr | Rs. 0.385 Cr | Rs. 0.08 Cr | -79.22 % | + 95.12 % |
| Interest | Rs. 0.07 Cr | Rs. 0.11 Cr | Rs. 0.14 Cr | + 27.27 % | + 100 % |
| Depreciation | Rs. 0.15 Cr | Rs. 0.15 Cr | Rs. 0.15 Cr | + 0 % | + 0 % |
| Profit before tax | Rs. 1.71 Cr | Rs. 2.5 Cr | Rs. 2.5 Cr | + 0 % | + 46.2 % |
| Tax % | 31.07 % | 31.69 % | 29.68 % | -2.01 % | -1.39 % |
| Net Profit | Rs. 1.18 Cr | Rs. 1.7 Cr | Rs. 1.76 Cr | + 3.53 % | + 49.15 % |
| EPS in Rs | Rs. 0.93 | Rs. 1.35 | Rs. 1.39 | + 2.96 % | + 49.46 % |
Today, we’re looking at Amba Enterprises Ltd.’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 8.34 %. However, it did see a marginal increase of 10.67 % from the previous quarter. Expenses ticked up slightly by 10.56 % quarter-on-quarter, aligning with the annual rise of 7.49 %. Operating profit, while up 43.39 % compared to last year, faced a quarter-on-quarter increase of 14.35 %, 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 0.77 %, but an expansion of 0.1 % sequentially. Other income fell by -79.22 % compared to the last quarter, despite an annual growth of 95.12 %. Interest expenses surged remarkably by 27.27 % from the previous quarter, yet the year-over-year increase remains at a moderate 100 %. Depreciation costs climbed by 0 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0 %. Profit before tax grew annually by 46.2 % but saw an increase from the preceding quarter by 0 %.
Tax expenses as a percentage of profits decreased slightly by -1.39 % compared to last year, with a more notable quarter-on-quarter decrease of -2.01 %. Net profit rose by 49.15 % year-on-year but experienced a 3.53 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 49.46 % but a quarterly rise of 2.96 %. In summary, Amba Enterprises 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. 79.221 Cr | Rs. 77.554 Cr | Rs. 85.827 Cr | + 10.67 % | + 8.34 % |
| Expenses | Rs. 77.33 Cr | Rs. 75.18 Cr | Rs. 83.12 Cr | + 10.56 % | + 7.49 % |
| Operating Profit | Rs. 1.89 Cr | Rs. 2.37 Cr | Rs. 2.71 Cr | + 14.35 % | + 43.39 % |
| Net Profit | Rs. 1.18 Cr | Rs. 1.7 Cr | Rs. 1.76 Cr | + 3.53 % | + 49.15 % |
| EPS in Rs | Rs. 0.93 | Rs. 1.35 | Rs. 1.39 | + 2.96 % | + 49.46 % |
In reviewing Amba Enterprises Ltd.’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 8.34 % year-on-year growth, however, there was a minor increase of 10.67 % from the previous quarter. Expenses rose by 7.49 % compared to the previous year, with a 10.56 % increase quarter-on-quarter. Operating Profit surged by 43.39 % annually, and saw a 14.35 % increase from the last quarter.
Net Profit showed yearly increase of 49.15 %, and experienced a 3.53 % increase from the previous quarter. Earnings Per Share (EPS) rose by 49.46 % annually, however rose by 2.96 % compared to the last quarter. In essence, while Amba Enterprises 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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