Share the post "Amba Enterprises Ltd.’s Quarterly Result and Earnings Report for Q4(Mar 2024) : Sales increased by 16.31 % in YoY and increased by 26.85 % in QoQ"
Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 16.31 % in the past year, substantial increase in net sales/revenue by 26.85 %.
- 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 3700 %. Marginal increase in other income during this quarter, up by 533.33%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Amba Enterprises Ltd.. Profit dropped by -0.35 % Year to Year, Amba Enterprises Ltd.’s profitability increased by 26.99 % in this quarter.
- EPS over the Year and quarter: EPS declined by -0.74 % Year to Year. EPS increased by 27.36 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 66.68 Cr | Rs. 61.136 Cr | Rs. 77.554 Cr | + 26.85 % | + 16.31 % |
| Expenses | Rs. 64.23 Cr | Rs. 59.23 Cr | Rs. 75.18 Cr | + 26.93 % | + 17.05 % |
| Operating Profit | Rs. 2.45 Cr | Rs. 1.91 Cr | Rs. 2.37 Cr | + 24.08 % | -3.27 % |
| OPM % | 3.67 % | 3.12 % | 3.06 % | -0.06 % | -0.61 % |
| Other Income | Rs. 0.01 Cr | Rs. 0.06 Cr | Rs. 0.38 Cr | + 533.33 % | + 3700 % |
| Interest | Rs. 0.07 Cr | Rs. 0.05 Cr | Rs. 0.11 Cr | + 120 % | + 57.14 % |
| Depreciation | Rs. 0.15 Cr | Rs. 0.15 Cr | Rs. 0.15 Cr | + 0 % | + 0 % |
| Profit before tax | Rs. 2.24 Cr | Rs. 1.77 Cr | Rs. 2.49 Cr | + 40.68 % | + 11.16 % |
| Tax % | 23.84 % | 23.81 % | 31.69 % | + 7.88 % | + 7.85 % |
| Net Profit | Rs. 1.71 Cr | Rs. 1.34 Cr | Rs. 1.7 Cr | + 26.87 % | -0.58 % |
| EPS in Rs | Rs. 1.36 | Rs. 1.06 | Rs. 1.35 | + 27.36 % | -0.74 % |
Today, we’re looking at Amba Enterprises 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 16.31 %. However, it did see a marginal increase of 26.85 % from the previous quarter. Expenses ticked up slightly by 26.93 % quarter-on-quarter, aligning with the annual rise of 17.05 %. Operating profit, while down -3.27 % compared to last year, faced a quarter-on-quarter increase of 24.08 %, 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 -0.61 %, but a shrinkage of -0.06 % sequentially. Other income rose by 533.33 % compared to the last quarter, despite an annual growth of 3700 %. Interest expenses surged remarkably by 120 % from the previous quarter, yet the year-over-year increase remains at a moderate 57.14 %. 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 11.16 % but saw an increase from the preceding quarter by 40.68 %.
Tax expenses as a percentage of profits increased slightly by 7.85 % compared to last year, with a more notable quarter-on-quarter increase of 7.88 %. Net profit fell by -0.58 % year-on-year but experienced a 26.87 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -0.74 % but a quarterly rise of 27.36 %. 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. 66.68 Cr | Rs. 61.136 Cr | Rs. 77.554 Cr | + 26.85 % | + 16.31 % |
| Expenses | Rs. 64.23 Cr | Rs. 59.23 Cr | Rs. 75.18 Cr | + 26.93 % | + 17.05 % |
| Operating Profit | Rs. 2.45 Cr | Rs. 1.91 Cr | Rs. 2.37 Cr | + 24.08 % | -3.27 % |
| Net Profit | Rs. 1.71 Cr | Rs. 1.34 Cr | Rs. 1.7 Cr | + 26.87 % | -0.58 % |
| EPS in Rs | Rs. 1.36 | Rs. 1.06 | Rs. 1.35 | + 27.36 % | -0.74 % |
In reviewing Amba Enterprises Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 16.31 % year-on-year growth, however, there was a minor increase of 26.85 % from the previous quarter. Expenses rose by 17.05 % compared to the previous year, with a 26.93 % increase quarter-on-quarter. Operating Profit dropped by -3.27 % annually, and saw a 24.08 % increase from the last quarter.
Net Profit showed yearly decrease of -0.58 %, and experienced a 26.87 % increase from the previous quarter. Earnings Per Share (EPS) fell by -0.74 % annually, however rose by 27.36 % compared to the last quarter. In essence, while Amba Enterprises 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.
