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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 12.72 % in the past year, decrease in net sales/revenue by -25.12 %.
- 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 68.1 %. Marginal decrease of -51.91% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Ambalal Sarabhai Enterprise Ltd.,. Profit dropped by -107.12 % Year to Year, Ambalal Sarabhai Enterprise Ltd.,’s profitability dropped by -96.15 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -107.81 % Year to Year. EPS decreased by -95.76 % 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. 36.103 Cr | Rs. 54.346 Cr | Rs. 40.697 Cr | -25.12 % | + 12.72 % |
Expenses | Rs. 40.07 Cr | Rs. 49.69 Cr | Rs. 40.22 Cr | -19.06 % | + 0.37 % |
Operating Profit | Rs. -3.97 Cr | Rs. 4.66 Cr | Rs. 0.48 Cr | -89.7 % | + 112.09 % |
OPM % | -11 % | 8.57 % | 1.18 % | -7.39 % | + 12.18 % |
Other Income | Rs. 1.37 Cr | Rs. 4.789 Cr | Rs. 2.303 Cr | -51.91 % | + 68.1 % |
Interest | Rs. 0.95 Cr | Rs. 0.9 Cr | Rs. 0.96 Cr | + 6.67 % | + 1.05 % |
Depreciation | Rs. 1.05 Cr | Rs. 0.25 Cr | Rs. 0.98 Cr | + 292 % | -6.67 % |
Profit before tax | Rs. -4.6 Cr | Rs. 8.3 Cr | Rs. 0.84 Cr | -89.88 % | + 118.26 % |
Tax % | -7.53 % | 7.76 % | 41.2 % | + 33.44 % | + 48.73 % |
Net Profit | Rs. -4.87 Cr | Rs. 9.02 Cr | Rs. 0.35 Cr | -96.12 % | + 107.19 % |
EPS in Rs | Rs. -0.64 | Rs. 1.18 | Rs. 0.05 | -95.76 % | + 107.81 % |
Today, we’re looking at Ambalal Sarabhai Enterprise 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 12.72 %. However, it did see a marginal slip of -25.12 % from the previous quarter. Expenses decreased slightly by -19.06 % quarter-on-quarter, aligning with the annual rise of 0.37 %. Operating profit, while up 112.09 % compared to last year, faced a quarter-on-quarter dip of -89.7 %, 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 12.18 %, but a shrinkage of -7.39 % sequentially. Other income fell by -51.91 % compared to the last quarter, despite an annual growth of 68.1 %. Interest expenses surged remarkably by 6.67 % from the previous quarter, yet the year-over-year increase remains at a moderate 1.05 %. Depreciation costs climbed by 292 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -6.67 %. Profit before tax grew annually by 118.26 % but saw a reduction from the preceding quarter by -89.88 %.
Tax expenses as a percentage of profits increased slightly by 48.73 % compared to last year, with a more notable quarter-on-quarter increase of 33.44 %. Net profit rose by 107.19 % year-on-year but witnessed a -96.12 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 107.81 % but a quarterly fall of -95.76 %. In summary, Ambalal Sarabhai Enterprise 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. 36.103 Cr | Rs. 54.346 Cr | Rs. 40.697 Cr | -25.12 % | + 12.72 % |
Expenses | Rs. 40.07 Cr | Rs. 49.69 Cr | Rs. 40.22 Cr | -19.06 % | + 0.37 % |
Operating Profit | Rs. -3.97 Cr | Rs. 4.66 Cr | Rs. 0.48 Cr | -89.7 % | + 112.09 % |
Net Profit | Rs. -4.87 Cr | Rs. 9.02 Cr | Rs. 0.35 Cr | -96.12 % | + 107.19 % |
EPS in Rs | Rs. -0.64 | Rs. 1.18 | Rs. 0.05 | -95.76 % | + 107.81 % |
In reviewing Ambalal Sarabhai Enterprise Ltd.,’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 12.72 % year-on-year growth, although there was a slight dip of -25.12 % from the previous quarter. Expenses rose by 0.37 % compared to the previous year, with a decrease of -19.06 % quarter-on-quarter. Operating Profit surged by 112.09 % annually, and saw a -89.7 % decrease from the last quarter.
Net Profit showed yearly increase of 107.19 %, and experienced a -96.12 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 107.81 % annually, however dipped by -95.76 % compared to the last quarter. In essence, while Ambalal Sarabhai Enterprise Ltd., 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.
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