Share the post "Ambica Agarbathies & Aroma Ind : Q4 2024 Financial Quarterly Report : YoY Sales Down 33.58 %, QoQ Down 19.29 %"
Highlights
- Sales over the Year and quarter: The company’s sales declined by -33.58 % over the year, decrease in net sales/revenue by -19.29 %.
- 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 155.03 %. Marginal increase in other income during this quarter, up by 15966.67%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Ambica Agarbathies & Aroma Ind. Ltd.. Profit dropped by -87.78 % Year to Year, Ambica Agarbathies & Aroma Ind. Ltd.’s profitability dropped by -128.33 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -87.38 % Year to Year. EPS decreased by -128.89 % 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. 35.159 Cr | Rs. 28.934 Cr | Rs. 23.353 Cr | -19.29 % | -33.58 % |
Expenses | Rs. 30.71 Cr | Rs. 27.2 Cr | Rs. 22.75 Cr | -16.36 % | -25.92 % |
Operating Profit | Rs. 4.45 Cr | Rs. 1.73 Cr | Rs. 0.6 Cr | -65.32 % | -86.52 % |
OPM % | 12.66 % | 5.98 % | 2.57 % | -3.41 % | -10.09 % |
Other Income | Rs. 1.89 Cr | Rs. 0.03 Cr | Rs. 4.82 Cr | + 15966.67 % | + 155.03 % |
Interest | Rs. 2.52 Cr | Rs. 2.07 Cr | Rs. 3.49 Cr | + 68.6 % | + 38.49 % |
Depreciation | Rs. 0.61 Cr | Rs. 0.46 Cr | Rs. 0.31 Cr | -32.61 % | -49.18 % |
Profit before tax | Rs. 3.21 Cr | Rs. -0.77 Cr | Rs. 1.62 Cr | + 310.39 % | -49.53 % |
Tax % | 44.53 % | -0 % | 86.61 % | + 86.61 % | + 42.08 % |
Net Profit | Rs. 1.78 Cr | Rs. -0.77 Cr | Rs. 0.22 Cr | + 128.57 % | -87.64 % |
EPS in Rs | Rs. 1.03 | Rs. -0.45 | Rs. 0.13 | + 128.89 % | -87.38 % |
Today, we’re looking at Ambica Agarbathies & Aroma Ind. 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 -33.58 %. However, it did see a marginal slip of -19.29 % from the previous quarter. Expenses decreased slightly by -16.36 % quarter-on-quarter, aligning with the annual decline of -25.92 %. Operating profit, while down -86.52 % compared to last year, faced a quarter-on-quarter dip of -65.32 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -10.09 %, but a shrinkage of -3.41 % sequentially. Other income rose by 15966.67 % compared to the last quarter, despite an annual growth of 155.03 %. Interest expenses surged remarkably by 68.6 % from the previous quarter, yet the year-over-year increase remains at a moderate 38.49 %. Depreciation costs fell by -32.61 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -49.18 %. Profit before tax declined annually by -49.53 % but saw an increase from the preceding quarter by 310.39 %.
Tax expenses as a percentage of profits increased slightly by 42.08 % compared to last year, with a more notable quarter-on-quarter increase of 86.61 %. Net profit fell by -87.64 % year-on-year but experienced a 128.57 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -87.38 % but a quarterly rise of 128.89 %. In summary, Ambica Agarbathies & Aroma Ind. 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. 35.159 Cr | Rs. 28.934 Cr | Rs. 23.353 Cr | -19.29 % | -33.58 % |
Expenses | Rs. 30.71 Cr | Rs. 27.2 Cr | Rs. 22.75 Cr | -16.36 % | -25.92 % |
Operating Profit | Rs. 4.45 Cr | Rs. 1.73 Cr | Rs. 0.6 Cr | -65.32 % | -86.52 % |
Net Profit | Rs. 1.78 Cr | Rs. -0.77 Cr | Rs. 0.22 Cr | + 128.57 % | -87.64 % |
EPS in Rs | Rs. 1.03 | Rs. -0.45 | Rs. 0.13 | + 128.89 % | -87.38 % |
In reviewing Ambica Agarbathies & Aroma Ind. Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -33.58 % year-on-year, although there was a slight dip of -19.29 % from the previous quarter. Expenses decreased by -25.92 % compared to the previous year, with a decrease of -16.36 % quarter-on-quarter. Operating Profit dropped by -86.52 % annually, and saw a -65.32 % decrease from the last quarter.
Net Profit showed yearly decrease of -87.64 %, and experienced a 128.57 % increase from the previous quarter. Earnings Per Share (EPS) fell by -87.38 % annually, however rose by 128.89 % compared to the last quarter. In essence, while Ambica Agarbathies & Aroma Ind. 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.