Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 11.65 % in the past year, substantial increase in net sales/revenue by 9.41 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -17.96 %, Marginal increase in other income during this quarter, up by 16.21%.
- Profit over the Year and quarter: Significant improvement in profitability for Ambuja Cements Ltd.. Notable increase of 99.89 % in net profit Year to Year, Ambuja Cements Ltd.’s profitability increased by 40.04 % in this quarter.
- EPS over the Year and quarter: EPS increased by 63.38 % Year to Year. EPS increased by 28.26 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 7965.98 Cr | Rs. 8128.8 Cr | Rs. 8893.989 Cr | + 9.41 % | + 11.65 % |
| Expenses | Rs. 6726.95 Cr | Rs. 6396.7 Cr | Rs. 7195.36 Cr | + 12.49 % | + 6.96 % |
| Operating Profit | Rs. 1239.03 Cr | Rs. 1732.1 Cr | Rs. 1698.63 Cr | -1.93 % | + 37.09 % |
| OPM % | 15.55 % | 21.31 % | 19.1 % | -2.21 % | + 3.55 % |
| Other Income | Rs. 288.75 Cr | Rs. 203.86 Cr | Rs. 236.9 Cr | + 16.21 % | -17.96 % |
| Interest | Rs. 39.43 Cr | Rs. 70.14 Cr | Rs. 92.91 Cr | + 32.46 % | + 135.63 % |
| Depreciation | Rs. 352.33 Cr | Rs. 417.7 Cr | Rs. 453.06 Cr | + 8.47 % | + 28.59 % |
| Profit before tax | Rs. 1136.02 Cr | Rs. 1448.12 Cr | Rs. 1389.56 Cr | -4.04 % | + 22.32 % |
| Tax % | 22.91 % | 24.94 % | 4.72 % | -20.22 % | -18.19 % |
| Net Profit | Rs. 763.3 Cr | Rs. 1089.55 Cr | Rs. 1525.76 Cr | + 40.04 % | + 99.89 % |
| EPS in Rs | Rs. 3.25 | Rs. 4.14 | Rs. 5.31 | + 28.26 % | + 63.38 % |
Today, we’re looking at Ambuja Cements 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 11.65 %. However, it did see a marginal increase of 9.41 % from the previous quarter. Expenses ticked up slightly by 12.49 % quarter-on-quarter, aligning with the annual rise of 6.96 %. Operating profit, while up 37.09 % compared to last year, faced a quarter-on-quarter dip of -1.93 %, 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 3.55 %, but a shrinkage of -2.21 % sequentially. Other income rose by 16.21 % compared to the last quarter, despite an annual decline of -17.96 %. Interest expenses surged remarkably by 32.46 % from the previous quarter, yet the year-over-year increase remains at a moderate 135.63 %. Depreciation costs climbed by 8.47 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 28.59 %. Profit before tax grew annually by 22.32 % but saw a reduction from the preceding quarter by -4.04 %.
Tax expenses as a percentage of profits decreased slightly by -18.19 % compared to last year, with a more notable quarter-on-quarter decrease of -20.22 %. Net profit rose by 99.89 % year-on-year but experienced a 40.04 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 63.38 % but a quarterly rise of 28.26 %. In summary, Ambuja Cements 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. 7965.98 Cr | Rs. 8128.8 Cr | Rs. 8893.989 Cr | + 9.41 % | + 11.65 % |
| Expenses | Rs. 6726.95 Cr | Rs. 6396.7 Cr | Rs. 7195.36 Cr | + 12.49 % | + 6.96 % |
| Operating Profit | Rs. 1239.03 Cr | Rs. 1732.1 Cr | Rs. 1698.63 Cr | -1.93 % | + 37.09 % |
| Net Profit | Rs. 763.3 Cr | Rs. 1089.55 Cr | Rs. 1525.76 Cr | + 40.04 % | + 99.89 % |
| EPS in Rs | Rs. 3.25 | Rs. 4.14 | Rs. 5.31 | + 28.26 % | + 63.38 % |
In reviewing Ambuja Cements Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 11.65 % year-on-year growth, however, there was a minor increase of 9.41 % from the previous quarter. Expenses rose by 6.96 % compared to the previous year, with a 12.49 % increase quarter-on-quarter. Operating Profit surged by 37.09 % annually, and saw a -1.93 % decrease from the last quarter.
Net Profit showed yearly increase of 99.89 %, and experienced a 40.04 % increase from the previous quarter. Earnings Per Share (EPS) rose by 63.38 % annually, however rose by 28.26 % compared to the last quarter. In essence, while Ambuja Cements 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.
