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AMD Industries announced Financial Results Q1 2024

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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’s sales declined by -5.78 % over the year, substantial increase in net sales/revenue by 27.44 %.
  • 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 12.11 %. Marginal increase in other income during this quarter, up by 44.6%.
  • Profit over the Year and quarter: Significant improvement in profitability for AMD Industries Limited. Notable increase of 373.86 % in net profit Year to Year, AMD Industries Limited’s profitability increased by 4116.85 % in this quarter.
  • EPS over the Year and quarter: EPS increased by 378.05 % Year to Year. EPS increased by 3820 % in previous quarter. Positive impact on shareholders.

The comprehensive analytics outlining the performance and outlook of AMD Industries Limited‘s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 101.337 Cr Rs. 74.921 Cr Rs. 95.478 Cr + 27.44 % -5.78 %
Expenses Rs. 94.31 Cr Rs. 67.59 Cr Rs. 83.81 Cr + 24 % -11.13 %
Operating Profit Rs. 7.03 Cr Rs. 7.33 Cr Rs. 11.67 Cr + 59.21 % + 66 %
OPM % 6.94 % 9.78 % 12.22 % + 2.44 % + 5.28 %
Other Income Rs. 0.454 Cr Rs. 0.352 Cr Rs. 0.509 Cr + 44.6 % + 12.11 %
Interest Rs. 2.88 Cr Rs. 3.33 Cr Rs. 3.01 Cr -9.61 % + 4.51 %
Depreciation Rs. 3.49 Cr Rs. 4.07 Cr Rs. 4.16 Cr + 2.21 % + 19.2 %
Profit before tax Rs. 1.11 Cr Rs. 0.28 Cr Rs. 5.01 Cr + 1689.29 % + 351.35 %
Tax % 28.46 % 68.86 % 25.01 % -43.85 % -3.45 %
Net Profit Rs. 0.79 Cr Rs. 0.09 Cr Rs. 3.75 Cr + 4066.67 % + 374.68 %
EPS in Rs Rs. 0.41 Rs. 0.05 Rs. 1.96 + 3820 % + 378.05 %


Today, we’re looking at AMD Industries Limited’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -5.78 %. However, it did see a marginal increase of 27.44 % from the previous quarter. Expenses ticked up slightly by 24 % quarter-on-quarter, aligning with the annual decline of -11.13 %. Operating profit, while up 66 % compared to last year, faced a quarter-on-quarter increase of 59.21 %, 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 5.28 %, but an expansion of 2.44 % sequentially. Other income rose by 44.6 % compared to the last quarter, despite an annual growth of 12.11 %. Interest expenses dropped significantly by -9.61 % from the previous quarter, yet the year-over-year increase remains at a moderate 4.51 %. Depreciation costs climbed by 2.21 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 19.2 %. Profit before tax grew annually by 351.35 % but saw an increase from the preceding quarter by 1689.29 %.
Tax expenses as a percentage of profits decreased slightly by -3.45 % compared to last year, with a more notable quarter-on-quarter decrease of -43.85 %. Net profit rose by 374.68 % year-on-year but experienced a 4066.67 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 378.05 % but a quarterly rise of 3820 %. In summary, AMD Industries Limited’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. 101.337 Cr Rs. 74.921 Cr Rs. 95.478 Cr + 27.44 % -5.78 %
Expenses Rs. 94.31 Cr Rs. 67.59 Cr Rs. 83.81 Cr + 24 % -11.13 %
Operating Profit Rs. 7.03 Cr Rs. 7.33 Cr Rs. 11.67 Cr + 59.21 % + 66 %
Net Profit Rs. 0.79 Cr Rs. 0.09 Cr Rs. 3.75 Cr + 4066.67 % + 374.68 %
EPS in Rs Rs. 0.41 Rs. 0.05 Rs. 1.96 + 3820 % + 378.05 %


In reviewing AMD Industries Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -5.78 % year-on-year, however, there was a minor increase of 27.44 % from the previous quarter. Expenses decreased by -11.13 % compared to the previous year, with a 24 % increase quarter-on-quarter. Operating Profit surged by 66 % annually, and saw a 59.21 % increase from the last quarter.
Net Profit showed yearly increase of 374.68 %, and experienced a 4066.67 % increase from the previous quarter. Earnings Per Share (EPS) rose by 378.05 % annually, however rose by 3820 % compared to the last quarter. In essence, while AMD Industries Limited 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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