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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 -4.6 % over the year, substantial increase in net sales/revenue by 21.91 %.
- Profit over the Year and quarter: Challenges in sustaining profitability for AMS POLYMERS LIMITED. Profit dropped by -74.73 % Year to Year, AMS POLYMERS LIMITED’s profitability dropped by -2933.33 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -97.38 % Year to Year. EPS increased by 700 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 23.068 Cr | Rs. 18.051 Cr | Rs. 22.006 Cr | + 21.91 % | -4.6 % |
| Expenses | Rs. 21.91 Cr | Rs. 17.85 Cr | Rs. 21.46 Cr | + 20.22 % | -2.05 % |
| Operating Profit | Rs. 1.16 Cr | Rs. 0.2 Cr | Rs. 0.55 Cr | + 175 % | -52.59 % |
| OPM % | 5.03 % | 1.11 % | 2.5 % | + 1.39 % | -2.53 % |
| Other Income | Rs. 0.001 Cr | Rs. 0.004 Cr | Rs. 0 Cr | 0 % | 0 % |
| Interest | Rs. 0.14 Cr | Rs. 0.19 Cr | Rs. 0.19 Cr | + 0 % | + 35.71 % |
| Depreciation | Rs. 0.01 Cr | Rs. 0.03 Cr | Rs. 0.01 Cr | -66.67 % | + 0 % |
| Profit before tax | Rs. 1.01 Cr | Rs. -0.02 Cr | Rs. 0.35 Cr | + 1850 % | -65.35 % |
| Tax % | 0 % | -28.57 % | 26.09 % | + 54.66 % | + 26.09 % |
| Net Profit | Rs. 1.01 Cr | Rs. -0.01 Cr | Rs. 0.26 Cr | + 2700 % | -74.26 % |
| EPS in Rs | Rs. 3.05 | Rs. -0.01 | Rs. 0.08 | + 900 % | -97.38 % |
Today, we’re looking at AMS POLYMERS 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 -4.6 %. However, it did see a marginal increase of 21.91 % from the previous quarter. Expenses ticked up slightly by 20.22 % quarter-on-quarter, aligning with the annual decline of -2.05 %. Operating profit, while down -52.59 % compared to last year, faced a quarter-on-quarter increase of 175 %, 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 -2.53 %, but an expansion of 1.39 % sequentially. Interest expenses surged remarkably by 0 % from the previous quarter, yet the year-over-year increase remains at a moderate 35.71 %. Depreciation costs fell by -66.67 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0 %. Profit before tax declined annually by -65.35 % but saw an increase from the preceding quarter by 1850 %.
Tax expenses as a percentage of profits increased slightly by 26.09 % compared to last year, with a more notable quarter-on-quarter increase of 54.66 %. Net profit fell by -74.26 % year-on-year but experienced a 2700 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -97.38 % but a quarterly rise of 900 %. In summary, AMS POLYMERS 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. 23.068 Cr | Rs. 18.051 Cr | Rs. 22.006 Cr | + 21.91 % | -4.6 % |
| Expenses | Rs. 21.91 Cr | Rs. 17.85 Cr | Rs. 21.46 Cr | + 20.22 % | -2.05 % |
| Operating Profit | Rs. 1.16 Cr | Rs. 0.2 Cr | Rs. 0.55 Cr | + 175 % | -52.59 % |
| Net Profit | Rs. 1.01 Cr | Rs. -0.01 Cr | Rs. 0.26 Cr | + 2700 % | -74.26 % |
| EPS in Rs | Rs. 3.05 | Rs. -0.01 | Rs. 0.08 | + 900 % | -97.38 % |
In reviewing AMS POLYMERS LIMITED’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -4.6 % year-on-year, however, there was a minor increase of 21.91 % from the previous quarter. Expenses decreased by -2.05 % compared to the previous year, with a 20.22 % increase quarter-on-quarter. Operating Profit dropped by -52.59 % annually, and saw a 175 % increase from the last quarter.
Net Profit showed yearly decrease of -74.26 %, and experienced a 2700 % increase from the previous quarter. Earnings Per Share (EPS) fell by -97.38 % annually, however rose by 900 % compared to the last quarter. In essence, while AMS POLYMERS LIMITED 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.
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