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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’s sales declined by -25.57 % over the year, decrease in net sales/revenue by -26.67 %.
- Profit over the Year and quarter: Significant improvement in profitability for Anjani Portland Cement Limited. Notable increase of 40.92 % in net profit Year to Year, Anjani Portland Cement Limited’s profitability increased by 318.42 % in this quarter.
- EPS over the Year and quarter: EPS increased by 41.27 % Year to Year. EPS increased by 331.33 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 155.55 Cr | Rs. 157.88 Cr | Rs. 115.78 Cr | -26.67 % | -25.57 % |
| Expenses | Rs. 151.95 Cr | Rs. 147.63 Cr | Rs. 117.78 Cr | -20.22 % | -22.49 % |
| Operating Profit | Rs. 3.6 Cr | Rs. 10.25 Cr | Rs. -2 Cr | -119.51 % | -155.56 % |
| OPM % | 2.31 % | 6.49 % | -1.73 % | -8.22 % | -4.04 % |
| Other Income | Rs. 0.58 Cr | Rs. 0 Cr | Rs. 0.23 Cr | 0 % | -60.34 % |
| Interest | Rs. 8.02 Cr | Rs. 7.93 Cr | Rs. 8.11 Cr | + 2.27 % | + 1.12 % |
| Depreciation | Rs. 11.26 Cr | Rs. 12.34 Cr | Rs. 11.43 Cr | -7.37 % | + 1.51 % |
| Profit before tax | Rs. -15.1 Cr | Rs. -10.02 Cr | Rs. -21.31 Cr | -112.67 % | -41.13 % |
| Tax % | -10.33 % | -54.49 % | -10.46 % | + 44.03 % | -0.13 % |
| Net Profit | Rs. -13.54 Cr | Rs. -4.56 Cr | Rs. -19.08 Cr | -318.42 % | -40.92 % |
| EPS in Rs | Rs. -4.58 | Rs. -1.5 | Rs. -6.47 | -331.33 % | -41.27 % |
Today, we’re looking at Anjani Portland Cement 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 -25.57 %. However, it did see a marginal slip of -26.67 % from the previous quarter. Expenses decreased slightly by -20.22 % quarter-on-quarter, aligning with the annual decline of -22.49 %. Operating profit, while down -155.56 % compared to last year, faced a quarter-on-quarter dip of -119.51 %, 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 -4.04 %, but a shrinkage of -8.22 % sequentially. despite an annual decline of -60.34 %. Interest expenses surged remarkably by 2.27 % from the previous quarter, yet the year-over-year increase remains at a moderate 1.12 %. Depreciation costs fell by -7.37 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 1.51 %. Profit before tax declined annually by -41.13 % but saw a reduction from the preceding quarter by -112.67 %.
Tax expenses as a percentage of profits decreased slightly by -0.13 % compared to last year, with a more notable quarter-on-quarter increase of 44.03 %. Net profit fell by -40.92 % year-on-year but witnessed a -318.42 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -41.27 % but a quarterly fall of -331.33 %. In summary, Anjani Portland Cement 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. 155.55 Cr | Rs. 157.88 Cr | Rs. 115.78 Cr | -26.67 % | -25.57 % |
| Expenses | Rs. 151.95 Cr | Rs. 147.63 Cr | Rs. 117.78 Cr | -20.22 % | -22.49 % |
| Operating Profit | Rs. 3.6 Cr | Rs. 10.25 Cr | Rs. -2 Cr | -119.51 % | -155.56 % |
| Net Profit | Rs. -13.54 Cr | Rs. -4.56 Cr | Rs. -19.08 Cr | -318.42 % | -40.92 % |
| EPS in Rs | Rs. -4.58 | Rs. -1.5 | Rs. -6.47 | -331.33 % | -41.27 % |
In reviewing Anjani Portland Cement Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -25.57 % year-on-year, although there was a slight dip of -26.67 % from the previous quarter. Expenses decreased by -22.49 % compared to the previous year, with a decrease of -20.22 % quarter-on-quarter. Operating Profit dropped by -155.56 % annually, and saw a -119.51 % decrease from the last quarter.
Net Profit showed yearly decrease of -40.92 %, and experienced a -318.42 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -41.27 % annually, however dipped by -331.33 % compared to the last quarter. In essence, while Anjani Portland Cement Limited faces strong annual decline 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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