Share the post "Apcotex Industries announced Financial Results Q1 2024-25"
Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 21.21 % in the past year, substantial increase in net sales/revenue by 8.39 %.
- 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 2.82 %. Marginal decrease of -1.64% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Apcotex Industries Limited. Notable increase of 22.12 % in net profit Year to Year, Apcotex Industries Limited’s profitability dropped by -3.35 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 21.79 % Year to Year. EPS decreased by -3.39 % 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. 277.728 Cr | Rs. 310.582 Cr | Rs. 336.635 Cr | + 8.39 % | + 21.21 % |
Expenses | Rs. 252.23 Cr | Rs. 279.27 Cr | Rs. 304.88 Cr | + 9.17 % | + 20.87 % |
Operating Profit | Rs. 25.5 Cr | Rs. 31.31 Cr | Rs. 31.76 Cr | + 1.44 % | + 24.55 % |
OPM % | 9.18 % | 10.08 % | 9.43 % | -0.65 % | + 0.25 % |
Other Income | Rs. 1.989 Cr | Rs. 2.079 Cr | Rs. 2.045 Cr | -1.64 % | + 2.82 % |
Interest | Rs. 3.64 Cr | Rs. 3.86 Cr | Rs. 3.94 Cr | + 2.07 % | + 8.24 % |
Depreciation | Rs. 7.39 Cr | Rs. 8.12 Cr | Rs. 9.78 Cr | + 20.44 % | + 32.34 % |
Profit before tax | Rs. 16.46 Cr | Rs. 21.41 Cr | Rs. 20.09 Cr | -6.17 % | + 22.05 % |
Tax % | 26.37 % | 28.49 % | 26.31 % | -2.18 % | -0.06 % |
Net Profit | Rs. 12.12 Cr | Rs. 15.31 Cr | Rs. 14.8 Cr | -3.33 % | + 22.11 % |
EPS in Rs | Rs. 2.34 | Rs. 2.95 | Rs. 2.85 | -3.39 % | + 21.79 % |
Today, we’re looking at Apcotex Industries Limited’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 21.21 %. However, it did see a marginal increase of 8.39 % from the previous quarter. Expenses ticked up slightly by 9.17 % quarter-on-quarter, aligning with the annual rise of 20.87 %. Operating profit, while up 24.55 % compared to last year, faced a quarter-on-quarter increase of 1.44 %, 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 0.25 %, but a shrinkage of -0.65 % sequentially. Other income fell by -1.64 % compared to the last quarter, despite an annual growth of 2.82 %. Interest expenses surged remarkably by 2.07 % from the previous quarter, yet the year-over-year increase remains at a moderate 8.24 %. Depreciation costs climbed by 20.44 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 32.34 %. Profit before tax grew annually by 22.05 % but saw a reduction from the preceding quarter by -6.17 %.
Tax expenses as a percentage of profits decreased slightly by -0.06 % compared to last year, with a more notable quarter-on-quarter decrease of -2.18 %. Net profit rose by 22.11 % year-on-year but witnessed a -3.33 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 21.79 % but a quarterly fall of -3.39 %. In summary, Apcotex 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. 277.728 Cr | Rs. 310.582 Cr | Rs. 336.635 Cr | + 8.39 % | + 21.21 % |
Expenses | Rs. 252.23 Cr | Rs. 279.27 Cr | Rs. 304.88 Cr | + 9.17 % | + 20.87 % |
Operating Profit | Rs. 25.5 Cr | Rs. 31.31 Cr | Rs. 31.76 Cr | + 1.44 % | + 24.55 % |
Net Profit | Rs. 12.12 Cr | Rs. 15.31 Cr | Rs. 14.8 Cr | -3.33 % | + 22.11 % |
EPS in Rs | Rs. 2.34 | Rs. 2.95 | Rs. 2.85 | -3.39 % | + 21.79 % |
In reviewing Apcotex Industries Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 21.21 % year-on-year growth, however, there was a minor increase of 8.39 % from the previous quarter. Expenses rose by 20.87 % compared to the previous year, with a 9.17 % increase quarter-on-quarter. Operating Profit surged by 24.55 % annually, and saw a 1.44 % increase from the last quarter.
Net Profit showed yearly increase of 22.11 %, and experienced a -3.33 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 21.79 % annually, however dipped by -3.39 % compared to the last quarter. In essence, while Apcotex Industries Limited exhibits strong annual growth indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.
[my_shortcode1 values=”Apcotex Industries “]