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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 -4.74 % over the year, substantial increase in net sales/revenue by 18.51 %.
- 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 130.77 %. Marginal increase in other income during this quarter, up by 33.33%.
- Profit over the Year and quarter: Challenges in sustaining profitability for APM Industries Ltd.,. Profit dropped by -219.51 % Year to Year, APM Industries Ltd.,’s profitability dropped by -227.27 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -218.42 % Year to Year. EPS decreased by -225 % 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. 77.78 Cr | Rs. 62.52 Cr | Rs. 74.09 Cr | + 18.51 % | -4.74 % |
Expenses | Rs. 74.4 Cr | Rs. 61.4 Cr | Rs. 73.35 Cr | + 19.46 % | -1.41 % |
Operating Profit | Rs. 3.38 Cr | Rs. 1.12 Cr | Rs. 0.74 Cr | -33.93 % | -78.11 % |
OPM % | 4.35 % | 1.79 % | 1 % | -0.79 % | -3.35 % |
Other Income | Rs. 0.26 Cr | Rs. 0.45 Cr | Rs. 0.6 Cr | + 33.33 % | + 130.77 % |
Interest | Rs. 0.57 Cr | Rs. 0.68 Cr | Rs. 0.74 Cr | + 8.82 % | + 29.82 % |
Depreciation | Rs. 1.88 Cr | Rs. 1.93 Cr | Rs. 1.95 Cr | + 1.04 % | + 3.72 % |
Profit before tax | Rs. 1.19 Cr | Rs. -1.04 Cr | Rs. -1.35 Cr | -29.81 % | -213.45 % |
Tax % | 31.09 % | -174.04 % | -27.41 % | + 146.63 % | -58.5 % |
Net Profit | Rs. 0.82 Cr | Rs. 0.77 Cr | Rs. -0.98 Cr | -227.27 % | -219.51 % |
EPS in Rs | Rs. 0.38 | Rs. 0.36 | Rs. -0.45 | -225 % | -218.42 % |
Today, we’re looking at APM Industries Ltd.,’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -4.74 %. However, it did see a marginal increase of 18.51 % from the previous quarter. Expenses ticked up slightly by 19.46 % quarter-on-quarter, aligning with the annual decline of -1.41 %. Operating profit, while down -78.11 % compared to last year, faced a quarter-on-quarter dip of -33.93 %, 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 -3.35 %, but a shrinkage of -0.79 % sequentially. Other income rose by 33.33 % compared to the last quarter, despite an annual growth of 130.77 %. Interest expenses surged remarkably by 8.82 % from the previous quarter, yet the year-over-year increase remains at a moderate 29.82 %. Depreciation costs climbed by 1.04 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 3.72 %. Profit before tax declined annually by -213.45 % but saw a reduction from the preceding quarter by -29.81 %.
Tax expenses as a percentage of profits decreased slightly by -58.5 % compared to last year, with a more notable quarter-on-quarter increase of 146.63 %. Net profit fell by -219.51 % year-on-year but witnessed a -227.27 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -218.42 % but a quarterly fall of -225 %. In summary, APM Industries 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. 77.78 Cr | Rs. 62.52 Cr | Rs. 74.09 Cr | + 18.51 % | -4.74 % |
Expenses | Rs. 74.4 Cr | Rs. 61.4 Cr | Rs. 73.35 Cr | + 19.46 % | -1.41 % |
Operating Profit | Rs. 3.38 Cr | Rs. 1.12 Cr | Rs. 0.74 Cr | -33.93 % | -78.11 % |
Net Profit | Rs. 0.82 Cr | Rs. 0.77 Cr | Rs. -0.98 Cr | -227.27 % | -219.51 % |
EPS in Rs | Rs. 0.38 | Rs. 0.36 | Rs. -0.45 | -225 % | -218.42 % |
In reviewing APM Industries Ltd.,’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -4.74 % year-on-year, however, there was a minor increase of 18.51 % from the previous quarter. Expenses decreased by -1.41 % compared to the previous year, with a 19.46 % increase quarter-on-quarter. Operating Profit dropped by -78.11 % annually, and saw a -33.93 % decrease from the last quarter.
Net Profit showed yearly decrease of -219.51 %, and experienced a -227.27 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -218.42 % annually, however dipped by -225 % compared to the last quarter. In essence, while APM Industries Ltd., 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.