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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 experienced a substantial growth of 58.09 % in the past year, decrease in net sales/revenue by -32.66 %.
- 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 161.43 %. Marginal decrease of -32.29% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Apollo Micro Systems Limited. Notable increase of 409.61 % in net profit Year to Year, Apollo Micro Systems Limited’s profitability dropped by -34.82 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 262.50 % Year to Year.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 57.691 Cr | Rs. 135.437 Cr | Rs. 91.202 Cr | -32.66 % | + 58.09 % |
Expenses | Rs. 44.94 Cr | Rs. 106.69 Cr | Rs. 68.84 Cr | -35.48 % | + 53.18 % |
Operating Profit | Rs. 12.75 Cr | Rs. 28.75 Cr | Rs. 22.36 Cr | -22.23 % | + 75.37 % |
OPM % | 22.1 % | 21.23 % | 24.52 % | + 3.29 % | + 2.42 % |
Other Income | Rs. 0.223 Cr | Rs. 0.861 Cr | Rs. 0.583 Cr | -32.29 % | + 161.43 % |
Interest | Rs. 7.53 Cr | Rs. 8.3 Cr | Rs. 7.6 Cr | -8.43 % | + 0.93 % |
Depreciation | Rs. 2.61 Cr | Rs. 3.14 Cr | Rs. 3.45 Cr | + 9.87 % | + 32.18 % |
Profit before tax | Rs. 2.83 Cr | Rs. 18.17 Cr | Rs. 11.89 Cr | -34.56 % | + 320.14 % |
Tax % | 41.58 % | 28.81 % | 29.15 % | + 0.34 % | -12.43 % |
Net Profit | Rs. 1.65 Cr | Rs. 12.93 Cr | Rs. 8.43 Cr | -34.8 % | + 410.91 % |
EPS in Rs | Rs. 0.08 | Rs. 0 | Rs. 0.29 | 0 % | + 262.5 % |
Today, we’re looking at Apollo Micro Systems 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 58.09 %. However, it did see a marginal slip of -32.66 % from the previous quarter. Expenses decreased slightly by -35.48 % quarter-on-quarter, aligning with the annual rise of 53.18 %. Operating profit, while up 75.37 % compared to last year, faced a quarter-on-quarter dip of -22.23 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 2.42 %, but an expansion of 3.29 % sequentially. Other income fell by -32.29 % compared to the last quarter, despite an annual growth of 161.43 %. Interest expenses dropped significantly by -8.43 % from the previous quarter, yet the year-over-year increase remains at a moderate 0.93 %. Depreciation costs climbed by 9.87 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 32.18 %. Profit before tax grew annually by 320.14 % but saw a reduction from the preceding quarter by -34.56 %.
Tax expenses as a percentage of profits decreased slightly by -12.43 % compared to last year, with a more notable quarter-on-quarter increase of 0.34 %. Net profit rose by 410.91 % year-on-year but witnessed a -34.8 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 262.5 % In summary, Apollo Micro Systems 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. 57.691 Cr | Rs. 135.437 Cr | Rs. 91.202 Cr | -32.66 % | + 58.09 % |
Expenses | Rs. 44.94 Cr | Rs. 106.69 Cr | Rs. 68.84 Cr | -35.48 % | + 53.18 % |
Operating Profit | Rs. 12.75 Cr | Rs. 28.75 Cr | Rs. 22.36 Cr | -22.23 % | + 75.37 % |
Net Profit | Rs. 1.65 Cr | Rs. 12.93 Cr | Rs. 8.43 Cr | -34.8 % | + 410.91 % |
EPS in Rs | Rs. 0.08 | Rs. 0 | Rs. 0.29 | 0 % | + 262.5 % |
In reviewing Apollo Micro Systems Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 58.09 % year-on-year growth, although there was a slight dip of -32.66 % from the previous quarter. Expenses rose by 53.18 % compared to the previous year, with a decrease of -35.48 % quarter-on-quarter. Operating Profit surged by 75.37 % annually, and saw a -22.23 % decrease from the last quarter.
Net Profit showed yearly increase of 410.91 %, and experienced a -34.8 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 262.5 % annually, In essence, while Apollo Micro Systems 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.
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