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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 26.76 % in the past year, substantial increase in net sales/revenue by 48.27 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is %, Marginal increase in other income during this quarter, up by 75.51%.
- Profit over the Year and quarter: Significant improvement in profitability for Apollo Micro Systems Limited. Notable increase of 79.32 % in net profit Year to Year, Apollo Micro Systems Limited’s profitability increased by 29.78 % in this quarter.
- EPS over the Year and quarter:
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 106.846 Cr | Rs. 91.343 Cr | Rs. 135.437 Cr | + 48.27 % | + 26.76 % |
Expenses | Rs. 83.96 Cr | Rs. 67.33 Cr | Rs. 106.69 Cr | + 58.46 % | + 27.07 % |
Operating Profit | Rs. 22.89 Cr | Rs. 24.01 Cr | Rs. 28.75 Cr | + 19.74 % | + 25.6 % |
OPM % | 21.42 % | 26.29 % | 21.23 % | -5.06 % | -0.19 % |
Other Income | Rs. 0 Cr | Rs. 0.49 Cr | Rs. 0.86 Cr | + 75.51 % | 0 % |
Interest | Rs. 7.5 Cr | Rs. 7.3 Cr | Rs. 8.3 Cr | + 13.7 % | + 10.67 % |
Depreciation | Rs. 2.64 Cr | Rs. 2.84 Cr | Rs. 3.14 Cr | + 10.56 % | + 18.94 % |
Profit before tax | Rs. 12.75 Cr | Rs. 14.36 Cr | Rs. 18.17 Cr | + 26.53 % | + 42.51 % |
Tax % | 36.34 % | 30.68 % | 28.81 % | -1.87 % | -7.53 % |
Net Profit | Rs. 7.21 Cr | Rs. 9.96 Cr | Rs. 12.93 Cr | + 29.82 % | + 79.33 % |
EPS in Rs | Rs. 3.63 | Rs. 0.37 | Rs. 0 | 0 % | 0 % |
Today, we’re looking at Apollo Micro Systems Limited’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 26.76 %. However, it did see a marginal increase of 48.27 % from the previous quarter. Expenses ticked up slightly by 58.46 % quarter-on-quarter, aligning with the annual rise of 27.07 %. Operating profit, while up 25.6 % compared to last year, faced a quarter-on-quarter increase of 19.74 %, 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 -0.19 %, but a shrinkage of -5.06 % sequentially. Other income rose by 75.51 % compared to the last quarter, Interest expenses surged remarkably by 13.7 % from the previous quarter, yet the year-over-year increase remains at a moderate 10.67 %. Depreciation costs climbed by 10.56 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 18.94 %. Profit before tax grew annually by 42.51 % but saw an increase from the preceding quarter by 26.53 %.
Tax expenses as a percentage of profits decreased slightly by -7.53 % compared to last year, with a more notable quarter-on-quarter decrease of -1.87 %. Net profit rose by 79.33 % year-on-year but experienced a 29.82 % expansion from the last quarter. 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. 106.846 Cr | Rs. 91.343 Cr | Rs. 135.437 Cr | + 48.27 % | + 26.76 % |
Expenses | Rs. 83.96 Cr | Rs. 67.33 Cr | Rs. 106.69 Cr | + 58.46 % | + 27.07 % |
Operating Profit | Rs. 22.89 Cr | Rs. 24.01 Cr | Rs. 28.75 Cr | + 19.74 % | + 25.6 % |
Net Profit | Rs. 7.21 Cr | Rs. 9.96 Cr | Rs. 12.93 Cr | + 29.82 % | + 79.33 % |
EPS in Rs | Rs. 3.63 | Rs. 0.37 | Rs. 0 | 0 % | 0 % |
In reviewing Apollo Micro Systems Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 26.76 % year-on-year growth, however, there was a minor increase of 48.27 % from the previous quarter. Expenses rose by 27.07 % compared to the previous year, with a 58.46 % increase quarter-on-quarter. Operating Profit surged by 25.6 % annually, and saw a 19.74 % increase from the last quarter.
Net Profit showed yearly increase of 79.33 %, and experienced a 29.82 % increase from the previous quarter. In essence, while Apollo Micro Systems Limited exhibits strong annual growth 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.