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Highlights
- Sales over the Year and quarter: The company’s sales declined by -29.88 % over the year, decrease in net sales/revenue by -7.9 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -73.53 %, Marginal decrease of -74.29% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Apt Packaging Ltd. Profit dropped by -42.71 % Year to Year, Apt Packaging Ltd’s profitability dropped by -138.73 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 52.38 % Year to Year. EPS decreased by -202.13 % 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. 4.488 Cr | Rs. 3.417 Cr | Rs. 3.147 Cr | -7.9 % | -29.88 % |
Expenses | Rs. 4.13 Cr | Rs. 3.59 Cr | Rs. 2.21 Cr | -38.44 % | -46.49 % |
Operating Profit | Rs. 0.36 Cr | Rs. -0.17 Cr | Rs. 0.94 Cr | + 652.94 % | + 161.11 % |
OPM % | 8.02 % | -4.98 % | 29.87 % | + 34.85 % | + 21.85 % |
Other Income | Rs. 0.34 Cr | Rs. 0.35 Cr | Rs. 0.09 Cr | -74.29 % | -73.53 % |
Interest | Rs. 0.35 Cr | Rs. 0.54 Cr | Rs. 0.85 Cr | + 57.41 % | + 142.86 % |
Depreciation | Rs. 0.07 Cr | Rs. 0.35 Cr | Rs. 0.02 Cr | -94.29 % | -71.43 % |
Profit before tax | Rs. 0.28 Cr | Rs. -0.71 Cr | Rs. 0.16 Cr | + 122.54 % | -42.86 % |
Tax % | 0 % | -0 % | 7.1 % | + 7.1 % | + 7.1 % |
Net Profit | Rs. 0.29 Cr | Rs. -0.43 Cr | Rs. 0.17 Cr | + 139.53 % | -41.38 % |
EPS in Rs | Rs. 0.63 | Rs. -0.94 | Rs. 0.96 | + 202.13 % | + 52.38 % |
Today, we’re looking at Apt Packaging Ltd’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -29.88 %. However, it did see a marginal slip of -7.9 % from the previous quarter. Expenses decreased slightly by -38.44 % quarter-on-quarter, aligning with the annual decline of -46.49 %. Operating profit, while up 161.11 % compared to last year, faced a quarter-on-quarter increase of 652.94 %, 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 21.85 %, but an expansion of 34.85 % sequentially. Other income fell by -74.29 % compared to the last quarter, despite an annual decline of -73.53 %. Interest expenses surged remarkably by 57.41 % from the previous quarter, yet the year-over-year increase remains at a moderate 142.86 %. Depreciation costs fell by -94.29 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -71.43 %. Profit before tax declined annually by -42.86 % but saw an increase from the preceding quarter by 122.54 %.
Tax expenses as a percentage of profits increased slightly by 7.1 % compared to last year, with a more notable quarter-on-quarter increase of 7.1 %. Net profit fell by -41.38 % year-on-year but experienced a 139.53 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 52.38 % but a quarterly rise of 202.13 %. In summary, Apt Packaging 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. 4.488 Cr | Rs. 3.417 Cr | Rs. 3.147 Cr | -7.9 % | -29.88 % |
Expenses | Rs. 4.13 Cr | Rs. 3.59 Cr | Rs. 2.21 Cr | -38.44 % | -46.49 % |
Operating Profit | Rs. 0.36 Cr | Rs. -0.17 Cr | Rs. 0.94 Cr | + 652.94 % | + 161.11 % |
Net Profit | Rs. 0.29 Cr | Rs. -0.43 Cr | Rs. 0.17 Cr | + 139.53 % | -41.38 % |
EPS in Rs | Rs. 0.63 | Rs. -0.94 | Rs. 0.96 | + 202.13 % | + 52.38 % |
In reviewing Apt Packaging Ltd’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -29.88 % year-on-year, although there was a slight dip of -7.9 % from the previous quarter. Expenses decreased by -46.49 % compared to the previous year, with a decrease of -38.44 % quarter-on-quarter. Operating Profit surged by 161.11 % annually, and saw a 652.94 % increase from the last quarter.
Net Profit showed yearly decrease of -41.38 %, and experienced a 139.53 % increase from the previous quarter. Earnings Per Share (EPS) rose by 52.38 % annually, however rose by 202.13 % compared to the last quarter. In essence, while Apt Packaging Ltd 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.