Share the post "Aptech Ltd.’s Quarterly Result and Earnings Report for Q4(Mar 2024) : Sales decreased by 41.69 % in YoY and increased by 3.4 % in QoQ"
Highlights
- Sales over the Year and quarter: The company’s sales declined by -41.69 % over the year, substantial increase in net sales/revenue by 3.4 %.
- 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 52.65 %. Marginal increase in other income during this quarter, up by 30.97%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Aptech Ltd.. Profit dropped by -91.75 % Year to Year, Aptech Ltd.’s profitability dropped by -59.21 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -94.04 % Year to Year. EPS decreased by -58.62 % 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. 178.46 Cr | Rs. 100.644 Cr | Rs. 104.063 Cr | + 3.4 % | -41.69 % |
| Expenses | Rs. 143.49 Cr | Rs. 91.55 Cr | Rs. 99.29 Cr | + 8.45 % | -30.8 % |
| Operating Profit | Rs. 34.97 Cr | Rs. 9.09 Cr | Rs. 4.77 Cr | -47.52 % | -86.36 % |
| OPM % | 19.6 % | 9.03 % | 4.58 % | -4.45 % | -15.02 % |
| Other Income | Rs. 3.02 Cr | Rs. 3.52 Cr | Rs. 4.61 Cr | + 30.97 % | + 52.65 % |
| Interest | Rs. 0.13 Cr | Rs. 0.32 Cr | Rs. 0.33 Cr | + 3.13 % | + 153.85 % |
| Depreciation | Rs. 1.73 Cr | Rs. 2.12 Cr | Rs. 2.39 Cr | + 12.74 % | + 38.15 % |
| Profit before tax | Rs. 36.13 Cr | Rs. 10.17 Cr | Rs. 6.66 Cr | -34.51 % | -81.57 % |
| Tax % | 7.67 % | 25.8 % | 31.58 % | + 5.78 % | + 23.91 % |
| Net Profit | Rs. 33.36 Cr | Rs. 6.75 Cr | Rs. 2.75 Cr | -59.26 % | -91.76 % |
| EPS in Rs | Rs. 8.06 | Rs. 1.16 | Rs. 0.48 | -58.62 % | -94.04 % |
Today, we’re looking at Aptech 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 -41.69 %. However, it did see a marginal increase of 3.4 % from the previous quarter. Expenses ticked up slightly by 8.45 % quarter-on-quarter, aligning with the annual decline of -30.8 %. Operating profit, while down -86.36 % compared to last year, faced a quarter-on-quarter dip of -47.52 %, 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 -15.02 %, but a shrinkage of -4.45 % sequentially. Other income rose by 30.97 % compared to the last quarter, despite an annual growth of 52.65 %. Interest expenses surged remarkably by 3.13 % from the previous quarter, yet the year-over-year increase remains at a moderate 153.85 %. Depreciation costs climbed by 12.74 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 38.15 %. Profit before tax declined annually by -81.57 % but saw a reduction from the preceding quarter by -34.51 %.
Tax expenses as a percentage of profits increased slightly by 23.91 % compared to last year, with a more notable quarter-on-quarter increase of 5.78 %. Net profit fell by -91.76 % year-on-year but witnessed a -59.26 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -94.04 % but a quarterly fall of -58.62 %. In summary, Aptech 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. 178.46 Cr | Rs. 100.644 Cr | Rs. 104.063 Cr | + 3.4 % | -41.69 % |
| Expenses | Rs. 143.49 Cr | Rs. 91.55 Cr | Rs. 99.29 Cr | + 8.45 % | -30.8 % |
| Operating Profit | Rs. 34.97 Cr | Rs. 9.09 Cr | Rs. 4.77 Cr | -47.52 % | -86.36 % |
| Net Profit | Rs. 33.36 Cr | Rs. 6.75 Cr | Rs. 2.75 Cr | -59.26 % | -91.76 % |
| EPS in Rs | Rs. 8.06 | Rs. 1.16 | Rs. 0.48 | -58.62 % | -94.04 % |
In reviewing Aptech Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -41.69 % year-on-year, however, there was a minor increase of 3.4 % from the previous quarter. Expenses decreased by -30.8 % compared to the previous year, with a 8.45 % increase quarter-on-quarter. Operating Profit dropped by -86.36 % annually, and saw a -47.52 % decrease from the last quarter.
Net Profit showed yearly decrease of -91.76 %, and experienced a -59.26 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -94.04 % annually, however dipped by -58.62 % compared to the last quarter. In essence, while Aptech 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.
