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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 29.22 % in the past year, substantial increase in net sales/revenue by 5.44 %.
- 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 4.96 %. Marginal decrease of -41.65% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Aptus Value Housing Finance India Limited. Notable increase of 20.73 % in net profit Year to Year, Aptus Value Housing Finance India Limited’s profitability increased by 4.7 % in this quarter.
- EPS over the Year and quarter: EPS increased by 20.28 % Year to Year. EPS increased by 4.56 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 305.631 Cr | Rs. 374.545 Cr | Rs. 394.937 Cr | + 5.44 % | + 29.22 % |
Expenses | Rs. 44.75 Cr | Rs. 65.28 Cr | Rs. 60.54 Cr | -7.26 % | + 35.28 % |
Operating Profit | Rs. 260.88 Cr | Rs. 309.27 Cr | Rs. 334.4 Cr | + 8.13 % | + 28.18 % |
OPM % | 85.36 % | 82.57 % | 84.67 % | + 2.1 % | -0.69 % |
Other Income | Rs. 9.235 Cr | Rs. 16.611 Cr | Rs. 9.693 Cr | -41.65 % | + 4.96 % |
Interest | Rs. 84.74 Cr | Rs. 108.52 Cr | Rs. 119.87 Cr | + 10.46 % | + 41.46 % |
Depreciation | Rs. 1.95 Cr | Rs. 2.33 Cr | Rs. 2.61 Cr | + 12.02 % | + 33.85 % |
Profit before tax | Rs. 183.43 Cr | Rs. 215.03 Cr | Rs. 221.61 Cr | + 3.06 % | + 20.81 % |
Tax % | 22.44 % | 23.72 % | 22.5 % | -1.22 % | + 0.06 % |
Net Profit | Rs. 142.26 Cr | Rs. 164.03 Cr | Rs. 171.75 Cr | + 4.71 % | + 20.73 % |
EPS in Rs | Rs. 2.85 | Rs. 3.27 | Rs. 3.42 | + 4.59 % | + 20 % |
Today, we’re looking at Aptus Value Housing Finance India 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 29.22 %. However, it did see a marginal increase of 5.44 % from the previous quarter. Expenses decreased slightly by -7.26 % quarter-on-quarter, aligning with the annual rise of 35.28 %. Operating profit, while up 28.18 % compared to last year, faced a quarter-on-quarter increase of 8.13 %, 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 -0.69 %, but an expansion of 2.1 % sequentially. Other income fell by -41.65 % compared to the last quarter, despite an annual growth of 4.96 %. Interest expenses surged remarkably by 10.46 % from the previous quarter, yet the year-over-year increase remains at a moderate 41.46 %. Depreciation costs climbed by 12.02 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 33.85 %. Profit before tax grew annually by 20.81 % but saw an increase from the preceding quarter by 3.06 %.
Tax expenses as a percentage of profits increased slightly by 0.06 % compared to last year, with a more notable quarter-on-quarter decrease of -1.22 %. Net profit rose by 20.73 % year-on-year but experienced a 4.71 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 20 % but a quarterly rise of 4.59 %. In summary, Aptus Value Housing Finance India 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. 305.631 Cr | Rs. 374.545 Cr | Rs. 394.937 Cr | + 5.44 % | + 29.22 % |
Expenses | Rs. 44.75 Cr | Rs. 65.28 Cr | Rs. 60.54 Cr | -7.26 % | + 35.28 % |
Operating Profit | Rs. 260.88 Cr | Rs. 309.27 Cr | Rs. 334.4 Cr | + 8.13 % | + 28.18 % |
Net Profit | Rs. 142.26 Cr | Rs. 164.03 Cr | Rs. 171.75 Cr | + 4.71 % | + 20.73 % |
EPS in Rs | Rs. 2.85 | Rs. 3.27 | Rs. 3.42 | + 4.59 % | + 20 % |
In reviewing Aptus Value Housing Finance India Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 29.22 % year-on-year growth, however, there was a minor increase of 5.44 % from the previous quarter. Expenses rose by 35.28 % compared to the previous year, with a decrease of -7.26 % quarter-on-quarter. Operating Profit surged by 28.18 % annually, and saw a 8.13 % increase from the last quarter.
Net Profit showed yearly increase of 20.73 %, and experienced a 4.71 % increase from the previous quarter. Earnings Per Share (EPS) rose by 20 % annually, however rose by 4.59 % compared to the last quarter. In essence, while Aptus Value Housing Finance India 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.
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