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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 12.65 % in the past year, decrease in net sales/revenue by -6.76 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -27.27 %, Marginal decrease of -67.04% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Archidply Industries Limited. Profit dropped by -208.54 % Year to Year, Archidply Industries Limited’s profitability dropped by -677.19 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -208.62 % Year to Year. EPS decreased by -672.73 % 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. 100.473 Cr | Rs. 121.391 Cr | Rs. 113.18 Cr | -6.76 % | + 12.65 % |
| Expenses | Rs. 95.13 Cr | Rs. 115.26 Cr | Rs. 109.57 Cr | -4.94 % | + 15.18 % |
| Operating Profit | Rs. 5.34 Cr | Rs. 6.13 Cr | Rs. 3.61 Cr | -41.11 % | -32.4 % |
| OPM % | 5.31 % | 5.05 % | 3.19 % | -1.86 % | -2.12 % |
| Other Income | Rs. 0.363 Cr | Rs. 0.801 Cr | Rs. 0.264 Cr | -67.04 % | -27.27 % |
| Interest | Rs. 1.66 Cr | Rs. 2.1 Cr | Rs. 4.14 Cr | + 97.14 % | + 149.4 % |
| Depreciation | Rs. 0.93 Cr | Rs. 1.67 Cr | Rs. 2.82 Cr | + 68.86 % | + 203.23 % |
| Profit before tax | Rs. 3.11 Cr | Rs. 3.16 Cr | Rs. -3.09 Cr | -197.78 % | -199.36 % |
| Tax % | 25.98 % | 86.27 % | -18.85 % | -105.12 % | -44.83 % |
| Net Profit | Rs. 2.31 Cr | Rs. 0.43 Cr | Rs. -2.51 Cr | -683.72 % | -208.66 % |
| EPS in Rs | Rs. 1.16 | Rs. 0.22 | Rs. -1.26 | -672.73 % | -208.62 % |
Today, we’re looking at Archidply Industries 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 12.65 %. However, it did see a marginal slip of -6.76 % from the previous quarter. Expenses decreased slightly by -4.94 % quarter-on-quarter, aligning with the annual rise of 15.18 %. Operating profit, while down -32.4 % compared to last year, faced a quarter-on-quarter dip of -41.11 %, 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 -2.12 %, but a shrinkage of -1.86 % sequentially. Other income fell by -67.04 % compared to the last quarter, despite an annual decline of -27.27 %. Interest expenses surged remarkably by 97.14 % from the previous quarter, yet the year-over-year increase remains at a moderate 149.4 %. Depreciation costs climbed by 68.86 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 203.23 %. Profit before tax declined annually by -199.36 % but saw a reduction from the preceding quarter by -197.78 %.
Tax expenses as a percentage of profits decreased slightly by -44.83 % compared to last year, with a more notable quarter-on-quarter decrease of -105.12 %. Net profit fell by -208.66 % year-on-year but witnessed a -683.72 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -208.62 % but a quarterly fall of -672.73 %. In summary, Archidply Industries 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. 100.473 Cr | Rs. 121.391 Cr | Rs. 113.18 Cr | -6.76 % | + 12.65 % |
| Expenses | Rs. 95.13 Cr | Rs. 115.26 Cr | Rs. 109.57 Cr | -4.94 % | + 15.18 % |
| Operating Profit | Rs. 5.34 Cr | Rs. 6.13 Cr | Rs. 3.61 Cr | -41.11 % | -32.4 % |
| Net Profit | Rs. 2.31 Cr | Rs. 0.43 Cr | Rs. -2.51 Cr | -683.72 % | -208.66 % |
| EPS in Rs | Rs. 1.16 | Rs. 0.22 | Rs. -1.26 | -672.73 % | -208.62 % |
In reviewing Archidply Industries Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 12.65 % year-on-year growth, although there was a slight dip of -6.76 % from the previous quarter. Expenses rose by 15.18 % compared to the previous year, with a decrease of -4.94 % quarter-on-quarter. Operating Profit dropped by -32.4 % annually, and saw a -41.11 % decrease from the last quarter.
Net Profit showed yearly decrease of -208.66 %, and experienced a -683.72 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -208.62 % annually, however dipped by -672.73 % compared to the last quarter. In essence, while Archidply Industries Limited 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.
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