Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 5.51 % in the past year, substantial increase in net sales/revenue by 3.57 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -93.26 %, Marginal decrease of -28.21% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Archies Ltd.. Profit dropped by -452.35 % Year to Year, Archies Ltd.’s profitability dropped by -1429.48 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -454.17 % Year to Year. EPS decreased by -1442.11 % 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. 20.669 Cr | Rs. 21.056 Cr | Rs. 21.808 Cr | + 3.57 % | + 5.51 % |
Expenses | Rs. 23.95 Cr | Rs. 17.24 Cr | Rs. 27.64 Cr | + 60.32 % | + 15.41 % |
Operating Profit | Rs. -3.28 Cr | Rs. 3.82 Cr | Rs. -5.83 Cr | -252.62 % | -77.74 % |
OPM % | -15.87 % | 18.14 % | -26.73 % | -44.87 % | -10.86 % |
Other Income | Rs. 8.31 Cr | Rs. 0.78 Cr | Rs. 0.56 Cr | -28.21 % | -93.26 % |
Interest | Rs. 1.26 Cr | Rs. 1.29 Cr | Rs. 1.22 Cr | -5.43 % | -3.17 % |
Depreciation | Rs. 2.38 Cr | Rs. 2.32 Cr | Rs. 2.32 Cr | + 0 % | -2.52 % |
Profit before tax | Rs. 1.39 Cr | Rs. 0.99 Cr | Rs. -8.81 Cr | -989.9 % | -733.81 % |
Tax % | 75.02 % | 33.57 % | -2.21 % | -35.78 % | -77.23 % |
Net Profit | Rs. 2.45 Cr | Rs. 0.65 Cr | Rs. -8.62 Cr | -1426.15 % | -451.84 % |
EPS in Rs | Rs. 0.72 | Rs. 0.19 | Rs. -2.55 | -1442.11 % | -454.17 % |
Today, we’re looking at Archies Ltd.’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 5.51 %. However, it did see a marginal increase of 3.57 % from the previous quarter. Expenses ticked up slightly by 60.32 % quarter-on-quarter, aligning with the annual rise of 15.41 %. Operating profit, while down -77.74 % compared to last year, faced a quarter-on-quarter dip of -252.62 %, 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 -10.86 %, but a shrinkage of -44.87 % sequentially. Other income fell by -28.21 % compared to the last quarter, despite an annual decline of -93.26 %. Interest expenses dropped significantly by -5.43 % from the previous quarter, yet the year-over-year decrease remains at a moderate -3.17 %. Depreciation costs climbed by 0 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -2.52 %. Profit before tax declined annually by -733.81 % but saw a reduction from the preceding quarter by -989.9 %.
Tax expenses as a percentage of profits decreased slightly by -77.23 % compared to last year, with a more notable quarter-on-quarter decrease of -35.78 %. Net profit fell by -451.84 % year-on-year but witnessed a -1426.15 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -454.17 % but a quarterly fall of -1442.11 %. In summary, Archies 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. 20.669 Cr | Rs. 21.056 Cr | Rs. 21.808 Cr | + 3.57 % | + 5.51 % |
Expenses | Rs. 23.95 Cr | Rs. 17.24 Cr | Rs. 27.64 Cr | + 60.32 % | + 15.41 % |
Operating Profit | Rs. -3.28 Cr | Rs. 3.82 Cr | Rs. -5.83 Cr | -252.62 % | -77.74 % |
Net Profit | Rs. 2.45 Cr | Rs. 0.65 Cr | Rs. -8.62 Cr | -1426.15 % | -451.84 % |
EPS in Rs | Rs. 0.72 | Rs. 0.19 | Rs. -2.55 | -1442.11 % | -454.17 % |
In reviewing Archies Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 5.51 % year-on-year growth, however, there was a minor increase of 3.57 % from the previous quarter. Expenses rose by 15.41 % compared to the previous year, with a 60.32 % increase quarter-on-quarter. Operating Profit dropped by -77.74 % annually, and saw a -252.62 % decrease from the last quarter.
Net Profit showed yearly decrease of -451.84 %, and experienced a -1426.15 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -454.17 % annually, however dipped by -1442.11 % compared to the last quarter. In essence, while Archies 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.