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Highlights
- Sales over the Year and quarter: The company’s sales declined by -9.93 % over the year, substantial increase in net sales/revenue by 18.51 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -86.21 %, Marginal decrease of -57.45% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Arfin India Limited. Profit dropped by -15.9 % Year to Year, Arfin India Limited’s profitability increased by 9.66 % in this quarter.
- EPS over the Year and quarter: EPS declined by -12.50 % Year to Year. EPS increased by 7.69 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 151.888 Cr | Rs. 115.437 Cr | Rs. 136.8 Cr | + 18.51 % | -9.93 % |
Expenses | Rs. 145.08 Cr | Rs. 108.18 Cr | Rs. 128.53 Cr | + 18.81 % | -11.41 % |
Operating Profit | Rs. 6.81 Cr | Rs. 7.26 Cr | Rs. 8.27 Cr | + 13.91 % | + 21.44 % |
OPM % | 4.48 % | 6.29 % | 6.05 % | -0.24 % | + 1.57 % |
Other Income | Rs. 1.45 Cr | Rs. 0.47 Cr | Rs. 0.2 Cr | -57.45 % | -86.21 % |
Interest | Rs. 4.34 Cr | Rs. 4.66 Cr | Rs. 5.36 Cr | + 15.02 % | + 23.5 % |
Depreciation | Rs. 0.88 Cr | Rs. 0.93 Cr | Rs. 1.09 Cr | + 17.2 % | + 23.86 % |
Profit before tax | Rs. 3.04 Cr | Rs. 2.14 Cr | Rs. 2.02 Cr | -5.61 % | -33.55 % |
Tax % | 14.93 % | 6.93 % | 7.55 % | + 0.62 % | -7.38 % |
Net Profit | Rs. 2.59 Cr | Rs. 1.99 Cr | Rs. 2.18 Cr | + 9.55 % | -15.83 % |
EPS in Rs | Rs. 0.16 | Rs. 0.13 | Rs. 0.14 | + 7.69 % | -12.5 % |
Today, we’re looking at Arfin India Limited’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -9.93 %. However, it did see a marginal increase of 18.51 % from the previous quarter. Expenses ticked up slightly by 18.81 % quarter-on-quarter, aligning with the annual decline of -11.41 %. Operating profit, while up 21.44 % compared to last year, faced a quarter-on-quarter increase of 13.91 %, 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 1.57 %, but a shrinkage of -0.24 % sequentially. Other income fell by -57.45 % compared to the last quarter, despite an annual decline of -86.21 %. Interest expenses surged remarkably by 15.02 % from the previous quarter, yet the year-over-year increase remains at a moderate 23.5 %. Depreciation costs climbed by 17.2 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 23.86 %. Profit before tax declined annually by -33.55 % but saw a reduction from the preceding quarter by -5.61 %.
Tax expenses as a percentage of profits decreased slightly by -7.38 % compared to last year, with a more notable quarter-on-quarter increase of 0.62 %. Net profit fell by -15.83 % year-on-year but experienced a 9.55 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -12.5 % but a quarterly rise of 7.69 %. In summary, Arfin 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. 151.888 Cr | Rs. 115.437 Cr | Rs. 136.8 Cr | + 18.51 % | -9.93 % |
Expenses | Rs. 145.08 Cr | Rs. 108.18 Cr | Rs. 128.53 Cr | + 18.81 % | -11.41 % |
Operating Profit | Rs. 6.81 Cr | Rs. 7.26 Cr | Rs. 8.27 Cr | + 13.91 % | + 21.44 % |
Net Profit | Rs. 2.59 Cr | Rs. 1.99 Cr | Rs. 2.18 Cr | + 9.55 % | -15.83 % |
EPS in Rs | Rs. 0.16 | Rs. 0.13 | Rs. 0.14 | + 7.69 % | -12.5 % |
In reviewing Arfin India Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -9.93 % year-on-year, however, there was a minor increase of 18.51 % from the previous quarter. Expenses decreased by -11.41 % compared to the previous year, with a 18.81 % increase quarter-on-quarter. Operating Profit surged by 21.44 % annually, and saw a 13.91 % increase from the last quarter.
Net Profit showed yearly decrease of -15.83 %, and experienced a 9.55 % increase from the previous quarter. Earnings Per Share (EPS) fell by -12.5 % annually, however rose by 7.69 % compared to the last quarter. In essence, while Arfin India 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.