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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 23.36 % in the past year, substantial increase in net sales/revenue by 0.86 %.
- Income over the Year and quarter: Marginal decrease of -98.59% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Arman Financial Services Limited. Profit dropped by -21.62 % Year to Year, Arman Financial Services Limited’s profitability dropped by -38.4 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -36.47 % Year to Year. EPS decreased by -42.79 % 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. 149.508 Cr | Rs. 182.852 Cr | Rs. 184.426 Cr | + 0.86 % | + 23.36 % |
Expenses | Rs. 35.41 Cr | Rs. 54.97 Cr | Rs. 77.63 Cr | + 41.22 % | + 119.23 % |
Operating Profit | Rs. 114.1 Cr | Rs. 127.88 Cr | Rs. 106.8 Cr | -16.48 % | -6.4 % |
OPM % | 76.32 % | 69.94 % | 57.91 % | -12.03 % | -18.41 % |
Other Income | Rs. 0 Cr | Rs. 0.071 Cr | Rs. 0.001 Cr | -98.59 % | 0 % |
Interest | Rs. 63.97 Cr | Rs. 62.95 Cr | Rs. 65.37 Cr | + 3.84 % | + 2.19 % |
Depreciation | Rs. 0.32 Cr | Rs. 0.38 Cr | Rs. 0.42 Cr | + 10.53 % | + 31.25 % |
Profit before tax | Rs. 49.81 Cr | Rs. 64.62 Cr | Rs. 41.01 Cr | -36.54 % | -17.67 % |
Tax % | 19.8 % | 21.36 % | 23.67 % | + 2.31 % | + 3.87 % |
Net Profit | Rs. 39.94 Cr | Rs. 50.82 Cr | Rs. 31.3 Cr | -38.41 % | -21.63 % |
EPS in Rs | Rs. 43.68 | Rs. 52.23 | Rs. 29.6 | -43.33 % | -32.23 % |
Today, we’re looking at Arman Financial Services 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 23.36 %. However, it did see a marginal increase of 0.86 % from the previous quarter. Expenses ticked up slightly by 41.22 % quarter-on-quarter, aligning with the annual rise of 119.23 %. Operating profit, while down -6.4 % compared to last year, faced a quarter-on-quarter dip of -16.48 %, 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 -18.41 %, but a shrinkage of -12.03 % sequentially. Other income fell by -98.59 % compared to the last quarter, Interest expenses surged remarkably by 3.84 % from the previous quarter, yet the year-over-year increase remains at a moderate 2.19 %. Depreciation costs climbed by 10.53 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 31.25 %. Profit before tax declined annually by -17.67 % but saw a reduction from the preceding quarter by -36.54 %.
Tax expenses as a percentage of profits increased slightly by 3.87 % compared to last year, with a more notable quarter-on-quarter increase of 2.31 %. Net profit fell by -21.63 % year-on-year but witnessed a -38.41 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -32.23 % but a quarterly fall of -43.33 %. In summary, Arman Financial Services 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. 149.508 Cr | Rs. 182.852 Cr | Rs. 184.426 Cr | + 0.86 % | + 23.36 % |
Expenses | Rs. 35.41 Cr | Rs. 54.97 Cr | Rs. 77.63 Cr | + 41.22 % | + 119.23 % |
Operating Profit | Rs. 114.1 Cr | Rs. 127.88 Cr | Rs. 106.8 Cr | -16.48 % | -6.4 % |
Net Profit | Rs. 39.94 Cr | Rs. 50.82 Cr | Rs. 31.3 Cr | -38.41 % | -21.63 % |
EPS in Rs | Rs. 43.68 | Rs. 52.23 | Rs. 29.6 | -43.33 % | -32.23 % |
In reviewing Arman Financial Services Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 23.36 % year-on-year growth, however, there was a minor increase of 0.86 % from the previous quarter. Expenses rose by 119.23 % compared to the previous year, with a 41.22 % increase quarter-on-quarter. Operating Profit dropped by -6.4 % annually, and saw a -16.48 % decrease from the last quarter.
Net Profit showed yearly decrease of -21.63 %, and experienced a -38.41 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -32.23 % annually, however dipped by -43.33 % compared to the last quarter. In essence, while Arman Financial Services 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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