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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 50.73 % in the past year, substantial increase in net sales/revenue by 30.6 %.
- 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 12.68 %. Marginal increase in other income during this quarter, up by 17.65%.
- Profit over the Year and quarter: Significant improvement in profitability for Arrow Greentech Limited. Notable increase of 116.31 % in net profit Year to Year, Arrow Greentech Limited’s profitability increased by 101.4 % in this quarter.
- EPS over the Year and quarter: EPS increased by 115.83 % Year to Year. EPS increased by 98.81 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 43.86 Cr | Rs. 50.62 Cr | Rs. 66.11 Cr | + 30.6 % | + 50.73 % |
| Expenses | Rs. 29.49 Cr | Rs. 35.01 Cr | Rs. 38.05 Cr | + 8.68 % | + 29.03 % |
| Operating Profit | Rs. 14.37 Cr | Rs. 15.61 Cr | Rs. 28.06 Cr | + 79.76 % | + 95.27 % |
| OPM % | 32.76 % | 30.84 % | 42.44 % | + 11.6 % | + 9.68 % |
| Other Income | Rs. 0.71 Cr | Rs. 0.68 Cr | Rs. 0.8 Cr | + 17.65 % | + 12.68 % |
| Interest | Rs. 0.09 Cr | Rs. 0.16 Cr | Rs. 0.03 Cr | -81.25 % | -66.67 % |
| Depreciation | Rs. 1.71 Cr | Rs. 2.05 Cr | Rs. 1.74 Cr | -15.12 % | + 1.75 % |
| Profit before tax | Rs. 13.28 Cr | Rs. 14.08 Cr | Rs. 27.09 Cr | + 92.4 % | + 103.99 % |
| Tax % | 29.82 % | 28.91 % | 25.58 % | -3.33 % | -4.24 % |
| Net Profit | Rs. 9.32 Cr | Rs. 10.01 Cr | Rs. 20.16 Cr | + 101.4 % | + 116.31 % |
| EPS in Rs | Rs. 6.19 | Rs. 6.72 | Rs. 13.36 | + 98.81 % | + 115.83 % |
Today, we’re looking at Arrow Greentech 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 50.73 %. However, it did see a marginal increase of 30.6 % from the previous quarter. Expenses ticked up slightly by 8.68 % quarter-on-quarter, aligning with the annual rise of 29.03 %. Operating profit, while up 95.27 % compared to last year, faced a quarter-on-quarter increase of 79.76 %, 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 9.68 %, but an expansion of 11.6 % sequentially. Other income rose by 17.65 % compared to the last quarter, despite an annual growth of 12.68 %. Interest expenses dropped significantly by -81.25 % from the previous quarter, yet the year-over-year decrease remains at a moderate -66.67 %. Depreciation costs fell by -15.12 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 1.75 %. Profit before tax grew annually by 103.99 % but saw an increase from the preceding quarter by 92.4 %.
Tax expenses as a percentage of profits decreased slightly by -4.24 % compared to last year, with a more notable quarter-on-quarter decrease of -3.33 %. Net profit rose by 116.31 % year-on-year but experienced a 101.4 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 115.83 % but a quarterly rise of 98.81 %. In summary, Arrow Greentech 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. 43.86 Cr | Rs. 50.62 Cr | Rs. 66.11 Cr | + 30.6 % | + 50.73 % |
| Expenses | Rs. 29.49 Cr | Rs. 35.01 Cr | Rs. 38.05 Cr | + 8.68 % | + 29.03 % |
| Operating Profit | Rs. 14.37 Cr | Rs. 15.61 Cr | Rs. 28.06 Cr | + 79.76 % | + 95.27 % |
| Net Profit | Rs. 9.32 Cr | Rs. 10.01 Cr | Rs. 20.16 Cr | + 101.4 % | + 116.31 % |
| EPS in Rs | Rs. 6.19 | Rs. 6.72 | Rs. 13.36 | + 98.81 % | + 115.83 % |
In reviewing Arrow Greentech Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 50.73 % year-on-year growth, however, there was a minor increase of 30.6 % from the previous quarter. Expenses rose by 29.03 % compared to the previous year, with a 8.68 % increase quarter-on-quarter. Operating Profit surged by 95.27 % annually, and saw a 79.76 % increase from the last quarter.
Net Profit showed yearly increase of 116.31 %, and experienced a 101.4 % increase from the previous quarter. Earnings Per Share (EPS) rose by 115.83 % annually, however rose by 98.81 % compared to the last quarter. In essence, while Arrow Greentech 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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