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Arvind Fashions : Q4 2024 Financial Quarterly Report : YoY Sales Down 4.05 %, QoQ Down 2.77 %

May 22, 2024May 22, 2024| adminadmin| 0 Comments| 12:10 pm
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Highlights

  • Sales over the Year and quarter: The company’s sales declined by -4.05 % over the year, decrease in net sales/revenue by -2.77 %.
  • Income over the Year and quarter: There has been decline in other income over the past year which is -7.78 %, Marginal decrease of -70.17% in other income during this quarter.
  • Profit over the Year and quarter: Significant improvement in profitability for Arvind Fashions Limited. Notable increase of 39.02 % in net profit Year to Year, Arvind Fashions Limited’s profitability dropped by -38.91 % Quarter to Quarter.
  • EPS over the Year and quarter: EPS increased by 120.48 % Year to Year. EPS decreased by -52.34 % in previous quarter. Analysis needed for shareholder value.

The comprehensive analytics outlining the performance and outlook of Arvind Fashions Limited”s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 1140.01 Cr Rs. 1125.054 Cr Rs. 1093.85 Cr -2.77 % -4.05 %
Expenses Rs. 1015.99 Cr Rs. 981.95 Cr Rs. 958.73 Cr -2.36 % -5.64 %
Operating Profit Rs. 124.02 Cr Rs. 143.1 Cr Rs. 135.12 Cr -5.58 % + 8.95 %
OPM % 10.88 % 12.72 % 12.35 % -0.37 % + 1.47 %
Other Income Rs. 13.5 Cr Rs. 41.73 Cr Rs. 12.45 Cr -70.17 % -7.78 %
Interest Rs. 39.09 Cr Rs. 38.27 Cr Rs. 35.44 Cr -7.39 % -9.34 %
Depreciation Rs. 63.71 Cr Rs. 61.5 Cr Rs. 59.09 Cr -3.92 % -7.25 %
Profit before tax Rs. 34.72 Cr Rs. 85.06 Cr Rs. 53.04 Cr -37.64 % + 52.76 %
Tax % 17.3 % 31.67 % 24.95 % -6.72 % + 7.65 %
Net Profit Rs. 28.54 Cr Rs. 64.94 Cr Rs. 39.67 Cr -38.91 % + 39 %
EPS in Rs Rs. 0.9 Rs. 1.22 Rs. 1.87 + 53.28 % + 107.78 %


Today, we’re looking at Arvind Fashions 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 -4.05 %. However, it did see a marginal slip of -2.77 % from the previous quarter. Expenses decreased slightly by -2.36 % quarter-on-quarter, aligning with the annual decline of -5.64 %. Operating profit, while up 8.95 % compared to last year, faced a quarter-on-quarter dip of -5.58 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 1.47 %, but a shrinkage of -0.37 % sequentially. Other income fell by -70.17 % compared to the last quarter, despite an annual decline of -7.78 %. Interest expenses dropped significantly by -7.39 % from the previous quarter, yet the year-over-year decrease remains at a moderate -9.34 %. Depreciation costs fell by -3.92 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -7.25 %. Profit before tax grew annually by 52.76 % but saw a reduction from the preceding quarter by -37.64 %.
Tax expenses as a percentage of profits increased slightly by 7.65 % compared to last year, with a more notable quarter-on-quarter decrease of -6.72 %. Net profit rose by 39 % year-on-year but witnessed a -38.91 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 107.78 % but a quarterly rise of 53.28 %. In summary, Arvind Fashions 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. 1140.01 Cr Rs. 1125.054 Cr Rs. 1093.85 Cr -2.77 % -4.05 %
Expenses Rs. 1015.99 Cr Rs. 981.95 Cr Rs. 958.73 Cr -2.36 % -5.64 %
Operating Profit Rs. 124.02 Cr Rs. 143.1 Cr Rs. 135.12 Cr -5.58 % + 8.95 %
Net Profit Rs. 28.54 Cr Rs. 64.94 Cr Rs. 39.67 Cr -38.91 % + 39 %
EPS in Rs Rs. 0.9 Rs. 1.22 Rs. 1.87 + 53.28 % + 107.78 %


In reviewing Arvind Fashions Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -4.05 % year-on-year, although there was a slight dip of -2.77 % from the previous quarter. Expenses decreased by -5.64 % compared to the previous year, with a decrease of -2.36 % quarter-on-quarter. Operating Profit surged by 8.95 % annually, and saw a -5.58 % decrease from the last quarter.
Net Profit showed yearly increase of 39 %, and experienced a -38.91 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 107.78 % annually, however rose by 53.28 % compared to the last quarter. In essence, while Arvind Fashions 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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