Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 11.28 % in the past year, substantial increase in net sales/revenue by 8.28 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -17.57 %, Marginal increase in other income during this quarter, up by 3.04%.
- Profit over the Year and quarter: Significant improvement in profitability for Arvind Ltd.,. Notable increase of 47.2 % in net profit Year to Year, Arvind Ltd.,’s profitability dropped by -20.87 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 47.85 % Year to Year. EPS decreased by -20.75 % 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. 1707.08 Cr | Rs. 1754.24 Cr | Rs. 1899.57 Cr | + 8.28 % | + 11.28 % |
Expenses | Rs. 1540.69 Cr | Rs. 1557.88 Cr | Rs. 1692.77 Cr | + 8.66 % | + 9.87 % |
Operating Profit | Rs. 166.39 Cr | Rs. 196.36 Cr | Rs. 206.8 Cr | + 5.32 % | + 24.29 % |
OPM % | 9.75 % | 11.19 % | 10.89 % | -0.3 % | + 1.14 % |
Other Income | Rs. 13.15 Cr | Rs. 10.52 Cr | Rs. 10.84 Cr | + 3.04 % | -17.57 % |
Interest | Rs. 36.5 Cr | Rs. 36.42 Cr | Rs. 43.46 Cr | + 19.33 % | + 19.07 % |
Depreciation | Rs. 54.02 Cr | Rs. 50.95 Cr | Rs. 51.91 Cr | + 1.88 % | -3.91 % |
Profit before tax | Rs. 89.02 Cr | Rs. 119.51 Cr | Rs. 122.27 Cr | + 2.31 % | + 37.35 % |
Tax % | 17.79 % | 23.71 % | 28.41 % | + 4.7 % | + 10.62 % |
Net Profit | Rs. 48.81 Cr | Rs. 90.8 Cr | Rs. 71.85 Cr | -20.87 % | + 47.2 % |
EPS in Rs | Rs. 1.86 | Rs. 3.47 | Rs. 2.75 | -20.75 % | + 47.85 % |
Today, we’re looking at Arvind 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 11.28 %. However, it did see a marginal increase of 8.28 % from the previous quarter. Expenses ticked up slightly by 8.66 % quarter-on-quarter, aligning with the annual rise of 9.87 %. Operating profit, while up 24.29 % compared to last year, faced a quarter-on-quarter increase of 5.32 %, 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 1.14 %, but a shrinkage of -0.3 % sequentially. Other income rose by 3.04 % compared to the last quarter, despite an annual decline of -17.57 %. Interest expenses surged remarkably by 19.33 % from the previous quarter, yet the year-over-year increase remains at a moderate 19.07 %. Depreciation costs climbed by 1.88 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -3.91 %. Profit before tax grew annually by 37.35 % but saw an increase from the preceding quarter by 2.31 %.
Tax expenses as a percentage of profits increased slightly by 10.62 % compared to last year, with a more notable quarter-on-quarter increase of 4.7 %. Net profit rose by 47.2 % year-on-year but witnessed a -20.87 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 47.85 % but a quarterly fall of -20.75 %. In summary, Arvind 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. 1707.08 Cr | Rs. 1754.24 Cr | Rs. 1899.57 Cr | + 8.28 % | + 11.28 % |
Expenses | Rs. 1540.69 Cr | Rs. 1557.88 Cr | Rs. 1692.77 Cr | + 8.66 % | + 9.87 % |
Operating Profit | Rs. 166.39 Cr | Rs. 196.36 Cr | Rs. 206.8 Cr | + 5.32 % | + 24.29 % |
Net Profit | Rs. 48.81 Cr | Rs. 90.8 Cr | Rs. 71.85 Cr | -20.87 % | + 47.2 % |
EPS in Rs | Rs. 1.86 | Rs. 3.47 | Rs. 2.75 | -20.75 % | + 47.85 % |
In reviewing Arvind Ltd.,’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 11.28 % year-on-year growth, however, there was a minor increase of 8.28 % from the previous quarter. Expenses rose by 9.87 % compared to the previous year, with a 8.66 % increase quarter-on-quarter. Operating Profit surged by 24.29 % annually, and saw a 5.32 % increase from the last quarter.
Net Profit showed yearly increase of 47.2 %, and experienced a -20.87 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 47.85 % annually, however dipped by -20.75 % compared to the last quarter. In essence, while Arvind Ltd., exhibits strong annual growth indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.