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Ashirwad Capital ‘s Q2 Update: Profit Falls by 6.98% Year-on-Year

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Highlights

  • The presented financial data is Standalone to provide a comprehensive overview of the company performance.
  • Sales over the Year and quarter: The company’s sales declined by -8.58 % over the year, substantial increase in net sales/revenue by 10.66 %.
  • 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 53.85 %. Marginal increase in other income during this quarter, up by 88.68%.
  • Profit over the Year and quarter: Challenges in sustaining profitability for Ashirwad Capital Ltd.,. Profit dropped by -5.62 % Year to Year, Ashirwad Capital Ltd.,’s profitability increased by 25.94 % in this quarter.
  • EPS over the Year and quarter: EPS declined by -42.86 % Year to Year. EPS increased by 0 % in previous quarter. Positive impact on shareholders.

The comprehensive analytics outlining the performance and outlook of Ashirwad Capital Ltd.,‘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. 0.443 Cr Rs. 0.366 Cr Rs. 0.405 Cr + 10.66 % -8.58 %
Expenses Rs. 0.02 Cr Rs. 0.05 Cr Rs. 0.04 Cr -20 % + 100 %
Operating Profit Rs. 0.42 Cr Rs. 0.32 Cr Rs. 0.37 Cr + 15.63 % -11.9 %
OPM % 94.81 % 87.43 % 91.36 % + 3.93 % -3.45 %
Other Income Rs. 0.065 Cr Rs. 0.053 Cr Rs. 0.1 Cr + 88.68 % + 53.85 %
Interest Rs. 0 Cr Rs. 0 Cr Rs. 0 Cr 0 % 0 %
Depreciation Rs. 0 Cr Rs. 0 Cr Rs. 0 Cr 0 % 0 %
Profit before tax Rs. 0.49 Cr Rs. 0.37 Cr Rs. 0.47 Cr + 27.03 % -4.08 %
Tax % 11.41 % 12.09 % 13.12 % + 1.03 % + 1.71 %
Net Profit Rs. 0.43 Cr Rs. 0.32 Cr Rs. 0.4 Cr + 25 % -6.98 %
EPS in Rs Rs. 0.07 Rs. 0.04 Rs. 0.04 + 0 % -42.86 %


Today, we’re looking at Ashirwad Capital Ltd.,’s financial performance for the Q2(Sep 2024-25).Starting with the top line, the company reported a significant year-over-year sales decline of -8.58 %. However, it did see a marginal increase of 10.66 % from the previous quarter. Expenses decreased slightly by -20 % quarter-on-quarter, aligning with the annual rise of 100 %. Operating profit, while down -11.9 % compared to last year, faced a quarter-on-quarter increase of 15.63 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -3.45 %, but an expansion of 3.93 % sequentially. Other income rose by 88.68 % compared to the last quarter, despite an annual growth of 53.85 %. Profit before tax declined annually by -4.08 % but saw an increase from the preceding quarter by 27.03 %.
Tax expenses as a percentage of profits increased slightly by 1.71 % compared to last year, with a more notable quarter-on-quarter increase of 1.03 %. Net profit fell by -6.98 % year-on-year but experienced a 25 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -42.86 % but a quarterly rise of 0 %. In summary, Ashirwad Capital 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. 0.443 Cr Rs. 0.366 Cr Rs. 0.405 Cr + 10.66 % -8.58 %
Expenses Rs. 0.02 Cr Rs. 0.05 Cr Rs. 0.04 Cr -20 % + 100 %
Operating Profit Rs. 0.42 Cr Rs. 0.32 Cr Rs. 0.37 Cr + 15.63 % -11.9 %
Net Profit Rs. 0.43 Cr Rs. 0.32 Cr Rs. 0.4 Cr + 25 % -6.98 %
EPS in Rs Rs. 0.07 Rs. 0.04 Rs. 0.04 + 0 % -42.86 %


In reviewing Ashirwad Capital Ltd.,’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -8.58 % year-on-year, however, there was a minor increase of 10.66 % from the previous quarter. Expenses rose by 100 % compared to the previous year, with a decrease of -20 % quarter-on-quarter. Operating Profit dropped by -11.9 % annually, and saw a 15.63 % increase from the last quarter.
Net Profit showed yearly decrease of -6.98 %, and experienced a 25 % increase from the previous quarter. Earnings Per Share (EPS) fell by -42.86 % annually, however rose by 0 % compared to the last quarter. In essence, while Ashirwad Capital Ltd., faces strong annual decline 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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