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Ashnisha Industries ‘s Q2 Report: Revenue Falls by 66.59% YoY

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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’s sales declined by -66.59 % over the year, substantial increase in net sales/revenue by 65.07 %.
  • Income over the Year and quarter: There has been decline in other income over the past year which is -43.42 %, Marginal decrease of -74.58% in other income during this quarter.
  • Profit over the Year and quarter: Challenges in sustaining profitability for Ashnisha Industries Limited. Profit dropped by -96.68 % Year to Year, Ashnisha Industries Limited’s profitability dropped by -84.31 % Quarter to Quarter.
  • EPS over the Year and quarter: EPS decreased by -100 % in previous quarter. Analysis needed for shareholder value.

The comprehensive analytics outlining the performance and outlook of Ashnisha Industries 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. 2.065 Cr Rs. 0.418 Cr Rs. 0.69 Cr + 65.07 % -66.59 %
Expenses Rs. 2.17 Cr Rs. 1.32 Cr Rs. 0.82 Cr -37.88 % -62.21 %
Operating Profit Rs. -0.11 Cr Rs. -0.9 Cr Rs. -0.13 Cr + 85.56 % -18.18 %
OPM % -5.33 % -215.31 % -18.84 % + 196.47 % -13.51 %
Other Income Rs. 0.486 Cr Rs. 1.082 Cr Rs. 0.275 Cr -74.58 % -43.42 %
Interest Rs. 0 Cr Rs. 0 Cr Rs. 0 Cr 0 % 0 %
Depreciation Rs. 0.07 Cr Rs. 0.13 Cr Rs. 0.13 Cr + 0 % + 85.71 %
Profit before tax Rs. 0.31 Cr Rs. 0.05 Cr Rs. 0.02 Cr -60 % -93.55 %
Tax % 22.26 % 0 % 50 % + 50 % + 27.74 %
Net Profit Rs. 0.24 Cr Rs. 0.05 Cr Rs. 0.01 Cr -80 % -95.83 %
EPS in Rs Rs. 0.02 Rs. 0.01 Rs. 0 0 % 0 %


Today, we’re looking at Ashnisha Industries Limited’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 -66.59 %. However, it did see a marginal increase of 65.07 % from the previous quarter. Expenses decreased slightly by -37.88 % quarter-on-quarter, aligning with the annual decline of -62.21 %. Operating profit, while down -18.18 % compared to last year, faced a quarter-on-quarter increase of 85.56 %, 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 -13.51 %, but an expansion of 196.47 % sequentially. Other income fell by -74.58 % compared to the last quarter, despite an annual decline of -43.42 %. Depreciation costs climbed by 0 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 85.71 %. Profit before tax declined annually by -93.55 % but saw a reduction from the preceding quarter by -60 %.
Tax expenses as a percentage of profits increased slightly by 27.74 % compared to last year, with a more notable quarter-on-quarter increase of 50 %. Net profit fell by -95.83 % year-on-year but witnessed a -80 % contraction from the last quarter. In summary, Ashnisha Industries 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. 2.065 Cr Rs. 0.418 Cr Rs. 0.69 Cr + 65.07 % -66.59 %
Expenses Rs. 2.17 Cr Rs. 1.32 Cr Rs. 0.82 Cr -37.88 % -62.21 %
Operating Profit Rs. -0.11 Cr Rs. -0.9 Cr Rs. -0.13 Cr + 85.56 % -18.18 %
Net Profit Rs. 0.24 Cr Rs. 0.05 Cr Rs. 0.01 Cr -80 % -95.83 %
EPS in Rs Rs. 0.02 Rs. 0.01 Rs. 0 0 % 0 %


In reviewing Ashnisha Industries Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -66.59 % year-on-year, however, there was a minor increase of 65.07 % from the previous quarter. Expenses decreased by -62.21 % compared to the previous year, with a decrease of -37.88 % quarter-on-quarter. Operating Profit dropped by -18.18 % annually, and saw a 85.56 % increase from the last quarter.
Net Profit showed yearly decrease of -95.83 %, and experienced a -80 % decrease from the previous quarter. In essence, while Ashnisha Industries 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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