Share the post "Ashok Alco-Chem : Q4 2024 Financial Quarterly Report : YoY Sales Up 29.69 %, QoQ Up 12.93 %"
Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 29.69 % in the past year, substantial increase in net sales/revenue by 12.93 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -45.89 %, Marginal increase in other income during this quarter, up by 86.57%.
- Profit over the Year and quarter: Significant improvement in profitability for Ashok Alco-Chem Ltd.. Notable increase of 121.24 % in net profit Year to Year, Ashok Alco-Chem Ltd.’s profitability dropped by -727.85 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 121.48 % Year to Year. EPS decreased by -729.47 % 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. 7.774 Cr | Rs. 8.928 Cr | Rs. 10.082 Cr | + 12.93 % | + 29.69 % |
Expenses | Rs. 7.98 Cr | Rs. 8.59 Cr | Rs. 9.41 Cr | + 9.55 % | + 17.92 % |
Operating Profit | Rs. -0.21 Cr | Rs. 0.34 Cr | Rs. 0.67 Cr | + 97.06 % | + 419.05 % |
OPM % | -2.7 % | 3.81 % | 6.65 % | + 2.84 % | + 9.35 % |
Other Income | Rs. 2.31 Cr | Rs. 0.67 Cr | Rs. 1.25 Cr | + 86.57 % | -45.89 % |
Interest | Rs. 0.01 Cr | Rs. 0.04 Cr | Rs. 0.44 Cr | + 1000 % | + 4300 % |
Depreciation | Rs. 0.22 Cr | Rs. 0.3 Cr | Rs. 0.22 Cr | -26.67 % | + 0 % |
Profit before tax | Rs. 1.87 Cr | Rs. 0.67 Cr | Rs. 1.26 Cr | + 88.06 % | -32.62 % |
Tax % | 33.74 % | -76.92 % | 17.04 % | + 93.96 % | -16.7 % |
Net Profit | Rs. 1.24 Cr | Rs. -0.44 Cr | Rs. 2.75 Cr | + 725 % | + 121.77 % |
EPS in Rs | Rs. 2.7 | Rs. -0.95 | Rs. 5.98 | + 729.47 % | + 121.48 % |
Today, we’re looking at Ashok Alco-Chem 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 29.69 %. However, it did see a marginal increase of 12.93 % from the previous quarter. Expenses ticked up slightly by 9.55 % quarter-on-quarter, aligning with the annual rise of 17.92 %. Operating profit, while up 419.05 % compared to last year, faced a quarter-on-quarter increase of 97.06 %, 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 9.35 %, but an expansion of 2.84 % sequentially. Other income rose by 86.57 % compared to the last quarter, despite an annual decline of -45.89 %. Interest expenses surged remarkably by 1000 % from the previous quarter, yet the year-over-year increase remains at a moderate 4300 %. Depreciation costs fell by -26.67 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0 %. Profit before tax declined annually by -32.62 % but saw an increase from the preceding quarter by 88.06 %.
Tax expenses as a percentage of profits decreased slightly by -16.7 % compared to last year, with a more notable quarter-on-quarter increase of 93.96 %. Net profit rose by 121.77 % year-on-year but experienced a 725 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 121.48 % but a quarterly rise of 729.47 %. In summary, Ashok Alco-Chem 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. 7.774 Cr | Rs. 8.928 Cr | Rs. 10.082 Cr | + 12.93 % | + 29.69 % |
Expenses | Rs. 7.98 Cr | Rs. 8.59 Cr | Rs. 9.41 Cr | + 9.55 % | + 17.92 % |
Operating Profit | Rs. -0.21 Cr | Rs. 0.34 Cr | Rs. 0.67 Cr | + 97.06 % | + 419.05 % |
Net Profit | Rs. 1.24 Cr | Rs. -0.44 Cr | Rs. 2.75 Cr | + 725 % | + 121.77 % |
EPS in Rs | Rs. 2.7 | Rs. -0.95 | Rs. 5.98 | + 729.47 % | + 121.48 % |
In reviewing Ashok Alco-Chem Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 29.69 % year-on-year growth, however, there was a minor increase of 12.93 % from the previous quarter. Expenses rose by 17.92 % compared to the previous year, with a 9.55 % increase quarter-on-quarter. Operating Profit surged by 419.05 % annually, and saw a 97.06 % increase from the last quarter.
Net Profit showed yearly increase of 121.77 %, and experienced a 725 % increase from the previous quarter. Earnings Per Share (EPS) rose by 121.48 % annually, however rose by 729.47 % compared to the last quarter. In essence, while Ashok Alco-Chem Ltd. 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.