Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 24.65 % in the past year, substantial increase in net sales/revenue by 14.86 %.
- 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 157.97 %. Marginal increase in other income during this quarter, up by 138.52%.
- Profit over the Year and quarter: Significant improvement in profitability for Ashoka Buildcon Limited. Notable increase of 643.31 % in net profit Year to Year, Ashoka Buildcon Limited’s profitability increased by 131.57 % in this quarter.
- EPS over the Year and quarter: EPS increased by 573.48 % Year to Year. EPS increased by 132.72 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 2448.421 Cr | Rs. 2657.12 Cr | Rs. 3051.87 Cr | + 14.86 % | + 24.65 % |
| Expenses | Rs. 1892.73 Cr | Rs. 2060.14 Cr | Rs. 2416.63 Cr | + 17.3 % | + 27.68 % |
| Operating Profit | Rs. 555.69 Cr | Rs. 596.98 Cr | Rs. 635.24 Cr | + 6.41 % | + 14.32 % |
| OPM % | 22.7 % | 22.47 % | 20.81 % | -1.66 % | -1.89 % |
| Other Income | Rs. 29.81 Cr | Rs. 32.24 Cr | Rs. 76.9 Cr | + 138.52 % | + 157.97 % |
| Interest | Rs. 287.71 Cr | Rs. 337.16 Cr | Rs. 333.8 Cr | -1 % | + 16.02 % |
| Depreciation | Rs. 86.75 Cr | Rs. 103.18 Cr | Rs. 67.97 Cr | -34.12 % | -21.65 % |
| Profit before tax | Rs. 211.04 Cr | Rs. 188.88 Cr | Rs. 310.37 Cr | + 64.32 % | + 47.07 % |
| Tax % | 75.55 % | 39.84 % | 38.22 % | -1.62 % | -37.33 % |
| Net Profit | Rs. 34.21 Cr | Rs. 109.82 Cr | Rs. 254.31 Cr | + 131.57 % | + 643.38 % |
| EPS in Rs | Rs. 1.32 | Rs. 3.82 | Rs. 8.89 | + 132.72 % | + 573.48 % |
Today, we’re looking at Ashoka Buildcon Limited’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 24.65 %. However, it did see a marginal increase of 14.86 % from the previous quarter. Expenses ticked up slightly by 17.3 % quarter-on-quarter, aligning with the annual rise of 27.68 %. Operating profit, while up 14.32 % compared to last year, faced a quarter-on-quarter increase of 6.41 %, 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 -1.89 %, but a shrinkage of -1.66 % sequentially. Other income rose by 138.52 % compared to the last quarter, despite an annual growth of 157.97 %. Interest expenses dropped significantly by -1 % from the previous quarter, yet the year-over-year increase remains at a moderate 16.02 %. Depreciation costs fell by -34.12 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -21.65 %. Profit before tax grew annually by 47.07 % but saw an increase from the preceding quarter by 64.32 %.
Tax expenses as a percentage of profits decreased slightly by -37.33 % compared to last year, with a more notable quarter-on-quarter decrease of -1.62 %. Net profit rose by 643.38 % year-on-year but experienced a 131.57 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 573.48 % but a quarterly rise of 132.72 %. In summary, Ashoka Buildcon 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. 2448.421 Cr | Rs. 2657.12 Cr | Rs. 3051.87 Cr | + 14.86 % | + 24.65 % |
| Expenses | Rs. 1892.73 Cr | Rs. 2060.14 Cr | Rs. 2416.63 Cr | + 17.3 % | + 27.68 % |
| Operating Profit | Rs. 555.69 Cr | Rs. 596.98 Cr | Rs. 635.24 Cr | + 6.41 % | + 14.32 % |
| Net Profit | Rs. 34.21 Cr | Rs. 109.82 Cr | Rs. 254.31 Cr | + 131.57 % | + 643.38 % |
| EPS in Rs | Rs. 1.32 | Rs. 3.82 | Rs. 8.89 | + 132.72 % | + 573.48 % |
In reviewing Ashoka Buildcon Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 24.65 % year-on-year growth, however, there was a minor increase of 14.86 % from the previous quarter. Expenses rose by 27.68 % compared to the previous year, with a 17.3 % increase quarter-on-quarter. Operating Profit surged by 14.32 % annually, and saw a 6.41 % increase from the last quarter.
Net Profit showed yearly increase of 643.38 %, and experienced a 131.57 % increase from the previous quarter. Earnings Per Share (EPS) rose by 573.48 % annually, however rose by 132.72 % compared to the last quarter. In essence, while Ashoka Buildcon 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.
