ASIAN GRANITO INDIA : Q4 2024 Financial Quarterly Report : YoY Sales Down 11.99 %, QoQ Up 9.54 %

 

The comprehensive analytics outlining the performance and outlook of ASIAN GRANITO INDIA 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.

Today, we’re looking at ASIAN GRANITO INDIA LIMITED’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -11.99 %. However, it did see a marginal increase of 9.54 % from the previous quarter. Expenses ticked up slightly by 8.76 % quarter-on-quarter, aligning with the annual decline of -22.51 %. Operating profit, while up 118.78 % compared to last year, faced a quarter-on-quarter increase of 56.41 %, 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 13.26 %, but an expansion of 0.7 % sequentially. Other income rose by 20.12 % compared to the last quarter, despite an annual growth of 43.56 %. Interest expenses surged remarkably by 45.08 % from the previous quarter, yet the year-over-year increase remains at a moderate 63.74 %. Depreciation costs climbed by 13.07 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 14.74 %. Profit before tax grew annually by 127.78 % but saw an increase from the preceding quarter by 41.48 %.
Tax expenses as a percentage of profits increased slightly by 45.06 % compared to last year, with a more notable quarter-on-quarter increase of 0.39 %. Net profit rose by 128.13 % year-on-year but experienced a 40.68 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 128.35 % but a quarterly rise of 41.18 %. In summary, ASIAN GRANITO INDIA LIMITED’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

In reviewing ASIAN GRANITO INDIA LIMITED’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -11.99 % year-on-year, however, there was a minor increase of 9.54 % from the previous quarter. Expenses decreased by -22.51 % compared to the previous year, with a 8.76 % increase quarter-on-quarter. Operating Profit surged by 118.78 % annually, and saw a 56.41 % increase from the last quarter.
Net Profit showed yearly increase of 128.13 %, and experienced a 40.68 % increase from the previous quarter. Earnings Per Share (EPS) rose by 128.35 % annually, however rose by 41.18 % compared to the last quarter. In essence, while ASIAN GRANITO INDIA 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.