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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 experienced a substantial growth of 35.52 % in the past year, substantial increase in net sales/revenue by 38.15 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -67.86 %, Marginal increase in other income during this quarter, up by 237.5%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Associated Ceramics Ltd.. Profit dropped by -90.8 % Year to Year, Associated Ceramics Ltd.’s profitability dropped by -92.29 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -90.81 % Year to Year. EPS decreased by -92.29 % 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. 9.127 Cr | Rs. 8.953 Cr | Rs. 12.369 Cr | + 38.15 % | + 35.52 % |
Expenses | Rs. 6.61 Cr | Rs. 6.51 Cr | Rs. 11.37 Cr | + 74.65 % | + 72.01 % |
Operating Profit | Rs. 2.52 Cr | Rs. 2.44 Cr | Rs. 1 Cr | -59.02 % | -60.32 % |
OPM % | 27.61 % | 27.25 % | 8.08 % | -19.17 % | -19.53 % |
Other Income | Rs. 0.084 Cr | Rs. 0.008 Cr | Rs. 0.027 Cr | + 237.5 % | -67.86 % |
Interest | Rs. 0.05 Cr | Rs. 0.05 Cr | Rs. 0.06 Cr | + 20 % | + 20 % |
Depreciation | Rs. 1.23 Cr | Rs. 0.83 Cr | Rs. 0.85 Cr | + 2.41 % | -30.89 % |
Profit before tax | Rs. 1.32 Cr | Rs. 1.57 Cr | Rs. 0.12 Cr | -92.36 % | -90.91 % |
Tax % | 26.02 % | 26 % | 26.45 % | + 0.45 % | + 0.43 % |
Net Profit | Rs. 0.98 Cr | Rs. 1.17 Cr | Rs. 0.09 Cr | -92.31 % | -90.82 % |
EPS in Rs | Rs. 4.79 | Rs. 5.71 | Rs. 0.44 | -92.29 % | -90.81 % |
Today, we’re looking at Associated Ceramics Ltd.’s financial performance for the Q2(Sep 2024-25).Starting with the top line, the company reported a robust year-over-year sales growth of 35.52 %. However, it did see a marginal increase of 38.15 % from the previous quarter. Expenses ticked up slightly by 74.65 % quarter-on-quarter, aligning with the annual rise of 72.01 %. Operating profit, while down -60.32 % compared to last year, faced a quarter-on-quarter dip of -59.02 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -19.53 %, but a shrinkage of -19.17 % sequentially. Other income rose by 237.5 % compared to the last quarter, despite an annual decline of -67.86 %. Interest expenses surged remarkably by 20 % from the previous quarter, yet the year-over-year increase remains at a moderate 20 %. Depreciation costs climbed by 2.41 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -30.89 %. Profit before tax declined annually by -90.91 % but saw a reduction from the preceding quarter by -92.36 %.
Tax expenses as a percentage of profits increased slightly by 0.43 % compared to last year, with a more notable quarter-on-quarter increase of 0.45 %. Net profit fell by -90.82 % year-on-year but witnessed a -92.31 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -90.81 % but a quarterly fall of -92.29 %. In summary, Associated Ceramics 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. 9.127 Cr | Rs. 8.953 Cr | Rs. 12.369 Cr | + 38.15 % | + 35.52 % |
Expenses | Rs. 6.61 Cr | Rs. 6.51 Cr | Rs. 11.37 Cr | + 74.65 % | + 72.01 % |
Operating Profit | Rs. 2.52 Cr | Rs. 2.44 Cr | Rs. 1 Cr | -59.02 % | -60.32 % |
Net Profit | Rs. 0.98 Cr | Rs. 1.17 Cr | Rs. 0.09 Cr | -92.31 % | -90.82 % |
EPS in Rs | Rs. 4.79 | Rs. 5.71 | Rs. 0.44 | -92.29 % | -90.81 % |
In reviewing Associated Ceramics Ltd.’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 35.52 % year-on-year growth, however, there was a minor increase of 38.15 % from the previous quarter. Expenses rose by 72.01 % compared to the previous year, with a 74.65 % increase quarter-on-quarter. Operating Profit dropped by -60.32 % annually, and saw a -59.02 % decrease from the last quarter.
Net Profit showed yearly decrease of -90.82 %, and experienced a -92.31 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -90.81 % annually, however dipped by -92.29 % compared to the last quarter. In essence, while Associated Ceramics Ltd. 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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