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Highlights
- Sales over the Year and quarter: The company’s sales declined by -70.16 % over the year, decrease in net sales/revenue by -73.76 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -389.3 %, Marginal decrease of -8440% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Aster DM Healthcare Limited. Profit dropped by -101.19 % Year to Year, Aster DM Healthcare Limited’s profitability dropped by -101.04 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -113.99 % Year to Year. EPS decreased by -113.33 % 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. 3262.32 Cr | Rs. 3710.61 Cr | Rs. 973.59 Cr | -73.76 % | -70.16 % |
Expenses | Rs. 2756.73 Cr | Rs. 3146.47 Cr | Rs. 814.25 Cr | -74.12 % | -70.46 % |
Operating Profit | Rs. 505.59 Cr | Rs. 564.14 Cr | Rs. 159.34 Cr | -71.76 % | -68.48 % |
OPM % | 15.5 % | 15.2 % | 16.37 % | + 1.17 % | + 0.87 % |
Other Income | Rs. 14.76 Cr | Rs. -0.5 Cr | Rs. -42.7 Cr | -8440 % | -389.3 % |
Interest | Rs. 95.97 Cr | Rs. 98.64 Cr | Rs. 29.88 Cr | -69.71 % | -68.87 % |
Depreciation | Rs. 218.6 Cr | Rs. 231.54 Cr | Rs. 58.36 Cr | -74.79 % | -73.3 % |
Profit before tax | Rs. 205.78 Cr | Rs. 233.46 Cr | Rs. 28.4 Cr | -87.84 % | -86.2 % |
Tax % | 11.31 % | 10.02 % | 40.66 % | + 30.64 % | + 29.35 % |
Net Profit | Rs. 182.59 Cr | Rs. 209.22 Cr | Rs. -2.17 Cr | -101.04 % | -101.19 % |
EPS in Rs | Rs. 3.43 | Rs. 3.6 | Rs. -0.48 | -113.33 % | -113.99 % |
Today, we’re looking at Aster DM Healthcare 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 -70.16 %. However, it did see a marginal slip of -73.76 % from the previous quarter. Expenses decreased slightly by -74.12 % quarter-on-quarter, aligning with the annual decline of -70.46 %. Operating profit, while down -68.48 % compared to last year, faced a quarter-on-quarter dip of -71.76 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 0.87 %, but an expansion of 1.17 % sequentially. Other income fell by -8440 % compared to the last quarter, despite an annual decline of -389.3 %. Interest expenses dropped significantly by -69.71 % from the previous quarter, yet the year-over-year decrease remains at a moderate -68.87 %. Depreciation costs fell by -74.79 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -73.3 %. Profit before tax declined annually by -86.2 % but saw a reduction from the preceding quarter by -87.84 %.
Tax expenses as a percentage of profits increased slightly by 29.35 % compared to last year, with a more notable quarter-on-quarter increase of 30.64 %. Net profit fell by -101.19 % year-on-year but witnessed a -101.04 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -113.99 % but a quarterly fall of -113.33 %. In summary, Aster DM Healthcare 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. 3262.32 Cr | Rs. 3710.61 Cr | Rs. 973.59 Cr | -73.76 % | -70.16 % |
Expenses | Rs. 2756.73 Cr | Rs. 3146.47 Cr | Rs. 814.25 Cr | -74.12 % | -70.46 % |
Operating Profit | Rs. 505.59 Cr | Rs. 564.14 Cr | Rs. 159.34 Cr | -71.76 % | -68.48 % |
Net Profit | Rs. 182.59 Cr | Rs. 209.22 Cr | Rs. -2.17 Cr | -101.04 % | -101.19 % |
EPS in Rs | Rs. 3.43 | Rs. 3.6 | Rs. -0.48 | -113.33 % | -113.99 % |
In reviewing Aster DM Healthcare Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -70.16 % year-on-year, although there was a slight dip of -73.76 % from the previous quarter. Expenses decreased by -70.46 % compared to the previous year, with a decrease of -74.12 % quarter-on-quarter. Operating Profit dropped by -68.48 % annually, and saw a -71.76 % decrease from the last quarter.
Net Profit showed yearly decrease of -101.19 %, and experienced a -101.04 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -113.99 % annually, however dipped by -113.33 % compared to the last quarter. In essence, while Aster DM Healthcare 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.