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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 7.89 % in the past year, substantial increase in net sales/revenue by 18.6 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -17.89 %, Marginal increase in other income during this quarter, up by 57.81%.
- Profit over the Year and quarter: Challenges in sustaining profitability for ASTRAL LIMITED. Profit dropped by -12.08 % Year to Year, ASTRAL LIMITED’s profitability increased by 60.02 % in this quarter.
- EPS over the Year and quarter: EPS declined by -11.75 % Year to Year. EPS increased by 59.81 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 1506.2 Cr | Rs. 1370.2 Cr | Rs. 1625.1 Cr | + 18.6 % | + 7.89 % |
| Expenses | Rs. 1197.3 Cr | Rs. 1165.1 Cr | Rs. 1333.6 Cr | + 14.46 % | + 11.38 % |
| Operating Profit | Rs. 308.9 Cr | Rs. 205.1 Cr | Rs. 291.5 Cr | + 42.13 % | -5.63 % |
| OPM % | 20.51 % | 14.97 % | 17.94 % | + 2.97 % | -2.57 % |
| Other Income | Rs. 12.3 Cr | Rs. 6.4 Cr | Rs. 10.1 Cr | + 57.81 % | -17.89 % |
| Interest | Rs. 3.3 Cr | Rs. 7.5 Cr | Rs. 7.8 Cr | + 4 % | + 136.36 % |
| Depreciation | Rs. 44.5 Cr | Rs. 50.1 Cr | Rs. 52.5 Cr | + 4.79 % | + 17.98 % |
| Profit before tax | Rs. 273.4 Cr | Rs. 153.9 Cr | Rs. 241.3 Cr | + 56.79 % | -11.74 % |
| Tax % | 24.6 % | 26.38 % | 24.86 % | -1.52 % | + 0.26 % |
| Net Profit | Rs. 206.2 Cr | Rs. 113.3 Cr | Rs. 181.3 Cr | + 60.02 % | -12.08 % |
| EPS in Rs | Rs. 7.66 | Rs. 4.23 | Rs. 6.76 | + 59.81 % | -11.75 % |
Today, we’re looking at ASTRAL 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 7.89 %. However, it did see a marginal increase of 18.6 % from the previous quarter. Expenses ticked up slightly by 14.46 % quarter-on-quarter, aligning with the annual rise of 11.38 %. Operating profit, while down -5.63 % compared to last year, faced a quarter-on-quarter increase of 42.13 %, 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 -2.57 %, but an expansion of 2.97 % sequentially. Other income rose by 57.81 % compared to the last quarter, despite an annual decline of -17.89 %. Interest expenses surged remarkably by 4 % from the previous quarter, yet the year-over-year increase remains at a moderate 136.36 %. Depreciation costs climbed by 4.79 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 17.98 %. Profit before tax declined annually by -11.74 % but saw an increase from the preceding quarter by 56.79 %.
Tax expenses as a percentage of profits increased slightly by 0.26 % compared to last year, with a more notable quarter-on-quarter decrease of -1.52 %. Net profit fell by -12.08 % year-on-year but experienced a 60.02 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -11.75 % but a quarterly rise of 59.81 %. In summary, ASTRAL 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. 1506.2 Cr | Rs. 1370.2 Cr | Rs. 1625.1 Cr | + 18.6 % | + 7.89 % |
| Expenses | Rs. 1197.3 Cr | Rs. 1165.1 Cr | Rs. 1333.6 Cr | + 14.46 % | + 11.38 % |
| Operating Profit | Rs. 308.9 Cr | Rs. 205.1 Cr | Rs. 291.5 Cr | + 42.13 % | -5.63 % |
| Net Profit | Rs. 206.2 Cr | Rs. 113.3 Cr | Rs. 181.3 Cr | + 60.02 % | -12.08 % |
| EPS in Rs | Rs. 7.66 | Rs. 4.23 | Rs. 6.76 | + 59.81 % | -11.75 % |
In reviewing ASTRAL LIMITED’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 7.89 % year-on-year growth, however, there was a minor increase of 18.6 % from the previous quarter. Expenses rose by 11.38 % compared to the previous year, with a 14.46 % increase quarter-on-quarter. Operating Profit dropped by -5.63 % annually, and saw a 42.13 % increase from the last quarter.
Net Profit showed yearly decrease of -12.08 %, and experienced a 60.02 % increase from the previous quarter. Earnings Per Share (EPS) fell by -11.75 % annually, however rose by 59.81 % compared to the last quarter. In essence, while ASTRAL LIMITED faces strong annual decline 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.
