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Highlights
- Sales over the Year and quarter: The company’s sales declined by -12.92% over the yearSubstantial increase in net sales/revenue by 41.50%.
- 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 50%Marginal increase in other income during this quarter, up by 0%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Atam Valves Limited. Profit dropped by -18.61% Year to YearAtam Valves Limited’s profitability increased by 171.76% in this quarter.
- EPS over the Year and quarter: EPS declined by -25.24% Year to Year.EPS increased by 162.92%. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 19.803 Cr | Rs. 12.187 Cr | Rs. 17.245 Cr | + 41.5% | -12.92% |
Expenses | Rs. 15.32 Cr | Rs. 10.28 Cr | Rs. 13.25 Cr | + 28.89% | -13.51% |
Operating Profit | Rs. 4.48 Cr | Rs. 1.91 Cr | Rs. 4 Cr | + 109.42% | -10.71% |
OPM % | 22.62 % | 15.67 % | 23.2 % | + 7.53% | + 0.58% |
Other Income | Rs. 0.02 Cr | Rs. 0 Cr | Rs. 0.03 Cr | + 0% | + 50% |
Interest | Rs. 0.13 Cr | Rs. 0.29 Cr | Rs. 0.26 Cr | -10.34% | + 100% |
Depreciation | Rs. 0.18 Cr | Rs. 0.18 Cr | Rs. 0.15 Cr | -16.67% | -16.67% |
Profit before tax | Rs. 4.19 Cr | Rs. 1.44 Cr | Rs. 3.62 Cr | + 151.39% | -13.6% |
Tax % | 21.49 % | 31.86 % | 25.53 % | -6.33% | + 4.04% |
Net Profit | Rs. 3.3 Cr | Rs. 0.99 Cr | Rs. 2.69 Cr | + 171.72% | -18.48% |
EPS in Rs | Rs. 3.13 | Rs. 0.89 | Rs. 2.34 | + 162.92% | -25.24% |
Today, we’re looking at Atam Valves 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 -12.92%. However, it did see a marginal increase of 41.5% from the previous quarter.Expenses ticked up slightly by 28.89% quarter-on-quarter, aligning with the annual decline of -13.51%. Operating profit, while down -10.71% compared to last year,faced a quarter-on-quarter increase of 109.42%, 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 0.58%, but an expansion of 7.53% sequentially. Other income rose by 21.73% compared to the last quarter,despite an annual growth of 50%. Interest expenses dropped significantly by -10.34% from the previous quarter, yet the year-over-year increase remains at a moderate 100%. Depreciation costs fell by -16.67% quarter-on-quarter, yet on an annual scale, they experienced a reduction of -16.67%. Profit before tax declined annually by -13.6%but saw an increase from the preceding quarter by 151.39%.
Tax expenses as a percentage of profits increased slightly by 4.04% compared to last year, with a more notable quarter-on-quarter decrease of -6.33%. Net profit fell by -18.48% year-on-yearbut experienced a 171.72% expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -25.24% but a quarterly rise of 162.92%. In summary, Atam Valves 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. 19.803 Cr | Rs. 12.187 Cr | Rs. 17.245 Cr | + 41.5% | -12.92% |
Expenses | Rs. 15.32 Cr | Rs. 10.28 Cr | Rs. 13.25 Cr | + 28.89% | -13.51% |
Operating Profit | Rs. 4.48 Cr | Rs. 1.91 Cr | Rs. 4 Cr | + 109.42% | -10.71% |
Net Profit | Rs. 3.3 Cr | Rs. 0.99 Cr | Rs. 2.69 Cr | + 171.72% | -18.48% |
EPS in Rs | Rs. 3.13 | Rs. 0.89 | Rs. 2.34 | + 162.92% | -25.24% |
In reviewing Atam Valves Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -12.92% year-on-year, however, there was a minor increase of 41.5% from the previous quarter. Expenses decreased by -13.51% compared to the previous year, with a 28.89% increase quarter-on-quarter. Operating Profit dropped by -10.71% annually, and saw a 109.42% increase from the last quarter.
Net Profit showed yearly decrease of -18.48%, and experienced a 171.72% increase from the previous quarter. Earnings Per Share (EPS) fell by -25.24% annually, however rose by 162.92% compared to the last quarter. In essence, while Atam Valves 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.