Share the post "Atul Auto : Q4 2024 Financial Quarterly Report : YoY Sales Up 6.57 %, QoQ Up 3.76 %"
Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 6.57 % in the past year, substantial increase in net sales/revenue by 3.76 %.
- 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 2533.33 %. Marginal increase in other income during this quarter, up by 6.76%.
- Profit over the Year and quarter: Significant improvement in profitability for Atul Auto Limited. Notable increase of 46.11 % in net profit Year to Year, Atul Auto Limited’s profitability increased by 9.17 % in this quarter.
- EPS over the Year and quarter: EPS increased by 11.63 % Year to Year. EPS increased by 21.52 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 150.27 Cr | Rs. 154.33 Cr | Rs. 160.14 Cr | + 3.76 % | + 6.57 % |
Expenses | Rs. 136.03 Cr | Rs. 140.62 Cr | Rs. 146.83 Cr | + 4.42 % | + 7.94 % |
Operating Profit | Rs. 14.24 Cr | Rs. 13.71 Cr | Rs. 13.31 Cr | -2.92 % | -6.53 % |
OPM % | 9.48 % | 8.88 % | 8.31 % | -0.57 % | -1.17 % |
Other Income | Rs. 0.03 Cr | Rs. 0.74 Cr | Rs. 0.79 Cr | + 6.76 % | + 2533.33 % |
Interest | Rs. 4.36 Cr | Rs. 3.2 Cr | Rs. 3.21 Cr | + 0.31 % | -26.38 % |
Depreciation | Rs. 4.43 Cr | Rs. 4.57 Cr | Rs. 4.43 Cr | -3.06 % | + 0 % |
Profit before tax | Rs. 5.48 Cr | Rs. 6.68 Cr | Rs. 6.46 Cr | -3.29 % | + 17.88 % |
Tax % | 39.05 % | 33.08 % | 24.46 % | -8.62 % | -14.59 % |
Net Profit | Rs. 3.34 Cr | Rs. 4.47 Cr | Rs. 4.88 Cr | + 9.17 % | + 46.11 % |
EPS in Rs | Rs. 1.72 | Rs. 1.58 | Rs. 1.92 | + 21.52 % | + 11.63 % |
Today, we’re looking at Atul Auto 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 6.57 %. However, it did see a marginal increase of 3.76 % from the previous quarter. Expenses ticked up slightly by 4.42 % quarter-on-quarter, aligning with the annual rise of 7.94 %. Operating profit, while down -6.53 % compared to last year, faced a quarter-on-quarter dip of -2.92 %, 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 -1.17 %, but a shrinkage of -0.57 % sequentially. Other income rose by 6.76 % compared to the last quarter, despite an annual growth of 2533.33 %. Interest expenses surged remarkably by 0.31 % from the previous quarter, yet the year-over-year decrease remains at a moderate -26.38 %. Depreciation costs fell by -3.06 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0 %. Profit before tax grew annually by 17.88 % but saw a reduction from the preceding quarter by -3.29 %.
Tax expenses as a percentage of profits decreased slightly by -14.59 % compared to last year, with a more notable quarter-on-quarter decrease of -8.62 %. Net profit rose by 46.11 % year-on-year but experienced a 9.17 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 11.63 % but a quarterly rise of 21.52 %. In summary, Atul Auto 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. 150.27 Cr | Rs. 154.33 Cr | Rs. 160.14 Cr | + 3.76 % | + 6.57 % |
Expenses | Rs. 136.03 Cr | Rs. 140.62 Cr | Rs. 146.83 Cr | + 4.42 % | + 7.94 % |
Operating Profit | Rs. 14.24 Cr | Rs. 13.71 Cr | Rs. 13.31 Cr | -2.92 % | -6.53 % |
Net Profit | Rs. 3.34 Cr | Rs. 4.47 Cr | Rs. 4.88 Cr | + 9.17 % | + 46.11 % |
EPS in Rs | Rs. 1.72 | Rs. 1.58 | Rs. 1.92 | + 21.52 % | + 11.63 % |
In reviewing Atul Auto Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 6.57 % year-on-year growth, however, there was a minor increase of 3.76 % from the previous quarter. Expenses rose by 7.94 % compared to the previous year, with a 4.42 % increase quarter-on-quarter. Operating Profit dropped by -6.53 % annually, and saw a -2.92 % decrease from the last quarter.
Net Profit showed yearly increase of 46.11 %, and experienced a 9.17 % increase from the previous quarter. Earnings Per Share (EPS) rose by 11.63 % annually, however rose by 21.52 % compared to the last quarter. In essence, while Atul Auto 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.