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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 1.42% in the past year Substantial increase in net sales/revenue by 6.53%.
- Income over the Year and quarter: There has been decline in other income over the past year which is -32.8% Marginal decrease of -4.85% in other income during this quarter
- Profit over the Year and quarter: Challenges in sustaining profitability for Atul Limited.,. Profit dropped by -36.24% Year to YearAtul Limited.,’s profitability dropped by -18.40% Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -37.49% Year to Year.EPS decreased by -17.60%. Analysis needed for shareholder value.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 1195.15 Cr | Rs. 1137.8 Cr | Rs. 1212.15 Cr | + 6.53% | + 1.42% |
Expenses | Rs. 1045.78 Cr | Rs. 986.12 Cr | Rs. 1064.59 Cr | + 7.96% | + 1.8% |
Operating Profit | Rs. 149.37 Cr | Rs. 151.68 Cr | Rs. 147.56 Cr | -2.72% | -1.21% |
OPM % | 12.5 % | 13.33 % | 12.17 % | -1.16% | -0.33% |
Other Income | Rs. 24.21 Cr | Rs. 17.1 Cr | Rs. 16.27 Cr | -4.85% | -32.8% |
Interest | Rs. 2.19 Cr | Rs. 2.12 Cr | Rs. 5.07 Cr | + 139.15% | + 131.51% |
Depreciation | Rs. 51.07 Cr | Rs. 61.21 Cr | Rs. 75.75 Cr | + 23.75% | + 48.33% |
Profit before tax | Rs. 120.32 Cr | Rs. 105.45 Cr | Rs. 83.01 Cr | -21.28% | -31.01% |
Tax % | 24.38 % | 32.32 % | 30.43 % | -1.89% | + 6.05% |
Net Profit | Rs. 92.21 Cr | Rs. 72.05 Cr | Rs. 58.79 Cr | -18.4% | -36.24% |
EPS in Rs | Rs. 31.69 | Rs. 24.04 | Rs. 19.81 | -17.6% | -37.49% |
Today, we’re looking at Atul 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 1.42%. However, it did see a marginal increase of 6.53% from the previous quarter.Expenses ticked up slightly by 7.96% quarter-on-quarter, aligning with the annual rise of 1.8%. Operating profit, while down -1.21% compared to last year,faced a quarter-on-quarter dip of -2.72%, 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 -0.33%, but a shrinkage of -1.16% sequentially. Other income fell by -4.85% compared to the last quarter, despite an annual decline of -32.8%. Interest expenses surged remarkably by 139.15% from the previous quarter, yet the year-over-year increase remains at a moderate 131.51%. Depreciation costs climbed by 23.75% quarter-on-quarter, whereas on an annual scale, they saw an increase of 48.33%. Profit before tax declined annually by -31.01%but saw a reduction from the preceding quarter by -21.28%.
Tax expenses as a percentage of profits increased slightly by 6.05% compared to last year, with a more notable quarter-on-quarter decrease of -1.89%. Net profit fell by -36.24% year-on-yearbut witnessed a -18.4% contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -37.49% but a quarterly fall of -17.6%. In summary, Atul 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. 1195.15 Cr | Rs. 1137.8 Cr | Rs. 1212.15 Cr | + 6.53% | + 1.42% |
Expenses | Rs. 1045.78 Cr | Rs. 986.12 Cr | Rs. 1064.59 Cr | + 7.96% | + 1.8% |
Operating Profit | Rs. 149.37 Cr | Rs. 151.68 Cr | Rs. 147.56 Cr | -2.72% | -1.21% |
Net Profit | Rs. 92.21 Cr | Rs. 72.05 Cr | Rs. 58.79 Cr | -18.4% | -36.24% |
EPS in Rs | Rs. 31.69 | Rs. 24.04 | Rs. 19.81 | -17.6% | -37.49% |
In reviewing Atul Limited.,’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 13.62% year-on-year growth, however, there was a minor increase of 6.53% from the previous quarter. Expenses rose by 1.8% compared to the previous year, with a 7.96% increase quarter-on-quarter. Operating Profit dropped by -1.21% annually, and saw a -2.72% decrease from the last quarter.
Net Profit showed yearly decrease of -36.24%, and experienced a -18.4% decrease from the previous quarter.Earnings Per Share (EPS) fell by -37.49% annually, however dipped by -17.6% compared to the last quarter. In essence, while Atul 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.