Share the post "Atul ‘s Q1 Report: Revenue Rises by 17.21% YoY"
Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 17.21 % in the past year, substantial increase in net sales/revenue by 8.64 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -48.8 %, Marginal decrease of -32% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Atul Limited. Notable increase of 13.05 % in net profit Year to Year, Atul Limited’s profitability increased by 45.77 % in this quarter.
- EPS over the Year and quarter: EPS increased by 13.33 % Year to Year. EPS increased by 45.98 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 1030.24 Cr | Rs. 1111.52 Cr | Rs. 1207.51 Cr | + 8.64 % | + 17.21 % |
Expenses | Rs. 883.33 Cr | Rs. 985.47 Cr | Rs. 1022.32 Cr | + 3.74 % | + 15.73 % |
Operating Profit | Rs. 146.91 Cr | Rs. 126.05 Cr | Rs. 185.19 Cr | + 46.92 % | + 26.06 % |
OPM % | 14.26 % | 11.34 % | 15.34 % | + 4 % | + 1.08 % |
Other Income | Rs. 27.48 Cr | Rs. 20.69 Cr | Rs. 14.07 Cr | -32 % | -48.8 % |
Interest | Rs. 0.52 Cr | Rs. 0.66 Cr | Rs. 0.63 Cr | -4.55 % | + 21.15 % |
Depreciation | Rs. 42.74 Cr | Rs. 50.23 Cr | Rs. 50.91 Cr | + 1.35 % | + 19.12 % |
Profit before tax | Rs. 131.13 Cr | Rs. 95.85 Cr | Rs. 147.72 Cr | + 54.12 % | + 12.65 % |
Tax % | 26.35 % | 21.86 % | 26.09 % | + 4.23 % | -0.26 % |
Net Profit | Rs. 96.58 Cr | Rs. 74.9 Cr | Rs. 109.18 Cr | + 45.77 % | + 13.05 % |
EPS in Rs | Rs. 32.72 | Rs. 25.4 | Rs. 37.08 | + 45.98 % | + 13.33 % |
Today, we’re looking at Atul Limited’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 17.21 %. However, it did see a marginal increase of 8.64 % from the previous quarter. Expenses ticked up slightly by 3.74 % quarter-on-quarter, aligning with the annual rise of 15.73 %. Operating profit, while up 26.06 % compared to last year, faced a quarter-on-quarter increase of 46.92 %, 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 1.08 %, but an expansion of 4 % sequentially. Other income fell by -32 % compared to the last quarter, despite an annual decline of -48.8 %. Interest expenses dropped significantly by -4.55 % from the previous quarter, yet the year-over-year increase remains at a moderate 21.15 %. Depreciation costs climbed by 1.35 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 19.12 %. Profit before tax grew annually by 12.65 % but saw an increase from the preceding quarter by 54.12 %.
Tax expenses as a percentage of profits decreased slightly by -0.26 % compared to last year, with a more notable quarter-on-quarter increase of 4.23 %. Net profit rose by 13.05 % year-on-year but experienced a 45.77 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 13.33 % but a quarterly rise of 45.98 %. 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. 1030.24 Cr | Rs. 1111.52 Cr | Rs. 1207.51 Cr | + 8.64 % | + 17.21 % |
Expenses | Rs. 883.33 Cr | Rs. 985.47 Cr | Rs. 1022.32 Cr | + 3.74 % | + 15.73 % |
Operating Profit | Rs. 146.91 Cr | Rs. 126.05 Cr | Rs. 185.19 Cr | + 46.92 % | + 26.06 % |
Net Profit | Rs. 96.58 Cr | Rs. 74.9 Cr | Rs. 109.18 Cr | + 45.77 % | + 13.05 % |
EPS in Rs | Rs. 32.72 | Rs. 25.4 | Rs. 37.08 | + 45.98 % | + 13.33 % |
In reviewing Atul Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 17.21 % year-on-year growth, however, there was a minor increase of 8.64 % from the previous quarter. Expenses rose by 15.73 % compared to the previous year, with a 3.74 % increase quarter-on-quarter. Operating Profit surged by 26.06 % annually, and saw a 46.92 % increase from the last quarter.
Net Profit showed yearly increase of 13.05 %, and experienced a 45.77 % increase from the previous quarter. Earnings Per Share (EPS) rose by 13.33 % annually, however rose by 45.98 % compared to the last quarter. In essence, while Atul 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.
-15
3-Year Profit
-3
5-Year Profit
6
10-Year Profit
7,666
Current Price
22,586
Market Cap
The company associated with BSE code 500027 presents a financial narrative of mixed fortunes. Over a five-year period, the company achieved a profit of -3 units, which subsequently rose to -15 units over the three years that followed. Yet, despite this initial growth, the company now faces a troubling trailing twelve-month (TTM) profit loss of -19 units. What’s particularly striking is the company’s complete absence of reported sales across all analyzed periods, which brings into question the viability of its revenue generation strategies and long-term business sustainability. Moreover, stock prices have been highly volatile, reflecting the company’s uncertain future. While the stock was valued at 14 units over the last five years, it has recently dropped to 9 units, underscoring a rapid decline in market confidence. Over the longer ten-year period, the stock price was at 19 units, illustrating a pattern of fluctuating performance that could pose risks for potential investors.
With a market capitalization of ₹22,586 crore, the company’s stock is currently trading at ₹7,666, having fluctuated within a range of ₹8,135 / 5,175 over the years. The stock's P/E ratio of 68.1 reflects a relatively high valuation compared to its earnings, which could suggest strong future growth expectations or heightened investor demand. The company’s book value is ₹1,737, representing the total value of its assets on a per-share basis, while the dividend yield of 0.26% offers a modest return to shareholders. ROCE, at 8.74%, highlights the company's efficient use of capital in generating profits, while ROE at 6.35% underscores its ability to generate returns for shareholders. The debt-to-equity ratio of 0.05 is very low, indicating conservative financial management and minimal reliance on borrowed funds. Despite this, the company shows a negative net cash flow of ₹22.2 crore, which could point to cash management challenges or recent heavy investments. The Piotroski score of 5.00 suggests moderate financial strength, while the Graham Number, pegged at ₹2,097, offers a rough estimate of the stock's intrinsic value. The Price-to-Book (P/B) ratio of 4.41 signals that the stock is trading at a premium, which might reflect investor confidence in the company's growth trajectory.