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Highlights
- The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 1.16 % in the past year, decrease in net sales/revenue by -20.21 %.
- 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 1580 %. Marginal decrease of -70.87% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Autoline Industries Limited. Notable increase of 319.84 % in net profit Year to Year, Autoline Industries Limited’s profitability dropped by -25.28 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 325.00 % Year to Year. EPS decreased by -62.64 % in previous quarter. Analysis needed for shareholder value.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 149.39 Cr | Rs. 189.42 Cr | Rs. 151.13 Cr | -20.21 % | + 1.16 % |
| Expenses | Rs. 138.87 Cr | Rs. 174.13 Cr | Rs. 135.25 Cr | -22.33 % | -2.61 % |
| Operating Profit | Rs. 10.52 Cr | Rs. 15.29 Cr | Rs. 15.88 Cr | + 3.86 % | + 50.95 % |
| OPM % | 7.04 % | 8.07 % | 10.51 % | + 2.44 % | + 3.47 % |
| Other Income | Rs. -0.05 Cr | Rs. 2.54 Cr | Rs. 0.74 Cr | -70.87 % | + 1580 % |
| Interest | Rs. 5.7 Cr | Rs. 7.22 Cr | Rs. 7.25 Cr | + 0.42 % | + 27.19 % |
| Depreciation | Rs. 3.46 Cr | Rs. 3.45 Cr | Rs. 4.08 Cr | + 18.26 % | + 17.92 % |
| Profit before tax | Rs. 1.31 Cr | Rs. 7.16 Cr | Rs. 5.29 Cr | -26.12 % | + 303.82 % |
| Tax % | 3.82 % | 1.12 % | 0 % | -1.12 % | -3.82 % |
| Net Profit | Rs. 1.26 Cr | Rs. 7.08 Cr | Rs. 5.29 Cr | -25.28 % | + 319.84 % |
| EPS in Rs | Rs. 0.32 | Rs. 3.18 | Rs. 1.2 | -62.26 % | + 275 % |
Today, we’re looking at Autoline Industries 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 1.16 %. However, it did see a marginal slip of -20.21 % from the previous quarter. Expenses decreased slightly by -22.33 % quarter-on-quarter, aligning with the annual decline of -2.61 %. Operating profit, while up 50.95 % compared to last year, faced a quarter-on-quarter increase of 3.86 %, 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 3.47 %, but an expansion of 2.44 % sequentially. Other income fell by -70.87 % compared to the last quarter, despite an annual growth of 1580 %. Interest expenses surged remarkably by 0.42 % from the previous quarter, yet the year-over-year increase remains at a moderate 27.19 %. Depreciation costs climbed by 18.26 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 17.92 %. Profit before tax grew annually by 303.82 % but saw a reduction from the preceding quarter by -26.12 %.
Tax expenses as a percentage of profits decreased slightly by -3.82 % compared to last year, with a more notable quarter-on-quarter decrease of -1.12 %. Net profit rose by 319.84 % year-on-year but witnessed a -25.28 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 275 % but a quarterly fall of -62.26 %. In summary, Autoline Industries 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. 149.39 Cr | Rs. 189.42 Cr | Rs. 151.13 Cr | -20.21 % | + 1.16 % |
| Expenses | Rs. 138.87 Cr | Rs. 174.13 Cr | Rs. 135.25 Cr | -22.33 % | -2.61 % |
| Operating Profit | Rs. 10.52 Cr | Rs. 15.29 Cr | Rs. 15.88 Cr | + 3.86 % | + 50.95 % |
| Net Profit | Rs. 1.26 Cr | Rs. 7.08 Cr | Rs. 5.29 Cr | -25.28 % | + 319.84 % |
| EPS in Rs | Rs. 0.32 | Rs. 3.18 | Rs. 1.2 | -62.26 % | + 275 % |
In reviewing Autoline Industries Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 1.16 % year-on-year growth, although there was a slight dip of -20.21 % from the previous quarter. Expenses decreased by -2.61 % compared to the previous year, with a decrease of -22.33 % quarter-on-quarter. Operating Profit surged by 50.95 % annually, and saw a 3.86 % increase from the last quarter.
Net Profit showed yearly increase of 319.84 %, and experienced a -25.28 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 275 % annually, however dipped by -62.26 % compared to the last quarter. In essence, while Autoline Industries Limited exhibits strong annual growth indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.
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