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Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company’s sales declined by -7.13 % over the year, substantial increase in net sales/revenue by 2.69 %.
- 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 2324.62 %. Marginal increase in other income during this quarter, up by 1894.94%.
- Profit over the Year and quarter: Significant improvement in profitability for Automotive Stampings and Assemblies Limited. Notable increase of 7.48 % in net profit Year to Year, Automotive Stampings and Assemblies Limited’s profitability increased by 7.26 % in this quarter.
- EPS over the Year and quarter: EPS increased by 7.57 % Year to Year. EPS increased by 7.14 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 212.251 Cr | Rs. 191.946 Cr | Rs. 197.108 Cr | + 2.69 % | -7.13 % |
Expenses | Rs. 200.71 Cr | Rs. 179.65 Cr | Rs. 185.74 Cr | + 3.39 % | -7.46 % |
Operating Profit | Rs. 11.54 Cr | Rs. 12.3 Cr | Rs. 11.37 Cr | -7.56 % | -1.47 % |
OPM % | 5.44 % | 6.41 % | 5.77 % | -0.64 % | + 0.33 % |
Other Income | Rs. 0.065 Cr | Rs. 0.079 Cr | Rs. 1.576 Cr | + 1894.94 % | + 2324.62 % |
Interest | Rs. 3.65 Cr | Rs. 3.63 Cr | Rs. 3.77 Cr | + 3.86 % | + 3.29 % |
Depreciation | Rs. 3.97 Cr | Rs. 4.75 Cr | Rs. 4.89 Cr | + 2.95 % | + 23.17 % |
Profit before tax | Rs. 3.99 Cr | Rs. 4 Cr | Rs. 4.29 Cr | + 7.25 % | + 7.52 % |
Tax % | 0 % | 0 % | 0 % | 0 % | 0 % |
Net Profit | Rs. 3.99 Cr | Rs. 3.99 Cr | Rs. 4.28 Cr | + 7.27 % | + 7.27 % |
EPS in Rs | Rs. 2.51 | Rs. 2.52 | Rs. 2.7 | + 7.14 % | + 7.57 % |
Today, we’re looking at Automotive Stampings and Assemblies Limited’s financial performance for the Q2(Sep 2024-25).Starting with the top line, the company reported a significant year-over-year sales decline of -7.13 %. However, it did see a marginal increase of 2.69 % from the previous quarter. Expenses ticked up slightly by 3.39 % quarter-on-quarter, aligning with the annual decline of -7.46 %. Operating profit, while down -1.47 % compared to last year, faced a quarter-on-quarter dip of -7.56 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 0.33 %, but a shrinkage of -0.64 % sequentially. Other income rose by 1894.94 % compared to the last quarter, despite an annual growth of 2324.62 %. Interest expenses surged remarkably by 3.86 % from the previous quarter, yet the year-over-year increase remains at a moderate 3.29 %. Depreciation costs climbed by 2.95 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 23.17 %. Profit before tax grew annually by 7.52 % but saw an increase from the preceding quarter by 7.25 %.
Net profit rose by 7.27 % year-on-year but experienced a 7.27 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 7.57 % but a quarterly rise of 7.14 %. In summary, Automotive Stampings and Assemblies 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. 212.251 Cr | Rs. 191.946 Cr | Rs. 197.108 Cr | + 2.69 % | -7.13 % |
Expenses | Rs. 200.71 Cr | Rs. 179.65 Cr | Rs. 185.74 Cr | + 3.39 % | -7.46 % |
Operating Profit | Rs. 11.54 Cr | Rs. 12.3 Cr | Rs. 11.37 Cr | -7.56 % | -1.47 % |
Net Profit | Rs. 3.99 Cr | Rs. 3.99 Cr | Rs. 4.28 Cr | + 7.27 % | + 7.27 % |
EPS in Rs | Rs. 2.51 | Rs. 2.52 | Rs. 2.7 | + 7.14 % | + 7.57 % |
In reviewing Automotive Stampings and Assemblies Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -7.13 % year-on-year, however, there was a minor increase of 2.69 % from the previous quarter. Expenses decreased by -7.46 % compared to the previous year, with a 3.39 % increase quarter-on-quarter. Operating Profit dropped by -1.47 % annually, and saw a -7.56 % decrease from the last quarter.
Net Profit showed yearly increase of 7.27 %, and experienced a 7.27 % increase from the previous quarter. Earnings Per Share (EPS) rose by 7.57 % annually, however rose by 7.14 % compared to the last quarter. In essence, while Automotive Stampings and Assemblies 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.
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