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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 -56.25 % over the year, decrease in net sales/revenue by -72 %.
- 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 52.31 %. Marginal increase in other income during this quarter, up by 22.22%.
- Profit over the Year and quarter: Significant improvement in profitability for Avi Polymers Ltd.. Notable increase of 105.56 % in net profit Year to Year, Avi Polymers Ltd.’s profitability increased by 146.67 % in this quarter.
- EPS over the Year and quarter: EPS increased by 125.00 % Year to Year. EPS increased by 125 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 0.032 Cr | Rs. 0.05 Cr | Rs. 0.014 Cr | -72 % | -56.25 % |
Expenses | Rs. 0.07 Cr | Rs. 0.11 Cr | Rs. 0.06 Cr | -45.45 % | -14.29 % |
Operating Profit | Rs. -0.04 Cr | Rs. -0.06 Cr | Rs. -0.05 Cr | + 16.67 % | -25 % |
OPM % | -125 % | -120 % | -357.14 % | -237.14 % | -232.14 % |
Other Income | Rs. 0.065 Cr | Rs. 0.081 Cr | Rs. 0.099 Cr | + 22.22 % | + 52.31 % |
Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Depreciation | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Profit before tax | Rs. 0.03 Cr | Rs. 0.02 Cr | Rs. 0.05 Cr | + 150 % | + 66.67 % |
Tax % | 30.77 % | 25 % | 24.49 % | -0.51 % | -6.28 % |
Net Profit | Rs. 0.02 Cr | Rs. 0.02 Cr | Rs. 0.04 Cr | + 100 % | + 100 % |
EPS in Rs | Rs. 0.04 | Rs. 0.04 | Rs. 0.09 | + 125 % | + 125 % |
Today, we’re looking at Avi Polymers Ltd.’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 -56.25 %. However, it did see a marginal slip of -72 % from the previous quarter. Expenses decreased slightly by -45.45 % quarter-on-quarter, aligning with the annual decline of -14.29 %. Operating profit, while down -25 % compared to last year, faced a quarter-on-quarter increase of 16.67 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -232.14 %, but a shrinkage of -237.14 % sequentially. Other income rose by 22.22 % compared to the last quarter, despite an annual growth of 52.31 %. Profit before tax grew annually by 66.67 % but saw an increase from the preceding quarter by 150 %.
Tax expenses as a percentage of profits decreased slightly by -6.28 % compared to last year, with a more notable quarter-on-quarter decrease of -0.51 %. Net profit rose by 100 % year-on-year but experienced a 100 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 125 % but a quarterly rise of 125 %. In summary, Avi Polymers Ltd.’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. 0.032 Cr | Rs. 0.05 Cr | Rs. 0.014 Cr | -72 % | -56.25 % |
Expenses | Rs. 0.07 Cr | Rs. 0.11 Cr | Rs. 0.06 Cr | -45.45 % | -14.29 % |
Operating Profit | Rs. -0.04 Cr | Rs. -0.06 Cr | Rs. -0.05 Cr | + 16.67 % | -25 % |
Net Profit | Rs. 0.02 Cr | Rs. 0.02 Cr | Rs. 0.04 Cr | + 100 % | + 100 % |
EPS in Rs | Rs. 0.04 | Rs. 0.04 | Rs. 0.09 | + 125 % | + 125 % |
In reviewing Avi Polymers Ltd.’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -56.25 % year-on-year, although there was a slight dip of -72 % from the previous quarter. Expenses decreased by -14.29 % compared to the previous year, with a decrease of -45.45 % quarter-on-quarter. Operating Profit dropped by -25 % annually, and saw a 16.67 % increase from the last quarter.
Net Profit showed yearly increase of 100 %, and experienced a 100 % increase from the previous quarter. Earnings Per Share (EPS) rose by 125 % annually, however rose by 125 % compared to the last quarter. In essence, while Avi Polymers Ltd. 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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