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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 8.75 % in the past year, substantial increase in net sales/revenue by 4.62 %.
- 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 82.92 %. Marginal increase in other income during this quarter, up by 68.5%.
- Profit over the Year and quarter: Significant improvement in profitability for Indo Amines Limited. Notable increase of 58.92 % in net profit Year to Year, Indo Amines Limited’s profitability increased by 111.79 % in this quarter.
- EPS over the Year and quarter: EPS increased by 62.65 % Year to Year. EPS increased by 104.55 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 243.617 Cr | Rs. 253.237 Cr | Rs. 264.934 Cr | + 4.62 % | + 8.75 % |
| Expenses | Rs. 221.98 Cr | Rs. 235.8 Cr | Rs. 237.41 Cr | + 0.68 % | + 6.95 % |
| Operating Profit | Rs. 21.64 Cr | Rs. 17.44 Cr | Rs. 27.52 Cr | + 57.8 % | + 27.17 % |
| OPM % | 8.88 % | 6.89 % | 10.39 % | + 3.5 % | + 1.51 % |
| Other Income | Rs. 4.185 Cr | Rs. 4.543 Cr | Rs. 7.655 Cr | + 68.5 % | + 82.92 % |
| Interest | Rs. 5.66 Cr | Rs. 5.15 Cr | Rs. 5.37 Cr | + 4.27 % | -5.12 % |
| Depreciation | Rs. 3.59 Cr | Rs. 4.3 Cr | Rs. 4.18 Cr | -2.79 % | + 16.43 % |
| Profit before tax | Rs. 16.58 Cr | Rs. 12.53 Cr | Rs. 25.63 Cr | + 104.55 % | + 54.58 % |
| Tax % | 26.69 % | 27.21 % | 24.68 % | -2.53 % | -2.01 % |
| Net Profit | Rs. 12.15 Cr | Rs. 9.12 Cr | Rs. 19.31 Cr | + 111.73 % | + 58.93 % |
| EPS in Rs | Rs. 1.66 | Rs. 1.32 | Rs. 2.7 | + 104.55 % | + 62.65 % |
Today, we’re looking at Indo Amines 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 8.75 %. However, it did see a marginal increase of 4.62 % from the previous quarter. Expenses ticked up slightly by 0.68 % quarter-on-quarter, aligning with the annual rise of 6.95 %. Operating profit, while up 27.17 % compared to last year, faced a quarter-on-quarter increase of 57.8 %, 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 1.51 %, but an expansion of 3.5 % sequentially. Other income rose by 68.5 % compared to the last quarter, despite an annual growth of 82.92 %. Interest expenses surged remarkably by 4.27 % from the previous quarter, yet the year-over-year decrease remains at a moderate -5.12 %. Depreciation costs fell by -2.79 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 16.43 %. Profit before tax grew annually by 54.58 % but saw an increase from the preceding quarter by 104.55 %.
Tax expenses as a percentage of profits decreased slightly by -2.01 % compared to last year, with a more notable quarter-on-quarter decrease of -2.53 %. Net profit rose by 58.93 % year-on-year but experienced a 111.73 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 62.65 % but a quarterly rise of 104.55 %. In summary, Indo Amines 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. 243.617 Cr | Rs. 253.237 Cr | Rs. 264.934 Cr | + 4.62 % | + 8.75 % |
| Expenses | Rs. 221.98 Cr | Rs. 235.8 Cr | Rs. 237.41 Cr | + 0.68 % | + 6.95 % |
| Operating Profit | Rs. 21.64 Cr | Rs. 17.44 Cr | Rs. 27.52 Cr | + 57.8 % | + 27.17 % |
| Net Profit | Rs. 12.15 Cr | Rs. 9.12 Cr | Rs. 19.31 Cr | + 111.73 % | + 58.93 % |
| EPS in Rs | Rs. 1.66 | Rs. 1.32 | Rs. 2.7 | + 104.55 % | + 62.65 % |
In reviewing Indo Amines Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 8.75 % year-on-year growth, however, there was a minor increase of 4.62 % from the previous quarter. Expenses rose by 6.95 % compared to the previous year, with a 0.68 % increase quarter-on-quarter. Operating Profit surged by 27.17 % annually, and saw a 57.8 % increase from the last quarter.
Net Profit showed yearly increase of 58.93 %, and experienced a 111.73 % increase from the previous quarter. Earnings Per Share (EPS) rose by 62.65 % annually, however rose by 104.55 % compared to the last quarter. In essence, while Indo Amines 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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