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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 -5.88 % over the year, substantial increase in net sales/revenue by 40.34 %.
- 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 165.01 %. Marginal increase in other income during this quarter, up by 189.03%.
- Profit over the Year and quarter: Challenges in sustaining profitability for N R Agarwal Industries Limited. Profit dropped by -91.61 % Year to Year, N R Agarwal Industries Limited’s profitability dropped by -78.27 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -91.61 % Year to Year. EPS decreased by -78.26 % 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. 368.671 Cr | Rs. 247.241 Cr | Rs. 346.979 Cr | + 40.34 % | -5.88 % |
Expenses | Rs. 322.06 Cr | Rs. 213.33 Cr | Rs. 319.13 Cr | + 49.59 % | -0.91 % |
Operating Profit | Rs. 46.61 Cr | Rs. 33.91 Cr | Rs. 27.85 Cr | -17.87 % | -40.25 % |
OPM % | 12.64 % | 13.72 % | 8.03 % | -5.69 % | -4.61 % |
Other Income | Rs. 2.804 Cr | Rs. 2.571 Cr | Rs. 7.431 Cr | + 189.03 % | + 165.01 % |
Interest | Rs. 1.78 Cr | Rs. 5.16 Cr | Rs. 13.24 Cr | + 156.59 % | + 643.82 % |
Depreciation | Rs. 8.96 Cr | Rs. 10.38 Cr | Rs. 16.14 Cr | + 55.49 % | + 80.13 % |
Profit before tax | Rs. 38.67 Cr | Rs. 20.94 Cr | Rs. 5.9 Cr | -71.82 % | -84.74 % |
Tax % | 4.86 % | 25.2 % | 42.4 % | + 17.2 % | + 37.54 % |
Net Profit | Rs. 40.56 Cr | Rs. 15.66 Cr | Rs. 3.4 Cr | -78.29 % | -91.62 % |
EPS in Rs | Rs. 23.83 | Rs. 9.2 | Rs. 2 | -78.26 % | -91.61 % |
Today, we’re looking at N R Agarwal Industries Limited’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -5.88 %. However, it did see a marginal increase of 40.34 % from the previous quarter. Expenses ticked up slightly by 49.59 % quarter-on-quarter, aligning with the annual decline of -0.91 %. Operating profit, while down -40.25 % compared to last year, faced a quarter-on-quarter dip of -17.87 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -4.61 %, but a shrinkage of -5.69 % sequentially. Other income rose by 189.03 % compared to the last quarter, despite an annual growth of 165.01 %. Interest expenses surged remarkably by 156.59 % from the previous quarter, yet the year-over-year increase remains at a moderate 643.82 %. Depreciation costs climbed by 55.49 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 80.13 %. Profit before tax declined annually by -84.74 % but saw a reduction from the preceding quarter by -71.82 %.
Tax expenses as a percentage of profits increased slightly by 37.54 % compared to last year, with a more notable quarter-on-quarter increase of 17.2 %. Net profit fell by -91.62 % year-on-year but witnessed a -78.29 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -91.61 % but a quarterly fall of -78.26 %. In summary, N R Agarwal 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. 368.671 Cr | Rs. 247.241 Cr | Rs. 346.979 Cr | + 40.34 % | -5.88 % |
Expenses | Rs. 322.06 Cr | Rs. 213.33 Cr | Rs. 319.13 Cr | + 49.59 % | -0.91 % |
Operating Profit | Rs. 46.61 Cr | Rs. 33.91 Cr | Rs. 27.85 Cr | -17.87 % | -40.25 % |
Net Profit | Rs. 40.56 Cr | Rs. 15.66 Cr | Rs. 3.4 Cr | -78.29 % | -91.62 % |
EPS in Rs | Rs. 23.83 | Rs. 9.2 | Rs. 2 | -78.26 % | -91.61 % |
In reviewing N R Agarwal Industries Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -5.88 % year-on-year, however, there was a minor increase of 40.34 % from the previous quarter. Expenses decreased by -0.91 % compared to the previous year, with a 49.59 % increase quarter-on-quarter. Operating Profit dropped by -40.25 % annually, and saw a -17.87 % decrease from the last quarter.
Net Profit showed yearly decrease of -91.62 %, and experienced a -78.29 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -91.61 % annually, however dipped by -78.26 % compared to the last quarter. In essence, while N R Agarwal Industries Limited faces strong annual decline indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.