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Highlights
- Sales over the Year and quarter: The company’s sales declined by -36.02 % over the year, decrease in net sales/revenue by -26.32 %.
- 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 13.22 %. Marginal increase in other income during this quarter, up by 5.76%.
- Profit over the Year and quarter: Challenges in sustaining profitability for N.R.Agarwal Industries Ltd.. Profit dropped by -21.22 % Year to Year, N.R.Agarwal Industries Ltd.’s profitability dropped by -50.17 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -21.23 % Year to Year. EPS decreased by -50.19 % 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. 386.416 Cr | Rs. 335.563 Cr | Rs. 247.241 Cr | -26.32 % | -36.02 % |
Expenses | Rs. 351.45 Cr | Rs. 287.77 Cr | Rs. 213.33 Cr | -25.87 % | -39.3 % |
Operating Profit | Rs. 34.97 Cr | Rs. 47.79 Cr | Rs. 33.91 Cr | -29.04 % | -3.03 % |
OPM % | 9.05 % | 14.24 % | 13.72 % | -0.52 % | + 4.67 % |
Other Income | Rs. 2.27 Cr | Rs. 2.43 Cr | Rs. 2.57 Cr | + 5.76 % | + 13.22 % |
Interest | Rs. 3.1 Cr | Rs. 2.22 Cr | Rs. 5.16 Cr | + 132.43 % | + 66.45 % |
Depreciation | Rs. 8.91 Cr | Rs. 9.16 Cr | Rs. 10.38 Cr | + 13.32 % | + 16.5 % |
Profit before tax | Rs. 25.23 Cr | Rs. 38.84 Cr | Rs. 20.94 Cr | -46.09 % | -17 % |
Tax % | 21.2 % | 19.1 % | 25.2 % | + 6.1 % | + 4 % |
Net Profit | Rs. 19.88 Cr | Rs. 31.43 Cr | Rs. 15.66 Cr | -50.17 % | -21.23 % |
EPS in Rs | Rs. 11.68 | Rs. 18.47 | Rs. 9.2 | -50.19 % | -21.23 % |
Today, we’re looking at N.R.Agarwal Industries Ltd.’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -36.02 %. However, it did see a marginal slip of -26.32 % from the previous quarter. Expenses decreased slightly by -25.87 % quarter-on-quarter, aligning with the annual decline of -39.3 %. Operating profit, while down -3.03 % compared to last year, faced a quarter-on-quarter dip of -29.04 %, 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 4.67 %, but a shrinkage of -0.52 % sequentially. Other income rose by 5.76 % compared to the last quarter, despite an annual growth of 13.22 %. Interest expenses surged remarkably by 132.43 % from the previous quarter, yet the year-over-year increase remains at a moderate 66.45 %. Depreciation costs climbed by 13.32 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 16.5 %. Profit before tax declined annually by -17 % but saw a reduction from the preceding quarter by -46.09 %.
Tax expenses as a percentage of profits increased slightly by 4 % compared to last year, with a more notable quarter-on-quarter increase of 6.1 %. Net profit fell by -21.23 % year-on-year but witnessed a -50.17 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -21.23 % but a quarterly fall of -50.19 %. In summary, N.R.Agarwal Industries 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. 386.416 Cr | Rs. 335.563 Cr | Rs. 247.241 Cr | -26.32 % | -36.02 % |
Expenses | Rs. 351.45 Cr | Rs. 287.77 Cr | Rs. 213.33 Cr | -25.87 % | -39.3 % |
Operating Profit | Rs. 34.97 Cr | Rs. 47.79 Cr | Rs. 33.91 Cr | -29.04 % | -3.03 % |
Net Profit | Rs. 19.88 Cr | Rs. 31.43 Cr | Rs. 15.66 Cr | -50.17 % | -21.23 % |
EPS in Rs | Rs. 11.68 | Rs. 18.47 | Rs. 9.2 | -50.19 % | -21.23 % |
In reviewing N.R.Agarwal Industries Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -36.02 % year-on-year, although there was a slight dip of -26.32 % from the previous quarter. Expenses decreased by -39.3 % compared to the previous year, with a decrease of -25.87 % quarter-on-quarter. Operating Profit dropped by -3.03 % annually, and saw a -29.04 % decrease from the last quarter.
Net Profit showed yearly decrease of -21.23 %, and experienced a -50.17 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -21.23 % annually, however dipped by -50.19 % compared to the last quarter. In essence, while N.R.Agarwal Industries Ltd. 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.