Share the post "Oswal Agro Mills : Q4 2024 Financial Quarterly Report : YoY Sales Down 97.34 %, QoQ Up 39.14 %"
Highlights
- Sales over the Year and quarter: The company’s sales declined by -97.34 % over the year, substantial increase in net sales/revenue by 39.14 %.
- 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 38.42 %. Marginal increase in other income during this quarter, up by 191.36%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Oswal Agro Mills Limited. Profit dropped by -160.58 % Year to Year, Oswal Agro Mills Limited’s profitability dropped by -787.95 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -164.29 % Year to Year. EPS increased by 800 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 23.156 Cr | Rs. 0.442 Cr | Rs. 0.615 Cr | + 39.14 % | -97.34 % |
Expenses | Rs. 25.45 Cr | Rs. 2.44 Cr | Rs. 1.93 Cr | -20.9 % | -92.42 % |
Operating Profit | Rs. -2.29 Cr | Rs. -2 Cr | Rs. -1.32 Cr | + 34 % | + 42.36 % |
OPM % | -9.89 % | -452.49 % | -214.63 % | + 237.86 % | -204.74 % |
Other Income | Rs. 3.41 Cr | Rs. 1.62 Cr | Rs. 4.72 Cr | + 191.36 % | + 38.42 % |
Interest | Rs. 0.04 Cr | Rs. 0.02 Cr | Rs. 0.04 Cr | + 100 % | + 0 % |
Depreciation | Rs. 0.09 Cr | Rs. 0.09 Cr | Rs. 0.09 Cr | + 0 % | + 0 % |
Profit before tax | Rs. 0.99 Cr | Rs. -0.49 Cr | Rs. 3.27 Cr | + 767.35 % | + 230.3 % |
Tax % | 329.55 % | 45.17 % | 119.02 % | + 73.85 % | -210.53 % |
Net Profit | Rs. -1.89 Cr | Rs. -0.17 Cr | Rs. 1.14 Cr | + 770.59 % | + 160.32 % |
EPS in Rs | Rs. -0.14 | Rs. 0.01 | Rs. 0.09 | + 800 % | + 164.29 % |
Today, we’re looking at Oswal Agro Mills Limited’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -97.34 %. However, it did see a marginal increase of 39.14 % from the previous quarter. Expenses decreased slightly by -20.9 % quarter-on-quarter, aligning with the annual decline of -92.42 %. Operating profit, while up 42.36 % compared to last year, faced a quarter-on-quarter increase of 34 %, 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 -204.74 %, but an expansion of 237.86 % sequentially. Other income rose by 191.36 % compared to the last quarter, despite an annual growth of 38.42 %. Interest expenses surged remarkably by 100 % from the previous quarter, yet the year-over-year increase remains at a moderate 0 %. Depreciation costs climbed by 0 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0 %. Profit before tax grew annually by 230.3 % but saw an increase from the preceding quarter by 767.35 %.
Tax expenses as a percentage of profits decreased slightly by -210.53 % compared to last year, with a more notable quarter-on-quarter increase of 73.85 %. Net profit rose by 160.32 % year-on-year but experienced a 770.59 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 164.29 % but a quarterly rise of 800 %. In summary, Oswal Agro Mills 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. 23.156 Cr | Rs. 0.442 Cr | Rs. 0.615 Cr | + 39.14 % | -97.34 % |
Expenses | Rs. 25.45 Cr | Rs. 2.44 Cr | Rs. 1.93 Cr | -20.9 % | -92.42 % |
Operating Profit | Rs. -2.29 Cr | Rs. -2 Cr | Rs. -1.32 Cr | + 34 % | + 42.36 % |
Net Profit | Rs. -1.89 Cr | Rs. -0.17 Cr | Rs. 1.14 Cr | + 770.59 % | + 160.32 % |
EPS in Rs | Rs. -0.14 | Rs. 0.01 | Rs. 0.09 | + 800 % | + 164.29 % |
In reviewing Oswal Agro Mills Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -97.34 % year-on-year, however, there was a minor increase of 39.14 % from the previous quarter. Expenses decreased by -92.42 % compared to the previous year, with a decrease of -20.9 % quarter-on-quarter. Operating Profit surged by 42.36 % annually, and saw a 34 % increase from the last quarter.
Net Profit showed yearly increase of 160.32 %, and experienced a 770.59 % increase from the previous quarter. Earnings Per Share (EPS) rose by 164.29 % annually, however rose by 800 % compared to the last quarter. In essence, while Oswal Agro Mills 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.