Aro Granite Industries Ltd Q1 FY24 Share Price & Earnings Call Analysis

Financials of Aro Granite Industries Ltd

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Financials of Aro Granite Industries Ltd

Quarterly Results

Quarter-by-quarter operating performance

Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Sales +46.9651.4337.4233.3532.9037.5528.6130.1226.8127.0420.2714.6911.52
Expenses +39.9342.9631.8626.5824.9232.4428.5529.6926.1021.4519.8116.4514.31
Operating Profit7.038.475.566.777.985.110.060.430.715.590.46-1.76-2.79
OPM %14.97%16.47%14.86%20.30%24.26%13.61%0.21%1.43%2.65%20.67%2.27%-11.98%-24.22%
Other Income +0.050.591.300.210.351.18-2.085.415.140.443.865.042.48
Interest3.723.883.503.715.013.543.092.973.273.484.273.783.58
Depreciation3.202.942.922.922.942.602.362.502.482.452.452.422.50
Profit before tax0.162.240.440.350.380.15-7.470.370.100.10-2.40-2.92-6.39
Tax %-200.00%41.07%11.36%77.14%5.26%-400.00%-3.61%102.70%70.00%40.00%3.33%1.71%0.31%
Net Profit +0.491.320.390.080.360.75-7.20-0.000.020.06-2.49-2.97-6.41
EPS in Rs0.320.860.250.050.240.49-4.71-0.000.010.04-1.63-1.94-4.19

Financials of Aro Granite Industries Ltd

Profit & Loss

Annual income statement trend

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Sales +25321323719917117717922416315412374
Expenses +22419320718614815915519414412311672
Operating Profit2920291324192430193162
OPM %11%9%12%6%14%10%13%13%12%20%5%2%
Other Income +51112311101012
Interest6554565813161315
Depreciation9999811111313121010
Profit before tax197161135811-63-7-12
Tax %12%14%23%9%22%30%24%17%-2%61%-6%2%
Net Profit +17613110469-61-6-12
EPS in Rs10.913.838.250.766.352.363.955.82-3.780.86-4.20-7.73
Dividend Payout %9%26%12%-0%16%-0%-0%-0%-0%-0%-0%-0%

Financials of Aro Granite Industries Ltd

Balance Sheet

Capital structure and asset base

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital151515151515151515151515
Reserves139143154155165166172181175177171159
Borrowings +11911510293129159168199205189160152
Other Liabilities +363537413454485655647469
Total Liabilities310309308304343395404451450445420394
Fixed Assets +7473919090139174163160149139128
CWIP721262342181111
Investments000111111110
Other Assets +229216215207230213228280288294279264
Total Assets310309308304343395404451450445420394

Financials of Aro Granite Industries Ltd

Cash Flows

Operating, investing and financing cash movement

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity +0211622-3631-1814353317
Cash from Investing Activity +-4-24-7-11-26-78-4-6-3003
Cash from Financing Activity +8-5-15-113212324-15-32-34-16
Net Cash Flow5-9-602-3-1-0-43-04
Free Cash Flow-8-11622-30-15-4-2511353319
CFO/OP17%112%68%189%-3%351%6%-57%78%114%518%1,115%

Financials of Aro Granite Industries Ltd

Ratios

Working capital efficiency and return ratios

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days122138127128122121131119137117104112
Inventory Days2583063734136217257597931,2991,6231,3422,052
Days Payable4349548879158150148233306307437
Cash Conversion Cycle3373964464536646887397641,2041,4351,1391,726
Working Capital Days10513112813911868115151210220232353
ROCE %10%4%8%2%6%3%4%5%2%5%2%1%