ARCL Organics Q1 Results Revenue Increase of ₹18.35 Crores

ARCL Organics Q1 Results: The ARCL Organics Q1 financial results show important changes in their earnings compared to previous periods. The total revenue for Jun 24 is ₹59.93 crores, which is a rise from ₹41.58 crores in Jun 23, indicating a positive year-over-year (YoY) growth. This shows that the company is earning more money compared to the same time last year. However, when looking at the quarter-on-quarter (QoQ) results, the revenue increased slightly from ₹46.44 crores in Mar 23 to ₹59.93 crores, but it is essential to note that this comparison is between two different quarters.

ARCL Organics’ selling, general, and admin expenses also went up, with the latest figure being ₹3.30 crores compared to ₹2.62 crores a year ago, reflecting a YoY increase. However, this increase in expenses could be a reason why the net income has dropped from ₹4.63 crores in Mar 23 to ₹2.77 crores in Jun 24, showing a decline both YoY and QoQ. The diluted normalized EPS also decreased from ₹5.78 in Mar 23 to ₹3.46 in Jun 24. This overall data shows that while ARCL Organics is growing YoY, they face challenges in the short term.

Here is the Q1 financial results summary for ARCL Organics, presented in a simple table format:

(Rs. in crores)

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ARCL Organics Q1 Results

The financial statement for ARCL Organics shows the company's performance for the three periods ending on June 30, 2024, March 31, 2024, and June 30, 2023. In the most recent quarter, the company earned ₹599.33 crores from its operations, which is higher than ₹415.80 crores from the same quarter last year. The total revenue, including other income, was ₹603.47 crores in June 2024, up from ₹420.05 crores in June 2023.

ARCL Organics’ total expenses for June 2024 were ₹567.50 crores, compared to ₹403.04 crores in June 2023. The main costs were materials, employee benefits, and other operational expenses. This led to a profit before tax of ₹35.97 crores, which decreased from ₹17.01 crores in June 2023.

ARCL Organics After paying taxes, which were ₹9.50 crores in June 2024, the net profit was ₹26.16 crores, down from ₹14.24 crores in the previous year. The earnings per share also decreased from ₹1.78 to ₹3.27. Overall, while the company increased its revenue, the higher expenses resulted in lower profits compared to the previous year.

Here's a summary of the standalone financial statement for ARCL Organics:

(Rs. in Lakhs)

ARCL Organics Stock Metrics

ARCL Organics table provides key financial information with a market capitalization of ₹ 95.6 crores, indicating its total value in the market. The current stock price is ₹ 120, which is the price investors pay to buy a share. The stock has a Price-to-Earnings (P/E) ratio of 7.43, suggesting it is relatively low compared to its earnings. The book value of ₹ 81.9 represents the company's value per share based on its assets. The company has a Return on Capital Employed (ROCE) of 20.9% and a Return on Equity (ROE) of 18.9%, showing good profitability.

Here’s a summary of the financial data you provided, formatted in a clear table:

Quarterly Results 

In the quarters of December 2023, March 2024, and June 2024, the company showed a mix of performance. Sales increased from 48.33 crores in December to 57.57 crores in March, and then to 59.93 crores in June, indicating strong growth. However, expenses also rose significantly, reaching 41.20 crores in December, 52.27 crores in March, and 54.14 crores in June. Operating profit was highest in December at 7.13 crores, but fell to 5.30 crores in March and slightly increased to 5.79 crores in June.

Here’s the data for the quarters Dec 2023, Mar 2024, and Jun 2024, along with the particulars:

(Consolidated Figures in Rs. Crores)

About ARCL Organics 

ARCL Organics is a company that has been making chemicals since 1959. It started as Allied Resins and Chemicals and changed its name after a merger in 2012. The company is known for its strong work in research and development, which helps it create high-quality products. ARCL makes important materials like formaldehyde and paraformaldehyde, which are used in many industries, including defense, aerospace, automotive, and more.

They export their products to over 50 countries around the world. ARCL is recognized by the Indian government as a Star Export House and has received many awards for its innovation. The company believes in continuous improvement and aims to provide the best solutions for its customers. With more than 60 years of experience, ARCL is a leader in the plywood industry and focuses on developing new products that can replace imports.