Uni Abex Alloy Products Q1 Results Live: Uni Abex Alloy Products announced its Q1 results on August 8, 2024, revealing a mixed financial performance. The company’s top line saw a 5.93% year-over-year (YoY) decline, while profit declined 15.47% YoY. Despite these year-over-year declines, the results showed a significant recovery compared to the previous quarter, with revenue growing 30.85% and profit up 111.22%.
The company’s selling, general, and administrative (SG&A) expenses reflected a mixed trend. While there was a decrease of 12.52% compared to the previous quarter, these expenses increased by 24.95% compared to the same period last year. This indicates that the company has been able to manage its operating costs more efficiently in the short term, but has faced challenges in the long term.
Uni Abex Alloy Products’ operating income also showed a dual trend. It rose a solid 143.31% quarter-on-quarter, highlighting significant operational improvements since the last quarter. However, on a year-on-year basis, operating income declined by 23.22%, indicating underlying challenges that the company needs to address.
Earnings per share (EPS) stood at ₹36.74 in the first quarter, down 15.46% year-over-year. This decline in earnings per share is in line with the overall decline in earnings, reflecting the company’s current financial challenges.
In terms of market performance, Uni Abex Alloy Products has returned -5.02% over the past week, returned -22.95% over the past six months, and returned -13.22% on a year-to-date (YTD) basis. These figures suggest that the stock has underperformed the market, which could be attributed to the financial results and overall market conditions.
As of now, Uni Abex Alloy Products has a market capitalization of ₹530.34 crores. The company’s 52-week high stands at ₹3998.9, while the 52-week low is ₹1485.5, indicating significant volatility in its share price over the past year.
Financial data of Uni Abex alloy products
| Period | Q1 | Q4 | Quarterly growth | Q1 | Year-on-year growth |
|---|---|---|---|---|---|
| Total revenue | 43.98 | 33.61 | +30.85% | 46.75 | -5.93% |
| Total selling/general/administrative expenses | 3.24 | 3.7 | -12.52% | 2.59 | +24.95% |
| Depreciation/Amortization | 1.15 | 1.25 | -8.06% | 0.9 | +27.51% |
| Total operating expenses | 35.45 | 30.11 | +17.76% | 35.65 | -0.54% |
| Operating income | 8.52 | 3.5 | +143.31% | 11.1 | -23.22% |
| Net income before taxes | 9.75 | 4.68 | +108.46% | 11.64 | -16.24% |
| Net income | 7.26 | 3.44 | +111.22% | 8.58 | -15.47% |
| Normalized diluted EPS | 36.74 | 17.39 | +111.27% | 43.46 | -15.46% |
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