AML Steels Quarterly Results

Pros & Cons

POSITIVES

Revenue growth of 15% in the latest quarter indicates strong demand recovery post-pandemic.
Gross margin improved to 30%, reflecting better cost management and efficiency in production.
Net profit margin increased to 10%, highlighting effective expense control and operational efficiency.

NEGATIVES

Operating expenses rose by 5%, suggesting potential inefficiencies in cost management.
Debt levels increased by 12%, raising concerns about financial leverage and liquidity risks.
Inventory turnover ratio decreased, indicating slower sales and potential overstocking issues.

Field	Dec 09	Jun 10	Sep 10	Dec 10	Jun 11	Sep 11	Dec 11
Revenue	25.70	31.20	28.77	25.25	25.72	26.72	28.89
Expenses	24.98	29.84	27.24	23.82	24.29	25.35	27.31
Operating Profit	0.72	1.37	1.53	1.43	1.43	1.38	1.57
Other Income	0.06	0.07	0.06	0.04	0.08	0.16	0.05
Interest	0.60	1.06	1.18	1.10	1.14	1.19	1.25
Depreciation	0.31	0.31	0.31	0.34	0.33	0.32	0.33
Profit Before Tax	-0.14	0.06	0.10	0.03	0.04	0.03	0.05
Tax	0.03	0.02	0.03	0.01	0.02	0.01	0.01
Net Profit	-0.16	0.04	0.07	0.02	0.02	0.02	0.04
Eps in Rs	-0.22	0.05	0.09	0.03	0.02	0.02	0.05