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Highlights
- Sales over the Year and quarter: The company’s sales declined by -8.24 % over the year, decrease in net sales/revenue by -25.71 %.
- 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 56.25 %. Marginal increase in other income during this quarter, up by 212.5%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Ashram Online.com Ltd. Profit dropped by -167.37 % Year to Year, Ashram Online.com Ltd’s profitability dropped by -455.56 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -168.75 % Year to Year. EPS decreased by -466.67 % in previous quarter. Analysis needed for shareholder value.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 0.085 Cr | Rs. 0.105 Cr | Rs. 0.078 Cr | -25.71 % | -8.24 % |
Expenses | Rs. 0.42 Cr | Rs. 0.21 Cr | Rs. 0.18 Cr | -14.29 % | -57.14 % |
Operating Profit | Rs. -0.34 Cr | Rs. -0.11 Cr | Rs. -0.1 Cr | + 9.09 % | + 70.59 % |
OPM % | -400 % | -104.76 % | -128.21 % | -23.45 % | + 271.79 % |
Other Income | Rs. 0.16 Cr | Rs. 0.08 Cr | Rs. 0.25 Cr | + 212.5 % | + 56.25 % |
Interest | Rs. 0.01 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Depreciation | Rs. 0.01 Cr | Rs. 0.01 Cr | Rs. 0.01 Cr | + 0 % | + 0 % |
Profit before tax | Rs. -0.2 Cr | Rs. -0.04 Cr | Rs. 0.14 Cr | + 450 % | + 170 % |
Tax % | -1.06 % | -38.46 % | 5.88 % | + 44.34 % | + 6.94 % |
Net Profit | Rs. -0.19 Cr | Rs. -0.04 Cr | Rs. 0.13 Cr | + 425 % | + 168.42 % |
EPS in Rs | Rs. -0.16 | Rs. -0.03 | Rs. 0.11 | + 466.67 % | + 168.75 % |
Today, we’re looking at Ashram Online.com Ltd’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -8.24 %. However, it did see a marginal slip of -25.71 % from the previous quarter. Expenses decreased slightly by -14.29 % quarter-on-quarter, aligning with the annual decline of -57.14 %. Operating profit, while up 70.59 % compared to last year, faced a quarter-on-quarter increase of 9.09 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 271.79 %, but a shrinkage of -23.45 % sequentially. Other income rose by 212.5 % compared to the last quarter, despite an annual growth of 56.25 %. 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 170 % but saw an increase from the preceding quarter by 450 %.
Tax expenses as a percentage of profits increased slightly by 6.94 % compared to last year, with a more notable quarter-on-quarter increase of 44.34 %. Net profit rose by 168.42 % year-on-year but experienced a 425 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 168.75 % but a quarterly rise of 466.67 %. In summary, Ashram Online.com Ltd’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. 0.085 Cr | Rs. 0.105 Cr | Rs. 0.078 Cr | -25.71 % | -8.24 % |
Expenses | Rs. 0.42 Cr | Rs. 0.21 Cr | Rs. 0.18 Cr | -14.29 % | -57.14 % |
Operating Profit | Rs. -0.34 Cr | Rs. -0.11 Cr | Rs. -0.1 Cr | + 9.09 % | + 70.59 % |
Net Profit | Rs. -0.19 Cr | Rs. -0.04 Cr | Rs. 0.13 Cr | + 425 % | + 168.42 % |
EPS in Rs | Rs. -0.16 | Rs. -0.03 | Rs. 0.11 | + 466.67 % | + 168.75 % |
In reviewing Ashram Online.com Ltd’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -8.24 % year-on-year, although there was a slight dip of -25.71 % from the previous quarter. Expenses decreased by -57.14 % compared to the previous year, with a decrease of -14.29 % quarter-on-quarter. Operating Profit surged by 70.59 % annually, and saw a 9.09 % increase from the last quarter.
Net Profit showed yearly increase of 168.42 %, and experienced a 425 % increase from the previous quarter. Earnings Per Share (EPS) rose by 168.75 % annually, however rose by 466.67 % compared to the last quarter. In essence, while Ashram Online.com Ltd 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.