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Devine Impex : Q4 2024 Financial Quarterly Report : YoY Sales Up 12.58 %, QoQ Up 325.41 %

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Highlights

  • Sales over the Year and quarter: The company experienced a substantial growth of 12.58 % in the past year, substantial increase in net sales/revenue by 325.41 %.
  • Income over the Year and quarter:
  • Profit over the Year and quarter: Challenges in sustaining profitability for Devine Impex Limited. Profit dropped by -61.11 % Year to Year, Devine Impex Limited’s profitability dropped by -74.07 % Quarter to Quarter.
  • EPS over the Year and quarter: EPS declined by -75.00 % Year to Year. EPS decreased by -83.33 % in previous quarter. Analysis needed for shareholder value.

The comprehensive analytics outlining the performance and outlook of Devine Impex Limited”s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 0.922 Cr Rs. 0.244 Cr Rs. 1.038 Cr + 325.41 % + 12.58 %
Expenses Rs. 0.87 Cr Rs. 0.18 Cr Rs. 1.02 Cr + 466.67 % + 17.24 %
Operating Profit Rs. 0.05 Cr Rs. 0.06 Cr Rs. 0.02 Cr -66.67 % -60 %
OPM % 5.42 % 24.59 % 1.93 % -22.66 % -3.49 %
Other Income Rs. 0 Cr Rs. -0 Cr Rs. -0 Cr 0 % 0 %
Interest Rs. 0 Cr Rs. 0 Cr Rs. 0 Cr 0 % 0 %
Depreciation Rs. 0 Cr Rs. 0 Cr Rs. 0 Cr 0 % 0 %
Profit before tax Rs. 0.05 Cr Rs. 0.06 Cr Rs. 0.02 Cr -66.67 % -60 %
Tax % 26.53 % 14.29 % 26.32 % + 12.03 % -0.21 %
Net Profit Rs. 0.04 Cr Rs. 0.05 Cr Rs. 0.01 Cr -80 % -75 %
EPS in Rs Rs. 0.04 Rs. 0.06 Rs. 0.01 -83.33 % -75 %


Today, we’re looking at Devine Impex Limited’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 12.58 %. However, it did see a marginal increase of 325.41 % from the previous quarter. Expenses ticked up slightly by 466.67 % quarter-on-quarter, aligning with the annual rise of 17.24 %. Operating profit, while down -60 % compared to last year, faced a quarter-on-quarter dip of -66.67 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -3.49 %, but a shrinkage of -22.66 % sequentially. Profit before tax declined annually by -60 % but saw a reduction from the preceding quarter by -66.67 %.
Tax expenses as a percentage of profits decreased slightly by -0.21 % compared to last year, with a more notable quarter-on-quarter increase of 12.03 %. Net profit fell by -75 % year-on-year but witnessed a -80 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -75 % but a quarterly fall of -83.33 %. In summary, Devine Impex Limited’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. 0.922 Cr Rs. 0.244 Cr Rs. 1.038 Cr + 325.41 % + 12.58 %
Expenses Rs. 0.87 Cr Rs. 0.18 Cr Rs. 1.02 Cr + 466.67 % + 17.24 %
Operating Profit Rs. 0.05 Cr Rs. 0.06 Cr Rs. 0.02 Cr -66.67 % -60 %
Net Profit Rs. 0.04 Cr Rs. 0.05 Cr Rs. 0.01 Cr -80 % -75 %
EPS in Rs Rs. 0.04 Rs. 0.06 Rs. 0.01 -83.33 % -75 %


In reviewing Devine Impex Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 12.58 % year-on-year growth, however, there was a minor increase of 325.41 % from the previous quarter. Expenses rose by 17.24 % compared to the previous year, with a 466.67 % increase quarter-on-quarter. Operating Profit dropped by -60 % annually, and saw a -66.67 % decrease from the last quarter.
Net Profit showed yearly decrease of -75 %, and experienced a -80 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -75 % annually, however dipped by -83.33 % compared to the last quarter. In essence, while Devine Impex Limited faces strong annual decline indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.

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