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Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company’s sales declined by -14.71 % over the year, decrease in net sales/revenue by -30.87 %.
- Profit over the Year and quarter: Challenges in sustaining profitability for Add-Shop E-Retail Limited. Profit dropped by -78.16 % Year to Year, Add-Shop E-Retail Limited’s profitability dropped by -116.49 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -77.96 % Year to Year. EPS decreased by -116.6 % 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. 47.321 Cr | Rs. 58.383 Cr | Rs. 40.361 Cr | -30.87 % | -14.71 % |
Expenses | Rs. 39.91 Cr | Rs. 67.98 Cr | Rs. 38.27 Cr | -43.7 % | -4.11 % |
Operating Profit | Rs. 7.41 Cr | Rs. -9.6 Cr | Rs. 2.09 Cr | + 121.77 % | -71.79 % |
OPM % | 15.66 % | -16.44 % | 5.18 % | + 21.62 % | -10.48 % |
Other Income | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Interest | Rs. 0.23 Cr | Rs. 0.28 Cr | Rs. 0.35 Cr | + 25 % | + 52.17 % |
Depreciation | Rs. 0.13 Cr | Rs. 0.1 Cr | Rs. 0.14 Cr | + 40 % | + 7.69 % |
Profit before tax | Rs. 7.05 Cr | Rs. -9.98 Cr | Rs. 1.6 Cr | + 116.03 % | -77.3 % |
Tax % | 25.17 % | -29.97 % | 28.09 % | + 58.06 % | + 2.92 % |
Net Profit | Rs. 5.27 Cr | Rs. -6.99 Cr | Rs. 1.15 Cr | + 116.45 % | -78.18 % |
EPS in Rs | Rs. 1.86 | Rs. -2.47 | Rs. 0.41 | + 116.6 % | -77.96 % |
Today, we’re looking at Add-Shop E-Retail Limited’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -14.71 %. However, it did see a marginal slip of -30.87 % from the previous quarter. Expenses decreased slightly by -43.7 % quarter-on-quarter, aligning with the annual decline of -4.11 %. Operating profit, while down -71.79 % compared to last year, faced a quarter-on-quarter increase of 121.77 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -10.48 %, but an expansion of 21.62 % sequentially. Interest expenses surged remarkably by 25 % from the previous quarter, yet the year-over-year increase remains at a moderate 52.17 %. Depreciation costs climbed by 40 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 7.69 %. Profit before tax declined annually by -77.3 % but saw an increase from the preceding quarter by 116.03 %.
Tax expenses as a percentage of profits increased slightly by 2.92 % compared to last year, with a more notable quarter-on-quarter increase of 58.06 %. Net profit fell by -78.18 % year-on-year but experienced a 116.45 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -77.96 % but a quarterly rise of 116.6 %. In summary, Add-Shop E-Retail 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. 47.321 Cr | Rs. 58.383 Cr | Rs. 40.361 Cr | -30.87 % | -14.71 % |
Expenses | Rs. 39.91 Cr | Rs. 67.98 Cr | Rs. 38.27 Cr | -43.7 % | -4.11 % |
Operating Profit | Rs. 7.41 Cr | Rs. -9.6 Cr | Rs. 2.09 Cr | + 121.77 % | -71.79 % |
Net Profit | Rs. 5.27 Cr | Rs. -6.99 Cr | Rs. 1.15 Cr | + 116.45 % | -78.18 % |
EPS in Rs | Rs. 1.86 | Rs. -2.47 | Rs. 0.41 | + 116.6 % | -77.96 % |
In reviewing Add-Shop E-Retail Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -14.71 % year-on-year, although there was a slight dip of -30.87 % from the previous quarter. Expenses decreased by -4.11 % compared to the previous year, with a decrease of -43.7 % quarter-on-quarter. Operating Profit dropped by -71.79 % annually, and saw a 121.77 % increase from the last quarter.
Net Profit showed yearly decrease of -78.18 %, and experienced a 116.45 % increase from the previous quarter. Earnings Per Share (EPS) fell by -77.96 % annually, however rose by 116.6 % compared to the last quarter. In essence, while Add-Shop E-Retail Limited faces strong annual decline 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.
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