Share the post "Nicco Parks And Resorts Ltd.’s Quarterly Result and Earnings Report for Q4(Mar 2024) : Sales decreased by 3.01 % in YoY and increased by 4.36 % in QoQ"
Highlights
- Sales over the Year and quarter: The company’s sales declined by -3.01 % over the year, substantial increase in net sales/revenue by 4.36 %.
- 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 72.96 %. Marginal increase in other income during this quarter, up by 40.31%.
- Profit over the Year and quarter: Significant improvement in profitability for Nicco Parks And Resorts Ltd.. Notable increase of 35.23 % in net profit Year to Year, Nicco Parks And Resorts Ltd.’s profitability increased by 17.45 % in this quarter.
- EPS over the Year and quarter: EPS increased by 35.90 % Year to Year. EPS increased by 17.78 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 18.892 Cr | Rs. 17.558 Cr | Rs. 18.324 Cr | + 4.36 % | -3.01 % |
Expenses | Rs. 14.96 Cr | Rs. 13.01 Cr | Rs. 13.84 Cr | + 6.38 % | -7.49 % |
Operating Profit | Rs. 3.93 Cr | Rs. 4.55 Cr | Rs. 4.48 Cr | -1.54 % | + 13.99 % |
OPM % | 20.8 % | 25.91 % | 24.45 % | -1.46 % | + 3.65 % |
Other Income | Rs. 1.59 Cr | Rs. 1.96 Cr | Rs. 2.75 Cr | + 40.31 % | + 72.96 % |
Interest | Rs. 0.05 Cr | Rs. 0 Cr | Rs. 0 Cr | + 0 % | + 0 % |
Depreciation | Rs. 0.59 Cr | Rs. 0.68 Cr | Rs. 0.69 Cr | + 1.47 % | + 16.95 % |
Profit before tax | Rs. 4.88 Cr | Rs. 5.83 Cr | Rs. 6.54 Cr | + 12.18 % | + 34.02 % |
Tax % | 29.1 % | 33.89 % | 33.42 % | -0.47 % | + 4.32 % |
Net Profit | Rs. 3.65 Cr | Rs. 4.21 Cr | Rs. 4.94 Cr | + 17.34 % | + 35.34 % |
EPS in Rs | Rs. 0.78 | Rs. 0.9 | Rs. 1.06 | + 17.78 % | + 35.9 % |
Today, we’re looking at Nicco Parks And Resorts 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 -3.01 %. However, it did see a marginal increase of 4.36 % from the previous quarter. Expenses ticked up slightly by 6.38 % quarter-on-quarter, aligning with the annual decline of -7.49 %. Operating profit, while up 13.99 % compared to last year, faced a quarter-on-quarter dip of -1.54 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 3.65 %, but a shrinkage of -1.46 % sequentially. Other income rose by 40.31 % compared to the last quarter, despite an annual growth of 72.96 %. Interest expenses surged remarkably by 9.92 % from the previous quarter, yet the year-over-year increase remains at a moderate 11.41 %. Depreciation costs climbed by 1.47 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 16.95 %. Profit before tax grew annually by 34.02 % but saw an increase from the preceding quarter by 12.18 %.
Tax expenses as a percentage of profits increased slightly by 4.32 % compared to last year, with a more notable quarter-on-quarter decrease of -0.47 %. Net profit rose by 35.34 % year-on-year but experienced a 17.34 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 35.9 % but a quarterly rise of 17.78 %. In summary, Nicco Parks And Resorts 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. 18.892 Cr | Rs. 17.558 Cr | Rs. 18.324 Cr | + 4.36 % | -3.01 % |
Expenses | Rs. 14.96 Cr | Rs. 13.01 Cr | Rs. 13.84 Cr | + 6.38 % | -7.49 % |
Operating Profit | Rs. 3.93 Cr | Rs. 4.55 Cr | Rs. 4.48 Cr | -1.54 % | + 13.99 % |
Net Profit | Rs. 3.65 Cr | Rs. 4.21 Cr | Rs. 4.94 Cr | + 17.34 % | + 35.34 % |
EPS in Rs | Rs. 0.78 | Rs. 0.9 | Rs. 1.06 | + 17.78 % | + 35.9 % |
In reviewing Nicco Parks And Resorts Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -3.01 % year-on-year, however, there was a minor increase of 4.36 % from the previous quarter. Expenses decreased by -7.49 % compared to the previous year, with a 6.38 % increase quarter-on-quarter. Operating Profit surged by 13.99 % annually, and saw a -1.54 % decrease from the last quarter.
Net Profit showed yearly increase of 35.34 %, and experienced a 17.34 % increase from the previous quarter. Earnings Per Share (EPS) rose by 35.9 % annually, however rose by 17.78 % compared to the last quarter. In essence, while Nicco Parks And Resorts 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.