Supreme Holdings & Hospitality (India) Reports Q1: Revenue Up by 70.72% Year-on-Year

The comprehensive analytics outlining the performance and outlook of Supreme Holdings & Hospitality (India) Ltd‘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.

Today, we’re looking at Supreme Holdings & Hospitality (India) Ltd’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 70.72 %. However, it did see a marginal increase of 16.45 % from the previous quarter. Expenses decreased slightly by -7.33 % quarter-on-quarter, aligning with the annual rise of 71.18 %. Operating profit, while up 69.17 % compared to last year, faced a quarter-on-quarter increase of 1830.77 %, 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 -0.18 %, but an expansion of 20.69 % sequentially. Other income fell by -55.55 % compared to the last quarter, despite an annual decline of -35.95 %. Depreciation costs climbed by 0 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -10 %. Profit before tax grew annually by 36.65 % but saw an increase from the preceding quarter by 255.1 %.
Tax expenses as a percentage of profits decreased slightly by -18.72 % compared to last year, with a more notable quarter-on-quarter increase of 19.64 %. Net profit rose by 83.5 % year-on-year but experienced a 139.24 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 85.45 % but a quarterly rise of 137.21 %. In summary, Supreme Holdings & Hospitality (India) Ltd’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

In reviewing Supreme Holdings & Hospitality (India) Ltd’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 70.72 % year-on-year growth, however, there was a minor increase of 16.45 % from the previous quarter. Expenses rose by 71.18 % compared to the previous year, with a decrease of -7.33 % quarter-on-quarter. Operating Profit surged by 69.17 % annually, and saw a 1830.77 % increase from the last quarter.
Net Profit showed yearly increase of 83.5 %, and experienced a 139.24 % increase from the previous quarter. Earnings Per Share (EPS) rose by 85.45 % annually, however rose by 137.21 % compared to the last quarter. In essence, while Supreme Holdings & Hospitality (India) 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.