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Highlights
- The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 26.32 % in the past year, substantial increase in net sales/revenue by 8.74 %.
- 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 36.46 %. Marginal decrease of -4.18% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Ethos Limited. Notable increase of 14.28 % in net profit Year to Year, Ethos Limited’s profitability dropped by -6.83 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 9.05 % Year to Year. EPS decreased by -6.87 % 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. 235.222 Cr | Rs. 273.248 Cr | Rs. 297.133 Cr | + 8.74 % | + 26.32 % |
Expenses | Rs. 197.95 Cr | Rs. 230.13 Cr | Rs. 255.08 Cr | + 10.84 % | + 28.86 % |
Operating Profit | Rs. 37.27 Cr | Rs. 43.12 Cr | Rs. 42.05 Cr | -2.48 % | + 12.83 % |
OPM % | 15.84 % | 15.78 % | 14.15 % | -1.63 % | -1.69 % |
Other Income | Rs. 4.49 Cr | Rs. 6.394 Cr | Rs. 6.127 Cr | -4.18 % | + 36.46 % |
Interest | Rs. 4.14 Cr | Rs. 4.53 Cr | Rs. 4.55 Cr | + 0.44 % | + 9.9 % |
Depreciation | Rs. 12.7 Cr | Rs. 14.32 Cr | Rs. 15 Cr | + 4.75 % | + 18.11 % |
Profit before tax | Rs. 24.92 Cr | Rs. 30.66 Cr | Rs. 28.63 Cr | -6.62 % | + 14.89 % |
Tax % | 25.63 % | 25.52 % | 25.72 % | + 0.2 % | + 0.09 % |
Net Profit | Rs. 18.59 Cr | Rs. 22.8 Cr | Rs. 21.25 Cr | -6.8 % | + 14.31 % |
EPS in Rs | Rs. 7.96 | Rs. 9.32 | Rs. 8.68 | -6.87 % | + 9.05 % |
Today, we’re looking at Ethos Limited’s financial performance for the Q2(Sep 2024-25).Starting with the top line, the company reported a robust year-over-year sales growth of 26.32 %. However, it did see a marginal increase of 8.74 % from the previous quarter. Expenses ticked up slightly by 10.84 % quarter-on-quarter, aligning with the annual rise of 28.86 %. Operating profit, while up 12.83 % compared to last year, faced a quarter-on-quarter dip of -2.48 %, 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 -1.69 %, but a shrinkage of -1.63 % sequentially. Other income fell by -4.18 % compared to the last quarter, despite an annual growth of 36.46 %. Interest expenses surged remarkably by 0.44 % from the previous quarter, yet the year-over-year increase remains at a moderate 9.9 %. Depreciation costs climbed by 4.75 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 18.11 %. Profit before tax grew annually by 14.89 % but saw a reduction from the preceding quarter by -6.62 %.
Tax expenses as a percentage of profits increased slightly by 0.09 % compared to last year, with a more notable quarter-on-quarter increase of 0.2 %. Net profit rose by 14.31 % year-on-year but witnessed a -6.8 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 9.05 % but a quarterly fall of -6.87 %. In summary, Ethos 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. 235.222 Cr | Rs. 273.248 Cr | Rs. 297.133 Cr | + 8.74 % | + 26.32 % |
Expenses | Rs. 197.95 Cr | Rs. 230.13 Cr | Rs. 255.08 Cr | + 10.84 % | + 28.86 % |
Operating Profit | Rs. 37.27 Cr | Rs. 43.12 Cr | Rs. 42.05 Cr | -2.48 % | + 12.83 % |
Net Profit | Rs. 18.59 Cr | Rs. 22.8 Cr | Rs. 21.25 Cr | -6.8 % | + 14.31 % |
EPS in Rs | Rs. 7.96 | Rs. 9.32 | Rs. 8.68 | -6.87 % | + 9.05 % |
In reviewing Ethos Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 26.32 % year-on-year growth, however, there was a minor increase of 8.74 % from the previous quarter. Expenses rose by 28.86 % compared to the previous year, with a 10.84 % increase quarter-on-quarter. Operating Profit surged by 12.83 % annually, and saw a -2.48 % decrease from the last quarter.
Net Profit showed yearly increase of 14.31 %, and experienced a -6.8 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 9.05 % annually, however dipped by -6.87 % compared to the last quarter. In essence, while Ethos Limited exhibits strong annual growth 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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