Share the post "Odyssey Corporation : Q4 2024 Financial Quarterly Report : YoY Sales Down 37.04 %, QoQ Up 50.95 %"
Highlights
- Sales over the Year and quarter: The company’s sales declined by -37.04 % over the year, substantial increase in net sales/revenue by 50.95 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -5.68 %, Marginal decrease of -21.7% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Odyssey Corporation Ltd.. Profit dropped by -30.23 % Year to Year, Odyssey Corporation Ltd.’s profitability dropped by -341.04 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -29.79 % Year to Year. EPS decreased by -335.71 % 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. 13.184 Cr | Rs. 5.499 Cr | Rs. 8.301 Cr | + 50.95 % | -37.04 % |
| Expenses | Rs. 15.83 Cr | Rs. 5.97 Cr | Rs. 10.23 Cr | + 71.36 % | -35.38 % |
| Operating Profit | Rs. -2.65 Cr | Rs. -0.47 Cr | Rs. -1.93 Cr | -310.64 % | + 27.17 % |
| OPM % | -20.1 % | -8.55 % | -23.25 % | -14.7 % | -3.15 % |
| Other Income | Rs. 0.88 Cr | Rs. 1.06 Cr | Rs. 0.83 Cr | -21.7 % | -5.68 % |
| Interest | Rs. 0.01 Cr | Rs. 0.01 Cr | Rs. 0.08 Cr | + 700 % | + 700 % |
| Depreciation | Rs. 0.05 Cr | Rs. 0.05 Cr | Rs. 0.07 Cr | + 40 % | + 40 % |
| Profit before tax | Rs. -1.83 Cr | Rs. 0.53 Cr | Rs. -1.25 Cr | -335.85 % | + 31.69 % |
| Tax % | -2.3 % | 0.37 % | -4.09 % | -4.46 % | -1.79 % |
| Net Profit | Rs. -1.87 Cr | Rs. 0.54 Cr | Rs. -1.3 Cr | -340.74 % | + 30.48 % |
| EPS in Rs | Rs. -0.47 | Rs. 0.14 | Rs. -0.33 | -335.71 % | + 29.79 % |
Today, we’re looking at Odyssey Corporation 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 -37.04 %. However, it did see a marginal increase of 50.95 % from the previous quarter. Expenses ticked up slightly by 71.36 % quarter-on-quarter, aligning with the annual decline of -35.38 %. Operating profit, while up 27.17 % compared to last year, faced a quarter-on-quarter dip of -310.64 %, 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 -3.15 %, but a shrinkage of -14.7 % sequentially. Other income fell by -21.7 % compared to the last quarter, despite an annual decline of -5.68 %. Interest expenses surged remarkably by 700 % from the previous quarter, yet the year-over-year increase remains at a moderate 700 %. Depreciation costs climbed by 40 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 40 %. Profit before tax grew annually by 31.69 % but saw a reduction from the preceding quarter by -335.85 %.
Tax expenses as a percentage of profits decreased slightly by -1.79 % compared to last year, with a more notable quarter-on-quarter decrease of -4.46 %. Net profit rose by 30.48 % year-on-year but witnessed a -340.74 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 29.79 % but a quarterly fall of -335.71 %. In summary, Odyssey Corporation 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. 13.184 Cr | Rs. 5.499 Cr | Rs. 8.301 Cr | + 50.95 % | -37.04 % |
| Expenses | Rs. 15.83 Cr | Rs. 5.97 Cr | Rs. 10.23 Cr | + 71.36 % | -35.38 % |
| Operating Profit | Rs. -2.65 Cr | Rs. -0.47 Cr | Rs. -1.93 Cr | -310.64 % | + 27.17 % |
| Net Profit | Rs. -1.87 Cr | Rs. 0.54 Cr | Rs. -1.3 Cr | -340.74 % | + 30.48 % |
| EPS in Rs | Rs. -0.47 | Rs. 0.14 | Rs. -0.33 | -335.71 % | + 29.79 % |
In reviewing Odyssey Corporation Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -37.04 % year-on-year, however, there was a minor increase of 50.95 % from the previous quarter. Expenses decreased by -35.38 % compared to the previous year, with a 71.36 % increase quarter-on-quarter. Operating Profit surged by 27.17 % annually, and saw a -310.64 % decrease from the last quarter.
Net Profit showed yearly increase of 30.48 %, and experienced a -340.74 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 29.79 % annually, however dipped by -335.71 % compared to the last quarter. In essence, while Odyssey Corporation Ltd. 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.
-17
3-Year Profit
18
5-Year Profit
38
10-Year Profit
16.8
Current Price
66.0
Market Cap
For the company identified by BSE code 531996, the financial performance highlights a solid five-year profit of 18 percents. This figure escalates to -17 percents over the three-year period, pointing to positive momentum in its earnings. Despite these encouraging trends, the trailing twelve-month (TTM) figures uncover an alarming profit loss of -10 percents. This decline, coupled with the fact that the company recorded zero sales across all periods examined, raises red flags about the sustainability of its business model and its ability to generate consistent revenue. Furthermore, the stock price fluctuations during this period further reflect the company's uncertain position. The stock started at 71 percents but has since plummeted to 257 percents recently, painting a picture of rapid decline. Over a longer ten-year horizon, the stock price stood at 14 percents, further underscoring the long-term challenges the company faces in maintaining investor confidence and market value.
With a market capitalization of ₹66.0 crore, the company’s stock is currently trading at ₹16.8, having fluctuated within a range of ₹16.8 / 6.46 over the years. The stock's P/E ratio of 75.0 reflects a relatively high valuation compared to its earnings, which could suggest strong future growth expectations or heightened investor demand. The company’s book value is ₹21.6, representing the total value of its assets on a per-share basis, while the dividend yield of 0.00% offers a modest return to shareholders. ROCE, at 4.61%, highlights the company's efficient use of capital in generating profits, while ROE at 2.09% underscores its ability to generate returns for shareholders. The debt-to-equity ratio of 0.03 is very low, indicating conservative financial management and minimal reliance on borrowed funds. Despite this, the company shows a negative net cash flow of ₹0.68 crore, which could point to cash management challenges or recent heavy investments. The Piotroski score of 6.00 suggests moderate financial strength, while the Graham Number, pegged at ₹10.4, offers a rough estimate of the stock's intrinsic value. The Price-to-Book (P/B) ratio of 0.78 signals that the stock is trading at a premium, which might reflect investor confidence in the company's growth trajectory.
