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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 12.42 % in the past year, decrease in net sales/revenue by -6.48 %.
- 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 530.68 %. Marginal increase in other income during this quarter, up by 113.46%.
- Profit over the Year and quarter: Significant improvement in profitability for United Spirits Limited. Notable increase of 134.44 % in net profit Year to Year, United Spirits Limited’s profitability dropped by -31.18 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 134.48 % Year to Year. EPS decreased by -31.03 % 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. 5791.6 Cr | Rs. 6962 Cr | Rs. 6511 Cr | -6.48 % | + 12.42 % |
Expenses | Rs. 5556.1 Cr | Rs. 6475.5 Cr | Rs. 6177 Cr | -4.61 % | + 11.18 % |
Operating Profit | Rs. 235.5 Cr | Rs. 486.5 Cr | Rs. 334 Cr | -31.35 % | + 41.83 % |
OPM % | 4.07 % | 6.99 % | 5.13 % | -1.86 % | + 1.06 % |
Other Income | Rs. 17.6 Cr | Rs. 52 Cr | Rs. 111 Cr | + 113.46 % | + 530.68 % |
Interest | Rs. 36 Cr | Rs. 16.4 Cr | Rs. 29 Cr | + 76.83 % | -19.44 % |
Depreciation | Rs. 68.8 Cr | Rs. 62.8 Cr | Rs. 73 Cr | + 16.24 % | + 6.1 % |
Profit before tax | Rs. 148.3 Cr | Rs. 459.3 Cr | Rs. 343 Cr | -25.32 % | + 131.29 % |
Tax % | 21.04 % | 23.75 % | 22.76 % | -0.99 % | + 1.72 % |
Net Profit | Rs. 102.8 Cr | Rs. 350.2 Cr | Rs. 241 Cr | -31.18 % | + 134.44 % |
EPS in Rs | Rs. 1.45 | Rs. 4.93 | Rs. 3.4 | -31.03 % | + 134.48 % |
Today, we’re looking at United Spirits Limited’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 12.42 %. However, it did see a marginal slip of -6.48 % from the previous quarter. Expenses decreased slightly by -4.61 % quarter-on-quarter, aligning with the annual rise of 11.18 %. Operating profit, while up 41.83 % compared to last year, faced a quarter-on-quarter dip of -31.35 %, 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 1.06 %, but a shrinkage of -1.86 % sequentially. Other income rose by 113.46 % compared to the last quarter, despite an annual growth of 530.68 %. Interest expenses surged remarkably by 76.83 % from the previous quarter, yet the year-over-year decrease remains at a moderate -19.44 %. Depreciation costs climbed by 16.24 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 6.1 %. Profit before tax grew annually by 131.29 % but saw a reduction from the preceding quarter by -25.32 %.
Tax expenses as a percentage of profits increased slightly by 1.72 % compared to last year, with a more notable quarter-on-quarter decrease of -0.99 %. Net profit rose by 134.44 % year-on-year but witnessed a -31.18 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 134.48 % but a quarterly fall of -31.03 %. In summary, United Spirits 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. 5791.6 Cr | Rs. 6962 Cr | Rs. 6511 Cr | -6.48 % | + 12.42 % |
Expenses | Rs. 5556.1 Cr | Rs. 6475.5 Cr | Rs. 6177 Cr | -4.61 % | + 11.18 % |
Operating Profit | Rs. 235.5 Cr | Rs. 486.5 Cr | Rs. 334 Cr | -31.35 % | + 41.83 % |
Net Profit | Rs. 102.8 Cr | Rs. 350.2 Cr | Rs. 241 Cr | -31.18 % | + 134.44 % |
EPS in Rs | Rs. 1.45 | Rs. 4.93 | Rs. 3.4 | -31.03 % | + 134.48 % |
In reviewing United Spirits Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 12.42 % year-on-year growth, although there was a slight dip of -6.48 % from the previous quarter. Expenses rose by 11.18 % compared to the previous year, with a decrease of -4.61 % quarter-on-quarter. Operating Profit surged by 41.83 % annually, and saw a -31.35 % decrease from the last quarter.
Net Profit showed yearly increase of 134.44 %, and experienced a -31.18 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 134.48 % annually, however dipped by -31.03 % compared to the last quarter. In essence, while United Spirits 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.