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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 16.63 % in the past year, substantial increase in net sales/revenue by 0.79 %.
- 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 67.97 %. Marginal increase in other income during this quarter, up by 69.53%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Easy Trip Planners Limited. Profit dropped by -125.33 % Year to Year, Easy Trip Planners Limited’s profitability dropped by -118.73 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -122.73 % Year to Year. EPS decreased by -117.24 % 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. 111.468 Cr | Rs. 128.982 Cr | Rs. 130.005 Cr | + 0.79 % | + 16.63 % |
Expenses | Rs. 64.09 Cr | Rs. 63.91 Cr | Rs. 76.51 Cr | + 19.72 % | + 19.38 % |
Operating Profit | Rs. 47.38 Cr | Rs. 65.07 Cr | Rs. 53.5 Cr | -17.78 % | + 12.92 % |
OPM % | 42.51 % | 50.45 % | 41.15 % | -9.3 % | -1.36 % |
Other Income | Rs. 4.34 Cr | Rs. 4.3 Cr | Rs. 7.29 Cr | + 69.53 % | + 67.97 % |
Interest | Rs. 0.76 Cr | Rs. 0.81 Cr | Rs. 0.5 Cr | -38.27 % | -34.21 % |
Depreciation | Rs. 0.36 Cr | Rs. 0.38 Cr | Rs. 0.39 Cr | + 2.63 % | + 8.33 % |
Profit before tax | Rs. 50.6 Cr | Rs. 68.18 Cr | Rs. 59.9 Cr | -12.14 % | + 18.38 % |
Tax % | 25.27 % | 25.03 % | -23.55 % | -48.58 % | -48.82 % |
Net Profit | Rs. 37.81 Cr | Rs. 51.12 Cr | Rs. -9.58 Cr | -118.74 % | -125.34 % |
EPS in Rs | Rs. 0.22 | Rs. 0.29 | Rs. -0.05 | -117.24 % | -122.73 % |
Today, we’re looking at Easy Trip Planners 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 16.63 %. However, it did see a marginal increase of 0.79 % from the previous quarter. Expenses ticked up slightly by 19.72 % quarter-on-quarter, aligning with the annual rise of 19.38 %. Operating profit, while up 12.92 % compared to last year, faced a quarter-on-quarter dip of -17.78 %, 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 -1.36 %, but a shrinkage of -9.3 % sequentially. Other income rose by 69.53 % compared to the last quarter, despite an annual growth of 67.97 %. Interest expenses dropped significantly by -38.27 % from the previous quarter, yet the year-over-year decrease remains at a moderate -34.21 %. Depreciation costs climbed by 2.63 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 8.33 %. Profit before tax grew annually by 18.38 % but saw a reduction from the preceding quarter by -12.14 %.
Tax expenses as a percentage of profits decreased slightly by -48.82 % compared to last year, with a more notable quarter-on-quarter decrease of -48.58 %. Net profit fell by -125.34 % year-on-year but witnessed a -118.74 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -122.73 % but a quarterly fall of -117.24 %. In summary, Easy Trip Planners 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. 111.468 Cr | Rs. 128.982 Cr | Rs. 130.005 Cr | + 0.79 % | + 16.63 % |
Expenses | Rs. 64.09 Cr | Rs. 63.91 Cr | Rs. 76.51 Cr | + 19.72 % | + 19.38 % |
Operating Profit | Rs. 47.38 Cr | Rs. 65.07 Cr | Rs. 53.5 Cr | -17.78 % | + 12.92 % |
Net Profit | Rs. 37.81 Cr | Rs. 51.12 Cr | Rs. -9.58 Cr | -118.74 % | -125.34 % |
EPS in Rs | Rs. 0.22 | Rs. 0.29 | Rs. -0.05 | -117.24 % | -122.73 % |
In reviewing Easy Trip Planners Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 16.63 % year-on-year growth, however, there was a minor increase of 0.79 % from the previous quarter. Expenses rose by 19.38 % compared to the previous year, with a 19.72 % increase quarter-on-quarter. Operating Profit surged by 12.92 % annually, and saw a -17.78 % decrease from the last quarter.
Net Profit showed yearly decrease of -125.34 %, and experienced a -118.74 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -122.73 % annually, however dipped by -117.24 % compared to the last quarter. In essence, while Easy Trip Planners 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.