Share the post "LANDMARK CARS : Q4 2024 Financial Quarterly Report : YoY Sales Up 1.19 %, QoQ Down 9.93 %"
Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 1.19 % in the past year, decrease in net sales/revenue by -9.93 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -11.18 %, Marginal increase in other income during this quarter, up by 45.95%.
- Profit over the Year and quarter: Challenges in sustaining profitability for LANDMARK CARS LIMITED. Profit dropped by -54.77 % Year to Year, LANDMARK CARS LIMITED’s profitability dropped by -40.62 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -47.75 % Year to Year. EPS decreased by -40 % 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. 853.798 Cr | Rs. 959.246 Cr | Rs. 863.973 Cr | -9.93 % | + 1.19 % |
Expenses | Rs. 792.99 Cr | Rs. 894.01 Cr | Rs. 810.45 Cr | -9.35 % | + 2.2 % |
Operating Profit | Rs. 60.81 Cr | Rs. 65.24 Cr | Rs. 53.52 Cr | -17.96 % | -11.99 % |
OPM % | 7.12 % | 6.8 % | 6.19 % | -0.61 % | -0.93 % |
Other Income | Rs. 3.04 Cr | Rs. 1.85 Cr | Rs. 2.7 Cr | + 45.95 % | -11.18 % |
Interest | Rs. 10.18 Cr | Rs. 14.81 Cr | Rs. 13.66 Cr | -7.77 % | + 34.18 % |
Depreciation | Rs. 22.72 Cr | Rs. 26.22 Cr | Rs. 27.12 Cr | + 3.43 % | + 19.37 % |
Profit before tax | Rs. 30.95 Cr | Rs. 26.06 Cr | Rs. 15.44 Cr | -40.75 % | -50.11 % |
Tax % | 16.73 % | 27.47 % | 28.93 % | + 1.46 % | + 12.2 % |
Net Profit | Rs. 24.26 Cr | Rs. 18.48 Cr | Rs. 10.97 Cr | -40.64 % | -54.78 % |
EPS in Rs | Rs. 5.88 | Rs. 4.42 | Rs. 2.66 | -39.82 % | -54.76 % |
Today, we’re looking at LANDMARK CARS 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 1.19 %. However, it did see a marginal slip of -9.93 % from the previous quarter. Expenses decreased slightly by -9.35 % quarter-on-quarter, aligning with the annual rise of 2.2 %. Operating profit, while down -11.99 % compared to last year, faced a quarter-on-quarter dip of -17.96 %, 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 -0.93 %, but a shrinkage of -0.61 % sequentially. Other income rose by 45.95 % compared to the last quarter, despite an annual decline of -11.18 %. Interest expenses dropped significantly by -7.77 % from the previous quarter, yet the year-over-year increase remains at a moderate 34.18 %. Depreciation costs climbed by 3.43 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 19.37 %. Profit before tax declined annually by -50.11 % but saw a reduction from the preceding quarter by -40.75 %.
Tax expenses as a percentage of profits increased slightly by 12.2 % compared to last year, with a more notable quarter-on-quarter increase of 1.46 %. Net profit fell by -54.78 % year-on-year but witnessed a -40.64 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -54.76 % but a quarterly fall of -39.82 %. In summary, LANDMARK CARS 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. 853.798 Cr | Rs. 959.246 Cr | Rs. 863.973 Cr | -9.93 % | + 1.19 % |
Expenses | Rs. 792.99 Cr | Rs. 894.01 Cr | Rs. 810.45 Cr | -9.35 % | + 2.2 % |
Operating Profit | Rs. 60.81 Cr | Rs. 65.24 Cr | Rs. 53.52 Cr | -17.96 % | -11.99 % |
Net Profit | Rs. 24.26 Cr | Rs. 18.48 Cr | Rs. 10.97 Cr | -40.64 % | -54.78 % |
EPS in Rs | Rs. 5.88 | Rs. 4.42 | Rs. 2.66 | -39.82 % | -54.76 % |
In reviewing LANDMARK CARS LIMITED’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 1.19 % year-on-year growth, although there was a slight dip of -9.93 % from the previous quarter. Expenses rose by 2.2 % compared to the previous year, with a decrease of -9.35 % quarter-on-quarter. Operating Profit dropped by -11.99 % annually, and saw a -17.96 % decrease from the last quarter.
Net Profit showed yearly decrease of -54.78 %, and experienced a -40.64 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -54.76 % annually, however dipped by -39.82 % compared to the last quarter. In essence, while LANDMARK CARS LIMITED faces strong annual decline indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.