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Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company’s sales declined by -5.42 % over the year, decrease in net sales/revenue by -32.27 %.
- 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 44.44 %. Marginal decrease of -7.24% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Advani Hotels & Resorts (India) Limited. Profit dropped by -21.65 % Year to Year, Advani Hotels & Resorts (India) Limited’s profitability dropped by -65.91 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -61.00 % Year to Year. EPS decreased by -66.09 % 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. 23.32 Cr | Rs. 32.566 Cr | Rs. 22.056 Cr | -32.27 % | -5.42 % |
Expenses | Rs. 16.9 Cr | Rs. 18.25 Cr | Rs. 17.4 Cr | -4.66 % | + 2.96 % |
Operating Profit | Rs. 6.42 Cr | Rs. 14.32 Cr | Rs. 4.66 Cr | -67.46 % | -27.41 % |
OPM % | 27.53 % | 43.97 % | 21.13 % | -22.84 % | -6.4 % |
Other Income | Rs. 0.621 Cr | Rs. 0.967 Cr | Rs. 0.897 Cr | -7.24 % | + 44.44 % |
Interest | Rs. 0.03 Cr | Rs. 0.04 Cr | Rs. 0.02 Cr | -50 % | -33.33 % |
Depreciation | Rs. 0.79 Cr | Rs. 0.86 Cr | Rs. 0.81 Cr | -5.81 % | + 2.53 % |
Profit before tax | Rs. 6.22 Cr | Rs. 14.39 Cr | Rs. 4.73 Cr | -67.13 % | -23.95 % |
Tax % | 25.85 % | 26.32 % | 23.5 % | -2.82 % | -2.35 % |
Net Profit | Rs. 4.61 Cr | Rs. 10.59 Cr | Rs. 3.61 Cr | -65.91 % | -21.69 % |
EPS in Rs | Rs. 1 | Rs. 1.15 | Rs. 0.39 | -66.09 % | -61 % |
Today, we’re looking at Advani Hotels & Resorts (India) Limited’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -5.42 %. However, it did see a marginal slip of -32.27 % from the previous quarter. Expenses decreased slightly by -4.66 % quarter-on-quarter, aligning with the annual rise of 2.96 %. Operating profit, while down -27.41 % compared to last year, faced a quarter-on-quarter dip of -67.46 %, 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 -6.4 %, but a shrinkage of -22.84 % sequentially. Other income fell by -7.24 % compared to the last quarter, despite an annual growth of 44.44 %. Interest expenses dropped significantly by -50 % from the previous quarter, yet the year-over-year decrease remains at a moderate -33.33 %. Depreciation costs fell by -5.81 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 2.53 %. Profit before tax declined annually by -23.95 % but saw a reduction from the preceding quarter by -67.13 %.
Tax expenses as a percentage of profits decreased slightly by -2.35 % compared to last year, with a more notable quarter-on-quarter decrease of -2.82 %. Net profit fell by -21.69 % year-on-year but witnessed a -65.91 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -61 % but a quarterly fall of -66.09 %. In summary, Advani Hotels & Resorts (India) 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. 23.32 Cr | Rs. 32.566 Cr | Rs. 22.056 Cr | -32.27 % | -5.42 % |
Expenses | Rs. 16.9 Cr | Rs. 18.25 Cr | Rs. 17.4 Cr | -4.66 % | + 2.96 % |
Operating Profit | Rs. 6.42 Cr | Rs. 14.32 Cr | Rs. 4.66 Cr | -67.46 % | -27.41 % |
Net Profit | Rs. 4.61 Cr | Rs. 10.59 Cr | Rs. 3.61 Cr | -65.91 % | -21.69 % |
EPS in Rs | Rs. 1 | Rs. 1.15 | Rs. 0.39 | -66.09 % | -61 % |
In reviewing Advani Hotels & Resorts (India) Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -5.42 % year-on-year, although there was a slight dip of -32.27 % from the previous quarter. Expenses rose by 2.96 % compared to the previous year, with a decrease of -4.66 % quarter-on-quarter. Operating Profit dropped by -27.41 % annually, and saw a -67.46 % decrease from the last quarter.
Net Profit showed yearly decrease of -21.69 %, and experienced a -65.91 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -61 % annually, however dipped by -66.09 % compared to the last quarter. In essence, while Advani Hotels & Resorts (India) 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.
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