Share the post "Arvind SmartSpaces Limited’s Quarterly Result and Earnings Report for Q4(Mar 2024) : Sales increased by 26.64 % in YoY and increased by 39.23 % in QoQ"
Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 26.64 % in the past year, substantial increase in net sales/revenue by 39.23 %.
- 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 61.18 %. Marginal increase in other income during this quarter, up by 29.25%.
- Profit over the Year and quarter: Significant improvement in profitability for Arvind SmartSpaces Limited. Notable increase of 86.11 % in net profit Year to Year, Arvind SmartSpaces Limited’s profitability increased by 67.39 % in this quarter.
- EPS over the Year and quarter: EPS increased by 66.83 % Year to Year. EPS increased by 65.22 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 92.683 Cr | Rs. 84.3 Cr | Rs. 117.372 Cr | + 39.23 % | + 26.64 % |
Expenses | Rs. 72.35 Cr | Rs. 64.35 Cr | Rs. 86.02 Cr | + 33.68 % | + 18.89 % |
Operating Profit | Rs. 20.33 Cr | Rs. 19.95 Cr | Rs. 31.35 Cr | + 57.14 % | + 54.21 % |
OPM % | 21.93 % | 23.67 % | 26.71 % | + 3.04 % | + 4.78 % |
Other Income | Rs. 1.7 Cr | Rs. 2.12 Cr | Rs. 2.74 Cr | + 29.25 % | + 61.18 % |
Interest | Rs. 6.41 Cr | Rs. 2.64 Cr | Rs. 4.46 Cr | + 68.94 % | -30.42 % |
Depreciation | Rs. 0.84 Cr | Rs. 1.1 Cr | Rs. 1.22 Cr | + 10.91 % | + 45.24 % |
Profit before tax | Rs. 14.78 Cr | Rs. 18.33 Cr | Rs. 28.41 Cr | + 54.99 % | + 92.22 % |
Tax % | 29.14 % | 36.43 % | 31.33 % | -5.1 % | + 2.19 % |
Net Profit | Rs. 10.48 Cr | Rs. 11.65 Cr | Rs. 19.51 Cr | + 67.47 % | + 86.16 % |
EPS in Rs | Rs. 2.05 | Rs. 2.07 | Rs. 3.42 | + 65.22 % | + 66.83 % |
Today, we’re looking at Arvind SmartSpaces 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 26.64 %. However, it did see a marginal increase of 39.23 % from the previous quarter. Expenses ticked up slightly by 33.68 % quarter-on-quarter, aligning with the annual rise of 18.89 %. Operating profit, while up 54.21 % compared to last year, faced a quarter-on-quarter increase of 57.14 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 4.78 %, but an expansion of 3.04 % sequentially. Other income rose by 29.25 % compared to the last quarter, despite an annual growth of 61.18 %. Interest expenses surged remarkably by 68.94 % from the previous quarter, yet the year-over-year decrease remains at a moderate -30.42 %. Depreciation costs climbed by 10.91 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 45.24 %. Profit before tax grew annually by 92.22 % but saw an increase from the preceding quarter by 54.99 %.
Tax expenses as a percentage of profits increased slightly by 2.19 % compared to last year, with a more notable quarter-on-quarter decrease of -5.1 %. Net profit rose by 86.16 % year-on-year but experienced a 67.47 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 66.83 % but a quarterly rise of 65.22 %. In summary, Arvind SmartSpaces 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. 92.683 Cr | Rs. 84.3 Cr | Rs. 117.372 Cr | + 39.23 % | + 26.64 % |
Expenses | Rs. 72.35 Cr | Rs. 64.35 Cr | Rs. 86.02 Cr | + 33.68 % | + 18.89 % |
Operating Profit | Rs. 20.33 Cr | Rs. 19.95 Cr | Rs. 31.35 Cr | + 57.14 % | + 54.21 % |
Net Profit | Rs. 10.48 Cr | Rs. 11.65 Cr | Rs. 19.51 Cr | + 67.47 % | + 86.16 % |
EPS in Rs | Rs. 2.05 | Rs. 2.07 | Rs. 3.42 | + 65.22 % | + 66.83 % |
In reviewing Arvind SmartSpaces Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 26.64 % year-on-year growth, however, there was a minor increase of 39.23 % from the previous quarter. Expenses rose by 18.89 % compared to the previous year, with a 33.68 % increase quarter-on-quarter. Operating Profit surged by 54.21 % annually, and saw a 57.14 % increase from the last quarter.
Net Profit showed yearly increase of 86.16 %, and experienced a 67.47 % increase from the previous quarter. Earnings Per Share (EPS) rose by 66.83 % annually, however rose by 65.22 % compared to the last quarter. In essence, while Arvind SmartSpaces Limited exhibits strong annual growth indicators, short-term improvements suggest the potential for recovery and the importance of strategic adjustments to counter market challenges effectively. That’s all for now in the financial sector.