Share the post "Ashiana Housing : Q4 2024 Financial Quarterly Report : YoY Sales Up 161.93 %, QoQ Up 57.03 %"
Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 161.93 % in the past year, substantial increase in net sales/revenue by 57.03 %.
- 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 14.98 %. Marginal increase in other income during this quarter, up by 52.83%.
- Profit over the Year and quarter: Significant improvement in profitability for Ashiana Housing Limited. Notable increase of 67.44 % in net profit Year to Year, Ashiana Housing Limited’s profitability dropped by -37.46 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 66.99 % Year to Year. EPS decreased by -38.13 % 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. 110.59 Cr | Rs. 184.47 Cr | Rs. 289.67 Cr | + 57.03 % | + 161.93 % |
| Expenses | Rs. 102.88 Cr | Rs. 151.75 Cr | Rs. 269.38 Cr | + 77.52 % | + 161.84 % |
| Operating Profit | Rs. 7.71 Cr | Rs. 32.72 Cr | Rs. 20.29 Cr | -37.99 % | + 163.16 % |
| OPM % | 6.97 % | 17.74 % | 7 % | -10.74 % | + 0.03 % |
| Other Income | Rs. 6.34 Cr | Rs. 4.77 Cr | Rs. 7.29 Cr | + 52.83 % | + 14.98 % |
| Interest | Rs. 0.64 Cr | Rs. 0.35 Cr | Rs. 0.34 Cr | -2.86 % | -46.88 % |
| Depreciation | Rs. 1.96 Cr | Rs. 2.55 Cr | Rs. 2.45 Cr | -3.92 % | + 25 % |
| Profit before tax | Rs. 11.45 Cr | Rs. 34.59 Cr | Rs. 24.79 Cr | -28.33 % | + 116.51 % |
| Tax % | 9.34 % | 19.66 % | 29.89 % | + 10.23 % | + 20.55 % |
| Net Profit | Rs. 10.38 Cr | Rs. 27.79 Cr | Rs. 17.38 Cr | -37.46 % | + 67.44 % |
| EPS in Rs | Rs. 1.03 | Rs. 2.78 | Rs. 1.72 | -38.13 % | + 66.99 % |
Today, we’re looking at Ashiana Housing 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 161.93 %. However, it did see a marginal increase of 57.03 % from the previous quarter. Expenses ticked up slightly by 77.52 % quarter-on-quarter, aligning with the annual rise of 161.84 %. Operating profit, while up 163.16 % compared to last year, faced a quarter-on-quarter dip of -37.99 %, 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 0.03 %, but a shrinkage of -10.74 % sequentially. Other income rose by 52.83 % compared to the last quarter, despite an annual growth of 14.98 %. Interest expenses dropped significantly by -2.86 % from the previous quarter, yet the year-over-year decrease remains at a moderate -46.88 %. Depreciation costs fell by -3.92 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 25 %. Profit before tax grew annually by 116.51 % but saw a reduction from the preceding quarter by -28.33 %.
Tax expenses as a percentage of profits increased slightly by 20.55 % compared to last year, with a more notable quarter-on-quarter increase of 10.23 %. Net profit rose by 67.44 % year-on-year but witnessed a -37.46 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 66.99 % but a quarterly fall of -38.13 %. In summary, Ashiana Housing 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. 110.59 Cr | Rs. 184.47 Cr | Rs. 289.67 Cr | + 57.03 % | + 161.93 % |
| Expenses | Rs. 102.88 Cr | Rs. 151.75 Cr | Rs. 269.38 Cr | + 77.52 % | + 161.84 % |
| Operating Profit | Rs. 7.71 Cr | Rs. 32.72 Cr | Rs. 20.29 Cr | -37.99 % | + 163.16 % |
| Net Profit | Rs. 10.38 Cr | Rs. 27.79 Cr | Rs. 17.38 Cr | -37.46 % | + 67.44 % |
| EPS in Rs | Rs. 1.03 | Rs. 2.78 | Rs. 1.72 | -38.13 % | + 66.99 % |
In reviewing Ashiana Housing Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 161.93 % year-on-year growth, however, there was a minor increase of 57.03 % from the previous quarter. Expenses rose by 161.84 % compared to the previous year, with a 77.52 % increase quarter-on-quarter. Operating Profit surged by 163.16 % annually, and saw a -37.99 % decrease from the last quarter.
Net Profit showed yearly increase of 67.44 %, and experienced a -37.46 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 66.99 % annually, however dipped by -38.13 % compared to the last quarter. In essence, while Ashiana Housing 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.
