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Highlights
- The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company’s sales declined by -84.24 % over the year, decrease in net sales/revenue by -55.69 %.
- 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 1.22 %. Marginal decrease of -7.93% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Ashiana Housing Limited. Profit dropped by -127.61 % Year to Year, Ashiana Housing Limited’s profitability increased by 38.79 % in this quarter.
- EPS over the Year and quarter: EPS declined by -129.41 % Year to Year. EPS increased by 56.86 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 346.09 Cr | Rs. 123.09 Cr | Rs. 54.54 Cr | -55.69 % | -84.24 % |
| Expenses | Rs. 312.76 Cr | Rs. 128.85 Cr | Rs. 66.27 Cr | -48.57 % | -78.81 % |
| Operating Profit | Rs. 33.33 Cr | Rs. -5.76 Cr | Rs. -11.73 Cr | -103.65 % | -135.19 % |
| OPM % | 9.63 % | -4.68 % | -21.51 % | -16.83 % | -31.14 % |
| Other Income | Rs. 4.93 Cr | Rs. 5.42 Cr | Rs. 4.99 Cr | -7.93 % | + 1.22 % |
| Interest | Rs. 0.61 Cr | Rs. 1.51 Cr | Rs. 0.65 Cr | -56.95 % | + 6.56 % |
| Depreciation | Rs. 2.27 Cr | Rs. 2.71 Cr | Rs. 3.1 Cr | + 14.39 % | + 36.56 % |
| Profit before tax | Rs. 35.38 Cr | Rs. -4.56 Cr | Rs. -10.49 Cr | -130.04 % | -129.65 % |
| Tax % | 22.7 % | -19.3 % | -28.03 % | -8.73 % | -50.73 % |
| Net Profit | Rs. 27.35 Cr | Rs. -5.44 Cr | Rs. -7.55 Cr | -38.79 % | -127.61 % |
| EPS in Rs | Rs. 2.72 | Rs. -0.51 | Rs. -0.8 | -56.86 % | -129.41 % |
Today, we’re looking at Ashiana Housing Limited’s financial performance for the Q2(Sep 2024-25).Starting with the top line, the company reported a significant year-over-year sales decline of -84.24 %. However, it did see a marginal slip of -55.69 % from the previous quarter. Expenses decreased slightly by -48.57 % quarter-on-quarter, aligning with the annual decline of -78.81 %. Operating profit, while down -135.19 % compared to last year, faced a quarter-on-quarter dip of -103.65 %, 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 -31.14 %, but a shrinkage of -16.83 % sequentially. Other income fell by -7.93 % compared to the last quarter, despite an annual growth of 1.22 %. Interest expenses dropped significantly by -56.95 % from the previous quarter, yet the year-over-year increase remains at a moderate 6.56 %. Depreciation costs climbed by 14.39 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 36.56 %. Profit before tax declined annually by -129.65 % but saw a reduction from the preceding quarter by -130.04 %.
Tax expenses as a percentage of profits decreased slightly by -50.73 % compared to last year, with a more notable quarter-on-quarter decrease of -8.73 %. Net profit fell by -127.61 % year-on-year but witnessed a -38.79 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -129.41 % but a quarterly fall of -56.86 %. 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. 346.09 Cr | Rs. 123.09 Cr | Rs. 54.54 Cr | -55.69 % | -84.24 % |
| Expenses | Rs. 312.76 Cr | Rs. 128.85 Cr | Rs. 66.27 Cr | -48.57 % | -78.81 % |
| Operating Profit | Rs. 33.33 Cr | Rs. -5.76 Cr | Rs. -11.73 Cr | -103.65 % | -135.19 % |
| Net Profit | Rs. 27.35 Cr | Rs. -5.44 Cr | Rs. -7.55 Cr | -38.79 % | -127.61 % |
| EPS in Rs | Rs. 2.72 | Rs. -0.51 | Rs. -0.8 | -56.86 % | -129.41 % |
In reviewing Ashiana Housing Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -84.24 % year-on-year, although there was a slight dip of -55.69 % from the previous quarter. Expenses decreased by -78.81 % compared to the previous year, with a decrease of -48.57 % quarter-on-quarter. Operating Profit dropped by -135.19 % annually, and saw a -103.65 % decrease from the last quarter.
Net Profit showed yearly decrease of -127.61 %, and experienced a -38.79 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -129.41 % annually, however dipped by -56.86 % compared to the last quarter. In essence, while Ashiana Housing 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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