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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 14.26 % in the past year, substantial increase in net sales/revenue by 8.89 %.
- 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 861.11 %. Marginal increase in other income during this quarter, up by 4225%.
- Profit over the Year and quarter: Significant improvement in profitability for Asian Hotels (North) Limited. Notable increase of 233.09 % in net profit Year to Year, Asian Hotels (North) Limited’s profitability dropped by -47.81 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 232.77 % Year to Year. EPS decreased by -47.8 % 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. 73.159 Cr | Rs. 76.763 Cr | Rs. 83.589 Cr | + 8.89 % | + 14.26 % |
Expenses | Rs. 49.65 Cr | Rs. 55.53 Cr | Rs. 61 Cr | + 9.85 % | + 22.86 % |
Operating Profit | Rs. 23.51 Cr | Rs. 21.23 Cr | Rs. 22.59 Cr | + 6.41 % | -3.91 % |
OPM % | 32.14 % | 27.66 % | 27.03 % | -0.63 % | -5.11 % |
Other Income | Rs. 0.18 Cr | Rs. 0.04 Cr | Rs. 1.73 Cr | + 4225 % | + 861.11 % |
Interest | Rs. 22.64 Cr | Rs. 44.9 Cr | Rs. 34.14 Cr | -23.96 % | + 50.8 % |
Depreciation | Rs. 5.63 Cr | Rs. 5.52 Cr | Rs. 5.19 Cr | -5.98 % | -7.82 % |
Profit before tax | Rs. -4.58 Cr | Rs. -29.15 Cr | Rs. -15.01 Cr | + 48.51 % | -227.73 % |
Tax % | -0 % | -0 % | -1.28 % | -1.28 % | -1.28 % |
Net Profit | Rs. -4.57 Cr | Rs. -29.15 Cr | Rs. -15.21 Cr | + 47.82 % | -232.82 % |
EPS in Rs | Rs. -2.35 | Rs. -14.98 | Rs. -7.82 | + 47.8 % | -232.77 % |
Today, we’re looking at Asian Hotels (North) 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 14.26 %. However, it did see a marginal increase of 8.89 % from the previous quarter. Expenses ticked up slightly by 9.85 % quarter-on-quarter, aligning with the annual rise of 22.86 %. Operating profit, while down -3.91 % compared to last year, faced a quarter-on-quarter increase of 6.41 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -5.11 %, but a shrinkage of -0.63 % sequentially. Other income rose by 4225 % compared to the last quarter, despite an annual growth of 861.11 %. Interest expenses dropped significantly by -23.96 % from the previous quarter, yet the year-over-year increase remains at a moderate 50.8 %. Depreciation costs fell by -5.98 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -7.82 %. Profit before tax declined annually by -227.73 % but saw an increase from the preceding quarter by 48.51 %.
Tax expenses as a percentage of profits decreased slightly by -1.28 % compared to last year, with a more notable quarter-on-quarter decrease of -1.28 %. Net profit fell by -232.82 % year-on-year but experienced a 47.82 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -232.77 % but a quarterly rise of 47.8 %. In summary, Asian Hotels (North) 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. 73.159 Cr | Rs. 76.763 Cr | Rs. 83.589 Cr | + 8.89 % | + 14.26 % |
Expenses | Rs. 49.65 Cr | Rs. 55.53 Cr | Rs. 61 Cr | + 9.85 % | + 22.86 % |
Operating Profit | Rs. 23.51 Cr | Rs. 21.23 Cr | Rs. 22.59 Cr | + 6.41 % | -3.91 % |
Net Profit | Rs. -4.57 Cr | Rs. -29.15 Cr | Rs. -15.21 Cr | + 47.82 % | -232.82 % |
EPS in Rs | Rs. -2.35 | Rs. -14.98 | Rs. -7.82 | + 47.8 % | -232.77 % |
In reviewing Asian Hotels (North) Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 14.26 % year-on-year growth, however, there was a minor increase of 8.89 % from the previous quarter. Expenses rose by 22.86 % compared to the previous year, with a 9.85 % increase quarter-on-quarter. Operating Profit dropped by -3.91 % annually, and saw a 6.41 % increase from the last quarter.
Net Profit showed yearly decrease of -232.82 %, and experienced a 47.82 % increase from the previous quarter. Earnings Per Share (EPS) fell by -232.77 % annually, however rose by 47.8 % compared to the last quarter. In essence, while Asian Hotels (North) Limited faces strong annual decline 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.