Share the post "Aurum PropTech Limited’s Quarterly Result and Earnings Report for Q4(Mar 2024) : Sales increased by 31.86 % in YoY and increased by 4.36 % in QoQ"
Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 31.86 % in the past year, substantial increase in net sales/revenue by 4.36 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -0.67 %, Marginal increase in other income during this quarter, up by 24.06%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Aurum PropTech Limited. Profit dropped by -52.7 % Year to Year, Aurum PropTech Limited’s profitability dropped by -78.19 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -25.00 % Year to Year. EPS decreased by -75.8 % 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. 45.36 Cr | Rs. 57.31 Cr | Rs. 59.81 Cr | + 4.36 % | + 31.86 % |
| Expenses | Rs. 47.08 Cr | Rs. 59.4 Cr | Rs. 45.27 Cr | -23.79 % | -3.84 % |
| Operating Profit | Rs. -1.72 Cr | Rs. -2.09 Cr | Rs. 14.54 Cr | + 795.69 % | + 945.35 % |
| OPM % | -3.79 % | -3.65 % | 24.31 % | + 27.96 % | + 28.1 % |
| Other Income | Rs. 5.97 Cr | Rs. 4.78 Cr | Rs. 5.93 Cr | + 24.06 % | -0.67 % |
| Interest | Rs. 3.76 Cr | Rs. 6.89 Cr | Rs. 7.56 Cr | + 9.72 % | + 101.06 % |
| Depreciation | Rs. 14.17 Cr | Rs. 19.67 Cr | Rs. 18.13 Cr | -7.83 % | + 27.95 % |
| Profit before tax | Rs. -13.68 Cr | Rs. -23.87 Cr | Rs. -5.22 Cr | + 78.13 % | + 61.84 % |
| Tax % | -28.14 % | -10.68 % | -30.18 % | -19.5 % | -2.04 % |
| Net Profit | Rs. -9.83 Cr | Rs. -21.32 Cr | Rs. -4.65 Cr | + 78.19 % | + 52.7 % |
| EPS in Rs | Rs. -1.52 | Rs. -4.71 | Rs. -1.14 | + 75.8 % | + 25 % |
Today, we’re looking at Aurum PropTech 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 31.86 %. However, it did see a marginal increase of 4.36 % from the previous quarter. Expenses decreased slightly by -23.79 % quarter-on-quarter, aligning with the annual decline of -3.84 %. Operating profit, while up 945.35 % compared to last year, faced a quarter-on-quarter increase of 795.69 %, 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 28.1 %, but an expansion of 27.96 % sequentially. Other income rose by 24.06 % compared to the last quarter, despite an annual decline of -0.67 %. Interest expenses surged remarkably by 9.72 % from the previous quarter, yet the year-over-year increase remains at a moderate 101.06 %. Depreciation costs fell by -7.83 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 27.95 %. Profit before tax grew annually by 61.84 % but saw an increase from the preceding quarter by 78.13 %.
Tax expenses as a percentage of profits decreased slightly by -2.04 % compared to last year, with a more notable quarter-on-quarter decrease of -19.5 %. Net profit rose by 52.7 % year-on-year but experienced a 78.19 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 25 % but a quarterly rise of 75.8 %. In summary, Aurum PropTech 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. 45.36 Cr | Rs. 57.31 Cr | Rs. 59.81 Cr | + 4.36 % | + 31.86 % |
| Expenses | Rs. 47.08 Cr | Rs. 59.4 Cr | Rs. 45.27 Cr | -23.79 % | -3.84 % |
| Operating Profit | Rs. -1.72 Cr | Rs. -2.09 Cr | Rs. 14.54 Cr | + 795.69 % | + 945.35 % |
| Net Profit | Rs. -9.83 Cr | Rs. -21.32 Cr | Rs. -4.65 Cr | + 78.19 % | + 52.7 % |
| EPS in Rs | Rs. -1.52 | Rs. -4.71 | Rs. -1.14 | + 75.8 % | + 25 % |
In reviewing Aurum PropTech Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 31.86 % year-on-year growth, however, there was a minor increase of 4.36 % from the previous quarter. Expenses decreased by -3.84 % compared to the previous year, with a decrease of -23.79 % quarter-on-quarter. Operating Profit surged by 945.35 % annually, and saw a 795.69 % increase from the last quarter.
Net Profit showed yearly increase of 52.7 %, and experienced a 78.19 % increase from the previous quarter. Earnings Per Share (EPS) rose by 25 % annually, however rose by 75.8 % compared to the last quarter. In essence, while Aurum PropTech 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.
