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Highlights
- Sales over the Year and quarter: The company’s sales declined by -9.56 % over the year, decrease in net sales/revenue by -87.2 %.
- 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 3.45 %. Marginal increase in other income during this quarter, up by 7.14%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Baba Arts Ltd. Profit dropped by -104.84 % Year to Year, Baba Arts Ltd’s profitability dropped by -101.29 % Quarter to Quarter.
- EPS over the Year and quarter: EPS decreased by -100 % 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. 0.743 Cr | Rs. 5.248 Cr | Rs. 0.672 Cr | -87.2 % | -9.56 % |
Expenses | Rs. 0.53 Cr | Rs. 3.34 Cr | Rs. 1.02 Cr | -69.46 % | + 92.45 % |
Operating Profit | Rs. 0.21 Cr | Rs. 1.91 Cr | Rs. -0.35 Cr | -118.32 % | -266.67 % |
OPM % | 28.26 % | 36.39 % | -52.08 % | -88.47 % | -80.34 % |
Other Income | Rs. 0.29 Cr | Rs. 0.28 Cr | Rs. 0.3 Cr | + 7.14 % | + 3.45 % |
Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Depreciation | Rs. 0.02 Cr | Rs. 0.01 Cr | Rs. 0.01 Cr | + 0 % | -50 % |
Profit before tax | Rs. 0.48 Cr | Rs. 2.18 Cr | Rs. -0.06 Cr | -102.75 % | -112.5 % |
Tax % | 16.06 % | 28.46 % | -62.96 % | -91.42 % | -79.02 % |
Net Profit | Rs. 0.41 Cr | Rs. 1.56 Cr | Rs. -0.02 Cr | -101.28 % | -104.88 % |
EPS in Rs | Rs. 0.08 | Rs. 0.3 | Rs. 0 | 0 % | 0 % |
Today, we’re looking at Baba Arts Ltd’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -9.56 %. However, it did see a marginal slip of -87.2 % from the previous quarter. Expenses decreased slightly by -69.46 % quarter-on-quarter, aligning with the annual rise of 92.45 %. Operating profit, while down -266.67 % compared to last year, faced a quarter-on-quarter dip of -118.32 %, 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 -80.34 %, but a shrinkage of -88.47 % sequentially. Other income rose by 7.14 % compared to the last quarter, despite an annual growth of 3.45 %. Depreciation costs climbed by 0 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -50 %. Profit before tax declined annually by -112.5 % but saw a reduction from the preceding quarter by -102.75 %.
Tax expenses as a percentage of profits decreased slightly by -79.02 % compared to last year, with a more notable quarter-on-quarter decrease of -91.42 %. Net profit fell by -104.88 % year-on-year but witnessed a -101.28 % contraction from the last quarter. In summary, Baba Arts Ltd’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. 0.743 Cr | Rs. 5.248 Cr | Rs. 0.672 Cr | -87.2 % | -9.56 % |
Expenses | Rs. 0.53 Cr | Rs. 3.34 Cr | Rs. 1.02 Cr | -69.46 % | + 92.45 % |
Operating Profit | Rs. 0.21 Cr | Rs. 1.91 Cr | Rs. -0.35 Cr | -118.32 % | -266.67 % |
Net Profit | Rs. 0.41 Cr | Rs. 1.56 Cr | Rs. -0.02 Cr | -101.28 % | -104.88 % |
EPS in Rs | Rs. 0.08 | Rs. 0.3 | Rs. 0 | 0 % | 0 % |
In reviewing Baba Arts Ltd’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -9.56 % year-on-year, although there was a slight dip of -87.2 % from the previous quarter. Expenses rose by 92.45 % compared to the previous year, with a decrease of -69.46 % quarter-on-quarter. Operating Profit dropped by -266.67 % annually, and saw a -118.32 % decrease from the last quarter.
Net Profit showed yearly decrease of -104.88 %, and experienced a -101.28 % decrease from the previous quarter. In essence, while Baba Arts Ltd 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.