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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 23.79 % in the past year, substantial increase in net sales/revenue by 11.93 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -22.38 %, Marginal decrease of -1.29% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Chalet Hotels Limited. Notable increase of 110.43 % in net profit Year to Year, Chalet Hotels Limited’s profitability increased by 16.7 % in this quarter.
- EPS over the Year and quarter: EPS increased by 109.95 % Year to Year. EPS increased by 16.57 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 337.874 Cr | Rs. 373.668 Cr | Rs. 418.264 Cr | + 11.93 % | + 23.79 % |
Expenses | Rs. 185.51 Cr | Rs. 207.67 Cr | Rs. 235.4 Cr | + 13.35 % | + 26.89 % |
Operating Profit | Rs. 152.36 Cr | Rs. 166 Cr | Rs. 182.86 Cr | + 10.16 % | + 20.02 % |
OPM % | 45.09 % | 44.42 % | 43.72 % | -0.7 % | -1.37 % |
Other Income | Rs. 7.91 Cr | Rs. 6.22 Cr | Rs. 6.14 Cr | -1.29 % | -22.38 % |
Interest | Rs. 40.53 Cr | Rs. 48.25 Cr | Rs. 52.87 Cr | + 9.58 % | + 30.45 % |
Depreciation | Rs. 29.84 Cr | Rs. 35.32 Cr | Rs. 37.12 Cr | + 5.1 % | + 24.4 % |
Profit before tax | Rs. 89.9 Cr | Rs. 88.65 Cr | Rs. 99.01 Cr | + 11.69 % | + 10.13 % |
Tax % | 45.18 % | 20.32 % | 16.75 % | -3.57 % | -28.43 % |
Net Profit | Rs. 39.18 Cr | Rs. 70.64 Cr | Rs. 82.44 Cr | + 16.7 % | + 110.41 % |
EPS in Rs | Rs. 1.79 | Rs. 3.44 | Rs. 4.01 | + 16.57 % | + 124.02 % |
Today, we’re looking at Chalet Hotels 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 23.79 %. However, it did see a marginal increase of 11.93 % from the previous quarter. Expenses ticked up slightly by 13.35 % quarter-on-quarter, aligning with the annual rise of 26.89 %. Operating profit, while up 20.02 % compared to last year, faced a quarter-on-quarter increase of 10.16 %, 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 -1.37 %, but a shrinkage of -0.7 % sequentially. Other income fell by -1.29 % compared to the last quarter, despite an annual decline of -22.38 %. Interest expenses surged remarkably by 9.58 % from the previous quarter, yet the year-over-year increase remains at a moderate 30.45 %. Depreciation costs climbed by 5.1 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 24.4 %. Profit before tax grew annually by 10.13 % but saw an increase from the preceding quarter by 11.69 %.
Tax expenses as a percentage of profits decreased slightly by -28.43 % compared to last year, with a more notable quarter-on-quarter decrease of -3.57 %. Net profit rose by 110.41 % year-on-year but experienced a 16.7 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 124.02 % but a quarterly rise of 16.57 %. In summary, Chalet Hotels 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. 337.874 Cr | Rs. 373.668 Cr | Rs. 418.264 Cr | + 11.93 % | + 23.79 % |
Expenses | Rs. 185.51 Cr | Rs. 207.67 Cr | Rs. 235.4 Cr | + 13.35 % | + 26.89 % |
Operating Profit | Rs. 152.36 Cr | Rs. 166 Cr | Rs. 182.86 Cr | + 10.16 % | + 20.02 % |
Net Profit | Rs. 39.18 Cr | Rs. 70.64 Cr | Rs. 82.44 Cr | + 16.7 % | + 110.41 % |
EPS in Rs | Rs. 1.79 | Rs. 3.44 | Rs. 4.01 | + 16.57 % | + 124.02 % |
In reviewing Chalet Hotels Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 23.79 % year-on-year growth, however, there was a minor increase of 11.93 % from the previous quarter. Expenses rose by 26.89 % compared to the previous year, with a 13.35 % increase quarter-on-quarter. Operating Profit surged by 20.02 % annually, and saw a 10.16 % increase from the last quarter.
Net Profit showed yearly increase of 110.41 %, and experienced a 16.7 % increase from the previous quarter. Earnings Per Share (EPS) rose by 124.02 % annually, however rose by 16.57 % compared to the last quarter. In essence, while Chalet Hotels 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.