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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 experienced a substantial growth of 12.06 % in the past year, substantial increase in net sales/revenue by 12.06 %.
- Profit over the Year and quarter: Significant improvement in profitability for Citadel Realty And Developers Limited. Notable increase of 6.27 % in net profit Year to Year, Citadel Realty And Developers Limited’s profitability increased by 8.54 % in this quarter.
- EPS over the Year and quarter: EPS increased by 8.33 % Year to Year. EPS increased by 8.33 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 0.788 Cr | Rs. 0.788 Cr | Rs. 0.883 Cr | + 12.06 % | + 12.06 % |
Expenses | Rs. 0.06 Cr | Rs. 0.07 Cr | Rs. 0.06 Cr | -14.29 % | + 0 % |
Operating Profit | Rs. 0.73 Cr | Rs. 0.72 Cr | Rs. 0.82 Cr | + 13.89 % | + 12.33 % |
OPM % | 92.64 % | 91.37 % | 92.87 % | + 1.5 % | + 0.23 % |
Other Income | Rs. 0 Cr | Rs. 0.013 Cr | Rs. 0 Cr | 0 % | 0 % |
Interest | Rs. 0.34 Cr | Rs. 0.36 Cr | Rs. 0.41 Cr | + 13.89 % | + 20.59 % |
Depreciation | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Profit before tax | Rs. 0.39 Cr | Rs. 0.37 Cr | Rs. 0.41 Cr | + 10.81 % | + 5.13 % |
Tax % | 25.98 % | 25.9 % | 26.01 % | + 0.11 % | + 0.03 % |
Net Profit | Rs. 0.29 Cr | Rs. 0.28 Cr | Rs. 0.31 Cr | + 10.71 % | + 6.9 % |
EPS in Rs | Rs. 0.36 | Rs. 0.36 | Rs. 0.39 | + 8.33 % | + 8.33 % |
Today, we’re looking at Citadel Realty And Developers Limited’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 12.06 %. However, it did see a marginal increase of 12.06 % from the previous quarter. Expenses decreased slightly by -14.29 % quarter-on-quarter, aligning with the annual rise of 0 %. Operating profit, while up 12.33 % compared to last year, faced a quarter-on-quarter increase of 13.89 %, 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 0.23 %, but an expansion of 1.5 % sequentially. Interest expenses surged remarkably by 13.89 % from the previous quarter, yet the year-over-year increase remains at a moderate 20.59 %. Profit before tax grew annually by 5.13 % but saw an increase from the preceding quarter by 10.81 %.
Tax expenses as a percentage of profits increased slightly by 0.03 % compared to last year, with a more notable quarter-on-quarter increase of 0.11 %. Net profit rose by 6.9 % year-on-year but experienced a 10.71 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 8.33 % but a quarterly rise of 8.33 %. In summary, Citadel Realty And Developers 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. 0.788 Cr | Rs. 0.788 Cr | Rs. 0.883 Cr | + 12.06 % | + 12.06 % |
Expenses | Rs. 0.06 Cr | Rs. 0.07 Cr | Rs. 0.06 Cr | -14.29 % | + 0 % |
Operating Profit | Rs. 0.73 Cr | Rs. 0.72 Cr | Rs. 0.82 Cr | + 13.89 % | + 12.33 % |
Net Profit | Rs. 0.29 Cr | Rs. 0.28 Cr | Rs. 0.31 Cr | + 10.71 % | + 6.9 % |
EPS in Rs | Rs. 0.36 | Rs. 0.36 | Rs. 0.39 | + 8.33 % | + 8.33 % |
In reviewing Citadel Realty And Developers Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 12.06 % year-on-year growth, however, there was a minor increase of 12.06 % from the previous quarter. Expenses rose by 0 % compared to the previous year, with a decrease of -14.29 % quarter-on-quarter. Operating Profit surged by 12.33 % annually, and saw a 13.89 % increase from the last quarter.
Net Profit showed yearly increase of 6.9 %, and experienced a 10.71 % increase from the previous quarter. Earnings Per Share (EPS) rose by 8.33 % annually, however rose by 8.33 % compared to the last quarter. In essence, while Citadel Realty And Developers 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.
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