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Highlights
- Sales over the Year and quarter: The company’s sales declined by -174.85 % over the year, decrease in net sales/revenue by -56.81 %.
- 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 461.9 %. Marginal increase in other income during this quarter, up by 1375%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Daulat Securities Ltd.. Profit dropped by -108.45 % Year to Year, Daulat Securities Ltd.’s profitability dropped by -93.12 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -374.77 % Year to Year. EPS decreased by -8.68 % 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. -1.173 Cr | Rs. 2.033 Cr | Rs. 0.878 Cr | -56.81 % | + 174.85 % |
| Expenses | Rs. 0.2 Cr | Rs. 0.44 Cr | Rs. 0.68 Cr | + 54.55 % | + 240 % |
| Operating Profit | Rs. -1.37 Cr | Rs. 1.59 Cr | Rs. 0.2 Cr | -87.42 % | + 114.6 % |
| OPM % | 116.79 % | 78.21 % | 22.78 % | -55.43 % | -94.01 % |
| Other Income | Rs. 0.21 Cr | Rs. 0.08 Cr | Rs. 1.18 Cr | + 1375 % | + 461.9 % |
| Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
| Depreciation | Rs. 0.07 Cr | Rs. 0 Cr | Rs. 0.07 Cr | 0 % | + 0 % |
| Profit before tax | Rs. -1.23 Cr | Rs. 1.67 Cr | Rs. 1.31 Cr | -21.56 % | + 206.5 % |
| Tax % | -9.94 % | 0.06 % | 91.07 % | + 91.01 % | + 101.01 % |
| Net Profit | Rs. -1.36 Cr | Rs. 1.67 Cr | Rs. 0.12 Cr | -92.81 % | + 108.82 % |
| EPS in Rs | Rs. -1.11 | Rs. 3.34 | Rs. 3.05 | -8.68 % | + 374.77 % |
Today, we’re looking at Daulat Securities Ltd.’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 174.85 %. However, it did see a marginal slip of -56.81 % from the previous quarter. Expenses ticked up slightly by 54.55 % quarter-on-quarter, aligning with the annual rise of 240 %. Operating profit, while up 114.6 % compared to last year, faced a quarter-on-quarter dip of -87.42 %, 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 -94.01 %, but a shrinkage of -55.43 % sequentially. Other income rose by 1375 % compared to the last quarter, despite an annual growth of 461.9 %. whereas on an annual scale, they saw an increase of 0 %. Profit before tax grew annually by 206.5 % but saw a reduction from the preceding quarter by -21.56 %.
Tax expenses as a percentage of profits increased slightly by 101.01 % compared to last year, with a more notable quarter-on-quarter increase of 91.01 %. Net profit rose by 108.82 % year-on-year but witnessed a -92.81 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 374.77 % but a quarterly fall of -8.68 %. In summary, Daulat Securities 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. -1.173 Cr | Rs. 2.033 Cr | Rs. 0.878 Cr | -56.81 % | + 174.85 % |
| Expenses | Rs. 0.2 Cr | Rs. 0.44 Cr | Rs. 0.68 Cr | + 54.55 % | + 240 % |
| Operating Profit | Rs. -1.37 Cr | Rs. 1.59 Cr | Rs. 0.2 Cr | -87.42 % | + 114.6 % |
| Net Profit | Rs. -1.36 Cr | Rs. 1.67 Cr | Rs. 0.12 Cr | -92.81 % | + 108.82 % |
| EPS in Rs | Rs. -1.11 | Rs. 3.34 | Rs. 3.05 | -8.68 % | + 374.77 % |
In reviewing Daulat Securities Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 174.85 % year-on-year growth, although there was a slight dip of -56.81 % from the previous quarter. Expenses rose by 240 % compared to the previous year, with a 54.55 % increase quarter-on-quarter. Operating Profit surged by 114.6 % annually, and saw a -87.42 % decrease from the last quarter.
Net Profit showed yearly increase of 108.82 %, and experienced a -92.81 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 374.77 % annually, however dipped by -8.68 % compared to the last quarter. In essence, while Daulat Securities Ltd. exhibits strong annual growth indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.
