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Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 23.52 % in the past year, decrease in net sales/revenue by -13.44 %.
- Profit over the Year and quarter: Challenges in sustaining profitability for DB (International) Stock Brokers Limited. Profit dropped by -7.38 % Year to Year, DB (International) Stock Brokers Limited’s profitability dropped by -3.93 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -7.27 % Year to Year. EPS decreased by -3.77 % 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. 10.096 Cr | Rs. 14.408 Cr | Rs. 12.471 Cr | -13.44 % | + 23.52 % |
Expenses | Rs. 6.91 Cr | Rs. 10.86 Cr | Rs. 8.97 Cr | -17.4 % | + 29.81 % |
Operating Profit | Rs. 3.19 Cr | Rs. 3.55 Cr | Rs. 3.5 Cr | -1.41 % | + 9.72 % |
OPM % | 31.6 % | 24.64 % | 28.07 % | + 3.43 % | -3.53 % |
Other Income | Rs. 0.002 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Interest | Rs. 0.25 Cr | Rs. 0.92 Cr | Rs. 0.82 Cr | -10.87 % | + 228 % |
Depreciation | Rs. 0.53 Cr | Rs. 0.36 Cr | Rs. 0.32 Cr | -11.11 % | -39.62 % |
Profit before tax | Rs. 2.41 Cr | Rs. 2.27 Cr | Rs. 2.36 Cr | + 3.96 % | -2.07 % |
Tax % | 20.07 % | 18.2 % | 24.55 % | + 6.35 % | + 4.48 % |
Net Profit | Rs. 1.93 Cr | Rs. 1.86 Cr | Rs. 1.78 Cr | -4.3 % | -7.77 % |
EPS in Rs | Rs. 0.55 | Rs. 0.53 | Rs. 0.51 | -3.77 % | -7.27 % |
Today, we’re looking at DB (International) Stock Brokers 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 23.52 %. However, it did see a marginal slip of -13.44 % from the previous quarter. Expenses decreased slightly by -17.4 % quarter-on-quarter, aligning with the annual rise of 29.81 %. Operating profit, while up 9.72 % compared to last year, faced a quarter-on-quarter dip of -1.41 %, 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 -3.53 %, but an expansion of 3.43 % sequentially. Interest expenses dropped significantly by -10.87 % from the previous quarter, yet the year-over-year increase remains at a moderate 228 %. Depreciation costs fell by -11.11 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -39.62 %. Profit before tax declined annually by -2.07 % but saw an increase from the preceding quarter by 3.96 %.
Tax expenses as a percentage of profits increased slightly by 4.48 % compared to last year, with a more notable quarter-on-quarter increase of 6.35 %. Net profit fell by -7.77 % year-on-year but witnessed a -4.3 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -7.27 % but a quarterly fall of -3.77 %. In summary, DB (International) Stock Brokers 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. 10.096 Cr | Rs. 14.408 Cr | Rs. 12.471 Cr | -13.44 % | + 23.52 % |
Expenses | Rs. 6.91 Cr | Rs. 10.86 Cr | Rs. 8.97 Cr | -17.4 % | + 29.81 % |
Operating Profit | Rs. 3.19 Cr | Rs. 3.55 Cr | Rs. 3.5 Cr | -1.41 % | + 9.72 % |
Net Profit | Rs. 1.93 Cr | Rs. 1.86 Cr | Rs. 1.78 Cr | -4.3 % | -7.77 % |
EPS in Rs | Rs. 0.55 | Rs. 0.53 | Rs. 0.51 | -3.77 % | -7.27 % |
In reviewing DB (International) Stock Brokers Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 23.52 % year-on-year growth, although there was a slight dip of -13.44 % from the previous quarter. Expenses rose by 29.81 % compared to the previous year, with a decrease of -17.4 % quarter-on-quarter. Operating Profit surged by 9.72 % annually, and saw a -1.41 % decrease from the last quarter.
Net Profit showed yearly decrease of -7.77 %, and experienced a -4.3 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -7.27 % annually, however dipped by -3.77 % compared to the last quarter. In essence, while DB (International) Stock Brokers Limited faces strong annual decline 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.