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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 12.58 % in the past year, substantial increase in net sales/revenue by 325.41 %.
- Income over the Year and quarter:
- Profit over the Year and quarter: Challenges in sustaining profitability for Devine Impex Limited. Profit dropped by -61.11 % Year to Year, Devine Impex Limited’s profitability dropped by -74.07 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -75.00 % Year to Year. EPS decreased by -83.33 % 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. 0.922 Cr | Rs. 0.244 Cr | Rs. 1.038 Cr | + 325.41 % | + 12.58 % |
Expenses | Rs. 0.87 Cr | Rs. 0.18 Cr | Rs. 1.02 Cr | + 466.67 % | + 17.24 % |
Operating Profit | Rs. 0.05 Cr | Rs. 0.06 Cr | Rs. 0.02 Cr | -66.67 % | -60 % |
OPM % | 5.42 % | 24.59 % | 1.93 % | -22.66 % | -3.49 % |
Other Income | Rs. 0 Cr | Rs. -0 Cr | Rs. -0 Cr | 0 % | 0 % |
Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Depreciation | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Profit before tax | Rs. 0.05 Cr | Rs. 0.06 Cr | Rs. 0.02 Cr | -66.67 % | -60 % |
Tax % | 26.53 % | 14.29 % | 26.32 % | + 12.03 % | -0.21 % |
Net Profit | Rs. 0.04 Cr | Rs. 0.05 Cr | Rs. 0.01 Cr | -80 % | -75 % |
EPS in Rs | Rs. 0.04 | Rs. 0.06 | Rs. 0.01 | -83.33 % | -75 % |
Today, we’re looking at Devine Impex 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 12.58 %. However, it did see a marginal increase of 325.41 % from the previous quarter. Expenses ticked up slightly by 466.67 % quarter-on-quarter, aligning with the annual rise of 17.24 %. Operating profit, while down -60 % compared to last year, faced a quarter-on-quarter dip of -66.67 %, 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 -3.49 %, but a shrinkage of -22.66 % sequentially. Profit before tax declined annually by -60 % but saw a reduction from the preceding quarter by -66.67 %.
Tax expenses as a percentage of profits decreased slightly by -0.21 % compared to last year, with a more notable quarter-on-quarter increase of 12.03 %. Net profit fell by -75 % year-on-year but witnessed a -80 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -75 % but a quarterly fall of -83.33 %. In summary, Devine Impex 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. 0.922 Cr | Rs. 0.244 Cr | Rs. 1.038 Cr | + 325.41 % | + 12.58 % |
Expenses | Rs. 0.87 Cr | Rs. 0.18 Cr | Rs. 1.02 Cr | + 466.67 % | + 17.24 % |
Operating Profit | Rs. 0.05 Cr | Rs. 0.06 Cr | Rs. 0.02 Cr | -66.67 % | -60 % |
Net Profit | Rs. 0.04 Cr | Rs. 0.05 Cr | Rs. 0.01 Cr | -80 % | -75 % |
EPS in Rs | Rs. 0.04 | Rs. 0.06 | Rs. 0.01 | -83.33 % | -75 % |
In reviewing Devine Impex Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 12.58 % year-on-year growth, however, there was a minor increase of 325.41 % from the previous quarter. Expenses rose by 17.24 % compared to the previous year, with a 466.67 % increase quarter-on-quarter. Operating Profit dropped by -60 % annually, and saw a -66.67 % decrease from the last quarter.
Net Profit showed yearly decrease of -75 %, and experienced a -80 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -75 % annually, however dipped by -83.33 % compared to the last quarter. In essence, while Devine Impex Limited 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.