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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 28.56 % in the past year, substantial increase in net sales/revenue by 23.91 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -63.96 %, Marginal decrease of -83.74% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Dr.Agarwals Eye Hospital Ltd.. Notable increase of 22.27 % in net profit Year to Year, Dr.Agarwals Eye Hospital Ltd.’s profitability increased by 10.32 % in this quarter.
- EPS over the Year and quarter: EPS increased by 22.28 % Year to Year. EPS increased by 10.33 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 77.8 Cr | Rs. 80.72 Cr | Rs. 100.02 Cr | + 23.91 % | + 28.56 % |
| Expenses | Rs. 55.9 Cr | Rs. 56.28 Cr | Rs. 68.61 Cr | + 21.91 % | + 22.74 % |
| Operating Profit | Rs. 21.9 Cr | Rs. 24.44 Cr | Rs. 31.41 Cr | + 28.52 % | + 43.42 % |
| OPM % | 28.15 % | 30.28 % | 31.4 % | + 1.12 % | + 3.25 % |
| Other Income | Rs. 1.11 Cr | Rs. 2.46 Cr | Rs. 0.4 Cr | -83.74 % | -63.96 % |
| Interest | Rs. 1.62 Cr | Rs. 2.03 Cr | Rs. 3.03 Cr | + 49.26 % | + 87.04 % |
| Depreciation | Rs. 5.85 Cr | Rs. 7.53 Cr | Rs. 9.87 Cr | + 31.08 % | + 68.72 % |
| Profit before tax | Rs. 15.54 Cr | Rs. 17.34 Cr | Rs. 18.91 Cr | + 9.05 % | + 21.69 % |
| Tax % | 25.74 % | 26.24 % | 25.38 % | -0.86 % | -0.36 % |
| Net Profit | Rs. 11.54 Cr | Rs. 12.79 Cr | Rs. 14.11 Cr | + 10.32 % | + 22.27 % |
| EPS in Rs | Rs. 24.55 | Rs. 27.21 | Rs. 30.02 | + 10.33 % | + 22.28 % |
Today, we’re looking at Dr.Agarwals Eye Hospital Ltd.’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 28.56 %. However, it did see a marginal increase of 23.91 % from the previous quarter. Expenses ticked up slightly by 21.91 % quarter-on-quarter, aligning with the annual rise of 22.74 %. Operating profit, while up 43.42 % compared to last year, faced a quarter-on-quarter increase of 28.52 %, 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 3.25 %, but an expansion of 1.12 % sequentially. Other income fell by -83.74 % compared to the last quarter, despite an annual decline of -63.96 %. Interest expenses surged remarkably by 49.26 % from the previous quarter, yet the year-over-year increase remains at a moderate 87.04 %. Depreciation costs climbed by 31.08 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 68.72 %. Profit before tax grew annually by 21.69 % but saw an increase from the preceding quarter by 9.05 %.
Tax expenses as a percentage of profits decreased slightly by -0.36 % compared to last year, with a more notable quarter-on-quarter decrease of -0.86 %. Net profit rose by 22.27 % year-on-year but experienced a 10.32 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 22.28 % but a quarterly rise of 10.33 %. In summary, Dr.Agarwals Eye Hospital 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. 77.8 Cr | Rs. 80.72 Cr | Rs. 100.02 Cr | + 23.91 % | + 28.56 % |
| Expenses | Rs. 55.9 Cr | Rs. 56.28 Cr | Rs. 68.61 Cr | + 21.91 % | + 22.74 % |
| Operating Profit | Rs. 21.9 Cr | Rs. 24.44 Cr | Rs. 31.41 Cr | + 28.52 % | + 43.42 % |
| Net Profit | Rs. 11.54 Cr | Rs. 12.79 Cr | Rs. 14.11 Cr | + 10.32 % | + 22.27 % |
| EPS in Rs | Rs. 24.55 | Rs. 27.21 | Rs. 30.02 | + 10.33 % | + 22.28 % |
In reviewing Dr.Agarwals Eye Hospital Ltd.’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 28.56 % year-on-year growth, however, there was a minor increase of 23.91 % from the previous quarter. Expenses rose by 22.74 % compared to the previous year, with a 21.91 % increase quarter-on-quarter. Operating Profit surged by 43.42 % annually, and saw a 28.52 % increase from the last quarter.
Net Profit showed yearly increase of 22.27 %, and experienced a 10.32 % increase from the previous quarter. Earnings Per Share (EPS) rose by 22.28 % annually, however rose by 10.33 % compared to the last quarter. In essence, while Dr.Agarwals Eye Hospital Ltd. 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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