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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 20.46 % in the past year, substantial increase in net sales/revenue by 14.11 %.
- 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 63.18 %. Marginal increase in other income during this quarter, up by 65.18%.
- Profit over the Year and quarter: Significant improvement in profitability for Dreamfolks Services Limited. Notable increase of 32.33 % in net profit Year to Year, Dreamfolks Services Limited’s profitability dropped by -4.59 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 32.24 % Year to Year. EPS decreased by -4.71 % 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. 266.321 Cr | Rs. 281.136 Cr | Rs. 320.8 Cr | + 14.11 % | + 20.46 % |
| Expenses | Rs. 248.7 Cr | Rs. 256.42 Cr | Rs. 297.92 Cr | + 16.18 % | + 19.79 % |
| Operating Profit | Rs. 17.62 Cr | Rs. 24.72 Cr | Rs. 22.88 Cr | -7.44 % | + 29.85 % |
| OPM % | 6.62 % | 8.79 % | 7.13 % | -1.66 % | + 0.51 % |
| Other Income | Rs. 1.07 Cr | Rs. 1.057 Cr | Rs. 1.746 Cr | + 65.18 % | + 63.18 % |
| Interest | Rs. 0.21 Cr | Rs. 0.41 Cr | Rs. 0.29 Cr | -29.27 % | + 38.1 % |
| Depreciation | Rs. 0.86 Cr | Rs. 0.96 Cr | Rs. 0.9 Cr | -6.25 % | + 4.65 % |
| Profit before tax | Rs. 17.62 Cr | Rs. 24.41 Cr | Rs. 23.44 Cr | -3.97 % | + 33.03 % |
| Tax % | 26.44 % | 26.32 % | 26.84 % | + 0.52 % | + 0.4 % |
| Net Profit | Rs. 12.96 Cr | Rs. 17.98 Cr | Rs. 17.15 Cr | -4.62 % | + 32.33 % |
| EPS in Rs | Rs. 2.37 | Rs. 3.29 | Rs. 3.14 | -4.56 % | + 32.49 % |
Today, we’re looking at Dreamfolks Services 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 20.46 %. However, it did see a marginal increase of 14.11 % from the previous quarter. Expenses ticked up slightly by 16.18 % quarter-on-quarter, aligning with the annual rise of 19.79 %. Operating profit, while up 29.85 % compared to last year, faced a quarter-on-quarter dip of -7.44 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 0.51 %, but a shrinkage of -1.66 % sequentially. Other income rose by 65.18 % compared to the last quarter, despite an annual growth of 63.18 %. Interest expenses dropped significantly by -29.27 % from the previous quarter, yet the year-over-year increase remains at a moderate 38.1 %. Depreciation costs fell by -6.25 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 4.65 %. Profit before tax grew annually by 33.03 % but saw a reduction from the preceding quarter by -3.97 %.
Tax expenses as a percentage of profits increased slightly by 0.4 % compared to last year, with a more notable quarter-on-quarter increase of 0.52 %. Net profit rose by 32.33 % year-on-year but witnessed a -4.62 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 32.49 % but a quarterly fall of -4.56 %. In summary, Dreamfolks Services 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. 266.321 Cr | Rs. 281.136 Cr | Rs. 320.8 Cr | + 14.11 % | + 20.46 % |
| Expenses | Rs. 248.7 Cr | Rs. 256.42 Cr | Rs. 297.92 Cr | + 16.18 % | + 19.79 % |
| Operating Profit | Rs. 17.62 Cr | Rs. 24.72 Cr | Rs. 22.88 Cr | -7.44 % | + 29.85 % |
| Net Profit | Rs. 12.96 Cr | Rs. 17.98 Cr | Rs. 17.15 Cr | -4.62 % | + 32.33 % |
| EPS in Rs | Rs. 2.37 | Rs. 3.29 | Rs. 3.14 | -4.56 % | + 32.49 % |
In reviewing Dreamfolks Services Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 20.46 % year-on-year growth, however, there was a minor increase of 14.11 % from the previous quarter. Expenses rose by 19.79 % compared to the previous year, with a 16.18 % increase quarter-on-quarter. Operating Profit surged by 29.85 % annually, and saw a -7.44 % decrease from the last quarter.
Net Profit showed yearly increase of 32.33 %, and experienced a -4.62 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 32.49 % annually, however dipped by -4.56 % compared to the last quarter. In essence, while Dreamfolks Services Limited 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.
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