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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 27.13 % in the past year, substantial increase in net sales/revenue by 127.7 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -27.96 %, Marginal decrease of -19.11% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Eldeco Housing And Industries Limited. Profit dropped by -21.52 % Year to Year, Eldeco Housing And Industries Limited’s profitability increased by 44.09 % in this quarter.
- EPS over the Year and quarter: EPS declined by -21.57 % Year to Year. EPS increased by 44.12 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 38.701 Cr | Rs. 21.607 Cr | Rs. 49.2 Cr | + 127.7 % | + 27.13 % |
Expenses | Rs. 20.61 Cr | Rs. 12.34 Cr | Rs. 34.28 Cr | + 177.8 % | + 66.33 % |
Operating Profit | Rs. 18.09 Cr | Rs. 9.27 Cr | Rs. 14.92 Cr | + 60.95 % | -17.52 % |
OPM % | 46.74 % | 42.9 % | 30.33 % | -12.57 % | -16.41 % |
Other Income | Rs. 3.29 Cr | Rs. 2.93 Cr | Rs. 2.37 Cr | -19.11 % | -27.96 % |
Interest | Rs. 0.52 Cr | Rs. 1.14 Cr | Rs. 1.58 Cr | + 38.6 % | + 203.85 % |
Depreciation | Rs. 0.17 Cr | Rs. 0.17 Cr | Rs. 0.29 Cr | + 70.59 % | + 70.59 % |
Profit before tax | Rs. 20.69 Cr | Rs. 10.89 Cr | Rs. 15.42 Cr | + 41.6 % | -25.47 % |
Tax % | 27.98 % | 25.37 % | 24.15 % | -1.22 % | -3.83 % |
Net Profit | Rs. 14.9 Cr | Rs. 8.12 Cr | Rs. 11.7 Cr | + 44.09 % | -21.48 % |
EPS in Rs | Rs. 15.16 | Rs. 8.25 | Rs. 11.89 | + 44.12 % | -21.57 % |
Today, we’re looking at Eldeco Housing And Industries 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 27.13 %. However, it did see a marginal increase of 127.7 % from the previous quarter. Expenses ticked up slightly by 177.8 % quarter-on-quarter, aligning with the annual rise of 66.33 %. Operating profit, while down -17.52 % compared to last year, faced a quarter-on-quarter increase of 60.95 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -16.41 %, but a shrinkage of -12.57 % sequentially. Other income fell by -19.11 % compared to the last quarter, despite an annual decline of -27.96 %. Interest expenses surged remarkably by 38.6 % from the previous quarter, yet the year-over-year increase remains at a moderate 203.85 %. Depreciation costs climbed by 70.59 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 70.59 %. Profit before tax declined annually by -25.47 % but saw an increase from the preceding quarter by 41.6 %.
Tax expenses as a percentage of profits decreased slightly by -3.83 % compared to last year, with a more notable quarter-on-quarter decrease of -1.22 %. Net profit fell by -21.48 % year-on-year but experienced a 44.09 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -21.57 % but a quarterly rise of 44.12 %. In summary, Eldeco Housing And Industries 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. 38.701 Cr | Rs. 21.607 Cr | Rs. 49.2 Cr | + 127.7 % | + 27.13 % |
Expenses | Rs. 20.61 Cr | Rs. 12.34 Cr | Rs. 34.28 Cr | + 177.8 % | + 66.33 % |
Operating Profit | Rs. 18.09 Cr | Rs. 9.27 Cr | Rs. 14.92 Cr | + 60.95 % | -17.52 % |
Net Profit | Rs. 14.9 Cr | Rs. 8.12 Cr | Rs. 11.7 Cr | + 44.09 % | -21.48 % |
EPS in Rs | Rs. 15.16 | Rs. 8.25 | Rs. 11.89 | + 44.12 % | -21.57 % |
In reviewing Eldeco Housing And Industries Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 27.13 % year-on-year growth, however, there was a minor increase of 127.7 % from the previous quarter. Expenses rose by 66.33 % compared to the previous year, with a 177.8 % increase quarter-on-quarter. Operating Profit dropped by -17.52 % annually, and saw a 60.95 % increase from the last quarter.
Net Profit showed yearly decrease of -21.48 %, and experienced a 44.09 % increase from the previous quarter. Earnings Per Share (EPS) fell by -21.57 % annually, however rose by 44.12 % compared to the last quarter. In essence, while Eldeco Housing And Industries 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.