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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 22.47 % in the past year, decrease in net sales/revenue by -13.69 %.
- 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 147.62 %. Marginal decrease of -47.37% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for ESPIRE HOSPITALITY LIMITED. Profit dropped by -558.68 % Year to Year, ESPIRE HOSPITALITY LIMITED’s profitability dropped by -13.93 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 1,325.00 % Year to Year. EPS decreased by -13.64 % 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. 8.079 Cr | Rs. 11.463 Cr | Rs. 9.894 Cr | -13.69 % | + 22.47 % |
Expenses | Rs. 6.76 Cr | Rs. 9.36 Cr | Rs. 8.72 Cr | -6.84 % | + 28.99 % |
Operating Profit | Rs. 1.32 Cr | Rs. 2.1 Cr | Rs. 1.17 Cr | -44.29 % | -11.36 % |
OPM % | 16.34 % | 18.32 % | 11.83 % | -6.49 % | -4.51 % |
Other Income | Rs. -0.21 Cr | Rs. 0.19 Cr | Rs. 0.1 Cr | -47.37 % | + 147.62 % |
Interest | Rs. 0.3 Cr | Rs. 0.35 Cr | Rs. 0.37 Cr | + 5.71 % | + 23.33 % |
Depreciation | Rs. 0.78 Cr | Rs. 0.75 Cr | Rs. 0.66 Cr | -12 % | -15.38 % |
Profit before tax | Rs. 0.03 Cr | Rs. 1.19 Cr | Rs. 0.24 Cr | -79.83 % | + 700 % |
Tax % | 718.52 % | 25.15 % | 220.5 % | + 195.35 % | -498.02 % |
Net Profit | Rs. -0.17 Cr | Rs. 0.89 Cr | Rs. 0.77 Cr | -13.48 % | + 552.94 % |
EPS in Rs | Rs. 0.04 | Rs. 0.66 | Rs. 0.57 | -13.64 % | + 1325 % |
Today, we’re looking at ESPIRE HOSPITALITY 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 22.47 %. However, it did see a marginal slip of -13.69 % from the previous quarter. Expenses decreased slightly by -6.84 % quarter-on-quarter, aligning with the annual rise of 28.99 %. Operating profit, while down -11.36 % compared to last year, faced a quarter-on-quarter dip of -44.29 %, 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 -4.51 %, but a shrinkage of -6.49 % sequentially. Other income fell by -47.37 % compared to the last quarter, despite an annual growth of 147.62 %. Interest expenses surged remarkably by 5.71 % from the previous quarter, yet the year-over-year increase remains at a moderate 23.33 %. Depreciation costs fell by -12 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -15.38 %. Profit before tax grew annually by 700 % but saw a reduction from the preceding quarter by -79.83 %.
Tax expenses as a percentage of profits decreased slightly by -498.02 % compared to last year, with a more notable quarter-on-quarter increase of 195.35 %. Net profit rose by 552.94 % year-on-year but witnessed a -13.48 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 1325 % but a quarterly fall of -13.64 %. In summary, ESPIRE HOSPITALITY 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. 8.079 Cr | Rs. 11.463 Cr | Rs. 9.894 Cr | -13.69 % | + 22.47 % |
Expenses | Rs. 6.76 Cr | Rs. 9.36 Cr | Rs. 8.72 Cr | -6.84 % | + 28.99 % |
Operating Profit | Rs. 1.32 Cr | Rs. 2.1 Cr | Rs. 1.17 Cr | -44.29 % | -11.36 % |
Net Profit | Rs. -0.17 Cr | Rs. 0.89 Cr | Rs. 0.77 Cr | -13.48 % | + 552.94 % |
EPS in Rs | Rs. 0.04 | Rs. 0.66 | Rs. 0.57 | -13.64 % | + 1325 % |
In reviewing ESPIRE HOSPITALITY LIMITED’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 22.47 % year-on-year growth, although there was a slight dip of -13.69 % from the previous quarter. Expenses rose by 28.99 % compared to the previous year, with a decrease of -6.84 % quarter-on-quarter. Operating Profit dropped by -11.36 % annually, and saw a -44.29 % decrease from the last quarter.
Net Profit showed yearly increase of 552.94 %, and experienced a -13.48 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 1325 % annually, however dipped by -13.64 % compared to the last quarter. In essence, while ESPIRE HOSPITALITY 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.