Share the post "FAMILY CARE HOSPITALS ‘s Q1 Report: Revenue Falls by 66.74% YoY"
Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company’s sales declined by -66.74 % over the year, decrease in net sales/revenue by -6.53 %.
- 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 74.09 %. Marginal decrease of -77.07% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for FAMILY CARE HOSPITALS LIMITED. Profit dropped by -83.18 % Year to Year, FAMILY CARE HOSPITALS LIMITED’s profitability dropped by -97.37 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -84.00 % Year to Year. EPS decreased by -97.48 % 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. 11.931 Cr | Rs. 4.245 Cr | Rs. 3.968 Cr | -6.53 % | -66.74 % |
| Expenses | Rs. 9.66 Cr | Rs. 3.27 Cr | Rs. 3.74 Cr | + 14.37 % | -61.28 % |
| Operating Profit | Rs. 2.27 Cr | Rs. 0.98 Cr | Rs. 0.23 Cr | -76.53 % | -89.87 % |
| OPM % | 19.03 % | 23.09 % | 5.8 % | -17.29 % | -13.23 % |
| Other Income | Rs. 0.274 Cr | Rs. 2.08 Cr | Rs. 0.477 Cr | -77.07 % | + 74.09 % |
| Interest | Rs. 0.29 Cr | Rs. 0.09 Cr | Rs. 0.09 Cr | + 0 % | -68.97 % |
| Depreciation | Rs. 0.36 Cr | Rs. 0.34 Cr | Rs. 0.32 Cr | -5.88 % | -11.11 % |
| Profit before tax | Rs. 1.89 Cr | Rs. 2.63 Cr | Rs. 0.3 Cr | -88.59 % | -84.13 % |
| Tax % | 29.15 % | 227.48 % | 25.17 % | -202.31 % | -3.98 % |
| Net Profit | Rs. 1.34 Cr | Rs. 8.58 Cr | Rs. 0.23 Cr | -97.32 % | -82.84 % |
| EPS in Rs | Rs. 0.25 | Rs. 1.59 | Rs. 0.04 | -97.48 % | -84 % |
Today, we’re looking at FAMILY CARE HOSPITALS LIMITED’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -66.74 %. However, it did see a marginal slip of -6.53 % from the previous quarter. Expenses ticked up slightly by 14.37 % quarter-on-quarter, aligning with the annual decline of -61.28 %. Operating profit, while down -89.87 % compared to last year, faced a quarter-on-quarter dip of -76.53 %, 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 -13.23 %, but a shrinkage of -17.29 % sequentially. Other income fell by -77.07 % compared to the last quarter, despite an annual growth of 74.09 %. Interest expenses surged remarkably by 0 % from the previous quarter, yet the year-over-year decrease remains at a moderate -68.97 %. Depreciation costs fell by -5.88 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -11.11 %. Profit before tax declined annually by -84.13 % but saw a reduction from the preceding quarter by -88.59 %.
Tax expenses as a percentage of profits decreased slightly by -3.98 % compared to last year, with a more notable quarter-on-quarter decrease of -202.31 %. Net profit fell by -82.84 % year-on-year but witnessed a -97.32 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -84 % but a quarterly fall of -97.48 %. In summary, FAMILY CARE HOSPITALS 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. 11.931 Cr | Rs. 4.245 Cr | Rs. 3.968 Cr | -6.53 % | -66.74 % |
| Expenses | Rs. 9.66 Cr | Rs. 3.27 Cr | Rs. 3.74 Cr | + 14.37 % | -61.28 % |
| Operating Profit | Rs. 2.27 Cr | Rs. 0.98 Cr | Rs. 0.23 Cr | -76.53 % | -89.87 % |
| Net Profit | Rs. 1.34 Cr | Rs. 8.58 Cr | Rs. 0.23 Cr | -97.32 % | -82.84 % |
| EPS in Rs | Rs. 0.25 | Rs. 1.59 | Rs. 0.04 | -97.48 % | -84 % |
In reviewing FAMILY CARE HOSPITALS LIMITED’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -66.74 % year-on-year, although there was a slight dip of -6.53 % from the previous quarter. Expenses decreased by -61.28 % compared to the previous year, with a 14.37 % increase quarter-on-quarter. Operating Profit dropped by -89.87 % annually, and saw a -76.53 % decrease from the last quarter.
Net Profit showed yearly decrease of -82.84 %, and experienced a -97.32 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -84 % annually, however dipped by -97.48 % compared to the last quarter. In essence, while FAMILY CARE HOSPITALS 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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