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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 15.67 % in the past year, substantial increase in net sales/revenue by 18.87 %.
- 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 26.17 %. Marginal increase in other income during this quarter, up by 15.34%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Faze Three Ltd.. Profit dropped by -39.85 % Year to Year, Faze Three Ltd.’s profitability dropped by -29.82 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -39.84 % Year to Year. EPS decreased by -29.83 % 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. 142.08 Cr | Rs. 138.26 Cr | Rs. 164.35 Cr | + 18.87 % | + 15.67 % |
Expenses | Rs. 117.81 Cr | Rs. 114.87 Cr | Rs. 145.92 Cr | + 27.03 % | + 23.86 % |
Operating Profit | Rs. 24.27 Cr | Rs. 23.39 Cr | Rs. 18.43 Cr | -21.21 % | -24.06 % |
OPM % | 17.08 % | 16.92 % | 11.21 % | -5.71 % | -5.87 % |
Other Income | Rs. 1.49 Cr | Rs. 1.63 Cr | Rs. 1.88 Cr | + 15.34 % | + 26.17 % |
Interest | Rs. 2.77 Cr | Rs. 2.66 Cr | Rs. 2.81 Cr | + 5.64 % | + 1.44 % |
Depreciation | Rs. 4.08 Cr | Rs. 5.37 Cr | Rs. 5.75 Cr | + 7.08 % | + 40.93 % |
Profit before tax | Rs. 18.91 Cr | Rs. 16.99 Cr | Rs. 11.75 Cr | -30.84 % | -37.86 % |
Tax % | 21.58 % | 25.19 % | 24.09 % | -1.1 % | + 2.51 % |
Net Profit | Rs. 14.83 Cr | Rs. 12.71 Cr | Rs. 8.92 Cr | -29.82 % | -39.85 % |
EPS in Rs | Rs. 6.1 | Rs. 5.23 | Rs. 3.67 | -29.83 % | -39.84 % |
Today, we’re looking at Faze Three Ltd.’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 15.67 %. However, it did see a marginal increase of 18.87 % from the previous quarter. Expenses ticked up slightly by 27.03 % quarter-on-quarter, aligning with the annual rise of 23.86 %. Operating profit, while down -24.06 % compared to last year, faced a quarter-on-quarter dip of -21.21 %, 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 -5.87 %, but a shrinkage of -5.71 % sequentially. Other income rose by 15.34 % compared to the last quarter, despite an annual growth of 26.17 %. Interest expenses surged remarkably by 5.64 % from the previous quarter, yet the year-over-year increase remains at a moderate 1.44 %. Depreciation costs climbed by 7.08 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 40.93 %. Profit before tax declined annually by -37.86 % but saw a reduction from the preceding quarter by -30.84 %.
Tax expenses as a percentage of profits increased slightly by 2.51 % compared to last year, with a more notable quarter-on-quarter decrease of -1.1 %. Net profit fell by -39.85 % year-on-year but witnessed a -29.82 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -39.84 % but a quarterly fall of -29.83 %. In summary, Faze Three 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. 142.08 Cr | Rs. 138.26 Cr | Rs. 164.35 Cr | + 18.87 % | + 15.67 % |
Expenses | Rs. 117.81 Cr | Rs. 114.87 Cr | Rs. 145.92 Cr | + 27.03 % | + 23.86 % |
Operating Profit | Rs. 24.27 Cr | Rs. 23.39 Cr | Rs. 18.43 Cr | -21.21 % | -24.06 % |
Net Profit | Rs. 14.83 Cr | Rs. 12.71 Cr | Rs. 8.92 Cr | -29.82 % | -39.85 % |
EPS in Rs | Rs. 6.1 | Rs. 5.23 | Rs. 3.67 | -29.83 % | -39.84 % |
In reviewing Faze Three Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 15.67 % year-on-year growth, however, there was a minor increase of 18.87 % from the previous quarter. Expenses rose by 23.86 % compared to the previous year, with a 27.03 % increase quarter-on-quarter. Operating Profit dropped by -24.06 % annually, and saw a -21.21 % decrease from the last quarter.
Net Profit showed yearly decrease of -39.85 %, and experienced a -29.82 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -39.84 % annually, however dipped by -29.83 % compared to the last quarter. In essence, while Faze Three Ltd. faces strong annual decline indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.