Share the post "Filatex Fashions : Q4 2024 Financial Quarterly Report : YoY Sales Up 51.28 %, QoQ Up 38.76 %"
Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 51.28 % in the past year, substantial increase in net sales/revenue by 38.76 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -28.18 %, Marginal increase in other income during this quarter, up by 12900%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Filatex Fashions Ltd. Profit dropped by -33.84 % Year to Year, Filatex Fashions Ltd’s profitability dropped by -13.95 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -94.74 % Year to Year. EPS increased by 0 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 40.821 Cr | Rs. 44.505 Cr | Rs. 61.755 Cr | + 38.76 % | + 51.28 % |
| Expenses | Rs. 38.52 Cr | Rs. 39.71 Cr | Rs. 60.92 Cr | + 53.41 % | + 58.15 % |
| Operating Profit | Rs. 2.3 Cr | Rs. 4.8 Cr | Rs. 0.83 Cr | -82.71 % | -63.91 % |
| OPM % | 5.63 % | 10.79 % | 1.34 % | -9.45 % | -4.29 % |
| Other Income | Rs. 3.62 Cr | Rs. 0.02 Cr | Rs. 2.6 Cr | + 12900 % | -28.18 % |
| Interest | Rs. 0.34 Cr | Rs. 0.37 Cr | Rs. 0.49 Cr | + 32.43 % | + 44.12 % |
| Depreciation | Rs. 0.16 Cr | Rs. 0.15 Cr | Rs. 0.23 Cr | + 53.33 % | + 43.75 % |
| Profit before tax | Rs. 5.42 Cr | Rs. 4.3 Cr | Rs. 2.71 Cr | -36.98 % | -50 % |
| Tax % | 32.13 % | 34.27 % | 10.08 % | -24.19 % | -22.05 % |
| Net Profit | Rs. 3.68 Cr | Rs. 2.83 Cr | Rs. 2.44 Cr | -13.78 % | -33.7 % |
| EPS in Rs | Rs. 0.38 | Rs. 0.02 | Rs. 0.03 | + 50 % | -92.11 % |
Today, we’re looking at Filatex Fashions 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 51.28 %. However, it did see a marginal increase of 38.76 % from the previous quarter. Expenses ticked up slightly by 53.41 % quarter-on-quarter, aligning with the annual rise of 58.15 %. Operating profit, while down -63.91 % compared to last year, faced a quarter-on-quarter dip of -82.71 %, 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 -4.29 %, but a shrinkage of -9.45 % sequentially. Other income rose by 12900 % compared to the last quarter, despite an annual decline of -28.18 %. Interest expenses surged remarkably by 32.43 % from the previous quarter, yet the year-over-year increase remains at a moderate 44.12 %. Depreciation costs climbed by 53.33 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 43.75 %. Profit before tax declined annually by -50 % but saw a reduction from the preceding quarter by -36.98 %.
Tax expenses as a percentage of profits decreased slightly by -22.05 % compared to last year, with a more notable quarter-on-quarter decrease of -24.19 %. Net profit fell by -33.7 % year-on-year but witnessed a -13.78 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -92.11 % but a quarterly rise of 50 %. In summary, Filatex Fashions 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. 40.821 Cr | Rs. 44.505 Cr | Rs. 61.755 Cr | + 38.76 % | + 51.28 % |
| Expenses | Rs. 38.52 Cr | Rs. 39.71 Cr | Rs. 60.92 Cr | + 53.41 % | + 58.15 % |
| Operating Profit | Rs. 2.3 Cr | Rs. 4.8 Cr | Rs. 0.83 Cr | -82.71 % | -63.91 % |
| Net Profit | Rs. 3.68 Cr | Rs. 2.83 Cr | Rs. 2.44 Cr | -13.78 % | -33.7 % |
| EPS in Rs | Rs. 0.38 | Rs. 0.02 | Rs. 0.03 | + 50 % | -92.11 % |
In reviewing Filatex Fashions Ltd’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 51.28 % year-on-year growth, however, there was a minor increase of 38.76 % from the previous quarter. Expenses rose by 58.15 % compared to the previous year, with a 53.41 % increase quarter-on-quarter. Operating Profit dropped by -63.91 % annually, and saw a -82.71 % decrease from the last quarter.
Net Profit showed yearly decrease of -33.7 %, and experienced a -13.78 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -92.11 % annually, however rose by 50 % compared to the last quarter. In essence, while Filatex Fashions 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.
317
3-Year Profit
96
5-Year Profit
62
10-Year Profit
1.27
Current Price
1,058
Market Cap
In analyzing the financial results for the company marked by BSE code 532022, a clear trend emerges. Over a five-year span, the company reported a profit of 96 percents, which increased to 317 percents in the most recent three-year period, suggesting a strong performance in the early stages of this timeframe. However, this success has been overshadowed by a trailing twelve-month (TTM) loss of -35 percents, signaling significant recent challenges. Compounding this issue is the fact that the company has not reported any sales during any of the timeframes analyzed, raising important questions about its operational model and the sustainability of its current strategies. Investors have been equally wary, as reflected in the stock price performance. The company’s stock traded at 16 percents over the past five years but has recently decreased to -72 percents, indicating a loss of market confidence. Over the last decade, the stock price was at 1 percents, pointing to longer-term concerns that could affect the company's future prospects.
The company currently holds a market cap of ₹1,058 crore, with its stock trading at ₹1.27. Historically, the stock has fluctuated between ₹4.30 / 1.14, reflecting its performance in response to market dynamics and various economic factors. The company's Price-to-Earnings (P/E) ratio stands at 118, indicating that the stock is perceived as highly valued by the market, possibly driven by expectations of future earnings growth. The book value per share is ₹2.76, which offers insight into the company's intrinsic worth, while its dividend yield of 0.00% provides a steady return for long-term investors. Return on Capital Employed (ROCE) is 1.08%, showcasing the company’s ability to generate profits from its capital investments. Return on Equity (ROE) is 0.75%, highlighting how efficiently the company uses shareholder funds to generate profits. The debt-to-equity ratio is very low at 0.02, which is a positive indicator of financial stability. However, the company’s net cash flow of ₹-1.63 crore raises concerns about its liquidity position. The Piotroski score of 5.00 reflects the company’s overall financial health, while the Graham Number of ₹0.82 suggests the stock's intrinsic value. Despite these factors, the Price-to-Book (P/B) ratio of 0.46 indicates that the stock is trading at a premium to its book value, which might imply market optimism about the company's future growth prospects.
