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Highlights
- Sales over the Year and quarter: The company’s sales declined by -38.44 % over the year, decrease in net sales/revenue by -23 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -23.01 %, Marginal decrease of -22.36% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for FLEXITUFF VENTURES INTERNATIONAL LIMITED. Notable increase of 197.84 % in net profit Year to Year, FLEXITUFF VENTURES INTERNATIONAL LIMITED’s profitability increased by 16.15 % in this quarter.
- EPS over the Year and quarter: EPS increased by 159.23 % Year to Year. EPS increased by 20.78 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 184.011 Cr | Rs. 147.121 Cr | Rs. 113.28 Cr | -23 % | -38.44 % |
Expenses | Rs. 206.54 Cr | Rs. 178.28 Cr | Rs. 164.93 Cr | -7.49 % | -20.15 % |
Operating Profit | Rs. -22.53 Cr | Rs. -31.16 Cr | Rs. -51.65 Cr | -65.76 % | -129.25 % |
OPM % | -12.24 % | -21.18 % | -45.59 % | -24.41 % | -33.35 % |
Other Income | Rs. 2.39 Cr | Rs. 2.37 Cr | Rs. 1.84 Cr | -22.36 % | -23.01 % |
Interest | Rs. 16.99 Cr | Rs. 22.15 Cr | Rs. 23.66 Cr | + 6.82 % | + 39.26 % |
Depreciation | Rs. 16.14 Cr | Rs. 14.5 Cr | Rs. 14.08 Cr | -2.9 % | -12.76 % |
Profit before tax | Rs. -53.27 Cr | Rs. -65.44 Cr | Rs. -87.55 Cr | -33.79 % | -64.35 % |
Tax % | -59.75 % | -15.98 % | -27.06 % | -11.08 % | + 32.69 % |
Net Profit | Rs. -21.44 Cr | Rs. -54.98 Cr | Rs. -63.86 Cr | -16.15 % | -197.85 % |
EPS in Rs | Rs. -8.61 | Rs. -18.48 | Rs. -22.32 | -20.78 % | -159.23 % |
Today, we’re looking at FLEXITUFF VENTURES INTERNATIONAL LIMITED’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -38.44 %. However, it did see a marginal slip of -23 % from the previous quarter. Expenses decreased slightly by -7.49 % quarter-on-quarter, aligning with the annual decline of -20.15 %. Operating profit, while down -129.25 % compared to last year, faced a quarter-on-quarter dip of -65.76 %, 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 -33.35 %, but a shrinkage of -24.41 % sequentially. Other income fell by -22.36 % compared to the last quarter, despite an annual decline of -23.01 %. Interest expenses surged remarkably by 6.82 % from the previous quarter, yet the year-over-year increase remains at a moderate 39.26 %. Depreciation costs fell by -2.9 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -12.76 %. Profit before tax declined annually by -64.35 % but saw a reduction from the preceding quarter by -33.79 %.
Tax expenses as a percentage of profits increased slightly by 32.69 % compared to last year, with a more notable quarter-on-quarter decrease of -11.08 %. Net profit fell by -197.85 % year-on-year but witnessed a -16.15 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -159.23 % but a quarterly fall of -20.78 %. In summary, FLEXITUFF VENTURES INTERNATIONAL 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. 184.011 Cr | Rs. 147.121 Cr | Rs. 113.28 Cr | -23 % | -38.44 % |
Expenses | Rs. 206.54 Cr | Rs. 178.28 Cr | Rs. 164.93 Cr | -7.49 % | -20.15 % |
Operating Profit | Rs. -22.53 Cr | Rs. -31.16 Cr | Rs. -51.65 Cr | -65.76 % | -129.25 % |
Net Profit | Rs. -21.44 Cr | Rs. -54.98 Cr | Rs. -63.86 Cr | -16.15 % | -197.85 % |
EPS in Rs | Rs. -8.61 | Rs. -18.48 | Rs. -22.32 | -20.78 % | -159.23 % |
In reviewing FLEXITUFF VENTURES INTERNATIONAL LIMITED’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -38.44 % year-on-year, although there was a slight dip of -23 % from the previous quarter. Expenses decreased by -20.15 % compared to the previous year, with a decrease of -7.49 % quarter-on-quarter. Operating Profit dropped by -129.25 % annually, and saw a -65.76 % decrease from the last quarter.
Net Profit showed yearly decrease of -197.85 %, and experienced a -16.15 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -159.23 % annually, however dipped by -20.78 % compared to the last quarter. In essence, while FLEXITUFF VENTURES INTERNATIONAL LIMITED 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.