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Highlights
- Sales over the Year and quarter: The company’s sales declined by -43.04 % over the year, substantial increase in net sales/revenue by 0 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -13.37 %, Marginal decrease of -16.49% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Hemisphere Properties India Limited. Notable increase of 392.33 % in net profit Year to Year, Hemisphere Properties India Limited’s profitability increased by 141.26 % in this quarter.
- EPS over the Year and quarter: EPS increased by 400.00 % Year to Year. EPS increased by 150 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 0.237 Cr | Rs. 0.135 Cr | Rs. 0.135 Cr | + 0 % | -43.04 % |
Expenses | Rs. 2.93 Cr | Rs. 2.25 Cr | Rs. 7 Cr | + 211.11 % | + 138.91 % |
Operating Profit | Rs. -2.69 Cr | Rs. -2.12 Cr | Rs. -6.87 Cr | -224.06 % | -155.39 % |
OPM % | -1135.02 % | -1570.37 % | -5088.89 % | -3518.52 % | -3953.87 % |
Other Income | Rs. 1.87 Cr | Rs. 1.94 Cr | Rs. 1.62 Cr | -16.49 % | -13.37 % |
Interest | Rs. 1.6 Cr | Rs. 1.64 Cr | Rs. 1.56 Cr | -4.88 % | -2.5 % |
Depreciation | Rs. 0.01 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Profit before tax | Rs. -2.43 Cr | Rs. -1.82 Cr | Rs. -6.81 Cr | -274.18 % | -180.25 % |
Tax % | -63.43 % | -0 % | -35.99 % | -35.99 % | + 27.44 % |
Net Profit | Rs. -0.89 Cr | Rs. -1.81 Cr | Rs. -4.36 Cr | -140.88 % | -389.89 % |
EPS in Rs | Rs. -0.03 | Rs. -0.06 | Rs. -0.15 | -150 % | -400 % |
Today, we’re looking at Hemisphere Properties India 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 -43.04 %. However, it did see a marginal increase of 0 % from the previous quarter. Expenses ticked up slightly by 211.11 % quarter-on-quarter, aligning with the annual rise of 138.91 %. Operating profit, while down -155.39 % compared to last year, faced a quarter-on-quarter dip of -224.06 %, 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 -3953.87 %, but a shrinkage of -3518.52 % sequentially. Other income fell by -16.49 % compared to the last quarter, despite an annual decline of -13.37 %. Interest expenses dropped significantly by -4.88 % from the previous quarter, yet the year-over-year decrease remains at a moderate -2.5 %. Profit before tax declined annually by -180.25 % but saw a reduction from the preceding quarter by -274.18 %.
Tax expenses as a percentage of profits increased slightly by 27.44 % compared to last year, with a more notable quarter-on-quarter decrease of -35.99 %. Net profit fell by -389.89 % year-on-year but witnessed a -140.88 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -400 % but a quarterly fall of -150 %. In summary, Hemisphere Properties India 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. 0.237 Cr | Rs. 0.135 Cr | Rs. 0.135 Cr | + 0 % | -43.04 % |
Expenses | Rs. 2.93 Cr | Rs. 2.25 Cr | Rs. 7 Cr | + 211.11 % | + 138.91 % |
Operating Profit | Rs. -2.69 Cr | Rs. -2.12 Cr | Rs. -6.87 Cr | -224.06 % | -155.39 % |
Net Profit | Rs. -0.89 Cr | Rs. -1.81 Cr | Rs. -4.36 Cr | -140.88 % | -389.89 % |
EPS in Rs | Rs. -0.03 | Rs. -0.06 | Rs. -0.15 | -150 % | -400 % |
In reviewing Hemisphere Properties India Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -43.04 % year-on-year, however, there was a minor increase of 0 % from the previous quarter. Expenses rose by 138.91 % compared to the previous year, with a 211.11 % increase quarter-on-quarter. Operating Profit dropped by -155.39 % annually, and saw a -224.06 % decrease from the last quarter.
Net Profit showed yearly decrease of -389.89 %, and experienced a -140.88 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -400 % annually, however dipped by -150 % compared to the last quarter. In essence, while Hemisphere Properties India 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.