Highlights
- Sales over the Year and quarter: The company’s sales declined by -17.14 % over the year, decrease in net sales/revenue by -10.58 %.
- 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 113.75 %. Marginal increase in other income during this quarter, up by 62.86%.
- Profit over the Year and quarter: Significant improvement in profitability for Indiabulls Enterprises Limited. Notable increase of 54.03 % in net profit Year to Year, Indiabulls Enterprises Limited’s profitability increased by 897.83 % in this quarter.
- EPS over the Year and quarter: EPS increased by 55.00 % Year to Year. EPS increased by 933.33 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 16.22 Cr | Rs. 15.03 Cr | Rs. 13.44 Cr | -10.58 % | -17.14 % |
Expenses | Rs. 13.89 Cr | Rs. 11.67 Cr | Rs. 27.88 Cr | + 138.9 % | + 100.72 % |
Operating Profit | Rs. 2.33 Cr | Rs. 3.36 Cr | Rs. -14.44 Cr | -529.76 % | -719.74 % |
OPM % | 14.36 % | 22.36 % | -107.44 % | -129.8 % | -121.8 % |
Other Income | Rs. 0.8 Cr | Rs. 1.05 Cr | Rs. 1.71 Cr | + 62.86 % | + 113.75 % |
Interest | Rs. 1.39 Cr | Rs. 0.69 Cr | Rs. 1.12 Cr | + 62.32 % | -19.42 % |
Depreciation | Rs. 4.85 Cr | Rs. 5.06 Cr | Rs. 4.48 Cr | -11.46 % | -7.63 % |
Profit before tax | Rs. -3.11 Cr | Rs. -1.34 Cr | Rs. -18.33 Cr | -1267.91 % | -489.39 % |
Tax % | -2.22 % | -29.41 % | -0.16 % | + 29.25 % | + 2.06 % |
Net Profit | Rs. -11.92 Cr | Rs. -1.84 Cr | Rs. -18.36 Cr | -897.83 % | -54.03 % |
EPS in Rs | Rs. -0.55 | Rs. -0.11 | Rs. -0.95 | -763.64 % | -72.73 % |
Today, we’re looking at Indiabulls Enterprises 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 -17.14 %. However, it did see a marginal slip of -10.58 % from the previous quarter. Expenses ticked up slightly by 138.9 % quarter-on-quarter, aligning with the annual rise of 100.72 %. Operating profit, while down -719.74 % compared to last year, faced a quarter-on-quarter dip of -529.76 %, 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 -121.8 %, but a shrinkage of -129.8 % sequentially. Other income rose by 62.86 % compared to the last quarter, despite an annual growth of 113.75 %. Interest expenses surged remarkably by 62.32 % from the previous quarter, yet the year-over-year decrease remains at a moderate -19.42 %. Depreciation costs fell by -11.46 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -7.63 %. Profit before tax declined annually by -489.39 % but saw a reduction from the preceding quarter by -1267.91 %.
Tax expenses as a percentage of profits increased slightly by 2.06 % compared to last year, with a more notable quarter-on-quarter increase of 29.25 %. Net profit fell by -54.03 % year-on-year but witnessed a -897.83 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -72.73 % but a quarterly fall of -763.64 %. In summary, Indiabulls Enterprises 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. 16.22 Cr | Rs. 15.03 Cr | Rs. 13.44 Cr | -10.58 % | -17.14 % |
Expenses | Rs. 13.89 Cr | Rs. 11.67 Cr | Rs. 27.88 Cr | + 138.9 % | + 100.72 % |
Operating Profit | Rs. 2.33 Cr | Rs. 3.36 Cr | Rs. -14.44 Cr | -529.76 % | -719.74 % |
Net Profit | Rs. -11.92 Cr | Rs. -1.84 Cr | Rs. -18.36 Cr | -897.83 % | -54.03 % |
EPS in Rs | Rs. -0.55 | Rs. -0.11 | Rs. -0.95 | -763.64 % | -72.73 % |
In reviewing Indiabulls Enterprises Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -17.14 % year-on-year, although there was a slight dip of -10.58 % from the previous quarter. Expenses rose by 100.72 % compared to the previous year, with a 138.9 % increase quarter-on-quarter. Operating Profit dropped by -719.74 % annually, and saw a -529.76 % decrease from the last quarter.
Net Profit showed yearly decrease of -54.03 %, and experienced a -897.83 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -72.73 % annually, however dipped by -763.64 % compared to the last quarter. In essence, while Indiabulls Enterprises 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.