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Highlights
- Sales over the Year and quarter: The company’s sales declined by -80.56% over the yearDecrease in net sales/revenue by -79.09%
- Income over the Year and quarter: There has been decline in other income over the past year which is -25.23% Marginal increase in other income during this quarter, up by 63.89%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Indiabulls Real Estate Limited. Profit dropped by -19.56% Year to YearIndiabulls Real Estate Limited’s profitability increased by 685.14% in this quarter.
- EPS over the Year and quarter: EPS declined by -19.60% Year to Year.EPS increased by 685.92%. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 108.14 Cr | Rs. 100.55 Cr | Rs. 21.02 Cr | -79.09% | -80.56% |
Expenses | Rs. 463.1 Cr | Rs. 133.65 Cr | Rs. 335.4 Cr | + 150.95% | -27.58% |
Operating Profit | Rs. -354.96 Cr | Rs. -33.1 Cr | Rs. -314.38 Cr | -849.79% | + 11.43% |
OPM % | -328.24 % | -32.92 % | -1495.62 % | -1462.7% | -1167.38% |
Other Income | Rs. 24.77 Cr | Rs. 11.3 Cr | Rs. 18.52 Cr | + 63.89% | -25.23% |
Interest | Rs. 0.68 Cr | Rs. 3.63 Cr | Rs. 2.28 Cr | -37.19% | + 235.29% |
Depreciation | Rs. 2.9 Cr | Rs. 2.9 Cr | Rs. 2.9 Cr | + 0% | + 0% |
Profit before tax | Rs. -333.77 Cr | Rs. -28.33 Cr | Rs. -301.04 Cr | -962.62% | + 9.81% |
Tax % | -0.86 % | -35.9 % | -0.41 % | + 35.49% | + 0.45% |
Net Profit | Rs. -375.78 Cr | Rs. -38.5 Cr | Rs. -302.28 Cr | -685.14% | + 19.56% |
EPS in Rs | Rs. -6.94 | Rs. -0.71 | Rs. -5.58 | -685.92% | + 19.6% |
Today, we’re looking at Indiabulls Real Estate 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 -80.56%. However, it did see a marginal slip of -79.09% from the previous quarter.Expenses ticked up slightly by 150.95% quarter-on-quarter, aligning with the annual decline of -27.58%. Operating profit, while up 11.43% compared to last year, faced a quarter-on-quarter dip of -849.79%, 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 -1167.38%, but a shrinkage of -1462.7% sequentially. Other income rose by 63.89% compared to the last quarter,despite an annual decline of -25.23%. Interest expenses dropped significantly by -37.19% from the previous quarter, yet the year-over-year increase remains at a moderate 235.29%. Depreciation costs climbed by 0% quarter-on-quarter, whereas on an annual scale, they saw an increase of 0%. Profit before tax grew annually by 9.81% but saw a reduction from the preceding quarter by -962.62%.
Tax expenses as a percentage of profits increased slightly by 0.45% compared to last year, with a more notable quarter-on-quarter increase of 35.49%. Net profit rose by 19.56% year-on-year but witnessed a -685.14% contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 19.6% but a quarterly fall of -685.92%. In summary, Indiabulls Real Estate 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. 108.14 Cr | Rs. 100.55 Cr | Rs. 21.02 Cr | -79.09% | -80.56% |
Expenses | Rs. 463.1 Cr | Rs. 133.65 Cr | Rs. 335.4 Cr | + 150.95% | -27.58% |
Operating Profit | Rs. -354.96 Cr | Rs. -33.1 Cr | Rs. -314.38 Cr | -849.79% | + 11.43% |
Net Profit | Rs. -375.78 Cr | Rs. -38.5 Cr | Rs. -302.28 Cr | -685.14% | + 19.56% |
EPS in Rs | Rs. -6.94 | Rs. -0.71 | Rs. -5.58 | -685.92% | + 19.6% |
In reviewing Indiabulls Real Estate Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -80.56% year-on-year, although there was a slight dip of -79.09% from the previous quarter.Expenses decreased by -27.58% compared to the previous year, with a 150.95% increase quarter-on-quarter. Operating Profit surged by 11.43% annually, and saw a -849.79% decrease from the last quarter.
Net Profit showed yearly increase of 19.56%, and experienced a -685.14% decrease from the previous quarter.Earnings Per Share (EPS) rose by 19.6% annually, however dipped by -685.92% compared to the last quarter. In essence, while Indiabulls Real Estate Limited exhibits strong annual growth indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.