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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 17.22% in the past year Decrease in net sales/revenue by -2.98%
- 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 38.53%Marginal increase in other income during this quarter, up by 16.03%.
- Profit over the Year and quarter: Significant improvement in profitability for Indian Hotels Co. Ltd. Notable increase of 29.36% in net profit Year to YearIndian Hotels Co. Ltd’s profitability dropped by -8.09% Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 26.84% Year to Year.EPS decreased by -7.86%. Analysis needed for shareholder value.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 1625.43 Cr | Rs. 1963.84 Cr | Rs. 1905.34 Cr | -2.98% | + 17.22% |
Expenses | Rs. 1089.94 Cr | Rs. 1231.46 Cr | Rs. 1245.54 Cr | + 1.14% | + 14.28% |
Operating Profit | Rs. 535.49 Cr | Rs. 732.38 Cr | Rs. 659.8 Cr | -9.91% | + 23.21% |
OPM % | 32.94 % | 37.29 % | 34.63 % | -2.66% | + 1.69% |
Other Income | Rs. 65.95 Cr | Rs. 78.74 Cr | Rs. 91.36 Cr | + 16.03% | + 38.53% |
Interest | Rs. 56.98 Cr | Rs. 53.16 Cr | Rs. 51.5 Cr | -3.12% | -9.62% |
Depreciation | Rs. 107.6 Cr | Rs. 114.31 Cr | Rs. 119.73 Cr | + 4.74% | + 11.27% |
Profit before tax | Rs. 436.86 Cr | Rs. 643.65 Cr | Rs. 579.93 Cr | -9.9% | + 32.75% |
Tax % | 24.5 % | 27.57 % | 26.48 % | -1.09% | + 1.98% |
Net Profit | Rs. 338.84 Cr | Rs. 476.93 Cr | Rs. 438.33 Cr | -8.09% | + 29.36% |
EPS in Rs | Rs. 2.31 | Rs. 3.18 | Rs. 2.93 | -7.86% | + 26.84% |
Today, we’re looking at Indian Hotels Co. 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 17.22%. However, it did see a marginal slip of -2.98% from the previous quarter.Expenses ticked up slightly by 1.14% quarter-on-quarter, aligning with the annual rise of 14.28%. Operating profit, while up 23.21% compared to last year, faced a quarter-on-quarter dip of -9.91%, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 1.69%, but a shrinkage of -2.66% sequentially. Other income rose by 16.03% compared to the last quarter,despite an annual growth of 38.53%. Interest expenses dropped significantly by -3.12% from the previous quarter, yet the year-over-year decrease remains at a moderate -9.62%. Depreciation costs climbed by 4.74% quarter-on-quarter, whereas on an annual scale, they saw an increase of 11.27%. Profit before tax grew annually by 32.75% but saw a reduction from the preceding quarter by -9.9%.
Tax expenses as a percentage of profits increased slightly by 1.98% compared to last year, with a more notable quarter-on-quarter decrease of -1.09%. Net profit rose by 29.36% year-on-year but witnessed a -8.09% contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 26.84% but a quarterly fall of -7.86%. In summary, Indian Hotels Co. 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. 1625.43 Cr | Rs. 1963.84 Cr | Rs. 1905.34 Cr | -2.98% | + 17.22% |
Expenses | Rs. 1089.94 Cr | Rs. 1231.46 Cr | Rs. 1245.54 Cr | + 1.14% | + 14.28% |
Operating Profit | Rs. 535.49 Cr | Rs. 732.38 Cr | Rs. 659.8 Cr | -9.91% | + 23.21% |
Net Profit | Rs. 338.84 Cr | Rs. 476.93 Cr | Rs. 438.33 Cr | -8.09% | + 29.36% |
EPS in Rs | Rs. 2.31 | Rs. 3.18 | Rs. 2.93 | -7.86% | + 26.84% |
In reviewing Indian Hotels Co. Ltd’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 13.62% year-on-year growth, although there was a slight dip of -2.98% from the previous quarter.Expenses rose by 14.28% compared to the previous year, with a 1.14% increase quarter-on-quarter. Operating Profit surged by 23.21% annually, and saw a -9.91% decrease from the last quarter.
Net Profit showed yearly increase of 29.36%, and experienced a -8.09% decrease from the previous quarter.Earnings Per Share (EPS) rose by 26.84% annually, however dipped by -7.86% compared to the last quarter. In essence, while Indian Hotels Co. Ltd 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.