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Highlights
- The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 9.82 % in the past year, substantial increase in net sales/revenue by 1.67 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -85.17 %, Marginal decrease of -77.58% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Intellivate Capital Ventures Limited. Profit dropped by -153.18 % Year to Year, Intellivate Capital Ventures Limited’s profitability dropped by -205.67 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -118.87 % Year to Year. EPS decreased by -242.86 % in previous quarter. Analysis needed for shareholder value.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 34.456 Cr | Rs. 37.217 Cr | Rs. 37.838 Cr | + 1.67 % | + 9.82 % |
| Expenses | Rs. 28.79 Cr | Rs. 32.16 Cr | Rs. 32.7 Cr | + 1.68 % | + 13.58 % |
| Operating Profit | Rs. 5.67 Cr | Rs. 5.06 Cr | Rs. 5.14 Cr | + 1.58 % | -9.35 % |
| OPM % | 16.46 % | 13.6 % | 13.58 % | -0.02 % | -2.88 % |
| Other Income | Rs. 4.619 Cr | Rs. 3.055 Cr | Rs. 0.685 Cr | -77.58 % | -85.17 % |
| Interest | Rs. 2.97 Cr | Rs. 2.17 Cr | Rs. 2.25 Cr | + 3.69 % | -24.24 % |
| Depreciation | Rs. 4.18 Cr | Rs. 4.61 Cr | Rs. 4.8 Cr | + 4.12 % | + 14.83 % |
| Profit before tax | Rs. 3.14 Cr | Rs. 1.34 Cr | Rs. -1.23 Cr | -191.79 % | -139.17 % |
| Tax % | 22.45 % | 9.04 % | -4.98 % | -14.02 % | -27.43 % |
| Net Profit | Rs. 2.42 Cr | Rs. 1.22 Cr | Rs. -1.29 Cr | -205.74 % | -153.31 % |
| EPS in Rs | Rs. 0.53 | Rs. 0.07 | Rs. -0.1 | -242.86 % | -118.87 % |
Today, we’re looking at Intellivate Capital Ventures Limited’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 9.82 %. However, it did see a marginal increase of 1.67 % from the previous quarter. Expenses ticked up slightly by 1.68 % quarter-on-quarter, aligning with the annual rise of 13.58 %. Operating profit, while down -9.35 % compared to last year, faced a quarter-on-quarter increase of 1.58 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -2.88 %, but a shrinkage of -0.02 % sequentially. Other income fell by -77.58 % compared to the last quarter, despite an annual decline of -85.17 %. Interest expenses surged remarkably by 3.69 % from the previous quarter, yet the year-over-year decrease remains at a moderate -24.24 %. Depreciation costs climbed by 4.12 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 14.83 %. Profit before tax declined annually by -139.17 % but saw a reduction from the preceding quarter by -191.79 %.
Tax expenses as a percentage of profits decreased slightly by -27.43 % compared to last year, with a more notable quarter-on-quarter decrease of -14.02 %. Net profit fell by -153.31 % year-on-year but witnessed a -205.74 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -118.87 % but a quarterly fall of -242.86 %. In summary, Intellivate Capital Ventures 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. 34.456 Cr | Rs. 37.217 Cr | Rs. 37.838 Cr | + 1.67 % | + 9.82 % |
| Expenses | Rs. 28.79 Cr | Rs. 32.16 Cr | Rs. 32.7 Cr | + 1.68 % | + 13.58 % |
| Operating Profit | Rs. 5.67 Cr | Rs. 5.06 Cr | Rs. 5.14 Cr | + 1.58 % | -9.35 % |
| Net Profit | Rs. 2.42 Cr | Rs. 1.22 Cr | Rs. -1.29 Cr | -205.74 % | -153.31 % |
| EPS in Rs | Rs. 0.53 | Rs. 0.07 | Rs. -0.1 | -242.86 % | -118.87 % |
In reviewing Intellivate Capital Ventures Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 9.82 % year-on-year growth, however, there was a minor increase of 1.67 % from the previous quarter. Expenses rose by 13.58 % compared to the previous year, with a 1.68 % increase quarter-on-quarter. Operating Profit dropped by -9.35 % annually, and saw a 1.58 % increase from the last quarter.
Net Profit showed yearly decrease of -153.31 %, and experienced a -205.74 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -118.87 % annually, however dipped by -242.86 % compared to the last quarter. In essence, while Intellivate Capital Ventures 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.
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