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Highlights
- Sales over the Year and quarter: The company’s sales declined by -44.78 % over the year, decrease in net sales/revenue by -86.23 %.
- 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 233.33 %. Marginal increase in other income during this quarter, up by 388.37%.
- Profit over the Year and quarter: Challenges in sustaining profitability for James Warren Tea Limited. Profit dropped by -37.43 % Year to Year, James Warren Tea Limited’s profitability increased by 62.89 % in this quarter.
- EPS over the Year and quarter: EPS declined by -25.61 % Year to Year. EPS increased by 62.87 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 9.337 Cr | Rs. 37.455 Cr | Rs. 5.156 Cr | -86.23 % | -44.78 % |
Expenses | Rs. 26.84 Cr | Rs. 44.5 Cr | Rs. 26.81 Cr | -39.75 % | -0.11 % |
Operating Profit | Rs. -17.5 Cr | Rs. -7.05 Cr | Rs. -21.65 Cr | -207.09 % | -23.71 % |
OPM % | -187.43 % | -18.82 % | -419.9 % | -401.08 % | -232.47 % |
Other Income | Rs. 3.78 Cr | Rs. 2.58 Cr | Rs. 12.6 Cr | + 388.37 % | + 233.33 % |
Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Depreciation | Rs. 0.64 Cr | Rs. 0.72 Cr | Rs. 0.66 Cr | -8.33 % | + 3.13 % |
Profit before tax | Rs. -14.36 Cr | Rs. -5.19 Cr | Rs. -9.71 Cr | -87.09 % | + 32.38 % |
Tax % | -9.35 % | -3.42 % | -16.07 % | -12.65 % | -6.72 % |
Net Profit | Rs. -13.02 Cr | Rs. -5 Cr | Rs. -8.15 Cr | -63 % | + 37.4 % |
EPS in Rs | Rs. -29.6 | Rs. -13.52 | Rs. -22.02 | -62.87 % | + 25.61 % |
Today, we’re looking at James Warren Tea 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 -44.78 %. However, it did see a marginal slip of -86.23 % from the previous quarter. Expenses decreased slightly by -39.75 % quarter-on-quarter, aligning with the annual decline of -0.11 %. Operating profit, while down -23.71 % compared to last year, faced a quarter-on-quarter dip of -207.09 %, 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 -232.47 %, but a shrinkage of -401.08 % sequentially. Other income rose by 388.37 % compared to the last quarter, despite an annual growth of 233.33 %. Depreciation costs fell by -8.33 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 3.13 %. Profit before tax grew annually by 32.38 % but saw a reduction from the preceding quarter by -87.09 %.
Tax expenses as a percentage of profits decreased slightly by -6.72 % compared to last year, with a more notable quarter-on-quarter decrease of -12.65 %. Net profit rose by 37.4 % year-on-year but witnessed a -63 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 25.61 % but a quarterly fall of -62.87 %. In summary, James Warren Tea 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. 9.337 Cr | Rs. 37.455 Cr | Rs. 5.156 Cr | -86.23 % | -44.78 % |
Expenses | Rs. 26.84 Cr | Rs. 44.5 Cr | Rs. 26.81 Cr | -39.75 % | -0.11 % |
Operating Profit | Rs. -17.5 Cr | Rs. -7.05 Cr | Rs. -21.65 Cr | -207.09 % | -23.71 % |
Net Profit | Rs. -13.02 Cr | Rs. -5 Cr | Rs. -8.15 Cr | -63 % | + 37.4 % |
EPS in Rs | Rs. -29.6 | Rs. -13.52 | Rs. -22.02 | -62.87 % | + 25.61 % |
In reviewing James Warren Tea Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -44.78 % year-on-year, although there was a slight dip of -86.23 % from the previous quarter. Expenses decreased by -0.11 % compared to the previous year, with a decrease of -39.75 % quarter-on-quarter. Operating Profit dropped by -23.71 % annually, and saw a -207.09 % decrease from the last quarter.
Net Profit showed yearly increase of 37.4 %, and experienced a -63 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 25.61 % annually, however dipped by -62.87 % compared to the last quarter. In essence, while James Warren Tea 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.