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Jay Ushin ‘s Q1 Financial results: Revenue Grows by 20.63% YoY

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Highlights

  • The presented financial data is Standalone to provide a comprehensive overview of the company performance.
  • Sales over the Year and quarter: The company experienced a substantial growth of 20.63 % in the past year, substantial increase in net sales/revenue by 5.36 %.
  • Income over the Year and quarter: There has been decline in other income over the past year which is -6.22 %, Marginal decrease of -27.88% in other income during this quarter.
  • Profit over the Year and quarter: Challenges in sustaining profitability for Jay Ushin Ltd.. Profit dropped by -4.21 % Year to Year, Jay Ushin Ltd.’s profitability dropped by -25.29 % Quarter to Quarter.
  • EPS over the Year and quarter: EPS declined by -4.29 % Year to Year. EPS decreased by -25.31 % in previous quarter. Analysis needed for shareholder value.

The comprehensive analytics outlining the performance and outlook of Jay Ushin Ltd.‘s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 162.292 Cr Rs. 185.81 Cr Rs. 195.768 Cr + 5.36 % + 20.63 %
Expenses Rs. 156.58 Cr Rs. 181.66 Cr Rs. 187.02 Cr + 2.95 % + 19.44 %
Operating Profit Rs. 5.71 Cr Rs. 4.15 Cr Rs. 8.75 Cr + 110.84 % + 53.24 %
OPM % 3.52 % 2.23 % 4.47 % + 2.24 % + 0.95 %
Other Income Rs. 3.679 Cr Rs. 4.784 Cr Rs. 3.45 Cr -27.88 % -6.22 %
Interest Rs. 3.37 Cr Rs. 3.55 Cr Rs. 4.24 Cr + 19.44 % + 25.82 %
Depreciation Rs. 2.31 Cr Rs. 2.93 Cr Rs. 3.91 Cr + 33.45 % + 69.26 %
Profit before tax Rs. 3.71 Cr Rs. 2.45 Cr Rs. 4.05 Cr + 65.31 % + 9.16 %
Tax % 27.13 % 41.03 % 36.02 % -5.01 % + 8.89 %
Net Profit Rs. 2.71 Cr Rs. 3.47 Cr Rs. 2.59 Cr -25.36 % -4.43 %
EPS in Rs Rs. 7 Rs. 8.97 Rs. 6.7 -25.31 % -4.29 %


Today, we’re looking at Jay Ushin Ltd.’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 20.63 %. However, it did see a marginal increase of 5.36 % from the previous quarter. Expenses ticked up slightly by 2.95 % quarter-on-quarter, aligning with the annual rise of 19.44 %. Operating profit, while up 53.24 % compared to last year, faced a quarter-on-quarter increase of 110.84 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 0.95 %, but an expansion of 2.24 % sequentially. Other income fell by -27.88 % compared to the last quarter, despite an annual decline of -6.22 %. Interest expenses surged remarkably by 19.44 % from the previous quarter, yet the year-over-year increase remains at a moderate 25.82 %. Depreciation costs climbed by 33.45 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 69.26 %. Profit before tax grew annually by 9.16 % but saw an increase from the preceding quarter by 65.31 %.
Tax expenses as a percentage of profits increased slightly by 8.89 % compared to last year, with a more notable quarter-on-quarter decrease of -5.01 %. Net profit fell by -4.43 % year-on-year but witnessed a -25.36 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -4.29 % but a quarterly fall of -25.31 %. In summary, Jay Ushin 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. 162.292 Cr Rs. 185.81 Cr Rs. 195.768 Cr + 5.36 % + 20.63 %
Expenses Rs. 156.58 Cr Rs. 181.66 Cr Rs. 187.02 Cr + 2.95 % + 19.44 %
Operating Profit Rs. 5.71 Cr Rs. 4.15 Cr Rs. 8.75 Cr + 110.84 % + 53.24 %
Net Profit Rs. 2.71 Cr Rs. 3.47 Cr Rs. 2.59 Cr -25.36 % -4.43 %
EPS in Rs Rs. 7 Rs. 8.97 Rs. 6.7 -25.31 % -4.29 %


In reviewing Jay Ushin Ltd.’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 20.63 % year-on-year growth, however, there was a minor increase of 5.36 % from the previous quarter. Expenses rose by 19.44 % compared to the previous year, with a 2.95 % increase quarter-on-quarter. Operating Profit surged by 53.24 % annually, and saw a 110.84 % increase from the last quarter.
Net Profit showed yearly decrease of -4.43 %, and experienced a -25.36 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -4.29 % annually, however dipped by -25.31 % compared to the last quarter. In essence, while Jay Ushin Ltd. faces strong annual decline indicators, short-term improvements suggest the potential for recovery and the importance of strategic adjustments to counter market challenges effectively. That’s all for now in the financial sector.

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