Share the post "Jay Ushin : Q4 2024 Financial Quarterly Report : YoY Sales Up 7.03 %, QoQ Up 4.98 %"
Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 7.03 % in the past year, substantial increase in net sales/revenue by 4.98 %.
- 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 8.86 %. Marginal increase in other income during this quarter, up by 51.58%.
- Profit over the Year and quarter: Significant improvement in profitability for Jay Ushin Ltd.. Notable increase of 19.96 % in net profit Year to Year, Jay Ushin Ltd.’s profitability dropped by -9.88 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 19.92 % Year to Year. EPS decreased by -9.94 % 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. 173.61 Cr | Rs. 176.99 Cr | Rs. 185.81 Cr | + 4.98 % | + 7.03 % |
| Expenses | Rs. 166.83 Cr | Rs. 169.44 Cr | Rs. 181.66 Cr | + 7.21 % | + 8.89 % |
| Operating Profit | Rs. 6.78 Cr | Rs. 7.55 Cr | Rs. 4.15 Cr | -45.03 % | -38.79 % |
| OPM % | 3.91 % | 4.27 % | 2.23 % | -2.04 % | -1.68 % |
| Other Income | Rs. 4.4 Cr | Rs. 3.16 Cr | Rs. 4.79 Cr | + 51.58 % | + 8.86 % |
| Interest | Rs. 4.06 Cr | Rs. 3.45 Cr | Rs. 3.55 Cr | + 2.9 % | -12.56 % |
| Depreciation | Rs. 3.02 Cr | Rs. 2.59 Cr | Rs. 2.93 Cr | + 13.13 % | -2.98 % |
| Profit before tax | Rs. 4.1 Cr | Rs. 4.67 Cr | Rs. 2.46 Cr | -47.32 % | -40 % |
| Tax % | 29.5 % | 17.65 % | 41.03 % | + 23.38 % | + 11.53 % |
| Net Profit | Rs. 2.89 Cr | Rs. 3.85 Cr | Rs. 3.47 Cr | -9.87 % | + 20.07 % |
| EPS in Rs | Rs. 7.48 | Rs. 9.96 | Rs. 8.97 | -9.94 % | + 19.92 % |
Today, we’re looking at Jay Ushin 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 7.03 %. However, it did see a marginal increase of 4.98 % from the previous quarter. Expenses ticked up slightly by 7.21 % quarter-on-quarter, aligning with the annual rise of 8.89 %. Operating profit, while down -38.79 % compared to last year, faced a quarter-on-quarter dip of -45.03 %, 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 -1.68 %, but a shrinkage of -2.04 % sequentially. Other income rose by 51.58 % compared to the last quarter, despite an annual growth of 8.86 %. Interest expenses surged remarkably by 2.9 % from the previous quarter, yet the year-over-year decrease remains at a moderate -12.56 %. Depreciation costs climbed by 13.13 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -2.98 %. Profit before tax declined annually by -40 % but saw a reduction from the preceding quarter by -47.32 %.
Tax expenses as a percentage of profits increased slightly by 11.53 % compared to last year, with a more notable quarter-on-quarter increase of 23.38 %. Net profit rose by 20.07 % year-on-year but witnessed a -9.87 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 19.92 % but a quarterly fall of -9.94 %. 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. 173.61 Cr | Rs. 176.99 Cr | Rs. 185.81 Cr | + 4.98 % | + 7.03 % |
| Expenses | Rs. 166.83 Cr | Rs. 169.44 Cr | Rs. 181.66 Cr | + 7.21 % | + 8.89 % |
| Operating Profit | Rs. 6.78 Cr | Rs. 7.55 Cr | Rs. 4.15 Cr | -45.03 % | -38.79 % |
| Net Profit | Rs. 2.89 Cr | Rs. 3.85 Cr | Rs. 3.47 Cr | -9.87 % | + 20.07 % |
| EPS in Rs | Rs. 7.48 | Rs. 9.96 | Rs. 8.97 | -9.94 % | + 19.92 % |
In reviewing Jay Ushin Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 7.03 % year-on-year growth, however, there was a minor increase of 4.98 % from the previous quarter. Expenses rose by 8.89 % compared to the previous year, with a 7.21 % increase quarter-on-quarter. Operating Profit dropped by -38.79 % annually, and saw a -45.03 % decrease from the last quarter.
Net Profit showed yearly increase of 20.07 %, and experienced a -9.87 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 19.92 % annually, however dipped by -9.94 % compared to the last quarter. In essence, while Jay Ushin 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.
