Share the post "Jaykay Enterprises : Q4 2024 Quarterly Earnings: YoY Sales Up 190.49 %, QoQ Up 298.5 %"
Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 190.49 % in the past year, substantial increase in net sales/revenue by 298.5 %.
- 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 421.99 %. Marginal increase in other income during this quarter, up by 164.75%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Jaykay Enterprises Limited. Profit dropped by -345.8 % Year to Year, Jaykay Enterprises Limited’s profitability increased by 575.28 % in this quarter.
- EPS over the Year and quarter: EPS declined by -311.90 % Year to Year. EPS increased by 888.89 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 10.338 Cr | Rs. 7.536 Cr | Rs. 30.031 Cr | + 298.5 % | + 190.49 % |
| Expenses | Rs. 9.75 Cr | Rs. 7.12 Cr | Rs. 29.88 Cr | + 319.66 % | + 206.46 % |
| Operating Profit | Rs. 0.59 Cr | Rs. 0.42 Cr | Rs. 0.15 Cr | -64.29 % | -74.58 % |
| OPM % | 5.71 % | 5.57 % | 0.5 % | -5.07 % | -5.21 % |
| Other Income | Rs. 1.41 Cr | Rs. 2.78 Cr | Rs. 7.36 Cr | + 164.75 % | + 421.99 % |
| Interest | Rs. 0.47 Cr | Rs. 1.48 Cr | Rs. 1.21 Cr | -18.24 % | + 157.45 % |
| Depreciation | Rs. 0.75 Cr | Rs. 1 Cr | Rs. 0.01 Cr | -99 % | -98.67 % |
| Profit before tax | Rs. 0.78 Cr | Rs. 0.72 Cr | Rs. 6.29 Cr | + 773.61 % | + 706.41 % |
| Tax % | 314.58 % | 0.8 % | 21.48 % | + 20.68 % | -293.1 % |
| Net Profit | Rs. -1.99 Cr | Rs. 0.72 Cr | Rs. 4.89 Cr | + 579.17 % | + 345.73 % |
| EPS in Rs | Rs. -0.42 | Rs. 0.09 | Rs. 0.89 | + 888.89 % | + 311.9 % |
Today, we’re looking at Jaykay Enterprises Limited’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 190.49 %. However, it did see a marginal increase of 298.5 % from the previous quarter. Expenses ticked up slightly by 319.66 % quarter-on-quarter, aligning with the annual rise of 206.46 %. Operating profit, while down -74.58 % compared to last year, faced a quarter-on-quarter dip of -64.29 %, 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 -5.21 %, but a shrinkage of -5.07 % sequentially. Other income rose by 164.75 % compared to the last quarter, despite an annual growth of 421.99 %. Interest expenses dropped significantly by -18.24 % from the previous quarter, yet the year-over-year increase remains at a moderate 157.45 %. Depreciation costs fell by -99 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -98.67 %. Profit before tax grew annually by 706.41 % but saw an increase from the preceding quarter by 773.61 %.
Tax expenses as a percentage of profits decreased slightly by -293.1 % compared to last year, with a more notable quarter-on-quarter increase of 20.68 %. Net profit rose by 345.73 % year-on-year but experienced a 579.17 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 311.9 % but a quarterly rise of 888.89 %. In summary, Jaykay Enterprises 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. 10.338 Cr | Rs. 7.536 Cr | Rs. 30.031 Cr | + 298.5 % | + 190.49 % |
| Expenses | Rs. 9.75 Cr | Rs. 7.12 Cr | Rs. 29.88 Cr | + 319.66 % | + 206.46 % |
| Operating Profit | Rs. 0.59 Cr | Rs. 0.42 Cr | Rs. 0.15 Cr | -64.29 % | -74.58 % |
| Net Profit | Rs. -1.99 Cr | Rs. 0.72 Cr | Rs. 4.89 Cr | + 579.17 % | + 345.73 % |
| EPS in Rs | Rs. -0.42 | Rs. 0.09 | Rs. 0.89 | + 888.89 % | + 311.9 % |
In reviewing Jaykay Enterprises Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 190.49 % year-on-year growth, however, there was a minor increase of 298.5 % from the previous quarter. Expenses rose by 206.46 % compared to the previous year, with a 319.66 % increase quarter-on-quarter. Operating Profit dropped by -74.58 % annually, and saw a -64.29 % decrease from the last quarter.
Net Profit showed yearly increase of 345.73 %, and experienced a 579.17 % increase from the previous quarter. Earnings Per Share (EPS) rose by 311.9 % annually, however rose by 888.89 % compared to the last quarter. In essence, while Jaykay Enterprises Limited exhibits strong annual growth 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.
