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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 55.23 % in the past year, decrease in net sales/revenue by -47.98 %.
- 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 33.45 %. Marginal increase in other income during this quarter, up by 3.08%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Keystone Realtors Limited. Profit dropped by -44.85 % Year to Year, Keystone Realtors Limited’s profitability dropped by -15.82 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -47.57 % Year to Year. EPS decreased by -19.7 % 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. 271.96 Cr | Rs. 811.56 Cr | Rs. 422.16 Cr | -47.98 % | + 55.23 % |
| Expenses | Rs. 208.6 Cr | Rs. 761.7 Cr | Rs. 380.72 Cr | -50.02 % | + 82.51 % |
| Operating Profit | Rs. 63.36 Cr | Rs. 49.86 Cr | Rs. 41.44 Cr | -16.89 % | -34.6 % |
| OPM % | 23.3 % | 6.14 % | 9.82 % | + 3.68 % | -13.48 % |
| Other Income | Rs. 11.27 Cr | Rs. 14.59 Cr | Rs. 15.04 Cr | + 3.08 % | + 33.45 % |
| Interest | Rs. 6.51 Cr | Rs. 19.71 Cr | Rs. 16.78 Cr | -14.87 % | + 157.76 % |
| Depreciation | Rs. 1.43 Cr | Rs. 2.6 Cr | Rs. 2.4 Cr | -7.69 % | + 67.83 % |
| Profit before tax | Rs. 66.69 Cr | Rs. 42.14 Cr | Rs. 37.3 Cr | -11.49 % | -44.07 % |
| Tax % | 30.45 % | 26.31 % | 29.84 % | + 3.53 % | -0.61 % |
| Net Profit | Rs. 46.51 Cr | Rs. 30.47 Cr | Rs. 25.65 Cr | -15.82 % | -44.85 % |
| EPS in Rs | Rs. 4.12 | Rs. 2.68 | Rs. 2.15 | -19.78 % | -47.82 % |
Today, we’re looking at Keystone Realtors 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 55.23 %. However, it did see a marginal slip of -47.98 % from the previous quarter. Expenses decreased slightly by -50.02 % quarter-on-quarter, aligning with the annual rise of 82.51 %. Operating profit, while down -34.6 % compared to last year, faced a quarter-on-quarter dip of -16.89 %, 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 -13.48 %, but an expansion of 3.68 % sequentially. Other income rose by 3.08 % compared to the last quarter, despite an annual growth of 33.45 %. Interest expenses dropped significantly by -14.87 % from the previous quarter, yet the year-over-year increase remains at a moderate 157.76 %. Depreciation costs fell by -7.69 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 67.83 %. Profit before tax declined annually by -44.07 % but saw a reduction from the preceding quarter by -11.49 %.
Tax expenses as a percentage of profits decreased slightly by -0.61 % compared to last year, with a more notable quarter-on-quarter increase of 3.53 %. Net profit fell by -44.85 % year-on-year but witnessed a -15.82 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -47.82 % but a quarterly fall of -19.78 %. In summary, Keystone Realtors 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. 271.96 Cr | Rs. 811.56 Cr | Rs. 422.16 Cr | -47.98 % | + 55.23 % |
| Expenses | Rs. 208.6 Cr | Rs. 761.7 Cr | Rs. 380.72 Cr | -50.02 % | + 82.51 % |
| Operating Profit | Rs. 63.36 Cr | Rs. 49.86 Cr | Rs. 41.44 Cr | -16.89 % | -34.6 % |
| Net Profit | Rs. 46.51 Cr | Rs. 30.47 Cr | Rs. 25.65 Cr | -15.82 % | -44.85 % |
| EPS in Rs | Rs. 4.12 | Rs. 2.68 | Rs. 2.15 | -19.78 % | -47.82 % |
In reviewing Keystone Realtors Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 55.23 % year-on-year growth, although there was a slight dip of -47.98 % from the previous quarter. Expenses rose by 82.51 % compared to the previous year, with a decrease of -50.02 % quarter-on-quarter. Operating Profit dropped by -34.6 % annually, and saw a -16.89 % decrease from the last quarter.
Net Profit showed yearly decrease of -44.85 %, and experienced a -15.82 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -47.82 % annually, however dipped by -19.78 % compared to the last quarter. In essence, while Keystone Realtors Limited 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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