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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 107.26 % in the past year, substantial increase in net sales/revenue by 30.79 %.
- 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 104.35 %. Marginal increase in other income during this quarter, up by 25%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Khandwala Securities Limited. Profit dropped by -80.13 % Year to Year, Khandwala Securities Limited’s profitability dropped by -228.09 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -80.53 % Year to Year. EPS decreased by -222.22 % 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. 1.363 Cr | Rs. 2.16 Cr | Rs. 2.825 Cr | + 30.79 % | + 107.26 % |
Expenses | Rs. 1.72 Cr | Rs. 1.8 Cr | Rs. 3.05 Cr | + 69.44 % | + 77.33 % |
Operating Profit | Rs. -0.36 Cr | Rs. 0.36 Cr | Rs. -0.23 Cr | -163.89 % | + 36.11 % |
OPM % | -26.41 % | 16.67 % | -8.14 % | -24.81 % | + 18.27 % |
Other Income | Rs. -1.15 Cr | Rs. 0.04 Cr | Rs. 0.05 Cr | + 25 % | + 104.35 % |
Interest | Rs. 0.07 Cr | Rs. 0.06 Cr | Rs. 0.05 Cr | -16.67 % | -28.57 % |
Depreciation | Rs. 0.04 Cr | Rs. 0.08 Cr | Rs. 0.12 Cr | + 50 % | + 200 % |
Profit before tax | Rs. -1.62 Cr | Rs. 0.26 Cr | Rs. -0.35 Cr | -234.62 % | + 78.4 % |
Tax % | -6.1 % | 3.09 % | -0.87 % | -3.96 % | + 5.23 % |
Net Profit | Rs. -1.72 Cr | Rs. 0.27 Cr | Rs. -0.34 Cr | -225.93 % | + 80.23 % |
EPS in Rs | Rs. -1.13 | Rs. 0.18 | Rs. -0.22 | -222.22 % | + 80.53 % |
Today, we’re looking at Khandwala Securities 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 107.26 %. However, it did see a marginal increase of 30.79 % from the previous quarter. Expenses ticked up slightly by 69.44 % quarter-on-quarter, aligning with the annual rise of 77.33 %. Operating profit, while up 36.11 % compared to last year, faced a quarter-on-quarter dip of -163.89 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 18.27 %, but a shrinkage of -24.81 % sequentially. Other income rose by 25 % compared to the last quarter, despite an annual growth of 104.35 %. Interest expenses dropped significantly by -16.67 % from the previous quarter, yet the year-over-year decrease remains at a moderate -28.57 %. Depreciation costs climbed by 50 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 200 %. Profit before tax grew annually by 78.4 % but saw a reduction from the preceding quarter by -234.62 %.
Tax expenses as a percentage of profits increased slightly by 5.23 % compared to last year, with a more notable quarter-on-quarter decrease of -3.96 %. Net profit rose by 80.23 % year-on-year but witnessed a -225.93 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 80.53 % but a quarterly fall of -222.22 %. In summary, Khandwala Securities 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. 1.363 Cr | Rs. 2.16 Cr | Rs. 2.825 Cr | + 30.79 % | + 107.26 % |
Expenses | Rs. 1.72 Cr | Rs. 1.8 Cr | Rs. 3.05 Cr | + 69.44 % | + 77.33 % |
Operating Profit | Rs. -0.36 Cr | Rs. 0.36 Cr | Rs. -0.23 Cr | -163.89 % | + 36.11 % |
Net Profit | Rs. -1.72 Cr | Rs. 0.27 Cr | Rs. -0.34 Cr | -225.93 % | + 80.23 % |
EPS in Rs | Rs. -1.13 | Rs. 0.18 | Rs. -0.22 | -222.22 % | + 80.53 % |
In reviewing Khandwala Securities Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 107.26 % year-on-year growth, however, there was a minor increase of 30.79 % from the previous quarter. Expenses rose by 77.33 % compared to the previous year, with a 69.44 % increase quarter-on-quarter. Operating Profit surged by 36.11 % annually, and saw a -163.89 % decrease from the last quarter.
Net Profit showed yearly increase of 80.23 %, and experienced a -225.93 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 80.53 % annually, however dipped by -222.22 % compared to the last quarter. In essence, while Khandwala Securities 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.