Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 2.15 % in the past year, substantial increase in net sales/revenue by 11.55 %.
- 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 62.5 %. Marginal decrease of -35% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Liberty Shoes Ltd.. Profit dropped by -1824.22 % Year to Year, Liberty Shoes Ltd.’s profitability increased by 2608.15 % in this quarter.
- EPS over the Year and quarter: EPS increased by 2,030.77 % Year to Year. EPS increased by 2418.18 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 166.074 Cr | Rs. 152.076 Cr | Rs. 169.638 Cr | + 11.55 % | + 2.15 % |
| Expenses | Rs. 152.47 Cr | Rs. 141.42 Cr | Rs. 144.3 Cr | + 2.04 % | -5.36 % |
| Operating Profit | Rs. 13.6 Cr | Rs. 10.66 Cr | Rs. 25.34 Cr | + 137.71 % | + 86.32 % |
| OPM % | 8.19 % | 7.01 % | 14.94 % | + 7.93 % | + 6.75 % |
| Other Income | Rs. 0.08 Cr | Rs. 0.2 Cr | Rs. 0.13 Cr | -35 % | + 62.5 % |
| Interest | Rs. 3.37 Cr | Rs. 2.76 Cr | Rs. 3.17 Cr | + 14.86 % | -5.93 % |
| Depreciation | Rs. 10.38 Cr | Rs. 7.73 Cr | Rs. 10.85 Cr | + 40.36 % | + 4.53 % |
| Profit before tax | Rs. -0.07 Cr | Rs. 0.37 Cr | Rs. 11.45 Cr | + 2994.59 % | + 16457.14 % |
| Tax % | -27.88 % | 25.1 % | 25.89 % | + 0.79 % | + 53.77 % |
| Net Profit | Rs. -0.29 Cr | Rs. 0.18 Cr | Rs. 4.98 Cr | + 2666.67 % | + 1817.24 % |
| EPS in Rs | Rs. -0.13 | Rs. 0.11 | Rs. 2.77 | + 2418.18 % | + 2230.77 % |
Today, we’re looking at Liberty Shoes 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 2.15 %. However, it did see a marginal increase of 11.55 % from the previous quarter. Expenses ticked up slightly by 2.04 % quarter-on-quarter, aligning with the annual decline of -5.36 %. Operating profit, while up 86.32 % compared to last year, faced a quarter-on-quarter increase of 137.71 %, 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 6.75 %, but an expansion of 7.93 % sequentially. Other income fell by -35 % compared to the last quarter, despite an annual growth of 62.5 %. Interest expenses surged remarkably by 14.86 % from the previous quarter, yet the year-over-year decrease remains at a moderate -5.93 %. Depreciation costs climbed by 40.36 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 4.53 %. Profit before tax grew annually by 16457.14 % but saw an increase from the preceding quarter by 2994.59 %.
Tax expenses as a percentage of profits increased slightly by 53.77 % compared to last year, with a more notable quarter-on-quarter increase of 0.79 %. Net profit rose by 1817.24 % year-on-year but experienced a 2666.67 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 2230.77 % but a quarterly rise of 2418.18 %. In summary, Liberty Shoes 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. 166.074 Cr | Rs. 152.076 Cr | Rs. 169.638 Cr | + 11.55 % | + 2.15 % |
| Expenses | Rs. 152.47 Cr | Rs. 141.42 Cr | Rs. 144.3 Cr | + 2.04 % | -5.36 % |
| Operating Profit | Rs. 13.6 Cr | Rs. 10.66 Cr | Rs. 25.34 Cr | + 137.71 % | + 86.32 % |
| Net Profit | Rs. -0.29 Cr | Rs. 0.18 Cr | Rs. 4.98 Cr | + 2666.67 % | + 1817.24 % |
| EPS in Rs | Rs. -0.13 | Rs. 0.11 | Rs. 2.77 | + 2418.18 % | + 2230.77 % |
In reviewing Liberty Shoes Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 2.15 % year-on-year growth, however, there was a minor increase of 11.55 % from the previous quarter. Expenses decreased by -5.36 % compared to the previous year, with a 2.04 % increase quarter-on-quarter. Operating Profit surged by 86.32 % annually, and saw a 137.71 % increase from the last quarter.
Net Profit showed yearly increase of 1817.24 %, and experienced a 2666.67 % increase from the previous quarter. Earnings Per Share (EPS) rose by 2230.77 % annually, however rose by 2418.18 % compared to the last quarter. In essence, while Liberty Shoes Ltd. 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.
