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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 273.31% in the past year Substantial increase in net sales/revenue by 26.83%.
- Income over the Year and quarter: There has been decline in other income over the past year which is -94.79% Marginal decrease of -46.15% in other income during this quarter
- Profit over the Year and quarter: Challenges in sustaining profitability for Lotus Chocolate Co. Ltd.,. Profit dropped by -89.75% Year to YearLotus Chocolate Co. Ltd.,’s profitability increased by 321.00% in this quarter.
- EPS over the Year and quarter: EPS declined by -87.96% Year to Year.EPS increased by 318.18%. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 17.631 Cr | Rs. 51.895 Cr | Rs. 65.818 Cr | + 26.83% | + 273.31% |
Expenses | Rs. 16.86 Cr | Rs. 51.05 Cr | Rs. 64.04 Cr | + 25.45% | + 279.83% |
Operating Profit | Rs. 0.77 Cr | Rs. 0.85 Cr | Rs. 1.78 Cr | + 109.41% | + 131.17% |
OPM % | 4.37 % | 1.64 % | 2.7 % | + 1.06% | -1.67% |
Other Income | Rs. 4.03 Cr | Rs. 0.39 Cr | Rs. 0.21 Cr | -46.15% | -94.79% |
Interest | Rs. 0 Cr | Rs. 0.44 Cr | Rs. 0.22 Cr | -50% | 0% |
Depreciation | Rs. 1.06 Cr | Rs. 0.26 Cr | Rs. 0.28 Cr | + 7.69% | -73.58% |
Profit before tax | Rs. 3.74 Cr | Rs. 0.54 Cr | Rs. 1.49 Cr | + 175.93% | -60.16% |
Tax % | 1.12 % | 46.59 % | 20.56 % | -26.03% | + 19.44% |
Net Profit | Rs. 11.54 Cr | Rs. 0.28 Cr | Rs. 1.18 Cr | + 321.43% | -89.77% |
EPS in Rs | Rs. 7.64 | Rs. 0.22 | Rs. 0.92 | + 318.18% | -87.96% |
Today, we’re looking at Lotus Chocolate Co. 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 273.31%. However, it did see a marginal increase of 26.83% from the previous quarter.Expenses ticked up slightly by 25.45% quarter-on-quarter, aligning with the annual rise of 279.83%. Operating profit, while up 131.17% compared to last year, faced a quarter-on-quarter increase of 109.41%, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -1.67%, but an expansion of 1.06% sequentially. Other income fell by -46.15% compared to the last quarter, despite an annual decline of -94.79%. Interest expenses dropped significantly by -50% from the previous quarter, yet the year-over-year decrease remains at a moderate -99.82%. Depreciation costs climbed by 7.69% quarter-on-quarter, yet on an annual scale, they experienced a reduction of -73.58%. Profit before tax declined annually by -60.16%but saw an increase from the preceding quarter by 175.93%.
Tax expenses as a percentage of profits increased slightly by 19.44% compared to last year, with a more notable quarter-on-quarter decrease of -26.03%. Net profit fell by -89.77% year-on-yearbut experienced a 321.43% expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -87.96% but a quarterly rise of 318.18%. In summary, Lotus Chocolate Co. 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. 17.631 Cr | Rs. 51.895 Cr | Rs. 65.818 Cr | + 26.83% | + 273.31% |
Expenses | Rs. 16.86 Cr | Rs. 51.05 Cr | Rs. 64.04 Cr | + 25.45% | + 279.83% |
Operating Profit | Rs. 0.77 Cr | Rs. 0.85 Cr | Rs. 1.78 Cr | + 109.41% | + 131.17% |
Net Profit | Rs. 11.54 Cr | Rs. 0.28 Cr | Rs. 1.18 Cr | + 321.43% | -89.77% |
EPS in Rs | Rs. 7.64 | Rs. 0.22 | Rs. 0.92 | + 318.18% | -87.96% |
In reviewing Lotus Chocolate Co. Ltd.,’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 13.62% year-on-year growth, however, there was a minor increase of 26.83% from the previous quarter. Expenses rose by 279.83% compared to the previous year, with a 25.45% increase quarter-on-quarter. Operating Profit surged by 131.17% annually, and saw a 109.41% increase from the last quarter.
Net Profit showed yearly decrease of -89.77%, and experienced a 321.43% increase from the previous quarter. Earnings Per Share (EPS) fell by -87.96% annually, however rose by 318.18% compared to the last quarter. In essence, while Lotus Chocolate Co. Ltd., 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.