Highlights
- Sales over the Year and quarter:
- Income over the Year and quarter:
- Profit over the Year and quarter: Challenges in sustaining profitability for N.B. Footwear Ltd.,. Profit dropped by -11.43% Year to YearN.B. Footwear Ltd.,’s profitability dropped by -27.91% Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -33.33% Year to Year.EPS decreased by -33.33%. Analysis needed for shareholder value.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 1561.5 Cr | Rs. 59.999 Cr | Rs. 52.676 Cr | -12.21% | -96.63% |
| Expenses | Rs. 0.04 Cr | Rs. 0.04 Cr | Rs. 0.03 Cr | -25% | -25% |
| Operating Profit | Rs. 1561.46 Cr | Rs. 59.96 Cr | Rs. 52.65 Cr | -12.19% | -96.63% |
| OPM % | 100 % | 99.93 % | 99.95 % | + 0.02% | -0.05% |
| Other Income | Rs. -0.01 Cr | Rs. 0 Cr | Rs. 0 Cr | + 0% | 0% |
| Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | + 0% | 0% |
| Depreciation | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | + 0% | 0% |
| Profit before tax | Rs. 1561.45 Cr | Rs. 59.96 Cr | Rs. 52.65 Cr | -12.19% | -96.63% |
| Tax % | -0 % | -0 % | -0 % | + 0% | + 0% |
| Net Profit | Rs. -0.04 Cr | Rs. -0.04 Cr | Rs. -0.03 Cr | + 25% | + 25% |
| EPS in Rs | Rs. -0.03 | Rs. -0.03 | Rs. -0.02 | + 33.33% | + 33.33% |
Today, we’re looking at N.B. Footwear Ltd.,’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -96.63%. However, it did see a marginal slip of -12.21% from the previous quarter.Expenses decreased slightly by -25% quarter-on-quarter, aligning with the annual decline of -25%. Operating profit, while down -96.63% compared to last year,faced a quarter-on-quarter dip of -12.19%, 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 -0.05%, but an expansion of 0.02% sequentially. Other income rose by 1.33% compared to the last quarter,despite an annual decline of -80.93%. Interest expenses surged remarkably by 52.94% from the previous quarter, yet the year-over-year decrease remains at a moderate -99.82%. Depreciation costs climbed by 1.11% quarter-on-quarter, yet on an annual scale, they experienced a reduction of -99.01%. Profit before tax declined annually by -96.63%but saw a reduction from the preceding quarter by -12.19%.
Tax expenses as a percentage of profits increased slightly by 26.37% compared to last year, with a more notable quarter-on-quarter increase of 0.54%. Net profit rose by 25% year-on-year but experienced a 25% expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 33.33% but a quarterly rise of 33.33%. In summary, N.B. Footwear 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. 1561.5 Cr | Rs. 59.999 Cr | Rs. 52.676 Cr | -12.21% | -96.63% |
| Expenses | Rs. 0.04 Cr | Rs. 0.04 Cr | Rs. 0.03 Cr | -25% | -25% |
| Operating Profit | Rs. 1561.46 Cr | Rs. 59.96 Cr | Rs. 52.65 Cr | -12.19% | -96.63% |
| Net Profit | Rs. -0.04 Cr | Rs. -0.04 Cr | Rs. -0.03 Cr | + 25% | + 25% |
| EPS in Rs | Rs. -0.03 | Rs. -0.03 | Rs. -0.02 | + 33.33% | + 33.33% |
In reviewing N.B. Footwear Ltd.,’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -96.63% year-on-year, although there was a slight dip of -12.21% from the previous quarter.Expenses decreased by -25% compared to the previous year, with a decrease of -25% quarter-on-quarter. Operating Profit dropped by -96.63% annually, and saw a -12.19% decrease from the last quarter.
Net Profit showed yearly increase of 25%, and experienced a 25% increase from the previous quarter. Earnings Per Share (EPS) rose by 33.33% annually, however rose by 33.33% compared to the last quarter. In essence, while N.B. Footwear Ltd., faces strong annual decline indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.
