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Narendra Properties : Q4 2024 Financial Quarterly Report : QoQ Down 39.6 %

June 21, 2024June 21, 2024| adminadmin| 0 Comments| 2:45 pm
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Highlights

  • Sales over the Year and quarter: decrease in net sales/revenue by -39.6 %.
  • Income over the Year and quarter: There has been decline in other income over the past year which is -95.36 %, Marginal increase in other income during this quarter, up by 50%.
  • Profit over the Year and quarter: Challenges in sustaining profitability for Narendra Properties Ltd.. Profit dropped by -161.61 % Year to Year, Narendra Properties Ltd.’s profitability increased by 365.17 % in this quarter.
  • EPS over the Year and quarter: EPS declined by -161.61 % Year to Year. EPS increased by 363.55 % in previous quarter. Positive impact on shareholders.

The comprehensive analytics outlining the performance and outlook of Narendra Properties Ltd.”s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 0 Cr Rs. 5.762 Cr Rs. 3.48 Cr -39.6 % 0 %
Expenses Rs. 1.28 Cr Rs. 6.76 Cr Rs. 6.62 Cr -2.07 % + 417.19 %
Operating Profit Rs. -1.28 Cr Rs. -1 Cr Rs. -3.14 Cr -214 % -145.31 %
OPM % 0 % -17.36 % -90.23 % -72.87 % -90.23 %
Other Income Rs. 7.76 Cr Rs. 0.24 Cr Rs. 0.36 Cr + 50 % -95.36 %
Interest Rs. 0.14 Cr Rs. 0 Cr Rs. 0 Cr 0 % 0 %
Depreciation Rs. 0 Cr Rs. 0.01 Cr Rs. 0.01 Cr + 0 % 0 %
Profit before tax Rs. 6.34 Cr Rs. -0.77 Cr Rs. -2.79 Cr -262.34 % -144.01 %
Tax % 9.76 % -0.13 % -26.97 % -26.84 % -36.73 %
Net Profit Rs. 5.72 Cr Rs. -0.76 Cr Rs. -3.53 Cr -364.47 % -161.71 %
EPS in Rs Rs. 8.05 Rs. -1.07 Rs. -4.96 -363.55 % -161.61 %


Today, we’re looking at Narendra Properties Ltd.’s financial performance for the Q4(Mar 2024).However, it did see a marginal slip of -39.6 % from the previous quarter. Expenses decreased slightly by -2.07 % quarter-on-quarter, aligning with the annual rise of 417.19 %. Operating profit, while down -145.31 % compared to last year, faced a quarter-on-quarter dip of -214 %, 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 -90.23 %, but a shrinkage of -72.87 % sequentially. Other income rose by 50 % compared to the last quarter, despite an annual decline of -95.36 %. Depreciation costs climbed by 0 % quarter-on-quarter, Profit before tax declined annually by -144.01 % but saw a reduction from the preceding quarter by -262.34 %.
Tax expenses as a percentage of profits decreased slightly by -36.73 % compared to last year, with a more notable quarter-on-quarter decrease of -26.84 %. Net profit fell by -161.71 % year-on-year but witnessed a -364.47 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -161.61 % but a quarterly fall of -363.55 %. In summary, Narendra Properties 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. 0 Cr Rs. 5.762 Cr Rs. 3.48 Cr -39.6 % 0 %
Expenses Rs. 1.28 Cr Rs. 6.76 Cr Rs. 6.62 Cr -2.07 % + 417.19 %
Operating Profit Rs. -1.28 Cr Rs. -1 Cr Rs. -3.14 Cr -214 % -145.31 %
Net Profit Rs. 5.72 Cr Rs. -0.76 Cr Rs. -3.53 Cr -364.47 % -161.71 %
EPS in Rs Rs. 8.05 Rs. -1.07 Rs. -4.96 -363.55 % -161.61 %


In reviewing Narendra Properties Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.although there was a slight dip of -39.6 % from the previous quarter. Expenses rose by 417.19 % compared to the previous year, with a decrease of -2.07 % quarter-on-quarter. Operating Profit dropped by -145.31 % annually, and saw a -214 % decrease from the last quarter.
Net Profit showed yearly decrease of -161.71 %, and experienced a -364.47 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -161.61 % annually, however dipped by -363.55 % compared to the last quarter. In essence, while Narendra Properties 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.

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