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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 6.42 % in the past year, substantial increase in net sales/revenue by 68.22 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -106.07 %, Marginal increase in other income during this quarter, up by 38.2%.
- Profit over the Year and quarter: Significant improvement in profitability for Navneet Education Limited. Notable increase of 108.85 % in net profit Year to Year, Navneet Education Limited’s profitability dropped by -313.03 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 108.91 % Year to Year. EPS decreased by -311 % 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. 409.02 Cr | Rs. 258.76 Cr | Rs. 435.28 Cr | + 68.22 % | + 6.42 % |
Expenses | Rs. 349.24 Cr | Rs. 254.73 Cr | Rs. 348.76 Cr | + 36.91 % | -0.14 % |
Operating Profit | Rs. 59.78 Cr | Rs. 4.03 Cr | Rs. 86.52 Cr | + 2046.9 % | + 44.73 % |
OPM % | 14.62 % | 1.56 % | 19.88 % | + 18.32 % | + 5.26 % |
Other Income | Rs. 27.19 Cr | Rs. -2.67 Cr | Rs. -1.65 Cr | + 38.2 % | -106.07 % |
Interest | Rs. 4.41 Cr | Rs. 3.62 Cr | Rs. 4.96 Cr | + 37.02 % | + 12.47 % |
Depreciation | Rs. 19.69 Cr | Rs. 16.42 Cr | Rs. 21.44 Cr | + 30.57 % | + 8.89 % |
Profit before tax | Rs. 62.87 Cr | Rs. -18.68 Cr | Rs. 58.47 Cr | + 413.01 % | -7 % |
Tax % | 30.9 % | -29.47 % | 16.32 % | + 45.79 % | -14.58 % |
Net Profit | Rs. 22.94 Cr | Rs. -22.49 Cr | Rs. 47.91 Cr | + 313.03 % | + 108.85 % |
EPS in Rs | Rs. 1.01 | Rs. -1 | Rs. 2.11 | + 311 % | + 108.91 % |
Today, we’re looking at Navneet Education 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 6.42 %. However, it did see a marginal increase of 68.22 % from the previous quarter. Expenses ticked up slightly by 36.91 % quarter-on-quarter, aligning with the annual decline of -0.14 %. Operating profit, while up 44.73 % compared to last year, faced a quarter-on-quarter increase of 2046.9 %, 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 5.26 %, but an expansion of 18.32 % sequentially. Other income rose by 38.2 % compared to the last quarter, despite an annual decline of -106.07 %. Interest expenses surged remarkably by 37.02 % from the previous quarter, yet the year-over-year increase remains at a moderate 12.47 %. Depreciation costs climbed by 30.57 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 8.89 %. Profit before tax declined annually by -7 % but saw an increase from the preceding quarter by 413.01 %.
Tax expenses as a percentage of profits decreased slightly by -14.58 % compared to last year, with a more notable quarter-on-quarter increase of 45.79 %. Net profit rose by 108.85 % year-on-year but experienced a 313.03 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 108.91 % but a quarterly rise of 311 %. In summary, Navneet Education 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. 409.02 Cr | Rs. 258.76 Cr | Rs. 435.28 Cr | + 68.22 % | + 6.42 % |
Expenses | Rs. 349.24 Cr | Rs. 254.73 Cr | Rs. 348.76 Cr | + 36.91 % | -0.14 % |
Operating Profit | Rs. 59.78 Cr | Rs. 4.03 Cr | Rs. 86.52 Cr | + 2046.9 % | + 44.73 % |
Net Profit | Rs. 22.94 Cr | Rs. -22.49 Cr | Rs. 47.91 Cr | + 313.03 % | + 108.85 % |
EPS in Rs | Rs. 1.01 | Rs. -1 | Rs. 2.11 | + 311 % | + 108.91 % |
In reviewing Navneet Education Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 6.42 % year-on-year growth, however, there was a minor increase of 68.22 % from the previous quarter. Expenses decreased by -0.14 % compared to the previous year, with a 36.91 % increase quarter-on-quarter. Operating Profit surged by 44.73 % annually, and saw a 2046.9 % increase from the last quarter.
Net Profit showed yearly increase of 108.85 %, and experienced a 313.03 % increase from the previous quarter. Earnings Per Share (EPS) rose by 108.91 % annually, however rose by 311 % compared to the last quarter. In essence, while Navneet Education Limited 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.