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Highlights
- The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company’s sales declined by -7.57 % over the year, substantial increase in net sales/revenue by 35.03 %.
- 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 21.18 %. Marginal decrease of -3.16% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Nicco Parks And Resorts Ltd.. Profit dropped by -19.02 % Year to Year, Nicco Parks And Resorts Ltd.’s profitability increased by 77.83 % in this quarter.
- EPS over the Year and quarter: EPS declined by -18.97 % Year to Year. EPS increased by 77.36 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 26.768 Cr | Rs. 18.324 Cr | Rs. 24.743 Cr | + 35.03 % | -7.57 % |
Expenses | Rs. 13.29 Cr | Rs. 13.84 Cr | Rs. 14.86 Cr | + 7.37 % | + 11.81 % |
Operating Profit | Rs. 13.48 Cr | Rs. 4.48 Cr | Rs. 9.88 Cr | + 120.54 % | -26.71 % |
OPM % | 50.36 % | 24.45 % | 39.93 % | + 15.48 % | -10.43 % |
Other Income | Rs. 2.2 Cr | Rs. 2.753 Cr | Rs. 2.666 Cr | -3.16 % | + 21.18 % |
Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 0.01 Cr | 0 % | 0 % |
Depreciation | Rs. 0.62 Cr | Rs. 0.69 Cr | Rs. 0.58 Cr | -15.94 % | -6.45 % |
Profit before tax | Rs. 15.06 Cr | Rs. 6.54 Cr | Rs. 11.96 Cr | + 82.87 % | -20.58 % |
Tax % | 30.11 % | 33.42 % | 30.87 % | -2.55 % | + 0.76 % |
Net Profit | Rs. 10.85 Cr | Rs. 4.94 Cr | Rs. 8.79 Cr | + 77.94 % | -18.99 % |
EPS in Rs | Rs. 2.32 | Rs. 1.06 | Rs. 1.88 | + 77.36 % | -18.97 % |
Today, we’re looking at Nicco Parks And Resorts Ltd.’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -7.57 %. However, it did see a marginal increase of 35.03 % from the previous quarter. Expenses ticked up slightly by 7.37 % quarter-on-quarter, aligning with the annual rise of 11.81 %. Operating profit, while down -26.71 % compared to last year, faced a quarter-on-quarter increase of 120.54 %, 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 -10.43 %, but an expansion of 15.48 % sequentially. Other income fell by -3.16 % compared to the last quarter, despite an annual growth of 21.18 %. Depreciation costs fell by -15.94 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -6.45 %. Profit before tax declined annually by -20.58 % but saw an increase from the preceding quarter by 82.87 %.
Tax expenses as a percentage of profits increased slightly by 0.76 % compared to last year, with a more notable quarter-on-quarter decrease of -2.55 %. Net profit fell by -18.99 % year-on-year but experienced a 77.94 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -18.97 % but a quarterly rise of 77.36 %. In summary, Nicco Parks And Resorts 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. 26.768 Cr | Rs. 18.324 Cr | Rs. 24.743 Cr | + 35.03 % | -7.57 % |
Expenses | Rs. 13.29 Cr | Rs. 13.84 Cr | Rs. 14.86 Cr | + 7.37 % | + 11.81 % |
Operating Profit | Rs. 13.48 Cr | Rs. 4.48 Cr | Rs. 9.88 Cr | + 120.54 % | -26.71 % |
Net Profit | Rs. 10.85 Cr | Rs. 4.94 Cr | Rs. 8.79 Cr | + 77.94 % | -18.99 % |
EPS in Rs | Rs. 2.32 | Rs. 1.06 | Rs. 1.88 | + 77.36 % | -18.97 % |
In reviewing Nicco Parks And Resorts Ltd.’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -7.57 % year-on-year, however, there was a minor increase of 35.03 % from the previous quarter. Expenses rose by 11.81 % compared to the previous year, with a 7.37 % increase quarter-on-quarter. Operating Profit dropped by -26.71 % annually, and saw a 120.54 % increase from the last quarter.
Net Profit showed yearly decrease of -18.99 %, and experienced a 77.94 % increase from the previous quarter. Earnings Per Share (EPS) fell by -18.97 % annually, however rose by 77.36 % compared to the last quarter. In essence, while Nicco Parks And Resorts 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.
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