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Highlights
- Sales over the Year and quarter: decrease in net sales/revenue by -44.73 %.
- 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 193.33 %. Marginal decrease of -89.54% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Nila Spaces Ltd. Profit dropped by -178.71 % Year to Year, Nila Spaces Ltd’s profitability dropped by -81.28 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -185.71 % Year to Year. EPS decreased by -80 % 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. 0 Cr | Rs. 58.423 Cr | Rs. 32.291 Cr | -44.73 % | -76.66 % |
Expenses | Rs. 4.1 Cr | Rs. 51.11 Cr | Rs. 26.46 Cr | -48.23 % | + 545.37 % |
Operating Profit | Rs. -4.1 Cr | Rs. 7.31 Cr | Rs. 5.83 Cr | -20.25 % | + 242.2 % |
OPM % | 0 % | 12.51 % | 18.05 % | + 5.54 % | + 18.05 % |
Other Income | Rs. 0.3 Cr | Rs. 8.41 Cr | Rs. 0.88 Cr | -89.54 % | + 193.33 % |
Interest | Rs. 0 Cr | Rs. 2.29 Cr | Rs. 2.47 Cr | + 7.86 % | + 0 % |
Depreciation | Rs. 0.03 Cr | Rs. 0.07 Cr | Rs. 1.09 Cr | + 1457.14 % | + 3533.33 % |
Profit before tax | Rs. -3.83 Cr | Rs. 13.36 Cr | Rs. 3.15 Cr | -76.42 % | + 182.25 % |
Tax % | -27.94 % | 12.97 % | 29.62 % | + 16.65 % | + 57.56 % |
Net Profit | Rs. -2.77 Cr | Rs. 11.63 Cr | Rs. 2.18 Cr | -81.26 % | + 178.7 % |
EPS in Rs | Rs. -0.07 | Rs. 0.3 | Rs. 0.06 | -80 % | + 185.71 % |
Today, we’re looking at Nila Spaces 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 -76.66 %. However, it did see a marginal slip of -44.73 % from the previous quarter. Expenses decreased slightly by -48.23 % quarter-on-quarter, aligning with the annual rise of 545.37 %. Operating profit, while up 242.2 % compared to last year, faced a quarter-on-quarter dip of -20.25 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 18.05 %, but an expansion of 5.54 % sequentially. Other income fell by -89.54 % compared to the last quarter, despite an annual growth of 193.33 %. Interest expenses surged remarkably by 7.86 % from the previous quarter, yet the year-over-year increase remains at a moderate 133.92 %. Depreciation costs climbed by 1457.14 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 3533.33 %. Profit before tax grew annually by 182.25 % but saw a reduction from the preceding quarter by -76.42 %.
Tax expenses as a percentage of profits increased slightly by 57.56 % compared to last year, with a more notable quarter-on-quarter increase of 16.65 %. Net profit rose by 178.7 % year-on-year but witnessed a -81.26 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 185.71 % but a quarterly fall of -80 %. In summary, Nila Spaces 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. 58.423 Cr | Rs. 32.291 Cr | -44.73 % | -76.66 % |
Expenses | Rs. 4.1 Cr | Rs. 51.11 Cr | Rs. 26.46 Cr | -48.23 % | + 545.37 % |
Operating Profit | Rs. -4.1 Cr | Rs. 7.31 Cr | Rs. 5.83 Cr | -20.25 % | + 242.2 % |
Net Profit | Rs. -2.77 Cr | Rs. 11.63 Cr | Rs. 2.18 Cr | -81.26 % | + 178.7 % |
EPS in Rs | Rs. -0.07 | Rs. 0.3 | Rs. 0.06 | -80 % | + 185.71 % |
In reviewing Nila Spaces Ltd’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -76.66 % year-on-year, although there was a slight dip of -44.73 % from the previous quarter. Expenses rose by 545.37 % compared to the previous year, with a decrease of -48.23 % quarter-on-quarter. Operating Profit surged by 242.2 % annually, and saw a -20.25 % decrease from the last quarter.
Net Profit showed yearly increase of 178.7 %, and experienced a -81.26 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 185.71 % annually, however dipped by -80 % compared to the last quarter. In essence, while Nila Spaces Ltd exhibits strong annual growth indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.