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NIVAKA FASHIONS : Q4 2024 Financial Quarterly Report : YoY Sales Down 10.4 %, QoQ Up 416.84 %

July 4, 2024July 4, 2024| adminadmin| 0 Comments| 11:30 am
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Highlights

  • Sales over the Year and quarter: The company’s sales declined by -10.4 % over the year, substantial increase in net sales/revenue by 416.84 %.
  • Income over the Year and quarter: There has been decline in other income over the past year which is -39.66 %, Marginal increase in other income during this quarter, up by 600%.
  • Profit over the Year and quarter: Challenges in sustaining profitability for NIVAKA FASHIONS LIMITED. Profit dropped by -102.56 % Year to Year, NIVAKA FASHIONS LIMITED’s profitability dropped by -98.37 % Quarter to Quarter.
  • EPS over the Year and quarter:

The comprehensive analytics outlining the performance and outlook of NIVAKA FASHIONS LIMITED”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. 0.548 Cr Rs. 0.095 Cr Rs. 0.491 Cr + 416.84 % -10.4 %
Expenses Rs. 0.86 Cr Rs. 0.37 Cr Rs. 0.42 Cr + 13.51 % -51.16 %
Operating Profit Rs. -0.31 Cr Rs. -0.28 Cr Rs. 0.07 Cr + 125 % + 122.58 %
OPM % -56.57 % -294.74 % 14.26 % + 309 % + 70.83 %
Other Income Rs. 0.58 Cr Rs. 0.05 Cr Rs. 0.35 Cr + 600 % -39.66 %
Interest Rs. 0 Cr Rs. 0.05 Cr Rs. 0.05 Cr + 0 % 0 %
Depreciation Rs. 0.03 Cr Rs. 0.04 Cr Rs. 0.45 Cr + 1025 % + 1400 %
Profit before tax Rs. 0.24 Cr Rs. -0.32 Cr Rs. -0.08 Cr + 75 % -133.33 %
Tax % 15.58 % -0 % -92.54 % -92.54 % -108.12 %
Net Profit Rs. 0.2 Cr Rs. -0.31 Cr Rs. -0.01 Cr + 96.77 % -105 %
EPS in Rs Rs. 0.02 Rs. 0 Rs. 0 0 % 0 %


Today, we’re looking at NIVAKA FASHIONS LIMITED’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -10.4 %. However, it did see a marginal increase of 416.84 % from the previous quarter. Expenses ticked up slightly by 13.51 % quarter-on-quarter, aligning with the annual decline of -51.16 %. Operating profit, while up 122.58 % compared to last year, faced a quarter-on-quarter increase of 125 %, 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 70.83 %, but an expansion of 309 % sequentially. Other income rose by 600 % compared to the last quarter, despite an annual decline of -39.66 %. Interest expenses surged remarkably by 0 % from the previous quarter, Depreciation costs climbed by 1025 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 1400 %. Profit before tax declined annually by -133.33 % but saw an increase from the preceding quarter by 75 %.
Tax expenses as a percentage of profits decreased slightly by -108.12 % compared to last year, with a more notable quarter-on-quarter decrease of -92.54 %. Net profit fell by -105 % year-on-year but experienced a 96.77 % expansion from the last quarter. In summary, NIVAKA FASHIONS 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. 0.548 Cr Rs. 0.095 Cr Rs. 0.491 Cr + 416.84 % -10.4 %
Expenses Rs. 0.86 Cr Rs. 0.37 Cr Rs. 0.42 Cr + 13.51 % -51.16 %
Operating Profit Rs. -0.31 Cr Rs. -0.28 Cr Rs. 0.07 Cr + 125 % + 122.58 %
Net Profit Rs. 0.2 Cr Rs. -0.31 Cr Rs. -0.01 Cr + 96.77 % -105 %
EPS in Rs Rs. 0.02 Rs. 0 Rs. 0 0 % 0 %


In reviewing NIVAKA FASHIONS LIMITED’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -10.4 % year-on-year, however, there was a minor increase of 416.84 % from the previous quarter. Expenses decreased by -51.16 % compared to the previous year, with a 13.51 % increase quarter-on-quarter. Operating Profit surged by 122.58 % annually, and saw a 125 % increase from the last quarter.
Net Profit showed yearly decrease of -105 %, and experienced a 96.77 % increase from the previous quarter. In essence, while NIVAKA FASHIONS LIMITED 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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