Share the post "OBEROI REALTY Q4 2024 Quarterly Earnings: YoY Sales Up 36.75 %, QoQ Up 24.78 %"
Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 36.75 % in the past year, substantial increase in net sales/revenue by 24.78 %.
- 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 162.99 %. Marginal increase in other income during this quarter, up by 685.38%.
- Profit over the Year and quarter: Significant improvement in profitability for OBEROI REALTY LIMITED. Notable increase of 64.07 % in net profit Year to Year, OBEROI REALTY LIMITED’s profitability increased by 118.81 % in this quarter.
- EPS over the Year and quarter: EPS increased by 64.04 % Year to Year. EPS increased by 118.67 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 961.43 Cr | Rs. 1053.64 Cr | Rs. 1314.77 Cr | + 24.78 % | + 36.75 % |
| Expenses | Rs. 592.73 Cr | Rs. 544.28 Cr | Rs. 519.96 Cr | -4.47 % | -12.28 % |
| Operating Profit | Rs. 368.7 Cr | Rs. 509.36 Cr | Rs. 794.81 Cr | + 56.04 % | + 115.57 % |
| OPM % | 38.35 % | 48.34 % | 60.45 % | + 12.11 % | + 22.1 % |
| Other Income | Rs. 93.77 Cr | Rs. 31.4 Cr | Rs. 246.61 Cr | + 685.38 % | + 162.99 % |
| Interest | Rs. 62.05 Cr | Rs. 50.06 Cr | Rs. 13.54 Cr | -72.95 % | -78.18 % |
| Depreciation | Rs. 9.74 Cr | Rs. 11.37 Cr | Rs. 56.6 Cr | + 397.8 % | + 481.11 % |
| Profit before tax | Rs. 390.68 Cr | Rs. 479.33 Cr | Rs. 971.28 Cr | + 102.63 % | + 148.61 % |
| Tax % | 27.11 % | 24.98 % | 18.92 % | -6.06 % | -8.19 % |
| Net Profit | Rs. 480.29 Cr | Rs. 360.15 Cr | Rs. 788.03 Cr | + 118.81 % | + 64.07 % |
| EPS in Rs | Rs. 13.21 | Rs. 9.91 | Rs. 21.67 | + 118.67 % | + 64.04 % |
Today, we’re looking at OBEROI REALTY 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 36.75 %. However, it did see a marginal increase of 24.78 % from the previous quarter. Expenses decreased slightly by -4.47 % quarter-on-quarter, aligning with the annual decline of -12.28 %. Operating profit, while up 115.57 % compared to last year, faced a quarter-on-quarter increase of 56.04 %, 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 22.1 %, but an expansion of 12.11 % sequentially. Other income rose by 685.38 % compared to the last quarter, despite an annual growth of 162.99 %. Interest expenses dropped significantly by -72.95 % from the previous quarter, yet the year-over-year decrease remains at a moderate -78.18 %. Depreciation costs climbed by 397.8 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 481.11 %. Profit before tax grew annually by 148.61 % but saw an increase from the preceding quarter by 102.63 %.
Tax expenses as a percentage of profits decreased slightly by -8.19 % compared to last year, with a more notable quarter-on-quarter decrease of -6.06 %. Net profit rose by 64.07 % year-on-year but experienced a 118.81 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 64.04 % but a quarterly rise of 118.67 %. In summary, OBEROI REALTY 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. 961.43 Cr | Rs. 1053.64 Cr | Rs. 1314.77 Cr | + 24.78 % | + 36.75 % |
| Expenses | Rs. 592.73 Cr | Rs. 544.28 Cr | Rs. 519.96 Cr | -4.47 % | -12.28 % |
| Operating Profit | Rs. 368.7 Cr | Rs. 509.36 Cr | Rs. 794.81 Cr | + 56.04 % | + 115.57 % |
| Net Profit | Rs. 480.29 Cr | Rs. 360.15 Cr | Rs. 788.03 Cr | + 118.81 % | + 64.07 % |
| EPS in Rs | Rs. 13.21 | Rs. 9.91 | Rs. 21.67 | + 118.67 % | + 64.04 % |
In reviewing OBEROI REALTY LIMITED’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 36.75 % year-on-year growth, however, there was a minor increase of 24.78 % from the previous quarter. Expenses decreased by -12.28 % compared to the previous year, with a decrease of -4.47 % quarter-on-quarter. Operating Profit surged by 115.57 % annually, and saw a 56.04 % increase from the last quarter.
Net Profit showed yearly increase of 64.07 %, and experienced a 118.81 % increase from the previous quarter. Earnings Per Share (EPS) rose by 64.04 % annually, however rose by 118.67 % compared to the last quarter. In essence, while OBEROI REALTY 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.
