Highlights
- Sales over the Year and quarter:
- 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 200%Marginal increase in other income during this quarter, up by 100%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Ontic Finserve Limited. Profit dropped by -77.71% Year to YearOntic Finserve Limited’s profitability dropped by -95.93% Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -100.02% Year to Year.EPS decreased by -96.55%. Analysis needed for shareholder value.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. -28.656 Cr | Rs. 0.05 Cr | Rs. 0.204 Cr | + 308% | + 100.07% |
| Expenses | Rs. 28.27 Cr | Rs. 2.67 Cr | Rs. 0.19 Cr | -92.88% | -99.33% |
| Operating Profit | Rs. -56.93 Cr | Rs. -2.62 Cr | Rs. 0.01 Cr | + 100.38% | + 100.02% |
| OPM % | 198.67 % | -5240 % | 4.9 % | + 5244.9% | -193.77% |
| Other Income | Rs. -0.08 Cr | Rs. 0.04 Cr | Rs. 0.08 Cr | + 100% | + 200% |
| Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0% | 0% |
| Depreciation | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | + 0% | + 0% |
| Profit before tax | Rs. -57.01 Cr | Rs. -2.58 Cr | Rs. 0.09 Cr | + 103.49% | + 100.16% |
| Tax % | -3.45 % | -0 % | -0 % | 0% | 0% |
| Net Profit | Rs. -0.48 Cr | Rs. -2.63 Cr | Rs. -0.11 Cr | + 95.82% | + 77.08% |
| EPS in Rs | Rs. 63.35 | Rs. -0.29 | Rs. -0.01 | + 96.55% | -100.02% |
Today, we’re looking at Ontic Finserve 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 100.07%. However, it did see a marginal increase of 308% from the previous quarter.Expenses decreased slightly by -92.88% quarter-on-quarter, aligning with the annual decline of -99.33%. Operating profit, while up 100.02% compared to last year, faced a quarter-on-quarter increase of 100.38%, 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 -193.77%, but an expansion of 5244.9% sequentially. Other income rose by 100% compared to the last quarter,despite an annual growth of 200%. Depreciation costs climbed by 47.62% quarter-on-quarter, whereas on an annual scale, they saw an increase of 106.67%. Profit before tax grew annually by 100.16% but saw an increase from the preceding quarter by 103.49%.
Tax expenses as a percentage of profits decreased slightly by -20.86% compared to last year, Net profit rose by 77.08% year-on-year but experienced a 95.82% expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -100.02% but a quarterly rise of 96.55%. In summary, Ontic Finserve 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. -28.656 Cr | Rs. 0.05 Cr | Rs. 0.204 Cr | + 308% | + 100.07% |
| Expenses | Rs. 28.27 Cr | Rs. 2.67 Cr | Rs. 0.19 Cr | -92.88% | -99.33% |
| Operating Profit | Rs. -56.93 Cr | Rs. -2.62 Cr | Rs. 0.01 Cr | + 100.38% | + 100.02% |
| Net Profit | Rs. -0.48 Cr | Rs. -2.63 Cr | Rs. -0.11 Cr | + 95.82% | + 77.08% |
| EPS in Rs | Rs. 63.35 | Rs. -0.29 | Rs. -0.01 | + 96.55% | -100.02% |
In reviewing Ontic Finserve Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 13.62% year-on-year growth, however, there was a minor increase of 308% from the previous quarter. Expenses decreased by -99.33% compared to the previous year, with a decrease of -92.88% quarter-on-quarter. Operating Profit surged by 100.02% annually, and saw a 100.38% increase from the last quarter.
Net Profit showed yearly increase of 77.08%, and experienced a 95.82% increase from the previous quarter. Earnings Per Share (EPS) fell by -100.02% annually, however rose by 96.55% compared to the last quarter. In essence, while Ontic Finserve 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.
