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Highlights
- Sales over the Year and quarter: The company’s sales declined by -3.52% over the yearSubstantial increase in net sales/revenue by 5.31%.
- Income over the Year and quarter: There has been decline in other income over the past year which is -11.06% Marginal increase in other income during this quarter, up by 1.6%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Oriental Hotels Ltd.,. Profit dropped by -6.80% Year to YearOriental Hotels Ltd.,’s profitability increased by 4.15% in this quarter.
- EPS over the Year and quarter: EPS declined by -6.90% Year to Year.EPS increased by 3.85%. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 111.4 Cr | Rs. 102.06 Cr | Rs. 107.48 Cr | + 5.31% | -3.52% |
Expenses | Rs. 79.43 Cr | Rs. 73.53 Cr | Rs. 80.69 Cr | + 9.74% | + 1.59% |
Operating Profit | Rs. 31.97 Cr | Rs. 28.53 Cr | Rs. 26.79 Cr | -6.1% | -16.2% |
OPM % | 28.7 % | 27.95 % | 24.93 % | -3.02% | -3.77% |
Other Income | Rs. 7.14 Cr | Rs. 6.25 Cr | Rs. 6.35 Cr | + 1.6% | -11.06% |
Interest | Rs. 4.75 Cr | Rs. 4.77 Cr | Rs. 3.1 Cr | -35.01% | -34.74% |
Depreciation | Rs. 5.79 Cr | Rs. 6.03 Cr | Rs. 6.22 Cr | + 3.15% | + 7.43% |
Profit before tax | Rs. 28.57 Cr | Rs. 23.98 Cr | Rs. 23.82 Cr | -0.67% | -16.63% |
Tax % | 30.3 % | 24.3 % | 21.39 % | -2.91% | -8.91% |
Net Profit | Rs. 20.74 Cr | Rs. 18.56 Cr | Rs. 19.33 Cr | + 4.15% | -6.8% |
EPS in Rs | Rs. 1.16 | Rs. 1.04 | Rs. 1.08 | + 3.85% | -6.9% |
Today, we’re looking at Oriental Hotels 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 -3.52%. However, it did see a marginal increase of 5.31% from the previous quarter.Expenses ticked up slightly by 9.74% quarter-on-quarter, aligning with the annual rise of 1.59%. Operating profit, while down -16.2% compared to last year,faced a quarter-on-quarter dip of -6.1%, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -3.77%, but a shrinkage of -3.02% sequentially. Other income rose by 1.6% compared to the last quarter,despite an annual decline of -11.06%. Interest expenses dropped significantly by -35.01% from the previous quarter, yet the year-over-year decrease remains at a moderate -34.74%. Depreciation costs climbed by 3.15% quarter-on-quarter, whereas on an annual scale, they saw an increase of 7.43%. Profit before tax declined annually by -16.63%but saw a reduction from the preceding quarter by -0.67%.
Tax expenses as a percentage of profits decreased slightly by -8.91% compared to last year, with a more notable quarter-on-quarter decrease of -2.91%. Net profit fell by -6.8% year-on-yearbut experienced a 4.15% expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -6.9% but a quarterly rise of 3.85%. In summary, Oriental Hotels 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. 111.4 Cr | Rs. 102.06 Cr | Rs. 107.48 Cr | + 5.31% | -3.52% |
Expenses | Rs. 79.43 Cr | Rs. 73.53 Cr | Rs. 80.69 Cr | + 9.74% | + 1.59% |
Operating Profit | Rs. 31.97 Cr | Rs. 28.53 Cr | Rs. 26.79 Cr | -6.1% | -16.2% |
Net Profit | Rs. 20.74 Cr | Rs. 18.56 Cr | Rs. 19.33 Cr | + 4.15% | -6.8% |
EPS in Rs | Rs. 1.16 | Rs. 1.04 | Rs. 1.08 | + 3.85% | -6.9% |
In reviewing Oriental Hotels Ltd.,’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -3.52% year-on-year, however, there was a minor increase of 5.31% from the previous quarter. Expenses rose by 1.59% compared to the previous year, with a 9.74% increase quarter-on-quarter. Operating Profit dropped by -16.2% annually, and saw a -6.1% decrease from the last quarter.
Net Profit showed yearly decrease of -6.8%, and experienced a 4.15% increase from the previous quarter. Earnings Per Share (EPS) fell by -6.9% annually, however rose by 3.85% compared to the last quarter. In essence, while Oriental Hotels 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.