Share the post "Ras Resorts & Apart Hotels ., : Q4 2024 Quarterly Earnings: YoY Sales Up 7.22 %, QoQ Up 19.44 %"
Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 7.22 % in the past year, substantial increase in net sales/revenue by 19.44 %.
- Income over the Year and quarter:
- Profit over the Year and quarter: Significant improvement in profitability for Ras Resorts & Apart Hotels Ltd.,. Notable increase of 55.05 % in net profit Year to Year, Ras Resorts & Apart Hotels Ltd.,’s profitability dropped by -249.12 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 212.20 % Year to Year. EPS decreased by -397.67 % 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. 3.644 Cr | Rs. 3.271 Cr | Rs. 3.907 Cr | + 19.44 % | + 7.22 % |
| Expenses | Rs. 2.61 Cr | Rs. 3.14 Cr | Rs. 3.27 Cr | + 4.14 % | + 25.29 % |
| Operating Profit | Rs. 1.03 Cr | Rs. 0.13 Cr | Rs. 0.64 Cr | + 392.31 % | -37.86 % |
| OPM % | 28.27 % | 3.97 % | 16.38 % | + 12.41 % | -11.89 % |
| Other Income | Rs. 0.08 Cr | Rs. 0.05 Cr | Rs. 0 Cr | + 0 % | + 0 % |
| Interest | Rs. 0.19 Cr | Rs. 0.16 Cr | Rs. 0.1 Cr | -37.5 % | -47.37 % |
| Depreciation | Rs. 0.12 Cr | Rs. 0.12 Cr | Rs. 0.19 Cr | + 58.33 % | + 58.33 % |
| Profit before tax | Rs. 0.8 Cr | Rs. -0.1 Cr | Rs. 0.35 Cr | + 450 % | -56.25 % |
| Tax % | 58.68 % | -217.76 % | 46.53 % | + 264.29 % | -12.15 % |
| Net Profit | Rs. 0.33 Cr | Rs. -0.34 Cr | Rs. 0.51 Cr | + 250 % | + 54.55 % |
| EPS in Rs | Rs. 0.82 | Rs. -0.86 | Rs. 2.56 | + 397.67 % | + 212.2 % |
Today, we’re looking at Ras Resorts & Apart Hotels Ltd.,’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 7.22 %. However, it did see a marginal increase of 19.44 % from the previous quarter. Expenses ticked up slightly by 4.14 % quarter-on-quarter, aligning with the annual rise of 25.29 %. Operating profit, while down -37.86 % compared to last year, faced a quarter-on-quarter increase of 392.31 %, 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 -11.89 %, but an expansion of 12.41 % sequentially. Other income rose by 1884.62 % compared to the last quarter, despite an annual growth of 1333.33 %. Interest expenses dropped significantly by -37.5 % from the previous quarter, yet the year-over-year decrease remains at a moderate -47.37 %. Depreciation costs climbed by 58.33 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 58.33 %. Profit before tax declined annually by -56.25 % but saw an increase from the preceding quarter by 450 %.
Tax expenses as a percentage of profits decreased slightly by -12.15 % compared to last year, with a more notable quarter-on-quarter increase of 264.29 %. Net profit rose by 54.55 % year-on-year but experienced a 250 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 212.2 % but a quarterly rise of 397.67 %. In summary, Ras Resorts & Apart 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. 3.644 Cr | Rs. 3.271 Cr | Rs. 3.907 Cr | + 19.44 % | + 7.22 % |
| Expenses | Rs. 2.61 Cr | Rs. 3.14 Cr | Rs. 3.27 Cr | + 4.14 % | + 25.29 % |
| Operating Profit | Rs. 1.03 Cr | Rs. 0.13 Cr | Rs. 0.64 Cr | + 392.31 % | -37.86 % |
| Net Profit | Rs. 0.33 Cr | Rs. -0.34 Cr | Rs. 0.51 Cr | + 250 % | + 54.55 % |
| EPS in Rs | Rs. 0.82 | Rs. -0.86 | Rs. 2.56 | + 397.67 % | + 212.2 % |
In reviewing Ras Resorts & Apart Hotels Ltd.,’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 7.22 % year-on-year growth, however, there was a minor increase of 19.44 % from the previous quarter. Expenses rose by 25.29 % compared to the previous year, with a 4.14 % increase quarter-on-quarter. Operating Profit dropped by -37.86 % annually, and saw a 392.31 % increase from the last quarter.
Net Profit showed yearly increase of 54.55 %, and experienced a 250 % increase from the previous quarter. Earnings Per Share (EPS) rose by 212.2 % annually, however rose by 397.67 % compared to the last quarter. In essence, while Ras Resorts & Apart Hotels Ltd., 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.
