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Highlights
- The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 11.89 % in the past year, substantial increase in net sales/revenue by 3.88 %.
- 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 316.83 %. Marginal increase in other income during this quarter, up by 82.65%.
- Profit over the Year and quarter: Significant improvement in profitability for Repco Home Finance Limited. Notable increase of 17.91 % in net profit Year to Year, Repco Home Finance Limited’s profitability dropped by -1.03 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 26.33 % Year to Year. EPS decreased by -1.05 % 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. 364.48 Cr | Rs. 392.58 Cr | Rs. 407.83 Cr | + 3.88 % | + 11.89 % |
Expenses | Rs. 40.12 Cr | Rs. 32.69 Cr | Rs. 42.93 Cr | + 31.32 % | + 7 % |
Operating Profit | Rs. 324.36 Cr | Rs. 359.89 Cr | Rs. 364.9 Cr | + 1.39 % | + 12.5 % |
OPM % | 88.99 % | 91.67 % | 89.47 % | -2.2 % | + 0.48 % |
Other Income | Rs. 2.02 Cr | Rs. 4.61 Cr | Rs. 8.42 Cr | + 82.65 % | + 316.83 % |
Interest | Rs. 202.59 Cr | Rs. 220.26 Cr | Rs. 232.98 Cr | + 5.77 % | + 15 % |
Depreciation | Rs. 4.04 Cr | Rs. 5.57 Cr | Rs. 3.74 Cr | -32.85 % | -7.43 % |
Profit before tax | Rs. 119.75 Cr | Rs. 138.67 Cr | Rs. 136.6 Cr | -1.49 % | + 14.07 % |
Tax % | 25.6 % | 22.07 % | 22.81 % | + 0.74 % | -2.79 % |
Net Profit | Rs. 95.44 Cr | Rs. 113.71 Cr | Rs. 112.54 Cr | -1.03 % | + 17.92 % |
EPS in Rs | Rs. 14.24 | Rs. 18.18 | Rs. 17.99 | -1.05 % | + 26.33 % |
Today, we’re looking at Repco Home Finance Limited’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 11.89 %. However, it did see a marginal increase of 3.88 % from the previous quarter. Expenses ticked up slightly by 31.32 % quarter-on-quarter, aligning with the annual rise of 7 %. Operating profit, while up 12.5 % compared to last year, faced a quarter-on-quarter increase of 1.39 %, 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 0.48 %, but a shrinkage of -2.2 % sequentially. Other income rose by 82.65 % compared to the last quarter, despite an annual growth of 316.83 %. Interest expenses surged remarkably by 5.77 % from the previous quarter, yet the year-over-year increase remains at a moderate 15 %. Depreciation costs fell by -32.85 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -7.43 %. Profit before tax grew annually by 14.07 % but saw a reduction from the preceding quarter by -1.49 %.
Tax expenses as a percentage of profits decreased slightly by -2.79 % compared to last year, with a more notable quarter-on-quarter increase of 0.74 %. Net profit rose by 17.92 % year-on-year but witnessed a -1.03 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 26.33 % but a quarterly fall of -1.05 %. In summary, Repco Home Finance 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. 364.48 Cr | Rs. 392.58 Cr | Rs. 407.83 Cr | + 3.88 % | + 11.89 % |
Expenses | Rs. 40.12 Cr | Rs. 32.69 Cr | Rs. 42.93 Cr | + 31.32 % | + 7 % |
Operating Profit | Rs. 324.36 Cr | Rs. 359.89 Cr | Rs. 364.9 Cr | + 1.39 % | + 12.5 % |
Net Profit | Rs. 95.44 Cr | Rs. 113.71 Cr | Rs. 112.54 Cr | -1.03 % | + 17.92 % |
EPS in Rs | Rs. 14.24 | Rs. 18.18 | Rs. 17.99 | -1.05 % | + 26.33 % |
In reviewing Repco Home Finance Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 11.89 % year-on-year growth, however, there was a minor increase of 3.88 % from the previous quarter. Expenses rose by 7 % compared to the previous year, with a 31.32 % increase quarter-on-quarter. Operating Profit surged by 12.5 % annually, and saw a 1.39 % increase from the last quarter.
Net Profit showed yearly increase of 17.92 %, and experienced a -1.03 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 26.33 % annually, however dipped by -1.05 % compared to the last quarter. In essence, while Repco Home Finance Limited exhibits strong annual growth indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.