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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 31.22 % in the past year, decrease in net sales/revenue by -10.48 %.
- 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 259.91 %. Marginal decrease of -51.71% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Samhi Hotels Limited. Profit dropped by -105.07 % Year to Year, Samhi Hotels Limited’s profitability dropped by -62.51 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -101.94 % Year to Year. EPS decreased by -63.46 % 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. 190.44 Cr | Rs. 279.163 Cr | Rs. 249.893 Cr | -10.48 % | + 31.22 % |
| Expenses | Rs. 145.1 Cr | Rs. 193.72 Cr | Rs. 167.83 Cr | -13.36 % | + 15.67 % |
| Operating Profit | Rs. 45.34 Cr | Rs. 85.44 Cr | Rs. 82.06 Cr | -3.96 % | + 80.99 % |
| OPM % | 23.81 % | 30.61 % | 32.84 % | + 2.23 % | + 9.03 % |
| Other Income | Rs. 1.923 Cr | Rs. 14.333 Cr | Rs. 6.921 Cr | -51.71 % | + 259.91 % |
| Interest | Rs. 107.74 Cr | Rs. 57.65 Cr | Rs. 55.57 Cr | -3.61 % | -48.42 % |
| Depreciation | Rs. 23.01 Cr | Rs. 31.54 Cr | Rs. 29.93 Cr | -5.1 % | + 30.07 % |
| Profit before tax | Rs. -83.49 Cr | Rs. 10.58 Cr | Rs. 3.48 Cr | -67.11 % | + 104.17 % |
| Tax % | -0.01 % | 6.67 % | 21.53 % | + 14.86 % | + 21.54 % |
| Net Profit | Rs. -83.49 Cr | Rs. 11.29 Cr | Rs. 4.23 Cr | -62.53 % | + 105.07 % |
| EPS in Rs | Rs. -9.78 | Rs. 0.52 | Rs. 0.19 | -63.46 % | + 101.94 % |
Today, we’re looking at Samhi Hotels 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 31.22 %. However, it did see a marginal slip of -10.48 % from the previous quarter. Expenses decreased slightly by -13.36 % quarter-on-quarter, aligning with the annual rise of 15.67 %. Operating profit, while up 80.99 % compared to last year, faced a quarter-on-quarter dip of -3.96 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 9.03 %, but an expansion of 2.23 % sequentially. Other income fell by -51.71 % compared to the last quarter, despite an annual growth of 259.91 %. Interest expenses dropped significantly by -3.61 % from the previous quarter, yet the year-over-year decrease remains at a moderate -48.42 %. Depreciation costs fell by -5.1 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 30.07 %. Profit before tax grew annually by 104.17 % but saw a reduction from the preceding quarter by -67.11 %.
Tax expenses as a percentage of profits increased slightly by 21.54 % compared to last year, with a more notable quarter-on-quarter increase of 14.86 %. Net profit rose by 105.07 % year-on-year but witnessed a -62.53 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 101.94 % but a quarterly fall of -63.46 %. In summary, Samhi Hotels 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. 190.44 Cr | Rs. 279.163 Cr | Rs. 249.893 Cr | -10.48 % | + 31.22 % |
| Expenses | Rs. 145.1 Cr | Rs. 193.72 Cr | Rs. 167.83 Cr | -13.36 % | + 15.67 % |
| Operating Profit | Rs. 45.34 Cr | Rs. 85.44 Cr | Rs. 82.06 Cr | -3.96 % | + 80.99 % |
| Net Profit | Rs. -83.49 Cr | Rs. 11.29 Cr | Rs. 4.23 Cr | -62.53 % | + 105.07 % |
| EPS in Rs | Rs. -9.78 | Rs. 0.52 | Rs. 0.19 | -63.46 % | + 101.94 % |
In reviewing Samhi Hotels Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 31.22 % year-on-year growth, although there was a slight dip of -10.48 % from the previous quarter. Expenses rose by 15.67 % compared to the previous year, with a decrease of -13.36 % quarter-on-quarter. Operating Profit surged by 80.99 % annually, and saw a -3.96 % decrease from the last quarter.
Net Profit showed yearly increase of 105.07 %, and experienced a -62.53 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 101.94 % annually, however dipped by -63.46 % compared to the last quarter. In essence, while Samhi Hotels 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.
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