Share the post "Sayaji Hotel announced Financial Results Q1 2024-25"
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 14.31 % in the past year, decrease in net sales/revenue by -17.18 %.
- 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 4.94 %. Marginal decrease of -51.05% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Sayaji Hotel Ltd. Profit dropped by -16.27 % Year to Year, Sayaji Hotel Ltd’s profitability dropped by -84.2 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 4.35 % Year to Year. EPS decreased by -84.25 % 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. 24.459 Cr | Rs. 33.756 Cr | Rs. 27.958 Cr | -17.18 % | + 14.31 % |
Expenses | Rs. 17.96 Cr | Rs. 21.59 Cr | Rs. 21.23 Cr | -1.67 % | + 18.21 % |
Operating Profit | Rs. 6.5 Cr | Rs. 12.17 Cr | Rs. 6.73 Cr | -44.7 % | + 3.54 % |
OPM % | 26.58 % | 36.05 % | 24.07 % | -11.98 % | -2.51 % |
Other Income | Rs. 0.891 Cr | Rs. 1.91 Cr | Rs. 0.935 Cr | -51.05 % | + 4.94 % |
Interest | Rs. 2.07 Cr | Rs. 1.82 Cr | Rs. 1.84 Cr | + 1.1 % | -11.11 % |
Depreciation | Rs. 2.83 Cr | Rs. 3.02 Cr | Rs. 3.3 Cr | + 9.27 % | + 16.61 % |
Profit before tax | Rs. 2.49 Cr | Rs. 9.24 Cr | Rs. 2.53 Cr | -72.62 % | + 1.61 % |
Tax % | 29.49 % | 12.83 % | 31.7 % | + 18.87 % | + 2.21 % |
Net Profit | Rs. 1.51 Cr | Rs. 8.01 Cr | Rs. 1.27 Cr | -84.14 % | -15.89 % |
EPS in Rs | Rs. 0.69 | Rs. 4.57 | Rs. 0.72 | -84.25 % | + 4.35 % |
Today, we’re looking at Sayaji Hotel Ltd’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 14.31 %. However, it did see a marginal slip of -17.18 % from the previous quarter. Expenses decreased slightly by -1.67 % quarter-on-quarter, aligning with the annual rise of 18.21 %. Operating profit, while up 3.54 % compared to last year, faced a quarter-on-quarter dip of -44.7 %, 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 -2.51 %, but a shrinkage of -11.98 % sequentially. Other income fell by -51.05 % compared to the last quarter, despite an annual growth of 4.94 %. Interest expenses surged remarkably by 1.1 % from the previous quarter, yet the year-over-year decrease remains at a moderate -11.11 %. Depreciation costs climbed by 9.27 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 16.61 %. Profit before tax grew annually by 1.61 % but saw a reduction from the preceding quarter by -72.62 %.
Tax expenses as a percentage of profits increased slightly by 2.21 % compared to last year, with a more notable quarter-on-quarter increase of 18.87 %. Net profit fell by -15.89 % year-on-year but witnessed a -84.14 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 4.35 % but a quarterly fall of -84.25 %. In summary, Sayaji Hotel 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. 24.459 Cr | Rs. 33.756 Cr | Rs. 27.958 Cr | -17.18 % | + 14.31 % |
Expenses | Rs. 17.96 Cr | Rs. 21.59 Cr | Rs. 21.23 Cr | -1.67 % | + 18.21 % |
Operating Profit | Rs. 6.5 Cr | Rs. 12.17 Cr | Rs. 6.73 Cr | -44.7 % | + 3.54 % |
Net Profit | Rs. 1.51 Cr | Rs. 8.01 Cr | Rs. 1.27 Cr | -84.14 % | -15.89 % |
EPS in Rs | Rs. 0.69 | Rs. 4.57 | Rs. 0.72 | -84.25 % | + 4.35 % |
In reviewing Sayaji Hotel Ltd’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 14.31 % year-on-year growth, although there was a slight dip of -17.18 % from the previous quarter. Expenses rose by 18.21 % compared to the previous year, with a decrease of -1.67 % quarter-on-quarter. Operating Profit surged by 3.54 % annually, and saw a -44.7 % decrease from the last quarter.
Net Profit showed yearly decrease of -15.89 %, and experienced a -84.14 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 4.35 % annually, however dipped by -84.25 % compared to the last quarter. In essence, while Sayaji Hotel Ltd 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.
[my_shortcode1 values=”Sayaji Hotel “]