Share the post "SCOOBEE DAY GARMENTS (INDIA) : Q4 2024 Financial Quarterly Report : YoY Sales Down 46.04 %, QoQ Down 35.36 %"
Highlights
- Sales over the Year and quarter: The company’s sales declined by -46.04 % over the year, decrease in net sales/revenue by -35.36 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -66.23 %, Marginal increase in other income during this quarter, up by 333.33%.
- Profit over the Year and quarter: Challenges in sustaining profitability for SCOOBEE DAY GARMENTS (INDIA) LIMITED. Profit dropped by -117.88 % Year to Year, SCOOBEE DAY GARMENTS (INDIA) LIMITED’s profitability dropped by -154.05 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -117.80 % Year to Year. EPS decreased by -153.92 % 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. 13.982 Cr | Rs. 11.67 Cr | Rs. 7.544 Cr | -35.36 % | -46.04 % |
Expenses | Rs. 9.24 Cr | Rs. 9.06 Cr | Rs. 7.03 Cr | -22.41 % | -23.92 % |
Operating Profit | Rs. 4.74 Cr | Rs. 2.61 Cr | Rs. 0.51 Cr | -80.46 % | -89.24 % |
OPM % | 33.9 % | 22.37 % | 6.76 % | -15.61 % | -27.14 % |
Other Income | Rs. 0.77 Cr | Rs. 0.06 Cr | Rs. 0.26 Cr | + 333.33 % | -66.23 % |
Interest | Rs. 0.73 Cr | Rs. 0.66 Cr | Rs. 0.61 Cr | -7.58 % | -16.44 % |
Depreciation | Rs. 0.6 Cr | Rs. 0.63 Cr | Rs. 0.61 Cr | -3.17 % | + 1.67 % |
Profit before tax | Rs. 4.18 Cr | Rs. 1.38 Cr | Rs. -0.45 Cr | -132.61 % | -110.77 % |
Tax % | 0 % | 0 % | -70.16 % | -70.16 % | -70.16 % |
Net Profit | Rs. 4.18 Cr | Rs. 1.38 Cr | Rs. -0.75 Cr | -154.35 % | -117.94 % |
EPS in Rs | Rs. 3.09 | Rs. 1.02 | Rs. -0.55 | -153.92 % | -117.8 % |
Today, we’re looking at SCOOBEE DAY GARMENTS (INDIA) LIMITED’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -46.04 %. However, it did see a marginal slip of -35.36 % from the previous quarter. Expenses decreased slightly by -22.41 % quarter-on-quarter, aligning with the annual decline of -23.92 %. Operating profit, while down -89.24 % compared to last year, faced a quarter-on-quarter dip of -80.46 %, 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 -27.14 %, but a shrinkage of -15.61 % sequentially. Other income rose by 333.33 % compared to the last quarter, despite an annual decline of -66.23 %. Interest expenses dropped significantly by -7.58 % from the previous quarter, yet the year-over-year decrease remains at a moderate -16.44 %. Depreciation costs fell by -3.17 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 1.67 %. Profit before tax declined annually by -110.77 % but saw a reduction from the preceding quarter by -132.61 %.
Tax expenses as a percentage of profits decreased slightly by -70.16 % compared to last year, with a more notable quarter-on-quarter decrease of -70.16 %. Net profit fell by -117.94 % year-on-year but witnessed a -154.35 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -117.8 % but a quarterly fall of -153.92 %. In summary, SCOOBEE DAY GARMENTS (INDIA) 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. 13.982 Cr | Rs. 11.67 Cr | Rs. 7.544 Cr | -35.36 % | -46.04 % |
Expenses | Rs. 9.24 Cr | Rs. 9.06 Cr | Rs. 7.03 Cr | -22.41 % | -23.92 % |
Operating Profit | Rs. 4.74 Cr | Rs. 2.61 Cr | Rs. 0.51 Cr | -80.46 % | -89.24 % |
Net Profit | Rs. 4.18 Cr | Rs. 1.38 Cr | Rs. -0.75 Cr | -154.35 % | -117.94 % |
EPS in Rs | Rs. 3.09 | Rs. 1.02 | Rs. -0.55 | -153.92 % | -117.8 % |
In reviewing SCOOBEE DAY GARMENTS (INDIA) LIMITED’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -46.04 % year-on-year, although there was a slight dip of -35.36 % from the previous quarter. Expenses decreased by -23.92 % compared to the previous year, with a decrease of -22.41 % quarter-on-quarter. Operating Profit dropped by -89.24 % annually, and saw a -80.46 % decrease from the last quarter.
Net Profit showed yearly decrease of -117.94 %, and experienced a -154.35 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -117.8 % annually, however dipped by -153.92 % compared to the last quarter. In essence, while SCOOBEE DAY GARMENTS (INDIA) LIMITED 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.