Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 13.25% in the past year Decrease in net sales/revenue by -15.45%
- 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 50.98%Marginal increase in other income during this quarter, up by 929.46%.
- Profit over the Year and quarter: Significant improvement in profitability for Shoppers Stop Ltd. Notable increase of 62.55% in net profit Year to YearShoppers Stop Ltd’s profitability dropped by -37.10% Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 62.31% Year to Year.EPS decreased by -37.20%. Analysis needed for shareholder value.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 923.9 Cr | Rs. 1237.52 Cr | Rs. 1046.34 Cr | -15.45% | + 13.25% |
| Expenses | Rs. 769.17 Cr | Rs. 1020.03 Cr | Rs. 879.65 Cr | -13.76% | + 14.36% |
| Operating Profit | Rs. 154.73 Cr | Rs. 217.49 Cr | Rs. 166.69 Cr | -23.36% | + 7.73% |
| OPM % | 16.75 % | 17.57 % | 15.93 % | -1.64% | -0.82% |
| Other Income | Rs. 22.91 Cr | Rs. 3.36 Cr | Rs. 34.59 Cr | + 929.46% | + 50.98% |
| Interest | Rs. 55.13 Cr | Rs. 58.61 Cr | Rs. 57.6 Cr | -1.72% | + 4.48% |
| Depreciation | Rs. 104.48 Cr | Rs. 111.32 Cr | Rs. 112.03 Cr | + 0.64% | + 7.23% |
| Profit before tax | Rs. 18.03 Cr | Rs. 50.92 Cr | Rs. 31.65 Cr | -37.84% | + 75.54% |
| Tax % | 20.91 % | 27.63 % | 22.89 % | -4.74% | + 1.98% |
| Net Profit | Rs. 14.26 Cr | Rs. 36.85 Cr | Rs. 23.18 Cr | -37.1% | + 62.55% |
| EPS in Rs | Rs. 1.3 | Rs. 3.36 | Rs. 2.11 | -37.2% | + 62.31% |
Today, we’re looking at Shoppers Stop 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 13.25%. However, it did see a marginal slip of -15.45% from the previous quarter.Expenses decreased slightly by -13.76% quarter-on-quarter, aligning with the annual rise of 14.36%. Operating profit, while up 7.73% compared to last year, faced a quarter-on-quarter dip of -23.36%, 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 -0.82%, but a shrinkage of -1.64% sequentially. Other income rose by 929.46% compared to the last quarter,despite an annual growth of 50.98%. Interest expenses dropped significantly by -1.72% from the previous quarter, yet the year-over-year increase remains at a moderate 4.48%. Depreciation costs climbed by 0.64% quarter-on-quarter, whereas on an annual scale, they saw an increase of 7.23%. Profit before tax grew annually by 75.54% but saw a reduction from the preceding quarter by -37.84%.
Tax expenses as a percentage of profits increased slightly by 1.98% compared to last year, with a more notable quarter-on-quarter decrease of -4.74%. Net profit rose by 62.55% year-on-year but witnessed a -37.1% contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 62.31% but a quarterly fall of -37.2%. In summary, Shoppers Stop 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. 923.9 Cr | Rs. 1237.52 Cr | Rs. 1046.34 Cr | -15.45% | + 13.25% |
| Expenses | Rs. 769.17 Cr | Rs. 1020.03 Cr | Rs. 879.65 Cr | -13.76% | + 14.36% |
| Operating Profit | Rs. 154.73 Cr | Rs. 217.49 Cr | Rs. 166.69 Cr | -23.36% | + 7.73% |
| Net Profit | Rs. 14.26 Cr | Rs. 36.85 Cr | Rs. 23.18 Cr | -37.1% | + 62.55% |
| EPS in Rs | Rs. 1.3 | Rs. 3.36 | Rs. 2.11 | -37.2% | + 62.31% |
In reviewing Shoppers Stop Ltd’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 13.25 % year-on-year growth, although there was a slight dip of -15.45% from the previous quarter.Expenses rose by 14.36% compared to the previous year, with a decrease of -13.76% quarter-on-quarter. Operating Profit surged by 7.73% annually, and saw a -23.36% decrease from the last quarter.
Net Profit showed yearly increase of 62.55%, and experienced a -37.1% decrease from the previous quarter.Earnings Per Share (EPS) rose by 62.31% annually, however dipped by -37.2% compared to the last quarter. In essence, while Shoppers Stop 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.
