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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 10.5 % in the past year, substantial increase in net sales/revenue by 5.34 %.
- 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 148.78 %. Marginal decrease of -0.49% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Sinclairs Hotels Ltd. Profit dropped by -73.26 % Year to Year, Sinclairs Hotels Ltd’s profitability dropped by -2.76 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -85.81 % Year to Year. EPS decreased by -0.95 % 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. 13.415 Cr | Rs. 14.072 Cr | Rs. 14.824 Cr | + 5.34 % | + 10.5 % |
Expenses | Rs. 7.93 Cr | Rs. 8.31 Cr | Rs. 9.15 Cr | + 10.11 % | + 15.38 % |
Operating Profit | Rs. 5.49 Cr | Rs. 5.76 Cr | Rs. 5.67 Cr | -1.56 % | + 3.28 % |
OPM % | 40.92 % | 40.93 % | 38.25 % | -2.68 % | -2.67 % |
Other Income | Rs. 0.82 Cr | Rs. 2.05 Cr | Rs. 2.04 Cr | -0.49 % | + 148.78 % |
Interest | Rs. 0.25 Cr | Rs. 0.26 Cr | Rs. 0.25 Cr | -3.85 % | + 0 % |
Depreciation | Rs. 1.35 Cr | Rs. 1.15 Cr | Rs. 1.07 Cr | -6.96 % | -20.74 % |
Profit before tax | Rs. 4.71 Cr | Rs. 6.4 Cr | Rs. 6.39 Cr | -0.16 % | + 35.67 % |
Tax % | 15.64 % | 14.47 % | 16.82 % | + 2.35 % | + 1.18 % |
Net Profit | Rs. 19.9 Cr | Rs. 5.47 Cr | Rs. 5.32 Cr | -2.74 % | -73.27 % |
EPS in Rs | Rs. 7.33 | Rs. 1.05 | Rs. 1.03 | -1.9 % | -85.95 % |
Today, we’re looking at Sinclairs Hotels 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 10.5 %. However, it did see a marginal increase of 5.34 % from the previous quarter. Expenses ticked up slightly by 10.11 % quarter-on-quarter, aligning with the annual rise of 15.38 %. Operating profit, while up 3.28 % compared to last year, faced a quarter-on-quarter dip of -1.56 %, 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 -2.67 %, but a shrinkage of -2.68 % sequentially. Other income fell by -0.49 % compared to the last quarter, despite an annual growth of 148.78 %. Interest expenses dropped significantly by -3.85 % from the previous quarter, yet the year-over-year increase remains at a moderate 0 %. Depreciation costs fell by -6.96 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -20.74 %. Profit before tax grew annually by 35.67 % but saw a reduction from the preceding quarter by -0.16 %.
Tax expenses as a percentage of profits increased slightly by 1.18 % compared to last year, with a more notable quarter-on-quarter increase of 2.35 %. Net profit fell by -73.27 % year-on-year but witnessed a -2.74 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -85.95 % but a quarterly fall of -1.9 %. In summary, Sinclairs Hotels 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. 13.415 Cr | Rs. 14.072 Cr | Rs. 14.824 Cr | + 5.34 % | + 10.5 % |
Expenses | Rs. 7.93 Cr | Rs. 8.31 Cr | Rs. 9.15 Cr | + 10.11 % | + 15.38 % |
Operating Profit | Rs. 5.49 Cr | Rs. 5.76 Cr | Rs. 5.67 Cr | -1.56 % | + 3.28 % |
Net Profit | Rs. 19.9 Cr | Rs. 5.47 Cr | Rs. 5.32 Cr | -2.74 % | -73.27 % |
EPS in Rs | Rs. 7.33 | Rs. 1.05 | Rs. 1.03 | -1.9 % | -85.95 % |
In reviewing Sinclairs Hotels Ltd’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 10.5 % year-on-year growth, however, there was a minor increase of 5.34 % from the previous quarter. Expenses rose by 15.38 % compared to the previous year, with a 10.11 % increase quarter-on-quarter. Operating Profit surged by 3.28 % annually, and saw a -1.56 % decrease from the last quarter.
Net Profit showed yearly decrease of -73.27 %, and experienced a -2.74 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -85.95 % annually, however dipped by -1.9 % compared to the last quarter. In essence, while Sinclairs Hotels 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.