Share the post "Speciality Restaurants : Q4 2024 Financial Quarterly Report: YoY Sales Up 9.92 %, QoQ Down 17.06 %"
Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 9.92 % in the past year, decrease in net sales/revenue by -17.06 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -55.03 %, Marginal decrease of -28.51% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Speciality Restaurants Limited. Profit dropped by -93.89 % Year to Year, Speciality Restaurants Limited’s profitability dropped by -76.15 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -94.57 % Year to Year. EPS decreased by -77.78 % 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. 87.51 Cr | Rs. 115.98 Cr | Rs. 96.19 Cr | -17.06 % | + 9.92 % |
| Expenses | Rs. 73.84 Cr | Rs. 92.45 Cr | Rs. 82.29 Cr | -10.99 % | + 11.44 % |
| Operating Profit | Rs. 13.67 Cr | Rs. 23.53 Cr | Rs. 13.9 Cr | -40.93 % | + 1.68 % |
| OPM % | 15.62 % | 20.29 % | 14.45 % | -5.84 % | -1.17 % |
| Other Income | Rs. 10.54 Cr | Rs. 6.63 Cr | Rs. 4.74 Cr | -28.51 % | -55.03 % |
| Interest | Rs. 3.52 Cr | Rs. 3.81 Cr | Rs. 3.4 Cr | -10.76 % | -3.41 % |
| Depreciation | Rs. 8.81 Cr | Rs. 10.78 Cr | Rs. 11.36 Cr | + 5.38 % | + 28.94 % |
| Profit before tax | Rs. 11.88 Cr | Rs. 15.57 Cr | Rs. 3.88 Cr | -75.08 % | -67.34 % |
| Tax % | 173.29 % | 8.99 % | 12.95 % | + 3.96 % | -160.34 % |
| Net Profit | Rs. 55.31 Cr | Rs. 14.17 Cr | Rs. 3.38 Cr | -76.15 % | -93.89 % |
| EPS in Rs | Rs. 11.71 | Rs. 2.8 | Rs. 0.63 | -77.5 % | -94.62 % |
Today, we’re looking at Speciality Restaurants Limited’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 9.92 %. However, it did see a marginal slip of -17.06 % from the previous quarter. Expenses decreased slightly by -10.99 % quarter-on-quarter, aligning with the annual rise of 11.44 %. Operating profit, while up 1.68 % compared to last year, faced a quarter-on-quarter dip of -40.93 %, 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 -1.17 %, but a shrinkage of -5.84 % sequentially. Other income fell by -28.51 % compared to the last quarter, despite an annual decline of -55.03 %. Interest expenses dropped significantly by -10.76 % from the previous quarter, yet the year-over-year decrease remains at a moderate -3.41 %. Depreciation costs climbed by 5.38 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 28.94 %. Profit before tax declined annually by -67.34 % but saw a reduction from the preceding quarter by -75.08 %.
Tax expenses as a percentage of profits decreased slightly by -160.34 % compared to last year, with a more notable quarter-on-quarter increase of 3.96 %. Net profit fell by -93.89 % year-on-year but witnessed a -76.15 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -94.62 % but a quarterly fall of -77.5 %. In summary, Speciality Restaurants 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. 87.51 Cr | Rs. 115.98 Cr | Rs. 96.19 Cr | -17.06 % | + 9.92 % |
| Expenses | Rs. 73.84 Cr | Rs. 92.45 Cr | Rs. 82.29 Cr | -10.99 % | + 11.44 % |
| Operating Profit | Rs. 13.67 Cr | Rs. 23.53 Cr | Rs. 13.9 Cr | -40.93 % | + 1.68 % |
| Net Profit | Rs. 55.31 Cr | Rs. 14.17 Cr | Rs. 3.38 Cr | -76.15 % | -93.89 % |
| EPS in Rs | Rs. 11.71 | Rs. 2.8 | Rs. 0.63 | -77.5 % | -94.62 % |
In reviewing Speciality Restaurants Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 9.92 % year-on-year growth, although there was a slight dip of -17.06 % from the previous quarter. Expenses rose by 11.44 % compared to the previous year, with a decrease of -10.99 % quarter-on-quarter. Operating Profit surged by 1.68 % annually, and saw a -40.93 % decrease from the last quarter.
Net Profit showed yearly decrease of -93.89 %, and experienced a -76.15 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -94.62 % annually, however dipped by -77.5 % compared to the last quarter. In essence, while Speciality Restaurants Limited faces strong annual decline indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.
