Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 14.52 % in the past year, substantial increase in net sales/revenue by 2.08 %.
- 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 27.07 %. Marginal decrease of -62.16% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Sportking India Ltd.. Profit dropped by -25.9 % Year to Year, Sportking India Ltd.’s profitability increased by 65.72 % in this quarter.
- EPS over the Year and quarter: EPS declined by -23.69 % Year to Year. EPS increased by 63.17 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 533.666 Cr | Rs. 598.697 Cr | Rs. 611.176 Cr | + 2.08 % | + 14.52 % |
| Expenses | Rs. 477.93 Cr | Rs. 550.04 Cr | Rs. 544.05 Cr | -1.09 % | + 13.83 % |
| Operating Profit | Rs. 55.74 Cr | Rs. 48.66 Cr | Rs. 67.13 Cr | + 37.96 % | + 20.43 % |
| OPM % | 10.44 % | 8.13 % | 10.98 % | + 2.85 % | + 0.54 % |
| Other Income | Rs. 2.29 Cr | Rs. 7.69 Cr | Rs. 2.91 Cr | -62.16 % | + 27.07 % |
| Interest | Rs. 2.29 Cr | Rs. 15.58 Cr | Rs. 16.6 Cr | + 6.55 % | + 624.89 % |
| Depreciation | Rs. 13.88 Cr | Rs. 22.13 Cr | Rs. 21.85 Cr | -1.27 % | + 57.42 % |
| Profit before tax | Rs. 41.86 Cr | Rs. 18.64 Cr | Rs. 31.59 Cr | + 69.47 % | -24.53 % |
| Tax % | 26.27 % | 25.98 % | 27.6 % | + 1.62 % | + 1.33 % |
| Net Profit | Rs. 30.86 Cr | Rs. 13.8 Cr | Rs. 22.86 Cr | + 65.65 % | -25.92 % |
| EPS in Rs | Rs. 23.22 | Rs. 10.86 | Rs. 17.72 | + 63.17 % | -23.69 % |
Today, we’re looking at Sportking India 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 14.52 %. However, it did see a marginal increase of 2.08 % from the previous quarter. Expenses decreased slightly by -1.09 % quarter-on-quarter, aligning with the annual rise of 13.83 %. Operating profit, while up 20.43 % compared to last year, faced a quarter-on-quarter increase of 37.96 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 0.54 %, but an expansion of 2.85 % sequentially. Other income fell by -62.16 % compared to the last quarter, despite an annual growth of 27.07 %. Interest expenses surged remarkably by 6.55 % from the previous quarter, yet the year-over-year increase remains at a moderate 624.89 %. Depreciation costs fell by -1.27 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 57.42 %. Profit before tax declined annually by -24.53 % but saw an increase from the preceding quarter by 69.47 %.
Tax expenses as a percentage of profits increased slightly by 1.33 % compared to last year, with a more notable quarter-on-quarter increase of 1.62 %. Net profit fell by -25.92 % year-on-year but experienced a 65.65 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -23.69 % but a quarterly rise of 63.17 %. In summary, Sportking India 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. 533.666 Cr | Rs. 598.697 Cr | Rs. 611.176 Cr | + 2.08 % | + 14.52 % |
| Expenses | Rs. 477.93 Cr | Rs. 550.04 Cr | Rs. 544.05 Cr | -1.09 % | + 13.83 % |
| Operating Profit | Rs. 55.74 Cr | Rs. 48.66 Cr | Rs. 67.13 Cr | + 37.96 % | + 20.43 % |
| Net Profit | Rs. 30.86 Cr | Rs. 13.8 Cr | Rs. 22.86 Cr | + 65.65 % | -25.92 % |
| EPS in Rs | Rs. 23.22 | Rs. 10.86 | Rs. 17.72 | + 63.17 % | -23.69 % |
In reviewing Sportking India Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 14.52 % year-on-year growth, however, there was a minor increase of 2.08 % from the previous quarter. Expenses rose by 13.83 % compared to the previous year, with a decrease of -1.09 % quarter-on-quarter. Operating Profit surged by 20.43 % annually, and saw a 37.96 % increase from the last quarter.
Net Profit showed yearly decrease of -25.92 %, and experienced a 65.65 % increase from the previous quarter. Earnings Per Share (EPS) fell by -23.69 % annually, however rose by 63.17 % compared to the last quarter. In essence, while Sportking India Ltd. 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.
