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Highlights
- Sales over the Year and quarter: The company’s sales declined by -14.3 % over the year, substantial increase in net sales/revenue by 8.97 %.
- 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 22.22 %. Marginal increase in other income during this quarter, up by 0%.
- Profit over the Year and quarter: Significant improvement in profitability for The Byke Hospitality Ltd. Notable increase of 5.85 % in net profit Year to Year, The Byke Hospitality Ltd’s profitability increased by 121.62 % in this quarter.
- EPS over the Year and quarter: EPS increased by 1.89 % Year to Year. EPS increased by 116 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 26.801 Cr | Rs. 21.078 Cr | Rs. 22.968 Cr | + 8.97 % | -14.3 % |
| Expenses | Rs. 14.74 Cr | Rs. 11.44 Cr | Rs. 12.92 Cr | + 12.94 % | -12.35 % |
| Operating Profit | Rs. 12.06 Cr | Rs. 9.64 Cr | Rs. 10.05 Cr | + 4.25 % | -16.67 % |
| OPM % | 45 % | 45.73 % | 43.76 % | -1.97 % | -1.24 % |
| Other Income | Rs. 0.27 Cr | Rs. 0.33 Cr | Rs. 0.33 Cr | + 0 % | + 22.22 % |
| Interest | Rs. 2.21 Cr | Rs. 1.87 Cr | Rs. 1.66 Cr | -11.23 % | -24.89 % |
| Depreciation | Rs. 7.43 Cr | Rs. 7.64 Cr | Rs. 6.8 Cr | -10.99 % | -8.48 % |
| Profit before tax | Rs. 2.69 Cr | Rs. 0.46 Cr | Rs. 1.92 Cr | + 317.39 % | -28.62 % |
| Tax % | 20.95 % | 125.11 % | 17.66 % | -107.45 % | -3.29 % |
| Net Profit | Rs. 2.12 Cr | Rs. 1.01 Cr | Rs. 2.25 Cr | + 122.77 % | + 6.13 % |
| EPS in Rs | Rs. 0.53 | Rs. 0.25 | Rs. 0.54 | + 116 % | + 1.89 % |
Today, we’re looking at The Byke Hospitality Ltd’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -14.3 %. However, it did see a marginal increase of 8.97 % from the previous quarter. Expenses ticked up slightly by 12.94 % quarter-on-quarter, aligning with the annual decline of -12.35 %. Operating profit, while down -16.67 % compared to last year, faced a quarter-on-quarter increase of 4.25 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -1.24 %, but a shrinkage of -1.97 % sequentially. Other income rose by 0 % compared to the last quarter, despite an annual growth of 22.22 %. Interest expenses dropped significantly by -11.23 % from the previous quarter, yet the year-over-year decrease remains at a moderate -24.89 %. Depreciation costs fell by -10.99 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -8.48 %. Profit before tax declined annually by -28.62 % but saw an increase from the preceding quarter by 317.39 %.
Tax expenses as a percentage of profits decreased slightly by -3.29 % compared to last year, with a more notable quarter-on-quarter decrease of -107.45 %. Net profit rose by 6.13 % year-on-year but experienced a 122.77 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 1.89 % but a quarterly rise of 116 %. In summary, The Byke Hospitality 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. 26.801 Cr | Rs. 21.078 Cr | Rs. 22.968 Cr | + 8.97 % | -14.3 % |
| Expenses | Rs. 14.74 Cr | Rs. 11.44 Cr | Rs. 12.92 Cr | + 12.94 % | -12.35 % |
| Operating Profit | Rs. 12.06 Cr | Rs. 9.64 Cr | Rs. 10.05 Cr | + 4.25 % | -16.67 % |
| Net Profit | Rs. 2.12 Cr | Rs. 1.01 Cr | Rs. 2.25 Cr | + 122.77 % | + 6.13 % |
| EPS in Rs | Rs. 0.53 | Rs. 0.25 | Rs. 0.54 | + 116 % | + 1.89 % |
In reviewing The Byke Hospitality Ltd’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -14.3 % year-on-year, however, there was a minor increase of 8.97 % from the previous quarter. Expenses decreased by -12.35 % compared to the previous year, with a 12.94 % increase quarter-on-quarter. Operating Profit dropped by -16.67 % annually, and saw a 4.25 % increase from the last quarter.
Net Profit showed yearly increase of 6.13 %, and experienced a 122.77 % increase from the previous quarter. Earnings Per Share (EPS) rose by 1.89 % annually, however rose by 116 % compared to the last quarter. In essence, while The Byke Hospitality Ltd exhibits strong annual growth 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.
