Share the post "Tree House Education & Accessories : Q1 2024 Financial Quarterly Report : YoY Sales Up 11.79 %, QoQ Up 12.37 %"
Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 11.79 % in the past year, substantial increase in net sales/revenue by 12.37 %.
- Income over the Year and quarter:
- Profit over the Year and quarter: Challenges in sustaining profitability for Tree House Education & Accessories Limited. Profit dropped by -57.83 % Year to Year, Tree House Education & Accessories Limited’s profitability dropped by -72 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -140.00 % Year to Year. EPS decreased by -72.41 % 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. 1.95 Cr | Rs. 1.94 Cr | Rs. 2.18 Cr | + 12.37 % | + 11.79 % |
Expenses | Rs. 1.96 Cr | Rs. 2.3 Cr | Rs. 1.51 Cr | -34.35 % | -22.96 % |
Operating Profit | Rs. -0.01 Cr | Rs. -0.36 Cr | Rs. 0.67 Cr | + 286.11 % | + 6800 % |
OPM % | -0.51 % | -18.56 % | 30.73 % | + 49.29 % | + 31.24 % |
Other Income | Rs. 0.41 Cr | Rs. 0.29 Cr | Rs. 0.07 Cr | -75.86 % | -82.93 % |
Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Depreciation | Rs. 0.23 Cr | Rs. 0.18 Cr | Rs. 0.17 Cr | -5.56 % | -26.09 % |
Profit before tax | Rs. 0.17 Cr | Rs. -0.25 Cr | Rs. 0.57 Cr | + 328 % | + 235.29 % |
Tax % | 588.24 % | -454.55 % | 184 % | + 638.55 % | -404.24 % |
Net Profit | Rs. -0.83 Cr | Rs. -1.25 Cr | Rs. -0.35 Cr | + 72 % | + 57.83 % |
EPS in Rs | Rs. -0.2 | Rs. -0.29 | Rs. -0.08 | + 72.41 % | + 60 % |
Today, we’re looking at Tree House Education & Accessories Limited’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 11.79 %. However, it did see a marginal increase of 12.37 % from the previous quarter. Expenses decreased slightly by -34.35 % quarter-on-quarter, aligning with the annual decline of -22.96 %. Operating profit, while up 6800 % compared to last year, faced a quarter-on-quarter increase of 286.11 %, 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 31.24 %, but an expansion of 49.29 % sequentially. Other income fell by -75.86 % compared to the last quarter, despite an annual decline of -82.93 %. Depreciation costs fell by -5.56 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -26.09 %. Profit before tax grew annually by 235.29 % but saw an increase from the preceding quarter by 328 %.
Tax expenses as a percentage of profits decreased slightly by -404.24 % compared to last year, with a more notable quarter-on-quarter increase of 638.55 %. Net profit rose by 57.83 % year-on-year but experienced a 72 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 60 % but a quarterly rise of 72.41 %. In summary, Tree House Education & Accessories 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. 1.95 Cr | Rs. 1.94 Cr | Rs. 2.18 Cr | + 12.37 % | + 11.79 % |
Expenses | Rs. 1.96 Cr | Rs. 2.3 Cr | Rs. 1.51 Cr | -34.35 % | -22.96 % |
Operating Profit | Rs. -0.01 Cr | Rs. -0.36 Cr | Rs. 0.67 Cr | + 286.11 % | + 6800 % |
Net Profit | Rs. -0.83 Cr | Rs. -1.25 Cr | Rs. -0.35 Cr | + 72 % | + 57.83 % |
EPS in Rs | Rs. -0.2 | Rs. -0.29 | Rs. -0.08 | + 72.41 % | + 60 % |
In reviewing Tree House Education & Accessories Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 11.79 % year-on-year growth, however, there was a minor increase of 12.37 % from the previous quarter. Expenses decreased by -22.96 % compared to the previous year, with a decrease of -34.35 % quarter-on-quarter. Operating Profit surged by 6800 % annually, and saw a 286.11 % increase from the last quarter.
Net Profit showed yearly increase of 57.83 %, and experienced a 72 % increase from the previous quarter. Earnings Per Share (EPS) rose by 60 % annually, however rose by 72.41 % compared to the last quarter. In essence, while Tree House Education & Accessories Limited 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.