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Highlights
- Sales over the Year and quarter: The company’s sales declined by -28.85 % over the year, substantial increase in net sales/revenue by 26.15 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -16.67 %, Marginal increase in other income during this quarter, up by 144.19%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Winsome Breweries Ltd.. Profit dropped by -5.63 % Year to Year, Winsome Breweries Ltd.’s profitability dropped by -1419.15 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -8.33 % Year to Year. EPS decreased by -1200 % 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. 0.617 Cr | Rs. 0.348 Cr | Rs. 0.439 Cr | + 26.15 % | -28.85 % |
Expenses | Rs. 0.83 Cr | Rs. 0.51 Cr | Rs. 0.6 Cr | + 17.65 % | -27.71 % |
Operating Profit | Rs. -0.21 Cr | Rs. -0.16 Cr | Rs. -0.16 Cr | + 0 % | + 23.81 % |
OPM % | -34.04 % | -45.98 % | -36.45 % | + 9.53 % | -2.41 % |
Other Income | Rs. 1.26 Cr | Rs. 0.43 Cr | Rs. 1.05 Cr | + 144.19 % | -16.67 % |
Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Depreciation | Rs. 0.56 Cr | Rs. 0.32 Cr | Rs. 0.14 Cr | -56.25 % | -75 % |
Profit before tax | Rs. 0.49 Cr | Rs. -0.05 Cr | Rs. 0.75 Cr | + 1600 % | + 53.06 % |
Tax % | 37.74 % | -0 % | 16.58 % | + 16.58 % | -21.16 % |
Net Profit | Rs. 0.66 Cr | Rs. -0.05 Cr | Rs. 0.62 Cr | + 1340 % | -6.06 % |
EPS in Rs | Rs. 0.24 | Rs. -0.02 | Rs. 0.22 | + 1200 % | -8.33 % |
Today, we’re looking at Winsome Breweries 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 -28.85 %. However, it did see a marginal increase of 26.15 % from the previous quarter. Expenses ticked up slightly by 17.65 % quarter-on-quarter, aligning with the annual decline of -27.71 %. Operating profit, while up 23.81 % compared to last year, faced a quarter-on-quarter increase of 0 %, 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 -2.41 %, but an expansion of 9.53 % sequentially. Other income rose by 144.19 % compared to the last quarter, despite an annual decline of -16.67 %. Depreciation costs fell by -56.25 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -75 %. Profit before tax grew annually by 53.06 % but saw an increase from the preceding quarter by 1600 %.
Tax expenses as a percentage of profits decreased slightly by -21.16 % compared to last year, with a more notable quarter-on-quarter increase of 16.58 %. Net profit fell by -6.06 % year-on-year but experienced a 1340 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -8.33 % but a quarterly rise of 1200 %. In summary, Winsome Breweries 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. 0.617 Cr | Rs. 0.348 Cr | Rs. 0.439 Cr | + 26.15 % | -28.85 % |
Expenses | Rs. 0.83 Cr | Rs. 0.51 Cr | Rs. 0.6 Cr | + 17.65 % | -27.71 % |
Operating Profit | Rs. -0.21 Cr | Rs. -0.16 Cr | Rs. -0.16 Cr | + 0 % | + 23.81 % |
Net Profit | Rs. 0.66 Cr | Rs. -0.05 Cr | Rs. 0.62 Cr | + 1340 % | -6.06 % |
EPS in Rs | Rs. 0.24 | Rs. -0.02 | Rs. 0.22 | + 1200 % | -8.33 % |
In reviewing Winsome Breweries Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -28.85 % year-on-year, however, there was a minor increase of 26.15 % from the previous quarter. Expenses decreased by -27.71 % compared to the previous year, with a 17.65 % increase quarter-on-quarter. Operating Profit surged by 23.81 % annually, and saw a 0 % increase from the last quarter.
Net Profit showed yearly decrease of -6.06 %, and experienced a 1340 % increase from the previous quarter. Earnings Per Share (EPS) fell by -8.33 % annually, however rose by 1200 % compared to the last quarter. In essence, while Winsome Breweries 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.