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- Dhruva Capital Services Q1 Results Revenue Increases to ₹74.62 Lakhs, Net Profit Declines to ₹31.56 Lakhs
Dhruva Capital Services Q1 Results Revenue Increases to ₹74.62 Lakhs, Net Profit Declines to ₹31.56 Lakhs
Dhruva Capital Services Q1 Results show a 62.5% QoQ rise in total income to ₹74.62 lakhs but a 63.0% YoY drop in net profit to ₹31.56 lakhs, Dhruva Capital Services Q1 Results also reflect a 96.7% YoY decrease in earnings per share.
by P Nandhini
Updated Aug 29, 2024
Table of Content
Dhruva Capital Services Q1 Results: Dhruva Capital Services reported its financial results for the first quarter of the 2024-2025 fiscal year on August 12, 2024. The company saw a significant rise in total revenue, with figures climbing to ₹74.62 lakhs compared to ₹45.92 lakhs in the previous quarter, marking a quarter-over-quarter (QoQ) increase of 62.5%.
Despite this growth, the company’s net profit for the period decreased to ₹31.56 lakhs from ₹85.36 lakhs in the same quarter last year, reflecting a year-over-year (YoY) decline of 63.0%. The increase in revenue was primarily driven by higher interest income, which rose to ₹45.78 lakhs from ₹37.54 lakhs in the previous quarter.
However, overall expenses decreased to ₹5.00 lakhs from ₹8.82 lakhs in the last quarter. The company’s focus remains on strengthening its non-banking financial services while reducing its real estate investments.
Despite the reduced profit margins, Dhruva Capital Services is positioning itself for future growth by adjusting its business strategy and operational focus.
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Dhruva Capital Services Q1 Results 2024 - 2025
Here is a summary of Dhruva Capital Services's Q1 results for the fiscal year 2024 - 2025:
The table below outlines the key financial figures from Dhruva Capital Services's unaudited results for the quarter ending June 30, 2024. This includes comparisons with the previous quarter and the same quarter last year.
| Financial Metric | Q1 FY 2024-25 | Q4 FY 2023-24 | Q1 FY 2023-24 | % Change QoQ | % Change YoY |
|---|---|---|---|---|---|
| Revenue from Operations | ₹45.92 lakhs | ₹37.23 lakhs | ₹37.54 lakhs | +23.4% | +22.4% |
| Interest Income | ₹45.78 lakhs | ₹37.54 lakhs | ₹37.54 lakhs | +21.8% | +21.8% |
| Dividend Income | ₹0.14 lakhs | -₹0.31 lakhs | -₹0.31 lakhs | - | - |
| Other Income | - | - | - | - | - |
| Total Income | ₹74.62 lakhs | ₹45.92 lakhs | ₹111.85 lakhs | +62.5% | -33.7% |
| Total Expenses | ₹5.00 lakhs | ₹8.82 lakhs | ₹8.82 lakhs | -43.0% | -43.0% |
| Finance Costs | ₹1.07 lakhs | ₹1.07 lakhs | ₹1.07 lakhs | - | - |
| Employee Benefits Expenses | ₹2.70 lakhs | ₹2.67 lakhs | ₹2.67 lakhs | +1.1% | +1.1% |
| Depreciation and Amortization | ₹0.15 lakhs | ₹0.15 lakhs | ₹0.15 lakhs | - | - |
| Profit Before Tax | ₹40.92 lakhs | ₹103.03 lakhs | ₹85.36 lakhs | -60.3% | -52.0% |
| Exceptional Items | - | - | - | - | - |
| Net Profit | ₹31.56 lakhs | ₹85.36 lakhs | ₹85.36 lakhs | -63.0% | -63.0% |
| Earnings Per Share (Basic & Diluted) | ₹0.07 | ₹2.10 | ₹2.10 | -96.7% | -96.7% |
| Total Comprehensive Income | ₹31.56 lakhs | ₹85.36 lakhs | ₹85.36 lakhs | -63.0% | -63.0% |
Source: Click Here
Dhruva Capital Services Current Market Overview
Dhruva Capital Services is currently trading at ₹446 per share, with a market capitalization of ₹181 crore. The stock has seen a 1.99% increase recently and has fluctuated between ₹485 and ₹68.3 in the past. It has a high price-to-earnings ratio of 108 and a book value of ₹29.9 per share.
Despite not offering a dividend yield, the company has strong financial performance metrics, with a return on capital employed (ROCE) at 62.4% and a return on equity (ROE) at 60.1%. The stock's face value is ₹10.
| Metric | Value |
|---|---|
| Current Price | ₹446 |
| Market Cap | ₹181 Cr. |
| High / Low | ₹485 / ₹68.3 |
| Stock P/E Ratio | 108 |
| Book Value | ₹29.9 |
| Dividend Yield | 0.00% |
| ROCE | 62.4% |
| ROE | 60.1% |
| Face Value | ₹10.0 |
Quarterly Results
Here is a summary of Dhruva Capital Services's financial results for the most recent quarters:
For the quarters ending December 2023, March 2024, and June 2024, the company's performance is highlighted below:
| Metric | Dec 2023 | Mar 2024 | Jun 2024 |
|---|---|---|---|
| Sales | 0.32 | 0.37 | 0.46 |
| Expenses | 0.06 | 0.09 | 0.05 |
| Operating Profit | 0.26 | 0.28 | 0.41 |
| OPM % | 81.25% | 75.68% | 89.13% |
| Other Income | 0.00 | 0.75 | 0.00 |
| Interest | 0.00 | 0.00 | 0.00 |
| Depreciation | 0.00 | 0.00 | 0.00 |
| Profit Before Tax | 0.26 | 1.03 | 0.41 |
| Tax % | 0.00% | 17.48% | 21.95% |
| Net Profit | 0.26 | 0.85 | 0.32 |
| EPS in Rs | 0.64 | 2.09 | 0.79 |
About Dhruva Capital Services
Dhruva Capital Services is a financial company based in Udaipur, Rajasthan, established in 1999. It operates as a Non-Systematically Important Non-Deposit Taking Non-Banking Financial Company (NBFC), focusing on investments in shares and securities as well as providing financing to individuals and businesses.
The company primarily conducts its business within the Udaipur region. Dhruva Capital Services aims to grow its NBFC operations while reducing its real estate investments. Its recent financial results highlight a strong focus on interest income and adjustments in its business strategy to enhance financial performance.
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Dhruva Capital Services Q1 Results - FAQs
1. What were the total revenues for Dhruva Capital Services in Q1 FY 2024-25?
The total revenue for Dhruva Capital Services in Q1 FY 2024-25 was ₹74.62 lakhs.
2. How much did Dhruva Capital Services earn in interest income in Q1 FY 2024-25?
Dhruva Capital Services earned ₹45.78 lakhs in interest income in Q1 FY 2024-25.
3. What was the net profit of Dhruva Capital Services in Q1 FY 2024-25?
Dhruva Capital Services reported a net profit of ₹31.56 lakhs in Q1 FY 2024-25.
4. Did Dhruva Capital Services see a profit or loss in Q1 FY 2024-25?
Dhruva Capital Services reported a profit of ₹31.56 lakhs in Q1 FY 2024-25.
5. How did Dhruva Capital Services' revenue compare to the previous quarter?
Dhruva Capital Services' revenue increased by 62.5% compared to the previous quarter.
6. How did Dhruva Capital Services' expenses change in Q1 FY 2024-25?
Dhruva Capital Services' expenses decreased to ₹5.00 lakhs from ₹8.82 lakhs in the previous quarter.
7. How much did Dhruva Capital Services earn from dividend income in Q1 FY 2024-25?
Dhruva Capital Services earned ₹0.14 lakhs from dividend income in Q1 FY 2024-25.
8. What was the profit before tax for Dhruva Capital Services in Q1 FY 2024-25?
The profit before tax for Dhruva Capital Services in Q1 FY 2024-25 was ₹40.92 lakhs.
9. Did Dhruva Capital Services experience an increase or decrease in its revenue in Q1 FY 2024-25?
Dhruva Capital Services experienced an increase in its revenue in Q1 FY 2024-25.
10. What were the finance costs for Dhruva Capital Services in Q1 FY 2024-25?
The finance costs for Dhruva Capital Services in Q1 FY 2024-25 were ₹1.07 lakhs.