Arthneeti

Epuja Spiritech Q2 FY24 Share Price & Earnings Call Analysis

₹0.91-3.19% today
Market cap
₹10 Cr
ROE
-57.39%
Price to sales
1.10
Debt to equity
0.02
52W high / low
₹5.38 / ₹0.91
Sales growth (5Y)
-17.27%
EBITDA margin
-103.02%
Net profit margin
-556.45%
Promoter holding
8.03%
Sales (last year)
₹9 Cr

Incorporated in 1980, ePuja Spiritech Ltd is India’s first online portal that offers access to religious ceremonies and remedy rituals across 3600 temples in India{https://www.epuja.com/}

Guidance scorecard · Q2 FY24 call

What Epuja Spiritech Ltd's management guided
and where it ranks in Finance

Revenue20–40%MarginsFlatCapexPlannedFundraisingPlannedOrder bookRising

RevenueQ2 FY24 call

20–40%
  • Astrology segment expected to contribute 30-35% of total revenue in next 2-3 quarters.
  • Repeat customer ratio is high at 50%, with 50% clients ordering yearly or quarterly, aiding revenue stability.
  • Plans to expand temple network beyond current 3,600 temples towards 5,000+ to boost order flow.
  • Marketing spend projected to increase 3-4 times, targeting 30-35% of revenue, enhancing customer acquisition and growth.
  • Revival of religious tourism tie-ups like with MakeMyTrip aims to increase volume and revenue via VIP temple guided tours launching by end of Q4 FY24.
  • Launch of ePuja store planned by Q1 FY25 selling puja items, providing cross-selling opportunities.

2 more points from Epuja Spiritech Ltd's call on revenue

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Full Q2 FY24 analysis

MarginsQ2 FY24 call

Flat

See what Epuja Spiritech Ltd said on margins — free account, 30 seconds.

Full Q2 FY24 analysis

CapexQ2 FY24 call

Planned
  • Additionally, they plan to relaunch an ePuja store (by Q1 of next financial year) selling Puja articles like Rudraksha, gemstones, Yantras, incense sticks, etc.
  • Marketing spend is expected to increase 3 to 4 times from current levels, targeting 30-35% of revenue.
  • Future launch plans include a "Pandit at Home" service with thorough background checks, aiming for Q2 of the next financial year.
Full Q2 FY24 analysis

FundraisingQ2 FY24 call

Planned

See what Epuja Spiritech Ltd said on fundraising — free account, 30 seconds.

Full Q2 FY24 analysis

Order bookQ2 FY24 call

Rising
  • Currently, the company performs approximately 40 to 50 pujas daily.
  • During the COVID lockdown, the run rate was higher, close to 9,500 pujas, indicating a temporary spike.
  • In the recent quarter, about 4,000 pujas were booked, showing growth compared to the previous quarter's approximately 3,400 pujas.
  • Orders come both from within India (75%) and internationally (25%), with major markets abroad including the US, UK, Canada, Australia, Singapore, and UAE.
  • Around 50% of clients are repeat customers, who place orders yearly or quarterly depending on the festival or need, contributing to a steady flow of orders.

2 more points from Epuja Spiritech Ltd's call on the order book

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Full Q2 FY24 analysis
Full Finance ranking

Ranges are what management guided for revenue growth and margins on the latest earnings call. Not investment advice, and not a forecast of returns.

Potential multibaggers · Q2 FY27

Potential multibaggers in Finance
on management's own guidance

  1. Strong growth
    2
  2. Strong growth
    1
  3. Strong growth
    3
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.

Peers

Finance companies ranked on guidance

#CompanyRevenue guidedMargin guidedMarket capP/E
140%+Up 2%+₹2,742 Cr71.8
240%+Up 2%+₹464 Cr23.9
340%+Up 0–2%₹961 Cr32.7
440%+Flat₹23,820 Cr21.1
540%+Flat₹16,498 Cr72.4
640%+Flat₹15,549 Cr—

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Financials of Epuja Spiritech Ltd

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Financials of Epuja Spiritech Ltd

Quarterly Results

Quarter-by-quarter operating performance

Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Revenue +0.000.150.290.300.220.150.470.997.030.130.100.041.58
Interest0.000.000.000.000.000.000.000.000.000.000.000.000.00
Expenses +0.100.290.300.290.630.580.721.375.740.781.362.837.29
Financing Profit-0.10-0.14-0.010.01-0.41-0.43-0.25-0.381.29-0.65-1.26-2.79-5.71
Financing Margin %-93.33%-3.45%3.33%-186.36%-286.67%-53.19%-38.38%18.35%-500.00%-1,260.00%-6,975.00%-361.39%
Other Income +0.000.020.020.010.020.020.010.02-0.130.030.020.01-0.13
Depreciation0.000.000.000.000.000.000.000.000.000.000.000.000.00
Profit before tax-0.10-0.120.010.02-0.39-0.41-0.24-0.361.16-0.62-1.24-2.78-5.84
Tax %0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
Net Profit +-0.10-0.120.010.02-0.39-0.41-0.24-0.361.16-0.62-1.24-2.78-5.84
EPS in Rs-0.02-0.020.000.00-0.05-0.05-0.03-0.040.14-0.07-0.14-0.32-0.68
Gross NPA %
Net NPA %

Financials of Epuja Spiritech Ltd

Profit & Loss

Annual income statement trend

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Revenue +0151086551192
Interest000000000000
Expenses +0159855521812
Financing Profit-00101100-0-10-10
Financing Margin %1%10%5%10%14%5%1%-14%-54%3%-559%
Other Income +00000000-00-0-0
Depreciation000000000000
Profit before tax-00101100-0-00-10
Tax %83%0%20%-20%0%0%0%0%5%0%0%0%
Net Profit +-00011100-0-00-10
EPS in Rs-0.020.000.100.150.210.200.060.01-0.05-0.060.02-1.22
Dividend Payout %0%0%20%20%10%0%0%0%0%0%0%0%

Financials of Epuja Spiritech Ltd

Balance Sheet

Capital structure and asset base

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital5444444448911
Reserves-6-000122229115
Borrowing000000001210
Other Liabilities +002420321101
Total Liabilities046976987192118
Fixed Assets +000000000444
CWIP030000000000
Investments000000030000
Other Assets +016976967151713
Total Assets046976987192118

Financials of Epuja Spiritech Ltd

Cash Flows

Operating, investing and financing cash movement

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity +-0-401-1-00-1-1-5-4-6
Cash from Investing Activity +0-0-00000000-00
Cash from Financing Activity +040000001727
Net Cash Flow-0001-1-00-002-10
Free Cash Flow-0-401-1-00-0-1-5-4-6
CFO/OP43%-37,300%49%184%-110%-7%9%-1,300%333%1,059%-1,326%61%

Financials of Epuja Spiritech Ltd

Ratios

Working capital efficiency and return ratios

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROE %1%10%14%17%15%4%1%-3%-4%2%-57%

Continue your research

What Epuja Spiritech Ltd's management said in earlier quarters

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