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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 14.02 % in the past year, decrease in net sales/revenue by -19.58 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -94.76 %, Marginal increase in other income during this quarter, up by 86.36%.
- Profit over the Year and quarter: Significant improvement in profitability for Bhatia Communications & Retail (India) Limited. Notable increase of 4.27 % in net profit Year to Year, Bhatia Communications & Retail (India) Limited’s profitability increased by 19.86 % in this quarter.
- EPS over the Year and quarter: EPS increased by 4.35 % Year to Year. EPS increased by 20 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 82.363 Cr | Rs. 116.785 Cr | Rs. 93.913 Cr | -19.58 % | + 14.02 % |
Expenses | Rs. 85.53 Cr | Rs. 112.74 Cr | Rs. 89.46 Cr | -20.65 % | + 4.59 % |
Operating Profit | Rs. -3.17 Cr | Rs. 4.05 Cr | Rs. 4.45 Cr | + 9.88 % | + 240.38 % |
OPM % | -3.85 % | 3.47 % | 4.74 % | + 1.27 % | + 8.59 % |
Other Income | Rs. 7.82 Cr | Rs. 0.22 Cr | Rs. 0.41 Cr | + 86.36 % | -94.76 % |
Interest | Rs. 0.57 Cr | Rs. 0.56 Cr | Rs. 0.43 Cr | -23.21 % | -24.56 % |
Depreciation | Rs. 0.23 Cr | Rs. 0.38 Cr | Rs. 0.38 Cr | + 0 % | + 65.22 % |
Profit before tax | Rs. 3.85 Cr | Rs. 3.33 Cr | Rs. 4.05 Cr | + 21.62 % | + 5.19 % |
Tax % | 25.66 % | 25.23 % | 26.37 % | + 1.14 % | + 0.71 % |
Net Profit | Rs. 2.86 Cr | Rs. 2.49 Cr | Rs. 2.98 Cr | + 19.68 % | + 4.2 % |
EPS in Rs | Rs. 0.23 | Rs. 0.2 | Rs. 0.24 | + 20 % | + 4.35 % |
Today, we’re looking at Bhatia Communications & Retail (India) Limited’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 14.02 %. However, it did see a marginal slip of -19.58 % from the previous quarter. Expenses decreased slightly by -20.65 % quarter-on-quarter, aligning with the annual rise of 4.59 %. Operating profit, while up 240.38 % compared to last year, faced a quarter-on-quarter increase of 9.88 %, 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 8.59 %, but an expansion of 1.27 % sequentially. Other income rose by 86.36 % compared to the last quarter, despite an annual decline of -94.76 %. Interest expenses dropped significantly by -23.21 % from the previous quarter, yet the year-over-year decrease remains at a moderate -24.56 %. Depreciation costs climbed by 0 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 65.22 %. Profit before tax grew annually by 5.19 % but saw an increase from the preceding quarter by 21.62 %.
Tax expenses as a percentage of profits increased slightly by 0.71 % compared to last year, with a more notable quarter-on-quarter increase of 1.14 %. Net profit rose by 4.2 % year-on-year but experienced a 19.68 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 4.35 % but a quarterly rise of 20 %. In summary, Bhatia Communications & Retail (India) 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. 82.363 Cr | Rs. 116.785 Cr | Rs. 93.913 Cr | -19.58 % | + 14.02 % |
Expenses | Rs. 85.53 Cr | Rs. 112.74 Cr | Rs. 89.46 Cr | -20.65 % | + 4.59 % |
Operating Profit | Rs. -3.17 Cr | Rs. 4.05 Cr | Rs. 4.45 Cr | + 9.88 % | + 240.38 % |
Net Profit | Rs. 2.86 Cr | Rs. 2.49 Cr | Rs. 2.98 Cr | + 19.68 % | + 4.2 % |
EPS in Rs | Rs. 0.23 | Rs. 0.2 | Rs. 0.24 | + 20 % | + 4.35 % |
In reviewing Bhatia Communications & Retail (India) Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 14.02 % year-on-year growth, although there was a slight dip of -19.58 % from the previous quarter. Expenses rose by 4.59 % compared to the previous year, with a decrease of -20.65 % quarter-on-quarter. Operating Profit surged by 240.38 % annually, and saw a 9.88 % increase from the last quarter.
Net Profit showed yearly increase of 4.2 %, and experienced a 19.68 % increase from the previous quarter. Earnings Per Share (EPS) rose by 4.35 % annually, however rose by 20 % compared to the last quarter. In essence, while Bhatia Communications & Retail (India) 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.