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Binayak Tex Processors : Q4 2024 Financial Quarterly Report : YoY Sales Down 7.69 %, QoQ Up 35.86 %

July 2, 2024July 2, 2024| adminadmin| 0 Comments| 10:40 am
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Highlights

  • Sales over the Year and quarter: The company’s sales declined by -7.69 % over the year, substantial increase in net sales/revenue by 35.86 %.
  • Income over the Year and quarter: There has been either a marginal increase or a decline in other income over the past year which is 85.19 %. Marginal increase in other income during this quarter, up by 51.52%.
  • Profit over the Year and quarter: Significant improvement in profitability for Binayak Tex Processors Ltd.,. Notable increase of 212.04 % in net profit Year to Year, Binayak Tex Processors Ltd.,’s profitability increased by 313.57 % in this quarter.
  • EPS over the Year and quarter: EPS increased by 56.07 % Year to Year. EPS increased by 313.67 % in previous quarter. Positive impact on shareholders.

The comprehensive analytics outlining the performance and outlook of Binayak Tex Processors Ltd.,”s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 60.522 Cr Rs. 41.124 Cr Rs. 55.87 Cr + 35.86 % -7.69 %
Expenses Rs. 56.53 Cr Rs. 37.87 Cr Rs. 49.34 Cr + 30.29 % -12.72 %
Operating Profit Rs. 3.99 Cr Rs. 3.25 Cr Rs. 6.53 Cr + 100.92 % + 63.66 %
OPM % 6.59 % 7.9 % 11.69 % + 3.79 % + 5.1 %
Other Income Rs. 0.27 Cr Rs. 0.33 Cr Rs. 0.5 Cr + 51.52 % + 85.19 %
Interest Rs. 1.25 Cr Rs. 1.23 Cr Rs. 1.3 Cr + 5.69 % + 4 %
Depreciation Rs. 1.02 Cr Rs. 1.16 Cr Rs. 1.17 Cr + 0.86 % + 14.71 %
Profit before tax Rs. 1.99 Cr Rs. 1.19 Cr Rs. 4.56 Cr + 283.19 % + 129.15 %
Tax % 46.85 % 32.83 % 27.78 % -5.05 % -19.07 %
Net Profit Rs. 1.06 Cr Rs. 0.8 Cr Rs. 3.29 Cr + 311.25 % + 210.38 %
EPS in Rs Rs. 29.66 Rs. 11.19 Rs. 46.29 + 313.67 % + 56.07 %


Today, we’re looking at Binayak Tex Processors 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 -7.69 %. However, it did see a marginal increase of 35.86 % from the previous quarter. Expenses ticked up slightly by 30.29 % quarter-on-quarter, aligning with the annual decline of -12.72 %. Operating profit, while up 63.66 % compared to last year, faced a quarter-on-quarter increase of 100.92 %, 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 5.1 %, but an expansion of 3.79 % sequentially. Other income rose by 51.52 % compared to the last quarter, despite an annual growth of 85.19 %. Interest expenses surged remarkably by 5.69 % from the previous quarter, yet the year-over-year increase remains at a moderate 4 %. Depreciation costs climbed by 0.86 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 14.71 %. Profit before tax grew annually by 129.15 % but saw an increase from the preceding quarter by 283.19 %.
Tax expenses as a percentage of profits decreased slightly by -19.07 % compared to last year, with a more notable quarter-on-quarter decrease of -5.05 %. Net profit rose by 210.38 % year-on-year but experienced a 311.25 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 56.07 % but a quarterly rise of 313.67 %. In summary, Binayak Tex Processors 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. 60.522 Cr Rs. 41.124 Cr Rs. 55.87 Cr + 35.86 % -7.69 %
Expenses Rs. 56.53 Cr Rs. 37.87 Cr Rs. 49.34 Cr + 30.29 % -12.72 %
Operating Profit Rs. 3.99 Cr Rs. 3.25 Cr Rs. 6.53 Cr + 100.92 % + 63.66 %
Net Profit Rs. 1.06 Cr Rs. 0.8 Cr Rs. 3.29 Cr + 311.25 % + 210.38 %
EPS in Rs Rs. 29.66 Rs. 11.19 Rs. 46.29 + 313.67 % + 56.07 %


In reviewing Binayak Tex Processors Ltd.,’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -7.69 % year-on-year, however, there was a minor increase of 35.86 % from the previous quarter. Expenses decreased by -12.72 % compared to the previous year, with a 30.29 % increase quarter-on-quarter. Operating Profit surged by 63.66 % annually, and saw a 100.92 % increase from the last quarter.
Net Profit showed yearly increase of 210.38 %, and experienced a 311.25 % increase from the previous quarter. Earnings Per Share (EPS) rose by 56.07 % annually, however rose by 313.67 % compared to the last quarter. In essence, while Binayak Tex Processors 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.

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