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Bliss GVS Pharma : Q1 2024 Financial Quarterly Report : YoY Sales Up 36.67 %, QoQ Down 9.07 %

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Highlights

  • The presented financial data is Standalone to provide a comprehensive overview of the company performance.
  • Sales over the Year and quarter: The company experienced a substantial growth of 36.67 % in the past year, decrease in net sales/revenue by -9.07 %.
  • 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 4.81 %. Marginal increase in other income during this quarter, up by 120.97%.
  • Profit over the Year and quarter: Significant improvement in profitability for Bliss GVS Pharma Limited. Notable increase of 159.07 % in net profit Year to Year, Bliss GVS Pharma Limited’s profitability dropped by -269.44 % Quarter to Quarter.
  • EPS over the Year and quarter: EPS increased by 156.94 % Year to Year. EPS decreased by -266.67 % in previous quarter. Analysis needed for shareholder value.

The comprehensive analytics outlining the performance and outlook of Bliss GVS Pharma Limited”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. 108.992 Cr Rs. 163.817 Cr Rs. 148.963 Cr -9.07 % + 36.67 %
Expenses Rs. 97.94 Cr Rs. 138.67 Cr Rs. 122.22 Cr -11.86 % + 24.79 %
Operating Profit Rs. 11.05 Cr Rs. 25.15 Cr Rs. 26.74 Cr + 6.32 % + 141.99 %
OPM % 10.14 % 15.35 % 17.95 % + 2.6 % + 7.81 %
Other Income Rs. 6.527 Cr Rs. -32.622 Cr Rs. 6.841 Cr + 120.97 % + 4.81 %
Interest Rs. 1.31 Cr Rs. 1.53 Cr Rs. 1.17 Cr -23.53 % -10.69 %
Depreciation Rs. 5.36 Cr Rs. 6.23 Cr Rs. 6.26 Cr + 0.48 % + 16.79 %
Profit before tax Rs. 10.91 Cr Rs. -15.23 Cr Rs. 26.15 Cr + 271.7 % + 139.69 %
Tax % 31.26 % -24.76 % 25.75 % + 50.51 % -5.51 %
Net Profit Rs. 7.5 Cr Rs. -11.46 Cr Rs. 19.42 Cr + 269.46 % + 158.93 %
EPS in Rs Rs. 0.71 Rs. -1.08 Rs. 1.81 + 267.59 % + 154.93 %


Today, we’re looking at Bliss GVS Pharma Limited’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 36.67 %. However, it did see a marginal slip of -9.07 % from the previous quarter. Expenses decreased slightly by -11.86 % quarter-on-quarter, aligning with the annual rise of 24.79 %. Operating profit, while up 141.99 % compared to last year, faced a quarter-on-quarter increase of 6.32 %, 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 7.81 %, but an expansion of 2.6 % sequentially. Other income rose by 120.97 % compared to the last quarter, despite an annual growth of 4.81 %. Interest expenses dropped significantly by -23.53 % from the previous quarter, yet the year-over-year decrease remains at a moderate -10.69 %. Depreciation costs climbed by 0.48 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 16.79 %. Profit before tax grew annually by 139.69 % but saw an increase from the preceding quarter by 271.7 %.
Tax expenses as a percentage of profits decreased slightly by -5.51 % compared to last year, with a more notable quarter-on-quarter increase of 50.51 %. Net profit rose by 158.93 % year-on-year but experienced a 269.46 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 154.93 % but a quarterly rise of 267.59 %. In summary, Bliss GVS Pharma 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. 108.992 Cr Rs. 163.817 Cr Rs. 148.963 Cr -9.07 % + 36.67 %
Expenses Rs. 97.94 Cr Rs. 138.67 Cr Rs. 122.22 Cr -11.86 % + 24.79 %
Operating Profit Rs. 11.05 Cr Rs. 25.15 Cr Rs. 26.74 Cr + 6.32 % + 141.99 %
Net Profit Rs. 7.5 Cr Rs. -11.46 Cr Rs. 19.42 Cr + 269.46 % + 158.93 %
EPS in Rs Rs. 0.71 Rs. -1.08 Rs. 1.81 + 267.59 % + 154.93 %


In reviewing Bliss GVS Pharma Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 36.67 % year-on-year growth, although there was a slight dip of -9.07 % from the previous quarter. Expenses rose by 24.79 % compared to the previous year, with a decrease of -11.86 % quarter-on-quarter. Operating Profit surged by 141.99 % annually, and saw a 6.32 % increase from the last quarter.
Net Profit showed yearly increase of 158.93 %, and experienced a 269.46 % increase from the previous quarter. Earnings Per Share (EPS) rose by 154.93 % annually, however rose by 267.59 % compared to the last quarter. In essence, while Bliss GVS Pharma 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.

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