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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’s sales declined by -8.71 % over the year, substantial increase in net sales/revenue by 2.23 %.
- 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 4.11 %. Marginal decrease of -5.71% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Bajaj Consumer Care Limited. Profit dropped by -16.36 % Year to Year, Bajaj Consumer Care Limited’s profitability increased by 1.81 % in this quarter.
- EPS over the Year and quarter: EPS declined by -16.35 % Year to Year. EPS increased by 1.92 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 264.181 Cr | Rs. 235.907 Cr | Rs. 241.178 Cr | + 2.23 % | -8.71 % |
| Expenses | Rs. 217.21 Cr | Rs. 199.66 Cr | Rs. 203.76 Cr | + 2.05 % | -6.19 % |
| Operating Profit | Rs. 46.97 Cr | Rs. 36.25 Cr | Rs. 37.42 Cr | + 3.23 % | -20.33 % |
| OPM % | 17.78 % | 15.37 % | 15.52 % | + 0.15 % | -2.26 % |
| Other Income | Rs. 10.57 Cr | Rs. 11.67 Cr | Rs. 11.004 Cr | -5.71 % | + 4.11 % |
| Interest | Rs. 0.3 Cr | Rs. 0.22 Cr | Rs. 0.17 Cr | -22.73 % | -43.33 % |
| Depreciation | Rs. 2.22 Cr | Rs. 2.5 Cr | Rs. 2.23 Cr | -10.8 % | + 0.45 % |
| Profit before tax | Rs. 55.02 Cr | Rs. 45.2 Cr | Rs. 46.02 Cr | + 1.81 % | -16.36 % |
| Tax % | 17.47 % | 17.47 % | 17.47 % | + 0 % | + 0 % |
| Net Profit | Rs. 45.41 Cr | Rs. 37.31 Cr | Rs. 37.98 Cr | + 1.8 % | -16.36 % |
| EPS in Rs | Rs. 3.18 | Rs. 2.61 | Rs. 2.66 | + 1.92 % | -16.35 % |
Today, we’re looking at Bajaj Consumer Care Limited’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -8.71 %. However, it did see a marginal increase of 2.23 % from the previous quarter. Expenses ticked up slightly by 2.05 % quarter-on-quarter, aligning with the annual decline of -6.19 %. Operating profit, while down -20.33 % compared to last year, faced a quarter-on-quarter increase of 3.23 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -2.26 %, but an expansion of 0.15 % sequentially. Other income fell by -5.71 % compared to the last quarter, despite an annual growth of 4.11 %. Interest expenses dropped significantly by -22.73 % from the previous quarter, yet the year-over-year decrease remains at a moderate -43.33 %. Depreciation costs fell by -10.8 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0.45 %. Profit before tax declined annually by -16.36 % but saw an increase from the preceding quarter by 1.81 %.
Tax expenses as a percentage of profits increased slightly by 0 % compared to last year, with a more notable quarter-on-quarter increase of 0 %. Net profit fell by -16.36 % year-on-year but experienced a 1.8 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -16.35 % but a quarterly rise of 1.92 %. In summary, Bajaj Consumer Care 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. 264.181 Cr | Rs. 235.907 Cr | Rs. 241.178 Cr | + 2.23 % | -8.71 % |
| Expenses | Rs. 217.21 Cr | Rs. 199.66 Cr | Rs. 203.76 Cr | + 2.05 % | -6.19 % |
| Operating Profit | Rs. 46.97 Cr | Rs. 36.25 Cr | Rs. 37.42 Cr | + 3.23 % | -20.33 % |
| Net Profit | Rs. 45.41 Cr | Rs. 37.31 Cr | Rs. 37.98 Cr | + 1.8 % | -16.36 % |
| EPS in Rs | Rs. 3.18 | Rs. 2.61 | Rs. 2.66 | + 1.92 % | -16.35 % |
In reviewing Bajaj Consumer Care Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -8.71 % year-on-year, however, there was a minor increase of 2.23 % from the previous quarter. Expenses decreased by -6.19 % compared to the previous year, with a 2.05 % increase quarter-on-quarter. Operating Profit dropped by -20.33 % annually, and saw a 3.23 % increase from the last quarter.
Net Profit showed yearly decrease of -16.36 %, and experienced a 1.8 % increase from the previous quarter. Earnings Per Share (EPS) fell by -16.35 % annually, however rose by 1.92 % compared to the last quarter. In essence, while Bajaj Consumer Care Limited faces strong annual decline 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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