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Highlights
- The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 26.91 % in the past year, substantial increase in net sales/revenue by 7.21 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -71.94 %, Marginal decrease of -54.76% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Bodal Chemicals Limited. Profit dropped by -153.19 % Year to Year, Bodal Chemicals Limited’s profitability dropped by -157.57 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -150.00 % Year to Year. EPS decreased by -156.25 % in previous quarter. Analysis needed for shareholder value.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 332.485 Cr | Rs. 393.587 Cr | Rs. 421.962 Cr | + 7.21 % | + 26.91 % |
Expenses | Rs. 310.28 Cr | Rs. 368.48 Cr | Rs. 387.51 Cr | + 5.16 % | + 24.89 % |
Operating Profit | Rs. 22.21 Cr | Rs. 25.11 Cr | Rs. 34.45 Cr | + 37.2 % | + 55.11 % |
OPM % | 6.68 % | 6.38 % | 8.16 % | + 1.78 % | + 1.48 % |
Other Income | Rs. 8.78 Cr | Rs. 5.447 Cr | Rs. 2.464 Cr | -54.76 % | -71.94 % |
Interest | Rs. 13.15 Cr | Rs. 15.6 Cr | Rs. 21.33 Cr | + 36.73 % | + 62.21 % |
Depreciation | Rs. 14.65 Cr | Rs. 17.01 Cr | Rs. 17.03 Cr | + 0.12 % | + 16.25 % |
Profit before tax | Rs. 3.19 Cr | Rs. -2.05 Cr | Rs. -1.45 Cr | + 29.27 % | -145.45 % |
Tax % | 30.64 % | -199.22 % | -18.85 % | + 180.37 % | -49.49 % |
Net Profit | Rs. 2.21 Cr | Rs. 2.04 Cr | Rs. -1.18 Cr | -157.84 % | -153.39 % |
EPS in Rs | Rs. 0.18 | Rs. 0.16 | Rs. -0.09 | -156.25 % | -150 % |
Today, we’re looking at Bodal Chemicals 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 26.91 %. However, it did see a marginal increase of 7.21 % from the previous quarter. Expenses ticked up slightly by 5.16 % quarter-on-quarter, aligning with the annual rise of 24.89 %. Operating profit, while up 55.11 % compared to last year, faced a quarter-on-quarter increase of 37.2 %, 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 1.48 %, but an expansion of 1.78 % sequentially. Other income fell by -54.76 % compared to the last quarter, despite an annual decline of -71.94 %. Interest expenses surged remarkably by 36.73 % from the previous quarter, yet the year-over-year increase remains at a moderate 62.21 %. Depreciation costs climbed by 0.12 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 16.25 %. Profit before tax declined annually by -145.45 % but saw an increase from the preceding quarter by 29.27 %.
Tax expenses as a percentage of profits decreased slightly by -49.49 % compared to last year, with a more notable quarter-on-quarter increase of 180.37 %. Net profit fell by -153.39 % year-on-year but witnessed a -157.84 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -150 % but a quarterly fall of -156.25 %. In summary, Bodal Chemicals 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. 332.485 Cr | Rs. 393.587 Cr | Rs. 421.962 Cr | + 7.21 % | + 26.91 % |
Expenses | Rs. 310.28 Cr | Rs. 368.48 Cr | Rs. 387.51 Cr | + 5.16 % | + 24.89 % |
Operating Profit | Rs. 22.21 Cr | Rs. 25.11 Cr | Rs. 34.45 Cr | + 37.2 % | + 55.11 % |
Net Profit | Rs. 2.21 Cr | Rs. 2.04 Cr | Rs. -1.18 Cr | -157.84 % | -153.39 % |
EPS in Rs | Rs. 0.18 | Rs. 0.16 | Rs. -0.09 | -156.25 % | -150 % |
In reviewing Bodal Chemicals Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 26.91 % year-on-year growth, however, there was a minor increase of 7.21 % from the previous quarter. Expenses rose by 24.89 % compared to the previous year, with a 5.16 % increase quarter-on-quarter. Operating Profit surged by 55.11 % annually, and saw a 37.2 % increase from the last quarter.
Net Profit showed yearly decrease of -153.39 %, and experienced a -157.84 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -150 % annually, however dipped by -156.25 % compared to the last quarter. In essence, while Bodal Chemicals Limited faces strong annual decline indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.