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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 -70.99 % over the year, decrease in net sales/revenue by -75.97 %.
- 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 3668.49 %. Marginal increase in other income during this quarter, up by 34396.15%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Balkrishna Paper Mills Limited. Profit dropped by -181.64 % Year to Year, Balkrishna Paper Mills Limited’s profitability dropped by -121.24 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -131.29 % Year to Year. EPS decreased by -108.14 % 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. 1.303 Cr | Rs. 1.573 Cr | Rs. 0.378 Cr | -75.97 % | -70.99 % |
| Expenses | Rs. 4.46 Cr | Rs. 2.24 Cr | Rs. 1.02 Cr | -54.46 % | -77.13 % |
| Operating Profit | Rs. -3.16 Cr | Rs. -0.67 Cr | Rs. -0.64 Cr | + 4.48 % | + 79.75 % |
| OPM % | -242.52 % | -42.59 % | -169.31 % | -126.72 % | + 73.21 % |
| Other Income | Rs. 0.238 Cr | Rs. 0.026 Cr | Rs. 8.969 Cr | + 34396.15 % | + 3668.49 % |
| Interest | Rs. 2.88 Cr | Rs. 2.66 Cr | Rs. 1.85 Cr | -30.45 % | -35.76 % |
| Depreciation | Rs. 1.45 Cr | Rs. 0.37 Cr | Rs. 0.34 Cr | -8.11 % | -76.55 % |
| Profit before tax | Rs. -7.25 Cr | Rs. -3.67 Cr | Rs. 6.14 Cr | + 267.3 % | + 184.69 % |
| Tax % | -3.78 % | -0.07 % | 0 % | + 0.07 % | + 3.78 % |
| Net Profit | Rs. -7.52 Cr | Rs. -28.9 Cr | Rs. 6.14 Cr | + 121.25 % | + 181.65 % |
| EPS in Rs | Rs. -7 | Rs. -26.91 | Rs. 2.19 | + 108.14 % | + 131.29 % |
Today, we’re looking at Balkrishna Paper Mills 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 -70.99 %. However, it did see a marginal slip of -75.97 % from the previous quarter. Expenses decreased slightly by -54.46 % quarter-on-quarter, aligning with the annual decline of -77.13 %. Operating profit, while up 79.75 % compared to last year, faced a quarter-on-quarter increase of 4.48 %, 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 73.21 %, but a shrinkage of -126.72 % sequentially. Other income rose by 34396.15 % compared to the last quarter, despite an annual growth of 3668.49 %. Interest expenses dropped significantly by -30.45 % from the previous quarter, yet the year-over-year decrease remains at a moderate -35.76 %. Depreciation costs fell by -8.11 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -76.55 %. Profit before tax grew annually by 184.69 % but saw an increase from the preceding quarter by 267.3 %.
Tax expenses as a percentage of profits increased slightly by 3.78 % compared to last year, with a more notable quarter-on-quarter increase of 0.07 %. Net profit rose by 181.65 % year-on-year but experienced a 121.25 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 131.29 % but a quarterly rise of 108.14 %. In summary, Balkrishna Paper Mills 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. 1.303 Cr | Rs. 1.573 Cr | Rs. 0.378 Cr | -75.97 % | -70.99 % |
| Expenses | Rs. 4.46 Cr | Rs. 2.24 Cr | Rs. 1.02 Cr | -54.46 % | -77.13 % |
| Operating Profit | Rs. -3.16 Cr | Rs. -0.67 Cr | Rs. -0.64 Cr | + 4.48 % | + 79.75 % |
| Net Profit | Rs. -7.52 Cr | Rs. -28.9 Cr | Rs. 6.14 Cr | + 121.25 % | + 181.65 % |
| EPS in Rs | Rs. -7 | Rs. -26.91 | Rs. 2.19 | + 108.14 % | + 131.29 % |
In reviewing Balkrishna Paper Mills Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -70.99 % year-on-year, although there was a slight dip of -75.97 % from the previous quarter. Expenses decreased by -77.13 % compared to the previous year, with a decrease of -54.46 % quarter-on-quarter. Operating Profit surged by 79.75 % annually, and saw a 4.48 % increase from the last quarter.
Net Profit showed yearly increase of 181.65 %, and experienced a 121.25 % increase from the previous quarter. Earnings Per Share (EPS) rose by 131.29 % annually, however rose by 108.14 % compared to the last quarter. In essence, while Balkrishna Paper Mills 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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