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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 38.61 % in the past year, substantial increase in net sales/revenue by 2.68 %.
- 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 244.36 %. Marginal increase in other income during this quarter, up by 22.47%.
- Profit over the Year and quarter: Significant improvement in profitability for B L Kashyap and Sons Ltd. Notable increase of 103.34 % in net profit Year to Year, B L Kashyap and Sons Ltd’s profitability dropped by -14.43 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 104.55 % Year to Year. EPS decreased by -14.29 % 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. 252.734 Cr | Rs. 341.176 Cr | Rs. 350.308 Cr | + 2.68 % | + 38.61 % |
Expenses | Rs. 228.17 Cr | Rs. 308.09 Cr | Rs. 318.59 Cr | + 3.41 % | + 39.63 % |
Operating Profit | Rs. 24.56 Cr | Rs. 33.09 Cr | Rs. 31.72 Cr | -4.14 % | + 29.15 % |
OPM % | 9.72 % | 9.7 % | 9.05 % | -0.65 % | -0.67 % |
Other Income | Rs. 2.705 Cr | Rs. 7.606 Cr | Rs. 9.315 Cr | + 22.47 % | + 244.36 % |
Interest | Rs. 10.98 Cr | Rs. 15.48 Cr | Rs. 11.39 Cr | -26.42 % | + 3.73 % |
Depreciation | Rs. 2.43 Cr | Rs. 2.78 Cr | Rs. 2.89 Cr | + 3.96 % | + 18.93 % |
Profit before tax | Rs. 13.86 Cr | Rs. 22.44 Cr | Rs. 26.76 Cr | + 19.25 % | + 93.07 % |
Tax % | 28.18 % | 5.49 % | 24.31 % | + 18.82 % | -3.87 % |
Net Profit | Rs. 9.96 Cr | Rs. 23.66 Cr | Rs. 20.25 Cr | -14.41 % | + 103.31 % |
EPS in Rs | Rs. 0.44 | Rs. 1.05 | Rs. 0.9 | -14.29 % | + 104.55 % |
Today, we’re looking at B L Kashyap and Sons Ltd’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 38.61 %. However, it did see a marginal increase of 2.68 % from the previous quarter. Expenses ticked up slightly by 3.41 % quarter-on-quarter, aligning with the annual rise of 39.63 %. Operating profit, while up 29.15 % compared to last year, faced a quarter-on-quarter dip of -4.14 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -0.67 %, but a shrinkage of -0.65 % sequentially. Other income rose by 22.47 % compared to the last quarter, despite an annual growth of 244.36 %. Interest expenses dropped significantly by -26.42 % from the previous quarter, yet the year-over-year increase remains at a moderate 3.73 %. Depreciation costs climbed by 3.96 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 18.93 %. Profit before tax grew annually by 93.07 % but saw an increase from the preceding quarter by 19.25 %.
Tax expenses as a percentage of profits decreased slightly by -3.87 % compared to last year, with a more notable quarter-on-quarter increase of 18.82 %. Net profit rose by 103.31 % year-on-year but witnessed a -14.41 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 104.55 % but a quarterly fall of -14.29 %. In summary, B L Kashyap and Sons 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. 252.734 Cr | Rs. 341.176 Cr | Rs. 350.308 Cr | + 2.68 % | + 38.61 % |
Expenses | Rs. 228.17 Cr | Rs. 308.09 Cr | Rs. 318.59 Cr | + 3.41 % | + 39.63 % |
Operating Profit | Rs. 24.56 Cr | Rs. 33.09 Cr | Rs. 31.72 Cr | -4.14 % | + 29.15 % |
Net Profit | Rs. 9.96 Cr | Rs. 23.66 Cr | Rs. 20.25 Cr | -14.41 % | + 103.31 % |
EPS in Rs | Rs. 0.44 | Rs. 1.05 | Rs. 0.9 | -14.29 % | + 104.55 % |
In reviewing B L Kashyap and Sons Ltd’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 38.61 % year-on-year growth, however, there was a minor increase of 2.68 % from the previous quarter. Expenses rose by 39.63 % compared to the previous year, with a 3.41 % increase quarter-on-quarter. Operating Profit surged by 29.15 % annually, and saw a -4.14 % decrease from the last quarter.
Net Profit showed yearly increase of 103.31 %, and experienced a -14.41 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 104.55 % annually, however dipped by -14.29 % compared to the last quarter. In essence, while B L Kashyap and Sons Ltd exhibits strong annual growth indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.