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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 -27.73 % over the year, substantial increase in net sales/revenue by 51.54 %.
- Profit over the Year and quarter: Challenges in sustaining profitability for Bloom Dekor Ltd.. Profit dropped by -21.55 % Year to Year, Bloom Dekor Ltd.’s profitability increased by 506.67 % in this quarter.
- EPS over the Year and quarter: EPS declined by -7.14 % Year to Year. EPS increased by 550 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 1.839 Cr | Rs. 0.877 Cr | Rs. 1.329 Cr | + 51.54 % | -27.73 % |
Expenses | Rs. 1.96 Cr | Rs. 0.92 Cr | Rs. 1.45 Cr | + 57.61 % | -26.02 % |
Operating Profit | Rs. -0.12 Cr | Rs. -0.04 Cr | Rs. -0.12 Cr | -200 % | + 0 % |
OPM % | -6.53 % | -4.56 % | -9.03 % | -4.47 % | -2.5 % |
Other Income | Rs. 0.004 Cr | Rs. 0.004 Cr | Rs. 0 Cr | 0 % | 0 % |
Interest | Rs. 0.02 Cr | Rs. 0.02 Cr | Rs. 0.01 Cr | -50 % | -50 % |
Depreciation | Rs. 0.17 Cr | Rs. 0.03 Cr | Rs. 0.11 Cr | + 266.67 % | -35.29 % |
Profit before tax | Rs. -0.31 Cr | Rs. -0.09 Cr | Rs. -0.24 Cr | -166.67 % | + 22.58 % |
Tax % | -24.43 % | -65.48 % | -23.21 % | + 42.27 % | + 1.22 % |
Net Profit | Rs. -0.23 Cr | Rs. -0.03 Cr | Rs. -0.18 Cr | -500 % | + 21.74 % |
EPS in Rs | Rs. -0.28 | Rs. -0.04 | Rs. -0.26 | -550 % | + 7.14 % |
Today, we’re looking at Bloom Dekor Ltd.’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -27.73 %. However, it did see a marginal increase of 51.54 % from the previous quarter. Expenses ticked up slightly by 57.61 % quarter-on-quarter, aligning with the annual decline of -26.02 %. Operating profit, while up 0 % compared to last year, faced a quarter-on-quarter dip of -200 %, 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 -2.5 %, but a shrinkage of -4.47 % sequentially. Interest expenses dropped significantly by -50 % from the previous quarter, yet the year-over-year decrease remains at a moderate -50 %. Depreciation costs climbed by 266.67 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -35.29 %. Profit before tax grew annually by 22.58 % but saw a reduction from the preceding quarter by -166.67 %.
Tax expenses as a percentage of profits increased slightly by 1.22 % compared to last year, with a more notable quarter-on-quarter increase of 42.27 %. Net profit rose by 21.74 % year-on-year but witnessed a -500 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 7.14 % but a quarterly fall of -550 %. In summary, Bloom Dekor 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. 1.839 Cr | Rs. 0.877 Cr | Rs. 1.329 Cr | + 51.54 % | -27.73 % |
Expenses | Rs. 1.96 Cr | Rs. 0.92 Cr | Rs. 1.45 Cr | + 57.61 % | -26.02 % |
Operating Profit | Rs. -0.12 Cr | Rs. -0.04 Cr | Rs. -0.12 Cr | -200 % | + 0 % |
Net Profit | Rs. -0.23 Cr | Rs. -0.03 Cr | Rs. -0.18 Cr | -500 % | + 21.74 % |
EPS in Rs | Rs. -0.28 | Rs. -0.04 | Rs. -0.26 | -550 % | + 7.14 % |
In reviewing Bloom Dekor Ltd.’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -27.73 % year-on-year, however, there was a minor increase of 51.54 % from the previous quarter. Expenses decreased by -26.02 % compared to the previous year, with a 57.61 % increase quarter-on-quarter. Operating Profit surged by 0 % annually, and saw a -200 % decrease from the last quarter.
Net Profit showed yearly increase of 21.74 %, and experienced a -500 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 7.14 % annually, however dipped by -550 % compared to the last quarter. In essence, while Bloom Dekor 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.