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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 7.39 % in the past year, decrease in net sales/revenue by -10.86 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -15.49 %, Marginal decrease of -44.01% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Balkrishna Industries Ltd.,. Profit dropped by -0.14 % Year to Year, Balkrishna Industries Ltd.,’s profitability dropped by -29.19 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -0.11 % Year to Year. EPS decreased by -29.19 % 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. 2253.19 Cr | Rs. 2714.5 Cr | Rs. 2419.74 Cr | -10.86 % | + 7.39 % |
Expenses | Rs. 1720.48 Cr | Rs. 2050.89 Cr | Rs. 1839.95 Cr | -10.29 % | + 6.94 % |
Operating Profit | Rs. 532.71 Cr | Rs. 663.61 Cr | Rs. 579.79 Cr | -12.63 % | + 8.84 % |
OPM % | 23.64 % | 24.45 % | 23.96 % | -0.49 % | + 0.32 % |
Other Income | Rs. 107.09 Cr | Rs. 161.63 Cr | Rs. 90.5 Cr | -44.01 % | -15.49 % |
Interest | Rs. 23.85 Cr | Rs. 21.92 Cr | Rs. 41.21 Cr | + 88 % | + 72.79 % |
Depreciation | Rs. 160.43 Cr | Rs. 163.4 Cr | Rs. 166.44 Cr | + 1.86 % | + 3.75 % |
Profit before tax | Rs. 455.52 Cr | Rs. 639.92 Cr | Rs. 462.64 Cr | -27.7 % | + 1.56 % |
Tax % | 23.73 % | 23.43 % | 25.01 % | + 1.58 % | + 1.28 % |
Net Profit | Rs. 347.44 Cr | Rs. 489.99 Cr | Rs. 346.94 Cr | -29.19 % | -0.14 % |
EPS in Rs | Rs. 17.97 | Rs. 25.35 | Rs. 17.95 | -29.19 % | -0.11 % |
Today, we’re looking at Balkrishna Industries Ltd.,’s financial performance for the Q2(Sep 2024-25).Starting with the top line, the company reported a robust year-over-year sales growth of 7.39 %. However, it did see a marginal slip of -10.86 % from the previous quarter. Expenses decreased slightly by -10.29 % quarter-on-quarter, aligning with the annual rise of 6.94 %. Operating profit, while up 8.84 % compared to last year, faced a quarter-on-quarter dip of -12.63 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 0.32 %, but a shrinkage of -0.49 % sequentially. Other income fell by -44.01 % compared to the last quarter, despite an annual decline of -15.49 %. Interest expenses surged remarkably by 88 % from the previous quarter, yet the year-over-year increase remains at a moderate 72.79 %. Depreciation costs climbed by 1.86 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 3.75 %. Profit before tax grew annually by 1.56 % but saw a reduction from the preceding quarter by -27.7 %.
Tax expenses as a percentage of profits increased slightly by 1.28 % compared to last year, with a more notable quarter-on-quarter increase of 1.58 %. Net profit fell by -0.14 % year-on-year but witnessed a -29.19 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -0.11 % but a quarterly fall of -29.19 %. In summary, Balkrishna Industries 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. 2253.19 Cr | Rs. 2714.5 Cr | Rs. 2419.74 Cr | -10.86 % | + 7.39 % |
Expenses | Rs. 1720.48 Cr | Rs. 2050.89 Cr | Rs. 1839.95 Cr | -10.29 % | + 6.94 % |
Operating Profit | Rs. 532.71 Cr | Rs. 663.61 Cr | Rs. 579.79 Cr | -12.63 % | + 8.84 % |
Net Profit | Rs. 347.44 Cr | Rs. 489.99 Cr | Rs. 346.94 Cr | -29.19 % | -0.14 % |
EPS in Rs | Rs. 17.97 | Rs. 25.35 | Rs. 17.95 | -29.19 % | -0.11 % |
In reviewing Balkrishna Industries Ltd.,’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 7.39 % year-on-year growth, although there was a slight dip of -10.86 % from the previous quarter. Expenses rose by 6.94 % compared to the previous year, with a decrease of -10.29 % quarter-on-quarter. Operating Profit surged by 8.84 % annually, and saw a -12.63 % decrease from the last quarter.
Net Profit showed yearly decrease of -0.14 %, and experienced a -29.19 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -0.11 % annually, however dipped by -29.19 % compared to the last quarter. In essence, while Balkrishna Industries Ltd., 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.
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