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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 17.92 % in the past year, substantial increase in net sales/revenue by 5.52 %.
- 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 21.92 %. Marginal increase in other income during this quarter, up by 1.12%.
- Profit over the Year and quarter: Significant improvement in profitability for B.N.Rathi Securities Ltd.. Notable increase of 26.15 % in net profit Year to Year, B.N.Rathi Securities Ltd.’s profitability increased by 14.41 % in this quarter.
- EPS over the Year and quarter: EPS increased by 3.46 % Year to Year. EPS increased by 10.83 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 12.19 Cr | Rs. 13.623 Cr | Rs. 14.375 Cr | + 5.52 % | + 17.92 % |
Expenses | Rs. 10.02 Cr | Rs. 11.48 Cr | Rs. 11.63 Cr | + 1.31 % | + 16.07 % |
Operating Profit | Rs. 2.17 Cr | Rs. 2.14 Cr | Rs. 2.75 Cr | + 28.5 % | + 26.73 % |
OPM % | 17.8 % | 15.71 % | 19.13 % | + 3.42 % | + 1.33 % |
Other Income | Rs. 2.372 Cr | Rs. 2.86 Cr | Rs. 2.892 Cr | + 1.12 % | + 21.92 % |
Interest | Rs. 0.23 Cr | Rs. 0.28 Cr | Rs. 0.21 Cr | -25 % | -8.7 % |
Depreciation | Rs. 0.08 Cr | Rs. 0.16 Cr | Rs. 0.17 Cr | + 6.25 % | + 112.5 % |
Profit before tax | Rs. 4.23 Cr | Rs. 4.56 Cr | Rs. 5.26 Cr | + 15.35 % | + 24.35 % |
Tax % | 25.29 % | 23.7 % | 24.3 % | + 0.6 % | -0.99 % |
Net Profit | Rs. 3.16 Cr | Rs. 3.48 Cr | Rs. 3.99 Cr | + 14.66 % | + 26.27 % |
EPS in Rs | Rs. 3.76 | Rs. 3.51 | Rs. 3.89 | + 10.83 % | + 3.46 % |
Today, we’re looking at B.N.Rathi Securities 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 17.92 %. However, it did see a marginal increase of 5.52 % from the previous quarter. Expenses ticked up slightly by 1.31 % quarter-on-quarter, aligning with the annual rise of 16.07 %. Operating profit, while up 26.73 % compared to last year, faced a quarter-on-quarter increase of 28.5 %, 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 1.33 %, but an expansion of 3.42 % sequentially. Other income rose by 1.12 % compared to the last quarter, despite an annual growth of 21.92 %. Interest expenses dropped significantly by -25 % from the previous quarter, yet the year-over-year decrease remains at a moderate -8.7 %. Depreciation costs climbed by 6.25 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 112.5 %. Profit before tax grew annually by 24.35 % but saw an increase from the preceding quarter by 15.35 %.
Tax expenses as a percentage of profits decreased slightly by -0.99 % compared to last year, with a more notable quarter-on-quarter increase of 0.6 %. Net profit rose by 26.27 % year-on-year but experienced a 14.66 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 3.46 % but a quarterly rise of 10.83 %. In summary, B.N.Rathi Securities 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. 12.19 Cr | Rs. 13.623 Cr | Rs. 14.375 Cr | + 5.52 % | + 17.92 % |
Expenses | Rs. 10.02 Cr | Rs. 11.48 Cr | Rs. 11.63 Cr | + 1.31 % | + 16.07 % |
Operating Profit | Rs. 2.17 Cr | Rs. 2.14 Cr | Rs. 2.75 Cr | + 28.5 % | + 26.73 % |
Net Profit | Rs. 3.16 Cr | Rs. 3.48 Cr | Rs. 3.99 Cr | + 14.66 % | + 26.27 % |
EPS in Rs | Rs. 3.76 | Rs. 3.51 | Rs. 3.89 | + 10.83 % | + 3.46 % |
In reviewing B.N.Rathi Securities Ltd.’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 17.92 % year-on-year growth, however, there was a minor increase of 5.52 % from the previous quarter. Expenses rose by 16.07 % compared to the previous year, with a 1.31 % increase quarter-on-quarter. Operating Profit surged by 26.73 % annually, and saw a 28.5 % increase from the last quarter.
Net Profit showed yearly increase of 26.27 %, and experienced a 14.66 % increase from the previous quarter. Earnings Per Share (EPS) rose by 3.46 % annually, however rose by 10.83 % compared to the last quarter. In essence, while B.N.Rathi Securities Ltd. 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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