Share the post "Bharat Heavy Electricals : Q4 2024 Financial Quarterly Report : YoY Sales Up 0.4 %, QoQ Up 50.08 %"
Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 0.4 % in the past year, substantial increase in net sales/revenue by 50.08 %.
- 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 36.68 %. Marginal increase in other income during this quarter, up by 44.04%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Bharat Heavy Electricals Ltd.,. Profit dropped by -19.87 % Year to Year, Bharat Heavy Electricals Ltd.,’s profitability dropped by -429.11 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -19.43 % Year to Year. EPS decreased by -427.91 % 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. 8226.99 Cr | Rs. 5503.81 Cr | Rs. 8260.25 Cr | + 50.08 % | + 0.4 % |
| Expenses | Rs. 7240.84 Cr | Rs. 5566.67 Cr | Rs. 7532.39 Cr | + 35.31 % | + 4.03 % |
| Operating Profit | Rs. 986.15 Cr | Rs. -62.86 Cr | Rs. 727.86 Cr | + 1257.91 % | -26.19 % |
| OPM % | 11.99 % | -1.14 % | 8.81 % | + 9.95 % | -3.18 % |
| Other Income | Rs. 124.51 Cr | Rs. 118.15 Cr | Rs. 170.18 Cr | + 44.04 % | + 36.68 % |
| Interest | Rs. 161.06 Cr | Rs. 189.6 Cr | Rs. 193.32 Cr | + 1.96 % | + 20.03 % |
| Depreciation | Rs. 72.57 Cr | Rs. 60.6 Cr | Rs. 68.4 Cr | + 12.87 % | -5.75 % |
| Profit before tax | Rs. 877.03 Cr | Rs. -194.91 Cr | Rs. 636.32 Cr | + 426.47 % | -27.45 % |
| Tax % | 30.79 % | -21.24 % | 23.56 % | + 44.8 % | -7.23 % |
| Net Profit | Rs. 611 Cr | Rs. -148.77 Cr | Rs. 489.62 Cr | + 429.11 % | -19.87 % |
| EPS in Rs | Rs. 1.75 | Rs. -0.43 | Rs. 1.41 | + 427.91 % | -19.43 % |
Today, we’re looking at Bharat Heavy Electricals Ltd.,’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 0.4 %. However, it did see a marginal increase of 50.08 % from the previous quarter. Expenses ticked up slightly by 35.31 % quarter-on-quarter, aligning with the annual rise of 4.03 %. Operating profit, while down -26.19 % compared to last year, faced a quarter-on-quarter increase of 1257.91 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -3.18 %, but an expansion of 9.95 % sequentially. Other income rose by 44.04 % compared to the last quarter, despite an annual growth of 36.68 %. Interest expenses surged remarkably by 1.96 % from the previous quarter, yet the year-over-year increase remains at a moderate 20.03 %. Depreciation costs climbed by 12.87 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -5.75 %. Profit before tax declined annually by -27.45 % but saw an increase from the preceding quarter by 426.47 %.
Tax expenses as a percentage of profits decreased slightly by -7.23 % compared to last year, with a more notable quarter-on-quarter increase of 44.8 %. Net profit fell by -19.87 % year-on-year but experienced a 429.11 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -19.43 % but a quarterly rise of 427.91 %. In summary, Bharat Heavy Electricals 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. 8226.99 Cr | Rs. 5503.81 Cr | Rs. 8260.25 Cr | + 50.08 % | + 0.4 % |
| Expenses | Rs. 7240.84 Cr | Rs. 5566.67 Cr | Rs. 7532.39 Cr | + 35.31 % | + 4.03 % |
| Operating Profit | Rs. 986.15 Cr | Rs. -62.86 Cr | Rs. 727.86 Cr | + 1257.91 % | -26.19 % |
| Net Profit | Rs. 611 Cr | Rs. -148.77 Cr | Rs. 489.62 Cr | + 429.11 % | -19.87 % |
| EPS in Rs | Rs. 1.75 | Rs. -0.43 | Rs. 1.41 | + 427.91 % | -19.43 % |
In reviewing Bharat Heavy Electricals Ltd.,’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 0.4 % year-on-year growth, however, there was a minor increase of 50.08 % from the previous quarter. Expenses rose by 4.03 % compared to the previous year, with a 35.31 % increase quarter-on-quarter. Operating Profit dropped by -26.19 % annually, and saw a 1257.91 % increase from the last quarter.
Net Profit showed yearly decrease of -19.87 %, and experienced a 429.11 % increase from the previous quarter. Earnings Per Share (EPS) fell by -19.43 % annually, however rose by 427.91 % compared to the last quarter. In essence, while Bharat Heavy Electricals Ltd., faces strong annual decline 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.
