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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 7 % in the past year, substantial increase in net sales/revenue by 41.97 %.
- 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 138.07 %. Marginal increase in other income during this quarter, up by 1.03%.
- Profit over the Year and quarter: Significant improvement in profitability for Bharat Dynamics Limited. Notable increase of 89.04 % in net profit Year to Year, Bharat Dynamics Limited’s profitability increased by 113.85 % in this quarter.
- EPS over the Year and quarter: EPS declined by -5.40 % Year to Year. EPS increased by 6.92 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 798.257 Cr | Rs. 601.62 Cr | Rs. 854.122 Cr | + 41.97 % | + 7 % |
| Expenses | Rs. 614.83 Cr | Rs. 482.87 Cr | Rs. 537.71 Cr | + 11.36 % | -12.54 % |
| Operating Profit | Rs. 183.43 Cr | Rs. 118.75 Cr | Rs. 316.41 Cr | + 166.45 % | + 72.5 % |
| OPM % | 22.98 % | 19.74 % | 37.05 % | + 17.31 % | + 14.07 % |
| Other Income | Rs. 37.17 Cr | Rs. 87.59 Cr | Rs. 88.49 Cr | + 1.03 % | + 138.07 % |
| Interest | Rs. 0.85 Cr | Rs. 0.78 Cr | Rs. 0.77 Cr | -1.28 % | -9.41 % |
| Depreciation | Rs. 13.94 Cr | Rs. 16.47 Cr | Rs. 16.25 Cr | -1.34 % | + 16.57 % |
| Profit before tax | Rs. 205.81 Cr | Rs. 189.09 Cr | Rs. 387.88 Cr | + 105.13 % | + 88.47 % |
| Tax % | 25.78 % | 28.59 % | 25.55 % | -3.04 % | -0.23 % |
| Net Profit | Rs. 152.76 Cr | Rs. 135.03 Cr | Rs. 288.78 Cr | + 113.86 % | + 89.04 % |
| EPS in Rs | Rs. 8.33 | Rs. 7.37 | Rs. 7.88 | + 6.92 % | -5.4 % |
Today, we’re looking at Bharat Dynamics Limited’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 7 %. However, it did see a marginal increase of 41.97 % from the previous quarter. Expenses ticked up slightly by 11.36 % quarter-on-quarter, aligning with the annual decline of -12.54 %. Operating profit, while up 72.5 % compared to last year, faced a quarter-on-quarter increase of 166.45 %, 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 14.07 %, but an expansion of 17.31 % sequentially. Other income rose by 1.03 % compared to the last quarter, despite an annual growth of 138.07 %. Interest expenses dropped significantly by -1.28 % from the previous quarter, yet the year-over-year decrease remains at a moderate -9.41 %. Depreciation costs fell by -1.34 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 16.57 %. Profit before tax grew annually by 88.47 % but saw an increase from the preceding quarter by 105.13 %.
Tax expenses as a percentage of profits decreased slightly by -0.23 % compared to last year, with a more notable quarter-on-quarter decrease of -3.04 %. Net profit rose by 89.04 % year-on-year but experienced a 113.86 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -5.4 % but a quarterly rise of 6.92 %. In summary, Bharat Dynamics Limited’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. 798.257 Cr | Rs. 601.62 Cr | Rs. 854.122 Cr | + 41.97 % | + 7 % |
| Expenses | Rs. 614.83 Cr | Rs. 482.87 Cr | Rs. 537.71 Cr | + 11.36 % | -12.54 % |
| Operating Profit | Rs. 183.43 Cr | Rs. 118.75 Cr | Rs. 316.41 Cr | + 166.45 % | + 72.5 % |
| Net Profit | Rs. 152.76 Cr | Rs. 135.03 Cr | Rs. 288.78 Cr | + 113.86 % | + 89.04 % |
| EPS in Rs | Rs. 8.33 | Rs. 7.37 | Rs. 7.88 | + 6.92 % | -5.4 % |
In reviewing Bharat Dynamics Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 7 % year-on-year growth, however, there was a minor increase of 41.97 % from the previous quarter. Expenses decreased by -12.54 % compared to the previous year, with a 11.36 % increase quarter-on-quarter. Operating Profit surged by 72.5 % annually, and saw a 166.45 % increase from the last quarter.
Net Profit showed yearly increase of 89.04 %, and experienced a 113.86 % increase from the previous quarter. Earnings Per Share (EPS) fell by -5.4 % annually, however rose by 6.92 % compared to the last quarter. In essence, while Bharat Dynamics Limited 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.
