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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 2.48 % in the past year, decrease in net sales/revenue by -11.69 %.
- 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 120.54 %. Marginal increase in other income during this quarter, up by 98.19%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Bata India Limited. Profit dropped by -3.01 % Year to Year, Bata India Limited’s profitability increased by 9.78 % in this quarter.
- EPS over the Year and quarter: EPS declined by -3.13 % Year to Year. EPS increased by 9.76 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 778.585 Cr | Rs. 903.472 Cr | Rs. 797.871 Cr | -11.69 % | + 2.48 % |
Expenses | Rs. 596.52 Cr | Rs. 721.03 Cr | Rs. 615.58 Cr | -14.62 % | + 3.2 % |
Operating Profit | Rs. 182.07 Cr | Rs. 182.44 Cr | Rs. 182.29 Cr | -0.08 % | + 0.12 % |
OPM % | 23.38 % | 20.19 % | 22.85 % | + 2.66 % | -0.53 % |
Other Income | Rs. 9.93 Cr | Rs. 11.05 Cr | Rs. 21.9 Cr | + 98.19 % | + 120.54 % |
Interest | Rs. 27.21 Cr | Rs. 29.46 Cr | Rs. 30.96 Cr | + 5.09 % | + 13.78 % |
Depreciation | Rs. 76.5 Cr | Rs. 85.99 Cr | Rs. 90.29 Cr | + 5 % | + 18.03 % |
Profit before tax | Rs. 88.29 Cr | Rs. 78.04 Cr | Rs. 82.94 Cr | + 6.28 % | -6.06 % |
Tax % | 25.68 % | 25.7 % | 23.25 % | -2.45 % | -2.43 % |
Net Profit | Rs. 65.62 Cr | Rs. 57.98 Cr | Rs. 63.65 Cr | + 9.78 % | -3 % |
EPS in Rs | Rs. 5.11 | Rs. 4.51 | Rs. 4.95 | + 9.76 % | -3.13 % |
Today, we’re looking at Bata India 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 2.48 %. However, it did see a marginal slip of -11.69 % from the previous quarter. Expenses decreased slightly by -14.62 % quarter-on-quarter, aligning with the annual rise of 3.2 %. Operating profit, while up 0.12 % compared to last year, faced a quarter-on-quarter dip of -0.08 %, 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 -0.53 %, but an expansion of 2.66 % sequentially. Other income rose by 98.19 % compared to the last quarter, despite an annual growth of 120.54 %. Interest expenses surged remarkably by 5.09 % from the previous quarter, yet the year-over-year increase remains at a moderate 13.78 %. Depreciation costs climbed by 5 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 18.03 %. Profit before tax declined annually by -6.06 % but saw an increase from the preceding quarter by 6.28 %.
Tax expenses as a percentage of profits decreased slightly by -2.43 % compared to last year, with a more notable quarter-on-quarter decrease of -2.45 %. Net profit fell by -3 % year-on-year but experienced a 9.78 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -3.13 % but a quarterly rise of 9.76 %. In summary, Bata India 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. 778.585 Cr | Rs. 903.472 Cr | Rs. 797.871 Cr | -11.69 % | + 2.48 % |
Expenses | Rs. 596.52 Cr | Rs. 721.03 Cr | Rs. 615.58 Cr | -14.62 % | + 3.2 % |
Operating Profit | Rs. 182.07 Cr | Rs. 182.44 Cr | Rs. 182.29 Cr | -0.08 % | + 0.12 % |
Net Profit | Rs. 65.62 Cr | Rs. 57.98 Cr | Rs. 63.65 Cr | + 9.78 % | -3 % |
EPS in Rs | Rs. 5.11 | Rs. 4.51 | Rs. 4.95 | + 9.76 % | -3.13 % |
In reviewing Bata India Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 2.48 % year-on-year growth, although there was a slight dip of -11.69 % from the previous quarter. Expenses rose by 3.2 % compared to the previous year, with a decrease of -14.62 % quarter-on-quarter. Operating Profit surged by 0.12 % annually, and saw a -0.08 % decrease from the last quarter.
Net Profit showed yearly decrease of -3 %, and experienced a 9.78 % increase from the previous quarter. Earnings Per Share (EPS) fell by -3.13 % annually, however rose by 9.76 % compared to the last quarter. In essence, while Bata India Limited 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.