Share the post "Betex India : Q4 2024 Financial Quarterly Report : YoY Sales Up 0.16 %, QoQ Down 9.96 %"
Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 0.16 % in the past year, decrease in net sales/revenue by -9.96 %.
- 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 80 %. Marginal decrease of -53.85% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Betex India Ltd.,. Profit dropped by -51.51 % Year to Year, Betex India Ltd.,’s profitability increased by 10.45 % in this quarter.
- EPS over the Year and quarter: EPS declined by -51.52 % Year to Year. EPS increased by 10.45 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 21.438 Cr | Rs. 23.846 Cr | Rs. 21.472 Cr | -9.96 % | + 0.16 % |
Expenses | Rs. 17.21 Cr | Rs. 22.08 Cr | Rs. 19.13 Cr | -13.36 % | + 11.16 % |
Operating Profit | Rs. 4.23 Cr | Rs. 1.77 Cr | Rs. 2.34 Cr | + 32.2 % | -44.68 % |
OPM % | 19.73 % | 7.42 % | 10.9 % | + 3.48 % | -8.83 % |
Other Income | Rs. 0.1 Cr | Rs. 0.39 Cr | Rs. 0.18 Cr | -53.85 % | + 80 % |
Interest | Rs. 0.32 Cr | Rs. 0.01 Cr | Rs. 0.6 Cr | + 5900 % | + 87.5 % |
Depreciation | Rs. 0.18 Cr | Rs. 0.22 Cr | Rs. 0.21 Cr | -4.55 % | + 16.67 % |
Profit before tax | Rs. 3.83 Cr | Rs. 1.93 Cr | Rs. 1.71 Cr | -11.4 % | -55.35 % |
Tax % | 26.69 % | 35.71 % | 20.71 % | -15 % | -5.98 % |
Net Profit | Rs. 2.81 Cr | Rs. 1.24 Cr | Rs. 1.36 Cr | + 9.68 % | -51.6 % |
EPS in Rs | Rs. 18.75 | Rs. 8.23 | Rs. 9.09 | + 10.45 % | -51.52 % |
Today, we’re looking at Betex India 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 0.16 %. However, it did see a marginal slip of -9.96 % from the previous quarter. Expenses decreased slightly by -13.36 % quarter-on-quarter, aligning with the annual rise of 11.16 %. Operating profit, while down -44.68 % compared to last year, faced a quarter-on-quarter increase of 32.2 %, 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 -8.83 %, but an expansion of 3.48 % sequentially. Other income fell by -53.85 % compared to the last quarter, despite an annual growth of 80 %. Interest expenses surged remarkably by 5900 % from the previous quarter, yet the year-over-year increase remains at a moderate 87.5 %. Depreciation costs fell by -4.55 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 16.67 %. Profit before tax declined annually by -55.35 % but saw a reduction from the preceding quarter by -11.4 %.
Tax expenses as a percentage of profits decreased slightly by -5.98 % compared to last year, with a more notable quarter-on-quarter decrease of -15 %. Net profit fell by -51.6 % year-on-year but experienced a 9.68 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -51.52 % but a quarterly rise of 10.45 %. In summary, Betex India 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. 21.438 Cr | Rs. 23.846 Cr | Rs. 21.472 Cr | -9.96 % | + 0.16 % |
Expenses | Rs. 17.21 Cr | Rs. 22.08 Cr | Rs. 19.13 Cr | -13.36 % | + 11.16 % |
Operating Profit | Rs. 4.23 Cr | Rs. 1.77 Cr | Rs. 2.34 Cr | + 32.2 % | -44.68 % |
Net Profit | Rs. 2.81 Cr | Rs. 1.24 Cr | Rs. 1.36 Cr | + 9.68 % | -51.6 % |
EPS in Rs | Rs. 18.75 | Rs. 8.23 | Rs. 9.09 | + 10.45 % | -51.52 % |
In reviewing Betex India Ltd.,’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 0.16 % year-on-year growth, although there was a slight dip of -9.96 % from the previous quarter. Expenses rose by 11.16 % compared to the previous year, with a decrease of -13.36 % quarter-on-quarter. Operating Profit dropped by -44.68 % annually, and saw a 32.2 % increase from the last quarter.
Net Profit showed yearly decrease of -51.6 %, and experienced a 9.68 % increase from the previous quarter. Earnings Per Share (EPS) fell by -51.52 % annually, however rose by 10.45 % compared to the last quarter. In essence, while Betex India 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.