Share the post "Bansal Roofing Products : Q4 2024 Financial Quarterly Report : YoY Sales Down 2.05 %, QoQ Down 6.16 %"
Highlights
- Sales over the Year and quarter: The company’s sales declined by -2.05 % over the year, decrease in net sales/revenue by -6.16 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -71.43 %, Marginal decrease of -66.67% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Bansal Roofing Products Limited. Profit dropped by -43.38 % Year to Year, Bansal Roofing Products Limited’s profitability increased by 1.68 % in this quarter.
- EPS over the Year and quarter: EPS declined by -42.86 % Year to Year. EPS increased by 1.69 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 24.58 Cr | Rs. 25.657 Cr | Rs. 24.076 Cr | -6.16 % | -2.05 % |
| Expenses | Rs. 22.37 Cr | Rs. 24.18 Cr | Rs. 22.53 Cr | -6.82 % | + 0.72 % |
| Operating Profit | Rs. 2.21 Cr | Rs. 1.48 Cr | Rs. 1.55 Cr | + 4.73 % | -29.86 % |
| OPM % | 8.99 % | 5.77 % | 6.44 % | + 0.67 % | -2.55 % |
| Other Income | Rs. 0.07 Cr | Rs. 0.06 Cr | Rs. 0.02 Cr | -66.67 % | -71.43 % |
| Interest | Rs. 0.15 Cr | Rs. 0.13 Cr | Rs. 0.13 Cr | + 0 % | -13.33 % |
| Depreciation | Rs. 0.26 Cr | Rs. 0.34 Cr | Rs. 0.32 Cr | -5.88 % | + 23.08 % |
| Profit before tax | Rs. 1.87 Cr | Rs. 1.07 Cr | Rs. 1.12 Cr | + 4.67 % | -40.11 % |
| Tax % | 25.67 % | 27.16 % | 29.23 % | + 2.07 % | + 3.56 % |
| Net Profit | Rs. 1.39 Cr | Rs. 0.77 Cr | Rs. 0.79 Cr | + 2.6 % | -43.17 % |
| EPS in Rs | Rs. 1.05 | Rs. 0.59 | Rs. 0.6 | + 1.69 % | -42.86 % |
Today, we’re looking at Bansal Roofing Products Limited’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -2.05 %. However, it did see a marginal slip of -6.16 % from the previous quarter. Expenses decreased slightly by -6.82 % quarter-on-quarter, aligning with the annual rise of 0.72 %. Operating profit, while down -29.86 % compared to last year, faced a quarter-on-quarter increase of 4.73 %, 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 -2.55 %, but an expansion of 0.67 % sequentially. Other income fell by -66.67 % compared to the last quarter, despite an annual decline of -71.43 %. Interest expenses surged remarkably by 0 % from the previous quarter, yet the year-over-year decrease remains at a moderate -13.33 %. Depreciation costs fell by -5.88 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 23.08 %. Profit before tax declined annually by -40.11 % but saw an increase from the preceding quarter by 4.67 %.
Tax expenses as a percentage of profits increased slightly by 3.56 % compared to last year, with a more notable quarter-on-quarter increase of 2.07 %. Net profit fell by -43.17 % year-on-year but experienced a 2.6 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -42.86 % but a quarterly rise of 1.69 %. In summary, Bansal Roofing Products 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. 24.58 Cr | Rs. 25.657 Cr | Rs. 24.076 Cr | -6.16 % | -2.05 % |
| Expenses | Rs. 22.37 Cr | Rs. 24.18 Cr | Rs. 22.53 Cr | -6.82 % | + 0.72 % |
| Operating Profit | Rs. 2.21 Cr | Rs. 1.48 Cr | Rs. 1.55 Cr | + 4.73 % | -29.86 % |
| Net Profit | Rs. 1.39 Cr | Rs. 0.77 Cr | Rs. 0.79 Cr | + 2.6 % | -43.17 % |
| EPS in Rs | Rs. 1.05 | Rs. 0.59 | Rs. 0.6 | + 1.69 % | -42.86 % |
In reviewing Bansal Roofing Products Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -2.05 % year-on-year, although there was a slight dip of -6.16 % from the previous quarter. Expenses rose by 0.72 % compared to the previous year, with a decrease of -6.82 % quarter-on-quarter. Operating Profit dropped by -29.86 % annually, and saw a 4.73 % increase from the last quarter.
Net Profit showed yearly decrease of -43.17 %, and experienced a 2.6 % increase from the previous quarter. Earnings Per Share (EPS) fell by -42.86 % annually, however rose by 1.69 % compared to the last quarter. In essence, while Bansal Roofing Products 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.
16
3-Year Profit
10
5-Year Profit
19
10-Year Profit
84.0
Current Price
111
Market Cap
The company associated with BSE code 538546 presents a financial narrative of mixed fortunes. Over a five-year period, the company achieved a profit of 10 percents, which subsequently rose to 16 percents over the three years that followed. Yet, despite this initial growth, the company now faces a troubling trailing twelve-month (TTM) profit loss of -29 percents. What’s particularly striking is the company’s complete absence of reported sales across all analyzed periods, which brings into question the viability of its revenue generation strategies and long-term business sustainability. Moreover, stock prices have been highly volatile, reflecting the company’s uncertain future. While the stock was valued at 81 percents over the last five years, it has recently dropped to 42 percents, underscoring a rapid decline in market confidence. Over the longer ten-year period, the stock price was at 36 percents, illustrating a pattern of fluctuating performance that could pose risks for potential investors.
Currently valued at ₹111 crore, the company's stock price stands at ₹84.0. Over the years, it has seen significant fluctuations, with its price ranging from ₹129 / 67.8, a reflection of its sensitivity to market conditions and investor sentiment. The stock's Price-to-Earnings (P/E) ratio, currently at 31.2, suggests that it is highly valued in comparison to its earnings, possibly indicating strong future growth expectations or a high level of investor confidence. The book value per share is ₹20.9, which represents the net asset value of the company per share. The dividend yield of 0.00% provides some return to investors, though it may not be the primary attraction for those investing in the stock. The company's Return on Capital Employed (ROCE) is 17.2%, pointing to efficient use of its capital base to generate profits. The Return on Equity (ROE), at 13.7%, highlights the profitability for shareholders. The company's financial health is further underscored by its very low debt-to-equity ratio of 0.16, signaling conservative financial management. However, the net cash flow is negative at ₹-0.73 crore, indicating possible liquidity concerns or heavy investment. The Piotroski score of 6.00 provides a snapshot of its financial stability, while the Graham Number, estimated at ₹35.6, offers an intrinsic value benchmark. With a Price-to-Book (P/B) ratio of 3.99, the stock seems to be trading at a premium relative to its book value, which could signal strong market expectations or overvaluation risks.
