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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 29.41% in the past year Decrease in net sales/revenue by -5.02%
- Income over the Year and quarter: There has been decline in other income over the past year which is -25.35% Marginal increase in other income during this quarter, up by 24.58%.
- Profit over the Year and quarter: Significant improvement in profitability for Bajaj Auto Limited. Notable increase of 17.99% in net profit Year to YearBajaj Auto Limited’s profitability dropped by -1.04% Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 18.08% Year to Year.EPS decreased by -0.97%. Analysis needed for shareholder value.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 8929.23 Cr | Rs. 12165.33 Cr | Rs. 11554.95 Cr | -5.02% | + 29.41% |
Expenses | Rs. 7272.02 Cr | Rs. 9750.43 Cr | Rs. 9270.69 Cr | -4.92% | + 27.48% |
Operating Profit | Rs. 1657.21 Cr | Rs. 2414.9 Cr | Rs. 2284.26 Cr | -5.41% | + 37.84% |
OPM % | 18.56 % | 19.85 % | 19.77 % | -0.08% | + 1.21% |
Other Income | Rs. 594.66 Cr | Rs. 356.33 Cr | Rs. 443.93 Cr | + 24.58% | -25.35% |
Interest | Rs. 15.77 Cr | Rs. 12.1 Cr | Rs. 29.63 Cr | + 144.88% | + 87.89% |
Depreciation | Rs. 75.99 Cr | Rs. 92.91 Cr | Rs. 92.81 Cr | -0.11% | + 22.13% |
Profit before tax | Rs. 2160.11 Cr | Rs. 2666.22 Cr | Rs. 2605.75 Cr | -2.27% | + 20.63% |
Tax % | 24.9 % | 23.76 % | 23.57 % | -0.19% | -1.33% |
Net Profit | Rs. 1704.74 Cr | Rs. 2032.62 Cr | Rs. 2011.43 Cr | -1.04% | + 17.99% |
EPS in Rs | Rs. 60.3 | Rs. 71.9 | Rs. 71.2 | -0.97% | + 18.08% |
Today, we’re looking at Bajaj Auto 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 29.41%. However, it did see a marginal slip of -5.02% from the previous quarter.Expenses decreased slightly by -4.92% quarter-on-quarter, aligning with the annual rise of 27.48%. Operating profit, while up 37.84% compared to last year, faced a quarter-on-quarter dip of -5.41%, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 1.21%, but a shrinkage of -0.08% sequentially. Other income rose by 24.58% compared to the last quarter,despite an annual decline of -25.35%. Interest expenses surged remarkably by 144.88% from the previous quarter, yet the year-over-year increase remains at a moderate 87.89%. Depreciation costs fell by -0.11% quarter-on-quarter, whereas on an annual scale, they saw an increase of 22.13%. Profit before tax grew annually by 20.63% but saw a reduction from the preceding quarter by -2.27%.
Tax expenses as a percentage of profits decreased slightly by -1.33% compared to last year, with a more notable quarter-on-quarter decrease of -0.19%. Net profit rose by 17.99% year-on-year but witnessed a -1.04% contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 18.08% but a quarterly fall of -0.97%. In summary, Bajaj Auto 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. 8929.23 Cr | Rs. 12165.33 Cr | Rs. 11554.95 Cr | -5.02% | + 29.41% |
Expenses | Rs. 7272.02 Cr | Rs. 9750.43 Cr | Rs. 9270.69 Cr | -4.92% | + 27.48% |
Operating Profit | Rs. 1657.21 Cr | Rs. 2414.9 Cr | Rs. 2284.26 Cr | -5.41% | + 37.84% |
Net Profit | Rs. 1704.74 Cr | Rs. 2032.62 Cr | Rs. 2011.43 Cr | -1.04% | + 17.99% |
EPS in Rs | Rs. 60.3 | Rs. 71.9 | Rs. 71.2 | -0.97% | + 18.08% |
In reviewing Bajaj Auto Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 13.62% year-on-year growth, although there was a slight dip of -5.02% from the previous quarter.Expenses rose by 27.48% compared to the previous year, with a decrease of -4.92% quarter-on-quarter. Operating Profit surged by 37.84% annually, and saw a -5.41% decrease from the last quarter.
Net Profit showed yearly increase of 17.99%, and experienced a -1.04% decrease from the previous quarter.Earnings Per Share (EPS) rose by 18.08% annually, however dipped by -0.97% compared to the last quarter. In essence, while Bajaj Auto Limited exhibits strong annual growth indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.