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Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 1.93 % in the past year, decrease in net sales/revenue by -1.23 %.
- 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 291.74 %. Marginal increase in other income during this quarter, up by 102.25%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Bajaj Healthcare Limited. Profit dropped by -114.79 % Year to Year, Bajaj Healthcare Limited’s profitability dropped by -123.83 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -114.83 % Year to Year. EPS decreased by -123.89 % in previous quarter. Analysis needed for shareholder value.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 129.737 Cr | Rs. 133.899 Cr | Rs. 132.247 Cr | -1.23 % | + 1.93 % |
Expenses | Rs. 107.99 Cr | Rs. 117.87 Cr | Rs. 107.75 Cr | -8.59 % | -0.22 % |
Operating Profit | Rs. 21.75 Cr | Rs. 16.03 Cr | Rs. 24.5 Cr | + 52.84 % | + 12.64 % |
OPM % | 16.76 % | 11.97 % | 18.53 % | + 6.56 % | + 1.77 % |
Other Income | Rs. 0.218 Cr | Rs. -37.875 Cr | Rs. 0.854 Cr | + 102.25 % | + 291.74 % |
Interest | Rs. 8.75 Cr | Rs. 6.01 Cr | Rs. 8.44 Cr | + 40.43 % | -3.54 % |
Depreciation | Rs. 6.31 Cr | Rs. 7.3 Cr | Rs. 6.73 Cr | -7.81 % | + 6.66 % |
Profit before tax | Rs. 6.91 Cr | Rs. -35.16 Cr | Rs. 10.18 Cr | + 128.95 % | + 47.32 % |
Tax % | 1.77 % | -8.96 % | 21.19 % | + 30.15 % | + 19.42 % |
Net Profit | Rs. -48.21 Cr | Rs. -29.92 Cr | Rs. 7.13 Cr | + 123.83 % | + 114.79 % |
EPS in Rs | Rs. -17.46 | Rs. -10.84 | Rs. 2.59 | + 123.89 % | + 114.83 % |
Today, we’re looking at Bajaj Healthcare Limited’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 1.93 %. However, it did see a marginal slip of -1.23 % from the previous quarter. Expenses decreased slightly by -8.59 % quarter-on-quarter, aligning with the annual decline of -0.22 %. Operating profit, while up 12.64 % compared to last year, faced a quarter-on-quarter increase of 52.84 %, 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 1.77 %, but an expansion of 6.56 % sequentially. Other income rose by 102.25 % compared to the last quarter, despite an annual growth of 291.74 %. Interest expenses surged remarkably by 40.43 % from the previous quarter, yet the year-over-year decrease remains at a moderate -3.54 %. Depreciation costs fell by -7.81 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 6.66 %. Profit before tax grew annually by 47.32 % but saw an increase from the preceding quarter by 128.95 %.
Tax expenses as a percentage of profits increased slightly by 19.42 % compared to last year, with a more notable quarter-on-quarter increase of 30.15 %. Net profit rose by 114.79 % year-on-year but experienced a 123.83 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 114.83 % but a quarterly rise of 123.89 %. In summary, Bajaj Healthcare 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. 129.737 Cr | Rs. 133.899 Cr | Rs. 132.247 Cr | -1.23 % | + 1.93 % |
Expenses | Rs. 107.99 Cr | Rs. 117.87 Cr | Rs. 107.75 Cr | -8.59 % | -0.22 % |
Operating Profit | Rs. 21.75 Cr | Rs. 16.03 Cr | Rs. 24.5 Cr | + 52.84 % | + 12.64 % |
Net Profit | Rs. -48.21 Cr | Rs. -29.92 Cr | Rs. 7.13 Cr | + 123.83 % | + 114.79 % |
EPS in Rs | Rs. -17.46 | Rs. -10.84 | Rs. 2.59 | + 123.89 % | + 114.83 % |
In reviewing Bajaj Healthcare Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 1.93 % year-on-year growth, although there was a slight dip of -1.23 % from the previous quarter. Expenses decreased by -0.22 % compared to the previous year, with a decrease of -8.59 % quarter-on-quarter. Operating Profit surged by 12.64 % annually, and saw a 52.84 % increase from the last quarter.
Net Profit showed yearly increase of 114.79 %, and experienced a 123.83 % increase from the previous quarter. Earnings Per Share (EPS) rose by 114.83 % annually, however rose by 123.89 % compared to the last quarter. In essence, while Bajaj Healthcare 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.
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