Share the post "Balrampur Chini Mills : Q4 2024 Financial Quarterly Report : YoY Sales Down 3.84 %, QoQ Up 16.57 %"
Highlights
- Sales over the Year and quarter: The company’s sales declined by -3.84 % over the year, substantial increase in net sales/revenue by 16.57 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -43.5 %, Marginal decrease of -79.55% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Balrampur Chini Mills Ltd.. Profit dropped by -20.07 % Year to Year, Balrampur Chini Mills Ltd.’s profitability increased by 122.7 % in this quarter.
- EPS over the Year and quarter: EPS declined by -19.42 % Year to Year. EPS increased by 122.52 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 1491.527 Cr | Rs. 1230.388 Cr | Rs. 1434.258 Cr | + 16.57 % | -3.84 % |
Expenses | Rs. 1087.64 Cr | Rs. 1117 Cr | Rs. 1089.54 Cr | -2.46 % | + 0.17 % |
Operating Profit | Rs. 403.89 Cr | Rs. 113.39 Cr | Rs. 344.72 Cr | + 204.01 % | -14.65 % |
OPM % | 27.08 % | 9.22 % | 24.03 % | + 14.81 % | -3.05 % |
Other Income | Rs. 21.63 Cr | Rs. 59.75 Cr | Rs. 12.22 Cr | -79.55 % | -43.5 % |
Interest | Rs. 21.14 Cr | Rs. 7.92 Cr | Rs. 24.99 Cr | + 215.53 % | + 18.21 % |
Depreciation | Rs. 40.17 Cr | Rs. 41.97 Cr | Rs. 42.58 Cr | + 1.45 % | + 6 % |
Profit before tax | Rs. 364.21 Cr | Rs. 123.25 Cr | Rs. 289.37 Cr | + 134.78 % | -20.55 % |
Tax % | 30.58 % | 27.18 % | 30.55 % | + 3.37 % | -0.03 % |
Net Profit | Rs. 254.45 Cr | Rs. 91.33 Cr | Rs. 203.39 Cr | + 122.7 % | -20.07 % |
EPS in Rs | Rs. 12.51 | Rs. 4.53 | Rs. 10.08 | + 122.52 % | -19.42 % |
Today, we’re looking at Balrampur Chini Mills Ltd.’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -3.84 %. However, it did see a marginal increase of 16.57 % from the previous quarter. Expenses decreased slightly by -2.46 % quarter-on-quarter, aligning with the annual rise of 0.17 %. Operating profit, while down -14.65 % compared to last year, faced a quarter-on-quarter increase of 204.01 %, 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 -3.05 %, but an expansion of 14.81 % sequentially. Other income fell by -79.55 % compared to the last quarter, despite an annual decline of -43.5 %. Interest expenses surged remarkably by 215.53 % from the previous quarter, yet the year-over-year increase remains at a moderate 18.21 %. Depreciation costs climbed by 1.45 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 6 %. Profit before tax declined annually by -20.55 % but saw an increase from the preceding quarter by 134.78 %.
Tax expenses as a percentage of profits decreased slightly by -0.03 % compared to last year, with a more notable quarter-on-quarter increase of 3.37 %. Net profit fell by -20.07 % year-on-year but experienced a 122.7 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -19.42 % but a quarterly rise of 122.52 %. In summary, Balrampur Chini Mills 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. 1491.527 Cr | Rs. 1230.388 Cr | Rs. 1434.258 Cr | + 16.57 % | -3.84 % |
Expenses | Rs. 1087.64 Cr | Rs. 1117 Cr | Rs. 1089.54 Cr | -2.46 % | + 0.17 % |
Operating Profit | Rs. 403.89 Cr | Rs. 113.39 Cr | Rs. 344.72 Cr | + 204.01 % | -14.65 % |
Net Profit | Rs. 254.45 Cr | Rs. 91.33 Cr | Rs. 203.39 Cr | + 122.7 % | -20.07 % |
EPS in Rs | Rs. 12.51 | Rs. 4.53 | Rs. 10.08 | + 122.52 % | -19.42 % |
In reviewing Balrampur Chini Mills Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -3.84 % year-on-year, however, there was a minor increase of 16.57 % from the previous quarter. Expenses rose by 0.17 % compared to the previous year, with a decrease of -2.46 % quarter-on-quarter. Operating Profit dropped by -14.65 % annually, and saw a 204.01 % increase from the last quarter.
Net Profit showed yearly decrease of -20.07 %, and experienced a 122.7 % increase from the previous quarter. Earnings Per Share (EPS) fell by -19.42 % annually, however rose by 122.52 % compared to the last quarter. In essence, while Balrampur Chini Mills 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.