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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 5.92 % in the past year, substantial increase in net sales/revenue by 7.22 %.
- 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 253.33 %. Marginal increase in other income during this quarter, up by 1425%.
- Profit over the Year and quarter: Significant improvement in profitability for Bambino Agro Industries Ltd. Notable increase of 7.36 % in net profit Year to Year, Bambino Agro Industries Ltd’s profitability increased by 96.32 % in this quarter.
- EPS over the Year and quarter: EPS increased by 7.30 % Year to Year. EPS increased by 96.31 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 76.758 Cr | Rs. 75.827 Cr | Rs. 81.305 Cr | + 7.22 % | + 5.92 % |
| Expenses | Rs. 69.24 Cr | Rs. 71.05 Cr | Rs. 73.48 Cr | + 3.42 % | + 6.12 % |
| Operating Profit | Rs. 7.52 Cr | Rs. 4.78 Cr | Rs. 7.82 Cr | + 63.6 % | + 3.99 % |
| OPM % | 9.8 % | 6.3 % | 9.62 % | + 3.32 % | -0.18 % |
| Other Income | Rs. 0.045 Cr | Rs. -0.012 Cr | Rs. 0.159 Cr | + 1425 % | + 253.33 % |
| Interest | Rs. 2 Cr | Rs. 1.69 Cr | Rs. 1.98 Cr | + 17.16 % | -1 % |
| Depreciation | Rs. 1.16 Cr | Rs. 1.26 Cr | Rs. 1.27 Cr | + 0.79 % | + 9.48 % |
| Profit before tax | Rs. 4.41 Cr | Rs. 1.82 Cr | Rs. 4.73 Cr | + 159.89 % | + 7.26 % |
| Tax % | 27.82 % | 3.87 % | 27.82 % | + 23.95 % | + 0 % |
| Net Profit | Rs. 3.18 Cr | Rs. 1.74 Cr | Rs. 3.41 Cr | + 95.98 % | + 7.23 % |
| EPS in Rs | Rs. 3.97 | Rs. 2.17 | Rs. 4.26 | + 96.31 % | + 7.3 % |
Today, we’re looking at Bambino Agro Industries Ltd’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 5.92 %. However, it did see a marginal increase of 7.22 % from the previous quarter. Expenses ticked up slightly by 3.42 % quarter-on-quarter, aligning with the annual rise of 6.12 %. Operating profit, while up 3.99 % compared to last year, faced a quarter-on-quarter increase of 63.6 %, 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 -0.18 %, but an expansion of 3.32 % sequentially. Other income rose by 1425 % compared to the last quarter, despite an annual growth of 253.33 %. Interest expenses surged remarkably by 17.16 % from the previous quarter, yet the year-over-year decrease remains at a moderate -1 %. Depreciation costs climbed by 0.79 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 9.48 %. Profit before tax grew annually by 7.26 % but saw an increase from the preceding quarter by 159.89 %.
Tax expenses as a percentage of profits increased slightly by 0 % compared to last year, with a more notable quarter-on-quarter increase of 23.95 %. Net profit rose by 7.23 % year-on-year but experienced a 95.98 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 7.3 % but a quarterly rise of 96.31 %. In summary, Bambino Agro Industries 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. 76.758 Cr | Rs. 75.827 Cr | Rs. 81.305 Cr | + 7.22 % | + 5.92 % |
| Expenses | Rs. 69.24 Cr | Rs. 71.05 Cr | Rs. 73.48 Cr | + 3.42 % | + 6.12 % |
| Operating Profit | Rs. 7.52 Cr | Rs. 4.78 Cr | Rs. 7.82 Cr | + 63.6 % | + 3.99 % |
| Net Profit | Rs. 3.18 Cr | Rs. 1.74 Cr | Rs. 3.41 Cr | + 95.98 % | + 7.23 % |
| EPS in Rs | Rs. 3.97 | Rs. 2.17 | Rs. 4.26 | + 96.31 % | + 7.3 % |
In reviewing Bambino Agro Industries Ltd’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 5.92 % year-on-year growth, however, there was a minor increase of 7.22 % from the previous quarter. Expenses rose by 6.12 % compared to the previous year, with a 3.42 % increase quarter-on-quarter. Operating Profit surged by 3.99 % annually, and saw a 63.6 % increase from the last quarter.
Net Profit showed yearly increase of 7.23 %, and experienced a 95.98 % increase from the previous quarter. Earnings Per Share (EPS) rose by 7.3 % annually, however rose by 96.31 % compared to the last quarter. In essence, while Bambino Agro Industries Ltd 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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