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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’s sales declined by -21.06 % over the year, substantial increase in net sales/revenue by 17.27 %.
- 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 6.52 %. Marginal increase in other income during this quarter, up by 52.14%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Bannari Amman Sugars Limited. Profit dropped by -29.8 % Year to Year, Bannari Amman Sugars Limited’s profitability increased by 433.01 % in this quarter.
- EPS over the Year and quarter: EPS declined by -29.80 % Year to Year. EPS increased by 432.75 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 600.135 Cr | Rs. 403.953 Cr | Rs. 473.73 Cr | + 17.27 % | -21.06 % |
Expenses | Rs. 507.75 Cr | Rs. 374.86 Cr | Rs. 406.31 Cr | + 8.39 % | -19.98 % |
Operating Profit | Rs. 92.39 Cr | Rs. 29.09 Cr | Rs. 67.42 Cr | + 131.76 % | -27.03 % |
OPM % | 15.39 % | 7.2 % | 14.23 % | + 7.03 % | -1.16 % |
Other Income | Rs. 1.534 Cr | Rs. 1.074 Cr | Rs. 1.634 Cr | + 52.14 % | + 6.52 % |
Interest | Rs. 6.95 Cr | Rs. 6.48 Cr | Rs. 1.93 Cr | -70.22 % | -72.23 % |
Depreciation | Rs. 14.36 Cr | Rs. 13.87 Cr | Rs. 14.11 Cr | + 1.73 % | -1.74 % |
Profit before tax | Rs. 72.61 Cr | Rs. 9.81 Cr | Rs. 53.01 Cr | + 440.37 % | -26.99 % |
Tax % | 32.78 % | 34.52 % | 35.37 % | + 0.85 % | + 2.59 % |
Net Profit | Rs. 48.81 Cr | Rs. 6.43 Cr | Rs. 34.27 Cr | + 432.97 % | -29.79 % |
EPS in Rs | Rs. 38.93 | Rs. 5.13 | Rs. 27.33 | + 432.75 % | -29.8 % |
Today, we’re looking at Bannari Amman Sugars Limited’s financial performance for the Q2(Sep 2024-25).Starting with the top line, the company reported a significant year-over-year sales decline of -21.06 %. However, it did see a marginal increase of 17.27 % from the previous quarter. Expenses ticked up slightly by 8.39 % quarter-on-quarter, aligning with the annual decline of -19.98 %. Operating profit, while down -27.03 % compared to last year, faced a quarter-on-quarter increase of 131.76 %, 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 -1.16 %, but an expansion of 7.03 % sequentially. Other income rose by 52.14 % compared to the last quarter, despite an annual growth of 6.52 %. Interest expenses dropped significantly by -70.22 % from the previous quarter, yet the year-over-year decrease remains at a moderate -72.23 %. Depreciation costs climbed by 1.73 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -1.74 %. Profit before tax declined annually by -26.99 % but saw an increase from the preceding quarter by 440.37 %.
Tax expenses as a percentage of profits increased slightly by 2.59 % compared to last year, with a more notable quarter-on-quarter increase of 0.85 %. Net profit fell by -29.79 % year-on-year but experienced a 432.97 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -29.8 % but a quarterly rise of 432.75 %. In summary, Bannari Amman Sugars 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. 600.135 Cr | Rs. 403.953 Cr | Rs. 473.73 Cr | + 17.27 % | -21.06 % |
Expenses | Rs. 507.75 Cr | Rs. 374.86 Cr | Rs. 406.31 Cr | + 8.39 % | -19.98 % |
Operating Profit | Rs. 92.39 Cr | Rs. 29.09 Cr | Rs. 67.42 Cr | + 131.76 % | -27.03 % |
Net Profit | Rs. 48.81 Cr | Rs. 6.43 Cr | Rs. 34.27 Cr | + 432.97 % | -29.79 % |
EPS in Rs | Rs. 38.93 | Rs. 5.13 | Rs. 27.33 | + 432.75 % | -29.8 % |
In reviewing Bannari Amman Sugars Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -21.06 % year-on-year, however, there was a minor increase of 17.27 % from the previous quarter. Expenses decreased by -19.98 % compared to the previous year, with a 8.39 % increase quarter-on-quarter. Operating Profit dropped by -27.03 % annually, and saw a 131.76 % increase from the last quarter.
Net Profit showed yearly decrease of -29.79 %, and experienced a 432.97 % increase from the previous quarter. Earnings Per Share (EPS) fell by -29.8 % annually, however rose by 432.75 % compared to the last quarter. In essence, while Bannari Amman Sugars 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.
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