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Highlights
- Sales over the Year and quarter: The company’s sales declined by -2.05 % over the year, decrease in net sales/revenue by -6.16 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -71.43 %, Marginal decrease of -66.67% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Bansal Roofing Products Limited. Profit dropped by -43.38 % Year to Year, Bansal Roofing Products Limited’s profitability increased by 1.68 % in this quarter.
- EPS over the Year and quarter: EPS declined by -42.86 % Year to Year. EPS increased by 1.69 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 24.58 Cr | Rs. 25.657 Cr | Rs. 24.076 Cr | -6.16 % | -2.05 % |
Expenses | Rs. 22.37 Cr | Rs. 24.18 Cr | Rs. 22.53 Cr | -6.82 % | + 0.72 % |
Operating Profit | Rs. 2.21 Cr | Rs. 1.48 Cr | Rs. 1.55 Cr | + 4.73 % | -29.86 % |
OPM % | 8.99 % | 5.77 % | 6.44 % | + 0.67 % | -2.55 % |
Other Income | Rs. 0.07 Cr | Rs. 0.06 Cr | Rs. 0.02 Cr | -66.67 % | -71.43 % |
Interest | Rs. 0.15 Cr | Rs. 0.13 Cr | Rs. 0.13 Cr | + 0 % | -13.33 % |
Depreciation | Rs. 0.26 Cr | Rs. 0.34 Cr | Rs. 0.32 Cr | -5.88 % | + 23.08 % |
Profit before tax | Rs. 1.87 Cr | Rs. 1.07 Cr | Rs. 1.12 Cr | + 4.67 % | -40.11 % |
Tax % | 25.67 % | 27.16 % | 29.23 % | + 2.07 % | + 3.56 % |
Net Profit | Rs. 1.39 Cr | Rs. 0.77 Cr | Rs. 0.79 Cr | + 2.6 % | -43.17 % |
EPS in Rs | Rs. 1.05 | Rs. 0.59 | Rs. 0.6 | + 1.69 % | -42.86 % |
Today, we’re looking at Bansal Roofing Products Limited’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -2.05 %. However, it did see a marginal slip of -6.16 % from the previous quarter. Expenses decreased slightly by -6.82 % quarter-on-quarter, aligning with the annual rise of 0.72 %. Operating profit, while down -29.86 % compared to last year, faced a quarter-on-quarter increase of 4.73 %, 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 -2.55 %, but an expansion of 0.67 % sequentially. Other income fell by -66.67 % compared to the last quarter, despite an annual decline of -71.43 %. Interest expenses surged remarkably by 0 % from the previous quarter, yet the year-over-year decrease remains at a moderate -13.33 %. Depreciation costs fell by -5.88 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 23.08 %. Profit before tax declined annually by -40.11 % but saw an increase from the preceding quarter by 4.67 %.
Tax expenses as a percentage of profits increased slightly by 3.56 % compared to last year, with a more notable quarter-on-quarter increase of 2.07 %. Net profit fell by -43.17 % year-on-year but experienced a 2.6 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -42.86 % but a quarterly rise of 1.69 %. In summary, Bansal Roofing Products 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. 24.58 Cr | Rs. 25.657 Cr | Rs. 24.076 Cr | -6.16 % | -2.05 % |
Expenses | Rs. 22.37 Cr | Rs. 24.18 Cr | Rs. 22.53 Cr | -6.82 % | + 0.72 % |
Operating Profit | Rs. 2.21 Cr | Rs. 1.48 Cr | Rs. 1.55 Cr | + 4.73 % | -29.86 % |
Net Profit | Rs. 1.39 Cr | Rs. 0.77 Cr | Rs. 0.79 Cr | + 2.6 % | -43.17 % |
EPS in Rs | Rs. 1.05 | Rs. 0.59 | Rs. 0.6 | + 1.69 % | -42.86 % |
In reviewing Bansal Roofing Products Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -2.05 % year-on-year, although there was a slight dip of -6.16 % from the previous quarter. Expenses rose by 0.72 % compared to the previous year, with a decrease of -6.82 % quarter-on-quarter. Operating Profit dropped by -29.86 % annually, and saw a 4.73 % increase from the last quarter.
Net Profit showed yearly decrease of -43.17 %, and experienced a 2.6 % increase from the previous quarter. Earnings Per Share (EPS) fell by -42.86 % annually, however rose by 1.69 % compared to the last quarter. In essence, while Bansal Roofing Products 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.