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Highlights
- The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company’s sales declined by -5.62 % over the year, substantial increase in net sales/revenue by 2.56 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -33.13 %, Marginal decrease of -65.05% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Barbeque Nation Hospitality Limited. Notable increase of 7.23 % in net profit Year to Year, Barbeque Nation Hospitality Limited’s profitability increased by 11643.24 % in this quarter.
- EPS over the Year and quarter: EPS increased by 11.71 % Year to Year. EPS increased by 359.26 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 323.885 Cr | Rs. 298.054 Cr | Rs. 305.689 Cr | + 2.56 % | -5.62 % |
Expenses | Rs. 277.12 Cr | Rs. 243.32 Cr | Rs. 254.79 Cr | + 4.71 % | -8.06 % |
Operating Profit | Rs. 46.77 Cr | Rs. 54.73 Cr | Rs. 50.9 Cr | -7 % | + 8.83 % |
OPM % | 14.44 % | 18.36 % | 16.65 % | -1.71 % | + 2.21 % |
Other Income | Rs. 3.999 Cr | Rs. 7.651 Cr | Rs. 2.674 Cr | -65.05 % | -33.13 % |
Interest | Rs. 18.75 Cr | Rs. 18.61 Cr | Rs. 18.61 Cr | + 0 % | -0.75 % |
Depreciation | Rs. 37.49 Cr | Rs. 44.67 Cr | Rs. 40.45 Cr | -9.45 % | + 7.9 % |
Profit before tax | Rs. -5.47 Cr | Rs. -0.9 Cr | Rs. -5.49 Cr | -510 % | -0.37 % |
Tax % | -26.07 % | -95.88 % | -20.92 % | + 74.96 % | + 5.15 % |
Net Profit | Rs. -4.05 Cr | Rs. -0.04 Cr | Rs. -4.35 Cr | -10775 % | -7.41 % |
EPS in Rs | Rs. -1.11 | Rs. -0.27 | Rs. -1.24 | -359.26 % | -11.71 % |
Today, we’re looking at Barbeque Nation Hospitality Limited’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -5.62 %. However, it did see a marginal increase of 2.56 % from the previous quarter. Expenses ticked up slightly by 4.71 % quarter-on-quarter, aligning with the annual decline of -8.06 %. Operating profit, while up 8.83 % compared to last year, faced a quarter-on-quarter dip of -7 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 2.21 %, but a shrinkage of -1.71 % sequentially. Other income fell by -65.05 % compared to the last quarter, despite an annual decline of -33.13 %. Interest expenses surged remarkably by 0 % from the previous quarter, yet the year-over-year decrease remains at a moderate -0.75 %. Depreciation costs fell by -9.45 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 7.9 %. Profit before tax declined annually by -0.37 % but saw a reduction from the preceding quarter by -510 %.
Tax expenses as a percentage of profits increased slightly by 5.15 % compared to last year, with a more notable quarter-on-quarter increase of 74.96 %. Net profit fell by -7.41 % year-on-year but witnessed a -10775 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -11.71 % but a quarterly fall of -359.26 %. In summary, Barbeque Nation Hospitality 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. 323.885 Cr | Rs. 298.054 Cr | Rs. 305.689 Cr | + 2.56 % | -5.62 % |
Expenses | Rs. 277.12 Cr | Rs. 243.32 Cr | Rs. 254.79 Cr | + 4.71 % | -8.06 % |
Operating Profit | Rs. 46.77 Cr | Rs. 54.73 Cr | Rs. 50.9 Cr | -7 % | + 8.83 % |
Net Profit | Rs. -4.05 Cr | Rs. -0.04 Cr | Rs. -4.35 Cr | -10775 % | -7.41 % |
EPS in Rs | Rs. -1.11 | Rs. -0.27 | Rs. -1.24 | -359.26 % | -11.71 % |
In reviewing Barbeque Nation Hospitality Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -5.62 % year-on-year, however, there was a minor increase of 2.56 % from the previous quarter. Expenses decreased by -8.06 % compared to the previous year, with a 4.71 % increase quarter-on-quarter. Operating Profit surged by 8.83 % annually, and saw a -7 % decrease from the last quarter.
Net Profit showed yearly decrease of -7.41 %, and experienced a -10775 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -11.71 % annually, however dipped by -359.26 % compared to the last quarter. In essence, while Barbeque Nation Hospitality Limited faces strong annual decline indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.