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Highlights
- Sales over the Year and quarter: The company’s sales declined by -39.71 % over the year, substantial increase in net sales/revenue by 26.46 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -563.64 %, Marginal decrease of -175% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Beekay Niryat Limited. Profit dropped by -132.22 % Year to Year, Beekay Niryat Limited’s profitability dropped by -121.81 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -132.26 % Year to Year. EPS decreased by -121.74 % in previous quarter. Analysis needed for shareholder value.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 7.92 Cr | Rs. 3.776 Cr | Rs. 4.775 Cr | + 26.46 % | -39.71 % |
Expenses | Rs. 7.71 Cr | Rs. 3.89 Cr | Rs. 4.06 Cr | + 4.37 % | -47.34 % |
Operating Profit | Rs. 0.21 Cr | Rs. -0.11 Cr | Rs. 0.72 Cr | + 754.55 % | + 242.86 % |
OPM % | 2.65 % | -2.91 % | 15.08 % | + 17.99 % | + 12.43 % |
Other Income | Rs. 0.11 Cr | Rs. 0.68 Cr | Rs. -0.51 Cr | -175 % | -563.64 % |
Interest | Rs. 0.01 Cr | Rs. 0.08 Cr | Rs. 0.02 Cr | -75 % | + 100 % |
Depreciation | Rs. 0 Cr | Rs. 0.02 Cr | Rs. 0.05 Cr | + 150 % | 0 % |
Profit before tax | Rs. 0.31 Cr | Rs. 0.47 Cr | Rs. 0.14 Cr | -70.21 % | -54.84 % |
Tax % | 19.53 % | 55.11 % | 27.81 % | -27.3 % | + 8.28 % |
Net Profit | Rs. 0.24 Cr | Rs. 0.35 Cr | Rs. -0.08 Cr | -122.86 % | -133.33 % |
EPS in Rs | Rs. 0.31 | Rs. 0.46 | Rs. -0.1 | -121.74 % | -132.26 % |
Today, we’re looking at Beekay Niryat 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 -39.71 %. However, it did see a marginal increase of 26.46 % from the previous quarter. Expenses ticked up slightly by 4.37 % quarter-on-quarter, aligning with the annual decline of -47.34 %. Operating profit, while up 242.86 % compared to last year, faced a quarter-on-quarter increase of 754.55 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 12.43 %, but an expansion of 17.99 % sequentially. Other income fell by -175 % compared to the last quarter, despite an annual decline of -563.64 %. Interest expenses dropped significantly by -75 % from the previous quarter, yet the year-over-year increase remains at a moderate 100 %. Depreciation costs climbed by 150 % quarter-on-quarter, Profit before tax declined annually by -54.84 % but saw a reduction from the preceding quarter by -70.21 %.
Tax expenses as a percentage of profits increased slightly by 8.28 % compared to last year, with a more notable quarter-on-quarter decrease of -27.3 %. Net profit fell by -133.33 % year-on-year but witnessed a -122.86 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -132.26 % but a quarterly fall of -121.74 %. In summary, Beekay Niryat 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. 7.92 Cr | Rs. 3.776 Cr | Rs. 4.775 Cr | + 26.46 % | -39.71 % |
Expenses | Rs. 7.71 Cr | Rs. 3.89 Cr | Rs. 4.06 Cr | + 4.37 % | -47.34 % |
Operating Profit | Rs. 0.21 Cr | Rs. -0.11 Cr | Rs. 0.72 Cr | + 754.55 % | + 242.86 % |
Net Profit | Rs. 0.24 Cr | Rs. 0.35 Cr | Rs. -0.08 Cr | -122.86 % | -133.33 % |
EPS in Rs | Rs. 0.31 | Rs. 0.46 | Rs. -0.1 | -121.74 % | -132.26 % |
In reviewing Beekay Niryat Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -39.71 % year-on-year, however, there was a minor increase of 26.46 % from the previous quarter. Expenses decreased by -47.34 % compared to the previous year, with a 4.37 % increase quarter-on-quarter. Operating Profit surged by 242.86 % annually, and saw a 754.55 % increase from the last quarter.
Net Profit showed yearly decrease of -133.33 %, and experienced a -122.86 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -132.26 % annually, however dipped by -121.74 % compared to the last quarter. In essence, while Beekay Niryat 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.