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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 -5.52 % over the year, substantial increase in net sales/revenue by 6.39 %.
- 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 84.55 %. Marginal decrease of -7.8% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Benares Hotels Ltd. Notable increase of 5.26 % in net profit Year to Year, Benares Hotels Ltd’s profitability increased by 11.99 % in this quarter.
- EPS over the Year and quarter: EPS increased by 5.26 % Year to Year. EPS increased by 11.98 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 25.904 Cr | Rs. 23.004 Cr | Rs. 24.474 Cr | + 6.39 % | -5.52 % |
Expenses | Rs. 15.88 Cr | Rs. 14.15 Cr | Rs. 14.41 Cr | + 1.84 % | -9.26 % |
Operating Profit | Rs. 10.02 Cr | Rs. 8.85 Cr | Rs. 10.06 Cr | + 13.67 % | + 0.4 % |
OPM % | 38.68 % | 38.47 % | 41.1 % | + 2.63 % | + 2.42 % |
Other Income | Rs. 0.673 Cr | Rs. 1.347 Cr | Rs. 1.242 Cr | -7.8 % | + 84.55 % |
Interest | Rs. 0.09 Cr | Rs. 0.1 Cr | Rs. 0.1 Cr | + 0 % | + 11.11 % |
Depreciation | Rs. 1.48 Cr | Rs. 1.49 Cr | Rs. 1.53 Cr | + 2.68 % | + 3.38 % |
Profit before tax | Rs. 9.12 Cr | Rs. 8.61 Cr | Rs. 9.67 Cr | + 12.31 % | + 6.03 % |
Tax % | 25.03 % | 25.25 % | 25.6 % | + 0.35 % | + 0.57 % |
Net Profit | Rs. 6.84 Cr | Rs. 6.43 Cr | Rs. 7.2 Cr | + 11.98 % | + 5.26 % |
EPS in Rs | Rs. 52.64 | Rs. 49.48 | Rs. 55.41 | + 11.98 % | + 5.26 % |
Today, we’re looking at Benares Hotels Ltd’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 -5.52 %. However, it did see a marginal increase of 6.39 % from the previous quarter. Expenses ticked up slightly by 1.84 % quarter-on-quarter, aligning with the annual decline of -9.26 %. Operating profit, while up 0.4 % compared to last year, faced a quarter-on-quarter increase of 13.67 %, 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 2.42 %, but an expansion of 2.63 % sequentially. Other income fell by -7.8 % compared to the last quarter, despite an annual growth of 84.55 %. Interest expenses surged remarkably by 0 % from the previous quarter, yet the year-over-year increase remains at a moderate 11.11 %. Depreciation costs climbed by 2.68 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 3.38 %. Profit before tax grew annually by 6.03 % but saw an increase from the preceding quarter by 12.31 %.
Tax expenses as a percentage of profits increased slightly by 0.57 % compared to last year, with a more notable quarter-on-quarter increase of 0.35 %. Net profit rose by 5.26 % year-on-year but experienced a 11.98 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 5.26 % but a quarterly rise of 11.98 %. In summary, Benares Hotels 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. 25.904 Cr | Rs. 23.004 Cr | Rs. 24.474 Cr | + 6.39 % | -5.52 % |
Expenses | Rs. 15.88 Cr | Rs. 14.15 Cr | Rs. 14.41 Cr | + 1.84 % | -9.26 % |
Operating Profit | Rs. 10.02 Cr | Rs. 8.85 Cr | Rs. 10.06 Cr | + 13.67 % | + 0.4 % |
Net Profit | Rs. 6.84 Cr | Rs. 6.43 Cr | Rs. 7.2 Cr | + 11.98 % | + 5.26 % |
EPS in Rs | Rs. 52.64 | Rs. 49.48 | Rs. 55.41 | + 11.98 % | + 5.26 % |
In reviewing Benares Hotels Ltd’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -5.52 % year-on-year, however, there was a minor increase of 6.39 % from the previous quarter. Expenses decreased by -9.26 % compared to the previous year, with a 1.84 % increase quarter-on-quarter. Operating Profit surged by 0.4 % annually, and saw a 13.67 % increase from the last quarter.
Net Profit showed yearly increase of 5.26 %, and experienced a 11.98 % increase from the previous quarter. Earnings Per Share (EPS) rose by 5.26 % annually, however rose by 11.98 % compared to the last quarter. In essence, while Benares Hotels 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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