Share the post "Berger Paints India ‘s Q2 Report: Revenue Rises by 0.26% YoY"
Highlights
- The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 0.26 % in the past year, decrease in net sales/revenue by -10.24 %.
- 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 56.78 %. Marginal decrease of -34.8% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Berger Paints India Ltd. Profit dropped by -7.61 % Year to Year, Berger Paints India Ltd’s profitability dropped by -23.76 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -7.60 % Year to Year. EPS decreased by -23.76 % 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. 2767.3 Cr | Rs. 3091.01 Cr | Rs. 2774.61 Cr | -10.24 % | + 0.26 % |
Expenses | Rs. 2293.65 Cr | Rs. 2568.6 Cr | Rs. 2340.43 Cr | -8.88 % | + 2.04 % |
Operating Profit | Rs. 473.65 Cr | Rs. 522.41 Cr | Rs. 434.18 Cr | -16.89 % | -8.33 % |
OPM % | 17.12 % | 16.9 % | 15.65 % | -1.25 % | -1.47 % |
Other Income | Rs. 19.11 Cr | Rs. 45.95 Cr | Rs. 29.96 Cr | -34.8 % | + 56.78 % |
Interest | Rs. 21.08 Cr | Rs. 15.17 Cr | Rs. 17.01 Cr | + 12.13 % | -19.31 % |
Depreciation | Rs. 82.87 Cr | Rs. 87.21 Cr | Rs. 88.98 Cr | + 2.03 % | + 7.37 % |
Profit before tax | Rs. 388.81 Cr | Rs. 465.98 Cr | Rs. 358.15 Cr | -23.14 % | -7.89 % |
Tax % | 24.87 % | 24.53 % | 25.27 % | + 0.74 % | + 0.4 % |
Net Profit | Rs. 292.13 Cr | Rs. 354.03 Cr | Rs. 269.9 Cr | -23.76 % | -7.61 % |
EPS in Rs | Rs. 2.5 | Rs. 3.03 | Rs. 2.31 | -23.76 % | -7.6 % |
Today, we’re looking at Berger Paints India Ltd’s financial performance for the Q2(Sep 2024-25).Starting with the top line, the company reported a robust year-over-year sales growth of 0.26 %. However, it did see a marginal slip of -10.24 % from the previous quarter. Expenses decreased slightly by -8.88 % quarter-on-quarter, aligning with the annual rise of 2.04 %. Operating profit, while down -8.33 % compared to last year, faced a quarter-on-quarter dip of -16.89 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -1.47 %, but a shrinkage of -1.25 % sequentially. Other income fell by -34.8 % compared to the last quarter, despite an annual growth of 56.78 %. Interest expenses surged remarkably by 12.13 % from the previous quarter, yet the year-over-year decrease remains at a moderate -19.31 %. Depreciation costs climbed by 2.03 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 7.37 %. Profit before tax declined annually by -7.89 % but saw a reduction from the preceding quarter by -23.14 %.
Tax expenses as a percentage of profits increased slightly by 0.4 % compared to last year, with a more notable quarter-on-quarter increase of 0.74 %. Net profit fell by -7.61 % year-on-year but witnessed a -23.76 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -7.6 % but a quarterly fall of -23.76 %. In summary, Berger Paints India 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. 2767.3 Cr | Rs. 3091.01 Cr | Rs. 2774.61 Cr | -10.24 % | + 0.26 % |
Expenses | Rs. 2293.65 Cr | Rs. 2568.6 Cr | Rs. 2340.43 Cr | -8.88 % | + 2.04 % |
Operating Profit | Rs. 473.65 Cr | Rs. 522.41 Cr | Rs. 434.18 Cr | -16.89 % | -8.33 % |
Net Profit | Rs. 292.13 Cr | Rs. 354.03 Cr | Rs. 269.9 Cr | -23.76 % | -7.61 % |
EPS in Rs | Rs. 2.5 | Rs. 3.03 | Rs. 2.31 | -23.76 % | -7.6 % |
In reviewing Berger Paints India Ltd’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 0.26 % year-on-year growth, although there was a slight dip of -10.24 % from the previous quarter. Expenses rose by 2.04 % compared to the previous year, with a decrease of -8.88 % quarter-on-quarter. Operating Profit dropped by -8.33 % annually, and saw a -16.89 % decrease from the last quarter.
Net Profit showed yearly decrease of -7.61 %, and experienced a -23.76 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -7.6 % annually, however dipped by -23.76 % compared to the last quarter. In essence, while Berger Paints India Ltd 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.
[my_shortcode1 values=”Berger Paints India Ltd”]