Highlights
- Sales over the Year and quarter: The company’s sales declined by -46.68 % over the year, decrease in net sales/revenue by -56.95 %.
- 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 44.78 %. Marginal increase in other income during this quarter, up by 42.65%.
- Profit over the Year and quarter: Significant improvement in profitability for BEST AGROLIFE LIMITED. Notable increase of 762.06 % in net profit Year to Year, BEST AGROLIFE LIMITED’s profitability increased by 996.19 % in this quarter.
- EPS over the Year and quarter: EPS increased by 761.24 % Year to Year. EPS increased by 995 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 253.911 Cr | Rs. 314.501 Cr | Rs. 135.392 Cr | -56.95 % | -46.68 % |
| Expenses | Rs. 246.77 Cr | Rs. 295.88 Cr | Rs. 202.5 Cr | -31.56 % | -17.94 % |
| Operating Profit | Rs. 7.14 Cr | Rs. 18.62 Cr | Rs. -67.11 Cr | -460.42 % | -1039.92 % |
| OPM % | 2.81 % | 5.92 % | -49.57 % | -55.49 % | -52.38 % |
| Other Income | Rs. 0.67 Cr | Rs. 0.68 Cr | Rs. 0.97 Cr | + 42.65 % | + 44.78 % |
| Interest | Rs. 12.56 Cr | Rs. 19.34 Cr | Rs. 15.46 Cr | -20.06 % | + 23.09 % |
| Depreciation | Rs. 6.99 Cr | Rs. 6.35 Cr | Rs. 10.74 Cr | + 69.13 % | + 53.65 % |
| Profit before tax | Rs. -11.74 Cr | Rs. -6.39 Cr | Rs. -92.34 Cr | -1345.07 % | -686.54 % |
| Tax % | -28.38 % | -3.47 % | -21.49 % | -18.02 % | + 6.89 % |
| Net Profit | Rs. -8.41 Cr | Rs. -6.61 Cr | Rs. -72.49 Cr | -996.67 % | -761.95 % |
| EPS in Rs | Rs. -3.56 | Rs. -2.8 | Rs. -30.66 | -995 % | -761.24 % |
Today, we’re looking at BEST AGROLIFE 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 -46.68 %. However, it did see a marginal slip of -56.95 % from the previous quarter. Expenses decreased slightly by -31.56 % quarter-on-quarter, aligning with the annual decline of -17.94 %. Operating profit, while down -1039.92 % compared to last year, faced a quarter-on-quarter dip of -460.42 %, 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 -52.38 %, but a shrinkage of -55.49 % sequentially. Other income rose by 42.65 % compared to the last quarter, despite an annual growth of 44.78 %. Interest expenses dropped significantly by -20.06 % from the previous quarter, yet the year-over-year increase remains at a moderate 23.09 %. Depreciation costs climbed by 69.13 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 53.65 %. Profit before tax declined annually by -686.54 % but saw a reduction from the preceding quarter by -1345.07 %.
Tax expenses as a percentage of profits increased slightly by 6.89 % compared to last year, with a more notable quarter-on-quarter decrease of -18.02 %. Net profit fell by -761.95 % year-on-year but witnessed a -996.67 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -761.24 % but a quarterly fall of -995 %. In summary, BEST AGROLIFE 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. 253.911 Cr | Rs. 314.501 Cr | Rs. 135.392 Cr | -56.95 % | -46.68 % |
| Expenses | Rs. 246.77 Cr | Rs. 295.88 Cr | Rs. 202.5 Cr | -31.56 % | -17.94 % |
| Operating Profit | Rs. 7.14 Cr | Rs. 18.62 Cr | Rs. -67.11 Cr | -460.42 % | -1039.92 % |
| Net Profit | Rs. -8.41 Cr | Rs. -6.61 Cr | Rs. -72.49 Cr | -996.67 % | -761.95 % |
| EPS in Rs | Rs. -3.56 | Rs. -2.8 | Rs. -30.66 | -995 % | -761.24 % |
In reviewing BEST AGROLIFE LIMITED’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -46.68 % year-on-year, although there was a slight dip of -56.95 % from the previous quarter. Expenses decreased by -17.94 % compared to the previous year, with a decrease of -31.56 % quarter-on-quarter. Operating Profit dropped by -1039.92 % annually, and saw a -460.42 % decrease from the last quarter.
Net Profit showed yearly decrease of -761.95 %, and experienced a -996.67 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -761.24 % annually, however dipped by -995 % compared to the last quarter. In essence, while BEST AGROLIFE 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.
