Share the post "Bhagwati Autocast : Q4 2024 Financial Quarterly Report : YoY Sales Down 11.21 %, QoQ Up 31.96 %"
Highlights
- Sales over the Year and quarter: The company’s sales declined by -11.21 % over the year, substantial increase in net sales/revenue by 31.96 %.
- 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 375 %. Marginal increase in other income during this quarter, up by 280%.
- Profit over the Year and quarter: Significant improvement in profitability for Bhagwati Autocast Limited. Notable increase of 82.53 % in net profit Year to Year, Bhagwati Autocast Limited’s profitability increased by 40640 % in this quarter.
- EPS over the Year and quarter: EPS increased by 82.45 % Year to Year. EPS increased by 35250 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 36.273 Cr | Rs. 24.405 Cr | Rs. 32.205 Cr | + 31.96 % | -11.21 % |
| Expenses | Rs. 32.17 Cr | Rs. 24.12 Cr | Rs. 27.55 Cr | + 14.22 % | -14.36 % |
| Operating Profit | Rs. 4.1 Cr | Rs. 0.29 Cr | Rs. 4.66 Cr | + 1506.9 % | + 13.66 % |
| OPM % | 11.3 % | 1.19 % | 14.47 % | + 13.28 % | + 3.17 % |
| Other Income | Rs. 0.04 Cr | Rs. 0.05 Cr | Rs. 0.19 Cr | + 280 % | + 375 % |
| Interest | Rs. 0.3 Cr | Rs. 0.26 Cr | Rs. 0.25 Cr | -3.85 % | -16.67 % |
| Depreciation | Rs. 0.69 Cr | Rs. 0.63 Cr | Rs. 0.63 Cr | + 0 % | -8.7 % |
| Profit before tax | Rs. 3.15 Cr | Rs. -0.55 Cr | Rs. 3.97 Cr | + 821.82 % | + 26.03 % |
| Tax % | 29.48 % | -101.79 % | 2.62 % | + 104.41 % | -26.86 % |
| Net Profit | Rs. 2.23 Cr | Rs. 0.01 Cr | Rs. 4.07 Cr | + 40600 % | + 82.51 % |
| EPS in Rs | Rs. 7.75 | Rs. 0.04 | Rs. 14.14 | + 35250 % | + 82.45 % |
Today, we’re looking at Bhagwati Autocast 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 -11.21 %. However, it did see a marginal increase of 31.96 % from the previous quarter. Expenses ticked up slightly by 14.22 % quarter-on-quarter, aligning with the annual decline of -14.36 %. Operating profit, while up 13.66 % compared to last year, faced a quarter-on-quarter increase of 1506.9 %, 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 3.17 %, but an expansion of 13.28 % sequentially. Other income rose by 280 % compared to the last quarter, despite an annual growth of 375 %. Interest expenses dropped significantly by -3.85 % from the previous quarter, yet the year-over-year decrease remains at a moderate -16.67 %. Depreciation costs climbed by 0 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -8.7 %. Profit before tax grew annually by 26.03 % but saw an increase from the preceding quarter by 821.82 %.
Tax expenses as a percentage of profits decreased slightly by -26.86 % compared to last year, with a more notable quarter-on-quarter increase of 104.41 %. Net profit rose by 82.51 % year-on-year but experienced a 40600 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 82.45 % but a quarterly rise of 35250 %. In summary, Bhagwati Autocast 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. 36.273 Cr | Rs. 24.405 Cr | Rs. 32.205 Cr | + 31.96 % | -11.21 % |
| Expenses | Rs. 32.17 Cr | Rs. 24.12 Cr | Rs. 27.55 Cr | + 14.22 % | -14.36 % |
| Operating Profit | Rs. 4.1 Cr | Rs. 0.29 Cr | Rs. 4.66 Cr | + 1506.9 % | + 13.66 % |
| Net Profit | Rs. 2.23 Cr | Rs. 0.01 Cr | Rs. 4.07 Cr | + 40600 % | + 82.51 % |
| EPS in Rs | Rs. 7.75 | Rs. 0.04 | Rs. 14.14 | + 35250 % | + 82.45 % |
In reviewing Bhagwati Autocast Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -11.21 % year-on-year, however, there was a minor increase of 31.96 % from the previous quarter. Expenses decreased by -14.36 % compared to the previous year, with a 14.22 % increase quarter-on-quarter. Operating Profit surged by 13.66 % annually, and saw a 1506.9 % increase from the last quarter.
Net Profit showed yearly increase of 82.51 %, and experienced a 40600 % increase from the previous quarter. Earnings Per Share (EPS) rose by 82.45 % annually, however rose by 35250 % compared to the last quarter. In essence, while Bhagwati Autocast Limited 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.
58
3-Year Profit
14
5-Year Profit
4
10-Year Profit
452
Current Price
130
Market Cap
In analyzing the financial results for the company marked by BSE code 504646, a clear trend emerges. Over a five-year span, the company reported a profit of 14 percents, which increased to 58 percents in the most recent three-year period, suggesting a strong performance in the early stages of this timeframe. However, this success has been overshadowed by a trailing twelve-month (TTM) loss of -1 percents, signaling significant recent challenges. Compounding this issue is the fact that the company has not reported any sales during any of the timeframes analyzed, raising important questions about its operational model and the sustainability of its current strategies. Investors have been equally wary, as reflected in the stock price performance. The company’s stock traded at 40 percents over the past five years but has recently decreased to -11 percents, indicating a loss of market confidence. Over the last decade, the stock price was at 24 percents, pointing to longer-term concerns that could affect the company's future prospects.
Currently valued at ₹130 crore, the company's stock price stands at ₹452. Over the years, it has seen significant fluctuations, with its price ranging from ₹676 / 356, a reflection of its sensitivity to market conditions and investor sentiment. The stock's Price-to-Earnings (P/E) ratio, currently at 18.8, suggests that it is highly valued in comparison to its earnings, possibly indicating strong future growth expectations or a high level of investor confidence. The book value per share is ₹142, which represents the net asset value of the company per share. The dividend yield of 0.44% provides some return to investors, though it may not be the primary attraction for those investing in the stock. The company's Return on Capital Employed (ROCE) is 22.6%, pointing to efficient use of its capital base to generate profits. The Return on Equity (ROE), at 18.4%, highlights the profitability for shareholders. The company's financial health is further underscored by its very low debt-to-equity ratio of 0.21, signaling conservative financial management. However, the net cash flow is negative at ₹0.17 crore, indicating possible liquidity concerns or heavy investment. The Piotroski score of 7.00 provides a snapshot of its financial stability, while the Graham Number, estimated at ₹277, offers an intrinsic value benchmark. With a Price-to-Book (P/B) ratio of 3.18, the stock seems to be trading at a premium relative to its book value, which could signal strong market expectations or overvaluation risks.
