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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.
