Share the post "Bhagwati Autocast ‘s Q2 Report: Revenue Falls by 11.55% YoY"
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 -11.55 % over the year, substantial increase in net sales/revenue by 0.98 %.
- 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 661.76 %. Marginal increase in other income during this quarter, up by 6375%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Bhagwati Autocast Limited. Profit dropped by -159.8 % Year to Year, Bhagwati Autocast Limited’s profitability dropped by -119.26 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -159.71 % Year to Year. EPS decreased by -119.24 % 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. 39.589 Cr | Rs. 34.677 Cr | Rs. 35.016 Cr | + 0.98 % | -11.55 % |
Expenses | Rs. 35.36 Cr | Rs. 31.22 Cr | Rs. 33.7 Cr | + 7.94 % | -4.69 % |
Operating Profit | Rs. 4.23 Cr | Rs. 3.46 Cr | Rs. 1.32 Cr | -61.85 % | -68.79 % |
OPM % | 10.68 % | 9.98 % | 3.77 % | -6.21 % | -6.91 % |
Other Income | Rs. 0.034 Cr | Rs. 0.004 Cr | Rs. 0.259 Cr | + 6375 % | + 661.76 % |
Interest | Rs. 0.24 Cr | Rs. 0.24 Cr | Rs. 0.37 Cr | + 54.17 % | + 54.17 % |
Depreciation | Rs. 0.63 Cr | Rs. 0.57 Cr | Rs. 1.17 Cr | + 105.26 % | + 85.71 % |
Profit before tax | Rs. 3.39 Cr | Rs. 2.65 Cr | Rs. 0.04 Cr | -98.49 % | -98.82 % |
Tax % | 76.41 % | 6.15 % | 1240.48 % | + 1234.33 % | + 1164.07 % |
Net Profit | Rs. 0.8 Cr | Rs. 2.49 Cr | Rs. -0.48 Cr | -119.28 % | -160 % |
EPS in Rs | Rs. 2.78 | Rs. 8.63 | Rs. -1.66 | -119.24 % | -159.71 % |
Today, we’re looking at Bhagwati Autocast Limited’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 -11.55 %. However, it did see a marginal increase of 0.98 % from the previous quarter. Expenses ticked up slightly by 7.94 % quarter-on-quarter, aligning with the annual decline of -4.69 %. Operating profit, while down -68.79 % compared to last year, faced a quarter-on-quarter dip of -61.85 %, 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 -6.91 %, but a shrinkage of -6.21 % sequentially. Other income rose by 6375 % compared to the last quarter, despite an annual growth of 661.76 %. Interest expenses surged remarkably by 54.17 % from the previous quarter, yet the year-over-year increase remains at a moderate 54.17 %. Depreciation costs climbed by 105.26 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 85.71 %. Profit before tax declined annually by -98.82 % but saw a reduction from the preceding quarter by -98.49 %.
Tax expenses as a percentage of profits increased slightly by 1164.07 % compared to last year, with a more notable quarter-on-quarter increase of 1234.33 %. Net profit fell by -160 % year-on-year but witnessed a -119.28 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -159.71 % but a quarterly fall of -119.24 %. 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. 39.589 Cr | Rs. 34.677 Cr | Rs. 35.016 Cr | + 0.98 % | -11.55 % |
Expenses | Rs. 35.36 Cr | Rs. 31.22 Cr | Rs. 33.7 Cr | + 7.94 % | -4.69 % |
Operating Profit | Rs. 4.23 Cr | Rs. 3.46 Cr | Rs. 1.32 Cr | -61.85 % | -68.79 % |
Net Profit | Rs. 0.8 Cr | Rs. 2.49 Cr | Rs. -0.48 Cr | -119.28 % | -160 % |
EPS in Rs | Rs. 2.78 | Rs. 8.63 | Rs. -1.66 | -119.24 % | -159.71 % |
In reviewing Bhagwati Autocast Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -11.55 % year-on-year, however, there was a minor increase of 0.98 % from the previous quarter. Expenses decreased by -4.69 % compared to the previous year, with a 7.94 % increase quarter-on-quarter. Operating Profit dropped by -68.79 % annually, and saw a -61.85 % decrease from the last quarter.
Net Profit showed yearly decrease of -160 %, and experienced a -119.28 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -159.71 % annually, however dipped by -119.24 % compared to the last quarter. In essence, while Bhagwati Autocast 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.
58
3-Year Profit
14
5-Year Profit
4
10-Year Profit
452
Current Price
130
Market Cap
Upon examining the financial data for BSE code 504646, it becomes clear that the company achieved a notable five-year profit of 14 percents, which impressively increased to 58 percents in the three-year window. This upward trajectory, however, has been overshadowed by the latest trailing twelve-month (TTM) figures, which indicate a concerning loss of -3 percents. This financial loss is further compounded by the fact that the company has not recorded any sales across any of the timeframes under consideration. Such an unusual situation might suggest that the company operates under an unconventional business model, which could potentially carry higher risks. In terms of stock performance, the company’s stock price has seen a decline, falling from 40 percents over the five-year period to just -22 percents in the last year. The ten-year average stock price, which sits at 22 percents, highlights long-term volatility, casting doubt on the company's ability to sustain its market position over time. This warrants further investigation into the factors driving these fluctuations.
The company currently holds a market cap of ₹130 crore, with its stock trading at ₹452. Historically, the stock has fluctuated between ₹676 / 356, reflecting its performance in response to market dynamics and various economic factors. The company's Price-to-Earnings (P/E) ratio stands at 18.8, indicating that the stock is perceived as highly valued by the market, possibly driven by expectations of future earnings growth. The book value per share is ₹142, which offers insight into the company's intrinsic worth, while its dividend yield of 0.44% provides a steady return for long-term investors. Return on Capital Employed (ROCE) is 22.6%, showcasing the company’s ability to generate profits from its capital investments. Return on Equity (ROE) is 18.4%, highlighting how efficiently the company uses shareholder funds to generate profits. The debt-to-equity ratio is very low at 0.21, which is a positive indicator of financial stability. However, the company’s net cash flow of ₹0.17 crore raises concerns about its liquidity position. The Piotroski score of 7.00 reflects the company’s overall financial health, while the Graham Number of ₹277 suggests the stock's intrinsic value. Despite these factors, the Price-to-Book (P/B) ratio of 3.18 indicates that the stock is trading at a premium to its book value, which might imply market optimism about the company's future growth prospects.