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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 -23.87 % over the year, substantial increase in net sales/revenue by 52.26 %.
- 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 2600 %. Marginal increase in other income during this quarter, up by 222.73%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Bhagwati Oxygen Ltd.,. Profit dropped by -80.38 % Year to Year, Bhagwati Oxygen Ltd.,’s profitability dropped by -88.57 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -80.47 % Year to Year. EPS decreased by -88.62 % 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. 0.31 Cr | Rs. 0.155 Cr | Rs. 0.236 Cr | + 52.26 % | -23.87 % |
Expenses | Rs. 0.79 Cr | Rs. 2.01 Cr | Rs. 0.5 Cr | -75.12 % | -36.71 % |
Operating Profit | Rs. -0.48 Cr | Rs. -1.86 Cr | Rs. -0.26 Cr | + 86.02 % | + 45.83 % |
OPM % | -154.84 % | -1200 % | -110.17 % | + 1089.83 % | + 44.67 % |
Other Income | Rs. 0.004 Cr | Rs. -0.088 Cr | Rs. 0.108 Cr | + 222.73 % | + 2600 % |
Interest | Rs. 0.16 Cr | Rs. 0.02 Cr | Rs. 0.03 Cr | + 50 % | -81.25 % |
Depreciation | Rs. 0.41 Cr | Rs. 0.01 Cr | Rs. 0.01 Cr | + 0 % | -97.56 % |
Profit before tax | Rs. -1.05 Cr | Rs. -1.98 Cr | Rs. -0.19 Cr | + 90.4 % | + 81.9 % |
Tax % | -5.25 % | -13.49 % | -1.55 % | + 11.94 % | + 3.7 % |
Net Profit | Rs. -0.99 Cr | Rs. -1.71 Cr | Rs. -0.2 Cr | + 88.3 % | + 79.8 % |
EPS in Rs | Rs. -4.3 | Rs. -7.38 | Rs. -0.84 | + 88.62 % | + 80.47 % |
Today, we’re looking at Bhagwati Oxygen Ltd.,’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -23.87 %. However, it did see a marginal increase of 52.26 % from the previous quarter. Expenses decreased slightly by -75.12 % quarter-on-quarter, aligning with the annual decline of -36.71 %. Operating profit, while up 45.83 % compared to last year, faced a quarter-on-quarter increase of 86.02 %, 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 44.67 %, but an expansion of 1089.83 % sequentially. Other income rose by 222.73 % compared to the last quarter, despite an annual growth of 2600 %. Interest expenses surged remarkably by 50 % from the previous quarter, yet the year-over-year decrease remains at a moderate -81.25 %. Depreciation costs climbed by 0 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -97.56 %. Profit before tax grew annually by 81.9 % but saw an increase from the preceding quarter by 90.4 %.
Tax expenses as a percentage of profits increased slightly by 3.7 % compared to last year, with a more notable quarter-on-quarter increase of 11.94 %. Net profit rose by 79.8 % year-on-year but experienced a 88.3 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 80.47 % but a quarterly rise of 88.62 %. In summary, Bhagwati Oxygen 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. 0.31 Cr | Rs. 0.155 Cr | Rs. 0.236 Cr | + 52.26 % | -23.87 % |
Expenses | Rs. 0.79 Cr | Rs. 2.01 Cr | Rs. 0.5 Cr | -75.12 % | -36.71 % |
Operating Profit | Rs. -0.48 Cr | Rs. -1.86 Cr | Rs. -0.26 Cr | + 86.02 % | + 45.83 % |
Net Profit | Rs. -0.99 Cr | Rs. -1.71 Cr | Rs. -0.2 Cr | + 88.3 % | + 79.8 % |
EPS in Rs | Rs. -4.3 | Rs. -7.38 | Rs. -0.84 | + 88.62 % | + 80.47 % |
In reviewing Bhagwati Oxygen Ltd.,’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -23.87 % year-on-year, however, there was a minor increase of 52.26 % from the previous quarter. Expenses decreased by -36.71 % compared to the previous year, with a decrease of -75.12 % quarter-on-quarter. Operating Profit surged by 45.83 % annually, and saw a 86.02 % increase from the last quarter.
Net Profit showed yearly increase of 79.8 %, and experienced a 88.3 % increase from the previous quarter. Earnings Per Share (EPS) rose by 80.47 % annually, however rose by 88.62 % compared to the last quarter. In essence, while Bhagwati Oxygen Ltd., 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.