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Highlights
- Sales over the Year and quarter: The company’s sales declined by -38.22 % over the year, substantial increase in net sales/revenue by 22.3 %.
- 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 68.75 %. Marginal increase in other income during this quarter, up by 1250%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Bhagyanagar India Limited. Profit dropped by -57.86 % Year to Year, Bhagyanagar India Limited’s profitability dropped by -11.58 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -58.01 % Year to Year. EPS decreased by -11.63 % 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. 663.171 Cr | Rs. 334.985 Cr | Rs. 409.679 Cr | + 22.3 % | -38.22 % |
Expenses | Rs. 648.49 Cr | Rs. 326.29 Cr | Rs. 400.86 Cr | + 22.85 % | -38.19 % |
Operating Profit | Rs. 14.68 Cr | Rs. 8.69 Cr | Rs. 8.82 Cr | + 1.5 % | -39.92 % |
OPM % | 2.21 % | 2.59 % | 2.15 % | -0.44 % | -0.06 % |
Other Income | Rs. 0.64 Cr | Rs. 0.08 Cr | Rs. 1.08 Cr | + 1250 % | + 68.75 % |
Interest | Rs. 5.44 Cr | Rs. 3.73 Cr | Rs. 2.93 Cr | -21.45 % | -46.14 % |
Depreciation | Rs. 1.59 Cr | Rs. 1.52 Cr | Rs. 2.15 Cr | + 41.45 % | + 35.22 % |
Profit before tax | Rs. 8.29 Cr | Rs. 3.52 Cr | Rs. 4.82 Cr | + 36.93 % | -41.86 % |
Tax % | 30.1 % | 21.73 % | 49.33 % | + 27.6 % | + 19.23 % |
Net Profit | Rs. 5.8 Cr | Rs. 2.76 Cr | Rs. 2.44 Cr | -11.59 % | -57.93 % |
EPS in Rs | Rs. 1.81 | Rs. 0.86 | Rs. 0.76 | -11.63 % | -58.01 % |
Today, we’re looking at Bhagyanagar India 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 -38.22 %. However, it did see a marginal increase of 22.3 % from the previous quarter. Expenses ticked up slightly by 22.85 % quarter-on-quarter, aligning with the annual decline of -38.19 %. Operating profit, while down -39.92 % compared to last year, faced a quarter-on-quarter increase of 1.5 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -0.06 %, but a shrinkage of -0.44 % sequentially. Other income rose by 1250 % compared to the last quarter, despite an annual growth of 68.75 %. Interest expenses dropped significantly by -21.45 % from the previous quarter, yet the year-over-year decrease remains at a moderate -46.14 %. Depreciation costs climbed by 41.45 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 35.22 %. Profit before tax declined annually by -41.86 % but saw an increase from the preceding quarter by 36.93 %.
Tax expenses as a percentage of profits increased slightly by 19.23 % compared to last year, with a more notable quarter-on-quarter increase of 27.6 %. Net profit fell by -57.93 % year-on-year but witnessed a -11.59 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -58.01 % but a quarterly fall of -11.63 %. In summary, Bhagyanagar India 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. 663.171 Cr | Rs. 334.985 Cr | Rs. 409.679 Cr | + 22.3 % | -38.22 % |
Expenses | Rs. 648.49 Cr | Rs. 326.29 Cr | Rs. 400.86 Cr | + 22.85 % | -38.19 % |
Operating Profit | Rs. 14.68 Cr | Rs. 8.69 Cr | Rs. 8.82 Cr | + 1.5 % | -39.92 % |
Net Profit | Rs. 5.8 Cr | Rs. 2.76 Cr | Rs. 2.44 Cr | -11.59 % | -57.93 % |
EPS in Rs | Rs. 1.81 | Rs. 0.86 | Rs. 0.76 | -11.63 % | -58.01 % |
In reviewing Bhagyanagar India Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -38.22 % year-on-year, however, there was a minor increase of 22.3 % from the previous quarter. Expenses decreased by -38.19 % compared to the previous year, with a 22.85 % increase quarter-on-quarter. Operating Profit dropped by -39.92 % annually, and saw a 1.5 % increase from the last quarter.
Net Profit showed yearly decrease of -57.93 %, and experienced a -11.59 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -58.01 % annually, however dipped by -11.63 % compared to the last quarter. In essence, while Bhagyanagar India Limited faces strong annual decline 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.