Bhandari Hosiery Exports : Q4 2024 Financial Quarterly Report : YoY Sales Down 19.54 %, QoQ Up 47.38 %

The comprehensive analytics outlining the performance and outlook of Bhandari Hosiery Exports Ltd.”s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Today, we’re looking at Bhandari Hosiery Exports Ltd.’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -19.54 %. However, it did see a marginal increase of 47.38 % from the previous quarter. Expenses ticked up slightly by 51.22 % quarter-on-quarter, aligning with the annual decline of -21.84 %. Operating profit, while up 20.6 % compared to last year, faced a quarter-on-quarter increase of 14.47 %, 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 2.7 %, but a shrinkage of -2.33 % sequentially. Other income rose by 1350 % compared to the last quarter, despite an annual decline of -82.32 %. Interest expenses surged remarkably by 14.69 % from the previous quarter, yet the year-over-year increase remains at a moderate 21.93 %. Depreciation costs climbed by 19.08 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 60.82 %. Profit before tax declined annually by -32.91 % but saw an increase from the preceding quarter by 23.83 %.
Tax expenses as a percentage of profits increased slightly by 4.08 % compared to last year, with a more notable quarter-on-quarter increase of 20.3 %. Net profit rose by 4.46 % year-on-year but witnessed a -7.34 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -10 % but a quarterly fall of -18.18 %. In summary, Bhandari Hosiery Exports Ltd.’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

In reviewing Bhandari Hosiery Exports Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -19.54 % year-on-year, however, there was a minor increase of 47.38 % from the previous quarter. Expenses decreased by -21.84 % compared to the previous year, with a 51.22 % increase quarter-on-quarter. Operating Profit surged by 20.6 % annually, and saw a 14.47 % increase from the last quarter.
Net Profit showed yearly increase of 4.46 %, and experienced a -7.34 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -10 % annually, however dipped by -18.18 % compared to the last quarter. In essence, while Bhandari Hosiery Exports Ltd. 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.