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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 experienced a substantial growth of 7.46 % in the past year, substantial increase in net sales/revenue by 17.57 %.
- Profit over the Year and quarter: Challenges in sustaining profitability for Bhandari Hosiery Exports Limited. Profit dropped by -0.83 % Year to Year, Bhandari Hosiery Exports Limited’s profitability increased by 17.03 % in this quarter.
- EPS over the Year and quarter: EPS declined by -36.36 % Year to Year. EPS decreased by -22.22 % 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. 63.524 Cr | Rs. 58.059 Cr | Rs. 68.262 Cr | + 17.57 % | + 7.46 % |
Expenses | Rs. 57.11 Cr | Rs. 50.99 Cr | Rs. 61.87 Cr | + 21.34 % | + 8.33 % |
Operating Profit | Rs. 6.41 Cr | Rs. 7.07 Cr | Rs. 6.39 Cr | -9.62 % | -0.31 % |
OPM % | 10.09 % | 12.18 % | 9.36 % | -2.82 % | -0.73 % |
Other Income | Rs. 0.001 Cr | Rs. 0 Cr | Rs. 0.092 Cr | 0 % | + 9100 % |
Interest | Rs. 2.85 Cr | Rs. 3.21 Cr | Rs. 2.68 Cr | -16.51 % | -5.96 % |
Depreciation | Rs. 1.3 Cr | Rs. 1.95 Cr | Rs. 1.49 Cr | -23.59 % | + 14.62 % |
Profit before tax | Rs. 2.26 Cr | Rs. 1.91 Cr | Rs. 2.31 Cr | + 20.94 % | + 2.21 % |
Tax % | 25.62 % | 25.17 % | 27.96 % | + 2.79 % | + 2.34 % |
Net Profit | Rs. 1.68 Cr | Rs. 1.43 Cr | Rs. 1.67 Cr | + 16.78 % | -0.6 % |
EPS in Rs | Rs. 0.11 | Rs. 0.09 | Rs. 0.07 | -22.22 % | -36.36 % |
Today, we’re looking at Bhandari Hosiery Exports Limited’s financial performance for the Q2(Sep 2024-25).Starting with the top line, the company reported a robust year-over-year sales growth of 7.46 %. However, it did see a marginal increase of 17.57 % from the previous quarter. Expenses ticked up slightly by 21.34 % quarter-on-quarter, aligning with the annual rise of 8.33 %. Operating profit, while down -0.31 % compared to last year, faced a quarter-on-quarter dip of -9.62 %, 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 -0.73 %, but a shrinkage of -2.82 % sequentially. despite an annual growth of 9100 %. Interest expenses dropped significantly by -16.51 % from the previous quarter, yet the year-over-year decrease remains at a moderate -5.96 %. Depreciation costs fell by -23.59 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 14.62 %. Profit before tax grew annually by 2.21 % but saw an increase from the preceding quarter by 20.94 %.
Tax expenses as a percentage of profits increased slightly by 2.34 % compared to last year, with a more notable quarter-on-quarter increase of 2.79 %. Net profit fell by -0.6 % year-on-year but experienced a 16.78 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -36.36 % but a quarterly fall of -22.22 %. In summary, Bhandari Hosiery Exports 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. 63.524 Cr | Rs. 58.059 Cr | Rs. 68.262 Cr | + 17.57 % | + 7.46 % |
Expenses | Rs. 57.11 Cr | Rs. 50.99 Cr | Rs. 61.87 Cr | + 21.34 % | + 8.33 % |
Operating Profit | Rs. 6.41 Cr | Rs. 7.07 Cr | Rs. 6.39 Cr | -9.62 % | -0.31 % |
Net Profit | Rs. 1.68 Cr | Rs. 1.43 Cr | Rs. 1.67 Cr | + 16.78 % | -0.6 % |
EPS in Rs | Rs. 0.11 | Rs. 0.09 | Rs. 0.07 | -22.22 % | -36.36 % |
In reviewing Bhandari Hosiery Exports Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 7.46 % year-on-year growth, however, there was a minor increase of 17.57 % from the previous quarter. Expenses rose by 8.33 % compared to the previous year, with a 21.34 % increase quarter-on-quarter. Operating Profit dropped by -0.31 % annually, and saw a -9.62 % decrease from the last quarter.
Net Profit showed yearly decrease of -0.6 %, and experienced a 16.78 % increase from the previous quarter. Earnings Per Share (EPS) fell by -36.36 % annually, however dipped by -22.22 % compared to the last quarter. In essence, while Bhandari Hosiery Exports 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.
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