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Bhandari Hosiery Exports Reports Q2: Revenue Up by 7.46% Year-on-Year

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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.

The comprehensive analytics outlining the performance and outlook of Bhandari Hosiery Exports Limited‘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.

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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