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Highlights
- Sales over the Year and quarter: The company’s sales declined by -2.05% over the yearSubstantial increase in net sales/revenue by 10.06%.
- 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 2.49%Marginal decrease of -14.99% in other income during this quarter
- Profit over the Year and quarter: Significant improvement in profitability for Bhansali Engineering Polymers Ltd.,. Notable increase of 183.56% in net profit Year to YearBhansali Engineering Polymers Ltd.,’s profitability increased by 0.50% in this quarter.
- EPS over the Year and quarter: EPS increased by 88.37% Year to Year.EPS increased by 0.00%. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 327.9 Cr | Rs. 291.836 Cr | Rs. 321.182 Cr | + 10.06% | -2.05% |
Expenses | Rs. 305.81 Cr | Rs. 244.98 Cr | Rs. 270.11 Cr | + 10.26% | -11.67% |
Operating Profit | Rs. 22.09 Cr | Rs. 46.86 Cr | Rs. 51.07 Cr | + 8.98% | + 131.19% |
OPM % | 6.74 % | 16.06 % | 15.9 % | -0.16% | + 9.16% |
Other Income | Rs. 8.02 Cr | Rs. 9.67 Cr | Rs. 8.22 Cr | -14.99% | + 2.49% |
Interest | Rs. 0.09 Cr | Rs. 0.05 Cr | Rs. 0.05 Cr | + 0% | -44.44% |
Depreciation | Rs. 2.44 Cr | Rs. 2.43 Cr | Rs. 2.36 Cr | -2.88% | -3.28% |
Profit before tax | Rs. 27.58 Cr | Rs. 54.05 Cr | Rs. 56.88 Cr | + 5.24% | + 106.24% |
Tax % | 48.6 % | 25.65 % | 29.04 % | + 3.39% | -19.56% |
Net Profit | Rs. 14.26 Cr | Rs. 40.22 Cr | Rs. 40.43 Cr | + 0.52% | + 183.52% |
EPS in Rs | Rs. 0.86 | Rs. 1.62 | Rs. 1.62 | + 0% | + 88.37% |
Today, we’re looking at Bhansali Engineering Polymers 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 -2.05%. However, it did see a marginal increase of 10.06% from the previous quarter.Expenses ticked up slightly by 10.26% quarter-on-quarter, aligning with the annual decline of -11.67%. Operating profit, while up 131.19% compared to last year, faced a quarter-on-quarter increase of 8.98%, 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 9.16%, but a shrinkage of -0.16% sequentially. Other income fell by -14.99% compared to the last quarter, despite an annual growth of 2.49%. Interest expenses surged remarkably by 0% from the previous quarter, yet the year-over-year decrease remains at a moderate -44.44%. Depreciation costs fell by -2.88% quarter-on-quarter, yet on an annual scale, they experienced a reduction of -3.28%. Profit before tax grew annually by 106.24% but saw an increase from the preceding quarter by 5.24%.
Tax expenses as a percentage of profits decreased slightly by -19.56% compared to last year, with a more notable quarter-on-quarter increase of 3.39%. Net profit rose by 183.52% year-on-year but experienced a 0.52% expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 88.37% but a quarterly rise of 0%. In summary, Bhansali Engineering Polymers 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. 327.9 Cr | Rs. 291.836 Cr | Rs. 321.182 Cr | + 10.06% | -2.05% |
Expenses | Rs. 305.81 Cr | Rs. 244.98 Cr | Rs. 270.11 Cr | + 10.26% | -11.67% |
Operating Profit | Rs. 22.09 Cr | Rs. 46.86 Cr | Rs. 51.07 Cr | + 8.98% | + 131.19% |
Net Profit | Rs. 14.26 Cr | Rs. 40.22 Cr | Rs. 40.43 Cr | + 0.52% | + 183.52% |
EPS in Rs | Rs. 0.86 | Rs. 1.62 | Rs. 1.62 | + 0% | + 88.37% |
In reviewing Bhansali Engineering Polymers Ltd.,’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -2.05% year-on-year, however, there was a minor increase of 10.06% from the previous quarter. Expenses decreased by -11.67% compared to the previous year, with a 10.26% increase quarter-on-quarter. Operating Profit surged by 131.19% annually, and saw a 8.98% increase from the last quarter.
Net Profit showed yearly increase of 183.52%, and experienced a 0.52% increase from the previous quarter. Earnings Per Share (EPS) rose by 88.37% annually, however rose by 0% compared to the last quarter. In essence, while Bhansali Engineering Polymers 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.