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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 32.18 % in the past year, substantial increase in net sales/revenue by 105.76 %.
- 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 189.08 %. Marginal increase in other income during this quarter, up by 31.68%.
- Profit over the Year and quarter: Significant improvement in profitability for Bharat Electronics Ltd.,. Notable increase of 30 % in net profit Year to Year, Bharat Electronics Ltd.,’s profitability increased by 108.85 % in this quarter.
- EPS over the Year and quarter: EPS increased by 29.47 % Year to Year. EPS increased by 110.26 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 6479.12 Cr | Rs. 4162.16 Cr | Rs. 8564.08 Cr | + 105.76 % | + 32.18 % |
Expenses | Rs. 4647.28 Cr | Rs. 3089.66 Cr | Rs. 6276.85 Cr | + 103.16 % | + 35.07 % |
Operating Profit | Rs. 1831.84 Cr | Rs. 1072.5 Cr | Rs. 2287.23 Cr | + 113.26 % | + 24.86 % |
OPM % | 28.27 % | 25.77 % | 26.71 % | + 0.94 % | -1.56 % |
Other Income | Rs. 81.79 Cr | Rs. 179.56 Cr | Rs. 236.44 Cr | + 31.68 % | + 189.08 % |
Interest | Rs. 2.46 Cr | Rs. 0.51 Cr | Rs. 4.05 Cr | + 694.12 % | + 64.63 % |
Depreciation | Rs. 113.98 Cr | Rs. 107.46 Cr | Rs. 118.54 Cr | + 10.31 % | + 4 % |
Profit before tax | Rs. 1797.19 Cr | Rs. 1144.09 Cr | Rs. 2401.08 Cr | + 109.87 % | + 33.6 % |
Tax % | 23.3 % | 25.07 % | 25.29 % | + 0.22 % | + 1.99 % |
Net Profit | Rs. 1382.01 Cr | Rs. 860.26 Cr | Rs. 1796.67 Cr | + 108.85 % | + 30 % |
EPS in Rs | Rs. 1.9 | Rs. 1.17 | Rs. 2.46 | + 110.26 % | + 29.47 % |
Today, we’re looking at Bharat Electronics Ltd.,’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 32.18 %. However, it did see a marginal increase of 105.76 % from the previous quarter. Expenses ticked up slightly by 103.16 % quarter-on-quarter, aligning with the annual rise of 35.07 %. Operating profit, while up 24.86 % compared to last year, faced a quarter-on-quarter increase of 113.26 %, 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 -1.56 %, but an expansion of 0.94 % sequentially. Other income rose by 31.68 % compared to the last quarter, despite an annual growth of 189.08 %. Interest expenses surged remarkably by 694.12 % from the previous quarter, yet the year-over-year increase remains at a moderate 64.63 %. Depreciation costs climbed by 10.31 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 4 %. Profit before tax grew annually by 33.6 % but saw an increase from the preceding quarter by 109.87 %.
Tax expenses as a percentage of profits increased slightly by 1.99 % compared to last year, with a more notable quarter-on-quarter increase of 0.22 %. Net profit rose by 30 % year-on-year but experienced a 108.85 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 29.47 % but a quarterly rise of 110.26 %. In summary, Bharat Electronics 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. 6479.12 Cr | Rs. 4162.16 Cr | Rs. 8564.08 Cr | + 105.76 % | + 32.18 % |
Expenses | Rs. 4647.28 Cr | Rs. 3089.66 Cr | Rs. 6276.85 Cr | + 103.16 % | + 35.07 % |
Operating Profit | Rs. 1831.84 Cr | Rs. 1072.5 Cr | Rs. 2287.23 Cr | + 113.26 % | + 24.86 % |
Net Profit | Rs. 1382.01 Cr | Rs. 860.26 Cr | Rs. 1796.67 Cr | + 108.85 % | + 30 % |
EPS in Rs | Rs. 1.9 | Rs. 1.17 | Rs. 2.46 | + 110.26 % | + 29.47 % |
In reviewing Bharat Electronics Ltd.,’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 32.18 % year-on-year growth, however, there was a minor increase of 105.76 % from the previous quarter. Expenses rose by 35.07 % compared to the previous year, with a 103.16 % increase quarter-on-quarter. Operating Profit surged by 24.86 % annually, and saw a 113.26 % increase from the last quarter.
Net Profit showed yearly increase of 30 %, and experienced a 108.85 % increase from the previous quarter. Earnings Per Share (EPS) rose by 29.47 % annually, however rose by 110.26 % compared to the last quarter. In essence, while Bharat Electronics 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.