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Highlights
- Sales over the Year and quarter: The company’s sales declined by -4.86 % over the year, substantial increase in net sales/revenue by 19.6 %.
- 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 2.13 %. Marginal decrease of -75.88% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Bharat Gears Ltd.,. Profit dropped by -308.33 % Year to Year, Bharat Gears Ltd.,’s profitability dropped by -68.18 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -309.26 % Year to Year. EPS decreased by -68.52 % 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. 179.49 Cr | Rs. 142.78 Cr | Rs. 170.77 Cr | + 19.6 % | -4.86 % |
Expenses | Rs. 169.67 Cr | Rs. 141.99 Cr | Rs. 163.47 Cr | + 15.13 % | -3.65 % |
Operating Profit | Rs. 9.82 Cr | Rs. 0.79 Cr | Rs. 7.3 Cr | + 824.05 % | -25.66 % |
OPM % | 5.47 % | 0.55 % | 4.27 % | + 3.72 % | -1.2 % |
Other Income | Rs. 0.47 Cr | Rs. 1.99 Cr | Rs. 0.48 Cr | -75.88 % | + 2.13 % |
Interest | Rs. 4.56 Cr | Rs. 4.33 Cr | Rs. 4.36 Cr | + 0.69 % | -4.39 % |
Depreciation | Rs. 5.23 Cr | Rs. 5.62 Cr | Rs. 5.67 Cr | + 0.89 % | + 8.41 % |
Profit before tax | Rs. 0.5 Cr | Rs. -7.17 Cr | Rs. -2.25 Cr | + 68.62 % | -550 % |
Tax % | 68 % | -23.29 % | -22.22 % | + 1.07 % | -90.22 % |
Net Profit | Rs. 0.84 Cr | Rs. -5.5 Cr | Rs. -1.75 Cr | + 68.18 % | -308.33 % |
EPS in Rs | Rs. 0.54 | Rs. -3.59 | Rs. -1.13 | + 68.52 % | -309.26 % |
Today, we’re looking at Bharat Gears 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 -4.86 %. However, it did see a marginal increase of 19.6 % from the previous quarter. Expenses ticked up slightly by 15.13 % quarter-on-quarter, aligning with the annual decline of -3.65 %. Operating profit, while down -25.66 % compared to last year, faced a quarter-on-quarter increase of 824.05 %, 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 -1.2 %, but an expansion of 3.72 % sequentially. Other income fell by -75.88 % compared to the last quarter, despite an annual growth of 2.13 %. Interest expenses surged remarkably by 0.69 % from the previous quarter, yet the year-over-year decrease remains at a moderate -4.39 %. Depreciation costs climbed by 0.89 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 8.41 %. Profit before tax declined annually by -550 % but saw an increase from the preceding quarter by 68.62 %.
Tax expenses as a percentage of profits decreased slightly by -90.22 % compared to last year, with a more notable quarter-on-quarter increase of 1.07 %. Net profit fell by -308.33 % year-on-year but experienced a 68.18 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -309.26 % but a quarterly rise of 68.52 %. In summary, Bharat Gears 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. 179.49 Cr | Rs. 142.78 Cr | Rs. 170.77 Cr | + 19.6 % | -4.86 % |
Expenses | Rs. 169.67 Cr | Rs. 141.99 Cr | Rs. 163.47 Cr | + 15.13 % | -3.65 % |
Operating Profit | Rs. 9.82 Cr | Rs. 0.79 Cr | Rs. 7.3 Cr | + 824.05 % | -25.66 % |
Net Profit | Rs. 0.84 Cr | Rs. -5.5 Cr | Rs. -1.75 Cr | + 68.18 % | -308.33 % |
EPS in Rs | Rs. 0.54 | Rs. -3.59 | Rs. -1.13 | + 68.52 % | -309.26 % |
In reviewing Bharat Gears Ltd.,’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -4.86 % year-on-year, however, there was a minor increase of 19.6 % from the previous quarter. Expenses decreased by -3.65 % compared to the previous year, with a 15.13 % increase quarter-on-quarter. Operating Profit dropped by -25.66 % annually, and saw a 824.05 % increase from the last quarter.
Net Profit showed yearly decrease of -308.33 %, and experienced a 68.18 % increase from the previous quarter. Earnings Per Share (EPS) fell by -309.26 % annually, however rose by 68.52 % compared to the last quarter. In essence, while Bharat Gears Ltd., 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.