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Highlights
- Sales over the Year and quarter: The company’s sales declined by -3.12 % over the year, decrease in net sales/revenue by -53.29 %.
- 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 500 %. Marginal decrease of % in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Bhaskar Agrochemicals Ltd.. Profit dropped by -32.71 % Year to Year, Bhaskar Agrochemicals Ltd.’s profitability dropped by -160.62 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -32.42 % Year to Year. EPS decreased by -160.7 % 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. 9.781 Cr | Rs. 20.286 Cr | Rs. 9.476 Cr | -53.29 % | -3.12 % |
Expenses | Rs. 10.86 Cr | Rs. 17.24 Cr | Rs. 9.87 Cr | -42.75 % | -9.12 % |
Operating Profit | Rs. -1.08 Cr | Rs. 3.05 Cr | Rs. -0.39 Cr | -112.79 % | + 63.89 % |
OPM % | -11.04 % | 15.03 % | -4.12 % | -19.15 % | + 6.92 % |
Other Income | Rs. -0.01 Cr | Rs. -0 Cr | Rs. 0.04 Cr | 0 % | + 500 % |
Interest | Rs. 0.47 Cr | Rs. 0.46 Cr | Rs. 0.47 Cr | + 2.17 % | + 0 % |
Depreciation | Rs. 0.31 Cr | Rs. 0.4 Cr | Rs. 0.41 Cr | + 2.5 % | + 32.26 % |
Profit before tax | Rs. -1.87 Cr | Rs. 2.19 Cr | Rs. -1.23 Cr | -156.16 % | + 34.22 % |
Tax % | -28.42 % | 32 % | -27.46 % | -59.46 % | + 0.96 % |
Net Profit | Rs. -1.34 Cr | Rs. 1.48 Cr | Rs. -0.9 Cr | -160.81 % | + 32.84 % |
EPS in Rs | Rs. -2.56 | Rs. 2.85 | Rs. -1.73 | -160.7 % | + 32.42 % |
Today, we’re looking at Bhaskar Agrochemicals 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 -3.12 %. However, it did see a marginal slip of -53.29 % from the previous quarter. Expenses decreased slightly by -42.75 % quarter-on-quarter, aligning with the annual decline of -9.12 %. Operating profit, while up 63.89 % compared to last year, faced a quarter-on-quarter dip of -112.79 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 6.92 %, but a shrinkage of -19.15 % sequentially. despite an annual growth of 500 %. Interest expenses surged remarkably by 2.17 % from the previous quarter, yet the year-over-year increase remains at a moderate 0 %. Depreciation costs climbed by 2.5 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 32.26 %. Profit before tax grew annually by 34.22 % but saw a reduction from the preceding quarter by -156.16 %.
Tax expenses as a percentage of profits increased slightly by 0.96 % compared to last year, with a more notable quarter-on-quarter decrease of -59.46 %. Net profit rose by 32.84 % year-on-year but witnessed a -160.81 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 32.42 % but a quarterly fall of -160.7 %. In summary, Bhaskar Agrochemicals 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. 9.781 Cr | Rs. 20.286 Cr | Rs. 9.476 Cr | -53.29 % | -3.12 % |
Expenses | Rs. 10.86 Cr | Rs. 17.24 Cr | Rs. 9.87 Cr | -42.75 % | -9.12 % |
Operating Profit | Rs. -1.08 Cr | Rs. 3.05 Cr | Rs. -0.39 Cr | -112.79 % | + 63.89 % |
Net Profit | Rs. -1.34 Cr | Rs. 1.48 Cr | Rs. -0.9 Cr | -160.81 % | + 32.84 % |
EPS in Rs | Rs. -2.56 | Rs. 2.85 | Rs. -1.73 | -160.7 % | + 32.42 % |
In reviewing Bhaskar Agrochemicals Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -3.12 % year-on-year, although there was a slight dip of -53.29 % from the previous quarter. Expenses decreased by -9.12 % compared to the previous year, with a decrease of -42.75 % quarter-on-quarter. Operating Profit surged by 63.89 % annually, and saw a -112.79 % decrease from the last quarter.
Net Profit showed yearly increase of 32.84 %, and experienced a -160.81 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 32.42 % annually, however dipped by -160.7 % compared to the last quarter. In essence, while Bhaskar Agrochemicals Ltd. exhibits strong annual growth indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.