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Highlights
- The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company’s sales declined by -12.3 % over the year, substantial increase in net sales/revenue by 0.17 %.
- 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 368.47 %. Marginal increase in other income during this quarter, up by 50.51%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Bigbloc Construction Limited. Profit dropped by -97.47 % Year to Year, Bigbloc Construction Limited’s profitability dropped by -93.74 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -85.98 % Year to Year. EPS decreased by -75.81 % 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. 58.902 Cr | Rs. 51.57 Cr | Rs. 51.659 Cr | + 0.17 % | -12.3 % |
Expenses | Rs. 44.04 Cr | Rs. 41.93 Cr | Rs. 43.99 Cr | + 4.91 % | -0.11 % |
Operating Profit | Rs. 14.86 Cr | Rs. 9.64 Cr | Rs. 7.67 Cr | -20.44 % | -48.38 % |
OPM % | 25.23 % | 18.69 % | 14.85 % | -3.84 % | -10.38 % |
Other Income | Rs. 0.222 Cr | Rs. 0.691 Cr | Rs. 1.04 Cr | + 50.51 % | + 368.47 % |
Interest | Rs. 2.25 Cr | Rs. 2.91 Cr | Rs. 3.58 Cr | + 23.02 % | + 59.11 % |
Depreciation | Rs. 2.59 Cr | Rs. 3.09 Cr | Rs. 3.25 Cr | + 5.18 % | + 25.48 % |
Profit before tax | Rs. 10.24 Cr | Rs. 4.33 Cr | Rs. 1.88 Cr | -56.58 % | -81.64 % |
Tax % | 26.6 % | 29.97 % | 89.91 % | + 59.94 % | + 63.31 % |
Net Profit | Rs. 7.52 Cr | Rs. 3.03 Cr | Rs. 0.19 Cr | -93.73 % | -97.47 % |
EPS in Rs | Rs. 1.07 | Rs. 0.62 | Rs. 0.15 | -75.81 % | -85.98 % |
Today, we’re looking at Bigbloc Construction Limited’s financial performance for the Q2(Sep 2024-25).Starting with the top line, the company reported a significant year-over-year sales decline of -12.3 %. However, it did see a marginal increase of 0.17 % from the previous quarter. Expenses ticked up slightly by 4.91 % quarter-on-quarter, aligning with the annual decline of -0.11 %. Operating profit, while down -48.38 % compared to last year, faced a quarter-on-quarter dip of -20.44 %, 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 -10.38 %, but a shrinkage of -3.84 % sequentially. Other income rose by 50.51 % compared to the last quarter, despite an annual growth of 368.47 %. Interest expenses surged remarkably by 23.02 % from the previous quarter, yet the year-over-year increase remains at a moderate 59.11 %. Depreciation costs climbed by 5.18 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 25.48 %. Profit before tax declined annually by -81.64 % but saw a reduction from the preceding quarter by -56.58 %.
Tax expenses as a percentage of profits increased slightly by 63.31 % compared to last year, with a more notable quarter-on-quarter increase of 59.94 %. Net profit fell by -97.47 % year-on-year but witnessed a -93.73 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -85.98 % but a quarterly fall of -75.81 %. In summary, Bigbloc Construction 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. 58.902 Cr | Rs. 51.57 Cr | Rs. 51.659 Cr | + 0.17 % | -12.3 % |
Expenses | Rs. 44.04 Cr | Rs. 41.93 Cr | Rs. 43.99 Cr | + 4.91 % | -0.11 % |
Operating Profit | Rs. 14.86 Cr | Rs. 9.64 Cr | Rs. 7.67 Cr | -20.44 % | -48.38 % |
Net Profit | Rs. 7.52 Cr | Rs. 3.03 Cr | Rs. 0.19 Cr | -93.73 % | -97.47 % |
EPS in Rs | Rs. 1.07 | Rs. 0.62 | Rs. 0.15 | -75.81 % | -85.98 % |
In reviewing Bigbloc Construction Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -12.3 % year-on-year, however, there was a minor increase of 0.17 % from the previous quarter. Expenses decreased by -0.11 % compared to the previous year, with a 4.91 % increase quarter-on-quarter. Operating Profit dropped by -48.38 % annually, and saw a -20.44 % decrease from the last quarter.
Net Profit showed yearly decrease of -97.47 %, and experienced a -93.73 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -85.98 % annually, however dipped by -75.81 % compared to the last quarter. In essence, while Bigbloc Construction Limited faces strong annual decline indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.
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