Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 32.92 % in the past year, decrease in net sales/revenue by -1.55 %.
- 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 151.09 %. Marginal increase in other income during this quarter, up by 97.59%.
- Profit over the Year and quarter: Significant improvement in profitability for Bikaji Foods International Limited. Notable increase of 203.72 % in net profit Year to Year, Bikaji Foods International Limited’s profitability increased by 152.84 % in this quarter.
- EPS over the Year and quarter: EPS increased by 207.28 % Year to Year. EPS increased by 148.13 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 462.264 Cr | Rs. 624.147 Cr | Rs. 614.448 Cr | -1.55 % | + 32.92 % |
| Expenses | Rs. 400.43 Cr | Rs. 549.19 Cr | Rs. 453.23 Cr | -17.47 % | + 13.19 % |
| Operating Profit | Rs. 61.83 Cr | Rs. 74.96 Cr | Rs. 161.22 Cr | + 115.07 % | + 160.75 % |
| OPM % | 13.38 % | 12.01 % | 26.24 % | + 14.23 % | + 12.86 % |
| Other Income | Rs. 4.58 Cr | Rs. 5.82 Cr | Rs. 11.5 Cr | + 97.59 % | + 151.09 % |
| Interest | Rs. 12.36 Cr | Rs. 2.87 Cr | Rs. 2.63 Cr | -8.36 % | -78.72 % |
| Depreciation | Rs. 2.65 Cr | Rs. 15.73 Cr | Rs. 15.35 Cr | -2.42 % | + 479.25 % |
| Profit before tax | Rs. 51.4 Cr | Rs. 62.18 Cr | Rs. 154.74 Cr | + 148.86 % | + 201.05 % |
| Tax % | 25.52 % | 26.04 % | 24.86 % | -1.18 % | -0.66 % |
| Net Profit | Rs. 38.29 Cr | Rs. 45.99 Cr | Rs. 116.28 Cr | + 152.84 % | + 203.68 % |
| EPS in Rs | Rs. 1.51 | Rs. 1.86 | Rs. 4.64 | + 149.46 % | + 207.28 % |
Today, we’re looking at Bikaji Foods International Limited’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 32.92 %. However, it did see a marginal slip of -1.55 % from the previous quarter. Expenses decreased slightly by -17.47 % quarter-on-quarter, aligning with the annual rise of 13.19 %. Operating profit, while up 160.75 % compared to last year, faced a quarter-on-quarter increase of 115.07 %, 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 12.86 %, but an expansion of 14.23 % sequentially. Other income rose by 97.59 % compared to the last quarter, despite an annual growth of 151.09 %. Interest expenses dropped significantly by -8.36 % from the previous quarter, yet the year-over-year decrease remains at a moderate -78.72 %. Depreciation costs fell by -2.42 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 479.25 %. Profit before tax grew annually by 201.05 % but saw an increase from the preceding quarter by 148.86 %.
Tax expenses as a percentage of profits decreased slightly by -0.66 % compared to last year, with a more notable quarter-on-quarter decrease of -1.18 %. Net profit rose by 203.68 % year-on-year but experienced a 152.84 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 207.28 % but a quarterly rise of 149.46 %. In summary, Bikaji Foods International 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. 462.264 Cr | Rs. 624.147 Cr | Rs. 614.448 Cr | -1.55 % | + 32.92 % |
| Expenses | Rs. 400.43 Cr | Rs. 549.19 Cr | Rs. 453.23 Cr | -17.47 % | + 13.19 % |
| Operating Profit | Rs. 61.83 Cr | Rs. 74.96 Cr | Rs. 161.22 Cr | + 115.07 % | + 160.75 % |
| Net Profit | Rs. 38.29 Cr | Rs. 45.99 Cr | Rs. 116.28 Cr | + 152.84 % | + 203.68 % |
| EPS in Rs | Rs. 1.51 | Rs. 1.86 | Rs. 4.64 | + 149.46 % | + 207.28 % |
In reviewing Bikaji Foods International Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 32.92 % year-on-year growth, although there was a slight dip of -1.55 % from the previous quarter. Expenses rose by 13.19 % compared to the previous year, with a decrease of -17.47 % quarter-on-quarter. Operating Profit surged by 160.75 % annually, and saw a 115.07 % increase from the last quarter.
Net Profit showed yearly increase of 203.68 %, and experienced a 152.84 % increase from the previous quarter. Earnings Per Share (EPS) rose by 207.28 % annually, however rose by 149.46 % compared to the last quarter. In essence, while Bikaji Foods International Limited 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.
