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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 experienced a substantial growth of 12.15 % in the past year, decrease in net sales/revenue by -14.81 %.
- 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 39.52 %. Marginal decrease of -37.77% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Black Rose Industries Ltd. Notable increase of 16.46 % in net profit Year to Year, Black Rose Industries Ltd’s profitability dropped by -17.13 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 17.72 % Year to Year. EPS decreased by -16.96 % 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. 87.619 Cr | Rs. 115.356 Cr | Rs. 98.269 Cr | -14.81 % | + 12.15 % |
Expenses | Rs. 81.99 Cr | Rs. 108.19 Cr | Rs. 92.08 Cr | -14.89 % | + 12.31 % |
Operating Profit | Rs. 5.63 Cr | Rs. 7.17 Cr | Rs. 6.19 Cr | -13.67 % | + 9.95 % |
OPM % | 6.43 % | 6.22 % | 6.3 % | + 0.08 % | -0.13 % |
Other Income | Rs. 0.744 Cr | Rs. 1.668 Cr | Rs. 1.038 Cr | -37.77 % | + 39.52 % |
Interest | Rs. 0.19 Cr | Rs. 0.44 Cr | Rs. 0.07 Cr | -84.09 % | -63.16 % |
Depreciation | Rs. 0.76 Cr | Rs. 0.75 Cr | Rs. 0.78 Cr | + 4 % | + 2.63 % |
Profit before tax | Rs. 5.42 Cr | Rs. 7.65 Cr | Rs. 6.38 Cr | -16.6 % | + 17.71 % |
Tax % | 25.29 % | 25.49 % | 25.96 % | + 0.47 % | + 0.67 % |
Net Profit | Rs. 4.05 Cr | Rs. 5.7 Cr | Rs. 4.72 Cr | -17.19 % | + 16.54 % |
EPS in Rs | Rs. 0.79 | Rs. 1.12 | Rs. 0.93 | -16.96 % | + 17.72 % |
Today, we’re looking at Black Rose Industries Ltd’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 12.15 %. However, it did see a marginal slip of -14.81 % from the previous quarter. Expenses decreased slightly by -14.89 % quarter-on-quarter, aligning with the annual rise of 12.31 %. Operating profit, while up 9.95 % compared to last year, faced a quarter-on-quarter dip of -13.67 %, 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 -0.13 %, but an expansion of 0.08 % sequentially. Other income fell by -37.77 % compared to the last quarter, despite an annual growth of 39.52 %. Interest expenses dropped significantly by -84.09 % from the previous quarter, yet the year-over-year decrease remains at a moderate -63.16 %. Depreciation costs climbed by 4 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 2.63 %. Profit before tax grew annually by 17.71 % but saw a reduction from the preceding quarter by -16.6 %.
Tax expenses as a percentage of profits increased slightly by 0.67 % compared to last year, with a more notable quarter-on-quarter increase of 0.47 %. Net profit rose by 16.54 % year-on-year but witnessed a -17.19 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 17.72 % but a quarterly fall of -16.96 %. In summary, Black Rose Industries 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. 87.619 Cr | Rs. 115.356 Cr | Rs. 98.269 Cr | -14.81 % | + 12.15 % |
Expenses | Rs. 81.99 Cr | Rs. 108.19 Cr | Rs. 92.08 Cr | -14.89 % | + 12.31 % |
Operating Profit | Rs. 5.63 Cr | Rs. 7.17 Cr | Rs. 6.19 Cr | -13.67 % | + 9.95 % |
Net Profit | Rs. 4.05 Cr | Rs. 5.7 Cr | Rs. 4.72 Cr | -17.19 % | + 16.54 % |
EPS in Rs | Rs. 0.79 | Rs. 1.12 | Rs. 0.93 | -16.96 % | + 17.72 % |
In reviewing Black Rose Industries Ltd’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 12.15 % year-on-year growth, although there was a slight dip of -14.81 % from the previous quarter. Expenses rose by 12.31 % compared to the previous year, with a decrease of -14.89 % quarter-on-quarter. Operating Profit surged by 9.95 % annually, and saw a -13.67 % decrease from the last quarter.
Net Profit showed yearly increase of 16.54 %, and experienced a -17.19 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 17.72 % annually, however dipped by -16.96 % compared to the last quarter. In essence, while Black Rose Industries 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.