Highlights
- Sales over the Year and quarter: The company’s sales declined by -0.2 % over the year, substantial increase in net sales/revenue by 2.24 %.
- 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 115.14 %. Marginal increase in other income during this quarter, up by 64.41%.
- Profit over the Year and quarter: Significant improvement in profitability for BLS International Services Ltd. Notable increase of 11.37 % in net profit Year to Year, BLS International Services Ltd’s profitability dropped by -1.98 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 16.67 % Year to Year. EPS decreased by -4.39 % 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. 448.626 Cr | Rs. 437.883 Cr | Rs. 447.707 Cr | + 2.24 % | -0.2 % |
| Expenses | Rs. 382.09 Cr | Rs. 349.3 Cr | Rs. 357.42 Cr | + 2.32 % | -6.46 % |
| Operating Profit | Rs. 66.54 Cr | Rs. 88.58 Cr | Rs. 90.29 Cr | + 1.93 % | + 35.69 % |
| OPM % | 14.83 % | 20.23 % | 20.17 % | -0.06 % | + 5.34 % |
| Other Income | Rs. 7 Cr | Rs. 9.16 Cr | Rs. 15.06 Cr | + 64.41 % | + 115.14 % |
| Interest | Rs. 0.38 Cr | Rs. 0.5 Cr | Rs. 0.82 Cr | + 64 % | + 115.79 % |
| Depreciation | Rs. 7.99 Cr | Rs. 6.25 Cr | Rs. 11.06 Cr | + 76.96 % | + 38.42 % |
| Profit before tax | Rs. 65.17 Cr | Rs. 90.99 Cr | Rs. 93.47 Cr | + 2.73 % | + 43.42 % |
| Tax % | 11.97 % | 4.19 % | 8.57 % | + 4.38 % | -3.4 % |
| Net Profit | Rs. 76.73 Cr | Rs. 87.18 Cr | Rs. 85.45 Cr | -1.98 % | + 11.36 % |
| EPS in Rs | Rs. 1.68 | Rs. 2.05 | Rs. 1.96 | -4.39 % | + 16.67 % |
Today, we’re looking at BLS International Services 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 -0.2 %. However, it did see a marginal increase of 2.24 % from the previous quarter. Expenses ticked up slightly by 2.32 % quarter-on-quarter, aligning with the annual decline of -6.46 %. Operating profit, while up 35.69 % compared to last year, faced a quarter-on-quarter increase of 1.93 %, 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 5.34 %, but a shrinkage of -0.06 % sequentially. Other income rose by 64.41 % compared to the last quarter, despite an annual growth of 115.14 %. Interest expenses surged remarkably by 64 % from the previous quarter, yet the year-over-year increase remains at a moderate 115.79 %. Depreciation costs climbed by 76.96 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 38.42 %. Profit before tax grew annually by 43.42 % but saw an increase from the preceding quarter by 2.73 %.
Tax expenses as a percentage of profits decreased slightly by -3.4 % compared to last year, with a more notable quarter-on-quarter increase of 4.38 %. Net profit rose by 11.36 % year-on-year but witnessed a -1.98 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 16.67 % but a quarterly fall of -4.39 %. In summary, BLS International Services 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. 448.626 Cr | Rs. 437.883 Cr | Rs. 447.707 Cr | + 2.24 % | -0.2 % |
| Expenses | Rs. 382.09 Cr | Rs. 349.3 Cr | Rs. 357.42 Cr | + 2.32 % | -6.46 % |
| Operating Profit | Rs. 66.54 Cr | Rs. 88.58 Cr | Rs. 90.29 Cr | + 1.93 % | + 35.69 % |
| Net Profit | Rs. 76.73 Cr | Rs. 87.18 Cr | Rs. 85.45 Cr | -1.98 % | + 11.36 % |
| EPS in Rs | Rs. 1.68 | Rs. 2.05 | Rs. 1.96 | -4.39 % | + 16.67 % |
In reviewing BLS International Services Ltd’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -0.2 % year-on-year, however, there was a minor increase of 2.24 % from the previous quarter. Expenses decreased by -6.46 % compared to the previous year, with a 2.32 % increase quarter-on-quarter. Operating Profit surged by 35.69 % annually, and saw a 1.93 % increase from the last quarter.
Net Profit showed yearly increase of 11.36 %, and experienced a -1.98 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 16.67 % annually, however dipped by -4.39 % compared to the last quarter. In essence, while BLS International Services 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.
