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Blue Chip Tex Industries announced Financial Results Q1 2024-25

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Highlights

  • The presented financial data is Standalone to provide a comprehensive overview of the company performance.
  • Sales over the Year and quarter: The company experienced a substantial growth of 11.26 % in the past year, substantial increase in net sales/revenue by 14.17 %.
  • Income over the Year and quarter: There has been decline in other income over the past year which is -29.41 %, Marginal decrease of -53.85% in other income during this quarter.
  • Profit over the Year and quarter: Challenges in sustaining profitability for Blue Chip Tex Industries Ltd.,. Profit dropped by -202.49 % Year to Year, Blue Chip Tex Industries Ltd.,’s profitability dropped by -62.94 % Quarter to Quarter.
  • EPS over the Year and quarter: EPS declined by -202.17 % Year to Year. EPS decreased by -62.99 % in previous quarter. Analysis needed for shareholder value.

The comprehensive analytics outlining the performance and outlook of Blue Chip Tex Industries Ltd.,‘s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 61.23 Cr Rs. 59.666 Cr Rs. 68.123 Cr + 14.17 % + 11.26 %
Expenses Rs. 59.94 Cr Rs. 60.33 Cr Rs. 67.81 Cr + 12.4 % + 13.13 %
Operating Profit Rs. 1.29 Cr Rs. -0.66 Cr Rs. 0.31 Cr + 146.97 % -75.97 %
OPM % 2.11 % -1.11 % 0.46 % + 1.57 % -1.65 %
Other Income Rs. 0.017 Cr Rs. 0.026 Cr Rs. 0.012 Cr -53.85 % -29.41 %
Interest Rs. 0.13 Cr Rs. 0.1 Cr Rs. 0.05 Cr -50 % -61.54 %
Depreciation Rs. 0.64 Cr Rs. 0.65 Cr Rs. 0.64 Cr -1.54 % + 0 %
Profit before tax Rs. 0.54 Cr Rs. -1.38 Cr Rs. -0.37 Cr + 73.19 % -168.52 %
Tax % 33.46 % -27.78 % -1.92 % + 25.86 % -35.38 %
Net Profit Rs. 0.36 Cr Rs. -1 Cr Rs. -0.37 Cr + 63 % -202.78 %
EPS in Rs Rs. 1.84 Rs. -5.08 Rs. -1.88 + 62.99 % -202.17 %


Today, we’re looking at Blue Chip Tex 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 11.26 %. However, it did see a marginal increase of 14.17 % from the previous quarter. Expenses ticked up slightly by 12.4 % quarter-on-quarter, aligning with the annual rise of 13.13 %. Operating profit, while down -75.97 % compared to last year, faced a quarter-on-quarter increase of 146.97 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -1.65 %, but an expansion of 1.57 % sequentially. Other income fell by -53.85 % compared to the last quarter, despite an annual decline of -29.41 %. Interest expenses dropped significantly by -50 % from the previous quarter, yet the year-over-year decrease remains at a moderate -61.54 %. Depreciation costs fell by -1.54 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0 %. Profit before tax declined annually by -168.52 % but saw an increase from the preceding quarter by 73.19 %.
Tax expenses as a percentage of profits decreased slightly by -35.38 % compared to last year, with a more notable quarter-on-quarter increase of 25.86 %. Net profit fell by -202.78 % year-on-year but experienced a 63 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -202.17 % but a quarterly rise of 62.99 %. In summary, Blue Chip Tex 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. 61.23 Cr Rs. 59.666 Cr Rs. 68.123 Cr + 14.17 % + 11.26 %
Expenses Rs. 59.94 Cr Rs. 60.33 Cr Rs. 67.81 Cr + 12.4 % + 13.13 %
Operating Profit Rs. 1.29 Cr Rs. -0.66 Cr Rs. 0.31 Cr + 146.97 % -75.97 %
Net Profit Rs. 0.36 Cr Rs. -1 Cr Rs. -0.37 Cr + 63 % -202.78 %
EPS in Rs Rs. 1.84 Rs. -5.08 Rs. -1.88 + 62.99 % -202.17 %


In reviewing Blue Chip Tex Industries Ltd.,’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 11.26 % year-on-year growth, however, there was a minor increase of 14.17 % from the previous quarter. Expenses rose by 13.13 % compared to the previous year, with a 12.4 % increase quarter-on-quarter. Operating Profit dropped by -75.97 % annually, and saw a 146.97 % increase from the last quarter.
Net Profit showed yearly decrease of -202.78 %, and experienced a 63 % increase from the previous quarter. Earnings Per Share (EPS) fell by -202.17 % annually, however rose by 62.99 % compared to the last quarter. In essence, while Blue Chip Tex Industries Ltd., faces strong annual decline 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.

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