Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 8.74 % in the past year, decrease in net sales/revenue by -4.34 %.
- 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 27.57 %. Marginal decrease of -54.58% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Blue Dart Express Ltd.. Notable increase of 12.01 % in net profit Year to Year, Blue Dart Express Ltd.’s profitability dropped by -12.5 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 11.99 % Year to Year. EPS decreased by -12.49 % 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. 1216.55 Cr | Rs. 1382.93 Cr | Rs. 1322.87 Cr | -4.34 % | + 8.74 % |
| Expenses | Rs. 1017.32 Cr | Rs. 1169.5 Cr | Rs. 1096.92 Cr | -6.21 % | + 7.82 % |
| Operating Profit | Rs. 199.23 Cr | Rs. 213.43 Cr | Rs. 225.95 Cr | + 5.87 % | + 13.41 % |
| OPM % | 16.38 % | 15.43 % | 17.08 % | + 1.65 % | + 0.7 % |
| Other Income | Rs. 8.67 Cr | Rs. 24.35 Cr | Rs. 11.06 Cr | -54.58 % | + 27.57 % |
| Interest | Rs. 14.92 Cr | Rs. 19.67 Cr | Rs. 19.36 Cr | -1.58 % | + 29.76 % |
| Depreciation | Rs. 96.35 Cr | Rs. 110.59 Cr | Rs. 112.71 Cr | + 1.92 % | + 16.98 % |
| Profit before tax | Rs. 96.63 Cr | Rs. 107.52 Cr | Rs. 104.94 Cr | -2.4 % | + 8.6 % |
| Tax % | 28.14 % | 17.33 % | 25.88 % | + 8.55 % | -2.26 % |
| Net Profit | Rs. 69.44 Cr | Rs. 88.89 Cr | Rs. 77.78 Cr | -12.5 % | + 12.01 % |
| EPS in Rs | Rs. 29.27 | Rs. 37.46 | Rs. 32.78 | -12.49 % | + 11.99 % |
Today, we’re looking at Blue Dart Express Ltd.’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 8.74 %. However, it did see a marginal slip of -4.34 % from the previous quarter. Expenses decreased slightly by -6.21 % quarter-on-quarter, aligning with the annual rise of 7.82 %. Operating profit, while up 13.41 % compared to last year, faced a quarter-on-quarter increase of 5.87 %, 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 0.7 %, but an expansion of 1.65 % sequentially. Other income fell by -54.58 % compared to the last quarter, despite an annual growth of 27.57 %. Interest expenses dropped significantly by -1.58 % from the previous quarter, yet the year-over-year increase remains at a moderate 29.76 %. Depreciation costs climbed by 1.92 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 16.98 %. Profit before tax grew annually by 8.6 % but saw a reduction from the preceding quarter by -2.4 %.
Tax expenses as a percentage of profits decreased slightly by -2.26 % compared to last year, with a more notable quarter-on-quarter increase of 8.55 %. Net profit rose by 12.01 % year-on-year but witnessed a -12.5 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 11.99 % but a quarterly fall of -12.49 %. In summary, Blue Dart Express 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. 1216.55 Cr | Rs. 1382.93 Cr | Rs. 1322.87 Cr | -4.34 % | + 8.74 % |
| Expenses | Rs. 1017.32 Cr | Rs. 1169.5 Cr | Rs. 1096.92 Cr | -6.21 % | + 7.82 % |
| Operating Profit | Rs. 199.23 Cr | Rs. 213.43 Cr | Rs. 225.95 Cr | + 5.87 % | + 13.41 % |
| Net Profit | Rs. 69.44 Cr | Rs. 88.89 Cr | Rs. 77.78 Cr | -12.5 % | + 12.01 % |
| EPS in Rs | Rs. 29.27 | Rs. 37.46 | Rs. 32.78 | -12.49 % | + 11.99 % |
In reviewing Blue Dart Express Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 8.74 % year-on-year growth, although there was a slight dip of -4.34 % from the previous quarter. Expenses rose by 7.82 % compared to the previous year, with a decrease of -6.21 % quarter-on-quarter. Operating Profit surged by 13.41 % annually, and saw a 5.87 % increase from the last quarter.
Net Profit showed yearly increase of 12.01 %, and experienced a -12.5 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 11.99 % annually, however dipped by -12.49 % compared to the last quarter. In essence, while Blue Dart Express 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.
