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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 10.24 % in the past year, substantial increase in net sales/revenue by 26.46 %.
- 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 73.62 %. Marginal increase in other income during this quarter, up by 699.56%.
- Profit over the Year and quarter: Significant improvement in profitability for BMW INDUSTRIES LIMITED. Notable increase of 42.34 % in net profit Year to Year, BMW INDUSTRIES LIMITED’s profitability increased by 16.64 % in this quarter.
- EPS over the Year and quarter: EPS increased by 42.03 % Year to Year. EPS increased by 16.67 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 157.524 Cr | Rs. 137.312 Cr | Rs. 173.648 Cr | + 26.46 % | + 10.24 % |
Expenses | Rs. 120.84 Cr | Rs. 98.31 Cr | Rs. 131.26 Cr | + 33.52 % | + 8.62 % |
Operating Profit | Rs. 36.68 Cr | Rs. 39 Cr | Rs. 42.39 Cr | + 8.69 % | + 15.57 % |
OPM % | 23.29 % | 28.4 % | 24.41 % | -3.99 % | + 1.12 % |
Other Income | Rs. 1.05 Cr | Rs. 0.228 Cr | Rs. 1.823 Cr | + 699.56 % | + 73.62 % |
Interest | Rs. 5.81 Cr | Rs. 4.12 Cr | Rs. 3.88 Cr | -5.83 % | -33.22 % |
Depreciation | Rs. 10.59 Cr | Rs. 10.27 Cr | Rs. 10.93 Cr | + 6.43 % | + 3.21 % |
Profit before tax | Rs. 21.33 Cr | Rs. 24.84 Cr | Rs. 29.4 Cr | + 18.36 % | + 37.83 % |
Tax % | 27.04 % | 23.5 % | 24.62 % | + 1.12 % | -2.42 % |
Net Profit | Rs. 15.57 Cr | Rs. 19 Cr | Rs. 22.16 Cr | + 16.63 % | + 42.32 % |
EPS in Rs | Rs. 0.69 | Rs. 0.84 | Rs. 0.98 | + 16.67 % | + 42.03 % |
Today, we’re looking at BMW INDUSTRIES LIMITED’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 10.24 %. However, it did see a marginal increase of 26.46 % from the previous quarter. Expenses ticked up slightly by 33.52 % quarter-on-quarter, aligning with the annual rise of 8.62 %. Operating profit, while up 15.57 % compared to last year, faced a quarter-on-quarter increase of 8.69 %, 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 1.12 %, but a shrinkage of -3.99 % sequentially. Other income rose by 699.56 % compared to the last quarter, despite an annual growth of 73.62 %. Interest expenses dropped significantly by -5.83 % from the previous quarter, yet the year-over-year decrease remains at a moderate -33.22 %. Depreciation costs climbed by 6.43 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 3.21 %. Profit before tax grew annually by 37.83 % but saw an increase from the preceding quarter by 18.36 %.
Tax expenses as a percentage of profits decreased slightly by -2.42 % compared to last year, with a more notable quarter-on-quarter increase of 1.12 %. Net profit rose by 42.32 % year-on-year but experienced a 16.63 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 42.03 % but a quarterly rise of 16.67 %. In summary, BMW INDUSTRIES 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. 157.524 Cr | Rs. 137.312 Cr | Rs. 173.648 Cr | + 26.46 % | + 10.24 % |
Expenses | Rs. 120.84 Cr | Rs. 98.31 Cr | Rs. 131.26 Cr | + 33.52 % | + 8.62 % |
Operating Profit | Rs. 36.68 Cr | Rs. 39 Cr | Rs. 42.39 Cr | + 8.69 % | + 15.57 % |
Net Profit | Rs. 15.57 Cr | Rs. 19 Cr | Rs. 22.16 Cr | + 16.63 % | + 42.32 % |
EPS in Rs | Rs. 0.69 | Rs. 0.84 | Rs. 0.98 | + 16.67 % | + 42.03 % |
In reviewing BMW INDUSTRIES LIMITED’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 10.24 % year-on-year growth, however, there was a minor increase of 26.46 % from the previous quarter. Expenses rose by 8.62 % compared to the previous year, with a 33.52 % increase quarter-on-quarter. Operating Profit surged by 15.57 % annually, and saw a 8.69 % increase from the last quarter.
Net Profit showed yearly increase of 42.32 %, and experienced a 16.63 % increase from the previous quarter. Earnings Per Share (EPS) rose by 42.03 % annually, however rose by 16.67 % compared to the last quarter. In essence, while BMW INDUSTRIES 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.
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