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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 1.03 % in the past year, substantial increase in net sales/revenue by 16.26 %.
- 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 40.1 %. Marginal increase in other income during this quarter, up by 17.2%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Bodal Chemicals Ltd. Profit dropped by -27.39 % Year to Year, Bodal Chemicals Ltd’s profitability increased by 109.33 % in this quarter.
- EPS over the Year and quarter: EPS declined by -27.27 % Year to Year. EPS increased by 100 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 389.578 Cr | Rs. 338.55 Cr | Rs. 393.587 Cr | + 16.26 % | + 1.03 % |
Expenses | Rs. 362.66 Cr | Rs. 314.68 Cr | Rs. 368.48 Cr | + 17.1 % | + 1.6 % |
Operating Profit | Rs. 26.92 Cr | Rs. 23.87 Cr | Rs. 25.11 Cr | + 5.19 % | -6.72 % |
OPM % | 6.91 % | 7.05 % | 6.38 % | -0.67 % | -0.53 % |
Other Income | Rs. 3.89 Cr | Rs. 4.65 Cr | Rs. 5.45 Cr | + 17.2 % | + 40.1 % |
Interest | Rs. 11.58 Cr | Rs. 12.09 Cr | Rs. 15.6 Cr | + 29.03 % | + 34.72 % |
Depreciation | Rs. 14.65 Cr | Rs. 14.52 Cr | Rs. 17.01 Cr | + 17.15 % | + 16.11 % |
Profit before tax | Rs. 4.58 Cr | Rs. 1.91 Cr | Rs. -2.05 Cr | -207.33 % | -144.76 % |
Tax % | 38.53 % | 49.09 % | -199.22 % | -248.31 % | -237.75 % |
Net Profit | Rs. 2.81 Cr | Rs. 0.98 Cr | Rs. 2.04 Cr | + 108.16 % | -27.4 % |
EPS in Rs | Rs. 0.22 | Rs. 0.08 | Rs. 0.16 | + 100 % | -27.27 % |
Today, we’re looking at Bodal Chemicals 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 1.03 %. However, it did see a marginal increase of 16.26 % from the previous quarter. Expenses ticked up slightly by 17.1 % quarter-on-quarter, aligning with the annual rise of 1.6 %. Operating profit, while down -6.72 % compared to last year, faced a quarter-on-quarter increase of 5.19 %, 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 -0.53 %, but a shrinkage of -0.67 % sequentially. Other income rose by 17.2 % compared to the last quarter, despite an annual growth of 40.1 %. Interest expenses surged remarkably by 29.03 % from the previous quarter, yet the year-over-year increase remains at a moderate 34.72 %. Depreciation costs climbed by 17.15 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 16.11 %. Profit before tax declined annually by -144.76 % but saw a reduction from the preceding quarter by -207.33 %.
Tax expenses as a percentage of profits decreased slightly by -237.75 % compared to last year, with a more notable quarter-on-quarter decrease of -248.31 %. Net profit fell by -27.4 % year-on-year but experienced a 108.16 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -27.27 % but a quarterly rise of 100 %. In summary, Bodal Chemicals 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. 389.578 Cr | Rs. 338.55 Cr | Rs. 393.587 Cr | + 16.26 % | + 1.03 % |
Expenses | Rs. 362.66 Cr | Rs. 314.68 Cr | Rs. 368.48 Cr | + 17.1 % | + 1.6 % |
Operating Profit | Rs. 26.92 Cr | Rs. 23.87 Cr | Rs. 25.11 Cr | + 5.19 % | -6.72 % |
Net Profit | Rs. 2.81 Cr | Rs. 0.98 Cr | Rs. 2.04 Cr | + 108.16 % | -27.4 % |
EPS in Rs | Rs. 0.22 | Rs. 0.08 | Rs. 0.16 | + 100 % | -27.27 % |
In reviewing Bodal Chemicals Ltd’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 1.03 % year-on-year growth, however, there was a minor increase of 16.26 % from the previous quarter. Expenses rose by 1.6 % compared to the previous year, with a 17.1 % increase quarter-on-quarter. Operating Profit dropped by -6.72 % annually, and saw a 5.19 % increase from the last quarter.
Net Profit showed yearly decrease of -27.4 %, and experienced a 108.16 % increase from the previous quarter. Earnings Per Share (EPS) fell by -27.27 % annually, however rose by 100 % compared to the last quarter. In essence, while Bodal Chemicals 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.