Share the post "Bombay Cycle & Motor Agency : Q4 2024 Financial Quarterly Report : YoY Sales Up 9.97 %, QoQ Down 7.46 %"
Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 9.97 % in the past year, decrease in net sales/revenue by -7.46 %.
- 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 165 %. Marginal decrease of -8.62% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Bombay Cycle & Motor Agency Ltd.,. Notable increase of 29.03 % in net profit Year to Year, Bombay Cycle & Motor Agency Ltd.,’s profitability dropped by -20.65 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 29.06 % Year to Year. EPS decreased by -20.63 % 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. 2.246 Cr | Rs. 2.669 Cr | Rs. 2.47 Cr | -7.46 % | + 9.97 % |
Expenses | Rs. 1.7 Cr | Rs. 2.08 Cr | Rs. 2.06 Cr | -0.96 % | + 21.18 % |
Operating Profit | Rs. 0.55 Cr | Rs. 0.59 Cr | Rs. 0.41 Cr | -30.51 % | -25.45 % |
OPM % | 24.49 % | 22.11 % | 16.6 % | -5.51 % | -7.89 % |
Other Income | Rs. 0.2 Cr | Rs. 0.58 Cr | Rs. 0.53 Cr | -8.62 % | + 165 % |
Interest | Rs. 0.02 Cr | Rs. 0.02 Cr | Rs. 0.02 Cr | + 0 % | + 0 % |
Depreciation | Rs. 0.05 Cr | Rs. 0.04 Cr | Rs. 0.03 Cr | -25 % | -40 % |
Profit before tax | Rs. 0.68 Cr | Rs. 1.11 Cr | Rs. 0.89 Cr | -19.82 % | + 30.88 % |
Tax % | 24.75 % | 23.12 % | 24.52 % | + 1.4 % | -0.23 % |
Net Profit | Rs. 0.53 Cr | Rs. 0.86 Cr | Rs. 0.68 Cr | -20.93 % | + 28.3 % |
EPS in Rs | Rs. 13.18 | Rs. 21.43 | Rs. 17.01 | -20.63 % | + 29.06 % |
Today, we’re looking at Bombay Cycle & Motor Agency 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 9.97 %. However, it did see a marginal slip of -7.46 % from the previous quarter. Expenses decreased slightly by -0.96 % quarter-on-quarter, aligning with the annual rise of 21.18 %. Operating profit, while down -25.45 % compared to last year, faced a quarter-on-quarter dip of -30.51 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -7.89 %, but a shrinkage of -5.51 % sequentially. Other income fell by -8.62 % compared to the last quarter, despite an annual growth of 165 %. Interest expenses surged remarkably by 0 % from the previous quarter, yet the year-over-year increase remains at a moderate 0 %. Depreciation costs fell by -25 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -40 %. Profit before tax grew annually by 30.88 % but saw a reduction from the preceding quarter by -19.82 %.
Tax expenses as a percentage of profits decreased slightly by -0.23 % compared to last year, with a more notable quarter-on-quarter increase of 1.4 %. Net profit rose by 28.3 % year-on-year but witnessed a -20.93 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 29.06 % but a quarterly fall of -20.63 %. In summary, Bombay Cycle & Motor Agency 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. 2.246 Cr | Rs. 2.669 Cr | Rs. 2.47 Cr | -7.46 % | + 9.97 % |
Expenses | Rs. 1.7 Cr | Rs. 2.08 Cr | Rs. 2.06 Cr | -0.96 % | + 21.18 % |
Operating Profit | Rs. 0.55 Cr | Rs. 0.59 Cr | Rs. 0.41 Cr | -30.51 % | -25.45 % |
Net Profit | Rs. 0.53 Cr | Rs. 0.86 Cr | Rs. 0.68 Cr | -20.93 % | + 28.3 % |
EPS in Rs | Rs. 13.18 | Rs. 21.43 | Rs. 17.01 | -20.63 % | + 29.06 % |
In reviewing Bombay Cycle & Motor Agency Ltd.,’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 9.97 % year-on-year growth, although there was a slight dip of -7.46 % from the previous quarter. Expenses rose by 21.18 % compared to the previous year, with a decrease of -0.96 % quarter-on-quarter. Operating Profit dropped by -25.45 % annually, and saw a -30.51 % decrease from the last quarter.
Net Profit showed yearly increase of 28.3 %, and experienced a -20.93 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 29.06 % annually, however dipped by -20.63 % compared to the last quarter. In essence, while Bombay Cycle & Motor Agency 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.