Highlights
- Sales over the Year and quarter: The company’s sales declined by -43.2 % over the year, substantial increase in net sales/revenue by 3.1 %.
- 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 131.46 %. Marginal increase in other income during this quarter, up by 311.25%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Bombay Dyeing & Mfg. Co. Ltd.,. Profit dropped by -127.01 % Year to Year, Bombay Dyeing & Mfg. Co. Ltd.,’s profitability dropped by -97.82 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -127.01 % Year to Year. EPS decreased by -97.82 % 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. 670.17 Cr | Rs. 369.22 Cr | Rs. 380.65 Cr | + 3.1 % | -43.2 % |
| Expenses | Rs. 765.5 Cr | Rs. 393.43 Cr | Rs. 424.51 Cr | + 7.9 % | -44.54 % |
| Operating Profit | Rs. -95.33 Cr | Rs. -24.21 Cr | Rs. -43.86 Cr | -81.16 % | + 53.99 % |
| OPM % | -14.22 % | -6.56 % | -11.52 % | -4.96 % | + 2.7 % |
| Other Income | Rs. -225.51 Cr | Rs. 17.25 Cr | Rs. 70.94 Cr | + 311.25 % | + 131.46 % |
| Interest | Rs. 134.92 Cr | Rs. 58.41 Cr | Rs. 5.19 Cr | -91.11 % | -96.15 % |
| Depreciation | Rs. 9.4 Cr | Rs. 7.79 Cr | Rs. 7.79 Cr | + 0 % | -17.13 % |
| Profit before tax | Rs. -465.16 Cr | Rs. -73.16 Cr | Rs. 14.1 Cr | + 119.27 % | + 103.03 % |
| Tax % | -12.35 % | 19.79 % | 369.61 % | + 349.82 % | + 381.96 % |
| Net Profit | Rs. -246.09 Cr | Rs. 3053.97 Cr | Rs. 66.46 Cr | -97.82 % | + 127.01 % |
| EPS in Rs | Rs. -11.92 | Rs. 147.87 | Rs. 3.22 | -97.82 % | + 127.01 % |
Today, we’re looking at Bombay Dyeing & Mfg. Co. Ltd.,’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -43.2 %. However, it did see a marginal increase of 3.1 % from the previous quarter. Expenses ticked up slightly by 7.9 % quarter-on-quarter, aligning with the annual decline of -44.54 %. Operating profit, while up 53.99 % compared to last year, faced a quarter-on-quarter dip of -81.16 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 2.7 %, but a shrinkage of -4.96 % sequentially. Other income rose by 311.25 % compared to the last quarter, despite an annual growth of 131.46 %. Interest expenses dropped significantly by -91.11 % from the previous quarter, yet the year-over-year decrease remains at a moderate -96.15 %. Depreciation costs climbed by 0 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -17.13 %. Profit before tax grew annually by 103.03 % but saw an increase from the preceding quarter by 119.27 %.
Tax expenses as a percentage of profits increased slightly by 381.96 % compared to last year, with a more notable quarter-on-quarter increase of 349.82 %. Net profit rose by 127.01 % year-on-year but witnessed a -97.82 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 127.01 % but a quarterly fall of -97.82 %. In summary, Bombay Dyeing & Mfg. Co. 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. 670.17 Cr | Rs. 369.22 Cr | Rs. 380.65 Cr | + 3.1 % | -43.2 % |
| Expenses | Rs. 765.5 Cr | Rs. 393.43 Cr | Rs. 424.51 Cr | + 7.9 % | -44.54 % |
| Operating Profit | Rs. -95.33 Cr | Rs. -24.21 Cr | Rs. -43.86 Cr | -81.16 % | + 53.99 % |
| Net Profit | Rs. -246.09 Cr | Rs. 3053.97 Cr | Rs. 66.46 Cr | -97.82 % | + 127.01 % |
| EPS in Rs | Rs. -11.92 | Rs. 147.87 | Rs. 3.22 | -97.82 % | + 127.01 % |
In reviewing Bombay Dyeing & Mfg. Co. Ltd.,’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -43.2 % year-on-year, however, there was a minor increase of 3.1 % from the previous quarter. Expenses decreased by -44.54 % compared to the previous year, with a 7.9 % increase quarter-on-quarter. Operating Profit surged by 53.99 % annually, and saw a -81.16 % decrease from the last quarter.
Net Profit showed yearly increase of 127.01 %, and experienced a -97.82 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 127.01 % annually, however dipped by -97.82 % compared to the last quarter. In essence, while Bombay Dyeing & Mfg. Co. 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.
