Highlights
- Sales over the Year and quarter:
- 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 200 %. Marginal increase in other income during this quarter, up by 50%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Bombay Wire Ropes Ltd.,. Profit dropped by -126.17 % Year to Year, Bombay Wire Ropes Ltd.,’s profitability dropped by -120.74 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -125.00 % Year to Year. EPS decreased by -120 % 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. Cr | Rs. Cr | Rs. Cr | 0 % | % |
| Expenses | Rs. 0.12 Cr | Rs. 0.16 Cr | Rs. 0.15 Cr | -6.25 % | + 25 % |
| Operating Profit | Rs. -0.12 Cr | Rs. -0.16 Cr | Rs. -0.15 Cr | + 6.25 % | -25 % |
| OPM % | % | % | % | 0 % | 0 % |
| Other Income | Rs. 0.01 Cr | Rs. 0.02 Cr | Rs. 0.03 Cr | + 50 % | + 200 % |
| Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
| Depreciation | Rs. 0.01 Cr | Rs. 0 Cr | Rs. 0.01 Cr | 0 % | + 0 % |
| Profit before tax | Rs. -0.12 Cr | Rs. -0.14 Cr | Rs. -0.13 Cr | + 7.14 % | -8.33 % |
| Tax % | -0 % | -0 % | -122.22 % | -122.22 % | -122.22 % |
| Net Profit | Rs. -0.11 Cr | Rs. -0.14 Cr | Rs. 0.03 Cr | + 121.43 % | + 127.27 % |
| EPS in Rs | Rs. -0.2 | Rs. -0.25 | Rs. 0.05 | + 120 % | + 125 % |
Today, we’re looking at Bombay Wire Ropes Ltd.,’s financial performance for the Q4(Mar 2024).Expenses decreased slightly by -6.25 % quarter-on-quarter, aligning with the annual rise of 25 %. Operating profit, while down -25 % compared to last year, faced a quarter-on-quarter increase of 6.25 %, signaling a short-term expansion in margins.
Other income rose by 50 % compared to the last quarter, despite an annual growth of 200 %. whereas on an annual scale, they saw an increase of 0 %. Profit before tax declined annually by -8.33 % but saw an increase from the preceding quarter by 7.14 %.
Tax expenses as a percentage of profits decreased slightly by -122.22 % compared to last year, with a more notable quarter-on-quarter decrease of -122.22 %. Net profit rose by 127.27 % year-on-year but experienced a 121.43 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 125 % but a quarterly rise of 120 %. In summary, Bombay Wire Ropes 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. Cr | Rs. Cr | Rs. Cr | 0 % | % |
| Expenses | Rs. 0.12 Cr | Rs. 0.16 Cr | Rs. 0.15 Cr | -6.25 % | + 25 % |
| Operating Profit | Rs. -0.12 Cr | Rs. -0.16 Cr | Rs. -0.15 Cr | + 6.25 % | -25 % |
| Net Profit | Rs. -0.11 Cr | Rs. -0.14 Cr | Rs. 0.03 Cr | + 121.43 % | + 127.27 % |
| EPS in Rs | Rs. -0.2 | Rs. -0.25 | Rs. 0.05 | + 120 % | + 125 % |
In reviewing Bombay Wire Ropes Ltd.,’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Expenses rose by 25 % compared to the previous year, with a decrease of -6.25 % quarter-on-quarter. Operating Profit dropped by -25 % annually, and saw a 6.25 % increase from the last quarter.
Net Profit showed yearly increase of 127.27 %, and experienced a 121.43 % increase from the previous quarter. Earnings Per Share (EPS) rose by 125 % annually, however rose by 120 % compared to the last quarter. In essence, while Bombay Wire Ropes 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.
