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Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 49.74 % in the past year, substantial increase in net sales/revenue by 12.93 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -96.55 %, Marginal decrease of -85% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for BONLON INDUSTRIES LIMITED. Notable increase of 39.31 % in net profit Year to Year, BONLON INDUSTRIES LIMITED’s profitability increased by 4.02 % in this quarter.
- EPS over the Year and quarter: EPS increased by 39.53 % Year to Year. EPS increased by 3.45 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 89.481 Cr | Rs. 118.642 Cr | Rs. 133.985 Cr | + 12.93 % | + 49.74 % |
| Expenses | Rs. 88.14 Cr | Rs. 116.82 Cr | Rs. 132.03 Cr | + 13.02 % | + 49.8 % |
| Operating Profit | Rs. 1.34 Cr | Rs. 1.82 Cr | Rs. 1.95 Cr | + 7.14 % | + 45.52 % |
| OPM % | 1.5 % | 1.53 % | 1.46 % | -0.07 % | -0.04 % |
| Other Income | Rs. 0.174 Cr | Rs. 0.04 Cr | Rs. 0.006 Cr | -85 % | -96.55 % |
| Interest | Rs. 0.33 Cr | Rs. 0.29 Cr | Rs. 0.44 Cr | + 51.72 % | + 33.33 % |
| Depreciation | Rs. 0.36 Cr | Rs. 0.48 Cr | Rs. 0.37 Cr | -22.92 % | + 2.78 % |
| Profit before tax | Rs. 0.82 Cr | Rs. 1.09 Cr | Rs. 1.15 Cr | + 5.5 % | + 40.24 % |
| Tax % | 25.37 % | 24.82 % | 25.28 % | + 0.46 % | -0.09 % |
| Net Profit | Rs. 0.61 Cr | Rs. 0.82 Cr | Rs. 0.85 Cr | + 3.66 % | + 39.34 % |
| EPS in Rs | Rs. 0.43 | Rs. 0.58 | Rs. 0.6 | + 3.45 % | + 39.53 % |
Today, we’re looking at BONLON 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 49.74 %. However, it did see a marginal increase of 12.93 % from the previous quarter. Expenses ticked up slightly by 13.02 % quarter-on-quarter, aligning with the annual rise of 49.8 %. Operating profit, while up 45.52 % compared to last year, faced a quarter-on-quarter increase of 7.14 %, 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 -0.04 %, but a shrinkage of -0.07 % sequentially. Other income fell by -85 % compared to the last quarter, despite an annual decline of -96.55 %. Interest expenses surged remarkably by 51.72 % from the previous quarter, yet the year-over-year increase remains at a moderate 33.33 %. Depreciation costs fell by -22.92 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 2.78 %. Profit before tax grew annually by 40.24 % but saw an increase from the preceding quarter by 5.5 %.
Tax expenses as a percentage of profits decreased slightly by -0.09 % compared to last year, with a more notable quarter-on-quarter increase of 0.46 %. Net profit rose by 39.34 % year-on-year but experienced a 3.66 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 39.53 % but a quarterly rise of 3.45 %. In summary, BONLON 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. 89.481 Cr | Rs. 118.642 Cr | Rs. 133.985 Cr | + 12.93 % | + 49.74 % |
| Expenses | Rs. 88.14 Cr | Rs. 116.82 Cr | Rs. 132.03 Cr | + 13.02 % | + 49.8 % |
| Operating Profit | Rs. 1.34 Cr | Rs. 1.82 Cr | Rs. 1.95 Cr | + 7.14 % | + 45.52 % |
| Net Profit | Rs. 0.61 Cr | Rs. 0.82 Cr | Rs. 0.85 Cr | + 3.66 % | + 39.34 % |
| EPS in Rs | Rs. 0.43 | Rs. 0.58 | Rs. 0.6 | + 3.45 % | + 39.53 % |
In reviewing BONLON INDUSTRIES LIMITED’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 49.74 % year-on-year growth, however, there was a minor increase of 12.93 % from the previous quarter. Expenses rose by 49.8 % compared to the previous year, with a 13.02 % increase quarter-on-quarter. Operating Profit surged by 45.52 % annually, and saw a 7.14 % increase from the last quarter.
Net Profit showed yearly increase of 39.34 %, and experienced a 3.66 % increase from the previous quarter. Earnings Per Share (EPS) rose by 39.53 % annually, however rose by 3.45 % compared to the last quarter. In essence, while BONLON 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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