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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.
6
3-Year Profit
-3
5-Year Profit
31
10-Year Profit
36.0
Current Price
51.1
Market Cap
In analyzing the financial results for the company marked by BSE code 543211, a clear trend emerges. Over a five-year span, the company reported a profit of -3 percents, which increased to 6 percents in the most recent three-year period, suggesting a strong performance in the early stages of this timeframe. However, this success has been overshadowed by a trailing twelve-month (TTM) loss of 424 percents, signaling significant recent challenges. Compounding this issue is the fact that the company has not reported any sales during any of the timeframes analyzed, raising important questions about its operational model and the sustainability of its current strategies. Investors have been equally wary, as reflected in the stock price performance. The company’s stock traded at 0 percents over the past five years but has recently decreased to 8 percents, indicating a loss of market confidence. Over the last decade, the stock price was at 0 percents, pointing to longer-term concerns that could affect the company's future prospects.
The company has a market capitalization of ₹51.1 crore and is currently trading at ₹36.0 per share. Historically, the stock has fluctuated within a range of ₹56.0 / 29.5, reflecting both the opportunities and risks that investors perceive in the company. The P/E ratio, at , is relatively high, suggesting that the market has priced in substantial future growth or is willing to pay a premium for the company’s current earnings. The book value per share stands at ₹50.9, which reflects the net asset value of the company divided by the number of outstanding shares. The dividend yield is 0.00%, providing shareholders with a consistent return on their investment. ROCE is 4.16%, indicating how well the company is using its capital to generate profits, while ROE at 2.96% highlights the returns generated from shareholders' equity. The debt-to-equity ratio is 0.21, signaling low financial leverage, which is typically seen as a positive indicator of financial health. However, the company’s negative net cash flow of ₹-2.44 crore might raise concerns about its cash generation capabilities or capital expenditures. With a Piotroski score of 5.00, the company's financial stability is evaluated on several factors. Finally, the Graham Number, at ₹, provides an estimate of the stock’s intrinsic value, while the Price-to-Book (P/B) ratio of 0.71 highlights that the stock is trading at a premium to its book value, potentially reflecting positive market sentiment or overvaluation risks.