Highlights
- Sales over the Year and quarter: The company’s sales declined by -11.58 % over the year, decrease in net sales/revenue by -24.32 %.
- 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 23.26 %. Marginal decrease of -12.82% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Borosil Limited. Profit dropped by -77.22 % Year to Year, Borosil Limited’s profitability dropped by -86.38 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -77.20 % Year to Year. EPS decreased by -86.5 % 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. 258.856 Cr | Rs. 302.45 Cr | Rs. 228.88 Cr | -24.32 % | -11.58 % |
Expenses | Rs. 219.48 Cr | Rs. 245.74 Cr | Rs. 209.8 Cr | -14.63 % | -4.41 % |
Operating Profit | Rs. 39.38 Cr | Rs. 56.71 Cr | Rs. 19.08 Cr | -66.36 % | -51.55 % |
OPM % | 15.21 % | 18.75 % | 8.34 % | -10.41 % | -6.87 % |
Other Income | Rs. 5.46 Cr | Rs. 7.72 Cr | Rs. 6.73 Cr | -12.82 % | + 23.26 % |
Interest | Rs. 1.42 Cr | Rs. 2.25 Cr | Rs. 3.17 Cr | + 40.89 % | + 123.24 % |
Depreciation | Rs. 14.79 Cr | Rs. 13.04 Cr | Rs. 15.98 Cr | + 22.55 % | + 8.05 % |
Profit before tax | Rs. 28.63 Cr | Rs. 49.14 Cr | Rs. 6.66 Cr | -86.45 % | -76.74 % |
Tax % | 22.09 % | 24.1 % | 23.72 % | -0.38 % | + 1.63 % |
Net Profit | Rs. 22.3 Cr | Rs. 37.3 Cr | Rs. 5.08 Cr | -86.38 % | -77.22 % |
EPS in Rs | Rs. 1.93 | Rs. 3.26 | Rs. 0.44 | -86.5 % | -77.2 % |
Today, we’re looking at Borosil Limited’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -11.58 %. However, it did see a marginal slip of -24.32 % from the previous quarter. Expenses decreased slightly by -14.63 % quarter-on-quarter, aligning with the annual decline of -4.41 %. Operating profit, while down -51.55 % compared to last year, faced a quarter-on-quarter dip of -66.36 %, 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 -6.87 %, but a shrinkage of -10.41 % sequentially. Other income fell by -12.82 % compared to the last quarter, despite an annual growth of 23.26 %. Interest expenses surged remarkably by 40.89 % from the previous quarter, yet the year-over-year increase remains at a moderate 123.24 %. Depreciation costs climbed by 22.55 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 8.05 %. Profit before tax declined annually by -76.74 % but saw a reduction from the preceding quarter by -86.45 %.
Tax expenses as a percentage of profits increased slightly by 1.63 % compared to last year, with a more notable quarter-on-quarter decrease of -0.38 %. Net profit fell by -77.22 % year-on-year but witnessed a -86.38 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -77.2 % but a quarterly fall of -86.5 %. In summary, Borosil 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. 258.856 Cr | Rs. 302.45 Cr | Rs. 228.88 Cr | -24.32 % | -11.58 % |
Expenses | Rs. 219.48 Cr | Rs. 245.74 Cr | Rs. 209.8 Cr | -14.63 % | -4.41 % |
Operating Profit | Rs. 39.38 Cr | Rs. 56.71 Cr | Rs. 19.08 Cr | -66.36 % | -51.55 % |
Net Profit | Rs. 22.3 Cr | Rs. 37.3 Cr | Rs. 5.08 Cr | -86.38 % | -77.22 % |
EPS in Rs | Rs. 1.93 | Rs. 3.26 | Rs. 0.44 | -86.5 % | -77.2 % |
In reviewing Borosil Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -11.58 % year-on-year, although there was a slight dip of -24.32 % from the previous quarter. Expenses decreased by -4.41 % compared to the previous year, with a decrease of -14.63 % quarter-on-quarter. Operating Profit dropped by -51.55 % annually, and saw a -66.36 % decrease from the last quarter.
Net Profit showed yearly decrease of -77.22 %, and experienced a -86.38 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -77.2 % annually, however dipped by -86.5 % compared to the last quarter. In essence, while Borosil Limited faces strong annual decline indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.