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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 1.96 % in the past year, decrease in net sales/revenue by -67.7 %.
- Profit over the Year and quarter: Challenges in sustaining profitability for Bridge Securities Ltd.. Profit dropped by -33.33 % Year to Year, Bridge Securities Ltd.’s profitability dropped by -89.59 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -38.46 % Year to Year. EPS decreased by -90 % 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. 0.102 Cr | Rs. 0.322 Cr | Rs. 0.104 Cr | -67.7 % | + 1.96 % |
Expenses | Rs. 0.06 Cr | Rs. 0.02 Cr | Rs. 0.08 Cr | + 300 % | + 33.33 % |
Operating Profit | Rs. 0.04 Cr | Rs. 0.3 Cr | Rs. 0.02 Cr | -93.33 % | -50 % |
OPM % | 39.22 % | 93.17 % | 19.23 % | -73.94 % | -19.99 % |
Other Income | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Depreciation | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Profit before tax | Rs. 0.04 Cr | Rs. 0.3 Cr | Rs. 0.02 Cr | -93.33 % | -50 % |
Tax % | 0 % | 11.84 % | 0 % | -11.84 % | 0 % |
Net Profit | Rs. 0.04 Cr | Rs. 0.27 Cr | Rs. 0.03 Cr | -88.89 % | -25 % |
EPS in Rs | Rs. 0.13 | Rs. 0.8 | Rs. 0.08 | -90 % | -38.46 % |
Today, we’re looking at Bridge Securities Ltd.’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 1.96 %. However, it did see a marginal slip of -67.7 % from the previous quarter. Expenses ticked up slightly by 300 % quarter-on-quarter, aligning with the annual rise of 33.33 %. Operating profit, while down -50 % compared to last year, faced a quarter-on-quarter dip of -93.33 %, 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 -19.99 %, but a shrinkage of -73.94 % sequentially. Profit before tax declined annually by -50 % but saw a reduction from the preceding quarter by -93.33 %.
with a more notable quarter-on-quarter decrease of -11.84 %. Net profit fell by -25 % year-on-year but witnessed a -88.89 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -38.46 % but a quarterly fall of -90 %. In summary, Bridge Securities 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. 0.102 Cr | Rs. 0.322 Cr | Rs. 0.104 Cr | -67.7 % | + 1.96 % |
Expenses | Rs. 0.06 Cr | Rs. 0.02 Cr | Rs. 0.08 Cr | + 300 % | + 33.33 % |
Operating Profit | Rs. 0.04 Cr | Rs. 0.3 Cr | Rs. 0.02 Cr | -93.33 % | -50 % |
Net Profit | Rs. 0.04 Cr | Rs. 0.27 Cr | Rs. 0.03 Cr | -88.89 % | -25 % |
EPS in Rs | Rs. 0.13 | Rs. 0.8 | Rs. 0.08 | -90 % | -38.46 % |
In reviewing Bridge Securities Ltd.’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 1.96 % year-on-year growth, although there was a slight dip of -67.7 % from the previous quarter. Expenses rose by 33.33 % compared to the previous year, with a 300 % increase quarter-on-quarter. Operating Profit dropped by -50 % annually, and saw a -93.33 % decrease from the last quarter.
Net Profit showed yearly decrease of -25 %, and experienced a -88.89 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -38.46 % annually, however dipped by -90 % compared to the last quarter. In essence, while Bridge Securities Ltd. 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.
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