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Highlights
- The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 0.04 % in the past year, decrease in net sales/revenue by -10.82 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -21.44 %, Marginal decrease of -75.59% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Jay Bharat Maruti Ltd.,. Notable increase of 4.24 % in net profit Year to Year, Jay Bharat Maruti Ltd.,’s profitability dropped by -52.05 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -57.98 % Year to Year. EPS decreased by -51.92 % 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. 533.174 Cr | Rs. 598.097 Cr | Rs. 533.371 Cr | -10.82 % | + 0.04 % |
Expenses | Rs. 495.73 Cr | Rs. 554.83 Cr | Rs. 495.69 Cr | -10.66 % | -0.01 % |
Operating Profit | Rs. 37.44 Cr | Rs. 43.27 Cr | Rs. 37.68 Cr | -12.92 % | + 0.64 % |
OPM % | 7.02 % | 7.23 % | 7.06 % | -0.17 % | + 0.04 % |
Other Income | Rs. 0.667 Cr | Rs. 2.147 Cr | Rs. 0.524 Cr | -75.59 % | -21.44 % |
Interest | Rs. 9.4 Cr | Rs. 9.15 Cr | Rs. 9.15 Cr | + 0 % | -2.66 % |
Depreciation | Rs. 21.08 Cr | Rs. 20.87 Cr | Rs. 20.97 Cr | + 0.48 % | -0.52 % |
Profit before tax | Rs. 7.63 Cr | Rs. 15.4 Cr | Rs. 8.08 Cr | -47.53 % | + 5.9 % |
Tax % | 32.96 % | 27.29 % | 33.56 % | + 6.27 % | + 0.6 % |
Net Profit | Rs. 5.17 Cr | Rs. 11.23 Cr | Rs. 5.38 Cr | -52.09 % | + 4.06 % |
EPS in Rs | Rs. 1.19 | Rs. 1.04 | Rs. 0.5 | -51.92 % | -57.98 % |
Today, we’re looking at Jay Bharat Maruti 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 0.04 %. However, it did see a marginal slip of -10.82 % from the previous quarter. Expenses decreased slightly by -10.66 % quarter-on-quarter, aligning with the annual decline of -0.01 %. Operating profit, while up 0.64 % compared to last year, faced a quarter-on-quarter dip of -12.92 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 0.04 %, but a shrinkage of -0.17 % sequentially. Other income fell by -75.59 % compared to the last quarter, despite an annual decline of -21.44 %. Interest expenses surged remarkably by 0 % from the previous quarter, yet the year-over-year decrease remains at a moderate -2.66 %. Depreciation costs climbed by 0.48 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -0.52 %. Profit before tax grew annually by 5.9 % but saw a reduction from the preceding quarter by -47.53 %.
Tax expenses as a percentage of profits increased slightly by 0.6 % compared to last year, with a more notable quarter-on-quarter increase of 6.27 %. Net profit rose by 4.06 % year-on-year but witnessed a -52.09 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -57.98 % but a quarterly fall of -51.92 %. In summary, Jay Bharat Maruti 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. 533.174 Cr | Rs. 598.097 Cr | Rs. 533.371 Cr | -10.82 % | + 0.04 % |
Expenses | Rs. 495.73 Cr | Rs. 554.83 Cr | Rs. 495.69 Cr | -10.66 % | -0.01 % |
Operating Profit | Rs. 37.44 Cr | Rs. 43.27 Cr | Rs. 37.68 Cr | -12.92 % | + 0.64 % |
Net Profit | Rs. 5.17 Cr | Rs. 11.23 Cr | Rs. 5.38 Cr | -52.09 % | + 4.06 % |
EPS in Rs | Rs. 1.19 | Rs. 1.04 | Rs. 0.5 | -51.92 % | -57.98 % |
In reviewing Jay Bharat Maruti Ltd.,’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 0.04 % year-on-year growth, although there was a slight dip of -10.82 % from the previous quarter. Expenses decreased by -0.01 % compared to the previous year, with a decrease of -10.66 % quarter-on-quarter. Operating Profit surged by 0.64 % annually, and saw a -12.92 % decrease from the last quarter.
Net Profit showed yearly increase of 4.06 %, and experienced a -52.09 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -57.98 % annually, however dipped by -51.92 % compared to the last quarter. In essence, while Jay Bharat Maruti Ltd., exhibits strong annual growth 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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