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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 17.43 % in the past year, decrease in net sales/revenue by -5.24 %.
- 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 49.22 %. Marginal increase in other income during this quarter, up by 41.91%.
- Profit over the Year and quarter: Significant improvement in profitability for Mrs. Bectors Food Specialities Limited. Notable increase of 21.56 % in net profit Year to Year, Mrs. Bectors Food Specialities Limited’s profitability dropped by -2.88 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 21.70 % Year to Year. EPS decreased by -2.89 % 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. 346.079 Cr | Rs. 428.858 Cr | Rs. 406.394 Cr | -5.24 % | + 17.43 % |
| Expenses | Rs. 297.84 Cr | Rs. 367.67 Cr | Rs. 347.76 Cr | -5.42 % | + 16.76 % |
| Operating Profit | Rs. 48.24 Cr | Rs. 61.19 Cr | Rs. 58.63 Cr | -4.18 % | + 21.54 % |
| OPM % | 13.94 % | 14.27 % | 14.43 % | + 0.16 % | + 0.49 % |
| Other Income | Rs. 4.47 Cr | Rs. 4.7 Cr | Rs. 6.67 Cr | + 41.91 % | + 49.22 % |
| Interest | Rs. 2.27 Cr | Rs. 3.39 Cr | Rs. 3.74 Cr | + 10.32 % | + 64.76 % |
| Depreciation | Rs. 13.42 Cr | Rs. 16.15 Cr | Rs. 16.35 Cr | + 1.24 % | + 21.83 % |
| Profit before tax | Rs. 37.02 Cr | Rs. 46.35 Cr | Rs. 45.21 Cr | -2.46 % | + 22.12 % |
| Tax % | 25.32 % | 25.33 % | 25.66 % | + 0.33 % | + 0.34 % |
| Net Profit | Rs. 27.65 Cr | Rs. 34.61 Cr | Rs. 33.62 Cr | -2.86 % | + 21.59 % |
| EPS in Rs | Rs. 4.7 | Rs. 5.89 | Rs. 5.7 | -3.23 % | + 21.28 % |
Today, we’re looking at Mrs. Bectors Food Specialities Limited’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 17.43 %. However, it did see a marginal slip of -5.24 % from the previous quarter. Expenses decreased slightly by -5.42 % quarter-on-quarter, aligning with the annual rise of 16.76 %. Operating profit, while up 21.54 % compared to last year, faced a quarter-on-quarter dip of -4.18 %, 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 0.49 %, but an expansion of 0.16 % sequentially. Other income rose by 41.91 % compared to the last quarter, despite an annual growth of 49.22 %. Interest expenses surged remarkably by 10.32 % from the previous quarter, yet the year-over-year increase remains at a moderate 64.76 %. Depreciation costs climbed by 1.24 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 21.83 %. Profit before tax grew annually by 22.12 % but saw a reduction from the preceding quarter by -2.46 %.
Tax expenses as a percentage of profits increased slightly by 0.34 % compared to last year, with a more notable quarter-on-quarter increase of 0.33 %. Net profit rose by 21.59 % year-on-year but witnessed a -2.86 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 21.28 % but a quarterly fall of -3.23 %. In summary, Mrs. Bectors Food Specialities 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. 346.079 Cr | Rs. 428.858 Cr | Rs. 406.394 Cr | -5.24 % | + 17.43 % |
| Expenses | Rs. 297.84 Cr | Rs. 367.67 Cr | Rs. 347.76 Cr | -5.42 % | + 16.76 % |
| Operating Profit | Rs. 48.24 Cr | Rs. 61.19 Cr | Rs. 58.63 Cr | -4.18 % | + 21.54 % |
| Net Profit | Rs. 27.65 Cr | Rs. 34.61 Cr | Rs. 33.62 Cr | -2.86 % | + 21.59 % |
| EPS in Rs | Rs. 4.7 | Rs. 5.89 | Rs. 5.7 | -3.23 % | + 21.28 % |
In reviewing Mrs. Bectors Food Specialities Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 17.43 % year-on-year growth, although there was a slight dip of -5.24 % from the previous quarter. Expenses rose by 16.76 % compared to the previous year, with a decrease of -5.42 % quarter-on-quarter. Operating Profit surged by 21.54 % annually, and saw a -4.18 % decrease from the last quarter.
Net Profit showed yearly increase of 21.59 %, and experienced a -2.86 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 21.28 % annually, however dipped by -3.23 % compared to the last quarter. In essence, while Mrs. Bectors Food Specialities Limited 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.
