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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 11.8 % in the past year, decrease in net sales/revenue by -46.72 %.
- 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 11.97 %. Marginal increase in other income during this quarter, up by 221.2%.
- Profit over the Year and quarter: Significant improvement in profitability for NBCC (India) Limited. Notable increase of 38.48 % in net profit Year to Year, NBCC (India) Limited’s profitability dropped by -24.24 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 38.10 % Year to Year. EPS decreased by -23.68 % 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. 1917.871 Cr | Rs. 4024.502 Cr | Rs. 2144.16 Cr | -46.72 % | + 11.8 % |
Expenses | Rs. 1860.77 Cr | Rs. 3781.21 Cr | Rs. 2052.53 Cr | -45.72 % | + 10.31 % |
Operating Profit | Rs. 57.1 Cr | Rs. 243.29 Cr | Rs. 91.63 Cr | -62.34 % | + 60.47 % |
OPM % | 2.98 % | 6.05 % | 4.27 % | -1.78 % | + 1.29 % |
Other Income | Rs. 47.935 Cr | Rs. -44.285 Cr | Rs. 53.675 Cr | + 221.2 % | + 11.97 % |
Interest | Rs. 0.01 Cr | Rs. 0.02 Cr | Rs. 0.01 Cr | -50 % | + 0 % |
Depreciation | Rs. 1.25 Cr | Rs. 1.42 Cr | Rs. 1.45 Cr | + 2.11 % | + 16 % |
Profit before tax | Rs. 103.78 Cr | Rs. 197.57 Cr | Rs. 143.85 Cr | -27.19 % | + 38.61 % |
Tax % | 25.39 % | 28.41 % | 25.48 % | -2.93 % | + 0.09 % |
Net Profit | Rs. 77.41 Cr | Rs. 141.5 Cr | Rs. 107.2 Cr | -24.24 % | + 38.48 % |
EPS in Rs | Rs. 0.42 | Rs. 0.76 | Rs. 0.58 | -23.68 % | + 38.1 % |
Today, we’re looking at NBCC (India) 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 11.8 %. However, it did see a marginal slip of -46.72 % from the previous quarter. Expenses decreased slightly by -45.72 % quarter-on-quarter, aligning with the annual rise of 10.31 %. Operating profit, while up 60.47 % compared to last year, faced a quarter-on-quarter dip of -62.34 %, 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 1.29 %, but a shrinkage of -1.78 % sequentially. Other income rose by 221.2 % compared to the last quarter, despite an annual growth of 11.97 %. Interest expenses dropped significantly by -50 % from the previous quarter, yet the year-over-year increase remains at a moderate 0 %. Depreciation costs climbed by 2.11 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 16 %. Profit before tax grew annually by 38.61 % but saw a reduction from the preceding quarter by -27.19 %.
Tax expenses as a percentage of profits increased slightly by 0.09 % compared to last year, with a more notable quarter-on-quarter decrease of -2.93 %. Net profit rose by 38.48 % year-on-year but witnessed a -24.24 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 38.1 % but a quarterly fall of -23.68 %. In summary, NBCC (India) 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. 1917.871 Cr | Rs. 4024.502 Cr | Rs. 2144.16 Cr | -46.72 % | + 11.8 % |
Expenses | Rs. 1860.77 Cr | Rs. 3781.21 Cr | Rs. 2052.53 Cr | -45.72 % | + 10.31 % |
Operating Profit | Rs. 57.1 Cr | Rs. 243.29 Cr | Rs. 91.63 Cr | -62.34 % | + 60.47 % |
Net Profit | Rs. 77.41 Cr | Rs. 141.5 Cr | Rs. 107.2 Cr | -24.24 % | + 38.48 % |
EPS in Rs | Rs. 0.42 | Rs. 0.76 | Rs. 0.58 | -23.68 % | + 38.1 % |
In reviewing NBCC (India) Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 11.8 % year-on-year growth, although there was a slight dip of -46.72 % from the previous quarter. Expenses rose by 10.31 % compared to the previous year, with a decrease of -45.72 % quarter-on-quarter. Operating Profit surged by 60.47 % annually, and saw a -62.34 % decrease from the last quarter.
Net Profit showed yearly increase of 38.48 %, and experienced a -24.24 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 38.1 % annually, however dipped by -23.68 % compared to the last quarter. In essence, while NBCC (India) 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.
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