Share the post "Orient Bell Limited’s Quarterly Result and Earnings Report for Q4(Mar 2024) : Sales increased by 3.99 % in YoY and increased by 29.42 % in QoQ"
Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 3.99 % in the past year, substantial increase in net sales/revenue by 29.42 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -29.75 %, Marginal decrease of -51.7% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Orient Bell Limited. Profit dropped by -22.55 % Year to Year, Orient Bell Limited’s profitability dropped by -246.02 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -23.01 % Year to Year. EPS decreased by -245.69 % 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. 200.325 Cr | Rs. 160.955 Cr | Rs. 208.31 Cr | + 29.42 % | + 3.99 % |
Expenses | Rs. 187.17 Cr | Rs. 161.34 Cr | Rs. 196.57 Cr | + 21.84 % | + 5.02 % |
Operating Profit | Rs. 13.16 Cr | Rs. -0.39 Cr | Rs. 11.74 Cr | + 3110.26 % | -10.79 % |
OPM % | 6.57 % | -0.24 % | 5.64 % | + 5.88 % | -0.93 % |
Other Income | Rs. 1.21 Cr | Rs. 1.76 Cr | Rs. 0.85 Cr | -51.7 % | -29.75 % |
Interest | Rs. 0.63 Cr | Rs. 0.44 Cr | Rs. 0.57 Cr | + 29.55 % | -9.52 % |
Depreciation | Rs. 5.29 Cr | Rs. 5.5 Cr | Rs. 5.5 Cr | + 0 % | + 3.97 % |
Profit before tax | Rs. 8.45 Cr | Rs. -4.57 Cr | Rs. 6.52 Cr | + 242.67 % | -22.84 % |
Tax % | 25.66 % | -25.57 % | 25.82 % | + 51.39 % | + 0.16 % |
Net Profit | Rs. 6.34 Cr | Rs. -3.36 Cr | Rs. 4.91 Cr | + 246.13 % | -22.56 % |
EPS in Rs | Rs. 4.39 | Rs. -2.32 | Rs. 3.38 | + 245.69 % | -23.01 % |
Today, we’re looking at Orient Bell 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 3.99 %. However, it did see a marginal increase of 29.42 % from the previous quarter. Expenses ticked up slightly by 21.84 % quarter-on-quarter, aligning with the annual rise of 5.02 %. Operating profit, while down -10.79 % compared to last year, faced a quarter-on-quarter increase of 3110.26 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -0.93 %, but an expansion of 5.88 % sequentially. Other income fell by -51.7 % compared to the last quarter, despite an annual decline of -29.75 %. Interest expenses surged remarkably by 29.55 % from the previous quarter, yet the year-over-year decrease remains at a moderate -9.52 %. Depreciation costs climbed by 0 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 3.97 %. Profit before tax declined annually by -22.84 % but saw an increase from the preceding quarter by 242.67 %.
Tax expenses as a percentage of profits increased slightly by 0.16 % compared to last year, with a more notable quarter-on-quarter increase of 51.39 %. Net profit fell by -22.56 % year-on-year but experienced a 246.13 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -23.01 % but a quarterly rise of 245.69 %. In summary, Orient Bell 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. 200.325 Cr | Rs. 160.955 Cr | Rs. 208.31 Cr | + 29.42 % | + 3.99 % |
Expenses | Rs. 187.17 Cr | Rs. 161.34 Cr | Rs. 196.57 Cr | + 21.84 % | + 5.02 % |
Operating Profit | Rs. 13.16 Cr | Rs. -0.39 Cr | Rs. 11.74 Cr | + 3110.26 % | -10.79 % |
Net Profit | Rs. 6.34 Cr | Rs. -3.36 Cr | Rs. 4.91 Cr | + 246.13 % | -22.56 % |
EPS in Rs | Rs. 4.39 | Rs. -2.32 | Rs. 3.38 | + 245.69 % | -23.01 % |
In reviewing Orient Bell Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 3.99 % year-on-year growth, however, there was a minor increase of 29.42 % from the previous quarter. Expenses rose by 5.02 % compared to the previous year, with a 21.84 % increase quarter-on-quarter. Operating Profit dropped by -10.79 % annually, and saw a 3110.26 % increase from the last quarter.
Net Profit showed yearly decrease of -22.56 %, and experienced a 246.13 % increase from the previous quarter. Earnings Per Share (EPS) fell by -23.01 % annually, however rose by 245.69 % compared to the last quarter. In essence, while Orient Bell Limited faces strong annual decline indicators, short-term improvements suggest the potential for recovery and the importance of strategic adjustments to counter market challenges effectively. That’s all for now in the financial sector.