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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 15.95 % in the past year, substantial increase in net sales/revenue by 12.37 %.
- 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 43.51 %. Marginal decrease of -50.13% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Orient Beverages Ltd.,. Notable increase of 22.8 % in net profit Year to Year, Orient Beverages Ltd.,’s profitability dropped by -11.9 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 22.60 % Year to Year. EPS decreased by -11.97 % 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. 38.24 Cr | Rs. 39.46 Cr | Rs. 44.34 Cr | + 12.37 % | + 15.95 % |
Expenses | Rs. 34.9 Cr | Rs. 37.11 Cr | Rs. 41.43 Cr | + 11.64 % | + 18.71 % |
Operating Profit | Rs. 3.34 Cr | Rs. 2.35 Cr | Rs. 2.91 Cr | + 23.83 % | -12.87 % |
OPM % | 8.73 % | 5.96 % | 6.56 % | + 0.6 % | -2.17 % |
Other Income | Rs. 1.31 Cr | Rs. 3.77 Cr | Rs. 1.88 Cr | -50.13 % | + 43.51 % |
Interest | Rs. 2.08 Cr | Rs. 2.25 Cr | Rs. 1.72 Cr | -23.56 % | -17.31 % |
Depreciation | Rs. 0.73 Cr | Rs. 0.76 Cr | Rs. 0.67 Cr | -11.84 % | -8.22 % |
Profit before tax | Rs. 1.84 Cr | Rs. 3.11 Cr | Rs. 2.4 Cr | -22.83 % | + 30.43 % |
Tax % | 4.89 % | 13.5 % | 1.25 % | -12.25 % | -3.64 % |
Net Profit | Rs. 1.93 Cr | Rs. 2.69 Cr | Rs. 2.37 Cr | -11.9 % | + 22.8 % |
EPS in Rs | Rs. 8.94 | Rs. 12.45 | Rs. 10.96 | -11.97 % | + 22.6 % |
Today, we’re looking at Orient Beverages 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 15.95 %. However, it did see a marginal increase of 12.37 % from the previous quarter. Expenses ticked up slightly by 11.64 % quarter-on-quarter, aligning with the annual rise of 18.71 %. Operating profit, while down -12.87 % compared to last year, faced a quarter-on-quarter increase of 23.83 %, 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 -2.17 %, but an expansion of 0.6 % sequentially. Other income fell by -50.13 % compared to the last quarter, despite an annual growth of 43.51 %. Interest expenses dropped significantly by -23.56 % from the previous quarter, yet the year-over-year decrease remains at a moderate -17.31 %. Depreciation costs fell by -11.84 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -8.22 %. Profit before tax grew annually by 30.43 % but saw a reduction from the preceding quarter by -22.83 %.
Tax expenses as a percentage of profits decreased slightly by -3.64 % compared to last year, with a more notable quarter-on-quarter decrease of -12.25 %. Net profit rose by 22.8 % year-on-year but witnessed a -11.9 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 22.6 % but a quarterly fall of -11.97 %. In summary, Orient Beverages 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. 38.24 Cr | Rs. 39.46 Cr | Rs. 44.34 Cr | + 12.37 % | + 15.95 % |
Expenses | Rs. 34.9 Cr | Rs. 37.11 Cr | Rs. 41.43 Cr | + 11.64 % | + 18.71 % |
Operating Profit | Rs. 3.34 Cr | Rs. 2.35 Cr | Rs. 2.91 Cr | + 23.83 % | -12.87 % |
Net Profit | Rs. 1.93 Cr | Rs. 2.69 Cr | Rs. 2.37 Cr | -11.9 % | + 22.8 % |
EPS in Rs | Rs. 8.94 | Rs. 12.45 | Rs. 10.96 | -11.97 % | + 22.6 % |
In reviewing Orient Beverages Ltd.,’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 15.95 % year-on-year growth, however, there was a minor increase of 12.37 % from the previous quarter. Expenses rose by 18.71 % compared to the previous year, with a 11.64 % increase quarter-on-quarter. Operating Profit dropped by -12.87 % annually, and saw a 23.83 % increase from the last quarter.
Net Profit showed yearly increase of 22.8 %, and experienced a -11.9 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 22.6 % annually, however dipped by -11.97 % compared to the last quarter. In essence, while Orient Beverages Ltd., exhibits strong annual growth 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.
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