NIFTY 50 22795.9 ▼ (0.51%)
NIFTY NEXT 50 60466.8 ▼ (0.94%)
NIFTY 100 23274.05 ▼ (0.59%)
NIFTY MIDCAP 100 50486.2 ▼ (1.32%)
NIFTY SMALLCAP 100 15636.9 ▼ (0.7%)
NIFTY SMALLCAP 250 14683.4 ▼ (0.57%)
NIFTY MIDCAP SELECT 11198.9 ▼ (1.69%)
NIFTY TOTAL MARKET 11634.25 ▼ (0.67%)
NIFTY BANK 48981.2 ▼ (0.72%)
SENSEX 75311.06 ▼ (0.56%)
BSE BANKEX 55718.18 ▼ (0.82%)

Orient Beverages ‘s Latest Q1 Report: Profit Up by 22.8% Year-on-Year

Image is loading

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.

The comprehensive analytics outlining the performance and outlook of Orient Beverages Ltd.,‘s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

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.

[my_shortcode1]

Join our telegram for more updates

Stay Updated with Our YouTube Videos

Related Post