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RATHI BARS : Q4 2024 Financial Quarterly Report : YoY Sales Down 30.79 %, QoQ Up 2.16 %

July 1, 2024July 1, 2024| adminadmin| 0 Comments| 8:00 am
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Highlights

  • Sales over the Year and quarter: The company’s sales declined by -30.79 % over the year, substantial increase in net sales/revenue by 2.16 %.
  • Income over the Year and quarter: There has been decline in other income over the past year which is -56 %, Marginal decrease of -75.56% in other income during this quarter.
  • Profit over the Year and quarter: Significant improvement in profitability for RATHI BARS LIMITED. Notable increase of 35.01 % in net profit Year to Year, RATHI BARS LIMITED’s profitability increased by 48.32 % in this quarter.
  • EPS over the Year and quarter: EPS increased by 35.71 % Year to Year. EPS increased by 49.02 % in previous quarter. Positive impact on shareholders.

The comprehensive analytics outlining the performance and outlook of RATHI BARS LIMITED”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. 198.424 Cr Rs. 134.419 Cr Rs. 137.323 Cr + 2.16 % -30.79 %
Expenses Rs. 193.9 Cr Rs. 130.27 Cr Rs. 135.29 Cr + 3.85 % -30.23 %
Operating Profit Rs. 4.52 Cr Rs. 4.15 Cr Rs. 2.03 Cr -51.08 % -55.09 %
OPM % 2.28 % 3.09 % 1.48 % -1.61 % -0.8 %
Other Income Rs. 0.25 Cr Rs. 0.45 Cr Rs. 0.11 Cr -75.56 % -56 %
Interest Rs. 1.78 Cr Rs. 2.17 Cr Rs. 0.33 Cr -84.79 % -81.46 %
Depreciation Rs. 2.08 Cr Rs. 1.6 Cr Rs. 0.59 Cr -63.13 % -71.63 %
Profit before tax Rs. 0.91 Cr Rs. 0.83 Cr Rs. 1.22 Cr + 46.99 % + 34.07 %
Tax % 0 % 0 % 0 % 0 % 0 %
Net Profit Rs. 0.91 Cr Rs. 0.83 Cr Rs. 1.23 Cr + 48.19 % + 35.16 %
EPS in Rs Rs. 0.56 Rs. 0.51 Rs. 0.76 + 49.02 % + 35.71 %


Today, we’re looking at RATHI BARS LIMITED’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -30.79 %. However, it did see a marginal increase of 2.16 % from the previous quarter. Expenses ticked up slightly by 3.85 % quarter-on-quarter, aligning with the annual decline of -30.23 %. Operating profit, while down -55.09 % compared to last year, faced a quarter-on-quarter dip of -51.08 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -0.8 %, but a shrinkage of -1.61 % sequentially. Other income fell by -75.56 % compared to the last quarter, despite an annual decline of -56 %. Interest expenses dropped significantly by -84.79 % from the previous quarter, yet the year-over-year decrease remains at a moderate -81.46 %. Depreciation costs fell by -63.13 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -71.63 %. Profit before tax grew annually by 34.07 % but saw an increase from the preceding quarter by 46.99 %.
Net profit rose by 35.16 % year-on-year but experienced a 48.19 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 35.71 % but a quarterly rise of 49.02 %. In summary, RATHI BARS 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. 198.424 Cr Rs. 134.419 Cr Rs. 137.323 Cr + 2.16 % -30.79 %
Expenses Rs. 193.9 Cr Rs. 130.27 Cr Rs. 135.29 Cr + 3.85 % -30.23 %
Operating Profit Rs. 4.52 Cr Rs. 4.15 Cr Rs. 2.03 Cr -51.08 % -55.09 %
Net Profit Rs. 0.91 Cr Rs. 0.83 Cr Rs. 1.23 Cr + 48.19 % + 35.16 %
EPS in Rs Rs. 0.56 Rs. 0.51 Rs. 0.76 + 49.02 % + 35.71 %


In reviewing RATHI BARS LIMITED’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -30.79 % year-on-year, however, there was a minor increase of 2.16 % from the previous quarter. Expenses decreased by -30.23 % compared to the previous year, with a 3.85 % increase quarter-on-quarter. Operating Profit dropped by -55.09 % annually, and saw a -51.08 % decrease from the last quarter.
Net Profit showed yearly increase of 35.16 %, and experienced a 48.19 % increase from the previous quarter. Earnings Per Share (EPS) rose by 35.71 % annually, however rose by 49.02 % compared to the last quarter. In essence, while RATHI BARS LIMITED 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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