Share the post "Tribhovandas Bhimji Zaveri : Q4 2024 Financial Quarterly Report : YoY Sales Up 8.99 %, QoQ Down 31.65 %"
Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 8.99 % in the past year, decrease in net sales/revenue by -31.65 %.
- 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 169.23 %. Marginal increase in other income during this quarter, up by 33.76%.
- Profit over the Year and quarter: Significant improvement in profitability for Tribhovandas Bhimji Zaveri Limited. Notable increase of 7.53 % in net profit Year to Year, Tribhovandas Bhimji Zaveri Limited’s profitability dropped by -41.19 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 7.39 % Year to Year. EPS decreased by -41.12 % 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. 464.752 Cr | Rs. 741.025 Cr | Rs. 506.517 Cr | -31.65 % | + 8.99 % |
Expenses | Rs. 433.82 Cr | Rs. 695.18 Cr | Rs. 475.15 Cr | -31.65 % | + 9.53 % |
Operating Profit | Rs. 30.93 Cr | Rs. 45.85 Cr | Rs. 31.37 Cr | -31.58 % | + 1.42 % |
OPM % | 6.66 % | 6.19 % | 6.19 % | + 0 % | -0.47 % |
Other Income | Rs. 0.78 Cr | Rs. 1.57 Cr | Rs. 2.1 Cr | + 33.76 % | + 169.23 % |
Interest | Rs. 11.64 Cr | Rs. 12.47 Cr | Rs. 12.91 Cr | + 3.53 % | + 10.91 % |
Depreciation | Rs. 6.31 Cr | Rs. 5.87 Cr | Rs. 5.33 Cr | -9.2 % | -15.53 % |
Profit before tax | Rs. 13.76 Cr | Rs. 29.08 Cr | Rs. 15.23 Cr | -47.63 % | + 10.68 % |
Tax % | 14.79 % | 26.26 % | 17.2 % | -9.06 % | + 2.41 % |
Net Profit | Rs. 11.73 Cr | Rs. 21.44 Cr | Rs. 12.61 Cr | -41.18 % | + 7.5 % |
EPS in Rs | Rs. 1.76 | Rs. 3.21 | Rs. 1.89 | -41.12 % | + 7.39 % |
Today, we’re looking at Tribhovandas Bhimji Zaveri 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 8.99 %. However, it did see a marginal slip of -31.65 % from the previous quarter. Expenses decreased slightly by -31.65 % quarter-on-quarter, aligning with the annual rise of 9.53 %. Operating profit, while up 1.42 % compared to last year, faced a quarter-on-quarter dip of -31.58 %, 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 -0.47 %, but an expansion of 0 % sequentially. Other income rose by 33.76 % compared to the last quarter, despite an annual growth of 169.23 %. Interest expenses surged remarkably by 3.53 % from the previous quarter, yet the year-over-year increase remains at a moderate 10.91 %. Depreciation costs fell by -9.2 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -15.53 %. Profit before tax grew annually by 10.68 % but saw a reduction from the preceding quarter by -47.63 %.
Tax expenses as a percentage of profits increased slightly by 2.41 % compared to last year, with a more notable quarter-on-quarter decrease of -9.06 %. Net profit rose by 7.5 % year-on-year but witnessed a -41.18 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 7.39 % but a quarterly fall of -41.12 %. In summary, Tribhovandas Bhimji Zaveri 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. 464.752 Cr | Rs. 741.025 Cr | Rs. 506.517 Cr | -31.65 % | + 8.99 % |
Expenses | Rs. 433.82 Cr | Rs. 695.18 Cr | Rs. 475.15 Cr | -31.65 % | + 9.53 % |
Operating Profit | Rs. 30.93 Cr | Rs. 45.85 Cr | Rs. 31.37 Cr | -31.58 % | + 1.42 % |
Net Profit | Rs. 11.73 Cr | Rs. 21.44 Cr | Rs. 12.61 Cr | -41.18 % | + 7.5 % |
EPS in Rs | Rs. 1.76 | Rs. 3.21 | Rs. 1.89 | -41.12 % | + 7.39 % |
In reviewing Tribhovandas Bhimji Zaveri Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 8.99 % year-on-year growth, although there was a slight dip of -31.65 % from the previous quarter. Expenses rose by 9.53 % compared to the previous year, with a decrease of -31.65 % quarter-on-quarter. Operating Profit surged by 1.42 % annually, and saw a -31.58 % decrease from the last quarter.
Net Profit showed yearly increase of 7.5 %, and experienced a -41.18 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 7.39 % annually, however dipped by -41.12 % compared to the last quarter. In essence, while Tribhovandas Bhimji Zaveri 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.