BAAZAR STYLE RETAIL LTD. has announced its results for the year ended March 2024. Let us have a look at the detailed performance review of the company during FY23-24.
No. of Mths Year Ending | 12 Mar-23* | 12 Mar-24* | % Change | |
---|---|---|---|---|
Net Sales | Rs m | 7,879 | 9,729 | 23.5% |
Other income | Rs m | 65 | 99 | 53.3% |
Total Revenues | Rs m | 7,944 | 9,828 | 23.7% |
Gross profit | Rs m | 1,015 | 1,422 | 40.1% |
Depreciation | Rs m | 612 | 735 | 20.1% |
Interest | Rs m | 414 | 494 | 19.5% |
Profit before tax | Rs m | 54 | 292 | 440.5% |
Tax | Rs m | 3 | 73 | 2,285.9% |
Profit after tax | Rs m | 51 | 219 | 330.1% |
Gross profit margin | % | 12.9 | 14.6 | |
Effective tax rate | % | 5.6 | 24.9 | |
Net profit margin | % | 0.6 | 2.3 |
For Investors: Our Big Prediction
No. of Mths Year Ending | 12 Mar-23* | 12 Mar-24* | % Change | |
---|---|---|---|---|
Networth | Rs m | 1,936 | 2,151 | 11.1 |
Current Liabilities | Rs m | 3,098 | 4,857 | 56.8 |
Long-term Debt | Rs m | 181 | 291 | 60.8 |
Total Liabilities | Rs m | 8,671 | 11,561 | 33.3 |
Current assets | Rs m | 3,653 | 5,093 | 39.4 |
Fixed Assets | Rs m | 5,018 | 6,468 | 28.9 |
Total Assets | Rs m | 8,671 | 11,561 | 33.3 |
Particulars | No. of months | 12 | 12 | % Change |
---|---|---|---|---|
Year Ending | Mar-23 | Mar-24 | ||
Cash Flow from Operating Activities | Rs m | 329 | 1,116 | 239.2% |
Cash Flow from Investing Activities | Rs m | -430 | -845 | - |
Cash Flow from Financing Activities | Rs m | -77 | -181 | - |
Net Cash Flow | Rs m | -178 | 89 | - |
No. of Mths Year Ending | 12 Mar-23* | 12 Mar-24* | |
---|---|---|---|
Sales per share (Unadj.) | Rs | 225.6 | 139.3 |
TTM Earnings per share | Rs | 1.5 | 3.1 |
Diluted earnings per share | Rs | 0.7 | 2.9 |
Price to Cash Flow | x | 0.0 | 28.4 |
TTM P/E ratio | x | 0.0 | 123.6 |
Price / Book Value ratio | x | 0.0 | 0.0 |
Market Cap | Rs m | 0 | 27,123 |
Dividends per share (Unadj.) | Rs | 0.0 | 0.0 |
Current Ratio: The company's current ratio deteriorated and stood at 1.0x during FY24, from 1.2x during FY23. The current ratio measures the company's ability to pay short-term and long-term obligations.
Interest Coverage Ratio: The company's interest coverage ratio improved and stood at 1.6x during FY24, from 1.1x during FY23. The interest coverage ratio of a company states how easily a company can pay its interest expense on outstanding debt. A higher ratio is preferable.
Return on Equity (ROE): The ROE for the company improved and stood at 10.2% during FY24, from 2.6% during FY24. The ROE measures the ability of a firm to generate profits from its shareholders capital in the company.
Return on Capital Employed (ROCE): The ROCE for the company improved and stood at 32.2% during FY24, from 22.1% during FY23. The ROCE measures the ability of a firm to generate profits from its total capital (shareholder capital plus debt capital) employed in the company.
Return on Assets (ROA): The ROA of the company improved and stood at 6.2% during FY24, from 5.4% during FY23. The ROA measures how efficiently the company uses its assets to generate earnings.
No. of Mths Year Ending | 12 Mar-23* | 12 Mar-24* | |
---|---|---|---|
Current ratio | x | 1.2 | 1.0 |
Debtors’ Days | Days | 0 | 0 |
Interest coverage | x | 1.1 | 1.6 |
Debt to equity ratio | x | 0.1 | 0.1 |
Return on assets | % | 5.4 | 6.2 |
Return on equity | % | 2.6 | 10.2 |
Return on capital employed | % | 22.1 | 32.2 |
To see how BAAZAR STYLE RETAIL LTD. has performed over the last 5 years, please visit here.
Over the last one year, BAAZAR STYLE RETAIL LTD. share price has moved up from Rs 0.0 to Rs 363.5, registering a gain of Rs 363.5 or around 0.0%.
Overall, the S&P BSE SENSEX is up 22.2% over the year.
(To know more, check out historical annual results for BAAZAR STYLE RETAIL LTD. and quarterly results for BAAZAR STYLE RETAIL LTD.)
BAAZAR STYLE RETAIL LTD. currently trades at Rs 318.6 per share. You can check out the latest share price performance of BAAZAR STYLE RETAIL LTD. here...
The revenues of BAAZAR STYLE RETAIL LTD. stood at Rs 9,828 m in FY24, which was up 23.7% compared to Rs 7,944 m reported in FY23.
BAAZAR STYLE RETAIL LTD.'s revenue has grown from Rs 6,325 m in FY20 to Rs 9,828 m in FY24.
Over the past 5 years, the revenue of BAAZAR STYLE RETAIL LTD. has grown at a CAGR of 11.7%.
The net profit of BAAZAR STYLE RETAIL LTD. stood at Rs 219 m in FY24, which was up 330.1% compared to Rs 51 m reported in FY23.
This compares to a net loss of Rs -80 m in FY22 and a net loss of Rs -183 m in FY21.
Over the past 5 years, BAAZAR STYLE RETAIL LTD. net profit has grown at a CAGR of NaN%.
The cash flow statement is the financial statement that presents the cash inflows and outflows of a company during a given period of time.
This statement is one of the most useful tools for judging a company's liquidity position. The ratios and parameters in this statement helps test a company's financial health.
The cash flow statement of BAAZAR STYLE RETAIL LTD. reveals:
Here's the cash flow statement of BAAZAR STYLE RETAIL LTD. for the past 5 years.
(Rs m) | FY20 | FY21 | FY22 | FY23 | FY24 |
---|---|---|---|---|---|
From Operations | 632 | 474 | 156 | 329 | 1,116 |
From Investments | -264 | -89 | -265 | -430 | -845 |
From Financial Activity | -458 | -365 | 285 | -77 | -181 |
Net Cashflow | -90 | 20 | 176 | -178 | 89 |
Be it the company's profitability, operations effectiveness or utilization of funds, ratio analysis is an important tool which helps in making investment decisions.
The ratio/financial analysis of BAAZAR STYLE RETAIL LTD. reveals:
Here's the ratio/financial analysis of BAAZAR STYLE RETAIL LTD. for the past 5 years.
FY20 | FY21 | FY22 | FY23 | FY24 | |
---|---|---|---|---|---|
Operating Profit Margin (%) | 10.2 | 10.9 | 12.4 | 12.9 | 14.6 |
Net Profit Margin (%) | -1.6 | -4.3 | -1.5 | 0.6 | 2.3 |
Debt to Equity Ratio (x) | 0.3 | 0.3 | 0.1 | 0.1 | 0.1 |
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