Financial Highlights (₹ in crores)
| Particulars | Q3 FY24 | Q2 FY24 | Q3 FY23 | 9M FY24 | 9M FY23 | FY23 (Audited) |
|---|---|---|---|---|---|---|
| Revenue from Operations | 513.75 | 394.08 | 423.74 | 1,282.59 | 1,285.01 | 1,872.48 |
| Other Income | 9.08 | 11.30 | 9.59 | 29.98 | 26.18 | 38.25 |
| Total Income | 522.83 | 405.38 | 433.33 | 1,312.57 | 1,311.19 | 1,910.73 |
| Total Expenses | 469.00 | 380.10 | 393.65 | 1,201.65 | 1,201.13 | 1,736.66 |
| Profit Before Tax (PBT) | 53.83 | 25.28 | 39.68 | 110.92 | 110.06 | 174.07 |
| Net Profit | 40.62 | 18.79 | 29.69 | 83.34 | 82.91 | 131.44 |
| Earnings Per Share (EPS) (₹) | 35.94 | 16.62 | 26.27 | 73.73 | 73.36 | 116.29 |
Segment-Wise Performance
| Segment | Q3 FY24 Revenue (₹ Cr) | YoY Growth |
|---|---|---|
| Power Systems | 317.51 | 35.5% |
| Industrial Systems | 196.24 | 3.6% |
- Power Systems: Strong demand in transformers and turnkey electrical substation projects drove higher revenue.
- Industrial Systems: Growth was subdued due to moderate demand in electric motors and automation solutions.
Balance Sheet Snapshot
| Particulars | 31-Dec-2024 (₹ Cr) | 31-Dec-2023 (₹ Cr) |
|---|---|---|
| Total Assets | 2,901.12 | 2,295.36 |
| Total Liabilities | 777.68 | 713.75 |
| Equity Share Capital | 5.65 | 5.65 |
| Other Equity | Not Reported | 1,859.48 |
Key Corporate Developments
- No Defaults: The company has no outstanding defaults on loans or debt securities.
- No M&A Activities: No major acquisition, divestment, or restructuring announcements.
- EPS Restated: Following a share split on April 24, 2024, EPS has been recalculated for past periods.
Management Commentary
Mikhail J. Danani, Vice Chairman & Managing Director, stated:Outlook & Investor Takeaways
- Growth Drivers: Increased demand in the power sector, expansion in automation solutions.
- Challenges: Inflationary pressures on raw material costs, global economic uncertainties.
- Investment Potential: Strong fundamentals and a growing order book position Bharat Bijlee as an attractive long-term investment.