During the latest six-month period, B&B Triplewall reported net sales of ₹298.58 crores, representing a growth rate of 31.68%. This figure stands out against the backdrop of the packaging industry’s broader performance, indicating a robust top-line movement. The company’s operating profit to net sales ratio for the quarter reached 14.69%, the highest recorded in recent periods, signalling a noteworthy margin profile. Additionally, the operating profit before depreciation, interest, and taxes (PBDIT) for the quarter was ₹21.50 crores, marking a peak in operational earnings.
Turnaround taking shape! This Small Cap from NBFC sector just hit profitability with strong business fundamentals showing up. Catch it before the major breakout happens!
- Recently turned profitable
- Strong business fundamentals
- Pre-breakout opportunity
Examining liquidity and efficiency, the debtors turnover ratio for the half-year stood at 6.99 times, the highest in recent history, suggesting improved collection efficiency. The operating profit to interest coverage ratio for the quarter was 3.77 times, indicating the company’s capacity to service its interest obligations from operating profits. However, interest expenses over nine months were ₹17.49 crores, reflecting a growth rate of 46.97%, which may warrant attention in future evaluations.
Profit before tax excluding other income (PBT less OI) was ₹5.59 crores for the quarter, while the profit after tax (PAT) was ₹4.67 crores, both figures representing the highest quarterly values recorded. Despite this, the PAT for the nine-month period was ₹4.78 crores, showing a decline of 26.91% compared to the previous corresponding period, highlighting some challenges in sustained profitability over the longer term. Earnings per share (EPS) for the quarter was ₹22.78, the highest in recent quarters, reflecting the earnings concentration in this period.
Holding B&B Triplewall Containers from Packaging? See if there's a smarter choice! SwitchER compares it with peers and suggests superior options across market caps and sectors!
- Peer comparison ready
- Superior options identified
- Cross market-cap analysis
From a market perspective, B&B Triplewall’s stock price closed at ₹222.05, up 2.00% on the day, with an intraday range between ₹213.35 and ₹228.00. The stock’s 52-week high and low are ₹255.00 and ₹119.55 respectively, indicating a wide trading band over the past year. When compared to the Sensex, B&B Triplewall’s returns have outpaced the benchmark over shorter time frames: a 16.35% return over one week and 17.77% over one month, versus Sensex returns of 0.96% and 0.86% respectively. Year-to-date, the stock has returned 13.09%, ahead of the Sensex’s 8.36%. However, over the one-year period, the Sensex’s 9.48% return exceeds B&B Triplewall’s 4.44%.
These financial and market data points suggest an adjustment in the evaluation of B&B Triplewall Containers’ financial trend parameter, reflecting a shift in the company’s recent quarterly performance relative to its historical trend. Investors and market participants may find these insights useful when analysing the company’s evolving position within the packaging sector.
Get 2 full years of MojoOne Premium for only Rs. 12,999. Subscribe for 1 year and we'll add another year FREE. Offer valid for a limited time. Start Saving Now →
