Share the post "Pearl Polymers : Q4 2024 Financial Quarterly Report : YoY Sales Up 6.48 %, QoQ Up 37.2 %"
Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 6.48 % in the past year, substantial increase in net sales/revenue by 37.2 %.
- 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 91.94 %. Marginal decrease of -51.03% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Pearl Polymers Ltd.. Profit dropped by -83.73 % Year to Year, Pearl Polymers Ltd.’s profitability dropped by -184.67 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -83.52 % Year to Year. EPS decreased by -185.71 % 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. 4.863 Cr | Rs. 3.774 Cr | Rs. 5.178 Cr | + 37.2 % | + 6.48 % |
Expenses | Rs. 8.25 Cr | Rs. 5.45 Cr | Rs. 6.9 Cr | + 26.61 % | -16.36 % |
Operating Profit | Rs. -3.39 Cr | Rs. -1.68 Cr | Rs. -1.72 Cr | -2.38 % | + 49.26 % |
OPM % | -69.71 % | -44.52 % | -33.22 % | + 11.3 % | + 36.49 % |
Other Income | Rs. 0.62 Cr | Rs. 2.43 Cr | Rs. 1.19 Cr | -51.03 % | + 91.94 % |
Interest | Rs. 0.01 Cr | Rs. 0.01 Cr | Rs. 0.01 Cr | + 0 % | + 0 % |
Depreciation | Rs. 0.14 Cr | Rs. 0.16 Cr | Rs. 0.16 Cr | + 0 % | + 14.29 % |
Profit before tax | Rs. -2.92 Cr | Rs. 0.58 Cr | Rs. -0.7 Cr | -220.69 % | + 76.03 % |
Tax % | -4.84 % | 0 % | -29.3 % | -29.3 % | -24.46 % |
Net Profit | Rs. -3.06 Cr | Rs. 0.59 Cr | Rs. -0.5 Cr | -184.75 % | + 83.66 % |
EPS in Rs | Rs. -1.82 | Rs. 0.35 | Rs. -0.3 | -185.71 % | + 83.52 % |
Today, we’re looking at Pearl Polymers Ltd.’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 6.48 %. However, it did see a marginal increase of 37.2 % from the previous quarter. Expenses ticked up slightly by 26.61 % quarter-on-quarter, aligning with the annual decline of -16.36 %. Operating profit, while up 49.26 % compared to last year, faced a quarter-on-quarter dip of -2.38 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 36.49 %, but an expansion of 11.3 % sequentially. Other income fell by -51.03 % compared to the last quarter, despite an annual growth of 91.94 %. Interest expenses surged remarkably by 0 % from the previous quarter, yet the year-over-year increase remains at a moderate 0 %. Depreciation costs climbed by 0 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 14.29 %. Profit before tax grew annually by 76.03 % but saw a reduction from the preceding quarter by -220.69 %.
Tax expenses as a percentage of profits decreased slightly by -24.46 % compared to last year, with a more notable quarter-on-quarter decrease of -29.3 %. Net profit rose by 83.66 % year-on-year but witnessed a -184.75 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 83.52 % but a quarterly fall of -185.71 %. In summary, Pearl Polymers Ltd.’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. 4.863 Cr | Rs. 3.774 Cr | Rs. 5.178 Cr | + 37.2 % | + 6.48 % |
Expenses | Rs. 8.25 Cr | Rs. 5.45 Cr | Rs. 6.9 Cr | + 26.61 % | -16.36 % |
Operating Profit | Rs. -3.39 Cr | Rs. -1.68 Cr | Rs. -1.72 Cr | -2.38 % | + 49.26 % |
Net Profit | Rs. -3.06 Cr | Rs. 0.59 Cr | Rs. -0.5 Cr | -184.75 % | + 83.66 % |
EPS in Rs | Rs. -1.82 | Rs. 0.35 | Rs. -0.3 | -185.71 % | + 83.52 % |
In reviewing Pearl Polymers Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 6.48 % year-on-year growth, however, there was a minor increase of 37.2 % from the previous quarter. Expenses decreased by -16.36 % compared to the previous year, with a 26.61 % increase quarter-on-quarter. Operating Profit surged by 49.26 % annually, and saw a -2.38 % decrease from the last quarter.
Net Profit showed yearly increase of 83.66 %, and experienced a -184.75 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 83.52 % annually, however dipped by -185.71 % compared to the last quarter. In essence, while Pearl Polymers Ltd. exhibits strong annual growth indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.