Share the post "Pudumjee Paper Products announced Financial Results Q1 2024"
Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 12.09 % in the past year, decrease in net sales/revenue by -1.2 %.
- 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 129.78 %. Marginal decrease of -20.27% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Pudumjee Paper Products Limited. Notable increase of 145.28 % in net profit Year to Year, Pudumjee Paper Products Limited’s profitability dropped by -26.28 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 145.76 % Year to Year. EPS decreased by -26.4 % 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. 180.96 Cr | Rs. 205.31 Cr | Rs. 202.84 Cr | -1.2 % | + 12.09 % |
Expenses | Rs. 163.16 Cr | Rs. 156.53 Cr | Rs. 165.91 Cr | + 5.99 % | + 1.69 % |
Operating Profit | Rs. 17.8 Cr | Rs. 48.78 Cr | Rs. 36.93 Cr | -24.29 % | + 107.47 % |
OPM % | 9.84 % | 23.76 % | 18.21 % | -5.55 % | + 8.37 % |
Other Income | Rs. 1.78 Cr | Rs. 5.13 Cr | Rs. 4.09 Cr | -20.27 % | + 129.78 % |
Interest | Rs. 1.67 Cr | Rs. 0.68 Cr | Rs. 0.79 Cr | + 16.18 % | -52.69 % |
Depreciation | Rs. 2.83 Cr | Rs. 3.2 Cr | Rs. 3.19 Cr | -0.31 % | + 12.72 % |
Profit before tax | Rs. 15.08 Cr | Rs. 50.03 Cr | Rs. 37.04 Cr | -25.96 % | + 145.62 % |
Tax % | 25.46 % | 25.24 % | 25.57 % | + 0.33 % | + 0.11 % |
Net Profit | Rs. 11.24 Cr | Rs. 37.4 Cr | Rs. 27.57 Cr | -26.28 % | + 145.28 % |
EPS in Rs | Rs. 1.18 | Rs. 3.94 | Rs. 2.9 | -26.4 % | + 145.76 % |
Today, we’re looking at Pudumjee Paper Products Limited’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 12.09 %. However, it did see a marginal slip of -1.2 % from the previous quarter. Expenses ticked up slightly by 5.99 % quarter-on-quarter, aligning with the annual rise of 1.69 %. Operating profit, while up 107.47 % compared to last year, faced a quarter-on-quarter dip of -24.29 %, 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 8.37 %, but a shrinkage of -5.55 % sequentially. Other income fell by -20.27 % compared to the last quarter, despite an annual growth of 129.78 %. Interest expenses surged remarkably by 16.18 % from the previous quarter, yet the year-over-year decrease remains at a moderate -52.69 %. Depreciation costs fell by -0.31 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 12.72 %. Profit before tax grew annually by 145.62 % but saw a reduction from the preceding quarter by -25.96 %.
Tax expenses as a percentage of profits increased slightly by 0.11 % compared to last year, with a more notable quarter-on-quarter increase of 0.33 %. Net profit rose by 145.28 % year-on-year but witnessed a -26.28 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 145.76 % but a quarterly fall of -26.4 %. In summary, Pudumjee Paper Products 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. 180.96 Cr | Rs. 205.31 Cr | Rs. 202.84 Cr | -1.2 % | + 12.09 % |
Expenses | Rs. 163.16 Cr | Rs. 156.53 Cr | Rs. 165.91 Cr | + 5.99 % | + 1.69 % |
Operating Profit | Rs. 17.8 Cr | Rs. 48.78 Cr | Rs. 36.93 Cr | -24.29 % | + 107.47 % |
Net Profit | Rs. 11.24 Cr | Rs. 37.4 Cr | Rs. 27.57 Cr | -26.28 % | + 145.28 % |
EPS in Rs | Rs. 1.18 | Rs. 3.94 | Rs. 2.9 | -26.4 % | + 145.76 % |
In reviewing Pudumjee Paper Products Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 12.09 % year-on-year growth, although there was a slight dip of -1.2 % from the previous quarter. Expenses rose by 1.69 % compared to the previous year, with a 5.99 % increase quarter-on-quarter. Operating Profit surged by 107.47 % annually, and saw a -24.29 % decrease from the last quarter.
Net Profit showed yearly increase of 145.28 %, and experienced a -26.28 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 145.76 % annually, however dipped by -26.4 % compared to the last quarter. In essence, while Pudumjee Paper Products Limited 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.
[my_shortcode1 values=”Pudumjee Paper Products “]