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Highlights
- The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 12.82 % in the past year, decrease in net sales/revenue by -2.41 %.
- Profit over the Year and quarter: Significant improvement in profitability for Pilani Investment and Industries Corporation Limited. Notable increase of 28.5 % in net profit Year to Year, Pilani Investment and Industries Corporation Limited’s profitability increased by 3.41 % in this quarter.
- EPS over the Year and quarter: EPS increased by 28.49 % Year to Year. EPS increased by 3.42 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 54.736 Cr | Rs. 63.275 Cr | Rs. 61.751 Cr | -2.41 % | + 12.82 % |
Expenses | Rs. 3.88 Cr | Rs. 1.08 Cr | Rs. 1.7 Cr | + 57.41 % | -56.19 % |
Operating Profit | Rs. 50.86 Cr | Rs. 62.2 Cr | Rs. 60.05 Cr | -3.46 % | + 18.07 % |
OPM % | 92.92 % | 98.3 % | 97.25 % | -1.05 % | + 4.33 % |
Other Income | Rs. 0 Cr | Rs. 0.004 Cr | Rs. 0 Cr | 0 % | 0 % |
Interest | Rs. 16.32 Cr | Rs. 21.76 Cr | Rs. 19.95 Cr | -8.32 % | + 22.24 % |
Depreciation | Rs. 0.06 Cr | Rs. 0.06 Cr | Rs. 0.05 Cr | -16.67 % | -16.67 % |
Profit before tax | Rs. 34.48 Cr | Rs. 40.38 Cr | Rs. 40.05 Cr | -0.82 % | + 16.15 % |
Tax % | 25.21 % | 25.06 % | 25.26 % | + 0.2 % | + 0.05 % |
Net Profit | Rs. 25.3 Cr | Rs. 31.44 Cr | Rs. 32.51 Cr | + 3.4 % | + 28.5 % |
EPS in Rs | Rs. 22.85 | Rs. 28.39 | Rs. 29.36 | + 3.42 % | + 28.49 % |
Today, we’re looking at Pilani Investment and Industries Corporation 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 12.82 %. However, it did see a marginal slip of -2.41 % from the previous quarter. Expenses ticked up slightly by 57.41 % quarter-on-quarter, aligning with the annual decline of -56.19 %. Operating profit, while up 18.07 % compared to last year, faced a quarter-on-quarter dip of -3.46 %, 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 4.33 %, but a shrinkage of -1.05 % sequentially. Interest expenses dropped significantly by -8.32 % from the previous quarter, yet the year-over-year increase remains at a moderate 22.24 %. Depreciation costs fell by -16.67 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -16.67 %. Profit before tax grew annually by 16.15 % but saw a reduction from the preceding quarter by -0.82 %.
Tax expenses as a percentage of profits increased slightly by 0.05 % compared to last year, with a more notable quarter-on-quarter increase of 0.2 %. Net profit rose by 28.5 % year-on-year but experienced a 3.4 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 28.49 % but a quarterly rise of 3.42 %. In summary, Pilani Investment and Industries Corporation 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. 54.736 Cr | Rs. 63.275 Cr | Rs. 61.751 Cr | -2.41 % | + 12.82 % |
Expenses | Rs. 3.88 Cr | Rs. 1.08 Cr | Rs. 1.7 Cr | + 57.41 % | -56.19 % |
Operating Profit | Rs. 50.86 Cr | Rs. 62.2 Cr | Rs. 60.05 Cr | -3.46 % | + 18.07 % |
Net Profit | Rs. 25.3 Cr | Rs. 31.44 Cr | Rs. 32.51 Cr | + 3.4 % | + 28.5 % |
EPS in Rs | Rs. 22.85 | Rs. 28.39 | Rs. 29.36 | + 3.42 % | + 28.49 % |
In reviewing Pilani Investment and Industries Corporation Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 12.82 % year-on-year growth, although there was a slight dip of -2.41 % from the previous quarter. Expenses decreased by -56.19 % compared to the previous year, with a 57.41 % increase quarter-on-quarter. Operating Profit surged by 18.07 % annually, and saw a -3.46 % decrease from the last quarter.
Net Profit showed yearly increase of 28.5 %, and experienced a 3.4 % increase from the previous quarter. Earnings Per Share (EPS) rose by 28.49 % annually, however rose by 3.42 % compared to the last quarter. In essence, while Pilani Investment and Industries Corporation 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.