Share the post "PRIVI SPECIALITY CHEMICALS LIMITED’s Quarterly Result and Earnings Report for Q4(Mar 2024) : Sales increased by (21.48) % in YoY and increased by 19.94 % in QoQ"
Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 21.48 % in the past year, substantial increase in net sales/revenue by 19.94 %.
- 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 140.19 %. Marginal increase in other income during this quarter, up by 35.05%.
- Profit over the Year and quarter: Challenges in sustaining profitability for PRIVI SPECIALITY CHEMICALS LIMITED. Profit dropped by -315.14 % Year to Year, PRIVI SPECIALITY CHEMICALS LIMITED’s profitability increased by 10.76 % in this quarter.
- EPS over the Year and quarter: EPS declined by -315.30 % Year to Year. EPS increased by 10.72 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 398.708 Cr | Rs. 403.813 Cr | Rs. 484.348 Cr | + 19.94 % | + 21.48 % |
Expenses | Rs. 366.61 Cr | Rs. 313.82 Cr | Rs. 393.35 Cr | + 25.34 % | + 7.29 % |
Operating Profit | Rs. 32.1 Cr | Rs. 89.99 Cr | Rs. 91 Cr | + 1.12 % | + 183.49 % |
OPM % | 8.05 % | 22.29 % | 18.79 % | -3.5 % | + 10.74 % |
Other Income | Rs. 3.16 Cr | Rs. 5.62 Cr | Rs. 7.59 Cr | + 35.05 % | + 140.19 % |
Interest | Rs. 22.62 Cr | Rs. 24.08 Cr | Rs. 25.06 Cr | + 4.07 % | + 10.79 % |
Depreciation | Rs. 31.35 Cr | Rs. 32.45 Cr | Rs. 29.56 Cr | -8.91 % | -5.71 % |
Profit before tax | Rs. -18.71 Cr | Rs. 39.08 Cr | Rs. 43.97 Cr | + 12.51 % | + 335.01 % |
Tax % | -20.87 % | 26.38 % | 27.5 % | + 1.12 % | + 48.37 % |
Net Profit | Rs. -14.81 Cr | Rs. 28.77 Cr | Rs. 31.87 Cr | + 10.78 % | + 315.19 % |
EPS in Rs | Rs. -3.79 | Rs. 7.37 | Rs. 8.16 | + 10.72 % | + 315.3 % |
Today, we’re looking at PRIVI SPECIALITY CHEMICALS LIMITED’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 21.48 %. However, it did see a marginal increase of 19.94 % from the previous quarter. Expenses ticked up slightly by 25.34 % quarter-on-quarter, aligning with the annual rise of 7.29 %. Operating profit, while up 183.49 % compared to last year, faced a quarter-on-quarter increase of 1.12 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 10.74 %, but a shrinkage of -3.5 % sequentially. Other income rose by 35.05 % compared to the last quarter, despite an annual growth of 140.19 %. Interest expenses surged remarkably by 4.07 % from the previous quarter, yet the year-over-year increase remains at a moderate 10.79 %. Depreciation costs fell by -8.91 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -5.71 %. Profit before tax grew annually by 335.01 % but saw an increase from the preceding quarter by 12.51 %.
Tax expenses as a percentage of profits increased slightly by 48.37 % compared to last year, with a more notable quarter-on-quarter increase of 1.12 %. Net profit rose by 315.19 % year-on-year but experienced a 10.78 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 315.3 % but a quarterly rise of 10.72 %. In summary, PRIVI SPECIALITY CHEMICALS 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. 398.708 Cr | Rs. 403.813 Cr | Rs. 484.348 Cr | + 19.94 % | + 21.48 % |
Expenses | Rs. 366.61 Cr | Rs. 313.82 Cr | Rs. 393.35 Cr | + 25.34 % | + 7.29 % |
Operating Profit | Rs. 32.1 Cr | Rs. 89.99 Cr | Rs. 91 Cr | + 1.12 % | + 183.49 % |
Net Profit | Rs. -14.81 Cr | Rs. 28.77 Cr | Rs. 31.87 Cr | + 10.78 % | + 315.19 % |
EPS in Rs | Rs. -3.79 | Rs. 7.37 | Rs. 8.16 | + 10.72 % | + 315.3 % |
In reviewing PRIVI SPECIALITY CHEMICALS LIMITED’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 21.48 % year-on-year growth, however, there was a minor increase of 19.94 % from the previous quarter. Expenses rose by 7.29 % compared to the previous year, with a 25.34 % increase quarter-on-quarter. Operating Profit surged by 183.49 % annually, and saw a 1.12 % increase from the last quarter.
Net Profit showed yearly increase of 315.19 %, and experienced a 10.78 % increase from the previous quarter. Earnings Per Share (EPS) rose by 315.3 % annually, however rose by 10.72 % compared to the last quarter. In essence, while PRIVI SPECIALITY CHEMICALS LIMITED exhibits strong annual growth indicators, short-term improvements suggest the potential for recovery and the importance of strategic adjustments to counter market challenges effectively. That’s all for now in the financial sector.