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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 21.37 % in the past year, decrease in net sales/revenue by -28.52 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -1.79 %, Marginal increase in other income during this quarter, up by 125.82%.
- Profit over the Year and quarter: Challenges in sustaining profitability for PANABYTE TECHNOLOGIES LIMITED. Profit dropped by -107.55 % Year to Year, PANABYTE TECHNOLOGIES LIMITED’s profitability dropped by -81.61 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -108.33 % Year to Year. EPS decreased by -80 % 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. 0.791 Cr | Rs. 1.343 Cr | Rs. 0.96 Cr | -28.52 % | + 21.37 % |
| Expenses | Rs. 0.99 Cr | Rs. 0.92 Cr | Rs. 0.89 Cr | -3.26 % | -10.1 % |
| Operating Profit | Rs. -0.2 Cr | Rs. 0.42 Cr | Rs. 0.07 Cr | -83.33 % | + 135 % |
| OPM % | -25.28 % | 31.27 % | 7.29 % | -23.98 % | + 32.57 % |
| Other Income | Rs. 0.056 Cr | Rs. -0.213 Cr | Rs. 0.055 Cr | + 125.82 % | -1.79 % |
| Interest | Rs. 0.11 Cr | Rs. 0.1 Cr | Rs. 0.08 Cr | -20 % | -27.27 % |
| Depreciation | Rs. 0.03 Cr | Rs. 0.03 Cr | Rs. 0.03 Cr | + 0 % | + 0 % |
| Profit before tax | Rs. -0.28 Cr | Rs. 0.08 Cr | Rs. 0.02 Cr | -75 % | + 107.14 % |
| Tax % | -25.09 % | 7.41 % | 23.08 % | + 15.67 % | + 48.17 % |
| Net Profit | Rs. -0.21 Cr | Rs. 0.09 Cr | Rs. 0.02 Cr | -77.78 % | + 109.52 % |
| EPS in Rs | Rs. -0.48 | Rs. 0.2 | Rs. 0.04 | -80 % | + 108.33 % |
Today, we’re looking at PANABYTE TECHNOLOGIES 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 21.37 %. However, it did see a marginal slip of -28.52 % from the previous quarter. Expenses decreased slightly by -3.26 % quarter-on-quarter, aligning with the annual decline of -10.1 %. Operating profit, while up 135 % compared to last year, faced a quarter-on-quarter dip of -83.33 %, 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 32.57 %, but a shrinkage of -23.98 % sequentially. Other income rose by 125.82 % compared to the last quarter, despite an annual decline of -1.79 %. Interest expenses dropped significantly by -20 % from the previous quarter, yet the year-over-year decrease remains at a moderate -27.27 %. Depreciation costs climbed by 0 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0 %. Profit before tax grew annually by 107.14 % but saw a reduction from the preceding quarter by -75 %.
Tax expenses as a percentage of profits increased slightly by 48.17 % compared to last year, with a more notable quarter-on-quarter increase of 15.67 %. Net profit rose by 109.52 % year-on-year but witnessed a -77.78 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 108.33 % but a quarterly fall of -80 %. In summary, PANABYTE TECHNOLOGIES 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. 0.791 Cr | Rs. 1.343 Cr | Rs. 0.96 Cr | -28.52 % | + 21.37 % |
| Expenses | Rs. 0.99 Cr | Rs. 0.92 Cr | Rs. 0.89 Cr | -3.26 % | -10.1 % |
| Operating Profit | Rs. -0.2 Cr | Rs. 0.42 Cr | Rs. 0.07 Cr | -83.33 % | + 135 % |
| Net Profit | Rs. -0.21 Cr | Rs. 0.09 Cr | Rs. 0.02 Cr | -77.78 % | + 109.52 % |
| EPS in Rs | Rs. -0.48 | Rs. 0.2 | Rs. 0.04 | -80 % | + 108.33 % |
In reviewing PANABYTE TECHNOLOGIES LIMITED’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 21.37 % year-on-year growth, although there was a slight dip of -28.52 % from the previous quarter. Expenses decreased by -10.1 % compared to the previous year, with a decrease of -3.26 % quarter-on-quarter. Operating Profit surged by 135 % annually, and saw a -83.33 % decrease from the last quarter.
Net Profit showed yearly increase of 109.52 %, and experienced a -77.78 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 108.33 % annually, however dipped by -80 % compared to the last quarter. In essence, while PANABYTE TECHNOLOGIES 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.
0
3-Year Profit
13
5-Year Profit
0
10-Year Profit
37.5
Current Price
18.7
Market Cap
The financial outlook for the company under BSE code 530537 reveals a significant five-year profit of 13 units. This marks a notable increase to 0 units over the last three years, indicating a strong upward trend in the company's financial health during this period. However, it's important to note that recent challenges have impacted the company's performance, leading to a trailing twelve-month loss of 371 units. This sharp decline in profitability is particularly concerning, as the company has also reported no sales across any analyzed timeframe, suggesting a highly unconventional and perhaps risky operational approach. The company's stock prices mirror this financial volatility, with the stock trading at 0 units over the past five years but experiencing a dramatic drop to 122 units within the last year. Over a decade, the stock price was at 13 units, reflecting long-term concerns regarding the company's stability and future outlook. Such performance poses questions about the sustainability of the business and whether it can rebound from these recent setbacks.
The company currently holds a market cap of ₹18.7 crore, with its stock trading at ₹37.5. Historically, the stock has fluctuated between ₹43.4 / 17.8, reflecting its performance in response to market dynamics and various economic factors. The company's Price-to-Earnings (P/E) ratio stands at , indicating that the stock is perceived as highly valued by the market, possibly driven by expectations of future earnings growth. The book value per share is ₹-1.22, which offers insight into the company's intrinsic worth, while its dividend yield of 0.00% provides a steady return for long-term investors. Return on Capital Employed (ROCE) is -0.86%, showcasing the company’s ability to generate profits from its capital investments. Return on Equity (ROE) is %, highlighting how efficiently the company uses shareholder funds to generate profits. The debt-to-equity ratio is very low at , which is a positive indicator of financial stability. However, the company’s net cash flow of ₹0.02 crore raises concerns about its liquidity position. The Piotroski score of 4.00 reflects the company’s overall financial health, while the Graham Number of ₹ suggests the stock's intrinsic value. Despite these factors, the Price-to-Book (P/B) ratio of indicates that the stock is trading at a premium to its book value, which might imply market optimism about the company's future growth prospects.
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