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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’s sales declined by -48.67 % over the year, substantial increase in net sales/revenue by 3.36 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -35.67 %, Marginal decrease of -2.53% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Pankaj Polymers Ltd.. Profit dropped by -566.67 % Year to Year, Pankaj Polymers Ltd.’s profitability increased by 16.67 % in this quarter.
- EPS over the Year and quarter: EPS declined by -600.00 % Year to Year. EPS increased by 11.11 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 0.6 Cr | Rs. 0.298 Cr | Rs. 0.308 Cr | + 3.36 % | -48.67 % |
Expenses | Rs. 0.78 Cr | Rs. 0.47 Cr | Rs. 0.47 Cr | + 0 % | -39.74 % |
Operating Profit | Rs. -0.18 Cr | Rs. -0.17 Cr | Rs. -0.16 Cr | + 5.88 % | + 11.11 % |
OPM % | -30 % | -57.05 % | -51.95 % | + 5.1 % | -21.95 % |
Other Income | Rs. 0.3 Cr | Rs. 0.198 Cr | Rs. 0.193 Cr | -2.53 % | -35.67 % |
Interest | Rs. 0.08 Cr | Rs. 0.06 Cr | Rs. 0.06 Cr | + 0 % | -25 % |
Depreciation | Rs. 0.03 Cr | Rs. 0.03 Cr | Rs. 0.03 Cr | + 0 % | + 0 % |
Profit before tax | Rs. 0.01 Cr | Rs. -0.06 Cr | Rs. -0.06 Cr | + 0 % | -700 % |
Tax % | 0 % | -22.58 % | -3.45 % | + 19.13 % | -3.45 % |
Net Profit | Rs. 0.01 Cr | Rs. -0.05 Cr | Rs. -0.06 Cr | -20 % | -700 % |
EPS in Rs | Rs. 0.02 | Rs. -0.09 | Rs. -0.1 | -11.11 % | -600 % |
Today, we’re looking at Pankaj Polymers Ltd.’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -48.67 %. However, it did see a marginal increase of 3.36 % from the previous quarter. Expenses ticked up slightly by 0 % quarter-on-quarter, aligning with the annual decline of -39.74 %. Operating profit, while up 11.11 % compared to last year, faced a quarter-on-quarter increase of 5.88 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -21.95 %, but an expansion of 5.1 % sequentially. Other income fell by -2.53 % compared to the last quarter, despite an annual decline of -35.67 %. Interest expenses surged remarkably by 0 % from the previous quarter, yet the year-over-year decrease remains at a moderate -25 %. Depreciation costs climbed by 0 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0 %. Profit before tax declined annually by -700 % but saw an increase from the preceding quarter by 0 %.
Tax expenses as a percentage of profits decreased slightly by -3.45 % compared to last year, with a more notable quarter-on-quarter increase of 19.13 %. Net profit fell by -700 % year-on-year but witnessed a -20 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -600 % but a quarterly fall of -11.11 %. In summary, Pankaj 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. 0.6 Cr | Rs. 0.298 Cr | Rs. 0.308 Cr | + 3.36 % | -48.67 % |
Expenses | Rs. 0.78 Cr | Rs. 0.47 Cr | Rs. 0.47 Cr | + 0 % | -39.74 % |
Operating Profit | Rs. -0.18 Cr | Rs. -0.17 Cr | Rs. -0.16 Cr | + 5.88 % | + 11.11 % |
Net Profit | Rs. 0.01 Cr | Rs. -0.05 Cr | Rs. -0.06 Cr | -20 % | -700 % |
EPS in Rs | Rs. 0.02 | Rs. -0.09 | Rs. -0.1 | -11.11 % | -600 % |
In reviewing Pankaj Polymers Ltd.’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -48.67 % year-on-year, however, there was a minor increase of 3.36 % from the previous quarter. Expenses decreased by -39.74 % compared to the previous year, with a 0 % increase quarter-on-quarter. Operating Profit surged by 11.11 % annually, and saw a 5.88 % increase from the last quarter.
Net Profit showed yearly decrease of -700 %, and experienced a -20 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -600 % annually, however dipped by -11.11 % compared to the last quarter. In essence, while Pankaj Polymers Ltd. faces strong annual decline indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.