Share the post "Panyam Cements & Mineral Inds ‘s Q1 Report: Profit Decreases by 45.92% YoY"
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 114.81 % in the past year, decrease in net sales/revenue by -19.22 %.
- 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 147.37 %. Marginal decrease of -95.14% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Panyam Cements & Mineral Inds. Ltd.. Notable increase of 45.92 % in net profit Year to Year, Panyam Cements & Mineral Inds. Ltd.’s profitability increased by 16.55 % in this quarter.
- EPS over the Year and quarter: EPS declined by -245.98 % Year to Year. EPS increased by 16.57 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 14.783 Cr | Rs. 39.311 Cr | Rs. 31.755 Cr | -19.22 % | + 114.81 % |
| Expenses | Rs. 23.94 Cr | Rs. 46.95 Cr | Rs. 42.56 Cr | -9.35 % | + 77.78 % |
| Operating Profit | Rs. -9.16 Cr | Rs. -7.64 Cr | Rs. -10.81 Cr | -41.49 % | -18.01 % |
| OPM % | -61.96 % | -19.43 % | -34.04 % | -14.61 % | + 27.92 % |
| Other Income | Rs. 0.095 Cr | Rs. 4.837 Cr | Rs. 0.235 Cr | -95.14 % | + 147.37 % |
| Interest | Rs. 0.07 Cr | Rs. 8.05 Cr | Rs. 3.47 Cr | -56.89 % | + 4857.14 % |
| Depreciation | Rs. 3.24 Cr | Rs. 4.64 Cr | Rs. 4.01 Cr | -13.58 % | + 23.77 % |
| Profit before tax | Rs. -12.38 Cr | Rs. -15.49 Cr | Rs. -18.06 Cr | -16.59 % | -45.88 % |
| Tax % | -0 % | -0 % | -0 % | 0 % | 0 % |
| Net Profit | Rs. -12.37 Cr | Rs. -15.49 Cr | Rs. -18.05 Cr | -16.53 % | -45.92 % |
| EPS in Rs | Rs. -15.42 | Rs. -19.31 | Rs. -22.51 | -16.57 % | -45.98 % |
Today, we’re looking at Panyam Cements & Mineral Inds. Ltd.’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 114.81 %. However, it did see a marginal slip of -19.22 % from the previous quarter. Expenses decreased slightly by -9.35 % quarter-on-quarter, aligning with the annual rise of 77.78 %. Operating profit, while down -18.01 % compared to last year, faced a quarter-on-quarter dip of -41.49 %, 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 27.92 %, but a shrinkage of -14.61 % sequentially. Other income fell by -95.14 % compared to the last quarter, despite an annual growth of 147.37 %. Interest expenses dropped significantly by -56.89 % from the previous quarter, yet the year-over-year increase remains at a moderate 4857.14 %. Depreciation costs fell by -13.58 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 23.77 %. Profit before tax declined annually by -45.88 % but saw a reduction from the preceding quarter by -16.59 %.
Net profit fell by -45.92 % year-on-year but witnessed a -16.53 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -45.98 % but a quarterly fall of -16.57 %. In summary, Panyam Cements & Mineral Inds. 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. 14.783 Cr | Rs. 39.311 Cr | Rs. 31.755 Cr | -19.22 % | + 114.81 % |
| Expenses | Rs. 23.94 Cr | Rs. 46.95 Cr | Rs. 42.56 Cr | -9.35 % | + 77.78 % |
| Operating Profit | Rs. -9.16 Cr | Rs. -7.64 Cr | Rs. -10.81 Cr | -41.49 % | -18.01 % |
| Net Profit | Rs. -12.37 Cr | Rs. -15.49 Cr | Rs. -18.05 Cr | -16.53 % | -45.92 % |
| EPS in Rs | Rs. -15.42 | Rs. -19.31 | Rs. -22.51 | -16.57 % | -45.98 % |
In reviewing Panyam Cements & Mineral Inds. Ltd.’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 114.81 % year-on-year growth, although there was a slight dip of -19.22 % from the previous quarter. Expenses rose by 77.78 % compared to the previous year, with a decrease of -9.35 % quarter-on-quarter. Operating Profit dropped by -18.01 % annually, and saw a -41.49 % decrease from the last quarter.
Net Profit showed yearly decrease of -45.92 %, and experienced a -16.53 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -45.98 % annually, however dipped by -16.57 % compared to the last quarter. In essence, while Panyam Cements & Mineral Inds. 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.
[my_shortcode1]
