Share the post "Punjab Chemicals and Crop Protection Ltd.’s Quarterly Result and Earnings Report for Q4(Mar 2024) : Sales increased by 0.75 % in YoY and decreased by 7.94 % in QoQ"
Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 0.75 % in the past year, decrease in net sales/revenue by -7.94 %.
- 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 20 %. Marginal decrease of -28.44% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Punjab Chemicals and Crop Protection Ltd.. Notable increase of 11.22 % in net profit Year to Year, Punjab Chemicals and Crop Protection Ltd.’s profitability dropped by -72.15 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 11.25 % Year to Year. EPS decreased by -72.13 % 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. 194.64 Cr | Rs. 213.02 Cr | Rs. 196.1 Cr | -7.94 % | + 0.75 % |
Expenses | Rs. 173.65 Cr | Rs. 187.77 Cr | Rs. 182.28 Cr | -2.92 % | + 4.97 % |
Operating Profit | Rs. 20.99 Cr | Rs. 25.25 Cr | Rs. 13.82 Cr | -45.27 % | -34.16 % |
OPM % | 10.78 % | 11.85 % | 7.05 % | -4.8 % | -3.73 % |
Other Income | Rs. 0.65 Cr | Rs. 1.09 Cr | Rs. 0.78 Cr | -28.44 % | + 20 % |
Interest | Rs. 6.47 Cr | Rs. 5 Cr | Rs. 4.17 Cr | -16.6 % | -35.55 % |
Depreciation | Rs. 4.96 Cr | Rs. 5.47 Cr | Rs. 6.03 Cr | + 10.24 % | + 21.57 % |
Profit before tax | Rs. 10.21 Cr | Rs. 15.87 Cr | Rs. 4.4 Cr | -72.27 % | -56.9 % |
Tax % | 71.2 % | 26.02 % | 25.68 % | -0.34 % | -45.52 % |
Net Profit | Rs. 2.94 Cr | Rs. 11.74 Cr | Rs. 3.27 Cr | -72.15 % | + 11.22 % |
EPS in Rs | Rs. 2.4 | Rs. 9.58 | Rs. 2.67 | -72.13 % | + 11.25 % |
Today, we’re looking at Punjab Chemicals and Crop Protection Ltd.’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 0.75 %. However, it did see a marginal slip of -7.94 % from the previous quarter. Expenses decreased slightly by -2.92 % quarter-on-quarter, aligning with the annual rise of 4.97 %. Operating profit, while down -34.16 % compared to last year, faced a quarter-on-quarter dip of -45.27 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -3.73 %, but a shrinkage of -4.8 % sequentially. Other income fell by -28.44 % compared to the last quarter, despite an annual growth of 20 %. Interest expenses dropped significantly by -16.6 % from the previous quarter, yet the year-over-year decrease remains at a moderate -35.55 %. Depreciation costs climbed by 10.24 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 21.57 %. Profit before tax declined annually by -56.9 % but saw a reduction from the preceding quarter by -72.27 %.
Tax expenses as a percentage of profits decreased slightly by -45.52 % compared to last year, with a more notable quarter-on-quarter decrease of -0.34 %. Net profit rose by 11.22 % year-on-year but witnessed a -72.15 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 11.25 % but a quarterly fall of -72.13 %. In summary, Punjab Chemicals and Crop Protection 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. 194.64 Cr | Rs. 213.02 Cr | Rs. 196.1 Cr | -7.94 % | + 0.75 % |
Expenses | Rs. 173.65 Cr | Rs. 187.77 Cr | Rs. 182.28 Cr | -2.92 % | + 4.97 % |
Operating Profit | Rs. 20.99 Cr | Rs. 25.25 Cr | Rs. 13.82 Cr | -45.27 % | -34.16 % |
Net Profit | Rs. 2.94 Cr | Rs. 11.74 Cr | Rs. 3.27 Cr | -72.15 % | + 11.22 % |
EPS in Rs | Rs. 2.4 | Rs. 9.58 | Rs. 2.67 | -72.13 % | + 11.25 % |
In reviewing Punjab Chemicals and Crop Protection Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 0.75 % year-on-year growth, although there was a slight dip of -7.94 % from the previous quarter. Expenses rose by 4.97 % compared to the previous year, with a decrease of -2.92 % quarter-on-quarter. Operating Profit dropped by -34.16 % annually, and saw a -45.27 % decrease from the last quarter.
Net Profit showed yearly increase of 11.22 %, and experienced a -72.15 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 11.25 % annually, however dipped by -72.13 % compared to the last quarter. In essence, while Punjab Chemicals and Crop Protection Ltd. 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.