Share the post "PRUDENTIAL SUGAR CORPORATION L’s Q1 Report: Profit Decreases by 19.16% YoY"
Highlights
- The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 373.83 % in the past year, decrease in net sales/revenue by -52.03 %.
- 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 34.46 %. Marginal increase in other income during this quarter, up by 112.51%.
- Profit over the Year and quarter: Challenges in sustaining profitability for PRUDENTIAL SUGAR CORPORATION L. Profit dropped by -19.07 % Year to Year, PRUDENTIAL SUGAR CORPORATION L’s profitability increased by 171.34 % in this quarter.
- EPS over the Year and quarter: EPS declined by -19.23 % Year to Year. EPS increased by 320 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 7.184 Cr | Rs. 70.959 Cr | Rs. 34.04 Cr | -52.03 % | + 373.83 % |
| Expenses | Rs. 6.9 Cr | Rs. 71 Cr | Rs. 34.3 Cr | -51.69 % | + 397.1 % |
| Operating Profit | Rs. 0.28 Cr | Rs. -0.04 Cr | Rs. -0.26 Cr | -550 % | -192.86 % |
| OPM % | 3.9 % | -0.06 % | -0.76 % | -0.7 % | -4.66 % |
| Other Income | Rs. 2.034 Cr | Rs. 1.287 Cr | Rs. 2.735 Cr | + 112.51 % | + 34.46 % |
| Interest | Rs. 0 Cr | Rs. 0.79 Cr | Rs. 0.61 Cr | -22.78 % | 0 % |
| Depreciation | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
| Profit before tax | Rs. 2.31 Cr | Rs. 0.46 Cr | Rs. 1.87 Cr | + 306.52 % | -19.05 % |
| Tax % | 27.83 % | 8.7 % | 27.4 % | + 18.7 % | -0.43 % |
| Net Profit | Rs. 1.67 Cr | Rs. 0.5 Cr | Rs. 1.35 Cr | + 170 % | -19.16 % |
| EPS in Rs | Rs. 0.52 | Rs. 0.1 | Rs. 0.41 | + 310 % | -21.15 % |
Today, we’re looking at PRUDENTIAL SUGAR CORPORATION L’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 373.83 %. However, it did see a marginal slip of -52.03 % from the previous quarter. Expenses decreased slightly by -51.69 % quarter-on-quarter, aligning with the annual rise of 397.1 %. Operating profit, while down -192.86 % compared to last year, faced a quarter-on-quarter dip of -550 %, 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 -4.66 %, but a shrinkage of -0.7 % sequentially. Other income rose by 112.51 % compared to the last quarter, despite an annual growth of 34.46 %. Interest expenses dropped significantly by -22.78 % from the previous quarter, Profit before tax declined annually by -19.05 % but saw an increase from the preceding quarter by 306.52 %.
Tax expenses as a percentage of profits decreased slightly by -0.43 % compared to last year, with a more notable quarter-on-quarter increase of 18.7 %. Net profit fell by -19.16 % year-on-year but experienced a 170 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -21.15 % but a quarterly rise of 310 %. In summary, PRUDENTIAL SUGAR CORPORATION L’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. 7.184 Cr | Rs. 70.959 Cr | Rs. 34.04 Cr | -52.03 % | + 373.83 % |
| Expenses | Rs. 6.9 Cr | Rs. 71 Cr | Rs. 34.3 Cr | -51.69 % | + 397.1 % |
| Operating Profit | Rs. 0.28 Cr | Rs. -0.04 Cr | Rs. -0.26 Cr | -550 % | -192.86 % |
| Net Profit | Rs. 1.67 Cr | Rs. 0.5 Cr | Rs. 1.35 Cr | + 170 % | -19.16 % |
| EPS in Rs | Rs. 0.52 | Rs. 0.1 | Rs. 0.41 | + 310 % | -21.15 % |
In reviewing PRUDENTIAL SUGAR CORPORATION L’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 373.83 % year-on-year growth, although there was a slight dip of -52.03 % from the previous quarter. Expenses rose by 397.1 % compared to the previous year, with a decrease of -51.69 % quarter-on-quarter. Operating Profit dropped by -192.86 % annually, and saw a -550 % decrease from the last quarter.
Net Profit showed yearly decrease of -19.16 %, and experienced a 170 % increase from the previous quarter. Earnings Per Share (EPS) fell by -21.15 % annually, however rose by 310 % compared to the last quarter. In essence, while PRUDENTIAL SUGAR CORPORATION L faces strong annual decline 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.
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3-Year Profit
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5-Year Profit
N/A
10-Year Profit
55.3
Current Price
198
Market Cap
The company has a market capitalization of ₹198 crore and is currently trading at a stock price of ₹55.3. Over time, the stock has fluctuated between the historical highs and lows of ₹55.3 / 19.0, reflecting the market's volatility. With a Price-to-Earnings (P/E) ratio of 31.1, the stock appears highly valued, indicating that investors are willing to pay a premium for its earnings potential. The company's book value per share stands at ₹28.6, showcasing the underlying asset value. Additionally, the dividend yield is 0.00%, suggesting that the company offers shareholders a moderate return on their investment in the form of dividends. The Return on Capital Employed (ROCE) is 8.15%, indicating the efficiency with which the company generates profit from its capital. Meanwhile, the Return on Equity (ROE) is 6.63%, highlighting the profitability relative to shareholder equity. Despite these figures, the company maintains a very low debt-to-equity ratio of 0.34, signaling minimal leverage. It also reports a net cash flow of ₹5.09 crore, reflecting the company's ability to generate cash. The Piotroski score is 6.00, a measure of the company's financial strength, while the Graham Number estimates the intrinsic value of the stock at ₹32.7. The Price-to-Book (P/B) ratio of 1.93 further suggests that the stock is trading at a premium relative to its book value, potentially reflecting positive market sentiment or expectations of future growth.
