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Patel Integrated Logistics Ltd’s Quarterly Result and Earnings Report for Q4(Mar 2024) : Sales increased by 33.86 % in YoY and increased by 11.78 % in QoQ

May 10, 2024May 10, 2024| adminadmin| 0 Comments| 3:45 pm
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Highlights

  • Sales over the Year and quarter: The company experienced a substantial growth of 33.86 % in the past year, substantial increase in net sales/revenue by 11.78 %.
  • Income over the Year and quarter: There has been decline in other income over the past year which is -43.16 %, Marginal decrease of -21.74% in other income during this quarter.
  • Profit over the Year and quarter: Significant improvement in profitability for Patel Integrated Logistics Ltd. Notable increase of 21.57 % in net profit Year to Year, Patel Integrated Logistics Ltd’s profitability increased by 11.8 % in this quarter.
  • EPS over the Year and quarter: EPS declined by -18.75 % Year to Year. EPS increased by 13.04 % in previous quarter. Positive impact on shareholders.

The comprehensive analytics outlining the performance and outlook of Patel Integrated Logistics Ltd”s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 64.132 Cr Rs. 76.806 Cr Rs. 85.85 Cr + 11.78 % + 33.86 %
Expenses Rs. 62.58 Cr Rs. 74.73 Cr Rs. 83.07 Cr + 11.16 % + 32.74 %
Operating Profit Rs. 1.55 Cr Rs. 2.08 Cr Rs. 2.78 Cr + 33.65 % + 79.35 %
OPM % 2.42 % 2.71 % 3.24 % + 0.53 % + 0.82 %
Other Income Rs. 0.95 Cr Rs. 0.69 Cr Rs. 0.54 Cr -21.74 % -43.16 %
Interest Rs. 0.71 Cr Rs. 0.57 Cr Rs. 0.82 Cr + 43.86 % + 15.49 %
Depreciation Rs. 0.7 Cr Rs. 0.7 Cr Rs. 0.7 Cr + 0 % + 0 %
Profit before tax Rs. 1.09 Cr Rs. 1.5 Cr Rs. 1.8 Cr + 20 % + 65.14 %
Tax % 24.73 % 0.53 % 7.23 % + 6.7 % -17.5 %
Net Profit Rs. 1.37 Cr Rs. 1.49 Cr Rs. 1.67 Cr + 12.08 % + 21.9 %
EPS in Rs Rs. 0.32 Rs. 0.23 Rs. 0.26 + 13.04 % -18.75 %


Today, we’re looking at Patel Integrated Logistics 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 33.86 %. However, it did see a marginal increase of 11.78 % from the previous quarter. Expenses ticked up slightly by 11.16 % quarter-on-quarter, aligning with the annual rise of 32.74 %. Operating profit, while up 79.35 % compared to last year, faced a quarter-on-quarter increase of 33.65 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 0.82 %, but an expansion of 0.53 % sequentially. Other income fell by -21.74 % compared to the last quarter, despite an annual decline of -43.16 %. Interest expenses surged remarkably by 43.86 % from the previous quarter, yet the year-over-year increase remains at a moderate 15.49 %. 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 65.14 % but saw an increase from the preceding quarter by 20 %.
Tax expenses as a percentage of profits decreased slightly by -17.5 % compared to last year, with a more notable quarter-on-quarter increase of 6.7 %. Net profit rose by 21.9 % year-on-year but experienced a 12.08 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -18.75 % but a quarterly rise of 13.04 %. In summary, Patel Integrated Logistics 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. 64.132 Cr Rs. 76.806 Cr Rs. 85.85 Cr + 11.78 % + 33.86 %
Expenses Rs. 62.58 Cr Rs. 74.73 Cr Rs. 83.07 Cr + 11.16 % + 32.74 %
Operating Profit Rs. 1.55 Cr Rs. 2.08 Cr Rs. 2.78 Cr + 33.65 % + 79.35 %
Net Profit Rs. 1.37 Cr Rs. 1.49 Cr Rs. 1.67 Cr + 12.08 % + 21.9 %
EPS in Rs Rs. 0.32 Rs. 0.23 Rs. 0.26 + 13.04 % -18.75 %


In reviewing Patel Integrated Logistics Ltd’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 33.86 % year-on-year growth, however, there was a minor increase of 11.78 % from the previous quarter. Expenses rose by 32.74 % compared to the previous year, with a 11.16 % increase quarter-on-quarter. Operating Profit surged by 79.35 % annually, and saw a 33.65 % increase from the last quarter.
Net Profit showed yearly increase of 21.9 %, and experienced a 12.08 % increase from the previous quarter. Earnings Per Share (EPS) fell by -18.75 % annually, however rose by 13.04 % compared to the last quarter. In essence, while Patel Integrated Logistics Ltd exhibits strong annual growth 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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