Share the post "Piramal Enterprises : Q4 2024 Quarterly Earnings: YoY Sales Up 78.2 %, QoQ Up 136.23 %"
Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 78.2 % in the past year, substantial increase in net sales/revenue by 136.23 %.
- 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 132.33 %. Marginal increase in other income during this quarter, up by 28.54%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Piramal Enterprises Limited. Profit dropped by -13.06 % Year to Year, Piramal Enterprises Limited’s profitability increased by 184.41 % in this quarter.
- EPS over the Year and quarter: EPS declined by -83.89 % Year to Year. EPS decreased by -47.28 % 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. 1387.937 Cr | Rs. 1046.971 Cr | Rs. 2473.29 Cr | + 136.23 % | + 78.2 % |
Expenses | Rs. 1101.14 Cr | Rs. 991.09 Cr | Rs. 2839.88 Cr | + 186.54 % | + 157.9 % |
Operating Profit | Rs. 286.8 Cr | Rs. 55.88 Cr | Rs. -366.59 Cr | -756.03 % | -227.82 % |
OPM % | 20.66 % | 5.34 % | -14.82 % | -20.16 % | -35.48 % |
Other Income | Rs. 18.96 Cr | Rs. 34.27 Cr | Rs. 44.05 Cr | + 28.54 % | + 132.33 % |
Interest | Rs. 12.21 Cr | Rs. 7.52 Cr | Rs. 1167.05 Cr | + 15419.28 % | + 9458.15 % |
Depreciation | Rs. 16.04 Cr | Rs. 15.78 Cr | Rs. 712.11 Cr | + 4412.74 % | + 4339.59 % |
Profit before tax | Rs. 277.51 Cr | Rs. 66.85 Cr | Rs. -2201.7 Cr | -3393.49 % | -893.38 % |
Tax % | 43.18 % | 27.9 % | -121.97 % | -149.87 % | -165.15 % |
Net Profit | Rs. 157.69 Cr | Rs. 48.2 Cr | Rs. 137.09 Cr | + 184.42 % | -13.06 % |
EPS in Rs | Rs. 37.87 | Rs. 11.57 | Rs. 6.1 | -47.28 % | -83.89 % |
Today, we’re looking at Piramal Enterprises Limited’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 78.2 %. However, it did see a marginal increase of 136.23 % from the previous quarter. Expenses ticked up slightly by 186.54 % quarter-on-quarter, aligning with the annual rise of 157.9 %. Operating profit, while down -227.82 % compared to last year, faced a quarter-on-quarter dip of -756.03 %, 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 -35.48 %, but a shrinkage of -20.16 % sequentially. Other income rose by 28.54 % compared to the last quarter, despite an annual growth of 132.33 %. Interest expenses surged remarkably by 15419.28 % from the previous quarter, yet the year-over-year increase remains at a moderate 9458.15 %. Depreciation costs climbed by 4412.74 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 4339.59 %. Profit before tax declined annually by -893.38 % but saw a reduction from the preceding quarter by -3393.49 %.
Tax expenses as a percentage of profits decreased slightly by -165.15 % compared to last year, with a more notable quarter-on-quarter decrease of -149.87 %. Net profit fell by -13.06 % year-on-year but experienced a 184.42 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -83.89 % but a quarterly fall of -47.28 %. In summary, Piramal Enterprises Limited’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. 1387.937 Cr | Rs. 1046.971 Cr | Rs. 2473.29 Cr | + 136.23 % | + 78.2 % |
Expenses | Rs. 1101.14 Cr | Rs. 991.09 Cr | Rs. 2839.88 Cr | + 186.54 % | + 157.9 % |
Operating Profit | Rs. 286.8 Cr | Rs. 55.88 Cr | Rs. -366.59 Cr | -756.03 % | -227.82 % |
Net Profit | Rs. 157.69 Cr | Rs. 48.2 Cr | Rs. 137.09 Cr | + 184.42 % | -13.06 % |
EPS in Rs | Rs. 37.87 | Rs. 11.57 | Rs. 6.1 | -47.28 % | -83.89 % |
In reviewing Piramal Enterprises Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 78.2 % year-on-year growth, however, there was a minor increase of 136.23 % from the previous quarter. Expenses rose by 157.9 % compared to the previous year, with a 186.54 % increase quarter-on-quarter. Operating Profit dropped by -227.82 % annually, and saw a -756.03 % decrease from the last quarter.
Net Profit showed yearly decrease of -13.06 %, and experienced a 184.42 % increase from the previous quarter. Earnings Per Share (EPS) fell by -83.89 % annually, however dipped by -47.28 % compared to the last quarter. In essence, while Piramal Enterprises Limited 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.