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Highlights
- Sales over the Year and quarter: The company’s sales declined by -38.45 % over the year, decrease in net sales/revenue by -13.58 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -55.51 %, Marginal increase in other income during this quarter, up by 261.46%.
- Profit over the Year and quarter: Significant improvement in profitability for Paradeep Phosphates Limited. Notable increase of 115.43 % in net profit Year to Year, Paradeep Phosphates Limited’s profitability dropped by -80.26 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 44.44 % Year to Year. EPS decreased by -80.45 % 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. 3643.94 Cr | Rs. 2595.03 Cr | Rs. 2242.74 Cr | -13.58 % | -38.45 % |
| Expenses | Rs. 3553.33 Cr | Rs. 2312.54 Cr | Rs. 2094.65 Cr | -9.42 % | -41.05 % |
| Operating Profit | Rs. 90.61 Cr | Rs. 282.49 Cr | Rs. 148.09 Cr | -47.58 % | + 63.44 % |
| OPM % | 2.49 % | 10.89 % | 6.6 % | -4.29 % | + 4.11 % |
| Other Income | Rs. 70.19 Cr | Rs. 8.64 Cr | Rs. 31.23 Cr | + 261.46 % | -55.51 % |
| Interest | Rs. 79.76 Cr | Rs. 82.46 Cr | Rs. 95.27 Cr | + 15.53 % | + 19.45 % |
| Depreciation | Rs. 50.47 Cr | Rs. 55.16 Cr | Rs. 57.81 Cr | + 4.8 % | + 14.54 % |
| Profit before tax | Rs. 30.57 Cr | Rs. 153.51 Cr | Rs. 26.24 Cr | -82.91 % | -14.16 % |
| Tax % | 68.5 % | 29.05 % | 18.93 % | -10.12 % | -49.57 % |
| Net Profit | Rs. 9.98 Cr | Rs. 108.92 Cr | Rs. 21.5 Cr | -80.26 % | + 115.43 % |
| EPS in Rs | Rs. 0.18 | Rs. 1.33 | Rs. 0.26 | -80.45 % | + 44.44 % |
Today, we’re looking at Paradeep Phosphates Limited’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -38.45 %. However, it did see a marginal slip of -13.58 % from the previous quarter. Expenses decreased slightly by -9.42 % quarter-on-quarter, aligning with the annual decline of -41.05 %. Operating profit, while up 63.44 % compared to last year, faced a quarter-on-quarter dip of -47.58 %, 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 4.11 %, but a shrinkage of -4.29 % sequentially. Other income rose by 261.46 % compared to the last quarter, despite an annual decline of -55.51 %. Interest expenses surged remarkably by 15.53 % from the previous quarter, yet the year-over-year increase remains at a moderate 19.45 %. Depreciation costs climbed by 4.8 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 14.54 %. Profit before tax declined annually by -14.16 % but saw a reduction from the preceding quarter by -82.91 %.
Tax expenses as a percentage of profits decreased slightly by -49.57 % compared to last year, with a more notable quarter-on-quarter decrease of -10.12 %. Net profit rose by 115.43 % year-on-year but witnessed a -80.26 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 44.44 % but a quarterly fall of -80.45 %. In summary, Paradeep Phosphates 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. 3643.94 Cr | Rs. 2595.03 Cr | Rs. 2242.74 Cr | -13.58 % | -38.45 % |
| Expenses | Rs. 3553.33 Cr | Rs. 2312.54 Cr | Rs. 2094.65 Cr | -9.42 % | -41.05 % |
| Operating Profit | Rs. 90.61 Cr | Rs. 282.49 Cr | Rs. 148.09 Cr | -47.58 % | + 63.44 % |
| Net Profit | Rs. 9.98 Cr | Rs. 108.92 Cr | Rs. 21.5 Cr | -80.26 % | + 115.43 % |
| EPS in Rs | Rs. 0.18 | Rs. 1.33 | Rs. 0.26 | -80.45 % | + 44.44 % |
In reviewing Paradeep Phosphates Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -38.45 % year-on-year, although there was a slight dip of -13.58 % from the previous quarter. Expenses decreased by -41.05 % compared to the previous year, with a decrease of -9.42 % quarter-on-quarter. Operating Profit surged by 63.44 % annually, and saw a -47.58 % decrease from the last quarter.
Net Profit showed yearly increase of 115.43 %, and experienced a -80.26 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 44.44 % annually, however dipped by -80.45 % compared to the last quarter. In essence, while Paradeep Phosphates Limited 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.
