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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 10.85 % in the past year, substantial increase in net sales/revenue by 17.52 %.
- 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 98.83 %. Marginal increase in other income during this quarter, up by 67.54%.
- Profit over the Year and quarter: Significant improvement in profitability for Power Mech Projects Limited. Notable increase of 13.18 % in net profit Year to Year, Power Mech Projects Limited’s profitability increased by 36.04 % in this quarter.
- EPS over the Year and quarter: EPS increased by 5.97 % Year to Year. EPS increased by 35.41 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 1174.104 Cr | Rs. 1107.498 Cr | Rs. 1301.53 Cr | + 17.52 % | + 10.85 % |
Expenses | Rs. 1043.3 Cr | Rs. 973.65 Cr | Rs. 1151.92 Cr | + 18.31 % | + 10.41 % |
Operating Profit | Rs. 130.8 Cr | Rs. 133.85 Cr | Rs. 149.61 Cr | + 11.77 % | + 14.38 % |
OPM % | 11.14 % | 12.09 % | 11.49 % | -0.6 % | + 0.35 % |
Other Income | Rs. 5.14 Cr | Rs. 6.1 Cr | Rs. 10.22 Cr | + 67.54 % | + 98.83 % |
Interest | Rs. 23.53 Cr | Rs. 22.88 Cr | Rs. 25.68 Cr | + 12.24 % | + 9.14 % |
Depreciation | Rs. 12.66 Cr | Rs. 11.73 Cr | Rs. 12.09 Cr | + 3.07 % | -4.5 % |
Profit before tax | Rs. 99.75 Cr | Rs. 105.34 Cr | Rs. 122.06 Cr | + 15.87 % | + 22.37 % |
Tax % | 24.27 % | 40.58 % | 30.82 % | -9.76 % | + 6.55 % |
Net Profit | Rs. 74.58 Cr | Rs. 62.05 Cr | Rs. 84.41 Cr | + 36.04 % | + 13.18 % |
EPS in Rs | Rs. 50.45 | Rs. 39.48 | Rs. 53.46 | + 35.41 % | + 5.97 % |
Today, we’re looking at Power Mech Projects 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 10.85 %. However, it did see a marginal increase of 17.52 % from the previous quarter. Expenses ticked up slightly by 18.31 % quarter-on-quarter, aligning with the annual rise of 10.41 %. Operating profit, while up 14.38 % compared to last year, faced a quarter-on-quarter increase of 11.77 %, 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 0.35 %, but a shrinkage of -0.6 % sequentially. Other income rose by 67.54 % compared to the last quarter, despite an annual growth of 98.83 %. Interest expenses surged remarkably by 12.24 % from the previous quarter, yet the year-over-year increase remains at a moderate 9.14 %. Depreciation costs climbed by 3.07 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -4.5 %. Profit before tax grew annually by 22.37 % but saw an increase from the preceding quarter by 15.87 %.
Tax expenses as a percentage of profits increased slightly by 6.55 % compared to last year, with a more notable quarter-on-quarter decrease of -9.76 %. Net profit rose by 13.18 % year-on-year but experienced a 36.04 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 5.97 % but a quarterly rise of 35.41 %. In summary, Power Mech Projects 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. 1174.104 Cr | Rs. 1107.498 Cr | Rs. 1301.53 Cr | + 17.52 % | + 10.85 % |
Expenses | Rs. 1043.3 Cr | Rs. 973.65 Cr | Rs. 1151.92 Cr | + 18.31 % | + 10.41 % |
Operating Profit | Rs. 130.8 Cr | Rs. 133.85 Cr | Rs. 149.61 Cr | + 11.77 % | + 14.38 % |
Net Profit | Rs. 74.58 Cr | Rs. 62.05 Cr | Rs. 84.41 Cr | + 36.04 % | + 13.18 % |
EPS in Rs | Rs. 50.45 | Rs. 39.48 | Rs. 53.46 | + 35.41 % | + 5.97 % |
In reviewing Power Mech Projects Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 10.85 % year-on-year growth, however, there was a minor increase of 17.52 % from the previous quarter. Expenses rose by 10.41 % compared to the previous year, with a 18.31 % increase quarter-on-quarter. Operating Profit surged by 14.38 % annually, and saw a 11.77 % increase from the last quarter.
Net Profit showed yearly increase of 13.18 %, and experienced a 36.04 % increase from the previous quarter. Earnings Per Share (EPS) rose by 5.97 % annually, however rose by 35.41 % compared to the last quarter. In essence, while Power Mech Projects Limited 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.