Share the post "PNC Infratech : Q4 2024 Financial Quarterly Report : YoY Sales Up 12.81 %, QoQ Up 27.04 %"
Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 12.81 % in the past year, substantial increase in net sales/revenue by 27.04 %.
- 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 1.31 %. Marginal increase in other income during this quarter, up by 45.28%.
- Profit over the Year and quarter: Significant improvement in profitability for PNC Infratech Limited. Notable increase of 171.19 % in net profit Year to Year, PNC Infratech Limited’s profitability increased by 114 % in this quarter.
- EPS over the Year and quarter: EPS increased by 171.18 % Year to Year. EPS increased by 114.01 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 2304.854 Cr | Rs. 2046.643 Cr | Rs. 2600.15 Cr | + 27.04 % | + 12.81 % |
| Expenses | Rs. 1894.25 Cr | Rs. 1614.56 Cr | Rs. 1863.94 Cr | + 15.45 % | -1.6 % |
| Operating Profit | Rs. 410.6 Cr | Rs. 432.08 Cr | Rs. 736.21 Cr | + 70.39 % | + 79.3 % |
| OPM % | 17.81 % | 21.11 % | 28.31 % | + 7.2 % | + 10.5 % |
| Other Income | Rs. 23.69 Cr | Rs. 16.52 Cr | Rs. 24 Cr | + 45.28 % | + 1.31 % |
| Interest | Rs. 133.16 Cr | Rs. 169.25 Cr | Rs. 182.96 Cr | + 8.1 % | + 37.4 % |
| Depreciation | Rs. 56.82 Cr | Rs. 43.87 Cr | Rs. 44.35 Cr | + 1.09 % | -21.95 % |
| Profit before tax | Rs. 244.31 Cr | Rs. 235.48 Cr | Rs. 532.9 Cr | + 126.3 % | + 118.12 % |
| Tax % | 40.25 % | 21.44 % | 25.71 % | + 4.27 % | -14.54 % |
| Net Profit | Rs. 145.98 Cr | Rs. 185 Cr | Rs. 395.89 Cr | + 113.99 % | + 171.19 % |
| EPS in Rs | Rs. 5.69 | Rs. 7.21 | Rs. 15.43 | + 114.01 % | + 171.18 % |
Today, we’re looking at PNC Infratech 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 12.81 %. However, it did see a marginal increase of 27.04 % from the previous quarter. Expenses ticked up slightly by 15.45 % quarter-on-quarter, aligning with the annual decline of -1.6 %. Operating profit, while up 79.3 % compared to last year, faced a quarter-on-quarter increase of 70.39 %, 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 10.5 %, but an expansion of 7.2 % sequentially. Other income rose by 45.28 % compared to the last quarter, despite an annual growth of 1.31 %. Interest expenses surged remarkably by 8.1 % from the previous quarter, yet the year-over-year increase remains at a moderate 37.4 %. Depreciation costs climbed by 1.09 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -21.95 %. Profit before tax grew annually by 118.12 % but saw an increase from the preceding quarter by 126.3 %.
Tax expenses as a percentage of profits decreased slightly by -14.54 % compared to last year, with a more notable quarter-on-quarter increase of 4.27 %. Net profit rose by 171.19 % year-on-year but experienced a 113.99 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 171.18 % but a quarterly rise of 114.01 %. In summary, PNC Infratech 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. 2304.854 Cr | Rs. 2046.643 Cr | Rs. 2600.15 Cr | + 27.04 % | + 12.81 % |
| Expenses | Rs. 1894.25 Cr | Rs. 1614.56 Cr | Rs. 1863.94 Cr | + 15.45 % | -1.6 % |
| Operating Profit | Rs. 410.6 Cr | Rs. 432.08 Cr | Rs. 736.21 Cr | + 70.39 % | + 79.3 % |
| Net Profit | Rs. 145.98 Cr | Rs. 185 Cr | Rs. 395.89 Cr | + 113.99 % | + 171.19 % |
| EPS in Rs | Rs. 5.69 | Rs. 7.21 | Rs. 15.43 | + 114.01 % | + 171.18 % |
In reviewing PNC Infratech Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 12.81 % year-on-year growth, however, there was a minor increase of 27.04 % from the previous quarter. Expenses decreased by -1.6 % compared to the previous year, with a 15.45 % increase quarter-on-quarter. Operating Profit surged by 79.3 % annually, and saw a 70.39 % increase from the last quarter.
Net Profit showed yearly increase of 171.19 %, and experienced a 113.99 % increase from the previous quarter. Earnings Per Share (EPS) rose by 171.18 % annually, however rose by 114.01 % compared to the last quarter. In essence, while PNC Infratech 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.
34
3-Year Profit
23
5-Year Profit
28
10-Year Profit
435
Current Price
11,156
Market Cap
In analyzing the financial results for the company marked by BSE code 539150, a clear trend emerges. Over a five-year span, the company reported a profit of 23 percents, which increased to 34 percents in the most recent three-year period, suggesting a strong performance in the early stages of this timeframe. However, this success has been overshadowed by a trailing twelve-month (TTM) loss of 85 percents, signaling significant recent challenges. Compounding this issue is the fact that the company has not reported any sales during any of the timeframes analyzed, raising important questions about its operational model and the sustainability of its current strategies. Investors have been equally wary, as reflected in the stock price performance. The company’s stock traded at 19 percents over the past five years but has recently decreased to 15 percents, indicating a loss of market confidence. Over the last decade, the stock price was at 0 percents, pointing to longer-term concerns that could affect the company's future prospects.
The company currently holds a market cap of ₹11,156 crore, with its stock trading at ₹435. Historically, the stock has fluctuated between ₹575 / 310, reflecting its performance in response to market dynamics and various economic factors. The company's Price-to-Earnings (P/E) ratio stands at 8.56, indicating that the stock is perceived as highly valued by the market, possibly driven by expectations of future earnings growth. The book value per share is ₹202, which offers insight into the company's intrinsic worth, while its dividend yield of 0.14% provides a steady return for long-term investors. Return on Capital Employed (ROCE) is 15.8%, showcasing the company’s ability to generate profits from its capital investments. Return on Equity (ROE) is 18.8%, highlighting how efficiently the company uses shareholder funds to generate profits. The debt-to-equity ratio is very low at 1.55, which is a positive indicator of financial stability. However, the company’s net cash flow of ₹586 crore raises concerns about its liquidity position. The Piotroski score of 6.00 reflects the company’s overall financial health, while the Graham Number of ₹481 suggests the stock's intrinsic value. Despite these factors, the Price-to-Book (P/B) ratio of 2.14 indicates that the stock is trading at a premium to its book value, which might imply market optimism about the company's future growth prospects.
