Deep Polymers announced Financial Results Q1 2024-25

The comprehensive analytics outlining the performance and outlook of Deep Polymers Limited‘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.

Today, we’re looking at Deep Polymers Limited’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -6.95 %. However, it did see a marginal increase of 6.3 % from the previous quarter. Expenses ticked up slightly by 7.96 % quarter-on-quarter, aligning with the annual decline of -11.56 %. Operating profit, while up 51.85 % compared to last year, faced a quarter-on-quarter dip of -4.65 %, 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 4.59 %, but a shrinkage of -1.36 % sequentially. Other income fell by -20.29 % compared to the last quarter, despite an annual growth of 45.97 %. Interest expenses dropped significantly by -89.6 % from the previous quarter, yet the year-over-year decrease remains at a moderate -22.22 %. Depreciation costs fell by -21.67 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 235.71 %. Profit before tax grew annually by 20.21 % but saw an increase from the preceding quarter by 510.81 %.
Tax expenses as a percentage of profits increased slightly by 30.55 % compared to last year, with a more notable quarter-on-quarter decrease of -185.6 %. Net profit fell by -23.88 % year-on-year but experienced a 29.66 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -27.59 % but a quarterly rise of 26 %. In summary, Deep Polymers Limited’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

In reviewing Deep Polymers Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -6.95 % year-on-year, however, there was a minor increase of 6.3 % from the previous quarter. Expenses decreased by -11.56 % compared to the previous year, with a 7.96 % increase quarter-on-quarter. Operating Profit surged by 51.85 % annually, and saw a -4.65 % decrease from the last quarter.
Net Profit showed yearly decrease of -23.88 %, and experienced a 29.66 % increase from the previous quarter. Earnings Per Share (EPS) fell by -27.59 % annually, however rose by 26 % compared to the last quarter. In essence, while Deep Polymers 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.