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Highlights
- The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company’s sales declined by -4.58 % over the year, decrease in net sales/revenue by -9.87 %.
- 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 86.87 %. Marginal increase in other income during this quarter, up by 35.85%.
- Profit over the Year and quarter: Significant improvement in profitability for Deep Polymers Limited. Notable increase of 65.76 % in net profit Year to Year, Deep Polymers Limited’s profitability increased by 22.75 % in this quarter.
- EPS over the Year and quarter: EPS increased by 59.18 % Year to Year. EPS increased by 23.81 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 26.148 Cr | Rs. 27.683 Cr | Rs. 24.95 Cr | -9.87 % | -4.58 % |
Expenses | Rs. 23.7 Cr | Rs. 24.4 Cr | Rs. 21.36 Cr | -12.46 % | -9.87 % |
Operating Profit | Rs. 2.45 Cr | Rs. 3.28 Cr | Rs. 3.59 Cr | + 9.45 % | + 46.53 % |
OPM % | 9.37 % | 11.85 % | 14.39 % | + 2.54 % | + 5.02 % |
Other Income | Rs. 0.434 Cr | Rs. 0.597 Cr | Rs. 0.811 Cr | + 35.85 % | + 86.87 % |
Interest | Rs. 0.34 Cr | Rs. 0.21 Cr | Rs. 0.17 Cr | -19.05 % | -50 % |
Depreciation | Rs. 0.42 Cr | Rs. 1.41 Cr | Rs. 1.5 Cr | + 6.38 % | + 257.14 % |
Profit before tax | Rs. 2.12 Cr | Rs. 2.26 Cr | Rs. 2.73 Cr | + 20.8 % | + 28.77 % |
Tax % | 45.02 % | 32.09 % | 31.31 % | -0.78 % | -13.71 % |
Net Profit | Rs. 1.14 Cr | Rs. 1.53 Cr | Rs. 1.88 Cr | + 22.88 % | + 64.91 % |
EPS in Rs | Rs. 0.49 | Rs. 0.63 | Rs. 0.78 | + 23.81 % | + 59.18 % |
Today, we’re looking at Deep Polymers Limited’s financial performance for the Q2(Sep 2024-25).Starting with the top line, the company reported a significant year-over-year sales decline of -4.58 %. However, it did see a marginal slip of -9.87 % from the previous quarter. Expenses decreased slightly by -12.46 % quarter-on-quarter, aligning with the annual decline of -9.87 %. Operating profit, while up 46.53 % compared to last year, faced a quarter-on-quarter increase of 9.45 %, 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 5.02 %, but an expansion of 2.54 % sequentially. Other income rose by 35.85 % compared to the last quarter, despite an annual growth of 86.87 %. Interest expenses dropped significantly by -19.05 % from the previous quarter, yet the year-over-year decrease remains at a moderate -50 %. Depreciation costs climbed by 6.38 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 257.14 %. Profit before tax grew annually by 28.77 % but saw an increase from the preceding quarter by 20.8 %.
Tax expenses as a percentage of profits decreased slightly by -13.71 % compared to last year, with a more notable quarter-on-quarter decrease of -0.78 %. Net profit rose by 64.91 % year-on-year but experienced a 22.88 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 59.18 % but a quarterly rise of 23.81 %. In summary, Deep Polymers 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. 26.148 Cr | Rs. 27.683 Cr | Rs. 24.95 Cr | -9.87 % | -4.58 % |
Expenses | Rs. 23.7 Cr | Rs. 24.4 Cr | Rs. 21.36 Cr | -12.46 % | -9.87 % |
Operating Profit | Rs. 2.45 Cr | Rs. 3.28 Cr | Rs. 3.59 Cr | + 9.45 % | + 46.53 % |
Net Profit | Rs. 1.14 Cr | Rs. 1.53 Cr | Rs. 1.88 Cr | + 22.88 % | + 64.91 % |
EPS in Rs | Rs. 0.49 | Rs. 0.63 | Rs. 0.78 | + 23.81 % | + 59.18 % |
In reviewing Deep Polymers Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -4.58 % year-on-year, although there was a slight dip of -9.87 % from the previous quarter. Expenses decreased by -9.87 % compared to the previous year, with a decrease of -12.46 % quarter-on-quarter. Operating Profit surged by 46.53 % annually, and saw a 9.45 % increase from the last quarter.
Net Profit showed yearly increase of 64.91 %, and experienced a 22.88 % increase from the previous quarter. Earnings Per Share (EPS) rose by 59.18 % annually, however rose by 23.81 % 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.
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