National Plastic Technologies announced Financial Results Q1 2024-25

The comprehensive analytics outlining the performance and outlook of National Plastic Technologies Ltd‘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 National Plastic Technologies Ltd’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 11.75 %. However, it did see a marginal slip of -0.76 % from the previous quarter. Expenses decreased slightly by -1.29 % quarter-on-quarter, aligning with the annual rise of 11.88 %. Operating profit, while up 10.4 % compared to last year, faced a quarter-on-quarter increase of 5.22 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -0.11 %, but an expansion of 0.5 % sequentially. Other income fell by -73.68 % compared to the last quarter, despite an annual decline of -60 %. Interest expenses surged remarkably by 16.8 % from the previous quarter, yet the year-over-year increase remains at a moderate 8.15 %. Depreciation costs climbed by 14.77 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 31.54 %. Profit before tax grew annually by 1.05 % but saw a reduction from the preceding quarter by -5.25 %.
Tax expenses as a percentage of profits decreased slightly by -0.01 % compared to last year, with a more notable quarter-on-quarter decrease of -0.92 %. Net profit rose by 1.46 % year-on-year but witnessed a -4.13 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 1.18 % but a quarterly fall of -4.19 %. In summary, National Plastic Technologies Ltd’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

In reviewing National Plastic Technologies Ltd’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 11.75 % year-on-year growth, although there was a slight dip of -0.76 % from the previous quarter. Expenses rose by 11.88 % compared to the previous year, with a decrease of -1.29 % quarter-on-quarter. Operating Profit surged by 10.4 % annually, and saw a 5.22 % increase from the last quarter.
Net Profit showed yearly increase of 1.46 %, and experienced a -4.13 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 1.18 % annually, however dipped by -4.19 % compared to the last quarter. In essence, while National Plastic Technologies Ltd 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.