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NEERAJ PAPER MARKETING ‘s Q1 Financial results: Revenue Grows by 29.8% YoY

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Highlights

  • The presented financial data is Standalone to provide a comprehensive overview of the company performance.
  • Sales over the Year and quarter: The company experienced a substantial growth of 29.8 % in the past year, substantial increase in net sales/revenue by 7.02 %.
  • Income over the Year and quarter: Marginal decrease of -93.62% in other income during this quarter.
  • Profit over the Year and quarter: Significant improvement in profitability for NEERAJ PAPER MARKETING LIMITED. Notable increase of 40.2 % in net profit Year to Year, NEERAJ PAPER MARKETING LIMITED’s profitability increased by 30 % in this quarter.
  • EPS over the Year and quarter: EPS increased by 44.44 % Year to Year. EPS increased by 30 % in previous quarter. Positive impact on shareholders.

The comprehensive analytics outlining the performance and outlook of NEERAJ PAPER MARKETING 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.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 33.728 Cr Rs. 40.906 Cr Rs. 43.779 Cr + 7.02 % + 29.8 %
Expenses Rs. 32.83 Cr Rs. 40.1 Cr Rs. 42.82 Cr + 6.78 % + 30.43 %
Operating Profit Rs. 0.9 Cr Rs. 0.81 Cr Rs. 0.96 Cr + 18.52 % + 6.67 %
OPM % 2.67 % 1.98 % 2.19 % + 0.21 % -0.48 %
Other Income Rs. 0 Cr Rs. 0.047 Cr Rs. 0.003 Cr -93.62 % 0 %
Interest Rs. 0.67 Cr Rs. 0.6 Cr Rs. 0.67 Cr + 11.67 % + 0 %
Depreciation Rs. 0.1 Cr Rs. 0.07 Cr Rs. 0.09 Cr + 28.57 % -10 %
Profit before tax Rs. 0.13 Cr Rs. 0.19 Cr Rs. 0.2 Cr + 5.26 % + 53.85 %
Tax % 25 % 39.23 % 28.28 % -10.95 % + 3.28 %
Net Profit Rs. 0.1 Cr Rs. 0.11 Cr Rs. 0.14 Cr + 27.27 % + 40 %
EPS in Rs Rs. 0.09 Rs. 0.1 Rs. 0.13 + 30 % + 44.44 %


Today, we’re looking at NEERAJ PAPER MARKETING LIMITED’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 29.8 %. However, it did see a marginal increase of 7.02 % from the previous quarter. Expenses ticked up slightly by 6.78 % quarter-on-quarter, aligning with the annual rise of 30.43 %. Operating profit, while up 6.67 % compared to last year, faced a quarter-on-quarter increase of 18.52 %, 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 -0.48 %, but an expansion of 0.21 % sequentially. Other income fell by -93.62 % compared to the last quarter, Interest expenses surged remarkably by 11.67 % from the previous quarter, yet the year-over-year increase remains at a moderate 0 %. Depreciation costs climbed by 28.57 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -10 %. Profit before tax grew annually by 53.85 % but saw an increase from the preceding quarter by 5.26 %.
Tax expenses as a percentage of profits increased slightly by 3.28 % compared to last year, with a more notable quarter-on-quarter decrease of -10.95 %. Net profit rose by 40 % year-on-year but experienced a 27.27 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 44.44 % but a quarterly rise of 30 %. In summary, NEERAJ PAPER MARKETING 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. 33.728 Cr Rs. 40.906 Cr Rs. 43.779 Cr + 7.02 % + 29.8 %
Expenses Rs. 32.83 Cr Rs. 40.1 Cr Rs. 42.82 Cr + 6.78 % + 30.43 %
Operating Profit Rs. 0.9 Cr Rs. 0.81 Cr Rs. 0.96 Cr + 18.52 % + 6.67 %
Net Profit Rs. 0.1 Cr Rs. 0.11 Cr Rs. 0.14 Cr + 27.27 % + 40 %
EPS in Rs Rs. 0.09 Rs. 0.1 Rs. 0.13 + 30 % + 44.44 %


In reviewing NEERAJ PAPER MARKETING LIMITED’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 29.8 % year-on-year growth, however, there was a minor increase of 7.02 % from the previous quarter. Expenses rose by 30.43 % compared to the previous year, with a 6.78 % increase quarter-on-quarter. Operating Profit surged by 6.67 % annually, and saw a 18.52 % increase from the last quarter.
Net Profit showed yearly increase of 40 %, and experienced a 27.27 % increase from the previous quarter. Earnings Per Share (EPS) rose by 44.44 % annually, however rose by 30 % compared to the last quarter. In essence, while NEERAJ PAPER MARKETING 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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