Share the post "NEERAJ PAPER MARKETING ‘s Q1 Financial results: Revenue Grows by 29.8% YoY"
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.
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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