Share the post "PBM Polytex ‘s Latest Q1 Report: Profit Up by 54.62% Year-on-Year"
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 -8.1 % over the year, decrease in net sales/revenue by -20.89 %.
- 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 2.69 %. Marginal decrease of -76.51% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for P.B.M. Polytex Ltd.,. Profit dropped by -54.79 % Year to Year, P.B.M. Polytex Ltd.,’s profitability dropped by -480.21 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -54.91 % Year to Year. EPS decreased by -480.49 % in previous quarter. Analysis needed for shareholder value.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 44.869 Cr | Rs. 52.122 Cr | Rs. 41.234 Cr | -20.89 % | -8.1 % |
Expenses | Rs. 47.4 Cr | Rs. 52.24 Cr | Rs. 42.05 Cr | -19.51 % | -11.29 % |
Operating Profit | Rs. -2.53 Cr | Rs. -0.12 Cr | Rs. -0.82 Cr | -583.33 % | + 67.59 % |
OPM % | -5.64 % | -0.23 % | -1.99 % | -1.76 % | + 3.65 % |
Other Income | Rs. 0.372 Cr | Rs. 1.626 Cr | Rs. 0.382 Cr | -76.51 % | + 2.69 % |
Interest | Rs. 0.17 Cr | Rs. 0.2 Cr | Rs. 0.18 Cr | -10 % | + 5.88 % |
Depreciation | Rs. 0.9 Cr | Rs. 0.96 Cr | Rs. 0.9 Cr | -6.25 % | + 0 % |
Profit before tax | Rs. -3.23 Cr | Rs. 0.35 Cr | Rs. -1.52 Cr | -534.29 % | + 52.94 % |
Tax % | -26.27 % | 18.44 % | -28.84 % | -47.28 % | -2.57 % |
Net Profit | Rs. -2.38 Cr | Rs. 0.28 Cr | Rs. -1.08 Cr | -485.71 % | + 54.62 % |
EPS in Rs | Rs. -3.46 | Rs. 0.41 | Rs. -1.56 | -480.49 % | + 54.91 % |
Today, we’re looking at P.B.M. Polytex Ltd.,’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -8.1 %. However, it did see a marginal slip of -20.89 % from the previous quarter. Expenses decreased slightly by -19.51 % quarter-on-quarter, aligning with the annual decline of -11.29 %. Operating profit, while up 67.59 % compared to last year, faced a quarter-on-quarter dip of -583.33 %, 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 3.65 %, but a shrinkage of -1.76 % sequentially. Other income fell by -76.51 % compared to the last quarter, despite an annual growth of 2.69 %. Interest expenses dropped significantly by -10 % from the previous quarter, yet the year-over-year increase remains at a moderate 5.88 %. Depreciation costs fell by -6.25 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0 %. Profit before tax grew annually by 52.94 % but saw a reduction from the preceding quarter by -534.29 %.
Tax expenses as a percentage of profits decreased slightly by -2.57 % compared to last year, with a more notable quarter-on-quarter decrease of -47.28 %. Net profit rose by 54.62 % year-on-year but witnessed a -485.71 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 54.91 % but a quarterly fall of -480.49 %. In summary, P.B.M. Polytex Ltd.,’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. 44.869 Cr | Rs. 52.122 Cr | Rs. 41.234 Cr | -20.89 % | -8.1 % |
Expenses | Rs. 47.4 Cr | Rs. 52.24 Cr | Rs. 42.05 Cr | -19.51 % | -11.29 % |
Operating Profit | Rs. -2.53 Cr | Rs. -0.12 Cr | Rs. -0.82 Cr | -583.33 % | + 67.59 % |
Net Profit | Rs. -2.38 Cr | Rs. 0.28 Cr | Rs. -1.08 Cr | -485.71 % | + 54.62 % |
EPS in Rs | Rs. -3.46 | Rs. 0.41 | Rs. -1.56 | -480.49 % | + 54.91 % |
In reviewing P.B.M. Polytex Ltd.,’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -8.1 % year-on-year, although there was a slight dip of -20.89 % from the previous quarter. Expenses decreased by -11.29 % compared to the previous year, with a decrease of -19.51 % quarter-on-quarter. Operating Profit surged by 67.59 % annually, and saw a -583.33 % decrease from the last quarter.
Net Profit showed yearly increase of 54.62 %, and experienced a -485.71 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 54.91 % annually, however dipped by -480.49 % compared to the last quarter. In essence, while P.B.M. Polytex 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.