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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 52.71 % in the past year, substantial increase in net sales/revenue by 21.87 %.
- 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 29.61 %. Marginal increase in other income during this quarter, up by 90.75%.
- Profit over the Year and quarter: Significant improvement in profitability for P.G.Foils Ltd.. Notable increase of 106.31 % in net profit Year to Year, P.G.Foils Ltd.’s profitability increased by 321.78 % in this quarter.
- EPS over the Year and quarter: EPS increased by 102.91 % Year to Year. EPS increased by 318.88 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 83.76 Cr | Rs. 104.953 Cr | Rs. 127.908 Cr | + 21.87 % | + 52.71 % |
Expenses | Rs. 88.29 Cr | Rs. 108.99 Cr | Rs. 129.01 Cr | + 18.37 % | + 46.12 % |
Operating Profit | Rs. -4.53 Cr | Rs. -4.04 Cr | Rs. -1.1 Cr | + 72.77 % | + 75.72 % |
OPM % | -5.41 % | -3.85 % | -0.86 % | + 2.99 % | + 4.55 % |
Other Income | Rs. 13.079 Cr | Rs. 8.887 Cr | Rs. 16.952 Cr | + 90.75 % | + 29.61 % |
Interest | Rs. 1.3 Cr | Rs. 1.22 Cr | Rs. 0.95 Cr | -22.13 % | -26.92 % |
Depreciation | Rs. 1 Cr | Rs. 1.39 Cr | Rs. 1 Cr | -28.06 % | + 0 % |
Profit before tax | Rs. 6.25 Cr | Rs. 2.24 Cr | Rs. 13.9 Cr | + 520.54 % | + 122.4 % |
Tax % | 10.79 % | 21.25 % | 17.28 % | -3.97 % | + 6.49 % |
Net Profit | Rs. 5.58 Cr | Rs. 2.73 Cr | Rs. 11.5 Cr | + 321.25 % | + 106.09 % |
EPS in Rs | Rs. 4.81 | Rs. 2.33 | Rs. 9.76 | + 318.88 % | + 102.91 % |
Today, we’re looking at P.G.Foils 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 52.71 %. However, it did see a marginal increase of 21.87 % from the previous quarter. Expenses ticked up slightly by 18.37 % quarter-on-quarter, aligning with the annual rise of 46.12 %. Operating profit, while up 75.72 % compared to last year, faced a quarter-on-quarter increase of 72.77 %, 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 4.55 %, but an expansion of 2.99 % sequentially. Other income rose by 90.75 % compared to the last quarter, despite an annual growth of 29.61 %. Interest expenses dropped significantly by -22.13 % from the previous quarter, yet the year-over-year decrease remains at a moderate -26.92 %. Depreciation costs fell by -28.06 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0 %. Profit before tax grew annually by 122.4 % but saw an increase from the preceding quarter by 520.54 %.
Tax expenses as a percentage of profits increased slightly by 6.49 % compared to last year, with a more notable quarter-on-quarter decrease of -3.97 %. Net profit rose by 106.09 % year-on-year but experienced a 321.25 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 102.91 % but a quarterly rise of 318.88 %. In summary, P.G.Foils 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. 83.76 Cr | Rs. 104.953 Cr | Rs. 127.908 Cr | + 21.87 % | + 52.71 % |
Expenses | Rs. 88.29 Cr | Rs. 108.99 Cr | Rs. 129.01 Cr | + 18.37 % | + 46.12 % |
Operating Profit | Rs. -4.53 Cr | Rs. -4.04 Cr | Rs. -1.1 Cr | + 72.77 % | + 75.72 % |
Net Profit | Rs. 5.58 Cr | Rs. 2.73 Cr | Rs. 11.5 Cr | + 321.25 % | + 106.09 % |
EPS in Rs | Rs. 4.81 | Rs. 2.33 | Rs. 9.76 | + 318.88 % | + 102.91 % |
In reviewing P.G.Foils Ltd.’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 52.71 % year-on-year growth, however, there was a minor increase of 21.87 % from the previous quarter. Expenses rose by 46.12 % compared to the previous year, with a 18.37 % increase quarter-on-quarter. Operating Profit surged by 75.72 % annually, and saw a 72.77 % increase from the last quarter.
Net Profit showed yearly increase of 106.09 %, and experienced a 321.25 % increase from the previous quarter. Earnings Per Share (EPS) rose by 102.91 % annually, however rose by 318.88 % compared to the last quarter. In essence, while P.G.Foils Ltd. 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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