Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 2.71 % in the past year, decrease in net sales/revenue by -19 %.
- 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 52.39 %. Marginal increase in other income during this quarter, up by 95.85%.
- Profit over the Year and quarter: Significant improvement in profitability for Page Industries Ltd.. Notable increase of 38.1 % in net profit Year to Year, Page Industries Ltd.’s profitability dropped by -28.98 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 38.11 % Year to Year. EPS decreased by -28.98 % 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. 969.09 Cr | Rs. 1228.769 Cr | Rs. 995.354 Cr | -19 % | + 2.71 % |
Expenses | Rs. 834.76 Cr | Rs. 999.12 Cr | Rs. 828.15 Cr | -17.11 % | -0.79 % |
Operating Profit | Rs. 134.33 Cr | Rs. 229.65 Cr | Rs. 167.2 Cr | -27.19 % | + 24.47 % |
OPM % | 13.86 % | 18.69 % | 16.8 % | -1.89 % | + 2.94 % |
Other Income | Rs. 7.12 Cr | Rs. 5.54 Cr | Rs. 10.85 Cr | + 95.85 % | + 52.39 % |
Interest | Rs. 13.63 Cr | Rs. 10.5 Cr | Rs. 10.47 Cr | -0.29 % | -23.18 % |
Depreciation | Rs. 21.29 Cr | Rs. 22.61 Cr | Rs. 22.57 Cr | -0.18 % | + 6.01 % |
Profit before tax | Rs. 106.53 Cr | Rs. 202.08 Cr | Rs. 145.01 Cr | -28.24 % | + 36.12 % |
Tax % | 26.45 % | 24.61 % | 25.39 % | + 0.78 % | -1.06 % |
Net Profit | Rs. 78.35 Cr | Rs. 152.35 Cr | Rs. 108.2 Cr | -28.98 % | + 38.1 % |
EPS in Rs | Rs. 70.24 | Rs. 136.59 | Rs. 97.01 | -28.98 % | + 38.11 % |
Today, we’re looking at Page Industries Ltd.’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 2.71 %. However, it did see a marginal slip of -19 % from the previous quarter. Expenses decreased slightly by -17.11 % quarter-on-quarter, aligning with the annual decline of -0.79 %. Operating profit, while up 24.47 % compared to last year, faced a quarter-on-quarter dip of -27.19 %, 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 2.94 %, but a shrinkage of -1.89 % sequentially. Other income rose by 95.85 % compared to the last quarter, despite an annual growth of 52.39 %. Interest expenses dropped significantly by -0.29 % from the previous quarter, yet the year-over-year decrease remains at a moderate -23.18 %. Depreciation costs fell by -0.18 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 6.01 %. Profit before tax grew annually by 36.12 % but saw a reduction from the preceding quarter by -28.24 %.
Tax expenses as a percentage of profits decreased slightly by -1.06 % compared to last year, with a more notable quarter-on-quarter increase of 0.78 %. Net profit rose by 38.1 % year-on-year but witnessed a -28.98 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 38.11 % but a quarterly fall of -28.98 %. In summary, Page Industries 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. 969.09 Cr | Rs. 1228.769 Cr | Rs. 995.354 Cr | -19 % | + 2.71 % |
Expenses | Rs. 834.76 Cr | Rs. 999.12 Cr | Rs. 828.15 Cr | -17.11 % | -0.79 % |
Operating Profit | Rs. 134.33 Cr | Rs. 229.65 Cr | Rs. 167.2 Cr | -27.19 % | + 24.47 % |
Net Profit | Rs. 78.35 Cr | Rs. 152.35 Cr | Rs. 108.2 Cr | -28.98 % | + 38.1 % |
EPS in Rs | Rs. 70.24 | Rs. 136.59 | Rs. 97.01 | -28.98 % | + 38.11 % |
In reviewing Page Industries Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 2.71 % year-on-year growth, although there was a slight dip of -19 % from the previous quarter. Expenses decreased by -0.79 % compared to the previous year, with a decrease of -17.11 % quarter-on-quarter. Operating Profit surged by 24.47 % annually, and saw a -27.19 % decrease from the last quarter.
Net Profit showed yearly increase of 38.1 %, and experienced a -28.98 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 38.11 % annually, however dipped by -28.98 % compared to the last quarter. In essence, while Page Industries 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.