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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’s sales declined by -16.89 % over the year, substantial increase in net sales/revenue by 0.94 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -19.43 %, Marginal increase in other income during this quarter, up by 36.99%.
- Profit over the Year and quarter: Significant improvement in profitability for Panchmahal Steel Ltd.. Notable increase of 149.37 % in net profit Year to Year, Panchmahal Steel Ltd.’s profitability dropped by -7.15 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 154.05 % Year to Year. EPS decreased by -6 % 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. 119.178 Cr | Rs. 98.126 Cr | Rs. 99.046 Cr | + 0.94 % | -16.89 % |
| Expenses | Rs. 115.25 Cr | Rs. 92.84 Cr | Rs. 94.14 Cr | + 1.4 % | -18.32 % |
| Operating Profit | Rs. 3.93 Cr | Rs. 5.29 Cr | Rs. 4.91 Cr | -7.18 % | + 24.94 % |
| OPM % | 3.3 % | 5.39 % | 4.96 % | -0.43 % | + 1.66 % |
| Other Income | Rs. 1.163 Cr | Rs. 0.684 Cr | Rs. 0.937 Cr | + 36.99 % | -19.43 % |
| Interest | Rs. 2.13 Cr | Rs. 1.39 Cr | Rs. 1.37 Cr | -1.44 % | -35.68 % |
| Depreciation | Rs. 2.02 Cr | Rs. 2.01 Cr | Rs. 2.01 Cr | + 0 % | -0.5 % |
| Profit before tax | Rs. 0.94 Cr | Rs. 2.57 Cr | Rs. 2.47 Cr | -3.89 % | + 162.77 % |
| Tax % | 24.71 % | 25.37 % | 27.69 % | + 2.32 % | + 2.98 % |
| Net Profit | Rs. 0.71 Cr | Rs. 1.92 Cr | Rs. 1.78 Cr | -7.29 % | + 150.7 % |
| EPS in Rs | Rs. 0.37 | Rs. 1 | Rs. 0.94 | -6 % | + 154.05 % |
Today, we’re looking at Panchmahal Steel Ltd.’s financial performance for the Q2(Sep 2024-25).Starting with the top line, the company reported a significant year-over-year sales decline of -16.89 %. However, it did see a marginal increase of 0.94 % from the previous quarter. Expenses ticked up slightly by 1.4 % quarter-on-quarter, aligning with the annual decline of -18.32 %. Operating profit, while up 24.94 % compared to last year, faced a quarter-on-quarter dip of -7.18 %, 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 1.66 %, but a shrinkage of -0.43 % sequentially. Other income rose by 36.99 % compared to the last quarter, despite an annual decline of -19.43 %. Interest expenses dropped significantly by -1.44 % from the previous quarter, yet the year-over-year decrease remains at a moderate -35.68 %. Depreciation costs climbed by 0 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -0.5 %. Profit before tax grew annually by 162.77 % but saw a reduction from the preceding quarter by -3.89 %.
Tax expenses as a percentage of profits increased slightly by 2.98 % compared to last year, with a more notable quarter-on-quarter increase of 2.32 %. Net profit rose by 150.7 % year-on-year but witnessed a -7.29 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 154.05 % but a quarterly fall of -6 %. In summary, Panchmahal Steel 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. 119.178 Cr | Rs. 98.126 Cr | Rs. 99.046 Cr | + 0.94 % | -16.89 % |
| Expenses | Rs. 115.25 Cr | Rs. 92.84 Cr | Rs. 94.14 Cr | + 1.4 % | -18.32 % |
| Operating Profit | Rs. 3.93 Cr | Rs. 5.29 Cr | Rs. 4.91 Cr | -7.18 % | + 24.94 % |
| Net Profit | Rs. 0.71 Cr | Rs. 1.92 Cr | Rs. 1.78 Cr | -7.29 % | + 150.7 % |
| EPS in Rs | Rs. 0.37 | Rs. 1 | Rs. 0.94 | -6 % | + 154.05 % |
In reviewing Panchmahal Steel Ltd.’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -16.89 % year-on-year, however, there was a minor increase of 0.94 % from the previous quarter. Expenses decreased by -18.32 % compared to the previous year, with a 1.4 % increase quarter-on-quarter. Operating Profit surged by 24.94 % annually, and saw a -7.18 % decrease from the last quarter.
Net Profit showed yearly increase of 150.7 %, and experienced a -7.29 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 154.05 % annually, however dipped by -6 % compared to the last quarter. In essence, while Panchmahal Steel 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.
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