Highlights
- Sales over the Year and quarter: The company’s sales declined by -24.17 % over the year, decrease in net sales/revenue by -3.97 %.
- 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 535.29 %. Marginal decrease of -34.94% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Panchmahal Steel Ltd.. Notable increase of 127.23 % in net profit Year to Year, Panchmahal Steel Ltd.’s profitability dropped by -856.97 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 128.57 % Year to Year. EPS decreased by -852.94 % 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. 129.889 Cr | Rs. 102.568 Cr | Rs. 98.499 Cr | -3.97 % | -24.17 % |
| Expenses | Rs. 124.2 Cr | Rs. 100.72 Cr | Rs. 92.88 Cr | -7.78 % | -25.22 % |
| Operating Profit | Rs. 5.69 Cr | Rs. 1.85 Cr | Rs. 5.62 Cr | + 203.78 % | -1.23 % |
| OPM % | 4.38 % | 1.8 % | 5.71 % | + 3.91 % | + 1.33 % |
| Other Income | Rs. 0.17 Cr | Rs. 1.66 Cr | Rs. 1.08 Cr | -34.94 % | + 535.29 % |
| Interest | Rs. 2.34 Cr | Rs. 1.93 Cr | Rs. 1.41 Cr | -26.94 % | -39.74 % |
| Depreciation | Rs. 2.02 Cr | Rs. 2.02 Cr | Rs. 2.04 Cr | + 0.99 % | + 0.99 % |
| Profit before tax | Rs. 1.5 Cr | Rs. -0.44 Cr | Rs. 3.25 Cr | + 838.64 % | + 116.67 % |
| Tax % | 27.93 % | -26.82 % | 24.68 % | + 51.5 % | -3.25 % |
| Net Profit | Rs. 1.08 Cr | Rs. -0.32 Cr | Rs. 2.45 Cr | + 865.63 % | + 126.85 % |
| EPS in Rs | Rs. 0.56 | Rs. -0.17 | Rs. 1.28 | + 852.94 % | + 128.57 % |
Today, we’re looking at Panchmahal Steel Ltd.’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -24.17 %. However, it did see a marginal slip of -3.97 % from the previous quarter. Expenses decreased slightly by -7.78 % quarter-on-quarter, aligning with the annual decline of -25.22 %. Operating profit, while down -1.23 % compared to last year, faced a quarter-on-quarter increase of 203.78 %, 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 1.33 %, but an expansion of 3.91 % sequentially. Other income fell by -34.94 % compared to the last quarter, despite an annual growth of 535.29 %. Interest expenses dropped significantly by -26.94 % from the previous quarter, yet the year-over-year decrease remains at a moderate -39.74 %. Depreciation costs climbed by 0.99 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0.99 %. Profit before tax grew annually by 116.67 % but saw an increase from the preceding quarter by 838.64 %.
Tax expenses as a percentage of profits decreased slightly by -3.25 % compared to last year, with a more notable quarter-on-quarter increase of 51.5 %. Net profit rose by 126.85 % year-on-year but experienced a 865.63 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 128.57 % but a quarterly rise of 852.94 %. 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. 129.889 Cr | Rs. 102.568 Cr | Rs. 98.499 Cr | -3.97 % | -24.17 % |
| Expenses | Rs. 124.2 Cr | Rs. 100.72 Cr | Rs. 92.88 Cr | -7.78 % | -25.22 % |
| Operating Profit | Rs. 5.69 Cr | Rs. 1.85 Cr | Rs. 5.62 Cr | + 203.78 % | -1.23 % |
| Net Profit | Rs. 1.08 Cr | Rs. -0.32 Cr | Rs. 2.45 Cr | + 865.63 % | + 126.85 % |
| EPS in Rs | Rs. 0.56 | Rs. -0.17 | Rs. 1.28 | + 852.94 % | + 128.57 % |
In reviewing Panchmahal Steel Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -24.17 % year-on-year, although there was a slight dip of -3.97 % from the previous quarter. Expenses decreased by -25.22 % compared to the previous year, with a decrease of -7.78 % quarter-on-quarter. Operating Profit dropped by -1.23 % annually, and saw a 203.78 % increase from the last quarter.
Net Profit showed yearly increase of 126.85 %, and experienced a 865.63 % increase from the previous quarter. Earnings Per Share (EPS) rose by 128.57 % annually, however rose by 852.94 % compared to the last quarter. In essence, while Panchmahal Steel 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.
