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Panchmahal Steel . : Q4 2024 Quarterly Earnings: YoY Sales Down 24.17 %, QoQ Down 3.97 %

May 13, 2024May 13, 2024| adminadmin| 0 Comments| 5:25 pm
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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.

The comprehensive analytics outlining the performance and outlook of Panchmahal Steel Ltd.”s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

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.

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