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Highlights
- Sales over the Year and quarter: The company’s sales declined by -50.44 % over the year, decrease in net sales/revenue by -57.63 %.
- 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 50 %. Marginal increase in other income during this quarter, up by 50%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Parker Agro Chem Export Ltd.. Profit dropped by -130.36 % Year to Year, Parker Agro Chem Export Ltd.’s profitability dropped by -454.74 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -130.60 % Year to Year. EPS decreased by -455 % 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. 1.378 Cr | Rs. 1.612 Cr | Rs. 0.683 Cr | -57.63 % | -50.44 % |
| Expenses | Rs. 0.02 Cr | Rs. 1.46 Cr | Rs. 0.97 Cr | -33.56 % | + 4750 % |
| Operating Profit | Rs. 1.36 Cr | Rs. 0.15 Cr | Rs. -0.29 Cr | -293.33 % | -121.32 % |
| OPM % | 98.69 % | 9.31 % | -42.46 % | -51.77 % | -141.15 % |
| Other Income | Rs. 0.02 Cr | Rs. 0.02 Cr | Rs. 0.03 Cr | + 50 % | + 50 % |
| Interest | Rs. 0.03 Cr | Rs. 0.02 Cr | Rs. 0.03 Cr | + 50 % | + 0 % |
| Depreciation | Rs. 0.24 Cr | Rs. 0.04 Cr | Rs. 0.1 Cr | + 150 % | -58.33 % |
| Profit before tax | Rs. 1.11 Cr | Rs. 0.11 Cr | Rs. -0.39 Cr | -454.55 % | -135.14 % |
| Tax % | 0 % | 0 % | -12.44 % | -12.44 % | -12.44 % |
| Net Profit | Rs. 1.11 Cr | Rs. 0.1 Cr | Rs. -0.34 Cr | -440 % | -130.63 % |
| EPS in Rs | Rs. 2.32 | Rs. 0.2 | Rs. -0.71 | -455 % | -130.6 % |
Today, we’re looking at Parker Agro Chem Export 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 -50.44 %. However, it did see a marginal slip of -57.63 % from the previous quarter. Expenses decreased slightly by -33.56 % quarter-on-quarter, aligning with the annual rise of 4750 %. Operating profit, while down -121.32 % compared to last year, faced a quarter-on-quarter dip of -293.33 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -141.15 %, but a shrinkage of -51.77 % sequentially. Other income rose by 50 % compared to the last quarter, despite an annual growth of 50 %. Interest expenses surged remarkably by 50 % from the previous quarter, yet the year-over-year increase remains at a moderate 0 %. Depreciation costs climbed by 150 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -58.33 %. Profit before tax declined annually by -135.14 % but saw a reduction from the preceding quarter by -454.55 %.
Tax expenses as a percentage of profits decreased slightly by -12.44 % compared to last year, with a more notable quarter-on-quarter decrease of -12.44 %. Net profit fell by -130.63 % year-on-year but witnessed a -440 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -130.6 % but a quarterly fall of -455 %. In summary, Parker Agro Chem Export 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. 1.378 Cr | Rs. 1.612 Cr | Rs. 0.683 Cr | -57.63 % | -50.44 % |
| Expenses | Rs. 0.02 Cr | Rs. 1.46 Cr | Rs. 0.97 Cr | -33.56 % | + 4750 % |
| Operating Profit | Rs. 1.36 Cr | Rs. 0.15 Cr | Rs. -0.29 Cr | -293.33 % | -121.32 % |
| Net Profit | Rs. 1.11 Cr | Rs. 0.1 Cr | Rs. -0.34 Cr | -440 % | -130.63 % |
| EPS in Rs | Rs. 2.32 | Rs. 0.2 | Rs. -0.71 | -455 % | -130.6 % |
In reviewing Parker Agro Chem Export Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -50.44 % year-on-year, although there was a slight dip of -57.63 % from the previous quarter. Expenses rose by 4750 % compared to the previous year, with a decrease of -33.56 % quarter-on-quarter. Operating Profit dropped by -121.32 % annually, and saw a -293.33 % decrease from the last quarter.
Net Profit showed yearly decrease of -130.63 %, and experienced a -440 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -130.6 % annually, however dipped by -455 % compared to the last quarter. In essence, while Parker Agro Chem Export Ltd. faces strong annual decline indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.
