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Highlights
- Sales over the Year and quarter: The company’s sales declined by -46.92 % over the year, decrease in net sales/revenue by -56.89 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -110.77 %, Marginal decrease of -102.31% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Paul Merchants Ltd.. Notable increase of 10.69 % in net profit Year to Year, Paul Merchants Ltd.’s profitability dropped by -45.37 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -63.10 % Year to Year. EPS decreased by -45.37 % 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. 1697.605 Cr | Rs. 2090.402 Cr | Rs. 901.151 Cr | -56.89 % | -46.92 % |
Expenses | Rs. 1679.43 Cr | Rs. 2057.63 Cr | Rs. 874.71 Cr | -57.49 % | -47.92 % |
Operating Profit | Rs. 18.18 Cr | Rs. 32.77 Cr | Rs. 26.44 Cr | -19.32 % | + 45.43 % |
OPM % | 1.07 % | 1.57 % | 2.93 % | + 1.36 % | + 1.86 % |
Other Income | Rs. 0.65 Cr | Rs. 3.03 Cr | Rs. -0.07 Cr | -102.31 % | -110.77 % |
Interest | Rs. 6.62 Cr | Rs. 11.48 Cr | Rs. 12.24 Cr | + 6.62 % | + 84.89 % |
Depreciation | Rs. 1.18 Cr | Rs. 1.65 Cr | Rs. 1.84 Cr | + 11.52 % | + 55.93 % |
Profit before tax | Rs. 11.03 Cr | Rs. 22.67 Cr | Rs. 12.29 Cr | -45.79 % | + 11.42 % |
Tax % | 22.91 % | 24.63 % | 23.97 % | -0.66 % | + 1.06 % |
Net Profit | Rs. 8.43 Cr | Rs. 17.09 Cr | Rs. 9.34 Cr | -45.35 % | + 10.79 % |
EPS in Rs | Rs. 82.04 | Rs. 55.41 | Rs. 30.27 | -45.37 % | -63.1 % |
Today, we’re looking at Paul Merchants 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 -46.92 %. However, it did see a marginal slip of -56.89 % from the previous quarter. Expenses decreased slightly by -57.49 % quarter-on-quarter, aligning with the annual decline of -47.92 %. Operating profit, while up 45.43 % compared to last year, faced a quarter-on-quarter dip of -19.32 %, 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 1.86 %, but an expansion of 1.36 % sequentially. Other income fell by -102.31 % compared to the last quarter, despite an annual decline of -110.77 %. Interest expenses surged remarkably by 6.62 % from the previous quarter, yet the year-over-year increase remains at a moderate 84.89 %. Depreciation costs climbed by 11.52 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 55.93 %. Profit before tax grew annually by 11.42 % but saw a reduction from the preceding quarter by -45.79 %.
Tax expenses as a percentage of profits increased slightly by 1.06 % compared to last year, with a more notable quarter-on-quarter decrease of -0.66 %. Net profit rose by 10.79 % year-on-year but witnessed a -45.35 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -63.1 % but a quarterly fall of -45.37 %. In summary, Paul Merchants 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. 1697.605 Cr | Rs. 2090.402 Cr | Rs. 901.151 Cr | -56.89 % | -46.92 % |
Expenses | Rs. 1679.43 Cr | Rs. 2057.63 Cr | Rs. 874.71 Cr | -57.49 % | -47.92 % |
Operating Profit | Rs. 18.18 Cr | Rs. 32.77 Cr | Rs. 26.44 Cr | -19.32 % | + 45.43 % |
Net Profit | Rs. 8.43 Cr | Rs. 17.09 Cr | Rs. 9.34 Cr | -45.35 % | + 10.79 % |
EPS in Rs | Rs. 82.04 | Rs. 55.41 | Rs. 30.27 | -45.37 % | -63.1 % |
In reviewing Paul Merchants Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -46.92 % year-on-year, although there was a slight dip of -56.89 % from the previous quarter. Expenses decreased by -47.92 % compared to the previous year, with a decrease of -57.49 % quarter-on-quarter. Operating Profit surged by 45.43 % annually, and saw a -19.32 % decrease from the last quarter.
Net Profit showed yearly increase of 10.79 %, and experienced a -45.35 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -63.1 % annually, however dipped by -45.37 % compared to the last quarter. In essence, while Paul Merchants 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.