Share the post "PDS : Q4 2024 Financial Quarterly Report: YoY Sales Up 17.27 %, QoQ Up 24.63 %"
Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 17.27 % in the past year, substantial increase in net sales/revenue by 24.63 %.
- 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 77.23 %. Marginal decrease of -63.24% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for PDS LIMITED. Profit dropped by -14.65 % Year to Year, PDS LIMITED’s profitability increased by 156.44 % in this quarter.
- EPS over the Year and quarter: EPS declined by -19.63 % Year to Year. EPS increased by 213.51 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 2741.656 Cr | Rs. 2579.779 Cr | Rs. 3215.18 Cr | + 24.63 % | + 17.27 % |
| Expenses | Rs. 2609.05 Cr | Rs. 2505.2 Cr | Rs. 3101.55 Cr | + 23.8 % | + 18.88 % |
| Operating Profit | Rs. 132.61 Cr | Rs. 74.58 Cr | Rs. 113.63 Cr | + 52.36 % | -14.31 % |
| OPM % | 4.84 % | 2.89 % | 3.53 % | + 0.64 % | -1.31 % |
| Other Income | Rs. 3.25 Cr | Rs. 15.67 Cr | Rs. 5.76 Cr | -63.24 % | + 77.23 % |
| Interest | Rs. 27.39 Cr | Rs. 31.32 Cr | Rs. 27.83 Cr | -11.14 % | + 1.61 % |
| Depreciation | Rs. 22.56 Cr | Rs. 22.82 Cr | Rs. 26.41 Cr | + 15.73 % | + 17.07 % |
| Profit before tax | Rs. 85.91 Cr | Rs. 36.11 Cr | Rs. 65.15 Cr | + 80.42 % | -24.16 % |
| Tax % | 10.96 % | 29.39 % | 6.24 % | -23.15 % | -4.72 % |
| Net Profit | Rs. 76.61 Cr | Rs. 25.5 Cr | Rs. 65.39 Cr | + 156.43 % | -14.65 % |
| EPS in Rs | Rs. 4.25 | Rs. 1.09 | Rs. 3.41 | + 212.84 % | -19.76 % |
Today, we’re looking at PDS LIMITED’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 17.27 %. However, it did see a marginal increase of 24.63 % from the previous quarter. Expenses ticked up slightly by 23.8 % quarter-on-quarter, aligning with the annual rise of 18.88 %. Operating profit, while down -14.31 % compared to last year, faced a quarter-on-quarter increase of 52.36 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -1.31 %, but an expansion of 0.64 % sequentially. Other income fell by -63.24 % compared to the last quarter, despite an annual growth of 77.23 %. Interest expenses dropped significantly by -11.14 % from the previous quarter, yet the year-over-year increase remains at a moderate 1.61 %. Depreciation costs climbed by 15.73 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 17.07 %. Profit before tax declined annually by -24.16 % but saw an increase from the preceding quarter by 80.42 %.
Tax expenses as a percentage of profits decreased slightly by -4.72 % compared to last year, with a more notable quarter-on-quarter decrease of -23.15 %. Net profit fell by -14.65 % year-on-year but experienced a 156.43 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -19.76 % but a quarterly rise of 212.84 %. In summary, PDS LIMITED’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. 2741.656 Cr | Rs. 2579.779 Cr | Rs. 3215.18 Cr | + 24.63 % | + 17.27 % |
| Expenses | Rs. 2609.05 Cr | Rs. 2505.2 Cr | Rs. 3101.55 Cr | + 23.8 % | + 18.88 % |
| Operating Profit | Rs. 132.61 Cr | Rs. 74.58 Cr | Rs. 113.63 Cr | + 52.36 % | -14.31 % |
| Net Profit | Rs. 76.61 Cr | Rs. 25.5 Cr | Rs. 65.39 Cr | + 156.43 % | -14.65 % |
| EPS in Rs | Rs. 4.25 | Rs. 1.09 | Rs. 3.41 | + 212.84 % | -19.76 % |
In reviewing PDS LIMITED’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 17.27 % year-on-year growth, however, there was a minor increase of 24.63 % from the previous quarter. Expenses rose by 18.88 % compared to the previous year, with a 23.8 % increase quarter-on-quarter. Operating Profit dropped by -14.31 % annually, and saw a 52.36 % increase from the last quarter.
Net Profit showed yearly decrease of -14.65 %, and experienced a 156.43 % increase from the previous quarter. Earnings Per Share (EPS) fell by -19.76 % annually, however rose by 212.84 % compared to the last quarter. In essence, while PDS LIMITED faces strong annual decline 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.
21
3-Year Profit
136
5-Year Profit
56
10-Year Profit
549
Current Price
7,725
Market Cap
The financial outlook for the company under BSE code 538730 reveals a significant five-year profit of 136 percents. This marks a notable increase to 21 percents over the last three years, indicating a strong upward trend in the company's financial health during this period. However, it's important to note that recent challenges have impacted the company's performance, leading to a trailing twelve-month loss of 45 percents. This sharp decline in profitability is particularly concerning, as the company has also reported no sales across any analyzed timeframe, suggesting a highly unconventional and perhaps risky operational approach. The company's stock prices mirror this financial volatility, with the stock trading at 51 percents over the past five years but experiencing a dramatic drop to 6 percents within the last year. Over a decade, the stock price was at 0 percents, reflecting long-term concerns regarding the company's stability and future outlook. Such performance poses questions about the sustainability of the business and whether it can rebound from these recent setbacks.
The company has a market capitalization of ₹7,725 crore and is currently trading at ₹549 per share. Historically, the stock has fluctuated within a range of ₹666 / 355, reflecting both the opportunities and risks that investors perceive in the company. The P/E ratio, at 53.2, is relatively high, suggesting that the market has priced in substantial future growth or is willing to pay a premium for the company’s current earnings. The book value per share stands at ₹88.4, which reflects the net asset value of the company divided by the number of outstanding shares. The dividend yield is 0.87%, providing shareholders with a consistent return on their investment. ROCE is 17.5%, indicating how well the company is using its capital to generate profits, while ROE at 13.0% highlights the returns generated from shareholders' equity. The debt-to-equity ratio is 0.90, signaling low financial leverage, which is typically seen as a positive indicator of financial health. However, the company’s negative net cash flow of ₹-158 crore might raise concerns about its cash generation capabilities or capital expenditures. With a Piotroski score of 2.00, the company's financial stability is evaluated on several factors. Finally, the Graham Number, at ₹148, provides an estimate of the stock’s intrinsic value, while the Price-to-Book (P/B) ratio of 6.21 highlights that the stock is trading at a premium to its book value, potentially reflecting positive market sentiment or overvaluation risks.
