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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 20.19 % 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 163.41 %. Marginal increase in other income during this quarter, up by 435.38%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Pearl Global Industries Limited. Profit dropped by -8.14 % Year to Year, Pearl Global Industries Limited’s profitability increased by 44.83 % in this quarter.
- EPS over the Year and quarter: EPS declined by -50.69 % Year to Year. EPS decreased by -28.32 % 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. 729.954 Cr | Rs. 703.98 Cr | Rs. 877.368 Cr | + 24.63 % | + 20.19 % |
| Expenses | Rs. 667.13 Cr | Rs. 638.57 Cr | Rs. 795.9 Cr | + 24.64 % | + 19.3 % |
| Operating Profit | Rs. 62.82 Cr | Rs. 65.41 Cr | Rs. 81.47 Cr | + 24.55 % | + 29.69 % |
| OPM % | 8.61 % | 9.29 % | 9.29 % | + 0 % | + 0.68 % |
| Other Income | Rs. 5.63 Cr | Rs. 2.77 Cr | Rs. 14.83 Cr | + 435.38 % | + 163.41 % |
| Interest | Rs. 16.33 Cr | Rs. 17.45 Cr | Rs. 22.38 Cr | + 28.25 % | + 37.05 % |
| Depreciation | Rs. 13.95 Cr | Rs. 16.24 Cr | Rs. 18.88 Cr | + 16.26 % | + 35.34 % |
| Profit before tax | Rs. 38.17 Cr | Rs. 34.49 Cr | Rs. 55.04 Cr | + 59.58 % | + 44.2 % |
| Tax % | 4.68 % | 2.23 % | 9.96 % | + 7.73 % | + 5.28 % |
| Net Profit | Rs. 53.32 Cr | Rs. 33.82 Cr | Rs. 48.98 Cr | + 44.83 % | -8.14 % |
| EPS in Rs | Rs. 23.97 | Rs. 16.49 | Rs. 11.82 | -28.32 % | -50.69 % |
Today, we’re looking at Pearl Global Industries 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 20.19 %. However, it did see a marginal increase of 24.63 % from the previous quarter. Expenses ticked up slightly by 24.64 % quarter-on-quarter, aligning with the annual rise of 19.3 %. Operating profit, while up 29.69 % compared to last year, faced a quarter-on-quarter increase of 24.55 %, 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 0.68 %, but an expansion of 0 % sequentially. Other income rose by 435.38 % compared to the last quarter, despite an annual growth of 163.41 %. Interest expenses surged remarkably by 28.25 % from the previous quarter, yet the year-over-year increase remains at a moderate 37.05 %. Depreciation costs climbed by 16.26 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 35.34 %. Profit before tax grew annually by 44.2 % but saw an increase from the preceding quarter by 59.58 %.
Tax expenses as a percentage of profits increased slightly by 5.28 % compared to last year, with a more notable quarter-on-quarter increase of 7.73 %. Net profit fell by -8.14 % year-on-year but experienced a 44.83 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -50.69 % but a quarterly fall of -28.32 %. In summary, Pearl Global Industries 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. 729.954 Cr | Rs. 703.98 Cr | Rs. 877.368 Cr | + 24.63 % | + 20.19 % |
| Expenses | Rs. 667.13 Cr | Rs. 638.57 Cr | Rs. 795.9 Cr | + 24.64 % | + 19.3 % |
| Operating Profit | Rs. 62.82 Cr | Rs. 65.41 Cr | Rs. 81.47 Cr | + 24.55 % | + 29.69 % |
| Net Profit | Rs. 53.32 Cr | Rs. 33.82 Cr | Rs. 48.98 Cr | + 44.83 % | -8.14 % |
| EPS in Rs | Rs. 23.97 | Rs. 16.49 | Rs. 11.82 | -28.32 % | -50.69 % |
In reviewing Pearl Global Industries Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 20.19 % year-on-year growth, however, there was a minor increase of 24.63 % from the previous quarter. Expenses rose by 19.3 % compared to the previous year, with a 24.64 % increase quarter-on-quarter. Operating Profit surged by 29.69 % annually, and saw a 24.55 % increase from the last quarter.
Net Profit showed yearly decrease of -8.14 %, and experienced a 44.83 % increase from the previous quarter. Earnings Per Share (EPS) fell by -50.69 % annually, however dipped by -28.32 % compared to the last quarter. In essence, while Pearl Global Industries Limited 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.
