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Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company’s sales declined by -0.04 % over the year, substantial increase in net sales/revenue by 6.24 %.
- 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 84.55 %. Marginal increase in other income during this quarter, up by 167.11%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Peeti Securities Ltd.. Profit dropped by -39.84 % Year to Year, Peeti Securities Ltd.’s profitability dropped by -613.33 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -38.24 % Year to Year. EPS decreased by -625 % 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. 4.885 Cr | Rs. 4.596 Cr | Rs. 4.883 Cr | + 6.24 % | -0.04 % |
Expenses | Rs. 4.81 Cr | Rs. 4.67 Cr | Rs. 4.98 Cr | + 6.64 % | + 3.53 % |
Operating Profit | Rs. 0.08 Cr | Rs. -0.07 Cr | Rs. -0.1 Cr | -42.86 % | -225 % |
OPM % | 1.64 % | -1.52 % | -2.05 % | -0.53 % | -3.69 % |
Other Income | Rs. 0.11 Cr | Rs. 0.076 Cr | Rs. 0.203 Cr | + 167.11 % | + 84.55 % |
Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Depreciation | Rs. 0.02 Cr | Rs. 0.02 Cr | Rs. 0.02 Cr | + 0 % | + 0 % |
Profit before tax | Rs. 0.17 Cr | Rs. -0.01 Cr | Rs. 0.08 Cr | + 900 % | -52.94 % |
Tax % | 22.89 % | -6.25 % | 9.3 % | + 15.55 % | -13.59 % |
Net Profit | Rs. 0.13 Cr | Rs. -0.02 Cr | Rs. 0.08 Cr | + 500 % | -38.46 % |
EPS in Rs | Rs. 0.34 | Rs. -0.04 | Rs. 0.21 | + 625 % | -38.24 % |
Today, we’re looking at Peeti Securities Ltd.’s financial performance for the Q2(Sep 2024-25).Starting with the top line, the company reported a significant year-over-year sales decline of -0.04 %. However, it did see a marginal increase of 6.24 % from the previous quarter. Expenses ticked up slightly by 6.64 % quarter-on-quarter, aligning with the annual rise of 3.53 %. Operating profit, while down -225 % compared to last year, faced a quarter-on-quarter dip of -42.86 %, 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 -3.69 %, but a shrinkage of -0.53 % sequentially. Other income rose by 167.11 % compared to the last quarter, despite an annual growth of 84.55 %. Depreciation costs climbed by 0 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0 %. Profit before tax declined annually by -52.94 % but saw an increase from the preceding quarter by 900 %.
Tax expenses as a percentage of profits decreased slightly by -13.59 % compared to last year, with a more notable quarter-on-quarter increase of 15.55 %. Net profit fell by -38.46 % year-on-year but experienced a 500 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -38.24 % but a quarterly rise of 625 %. In summary, Peeti Securities 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. 4.885 Cr | Rs. 4.596 Cr | Rs. 4.883 Cr | + 6.24 % | -0.04 % |
Expenses | Rs. 4.81 Cr | Rs. 4.67 Cr | Rs. 4.98 Cr | + 6.64 % | + 3.53 % |
Operating Profit | Rs. 0.08 Cr | Rs. -0.07 Cr | Rs. -0.1 Cr | -42.86 % | -225 % |
Net Profit | Rs. 0.13 Cr | Rs. -0.02 Cr | Rs. 0.08 Cr | + 500 % | -38.46 % |
EPS in Rs | Rs. 0.34 | Rs. -0.04 | Rs. 0.21 | + 625 % | -38.24 % |
In reviewing Peeti Securities Ltd.’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -0.04 % year-on-year, however, there was a minor increase of 6.24 % from the previous quarter. Expenses rose by 3.53 % compared to the previous year, with a 6.64 % increase quarter-on-quarter. Operating Profit dropped by -225 % annually, and saw a -42.86 % decrease from the last quarter.
Net Profit showed yearly decrease of -38.46 %, and experienced a 500 % increase from the previous quarter. Earnings Per Share (EPS) fell by -38.24 % annually, however rose by 625 % compared to the last quarter. In essence, while Peeti Securities Ltd. 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.
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