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Pennar Industries : Q4 2024 Financial Quarterly Report : YoY Sales Up 18.64 %, QoQ Up 12.78 %

June 5, 2024June 5, 2024| adminadmin| 0 Comments| 5:25 pm
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Highlights

  • Sales over the Year and quarter: The company experienced a substantial growth of 18.64 % in the past year, substantial increase in net sales/revenue by 12.78 %.
  • 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 4607.41 %. Marginal increase in other income during this quarter, up by 116.52%.
  • Profit over the Year and quarter: Significant improvement in profitability for Pennar Industries Ltd.,. Notable increase of 38.51 % in net profit Year to Year, Pennar Industries Ltd.,’s profitability increased by 16.22 % in this quarter.
  • EPS over the Year and quarter: EPS declined by -59.01 % Year to Year. EPS increased by 15.79 % in previous quarter. Positive impact on shareholders.

The comprehensive analytics outlining the performance and outlook of Pennar Industries Ltd.,”s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 555.79 Cr Rs. 584.66 Cr Rs. 659.38 Cr + 12.78 % + 18.64 %
Expenses Rs. 501.69 Cr Rs. 523.94 Cr Rs. 608.74 Cr + 16.19 % + 21.34 %
Operating Profit Rs. 54.1 Cr Rs. 60.72 Cr Rs. 50.64 Cr -16.6 % -6.4 %
OPM % 9.73 % 10.39 % 7.68 % -2.71 % -2.05 %
Other Income Rs. 0.27 Cr Rs. 5.87 Cr Rs. 12.71 Cr + 116.52 % + 4607.41 %
Interest Rs. 22.41 Cr Rs. 30.95 Cr Rs. 25.92 Cr -16.25 % + 15.66 %
Depreciation Rs. 14.58 Cr Rs. 14.88 Cr Rs. 13.36 Cr -10.22 % -8.37 %
Profit before tax Rs. 17.38 Cr Rs. 20.76 Cr Rs. 24.07 Cr + 15.94 % + 38.49 %
Tax % 25.89 % 26.06 % 25.88 % -0.18 % -0.01 %
Net Profit Rs. 12.88 Cr Rs. 15.35 Cr Rs. 17.84 Cr + 16.22 % + 38.51 %
EPS in Rs Rs. 3.22 Rs. 1.14 Rs. 1.32 + 15.79 % -59.01 %


Today, we’re looking at Pennar Industries Ltd.,’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 18.64 %. However, it did see a marginal increase of 12.78 % from the previous quarter. Expenses ticked up slightly by 16.19 % quarter-on-quarter, aligning with the annual rise of 21.34 %. Operating profit, while down -6.4 % compared to last year, faced a quarter-on-quarter dip of -16.6 %, 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 -2.05 %, but a shrinkage of -2.71 % sequentially. Other income rose by 116.52 % compared to the last quarter, despite an annual growth of 4607.41 %. Interest expenses dropped significantly by -16.25 % from the previous quarter, yet the year-over-year increase remains at a moderate 15.66 %. Depreciation costs fell by -10.22 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -8.37 %. Profit before tax grew annually by 38.49 % but saw an increase from the preceding quarter by 15.94 %.
Tax expenses as a percentage of profits decreased slightly by -0.01 % compared to last year, with a more notable quarter-on-quarter decrease of -0.18 %. Net profit rose by 38.51 % year-on-year but experienced a 16.22 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -59.01 % but a quarterly rise of 15.79 %. In summary, Pennar Industries 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. 555.79 Cr Rs. 584.66 Cr Rs. 659.38 Cr + 12.78 % + 18.64 %
Expenses Rs. 501.69 Cr Rs. 523.94 Cr Rs. 608.74 Cr + 16.19 % + 21.34 %
Operating Profit Rs. 54.1 Cr Rs. 60.72 Cr Rs. 50.64 Cr -16.6 % -6.4 %
Net Profit Rs. 12.88 Cr Rs. 15.35 Cr Rs. 17.84 Cr + 16.22 % + 38.51 %
EPS in Rs Rs. 3.22 Rs. 1.14 Rs. 1.32 + 15.79 % -59.01 %


In reviewing Pennar Industries Ltd.,’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 18.64 % year-on-year growth, however, there was a minor increase of 12.78 % from the previous quarter. Expenses rose by 21.34 % compared to the previous year, with a 16.19 % increase quarter-on-quarter. Operating Profit dropped by -6.4 % annually, and saw a -16.6 % decrease from the last quarter.
Net Profit showed yearly increase of 38.51 %, and experienced a 16.22 % increase from the previous quarter. Earnings Per Share (EPS) fell by -59.01 % annually, however rose by 15.79 % compared to the last quarter. In essence, while Pennar Industries Ltd., 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.

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