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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 29.99 % in the past year, substantial increase in net sales/revenue by 102.41 %.
- 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 15.38 %. Marginal decrease of -72.95% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for PG Electroplast Limited. Notable increase of 73.16 % in net profit Year to Year, PG Electroplast Limited’s profitability increased by 262.64 % in this quarter.
- EPS over the Year and quarter: EPS increased by 52.14 % Year to Year. EPS increased by 286.61 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 828.225 Cr | Rs. 531.885 Cr | Rs. 1076.573 Cr | + 102.41 % | + 29.99 % |
Expenses | Rs. 752.49 Cr | Rs. 489.92 Cr | Rs. 960.11 Cr | + 95.97 % | + 27.59 % |
Operating Profit | Rs. 75.74 Cr | Rs. 41.97 Cr | Rs. 116.46 Cr | + 177.48 % | + 53.76 % |
OPM % | 9.14 % | 7.89 % | 10.82 % | + 2.93 % | + 1.68 % |
Other Income | Rs. 1.17 Cr | Rs. 4.99 Cr | Rs. 1.35 Cr | -72.95 % | + 15.38 % |
Interest | Rs. 17.59 Cr | Rs. 9.73 Cr | Rs. 15.76 Cr | + 61.97 % | -10.4 % |
Depreciation | Rs. 10.46 Cr | Rs. 11.28 Cr | Rs. 13.57 Cr | + 20.3 % | + 29.73 % |
Profit before tax | Rs. 48.86 Cr | Rs. 25.95 Cr | Rs. 88.48 Cr | + 240.96 % | + 81.09 % |
Tax % | 17.78 % | 25.99 % | 20.92 % | -5.07 % | + 3.14 % |
Net Profit | Rs. 40.17 Cr | Rs. 19.18 Cr | Rs. 69.55 Cr | + 262.62 % | + 73.14 % |
EPS in Rs | Rs. 17.47 | Rs. 7.05 | Rs. 27.44 | + 289.22 % | + 57.07 % |
Today, we’re looking at PG Electroplast 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 29.99 %. However, it did see a marginal increase of 102.41 % from the previous quarter. Expenses ticked up slightly by 95.97 % quarter-on-quarter, aligning with the annual rise of 27.59 %. Operating profit, while up 53.76 % compared to last year, faced a quarter-on-quarter increase of 177.48 %, 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 1.68 %, but an expansion of 2.93 % sequentially. Other income fell by -72.95 % compared to the last quarter, despite an annual growth of 15.38 %. Interest expenses surged remarkably by 61.97 % from the previous quarter, yet the year-over-year decrease remains at a moderate -10.4 %. Depreciation costs climbed by 20.3 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 29.73 %. Profit before tax grew annually by 81.09 % but saw an increase from the preceding quarter by 240.96 %.
Tax expenses as a percentage of profits increased slightly by 3.14 % compared to last year, with a more notable quarter-on-quarter decrease of -5.07 %. Net profit rose by 73.14 % year-on-year but experienced a 262.62 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 57.07 % but a quarterly rise of 289.22 %. In summary, PG Electroplast 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. 828.225 Cr | Rs. 531.885 Cr | Rs. 1076.573 Cr | + 102.41 % | + 29.99 % |
Expenses | Rs. 752.49 Cr | Rs. 489.92 Cr | Rs. 960.11 Cr | + 95.97 % | + 27.59 % |
Operating Profit | Rs. 75.74 Cr | Rs. 41.97 Cr | Rs. 116.46 Cr | + 177.48 % | + 53.76 % |
Net Profit | Rs. 40.17 Cr | Rs. 19.18 Cr | Rs. 69.55 Cr | + 262.62 % | + 73.14 % |
EPS in Rs | Rs. 17.47 | Rs. 7.05 | Rs. 27.44 | + 289.22 % | + 57.07 % |
In reviewing PG Electroplast Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 29.99 % year-on-year growth, however, there was a minor increase of 102.41 % from the previous quarter. Expenses rose by 27.59 % compared to the previous year, with a 95.97 % increase quarter-on-quarter. Operating Profit surged by 53.76 % annually, and saw a 177.48 % increase from the last quarter.
Net Profit showed yearly increase of 73.14 %, and experienced a 262.62 % increase from the previous quarter. Earnings Per Share (EPS) rose by 57.07 % annually, however rose by 289.22 % compared to the last quarter. In essence, while PG Electroplast 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.