Share the post "Pharmaids Pharmaceuticals : Q4 2024 Financial Quarterly Report : QoQ Down 66.67 %"
Highlights
- Sales over the Year and quarter: decrease in net sales/revenue by -66.67 %.
- Income over the Year and quarter: Marginal increase in other income during this quarter, up by 103.33%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Pharmaids Pharmaceuticals Ltd.. Profit dropped by -63.7 % Year to Year, Pharmaids Pharmaceuticals Ltd.’s profitability increased by 36.9 % in this quarter.
- EPS over the Year and quarter: EPS declined by -79.33 % Year to Year. EPS increased by 30.26 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 0 Cr | Rs. 0.021 Cr | Rs. 0.007 Cr | -66.67 % | 0 % |
Expenses | Rs. 8.6 Cr | Rs. 1.32 Cr | Rs. 1.81 Cr | + 37.12 % | -78.95 % |
Operating Profit | Rs. -8.6 Cr | Rs. -1.3 Cr | Rs. -1.8 Cr | -38.46 % | + 79.07 % |
OPM % | 0 % | -6190.48 % | -25714.29 % | -19523.81 % | -25714.29 % |
Other Income | Rs. 0 Cr | Rs. -0.9 Cr | Rs. 0.03 Cr | + 103.33 % | 0 % |
Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 0.29 Cr | 0 % | 0 % |
Depreciation | Rs. 0 Cr | Rs. 0.01 Cr | Rs. 0.05 Cr | + 400 % | 0 % |
Profit before tax | Rs. -8.6 Cr | Rs. -2.21 Cr | Rs. -2.11 Cr | + 4.52 % | + 75.47 % |
Tax % | -28.39 % | -26.06 % | -6.07 % | + 19.99 % | + 22.32 % |
Net Profit | Rs. -6.16 Cr | Rs. -1.63 Cr | Rs. -2.24 Cr | -37.42 % | + 63.64 % |
EPS in Rs | Rs. -4.79 | Rs. -0.73 | Rs. -0.99 | -35.62 % | + 79.33 % |
Today, we’re looking at Pharmaids Pharmaceuticals Ltd.’s financial performance for the Q4(Mar 2024).However, it did see a marginal slip of -66.67 % from the previous quarter. Expenses ticked up slightly by 37.12 % quarter-on-quarter, aligning with the annual decline of -78.95 %. Operating profit, while up 79.07 % compared to last year, faced a quarter-on-quarter dip of -38.46 %, 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 -25714.29 %, but a shrinkage of -19523.81 % sequentially. Other income rose by 103.33 % compared to the last quarter, Depreciation costs climbed by 400 % quarter-on-quarter, Profit before tax grew annually by 75.47 % but saw an increase from the preceding quarter by 4.52 %.
Tax expenses as a percentage of profits increased slightly by 22.32 % compared to last year, with a more notable quarter-on-quarter increase of 19.99 %. Net profit rose by 63.64 % year-on-year but witnessed a -37.42 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 79.33 % but a quarterly fall of -35.62 %. In summary, Pharmaids Pharmaceuticals 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. 0 Cr | Rs. 0.021 Cr | Rs. 0.007 Cr | -66.67 % | 0 % |
Expenses | Rs. 8.6 Cr | Rs. 1.32 Cr | Rs. 1.81 Cr | + 37.12 % | -78.95 % |
Operating Profit | Rs. -8.6 Cr | Rs. -1.3 Cr | Rs. -1.8 Cr | -38.46 % | + 79.07 % |
Net Profit | Rs. -6.16 Cr | Rs. -1.63 Cr | Rs. -2.24 Cr | -37.42 % | + 63.64 % |
EPS in Rs | Rs. -4.79 | Rs. -0.73 | Rs. -0.99 | -35.62 % | + 79.33 % |
In reviewing Pharmaids Pharmaceuticals Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.although there was a slight dip of -66.67 % from the previous quarter. Expenses decreased by -78.95 % compared to the previous year, with a 37.12 % increase quarter-on-quarter. Operating Profit surged by 79.07 % annually, and saw a -38.46 % decrease from the last quarter.
Net Profit showed yearly increase of 63.64 %, and experienced a -37.42 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 79.33 % annually, however dipped by -35.62 % compared to the last quarter. In essence, while Pharmaids Pharmaceuticals Ltd. exhibits strong annual growth indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.