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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 experienced a substantial growth of 12.83 % in the past year, decrease in net sales/revenue by -33.48 %.
- 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 34.43 %. Marginal decrease of -7.87% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Photoquip India Ltd.. Profit dropped by -88.05 % Year to Year, Photoquip India Ltd.’s profitability dropped by -117.75 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -90.53 % Year to Year. EPS decreased by -115.65 % 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. 3.43 Cr | Rs. 5.818 Cr | Rs. 3.87 Cr | -33.48 % | + 12.83 % |
| Expenses | Rs. 3.88 Cr | Rs. 4.79 Cr | Rs. 3.58 Cr | -25.26 % | -7.73 % |
| Operating Profit | Rs. -0.45 Cr | Rs. 1.03 Cr | Rs. 0.29 Cr | -71.84 % | + 164.44 % |
| OPM % | -13.12 % | 17.7 % | 7.49 % | -10.21 % | + 20.61 % |
| Other Income | Rs. 0.061 Cr | Rs. 0.089 Cr | Rs. 0.082 Cr | -7.87 % | + 34.43 % |
| Interest | Rs. 0.25 Cr | Rs. 0.24 Cr | Rs. 0.23 Cr | -4.17 % | -8 % |
| Depreciation | Rs. 0.15 Cr | Rs. 0.15 Cr | Rs. 0.16 Cr | + 6.67 % | + 6.67 % |
| Profit before tax | Rs. -0.79 Cr | Rs. 0.73 Cr | Rs. -0.02 Cr | -102.74 % | + 97.47 % |
| Tax % | -16.48 % | 16.58 % | -633.33 % | -649.91 % | -616.85 % |
| Net Profit | Rs. -0.91 Cr | Rs. 0.61 Cr | Rs. -0.11 Cr | -118.03 % | + 87.91 % |
| EPS in Rs | Rs. -1.9 | Rs. 1.15 | Rs. -0.18 | -115.65 % | + 90.53 % |
Today, we’re looking at Photoquip India Ltd.’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 12.83 %. However, it did see a marginal slip of -33.48 % from the previous quarter. Expenses decreased slightly by -25.26 % quarter-on-quarter, aligning with the annual decline of -7.73 %. Operating profit, while up 164.44 % compared to last year, faced a quarter-on-quarter dip of -71.84 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 20.61 %, but a shrinkage of -10.21 % sequentially. Other income fell by -7.87 % compared to the last quarter, despite an annual growth of 34.43 %. Interest expenses dropped significantly by -4.17 % from the previous quarter, yet the year-over-year decrease remains at a moderate -8 %. Depreciation costs climbed by 6.67 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 6.67 %. Profit before tax grew annually by 97.47 % but saw a reduction from the preceding quarter by -102.74 %.
Tax expenses as a percentage of profits decreased slightly by -616.85 % compared to last year, with a more notable quarter-on-quarter decrease of -649.91 %. Net profit rose by 87.91 % year-on-year but witnessed a -118.03 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 90.53 % but a quarterly fall of -115.65 %. In summary, Photoquip India 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. 3.43 Cr | Rs. 5.818 Cr | Rs. 3.87 Cr | -33.48 % | + 12.83 % |
| Expenses | Rs. 3.88 Cr | Rs. 4.79 Cr | Rs. 3.58 Cr | -25.26 % | -7.73 % |
| Operating Profit | Rs. -0.45 Cr | Rs. 1.03 Cr | Rs. 0.29 Cr | -71.84 % | + 164.44 % |
| Net Profit | Rs. -0.91 Cr | Rs. 0.61 Cr | Rs. -0.11 Cr | -118.03 % | + 87.91 % |
| EPS in Rs | Rs. -1.9 | Rs. 1.15 | Rs. -0.18 | -115.65 % | + 90.53 % |
In reviewing Photoquip India Ltd.’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 12.83 % year-on-year growth, although there was a slight dip of -33.48 % from the previous quarter. Expenses decreased by -7.73 % compared to the previous year, with a decrease of -25.26 % quarter-on-quarter. Operating Profit surged by 164.44 % annually, and saw a -71.84 % decrease from the last quarter.
Net Profit showed yearly increase of 87.91 %, and experienced a -118.03 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 90.53 % annually, however dipped by -115.65 % compared to the last quarter. In essence, while Photoquip India 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.
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