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Piccadily Agro Industries ltd.’s Quarterly Result and Earnings Report for Q4(Mar 2024) : Key Metrics and Growth Analysis

April 25, 2024April 25, 2024| adminadmin| 0 Comments| 11:15 am
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Highlights

  • Sales over the Year and quarter: The company experienced a substantial growth of 36.88% in the past year Substantial increase in net sales/revenue by 48.30%.
  • 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 165.22%Marginal increase in other income during this quarter, up by 577.78%.
  • Profit over the Year and quarter: Significant improvement in profitability for Piccadily Agro Industries ltd.. Notable increase of 584.67% in net profit Year to YearPiccadily Agro Industries ltd.’s profitability dropped by -3.98% Quarter to Quarter.
  • EPS over the Year and quarter: EPS increased by 588.06% Year to Year.EPS decreased by -3.76%. Analysis needed for shareholder value.

The comprehensive analytics outlining the performance and outlook of Piccadily Agro 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. 207.913 Cr Rs. 191.905 Cr Rs. 284.591 Cr + 48.3% + 36.88%
Expenses Rs. 191.64 Cr Rs. 157.17 Cr Rs. 217.36 Cr + 38.3% + 13.42%
Operating Profit Rs. 16.27 Cr Rs. 34.74 Cr Rs. 67.23 Cr + 93.52% + 313.21%
OPM % 7.83 % 18.1 % 23.62 % + 5.52% + 15.79%
Other Income Rs. 0.23 Cr Rs. 0.09 Cr Rs. 0.61 Cr + 577.78% + 165.22%
Interest Rs. 2.61 Cr Rs. 3.23 Cr Rs. 4.22 Cr + 30.65% + 61.69%
Depreciation Rs. 3.96 Cr Rs. 3.7 Cr Rs. 4.02 Cr + 8.65% + 1.52%
Profit before tax Rs. 9.93 Cr Rs. 27.9 Cr Rs. 59.6 Cr + 113.62% + 500.2%
Tax % 36 % 20.85 % 27 % + 6.15% -9%
Net Profit Rs. 6.35 Cr Rs. 45.31 Cr Rs. 43.5 Cr -3.99% + 585.04%
EPS in Rs Rs. 0.67 Rs. 4.79 Rs. 4.61 -3.76% + 588.06%


Today, we’re looking at Piccadily Agro 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 36.88%. However, it did see a marginal increase of 48.3% from the previous quarter.Expenses ticked up slightly by 38.3% quarter-on-quarter, aligning with the annual rise of 13.42%. Operating profit, while up 313.21% compared to last year, faced a quarter-on-quarter increase of 93.52%, 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 15.79%, but an expansion of 5.52% sequentially. Other income rose by 577.78% compared to the last quarter,despite an annual growth of 165.22%. Interest expenses surged remarkably by 30.65% from the previous quarter, yet the year-over-year increase remains at a moderate 61.69%. Depreciation costs climbed by 8.65% quarter-on-quarter, whereas on an annual scale, they saw an increase of 1.52%. Profit before tax grew annually by 500.2% but saw an increase from the preceding quarter by 113.62%.
Tax expenses as a percentage of profits decreased slightly by -9% compared to last year, with a more notable quarter-on-quarter increase of 6.15%. Net profit rose by 585.04% year-on-year but witnessed a -3.99% contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 588.06% but a quarterly fall of -3.76%. In summary, Piccadily Agro 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. 207.913 Cr Rs. 191.905 Cr Rs. 284.591 Cr + 48.3% + 36.88%
Expenses Rs. 191.64 Cr Rs. 157.17 Cr Rs. 217.36 Cr + 38.3% + 13.42%
Operating Profit Rs. 16.27 Cr Rs. 34.74 Cr Rs. 67.23 Cr + 93.52% + 313.21%
Net Profit Rs. 6.35 Cr Rs. 45.31 Cr Rs. 43.5 Cr -3.99% + 585.04%
EPS in Rs Rs. 0.67 Rs. 4.79 Rs. 4.61 -3.76% + 588.06%


In reviewing Piccadily Agro Industries ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 13.62% year-on-year growth, however, there was a minor increase of 48.3% from the previous quarter. Expenses rose by 13.42% compared to the previous year, with a 38.3% increase quarter-on-quarter. Operating Profit surged by 313.21% annually, and saw a 93.52% increase from the last quarter.
Net Profit showed yearly increase of 585.04%, and experienced a -3.99% decrease from the previous quarter.Earnings Per Share (EPS) rose by 588.06% annually, however dipped by -3.76% compared to the last quarter. In essence, while Piccadily Agro 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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