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Piccadily Sugar & Allied Ltd.’s Quarterly Result and Earnings Report for Q4(Mar 2024) : Key Metrics and Growth Analysis

April 25, 2024April 25, 2024| adminadmin| 0 Comments| 9:30 am
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Highlights

  • Sales over the Year and quarter: The company’s sales declined by -73.48% over the yearDecrease in net sales/revenue by -15.79%
  • Income over the Year and quarter: There has been decline in other income over the past year which is -57.02% Marginal increase in other income during this quarter, up by 271.43%.
  • Profit over the Year and quarter: Challenges in sustaining profitability for Piccadily Sugar & Allied Ltd.. Profit dropped by -352.89% Year to YearPiccadily Sugar & Allied Ltd.’s profitability dropped by -160.29% Quarter to Quarter.
  • EPS over the Year and quarter: EPS declined by -357.14% Year to Year.EPS decreased by -161.02%. Analysis needed for shareholder value.

The comprehensive analytics outlining the performance and outlook of Piccadily Sugar & Allied 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. 3.198 Cr Rs. 1.007 Cr Rs. 0.848 Cr -15.79% -73.48%
Expenses Rs. 4.76 Cr Rs. 2.35 Cr Rs. 1.24 Cr -47.23% -73.95%
Operating Profit Rs. -1.56 Cr Rs. -1.34 Cr Rs. -0.39 Cr + 70.9% + 75%
OPM % -48.78 % -133.07 % -45.99 % + 87.08% + 2.79%
Other Income Rs. 1.21 Cr Rs. 0.14 Cr Rs. 0.52 Cr + 271.43% -57.02%
Interest Rs. 0.07 Cr Rs. 0 Cr Rs. 0 Cr + 0% 0%
Depreciation Rs. 0.72 Cr Rs. 0.72 Cr Rs. 0.72 Cr + 0% + 0%
Profit before tax Rs. -1.14 Cr Rs. -1.92 Cr Rs. -0.59 Cr + 69.27% + 48.25%
Tax % -29.4 % -26.53 % 49.79 % + 76.32% + 79.19%
Net Profit Rs. -0.33 Cr Rs. -1.38 Cr Rs. 0.83 Cr + 160.14% + 351.52%
EPS in Rs Rs. -0.14 Rs. -0.59 Rs. 0.36 + 161.02% + 357.14%


Today, we’re looking at Piccadily Sugar & Allied Ltd.’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -73.48%. However, it did see a marginal slip of -15.79% from the previous quarter.Expenses decreased slightly by -47.23% quarter-on-quarter, aligning with the annual decline of -73.95%. Operating profit, while up 75% compared to last year, faced a quarter-on-quarter increase of 70.9%, 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 2.79%, but an expansion of 87.08% sequentially. Other income rose by 271.43% compared to the last quarter,despite an annual decline of -57.02%. Interest expenses surged remarkably by 41.67% from the previous quarter, yet the year-over-year decrease remains at a moderate -45.16%. Depreciation costs climbed by 0% quarter-on-quarter, whereas on an annual scale, they saw an increase of 0%. Profit before tax grew annually by 48.25% but saw an increase from the preceding quarter by 69.27%.
Tax expenses as a percentage of profits increased slightly by 79.19% compared to last year, with a more notable quarter-on-quarter increase of 76.32%. Net profit rose by 351.52% year-on-year but experienced a 160.14% expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 357.14% but a quarterly rise of 161.02%. In summary, Piccadily Sugar & Allied 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. 3.198 Cr Rs. 1.007 Cr Rs. 0.848 Cr -15.79% -73.48%
Expenses Rs. 4.76 Cr Rs. 2.35 Cr Rs. 1.24 Cr -47.23% -73.95%
Operating Profit Rs. -1.56 Cr Rs. -1.34 Cr Rs. -0.39 Cr + 70.9% + 75%
Net Profit Rs. -0.33 Cr Rs. -1.38 Cr Rs. 0.83 Cr + 160.14% + 351.52%
EPS in Rs Rs. -0.14 Rs. -0.59 Rs. 0.36 + 161.02% + 357.14%


In reviewing Piccadily Sugar & Allied Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -73.48% year-on-year, although there was a slight dip of -15.79% from the previous quarter.Expenses decreased by -73.95% compared to the previous year, with a decrease of -47.23% quarter-on-quarter. Operating Profit surged by 75% annually, and saw a 70.9% increase from the last quarter.
Net Profit showed yearly increase of 351.52%, and experienced a 160.14% increase from the previous quarter. Earnings Per Share (EPS) rose by 357.14% annually, however rose by 161.02% compared to the last quarter. In essence, while Piccadily Sugar & Allied 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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