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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 16.9 % in the past year, substantial increase in net sales/revenue by 2.62 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -97.59 %,
- Profit over the Year and quarter: Challenges in sustaining profitability for Pilani Investment And Industries Corporation Limited. Profit dropped by -58.13 % Year to Year, Pilani Investment And Industries Corporation Limited’s profitability dropped by -43.38 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -58.13 % Year to Year. EPS decreased by -43.38 % 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. 54.128 Cr | Rs. 61.658 Cr | Rs. 63.275 Cr | + 2.62 % | + 16.9 % |
Expenses | Rs. 2.64 Cr | Rs. 4.78 Cr | Rs. 1.08 Cr | -77.41 % | -59.09 % |
Operating Profit | Rs. 51.49 Cr | Rs. 56.88 Cr | Rs. 62.2 Cr | + 9.35 % | + 20.8 % |
OPM % | 95.13 % | 92.25 % | 98.3 % | + 6.05 % | + 3.17 % |
Other Income | Rs. 48.88 Cr | Rs. 27.58 Cr | Rs. 1.18 Cr | -95.72 % | -97.59 % |
Interest | Rs. 15.69 Cr | Rs. 18.77 Cr | Rs. 21.76 Cr | + 15.93 % | + 38.69 % |
Depreciation | Rs. 0.07 Cr | Rs. 0.06 Cr | Rs. 0.06 Cr | + 0 % | -14.29 % |
Profit before tax | Rs. 84.61 Cr | Rs. 65.63 Cr | Rs. 41.56 Cr | -36.68 % | -50.88 % |
Tax % | 26.1 % | 26.58 % | 25.06 % | -1.52 % | -1.04 % |
Net Profit | Rs. 75.08 Cr | Rs. 55.52 Cr | Rs. 31.44 Cr | -43.37 % | -58.12 % |
EPS in Rs | Rs. 67.8 | Rs. 50.14 | Rs. 28.39 | -43.38 % | -58.13 % |
Today, we’re looking at Pilani Investment And Industries Corporation 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 16.9 %. However, it did see a marginal increase of 2.62 % from the previous quarter. Expenses decreased slightly by -77.41 % quarter-on-quarter, aligning with the annual decline of -59.09 %. Operating profit, while up 20.8 % compared to last year, faced a quarter-on-quarter increase of 9.35 %, 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 3.17 %, but an expansion of 6.05 % sequentially. Other income fell by -95.72 % compared to the last quarter, despite an annual decline of -97.59 %. Interest expenses surged remarkably by 15.93 % from the previous quarter, yet the year-over-year increase remains at a moderate 38.69 %. Depreciation costs climbed by 0 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -14.29 %. Profit before tax declined annually by -50.88 % but saw a reduction from the preceding quarter by -36.68 %.
Tax expenses as a percentage of profits decreased slightly by -1.04 % compared to last year, with a more notable quarter-on-quarter decrease of -1.52 %. Net profit fell by -58.12 % year-on-year but witnessed a -43.37 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -58.13 % but a quarterly fall of -43.38 %. In summary, Pilani Investment And Industries Corporation 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. 54.128 Cr | Rs. 61.658 Cr | Rs. 63.275 Cr | + 2.62 % | + 16.9 % |
Expenses | Rs. 2.64 Cr | Rs. 4.78 Cr | Rs. 1.08 Cr | -77.41 % | -59.09 % |
Operating Profit | Rs. 51.49 Cr | Rs. 56.88 Cr | Rs. 62.2 Cr | + 9.35 % | + 20.8 % |
Net Profit | Rs. 75.08 Cr | Rs. 55.52 Cr | Rs. 31.44 Cr | -43.37 % | -58.12 % |
EPS in Rs | Rs. 67.8 | Rs. 50.14 | Rs. 28.39 | -43.38 % | -58.13 % |
In reviewing Pilani Investment And Industries Corporation Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 16.9 % year-on-year growth, however, there was a minor increase of 2.62 % from the previous quarter. Expenses decreased by -59.09 % compared to the previous year, with a decrease of -77.41 % quarter-on-quarter. Operating Profit surged by 20.8 % annually, and saw a 9.35 % increase from the last quarter.
Net Profit showed yearly decrease of -58.12 %, and experienced a -43.37 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -58.13 % annually, however dipped by -43.38 % compared to the last quarter. In essence, while Pilani Investment And Industries Corporation 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.