Highlights
- Sales over the Year and quarter: The company’s sales declined by -25.04 % over the year,
- Income over the Year and quarter: There has been decline in other income over the past year which is -9.09 %, Marginal decrease of -9.09% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Pioneer Agro Extracts ltd.. Profit dropped by -314.29 % Year to Year, Pioneer Agro Extracts ltd.’s profitability dropped by -360.87 % Quarter to Quarter.
- EPS over the Year and quarter:
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 1.386 Cr | Rs. 0 Cr | Rs. 1.039 Cr | 0 % | -25.04 % |
| Expenses | Rs. 1.42 Cr | Rs. 0.06 Cr | Rs. 1.25 Cr | + 1983.33 % | -11.97 % |
| Operating Profit | Rs. -0.03 Cr | Rs. -0.06 Cr | Rs. -0.21 Cr | -250 % | -600 % |
| OPM % | -2.16 % | 0 % | -20.21 % | -20.21 % | -18.05 % |
| Other Income | Rs. 0.11 Cr | Rs. 0.11 Cr | Rs. 0.1 Cr | -9.09 % | -9.09 % |
| Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
| Depreciation | Rs. 0.01 Cr | Rs. 0.01 Cr | Rs. 0.01 Cr | + 0 % | + 0 % |
| Profit before tax | Rs. 0.07 Cr | Rs. 0.04 Cr | Rs. -0.12 Cr | -400 % | -271.43 % |
| Tax % | 5.17 % | 0 % | -2.56 % | -2.56 % | -7.73 % |
| Net Profit | Rs. 0.06 Cr | Rs. 0.05 Cr | Rs. -0.12 Cr | -340 % | -300 % |
| EPS in Rs | Rs. 0.13 | Rs. 0.1 | Rs. 0 | 0 % | 0 % |
Today, we’re looking at Pioneer Agro Extracts 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 -25.04 %. Expenses ticked up slightly by 1983.33 % quarter-on-quarter, aligning with the annual decline of -11.97 %. Operating profit, while down -600 % compared to last year, faced a quarter-on-quarter dip of -250 %, 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 -18.05 %, but a shrinkage of -20.21 % sequentially. Other income fell by -9.09 % compared to the last quarter, despite an annual decline of -9.09 %. Depreciation costs climbed by 0 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0 %. Profit before tax declined annually by -271.43 % but saw a reduction from the preceding quarter by -400 %.
Tax expenses as a percentage of profits decreased slightly by -7.73 % compared to last year, with a more notable quarter-on-quarter decrease of -2.56 %. Net profit fell by -300 % year-on-year but witnessed a -340 % contraction from the last quarter. In summary, Pioneer Agro Extracts 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. 1.386 Cr | Rs. 0 Cr | Rs. 1.039 Cr | 0 % | -25.04 % |
| Expenses | Rs. 1.42 Cr | Rs. 0.06 Cr | Rs. 1.25 Cr | + 1983.33 % | -11.97 % |
| Operating Profit | Rs. -0.03 Cr | Rs. -0.06 Cr | Rs. -0.21 Cr | -250 % | -600 % |
| Net Profit | Rs. 0.06 Cr | Rs. 0.05 Cr | Rs. -0.12 Cr | -340 % | -300 % |
| EPS in Rs | Rs. 0.13 | Rs. 0.1 | Rs. 0 | 0 % | 0 % |
In reviewing Pioneer Agro Extracts ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -25.04 % year-on-year, Expenses decreased by -11.97 % compared to the previous year, with a 1983.33 % increase quarter-on-quarter. Operating Profit dropped by -600 % annually, and saw a -250 % decrease from the last quarter.
Net Profit showed yearly decrease of -300 %, and experienced a -340 % decrease from the previous quarter. In essence, while Pioneer Agro Extracts ltd. faces strong annual decline indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.
