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Highlights
- Sales over the Year and quarter: The company’s sales declined by -4.11 % over the year, substantial increase in net sales/revenue by 0.8 %.
- 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 66300 %. Marginal increase in other income during this quarter, up by 26.96%.
- Profit over the Year and quarter: Significant improvement in profitability for Pix Transmissions Ltd.,. Notable increase of 27.92 % in net profit Year to Year, Pix Transmissions Ltd.,’s profitability increased by 10.89 % in this quarter.
- EPS over the Year and quarter: EPS increased by 27.89 % Year to Year. EPS increased by 10.88 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 134.473 Cr | Rs. 127.927 Cr | Rs. 128.95 Cr | + 0.8 % | -4.11 % |
Expenses | Rs. 101.61 Cr | Rs. 95.8 Cr | Rs. 98.23 Cr | + 2.54 % | -3.33 % |
Operating Profit | Rs. 32.86 Cr | Rs. 32.13 Cr | Rs. 30.72 Cr | -4.39 % | -6.51 % |
OPM % | 24.44 % | 25.12 % | 23.82 % | -1.3 % | -0.62 % |
Other Income | Rs. 0.01 Cr | Rs. 5.23 Cr | Rs. 6.64 Cr | + 26.96 % | + 66300 % |
Interest | Rs. 1.78 Cr | Rs. 1.11 Cr | Rs. 0.93 Cr | -16.22 % | -47.75 % |
Depreciation | Rs. 5.74 Cr | Rs. 5.85 Cr | Rs. 5.61 Cr | -4.1 % | -2.26 % |
Profit before tax | Rs. 25.35 Cr | Rs. 30.4 Cr | Rs. 30.82 Cr | + 1.38 % | + 21.58 % |
Tax % | 24.68 % | 27.53 % | 20.75 % | -6.78 % | -3.93 % |
Net Profit | Rs. 19.1 Cr | Rs. 22.03 Cr | Rs. 24.43 Cr | + 10.89 % | + 27.91 % |
EPS in Rs | Rs. 14.02 | Rs. 16.17 | Rs. 17.93 | + 10.88 % | + 27.89 % |
Today, we’re looking at Pix Transmissions 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 -4.11 %. However, it did see a marginal increase of 0.8 % from the previous quarter. Expenses ticked up slightly by 2.54 % quarter-on-quarter, aligning with the annual decline of -3.33 %. Operating profit, while down -6.51 % compared to last year, faced a quarter-on-quarter dip of -4.39 %, 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 -0.62 %, but a shrinkage of -1.3 % sequentially. Other income rose by 26.96 % compared to the last quarter, despite an annual growth of 66300 %. Interest expenses dropped significantly by -16.22 % from the previous quarter, yet the year-over-year decrease remains at a moderate -47.75 %. Depreciation costs fell by -4.1 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -2.26 %. Profit before tax grew annually by 21.58 % but saw an increase from the preceding quarter by 1.38 %.
Tax expenses as a percentage of profits decreased slightly by -3.93 % compared to last year, with a more notable quarter-on-quarter decrease of -6.78 %. Net profit rose by 27.91 % year-on-year but experienced a 10.89 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 27.89 % but a quarterly rise of 10.88 %. In summary, Pix Transmissions 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. 134.473 Cr | Rs. 127.927 Cr | Rs. 128.95 Cr | + 0.8 % | -4.11 % |
Expenses | Rs. 101.61 Cr | Rs. 95.8 Cr | Rs. 98.23 Cr | + 2.54 % | -3.33 % |
Operating Profit | Rs. 32.86 Cr | Rs. 32.13 Cr | Rs. 30.72 Cr | -4.39 % | -6.51 % |
Net Profit | Rs. 19.1 Cr | Rs. 22.03 Cr | Rs. 24.43 Cr | + 10.89 % | + 27.91 % |
EPS in Rs | Rs. 14.02 | Rs. 16.17 | Rs. 17.93 | + 10.88 % | + 27.89 % |
In reviewing Pix Transmissions Ltd.,’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -4.11 % year-on-year, however, there was a minor increase of 0.8 % from the previous quarter. Expenses decreased by -3.33 % compared to the previous year, with a 2.54 % increase quarter-on-quarter. Operating Profit dropped by -6.51 % annually, and saw a -4.39 % decrease from the last quarter.
Net Profit showed yearly increase of 27.91 %, and experienced a 10.89 % increase from the previous quarter. Earnings Per Share (EPS) rose by 27.89 % annually, however rose by 10.88 % compared to the last quarter. In essence, while Pix Transmissions 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.