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Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 67.2 % in the past year, substantial increase in net sales/revenue by 18.21 %.
- 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 135.62 %. Marginal increase in other income during this quarter, up by 115%.
- Profit over the Year and quarter: Significant improvement in profitability for POCL ENTERPRISES LTD. Notable increase of 99.68 % in net profit Year to Year, POCL ENTERPRISES LTD’s profitability dropped by -11.88 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 99.82 % Year to Year. EPS decreased by -11.88 % 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. 217.518 Cr | Rs. 307.664 Cr | Rs. 363.69 Cr | + 18.21 % | + 67.2 % |
Expenses | Rs. 210.47 Cr | Rs. 294.56 Cr | Rs. 350.94 Cr | + 19.14 % | + 66.74 % |
Operating Profit | Rs. 7.05 Cr | Rs. 13.1 Cr | Rs. 12.75 Cr | -2.67 % | + 80.85 % |
OPM % | 3.24 % | 4.26 % | 3.51 % | -0.75 % | + 0.27 % |
Other Income | Rs. 0.146 Cr | Rs. 0.16 Cr | Rs. 0.344 Cr | + 115 % | + 135.62 % |
Interest | Rs. 2.66 Cr | Rs. 3.86 Cr | Rs. 4.3 Cr | + 11.4 % | + 61.65 % |
Depreciation | Rs. 0.35 Cr | Rs. 0.68 Cr | Rs. 0.43 Cr | -36.76 % | + 22.86 % |
Profit before tax | Rs. 4.19 Cr | Rs. 8.72 Cr | Rs. 8.36 Cr | -4.13 % | + 99.52 % |
Tax % | 24.75 % | 18.26 % | 24.94 % | + 6.68 % | + 0.19 % |
Net Profit | Rs. 3.15 Cr | Rs. 7.13 Cr | Rs. 6.28 Cr | -11.92 % | + 99.37 % |
EPS in Rs | Rs. 5.64 | Rs. 12.79 | Rs. 11.27 | -11.88 % | + 99.82 % |
Today, we’re looking at POCL ENTERPRISES LTD’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 67.2 %. However, it did see a marginal increase of 18.21 % from the previous quarter. Expenses ticked up slightly by 19.14 % quarter-on-quarter, aligning with the annual rise of 66.74 %. Operating profit, while up 80.85 % compared to last year, faced a quarter-on-quarter dip of -2.67 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 0.27 %, but a shrinkage of -0.75 % sequentially. Other income rose by 115 % compared to the last quarter, despite an annual growth of 135.62 %. Interest expenses surged remarkably by 11.4 % from the previous quarter, yet the year-over-year increase remains at a moderate 61.65 %. Depreciation costs fell by -36.76 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 22.86 %. Profit before tax grew annually by 99.52 % but saw a reduction from the preceding quarter by -4.13 %.
Tax expenses as a percentage of profits increased slightly by 0.19 % compared to last year, with a more notable quarter-on-quarter increase of 6.68 %. Net profit rose by 99.37 % year-on-year but witnessed a -11.92 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 99.82 % but a quarterly fall of -11.88 %. In summary, POCL ENTERPRISES 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. 217.518 Cr | Rs. 307.664 Cr | Rs. 363.69 Cr | + 18.21 % | + 67.2 % |
Expenses | Rs. 210.47 Cr | Rs. 294.56 Cr | Rs. 350.94 Cr | + 19.14 % | + 66.74 % |
Operating Profit | Rs. 7.05 Cr | Rs. 13.1 Cr | Rs. 12.75 Cr | -2.67 % | + 80.85 % |
Net Profit | Rs. 3.15 Cr | Rs. 7.13 Cr | Rs. 6.28 Cr | -11.92 % | + 99.37 % |
EPS in Rs | Rs. 5.64 | Rs. 12.79 | Rs. 11.27 | -11.88 % | + 99.82 % |
In reviewing POCL ENTERPRISES LTD’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 67.2 % year-on-year growth, however, there was a minor increase of 18.21 % from the previous quarter. Expenses rose by 66.74 % compared to the previous year, with a 19.14 % increase quarter-on-quarter. Operating Profit surged by 80.85 % annually, and saw a -2.67 % decrease from the last quarter.
Net Profit showed yearly increase of 99.37 %, and experienced a -11.92 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 99.82 % annually, however dipped by -11.88 % compared to the last quarter. In essence, while POCL ENTERPRISES LTD exhibits strong annual growth indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.