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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 13.08 % in the past year, substantial increase in net sales/revenue by 8.69 %.
- 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 24.48 %. Marginal increase in other income during this quarter, up by 0%.
- Profit over the Year and quarter: Significant improvement in profitability for Poddar Pigments Limited. Notable increase of 17.33 % in net profit Year to Year, Poddar Pigments Limited’s profitability increased by 22.48 % in this quarter.
- EPS over the Year and quarter: EPS increased by 17.38 % Year to Year. EPS increased by 22.44 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 86.58 Cr | Rs. 90.078 Cr | Rs. 97.906 Cr | + 8.69 % | + 13.08 % |
Expenses | Rs. 76.52 Cr | Rs. 81.07 Cr | Rs. 85.92 Cr | + 5.98 % | + 12.28 % |
Operating Profit | Rs. 10.06 Cr | Rs. 9.01 Cr | Rs. 11.99 Cr | + 33.07 % | + 19.18 % |
OPM % | 11.62 % | 10 % | 12.25 % | + 2.25 % | + 0.63 % |
Other Income | Rs. 1.43 Cr | Rs. 1.78 Cr | Rs. 1.78 Cr | + 0 % | + 24.48 % |
Interest | Rs. 0.08 Cr | Rs. 0.09 Cr | Rs. 0.06 Cr | -33.33 % | -25 % |
Depreciation | Rs. 1.57 Cr | Rs. 1.64 Cr | Rs. 1.8 Cr | + 9.76 % | + 14.65 % |
Profit before tax | Rs. 9.84 Cr | Rs. 9.06 Cr | Rs. 11.91 Cr | + 31.46 % | + 21.04 % |
Tax % | 24.2 % | 21.21 % | 26.52 % | + 5.31 % | + 2.32 % |
Net Profit | Rs. 7.45 Cr | Rs. 7.14 Cr | Rs. 8.75 Cr | + 22.55 % | + 17.45 % |
EPS in Rs | Rs. 7.02 | Rs. 6.73 | Rs. 8.24 | + 22.44 % | + 17.38 % |
Today, we’re looking at Poddar Pigments 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 13.08 %. However, it did see a marginal increase of 8.69 % from the previous quarter. Expenses ticked up slightly by 5.98 % quarter-on-quarter, aligning with the annual rise of 12.28 %. Operating profit, while up 19.18 % compared to last year, faced a quarter-on-quarter increase of 33.07 %, 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 0.63 %, but an expansion of 2.25 % sequentially. Other income rose by 0 % compared to the last quarter, despite an annual growth of 24.48 %. Interest expenses dropped significantly by -33.33 % from the previous quarter, yet the year-over-year decrease remains at a moderate -25 %. Depreciation costs climbed by 9.76 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 14.65 %. Profit before tax grew annually by 21.04 % but saw an increase from the preceding quarter by 31.46 %.
Tax expenses as a percentage of profits increased slightly by 2.32 % compared to last year, with a more notable quarter-on-quarter increase of 5.31 %. Net profit rose by 17.45 % year-on-year but experienced a 22.55 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 17.38 % but a quarterly rise of 22.44 %. In summary, Poddar Pigments 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. 86.58 Cr | Rs. 90.078 Cr | Rs. 97.906 Cr | + 8.69 % | + 13.08 % |
Expenses | Rs. 76.52 Cr | Rs. 81.07 Cr | Rs. 85.92 Cr | + 5.98 % | + 12.28 % |
Operating Profit | Rs. 10.06 Cr | Rs. 9.01 Cr | Rs. 11.99 Cr | + 33.07 % | + 19.18 % |
Net Profit | Rs. 7.45 Cr | Rs. 7.14 Cr | Rs. 8.75 Cr | + 22.55 % | + 17.45 % |
EPS in Rs | Rs. 7.02 | Rs. 6.73 | Rs. 8.24 | + 22.44 % | + 17.38 % |
In reviewing Poddar Pigments Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 13.08 % year-on-year growth, however, there was a minor increase of 8.69 % from the previous quarter. Expenses rose by 12.28 % compared to the previous year, with a 5.98 % increase quarter-on-quarter. Operating Profit surged by 19.18 % annually, and saw a 33.07 % increase from the last quarter.
Net Profit showed yearly increase of 17.45 %, and experienced a 22.55 % increase from the previous quarter. Earnings Per Share (EPS) rose by 17.38 % annually, however rose by 22.44 % compared to the last quarter. In essence, while Poddar Pigments 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.