Polycab India : Q4 2024 Quarterly Earnings: YoY Sales Up 29.33. %, QoQ Up 28.83. %

The comprehensive analytics outlining the performance and outlook of Polycab India Limited”s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Today, we’re looking at Polycab India 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 29.33 %. However, it did see a marginal increase of 28.83 % from the previous quarter. Expenses ticked up slightly by 28.09 % quarter-on-quarter, aligning with the annual rise of 30.05 %. Operating profit, while up 24.94 % compared to last year, faced a quarter-on-quarter increase of 33.72 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -0.48 %, but an expansion of 0.5 % sequentially. Other income fell by -24.16 % compared to the last quarter, despite an annual growth of 19.25 %. Interest expenses dropped significantly by -24.29 % from the previous quarter, yet the year-over-year decrease remains at a moderate -13.35 %. Depreciation costs climbed by 6.21 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 22.93 %. Profit before tax grew annually by 26.56 % but saw an increase from the preceding quarter by 32.73 %.
Tax expenses as a percentage of profits decreased slightly by -1.27 % compared to last year, with a more notable quarter-on-quarter decrease of -0.08 %. Net profit rose by 29.19 % year-on-year but experienced a 32.89 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 28.2 % but a quarterly rise of 32.25 %. In summary, Polycab India Limited’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

In reviewing Polycab India Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 29.33 % year-on-year growth, however, there was a minor increase of 28.83 % from the previous quarter. Expenses rose by 30.05 % compared to the previous year, with a 28.09 % increase quarter-on-quarter. Operating Profit surged by 24.94 % annually, and saw a 33.72 % increase from the last quarter.
Net Profit showed yearly increase of 29.19 %, and experienced a 32.89 % increase from the previous quarter. Earnings Per Share (EPS) rose by 28.2 % annually, however rose by 32.25 % compared to the last quarter. In essence, while Polycab India 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.