Share the post "Polychem : Q4 2024 Financial Quarterly Report: YoY Sales Up 33.35 %, QoQ Up 11.95 %"
Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 33.35 % in the past year, substantial increase in net sales/revenue by 11.95 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -66.28 %, Marginal increase in other income during this quarter, up by 20.83%.
- Profit over the Year and quarter: Significant improvement in profitability for Polychem Ltd. Notable increase of 23.81 % in net profit Year to Year, Polychem Ltd’s profitability increased by 39.19 % in this quarter.
- EPS over the Year and quarter: EPS increased by 57.03 % Year to Year. EPS increased by 34.68 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 11.135 Cr | Rs. 13.264 Cr | Rs. 14.849 Cr | + 11.95 % | + 33.35 % |
| Expenses | Rs. 10.28 Cr | Rs. 11.08 Cr | Rs. 12.23 Cr | + 10.38 % | + 18.97 % |
| Operating Profit | Rs. 0.86 Cr | Rs. 2.18 Cr | Rs. 2.62 Cr | + 20.18 % | + 204.65 % |
| OPM % | 7.72 % | 16.44 % | 17.64 % | + 1.2 % | + 9.92 % |
| Other Income | Rs. 1.72 Cr | Rs. 0.48 Cr | Rs. 0.58 Cr | + 20.83 % | -66.28 % |
| Interest | Rs. 0.02 Cr | Rs. 0.04 Cr | Rs. 0.04 Cr | + 0 % | + 100 % |
| Depreciation | Rs. 0.27 Cr | Rs. 0.26 Cr | Rs. 0.26 Cr | + 0 % | -3.7 % |
| Profit before tax | Rs. 2.29 Cr | Rs. 2.36 Cr | Rs. 2.9 Cr | + 22.88 % | + 26.64 % |
| Tax % | 5.75 % | 18.92 % | 7.53 % | -11.39 % | + 1.78 % |
| Net Profit | Rs. 2.16 Cr | Rs. 1.92 Cr | Rs. 2.68 Cr | + 39.58 % | + 24.07 % |
| EPS in Rs | Rs. 37 | Rs. 43.14 | Rs. 58.1 | + 34.68 % | + 57.03 % |
Today, we’re looking at Polychem Ltd’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 33.35 %. However, it did see a marginal increase of 11.95 % from the previous quarter. Expenses ticked up slightly by 10.38 % quarter-on-quarter, aligning with the annual rise of 18.97 %. Operating profit, while up 204.65 % compared to last year, faced a quarter-on-quarter increase of 20.18 %, 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 9.92 %, but an expansion of 1.2 % sequentially. Other income rose by 20.83 % compared to the last quarter, despite an annual decline of -66.28 %. Interest expenses surged remarkably by 0 % from the previous quarter, yet the year-over-year increase remains at a moderate 100 %. Depreciation costs climbed by 0 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -3.7 %. Profit before tax grew annually by 26.64 % but saw an increase from the preceding quarter by 22.88 %.
Tax expenses as a percentage of profits increased slightly by 1.78 % compared to last year, with a more notable quarter-on-quarter decrease of -11.39 %. Net profit rose by 24.07 % year-on-year but experienced a 39.58 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 57.03 % but a quarterly rise of 34.68 %. In summary, Polychem 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. 11.135 Cr | Rs. 13.264 Cr | Rs. 14.849 Cr | + 11.95 % | + 33.35 % |
| Expenses | Rs. 10.28 Cr | Rs. 11.08 Cr | Rs. 12.23 Cr | + 10.38 % | + 18.97 % |
| Operating Profit | Rs. 0.86 Cr | Rs. 2.18 Cr | Rs. 2.62 Cr | + 20.18 % | + 204.65 % |
| Net Profit | Rs. 2.16 Cr | Rs. 1.92 Cr | Rs. 2.68 Cr | + 39.58 % | + 24.07 % |
| EPS in Rs | Rs. 37 | Rs. 43.14 | Rs. 58.1 | + 34.68 % | + 57.03 % |
In reviewing Polychem Ltd’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 33.35 % year-on-year growth, however, there was a minor increase of 11.95 % from the previous quarter. Expenses rose by 18.97 % compared to the previous year, with a 10.38 % increase quarter-on-quarter. Operating Profit surged by 204.65 % annually, and saw a 20.18 % increase from the last quarter.
Net Profit showed yearly increase of 24.07 %, and experienced a 39.58 % increase from the previous quarter. Earnings Per Share (EPS) rose by 57.03 % annually, however rose by 34.68 % compared to the last quarter. In essence, while Polychem 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.
