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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’s sales declined by -3.79 % over the year, substantial increase in net sales/revenue by 4.83 %.
- 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 66.67 %. Marginal decrease of -72.22% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Polycon International Ltd.. Profit dropped by -28.48 % Year to Year, Polycon International Ltd.’s profitability dropped by -159.75 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -29.17 % Year to Year. EPS decreased by -159.65 % 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. 6.073 Cr | Rs. 5.574 Cr | Rs. 5.843 Cr | + 4.83 % | -3.79 % |
| Expenses | Rs. 5.77 Cr | Rs. 4.25 Cr | Rs. 5.32 Cr | + 25.18 % | -7.8 % |
| Operating Profit | Rs. 0.3 Cr | Rs. 1.32 Cr | Rs. 0.52 Cr | -60.61 % | + 73.33 % |
| OPM % | 4.94 % | 23.68 % | 8.9 % | -14.78 % | + 3.96 % |
| Other Income | Rs. 0.003 Cr | Rs. 0.018 Cr | Rs. 0.005 Cr | -72.22 % | + 66.67 % |
| Interest | Rs. 0.52 Cr | Rs. 0.54 Cr | Rs. 0.54 Cr | + 0 % | + 3.85 % |
| Depreciation | Rs. 0.25 Cr | Rs. 0.28 Cr | Rs. 0.32 Cr | + 14.29 % | + 28 % |
| Profit before tax | Rs. -0.47 Cr | Rs. 0.52 Cr | Rs. -0.34 Cr | -165.38 % | + 27.66 % |
| Tax % | -0 % | 6.68 % | -0 % | -6.68 % | 0 % |
| Net Profit | Rs. -0.47 Cr | Rs. 0.56 Cr | Rs. -0.33 Cr | -158.93 % | + 29.79 % |
| EPS in Rs | Rs. -0.96 | Rs. 1.14 | Rs. -0.68 | -159.65 % | + 29.17 % |
Today, we’re looking at Polycon International Ltd.’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -3.79 %. However, it did see a marginal increase of 4.83 % from the previous quarter. Expenses ticked up slightly by 25.18 % quarter-on-quarter, aligning with the annual decline of -7.8 %. Operating profit, while up 73.33 % compared to last year, faced a quarter-on-quarter dip of -60.61 %, 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 3.96 %, but a shrinkage of -14.78 % sequentially. Other income fell by -72.22 % compared to the last quarter, despite an annual growth of 66.67 %. Interest expenses surged remarkably by 0 % from the previous quarter, yet the year-over-year increase remains at a moderate 3.85 %. Depreciation costs climbed by 14.29 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 28 %. Profit before tax grew annually by 27.66 % but saw a reduction from the preceding quarter by -165.38 %.
with a more notable quarter-on-quarter decrease of -6.68 %. Net profit rose by 29.79 % year-on-year but witnessed a -158.93 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 29.17 % but a quarterly fall of -159.65 %. In summary, Polycon International 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. 6.073 Cr | Rs. 5.574 Cr | Rs. 5.843 Cr | + 4.83 % | -3.79 % |
| Expenses | Rs. 5.77 Cr | Rs. 4.25 Cr | Rs. 5.32 Cr | + 25.18 % | -7.8 % |
| Operating Profit | Rs. 0.3 Cr | Rs. 1.32 Cr | Rs. 0.52 Cr | -60.61 % | + 73.33 % |
| Net Profit | Rs. -0.47 Cr | Rs. 0.56 Cr | Rs. -0.33 Cr | -158.93 % | + 29.79 % |
| EPS in Rs | Rs. -0.96 | Rs. 1.14 | Rs. -0.68 | -159.65 % | + 29.17 % |
In reviewing Polycon International Ltd.’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -3.79 % year-on-year, however, there was a minor increase of 4.83 % from the previous quarter. Expenses decreased by -7.8 % compared to the previous year, with a 25.18 % increase quarter-on-quarter. Operating Profit surged by 73.33 % annually, and saw a -60.61 % decrease from the last quarter.
Net Profit showed yearly increase of 29.79 %, and experienced a -158.93 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 29.17 % annually, however dipped by -159.65 % compared to the last quarter. In essence, while Polycon International 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.
