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Highlights
- The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 15.09 % in the past year, substantial increase in net sales/revenue by 26.4 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -23.72 %, Marginal decrease of -1.78% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for POLYSPIN EXPORTS LIMITED. Profit dropped by -69.42 % Year to Year, POLYSPIN EXPORTS LIMITED’s profitability dropped by -62.51 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -69.41 % Year to Year. EPS decreased by -62.57 % 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. 53.45 Cr | Rs. 48.668 Cr | Rs. 61.518 Cr | + 26.4 % | + 15.09 % |
Expenses | Rs. 50.92 Cr | Rs. 46.08 Cr | Rs. 56.86 Cr | + 23.39 % | + 11.67 % |
Operating Profit | Rs. 2.53 Cr | Rs. 2.59 Cr | Rs. 4.66 Cr | + 79.92 % | + 84.19 % |
OPM % | 4.73 % | 5.32 % | 7.58 % | + 2.26 % | + 2.85 % |
Other Income | Rs. 1.231 Cr | Rs. 0.956 Cr | Rs. 0.939 Cr | -1.78 % | -23.72 % |
Interest | Rs. 0.88 Cr | Rs. 0.97 Cr | Rs. 1.38 Cr | + 42.27 % | + 56.82 % |
Depreciation | Rs. 0.78 Cr | Rs. 0.87 Cr | Rs. 1.05 Cr | + 20.69 % | + 34.62 % |
Profit before tax | Rs. 2.1 Cr | Rs. 1.71 Cr | Rs. 3.17 Cr | + 85.38 % | + 50.95 % |
Tax % | 3.33 % | 31.12 % | 74.54 % | + 43.42 % | + 71.21 % |
Net Profit | Rs. 2.19 Cr | Rs. 1.79 Cr | Rs. 0.67 Cr | -62.57 % | -69.41 % |
EPS in Rs | Rs. 2.19 | Rs. 1.79 | Rs. 0.67 | -62.57 % | -69.41 % |
Today, we’re looking at POLYSPIN EXPORTS LIMITED’s financial performance for the Q2(Sep 2024-25).Starting with the top line, the company reported a robust year-over-year sales growth of 15.09 %. However, it did see a marginal increase of 26.4 % from the previous quarter. Expenses ticked up slightly by 23.39 % quarter-on-quarter, aligning with the annual rise of 11.67 %. Operating profit, while up 84.19 % compared to last year, faced a quarter-on-quarter increase of 79.92 %, 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 2.85 %, but an expansion of 2.26 % sequentially. Other income fell by -1.78 % compared to the last quarter, despite an annual decline of -23.72 %. Interest expenses surged remarkably by 42.27 % from the previous quarter, yet the year-over-year increase remains at a moderate 56.82 %. Depreciation costs climbed by 20.69 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 34.62 %. Profit before tax grew annually by 50.95 % but saw an increase from the preceding quarter by 85.38 %.
Tax expenses as a percentage of profits increased slightly by 71.21 % compared to last year, with a more notable quarter-on-quarter increase of 43.42 %. Net profit fell by -69.41 % year-on-year but witnessed a -62.57 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -69.41 % but a quarterly fall of -62.57 %. In summary, POLYSPIN EXPORTS 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. 53.45 Cr | Rs. 48.668 Cr | Rs. 61.518 Cr | + 26.4 % | + 15.09 % |
Expenses | Rs. 50.92 Cr | Rs. 46.08 Cr | Rs. 56.86 Cr | + 23.39 % | + 11.67 % |
Operating Profit | Rs. 2.53 Cr | Rs. 2.59 Cr | Rs. 4.66 Cr | + 79.92 % | + 84.19 % |
Net Profit | Rs. 2.19 Cr | Rs. 1.79 Cr | Rs. 0.67 Cr | -62.57 % | -69.41 % |
EPS in Rs | Rs. 2.19 | Rs. 1.79 | Rs. 0.67 | -62.57 % | -69.41 % |
In reviewing POLYSPIN EXPORTS LIMITED’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 15.09 % year-on-year growth, however, there was a minor increase of 26.4 % from the previous quarter. Expenses rose by 11.67 % compared to the previous year, with a 23.39 % increase quarter-on-quarter. Operating Profit surged by 84.19 % annually, and saw a 79.92 % increase from the last quarter.
Net Profit showed yearly decrease of -69.41 %, and experienced a -62.57 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -69.41 % annually, however dipped by -62.57 % compared to the last quarter. In essence, while POLYSPIN EXPORTS LIMITED faces strong annual decline indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.
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