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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 45.93 % in the past year, substantial increase in net sales/revenue by 30.15 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -36.8 %, Marginal decrease of -10.94% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Pondy Oxides & Chemicals Limited. Notable increase of 168.23 % in net profit Year to Year, Pondy Oxides & Chemicals Limited’s profitability increased by 17.74 % in this quarter.
- EPS over the Year and quarter: EPS increased by 142.13 % Year to Year. EPS increased by 15.29 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 396.828 Cr | Rs. 444.938 Cr | Rs. 579.109 Cr | + 30.15 % | + 45.93 % |
Expenses | Rs. 381.04 Cr | Rs. 421.96 Cr | Rs. 550.32 Cr | + 30.42 % | + 44.43 % |
Operating Profit | Rs. 15.79 Cr | Rs. 22.98 Cr | Rs. 28.79 Cr | + 25.28 % | + 82.33 % |
OPM % | 3.98 % | 5.16 % | 4.97 % | -0.19 % | + 0.99 % |
Other Income | Rs. 1.095 Cr | Rs. 0.777 Cr | Rs. 0.692 Cr | -10.94 % | -36.8 % |
Interest | Rs. 4.75 Cr | Rs. 2.33 Cr | Rs. 4.09 Cr | + 75.54 % | -13.89 % |
Depreciation | Rs. 3.36 Cr | Rs. 3.57 Cr | Rs. 4.06 Cr | + 13.73 % | + 20.83 % |
Profit before tax | Rs. 8.78 Cr | Rs. 17.86 Cr | Rs. 21.33 Cr | + 19.43 % | + 142.94 % |
Tax % | 35.21 % | 27.43 % | 28.49 % | + 1.06 % | -6.72 % |
Net Profit | Rs. 5.69 Cr | Rs. 12.96 Cr | Rs. 15.26 Cr | + 17.75 % | + 168.19 % |
EPS in Rs | Rs. 4.89 | Rs. 9.92 | Rs. 11.35 | + 14.42 % | + 132.11 % |
Today, we’re looking at Pondy Oxides & Chemicals Limited’s financial performance for the Q2(Sep 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 45.93 %. However, it did see a marginal increase of 30.15 % from the previous quarter. Expenses ticked up slightly by 30.42 % quarter-on-quarter, aligning with the annual rise of 44.43 %. Operating profit, while up 82.33 % compared to last year, faced a quarter-on-quarter increase of 25.28 %, 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 0.99 %, but a shrinkage of -0.19 % sequentially. Other income fell by -10.94 % compared to the last quarter, despite an annual decline of -36.8 %. Interest expenses surged remarkably by 75.54 % from the previous quarter, yet the year-over-year decrease remains at a moderate -13.89 %. Depreciation costs climbed by 13.73 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 20.83 %. Profit before tax grew annually by 142.94 % but saw an increase from the preceding quarter by 19.43 %.
Tax expenses as a percentage of profits decreased slightly by -6.72 % compared to last year, with a more notable quarter-on-quarter increase of 1.06 %. Net profit rose by 168.19 % year-on-year but experienced a 17.75 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 132.11 % but a quarterly rise of 14.42 %. In summary, Pondy Oxides & Chemicals 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. 396.828 Cr | Rs. 444.938 Cr | Rs. 579.109 Cr | + 30.15 % | + 45.93 % |
Expenses | Rs. 381.04 Cr | Rs. 421.96 Cr | Rs. 550.32 Cr | + 30.42 % | + 44.43 % |
Operating Profit | Rs. 15.79 Cr | Rs. 22.98 Cr | Rs. 28.79 Cr | + 25.28 % | + 82.33 % |
Net Profit | Rs. 5.69 Cr | Rs. 12.96 Cr | Rs. 15.26 Cr | + 17.75 % | + 168.19 % |
EPS in Rs | Rs. 4.89 | Rs. 9.92 | Rs. 11.35 | + 14.42 % | + 132.11 % |
In reviewing Pondy Oxides & Chemicals Limited’s 2024(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 45.93 % year-on-year growth, however, there was a minor increase of 30.15 % from the previous quarter. Expenses rose by 44.43 % compared to the previous year, with a 30.42 % increase quarter-on-quarter. Operating Profit surged by 82.33 % annually, and saw a 25.28 % increase from the last quarter.
Net Profit showed yearly increase of 168.19 %, and experienced a 17.75 % increase from the previous quarter. Earnings Per Share (EPS) rose by 132.11 % annually, however rose by 14.42 % compared to the last quarter. In essence, while Pondy Oxides & Chemicals 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.
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