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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’s sales declined by -58.59 % over the year, decrease in net sales/revenue by -60.81 %.
- 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 476.09 %. Marginal decrease of -51.11% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Poojawestern Metaliks Limited. Profit dropped by -40.29 % Year to Year, Poojawestern Metaliks Limited’s profitability dropped by -30.07 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -40.43 % Year to Year. EPS decreased by -30 % 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. 15.157 Cr | Rs. 16.013 Cr | Rs. 6.276 Cr | -60.81 % | -58.59 % |
Expenses | Rs. 14.08 Cr | Rs. 14.99 Cr | Rs. 5.62 Cr | -62.51 % | -60.09 % |
Operating Profit | Rs. 1.08 Cr | Rs. 1.02 Cr | Rs. 0.66 Cr | -35.29 % | -38.89 % |
OPM % | 7.13 % | 6.37 % | 10.52 % | + 4.15 % | + 3.39 % |
Other Income | Rs. 0.046 Cr | Rs. 0.542 Cr | Rs. 0.265 Cr | -51.11 % | + 476.09 % |
Interest | Rs. 0.31 Cr | Rs. 0.49 Cr | Rs. 0.31 Cr | -36.73 % | + 0 % |
Depreciation | Rs. 0.26 Cr | Rs. 0.27 Cr | Rs. 0.25 Cr | -7.41 % | -3.85 % |
Profit before tax | Rs. 0.56 Cr | Rs. 0.8 Cr | Rs. 0.37 Cr | -53.75 % | -33.93 % |
Tax % | 12.91 % | 49.57 % | 21.92 % | -27.65 % | + 9.01 % |
Net Profit | Rs. 0.48 Cr | Rs. 0.41 Cr | Rs. 0.29 Cr | -29.27 % | -39.58 % |
EPS in Rs | Rs. 0.47 | Rs. 0.4 | Rs. 0.28 | -30 % | -40.43 % |
Today, we’re looking at Poojawestern Metaliks Limited’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -58.59 %. However, it did see a marginal slip of -60.81 % from the previous quarter. Expenses decreased slightly by -62.51 % quarter-on-quarter, aligning with the annual decline of -60.09 %. Operating profit, while down -38.89 % compared to last year, faced a quarter-on-quarter dip of -35.29 %, 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 3.39 %, but an expansion of 4.15 % sequentially. Other income fell by -51.11 % compared to the last quarter, despite an annual growth of 476.09 %. Interest expenses dropped significantly by -36.73 % from the previous quarter, yet the year-over-year increase remains at a moderate 0 %. Depreciation costs fell by -7.41 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -3.85 %. Profit before tax declined annually by -33.93 % but saw a reduction from the preceding quarter by -53.75 %.
Tax expenses as a percentage of profits increased slightly by 9.01 % compared to last year, with a more notable quarter-on-quarter decrease of -27.65 %. Net profit fell by -39.58 % year-on-year but witnessed a -29.27 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -40.43 % but a quarterly fall of -30 %. In summary, Poojawestern Metaliks 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. 15.157 Cr | Rs. 16.013 Cr | Rs. 6.276 Cr | -60.81 % | -58.59 % |
Expenses | Rs. 14.08 Cr | Rs. 14.99 Cr | Rs. 5.62 Cr | -62.51 % | -60.09 % |
Operating Profit | Rs. 1.08 Cr | Rs. 1.02 Cr | Rs. 0.66 Cr | -35.29 % | -38.89 % |
Net Profit | Rs. 0.48 Cr | Rs. 0.41 Cr | Rs. 0.29 Cr | -29.27 % | -39.58 % |
EPS in Rs | Rs. 0.47 | Rs. 0.4 | Rs. 0.28 | -30 % | -40.43 % |
In reviewing Poojawestern Metaliks Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -58.59 % year-on-year, although there was a slight dip of -60.81 % from the previous quarter. Expenses decreased by -60.09 % compared to the previous year, with a decrease of -62.51 % quarter-on-quarter. Operating Profit dropped by -38.89 % annually, and saw a -35.29 % decrease from the last quarter.
Net Profit showed yearly decrease of -39.58 %, and experienced a -29.27 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -40.43 % annually, however dipped by -30 % compared to the last quarter. In essence, while Poojawestern Metaliks Limited faces strong annual decline 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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