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Highlights
- Sales over the Year and quarter: The company’s sales declined by -6.29 % over the year, decrease in net sales/revenue by -16.91 %.
- 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 0 %. Marginal decrease of % in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for PORWAL AUTO COMPONENTS LIMITED. Profit dropped by -206.33 % Year to Year, PORWAL AUTO COMPONENTS LIMITED’s profitability dropped by -12.59 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -206.94 % Year to Year. EPS decreased by -12.5 % 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. 35.584 Cr | Rs. 40.13 Cr | Rs. 33.344 Cr | -16.91 % | -6.29 % |
Expenses | Rs. 35.36 Cr | Rs. 36.58 Cr | Rs. 30.55 Cr | -16.48 % | -13.6 % |
Operating Profit | Rs. 0.22 Cr | Rs. 3.55 Cr | Rs. 2.79 Cr | -21.41 % | + 1168.18 % |
OPM % | 0.62 % | 8.85 % | 8.37 % | -0.48 % | + 7.75 % |
Other Income | Rs. 0.03 Cr | Rs. 0 Cr | Rs. 0.03 Cr | 0 % | + 0 % |
Interest | Rs. 0.77 Cr | Rs. 0.69 Cr | Rs. 0.44 Cr | -36.23 % | -42.86 % |
Depreciation | Rs. 0.57 Cr | Rs. 1.53 Cr | Rs. 1.23 Cr | -19.61 % | + 115.79 % |
Profit before tax | Rs. -1.09 Cr | Rs. 1.33 Cr | Rs. 1.15 Cr | -13.53 % | + 205.5 % |
Tax % | -0 % | 0 % | 0 % | 0 % | 0 % |
Net Profit | Rs. -1.09 Cr | Rs. 1.33 Cr | Rs. 1.16 Cr | -12.78 % | + 206.42 % |
EPS in Rs | Rs. -0.72 | Rs. 0.88 | Rs. 0.77 | -12.5 % | + 206.94 % |
Today, we’re looking at PORWAL AUTO COMPONENTS LIMITED’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -6.29 %. However, it did see a marginal slip of -16.91 % from the previous quarter. Expenses decreased slightly by -16.48 % quarter-on-quarter, aligning with the annual decline of -13.6 %. Operating profit, while up 1168.18 % compared to last year, faced a quarter-on-quarter dip of -21.41 %, 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 7.75 %, but a shrinkage of -0.48 % sequentially. despite an annual growth of 0 %. Interest expenses dropped significantly by -36.23 % from the previous quarter, yet the year-over-year decrease remains at a moderate -42.86 %. Depreciation costs fell by -19.61 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 115.79 %. Profit before tax grew annually by 205.5 % but saw a reduction from the preceding quarter by -13.53 %.
Net profit rose by 206.42 % year-on-year but witnessed a -12.78 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 206.94 % but a quarterly fall of -12.5 %. In summary, PORWAL AUTO COMPONENTS 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. 35.584 Cr | Rs. 40.13 Cr | Rs. 33.344 Cr | -16.91 % | -6.29 % |
Expenses | Rs. 35.36 Cr | Rs. 36.58 Cr | Rs. 30.55 Cr | -16.48 % | -13.6 % |
Operating Profit | Rs. 0.22 Cr | Rs. 3.55 Cr | Rs. 2.79 Cr | -21.41 % | + 1168.18 % |
Net Profit | Rs. -1.09 Cr | Rs. 1.33 Cr | Rs. 1.16 Cr | -12.78 % | + 206.42 % |
EPS in Rs | Rs. -0.72 | Rs. 0.88 | Rs. 0.77 | -12.5 % | + 206.94 % |
In reviewing PORWAL AUTO COMPONENTS LIMITED’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -6.29 % year-on-year, although there was a slight dip of -16.91 % from the previous quarter. Expenses decreased by -13.6 % compared to the previous year, with a decrease of -16.48 % quarter-on-quarter. Operating Profit surged by 1168.18 % annually, and saw a -21.41 % decrease from the last quarter.
Net Profit showed yearly increase of 206.42 %, and experienced a -12.78 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 206.94 % annually, however dipped by -12.5 % compared to the last quarter. In essence, while PORWAL AUTO COMPONENTS LIMITED 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.