Share the post "PORWAL AUTO COMPONENTS : Q4 2024 Financial Quarterly Report : YoY Sales Down 6.29 %, QoQ Down 16.91 %"
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.
590
3-Year Profit
-1
5-Year Profit
22
10-Year Profit
72.7
Current Price
110
Market Cap
The financial outlook for the company under BSE code 532933 reveals a significant five-year profit of -1 percents. This marks a notable increase to 590 percents over the last three years, indicating a strong upward trend in the company's financial health during this period. However, it's important to note that recent challenges have impacted the company's performance, leading to a trailing twelve-month loss of 846 percents. This sharp decline in profitability is particularly concerning, as the company has also reported no sales across any analyzed timeframe, suggesting a highly unconventional and perhaps risky operational approach. The company's stock prices mirror this financial volatility, with the stock trading at 30 percents over the past five years but experiencing a dramatic drop to 46 percents within the last year. Over a decade, the stock price was at 21 percents, reflecting long-term concerns regarding the company's stability and future outlook. Such performance poses questions about the sustainability of the business and whether it can rebound from these recent setbacks.
Currently valued at ₹110 crore, the company's stock price stands at ₹72.7. Over the years, it has seen significant fluctuations, with its price ranging from ₹83.9 / 22.7, a reflection of its sensitivity to market conditions and investor sentiment. The stock's Price-to-Earnings (P/E) ratio, currently at 30.6, suggests that it is highly valued in comparison to its earnings, possibly indicating strong future growth expectations or a high level of investor confidence. The book value per share is ₹41.6, which represents the net asset value of the company per share. The dividend yield of 0.00% provides some return to investors, though it may not be the primary attraction for those investing in the stock. The company's Return on Capital Employed (ROCE) is 10.0%, pointing to efficient use of its capital base to generate profits. The Return on Equity (ROE), at 5.90%, highlights the profitability for shareholders. The company's financial health is further underscored by its very low debt-to-equity ratio of 0.09, signaling conservative financial management. However, the net cash flow is negative at ₹0.01 crore, indicating possible liquidity concerns or heavy investment. The Piotroski score of 8.00 provides a snapshot of its financial stability, while the Graham Number, estimated at ₹48.8, offers an intrinsic value benchmark. With a Price-to-Book (P/B) ratio of 1.76, the stock seems to be trading at a premium relative to its book value, which could signal strong market expectations or overvaluation risks.
