Share the post "PORWAL AUTO COMPONENTS ‘s Q2 Report: Revenue Falls by 1.97% YoY"
Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company’s sales declined by -1.97 % over the year, decrease in net sales/revenue by -2.48 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -54.06 %, Marginal increase in other income during this quarter, up by 805%.
- Profit over the Year and quarter: Challenges in sustaining profitability for PORWAL AUTO COMPONENTS LIMITED. Profit dropped by -264.85 % Year to Year, PORWAL AUTO COMPONENTS LIMITED’s profitability dropped by -316.83 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -264.44 % Year to Year. EPS decreased by -317.65 % 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. 34.286 Cr | Rs. 34.465 Cr | Rs. 33.611 Cr | -2.48 % | -1.97 % |
Expenses | Rs. 31.9 Cr | Rs. 32.25 Cr | Rs. 33.26 Cr | + 3.13 % | + 4.26 % |
Operating Profit | Rs. 2.39 Cr | Rs. 2.22 Cr | Rs. 0.35 Cr | -84.23 % | -85.36 % |
OPM % | 6.97 % | 6.44 % | 1.04 % | -5.4 % | -5.93 % |
Other Income | Rs. 0.394 Cr | Rs. 0.02 Cr | Rs. 0.181 Cr | + 805 % | -54.06 % |
Interest | Rs. 0.58 Cr | Rs. 0.45 Cr | Rs. 0.37 Cr | -17.78 % | -36.21 % |
Depreciation | Rs. 1.52 Cr | Rs. 1.27 Cr | Rs. 1.28 Cr | + 0.79 % | -15.79 % |
Profit before tax | Rs. 0.68 Cr | Rs. 0.52 Cr | Rs. -1.12 Cr | -315.38 % | -264.71 % |
Tax % | 0 % | 0 % | -0 % | 0 % | 0 % |
Net Profit | Rs. 0.68 Cr | Rs. 0.52 Cr | Rs. -1.12 Cr | -315.38 % | -264.71 % |
EPS in Rs | Rs. 0.45 | Rs. 0.34 | Rs. -0.74 | -317.65 % | -264.44 % |
Today, we’re looking at PORWAL AUTO COMPONENTS LIMITED’s financial performance for the Q2(Sep 2024-25).Starting with the top line, the company reported a significant year-over-year sales decline of -1.97 %. However, it did see a marginal slip of -2.48 % from the previous quarter. Expenses ticked up slightly by 3.13 % quarter-on-quarter, aligning with the annual rise of 4.26 %. Operating profit, while down -85.36 % compared to last year, faced a quarter-on-quarter dip of -84.23 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -5.93 %, but a shrinkage of -5.4 % sequentially. Other income rose by 805 % compared to the last quarter, despite an annual decline of -54.06 %. Interest expenses dropped significantly by -17.78 % from the previous quarter, yet the year-over-year decrease remains at a moderate -36.21 %. Depreciation costs climbed by 0.79 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -15.79 %. Profit before tax declined annually by -264.71 % but saw a reduction from the preceding quarter by -315.38 %.
Net profit fell by -264.71 % year-on-year but witnessed a -315.38 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -264.44 % but a quarterly fall of -317.65 %. 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. 34.286 Cr | Rs. 34.465 Cr | Rs. 33.611 Cr | -2.48 % | -1.97 % |
Expenses | Rs. 31.9 Cr | Rs. 32.25 Cr | Rs. 33.26 Cr | + 3.13 % | + 4.26 % |
Operating Profit | Rs. 2.39 Cr | Rs. 2.22 Cr | Rs. 0.35 Cr | -84.23 % | -85.36 % |
Net Profit | Rs. 0.68 Cr | Rs. 0.52 Cr | Rs. -1.12 Cr | -315.38 % | -264.71 % |
EPS in Rs | Rs. 0.45 | Rs. 0.34 | Rs. -0.74 | -317.65 % | -264.44 % |
In reviewing PORWAL AUTO COMPONENTS LIMITED’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -1.97 % year-on-year, although there was a slight dip of -2.48 % from the previous quarter. Expenses rose by 4.26 % compared to the previous year, with a 3.13 % increase quarter-on-quarter. Operating Profit dropped by -85.36 % annually, and saw a -84.23 % decrease from the last quarter.
Net Profit showed yearly decrease of -264.71 %, and experienced a -315.38 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -264.44 % annually, however dipped by -317.65 % compared to the last quarter. In essence, while PORWAL AUTO COMPONENTS 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.
[my_shortcode1 values=”PORWAL AUTO COMPONENTS LIMITED”]