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Power Mech Projects : Q4 2024 Financial Quarterly Report : YoY Sales Up 10.85 %, QoQ Up 17.52 %

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Highlights

  • Sales over the Year and quarter: The company experienced a substantial growth of 10.85 % in the past year, substantial increase in net sales/revenue by 17.52 %.
  • 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 98.83 %. Marginal increase in other income during this quarter, up by 67.54%.
  • Profit over the Year and quarter: Significant improvement in profitability for Power Mech Projects Limited. Notable increase of 13.18 % in net profit Year to Year, Power Mech Projects Limited’s profitability increased by 36.04 % in this quarter.
  • EPS over the Year and quarter: EPS increased by 5.97 % Year to Year. EPS increased by 35.41 % in previous quarter. Positive impact on shareholders.

The comprehensive analytics outlining the performance and outlook of Power Mech Projects Limited”s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 1174.104 Cr Rs. 1107.498 Cr Rs. 1301.53 Cr + 17.52 % + 10.85 %
Expenses Rs. 1043.3 Cr Rs. 973.65 Cr Rs. 1151.92 Cr + 18.31 % + 10.41 %
Operating Profit Rs. 130.8 Cr Rs. 133.85 Cr Rs. 149.61 Cr + 11.77 % + 14.38 %
OPM % 11.14 % 12.09 % 11.49 % -0.6 % + 0.35 %
Other Income Rs. 5.14 Cr Rs. 6.1 Cr Rs. 10.22 Cr + 67.54 % + 98.83 %
Interest Rs. 23.53 Cr Rs. 22.88 Cr Rs. 25.68 Cr + 12.24 % + 9.14 %
Depreciation Rs. 12.66 Cr Rs. 11.73 Cr Rs. 12.09 Cr + 3.07 % -4.5 %
Profit before tax Rs. 99.75 Cr Rs. 105.34 Cr Rs. 122.06 Cr + 15.87 % + 22.37 %
Tax % 24.27 % 40.58 % 30.82 % -9.76 % + 6.55 %
Net Profit Rs. 74.58 Cr Rs. 62.05 Cr Rs. 84.41 Cr + 36.04 % + 13.18 %
EPS in Rs Rs. 50.45 Rs. 39.48 Rs. 53.46 + 35.41 % + 5.97 %


Today, we’re looking at Power Mech Projects Limited’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 10.85 %. However, it did see a marginal increase of 17.52 % from the previous quarter. Expenses ticked up slightly by 18.31 % quarter-on-quarter, aligning with the annual rise of 10.41 %. Operating profit, while up 14.38 % compared to last year, faced a quarter-on-quarter increase of 11.77 %, 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 0.35 %, but a shrinkage of -0.6 % sequentially. Other income rose by 67.54 % compared to the last quarter, despite an annual growth of 98.83 %. Interest expenses surged remarkably by 12.24 % from the previous quarter, yet the year-over-year increase remains at a moderate 9.14 %. Depreciation costs climbed by 3.07 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -4.5 %. Profit before tax grew annually by 22.37 % but saw an increase from the preceding quarter by 15.87 %.
Tax expenses as a percentage of profits increased slightly by 6.55 % compared to last year, with a more notable quarter-on-quarter decrease of -9.76 %. Net profit rose by 13.18 % year-on-year but experienced a 36.04 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 5.97 % but a quarterly rise of 35.41 %. In summary, Power Mech Projects 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. 1174.104 Cr Rs. 1107.498 Cr Rs. 1301.53 Cr + 17.52 % + 10.85 %
Expenses Rs. 1043.3 Cr Rs. 973.65 Cr Rs. 1151.92 Cr + 18.31 % + 10.41 %
Operating Profit Rs. 130.8 Cr Rs. 133.85 Cr Rs. 149.61 Cr + 11.77 % + 14.38 %
Net Profit Rs. 74.58 Cr Rs. 62.05 Cr Rs. 84.41 Cr + 36.04 % + 13.18 %
EPS in Rs Rs. 50.45 Rs. 39.48 Rs. 53.46 + 35.41 % + 5.97 %


In reviewing Power Mech Projects Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 10.85 % year-on-year growth, however, there was a minor increase of 17.52 % from the previous quarter. Expenses rose by 10.41 % compared to the previous year, with a 18.31 % increase quarter-on-quarter. Operating Profit surged by 14.38 % annually, and saw a 11.77 % increase from the last quarter.
Net Profit showed yearly increase of 13.18 %, and experienced a 36.04 % increase from the previous quarter. Earnings Per Share (EPS) rose by 5.97 % annually, however rose by 35.41 % compared to the last quarter. In essence, while Power Mech Projects 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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