Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 2.59 % in the past year, substantial increase in net sales/revenue by 10.9 %.
- 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 114.29 %. Marginal increase in other income during this quarter, up by 100.98%.
- Profit over the Year and quarter: Significant improvement in profitability for PPAP Automotive Limited. Notable increase of 257.81 % in net profit Year to Year, PPAP Automotive Limited’s profitability increased by 205.2 % in this quarter.
- EPS over the Year and quarter: EPS increased by 257.67 % Year to Year. EPS increased by 205.24 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 132.275 Cr | Rs. 122.362 Cr | Rs. 135.701 Cr | + 10.9 % | + 2.59 % |
| Expenses | Rs. 123.35 Cr | Rs. 112.6 Cr | Rs. 124.17 Cr | + 10.28 % | + 0.66 % |
| Operating Profit | Rs. 8.93 Cr | Rs. 9.76 Cr | Rs. 11.53 Cr | + 18.14 % | + 29.12 % |
| OPM % | 6.75 % | 7.98 % | 8.5 % | + 0.52 % | + 1.75 % |
| Other Income | Rs. -0.07 Cr | Rs. -1.02 Cr | Rs. 0.01 Cr | + 100.98 % | + 114.29 % |
| Interest | Rs. 3.37 Cr | Rs. 3.6 Cr | Rs. 3.89 Cr | + 8.06 % | + 15.43 % |
| Depreciation | Rs. 8.08 Cr | Rs. 8.71 Cr | Rs. 8.59 Cr | -1.38 % | + 6.31 % |
| Profit before tax | Rs. -2.59 Cr | Rs. -3.57 Cr | Rs. -0.94 Cr | + 73.67 % | + 63.71 % |
| Tax % | -15.7 % | -36.83 % | -983.51 % | -946.68 % | -967.81 % |
| Net Profit | Rs. -2.28 Cr | Rs. -2.67 Cr | Rs. -8.16 Cr | -205.62 % | -257.89 % |
| EPS in Rs | Rs. -1.63 | Rs. -1.91 | Rs. -5.83 | -205.24 % | -257.67 % |
Today, we’re looking at PPAP Automotive 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 2.59 %. However, it did see a marginal increase of 10.9 % from the previous quarter. Expenses ticked up slightly by 10.28 % quarter-on-quarter, aligning with the annual rise of 0.66 %. Operating profit, while up 29.12 % compared to last year, faced a quarter-on-quarter increase of 18.14 %, 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 1.75 %, but an expansion of 0.52 % sequentially. Other income rose by 100.98 % compared to the last quarter, despite an annual growth of 114.29 %. Interest expenses surged remarkably by 8.06 % from the previous quarter, yet the year-over-year increase remains at a moderate 15.43 %. Depreciation costs fell by -1.38 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 6.31 %. Profit before tax grew annually by 63.71 % but saw an increase from the preceding quarter by 73.67 %.
Tax expenses as a percentage of profits decreased slightly by -967.81 % compared to last year, with a more notable quarter-on-quarter decrease of -946.68 %. Net profit fell by -257.89 % year-on-year but witnessed a -205.62 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -257.67 % but a quarterly fall of -205.24 %. In summary, PPAP Automotive 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. 132.275 Cr | Rs. 122.362 Cr | Rs. 135.701 Cr | + 10.9 % | + 2.59 % |
| Expenses | Rs. 123.35 Cr | Rs. 112.6 Cr | Rs. 124.17 Cr | + 10.28 % | + 0.66 % |
| Operating Profit | Rs. 8.93 Cr | Rs. 9.76 Cr | Rs. 11.53 Cr | + 18.14 % | + 29.12 % |
| Net Profit | Rs. -2.28 Cr | Rs. -2.67 Cr | Rs. -8.16 Cr | -205.62 % | -257.89 % |
| EPS in Rs | Rs. -1.63 | Rs. -1.91 | Rs. -5.83 | -205.24 % | -257.67 % |
In reviewing PPAP Automotive Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 2.59 % year-on-year growth, however, there was a minor increase of 10.9 % from the previous quarter. Expenses rose by 0.66 % compared to the previous year, with a 10.28 % increase quarter-on-quarter. Operating Profit surged by 29.12 % annually, and saw a 18.14 % increase from the last quarter.
Net Profit showed yearly decrease of -257.89 %, and experienced a -205.62 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -257.67 % annually, however dipped by -205.24 % compared to the last quarter. In essence, while PPAP Automotive 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.
