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Highlights
- The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company’s sales declined by -75.88 % over the year, decrease in net sales/revenue by -55.52 %.
- 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 58.67 %. Marginal increase in other income during this quarter, up by 440.91%.
- Profit over the Year and quarter: Challenges in sustaining profitability for PRABHAT TECHNOLOGIES (INDIA) LIMITED. Profit dropped by -238.97 % Year to Year, PRABHAT TECHNOLOGIES (INDIA) LIMITED’s profitability increased by 492 % in this quarter.
- EPS over the Year and quarter: EPS declined by -240.00 % Year to Year. EPS increased by 460 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 1.555 Cr | Rs. 0.843 Cr | Rs. 0.375 Cr | -55.52 % | -75.88 % |
| Expenses | Rs. 1.75 Cr | Rs. 1.08 Cr | Rs. 0.2 Cr | -81.48 % | -88.57 % |
| Operating Profit | Rs. -0.2 Cr | Rs. -0.24 Cr | Rs. 0.18 Cr | + 175 % | + 190 % |
| OPM % | -12.86 % | -28.47 % | 48 % | + 76.47 % | + 60.86 % |
| Other Income | Rs. 0.15 Cr | Rs. 0.044 Cr | Rs. 0.238 Cr | + 440.91 % | + 58.67 % |
| Interest | Rs. 0.03 Cr | Rs. 0.03 Cr | Rs. 0.02 Cr | -33.33 % | -33.33 % |
| Depreciation | Rs. 0.14 Cr | Rs. 0.19 Cr | Rs. 0.09 Cr | -52.63 % | -35.71 % |
| Profit before tax | Rs. -0.22 Cr | Rs. -0.42 Cr | Rs. 0.31 Cr | + 173.81 % | + 240.91 % |
| Tax % | -0 % | -112.32 % | 0 % | + 112.32 % | 0 % |
| Net Profit | Rs. -0.21 Cr | Rs. 0.05 Cr | Rs. 0.3 Cr | + 500 % | + 242.86 % |
| EPS in Rs | Rs. -0.2 | Rs. 0.05 | Rs. 0.28 | + 460 % | + 240 % |
Today, we’re looking at PRABHAT TECHNOLOGIES (INDIA) LIMITED’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -75.88 %. However, it did see a marginal slip of -55.52 % from the previous quarter. Expenses decreased slightly by -81.48 % quarter-on-quarter, aligning with the annual decline of -88.57 %. Operating profit, while up 190 % compared to last year, faced a quarter-on-quarter increase of 175 %, 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 60.86 %, but an expansion of 76.47 % sequentially. Other income rose by 440.91 % compared to the last quarter, despite an annual growth of 58.67 %. Interest expenses dropped significantly by -33.33 % from the previous quarter, yet the year-over-year decrease remains at a moderate -33.33 %. Depreciation costs fell by -52.63 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -35.71 %. Profit before tax grew annually by 240.91 % but saw an increase from the preceding quarter by 173.81 %.
with a more notable quarter-on-quarter increase of 112.32 %. Net profit rose by 242.86 % year-on-year but experienced a 500 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 240 % but a quarterly rise of 460 %. In summary, PRABHAT TECHNOLOGIES (INDIA) 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. 1.555 Cr | Rs. 0.843 Cr | Rs. 0.375 Cr | -55.52 % | -75.88 % |
| Expenses | Rs. 1.75 Cr | Rs. 1.08 Cr | Rs. 0.2 Cr | -81.48 % | -88.57 % |
| Operating Profit | Rs. -0.2 Cr | Rs. -0.24 Cr | Rs. 0.18 Cr | + 175 % | + 190 % |
| Net Profit | Rs. -0.21 Cr | Rs. 0.05 Cr | Rs. 0.3 Cr | + 500 % | + 242.86 % |
| EPS in Rs | Rs. -0.2 | Rs. 0.05 | Rs. 0.28 | + 460 % | + 240 % |
In reviewing PRABHAT TECHNOLOGIES (INDIA) LIMITED’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -75.88 % year-on-year, although there was a slight dip of -55.52 % from the previous quarter. Expenses decreased by -88.57 % compared to the previous year, with a decrease of -81.48 % quarter-on-quarter. Operating Profit surged by 190 % annually, and saw a 175 % increase from the last quarter.
Net Profit showed yearly increase of 242.86 %, and experienced a 500 % increase from the previous quarter. Earnings Per Share (EPS) rose by 240 % annually, however rose by 460 % compared to the last quarter. In essence, while PRABHAT TECHNOLOGIES (INDIA) 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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