NIFTY 50 22795.9 ▼ (0.51%)
NIFTY NEXT 50 60466.8 ▼ (0.94%)
NIFTY 100 23274.05 ▼ (0.59%)
NIFTY MIDCAP 100 50486.2 ▼ (1.32%)
NIFTY SMALLCAP 100 15636.9 ▼ (0.7%)
NIFTY SMALLCAP 250 14683.4 ▼ (0.57%)
NIFTY MIDCAP SELECT 11198.9 ▼ (1.69%)
NIFTY TOTAL MARKET 11634.25 ▼ (0.67%)
NIFTY BANK 48981.2 ▼ (0.72%)
SENSEX 75311.06 ▼ (0.56%)
BSE BANKEX 55718.18 ▼ (0.82%)

Prabhu Steel Industries : Q4 2024 Financial Quarterly Report : YoY Sales Down 22.25 %, QoQ Up 58.69 %

June 24, 2024June 24, 2024| adminadmin| 0 Comments| 12:05 pm
Image is loading
Categories:

Share the post "Prabhu Steel Industries : Q4 2024 Financial Quarterly Report : YoY Sales Down 22.25 %, QoQ Up 58.69 %"

  • Facebook
  • LinkedIn
  • X
  • Tumblr
  • WhatsApp
  • TelegramTelegram
  • Email

Highlights

  • Sales over the Year and quarter: The company’s sales declined by -22.25 % over the year, substantial increase in net sales/revenue by 58.69 %.
  • Income over the Year and quarter: There has been decline in other income over the past year which is -46.15 %, Marginal increase in other income during this quarter, up by 366.67%.
  • Profit over the Year and quarter: Significant improvement in profitability for Prabhu Steel Industries Ltd.,. Notable increase of 133.99 % in net profit Year to Year, Prabhu Steel Industries Ltd.,’s profitability dropped by -899.33 % Quarter to Quarter.
  • EPS over the Year and quarter: EPS increased by 133.94 % Year to Year. EPS decreased by -898.56 % in previous quarter. Analysis needed for shareholder value.

The comprehensive analytics outlining the performance and outlook of Prabhu Steel Industries Ltd.,”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. 5.366 Cr Rs. 2.629 Cr Rs. 4.172 Cr + 58.69 % -22.25 %
Expenses Rs. 5.42 Cr Rs. 2.78 Cr Rs. 4.39 Cr + 57.91 % -19 %
Operating Profit Rs. -0.05 Cr Rs. -0.15 Cr Rs. -0.22 Cr -46.67 % -340 %
OPM % -0.93 % -5.71 % -5.27 % + 0.44 % -4.34 %
Other Income Rs. 0.26 Cr Rs. 0.03 Cr Rs. 0.14 Cr + 366.67 % -46.15 %
Interest Rs. 0.15 Cr Rs. 0.07 Cr Rs. 0.09 Cr + 28.57 % -40 %
Depreciation Rs. 0 Cr Rs. 0.01 Cr Rs. 0.01 Cr + 0 % 0 %
Profit before tax Rs. 0.06 Cr Rs. -0.2 Cr Rs. -0.18 Cr + 10 % -400 %
Tax % 764.41 % -26.96 % 36.82 % + 63.78 % -727.59 %
Net Profit Rs. 0.51 Cr Rs. -0.15 Cr Rs. 1.19 Cr + 893.33 % + 133.33 %
EPS in Rs Rs. 7.1 Rs. -2.08 Rs. 16.61 + 898.56 % + 133.94 %


Today, we’re looking at Prabhu Steel Industries Ltd.,’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -22.25 %. However, it did see a marginal increase of 58.69 % from the previous quarter. Expenses ticked up slightly by 57.91 % quarter-on-quarter, aligning with the annual decline of -19 %. Operating profit, while down -340 % compared to last year, faced a quarter-on-quarter dip of -46.67 %, 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 -4.34 %, but an expansion of 0.44 % sequentially. Other income rose by 366.67 % compared to the last quarter, despite an annual decline of -46.15 %. Interest expenses surged remarkably by 28.57 % from the previous quarter, yet the year-over-year decrease remains at a moderate -40 %. Depreciation costs climbed by 0 % quarter-on-quarter, Profit before tax declined annually by -400 % but saw an increase from the preceding quarter by 10 %.
Tax expenses as a percentage of profits decreased slightly by -727.59 % compared to last year, with a more notable quarter-on-quarter increase of 63.78 %. Net profit rose by 133.33 % year-on-year but experienced a 893.33 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 133.94 % but a quarterly rise of 898.56 %. In summary, Prabhu Steel Industries Ltd.,’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. 5.366 Cr Rs. 2.629 Cr Rs. 4.172 Cr + 58.69 % -22.25 %
Expenses Rs. 5.42 Cr Rs. 2.78 Cr Rs. 4.39 Cr + 57.91 % -19 %
Operating Profit Rs. -0.05 Cr Rs. -0.15 Cr Rs. -0.22 Cr -46.67 % -340 %
Net Profit Rs. 0.51 Cr Rs. -0.15 Cr Rs. 1.19 Cr + 893.33 % + 133.33 %
EPS in Rs Rs. 7.1 Rs. -2.08 Rs. 16.61 + 898.56 % + 133.94 %


In reviewing Prabhu Steel Industries Ltd.,’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -22.25 % year-on-year, however, there was a minor increase of 58.69 % from the previous quarter. Expenses decreased by -19 % compared to the previous year, with a 57.91 % increase quarter-on-quarter. Operating Profit dropped by -340 % annually, and saw a -46.67 % decrease from the last quarter.
Net Profit showed yearly increase of 133.33 %, and experienced a 893.33 % increase from the previous quarter. Earnings Per Share (EPS) rose by 133.94 % annually, however rose by 898.56 % compared to the last quarter. In essence, while Prabhu Steel Industries Ltd., 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.

[my_shortcode1 values=”Prabhu Steel Industries “]

Related Post