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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 experienced a substantial growth of 824.71 % in the past year, substantial increase in net sales/revenue by 445.01 %.
- 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 15.43 %. Marginal increase in other income during this quarter, up by 5.83%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Prajay Engineers Syndicate Limited. Profit dropped by -6.32 % Year to Year, Prajay Engineers Syndicate Limited’s profitability increased by 19.19 % in this quarter.
- EPS over the Year and quarter: EPS declined by -6.32 % Year to Year. EPS increased by 15.58 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 2.776 Cr | Rs. 4.71 Cr | Rs. 25.67 Cr | + 445.01 % | + 824.71 % |
Expenses | Rs. 7.7 Cr | Rs. 9.57 Cr | Rs. 31.2 Cr | + 226.02 % | + 305.19 % |
Operating Profit | Rs. -4.92 Cr | Rs. -4.86 Cr | Rs. -5.53 Cr | -13.79 % | -12.4 % |
OPM % | -177.23 % | -103.18 % | -21.54 % | + 81.64 % | + 155.69 % |
Other Income | Rs. 0.739 Cr | Rs. 0.806 Cr | Rs. 0.853 Cr | + 5.83 % | + 15.43 % |
Interest | Rs. 1.63 Cr | Rs. 0.08 Cr | Rs. 0.13 Cr | + 62.5 % | -92.02 % |
Depreciation | Rs. 0.95 Cr | Rs. 0.95 Cr | Rs. 1.02 Cr | + 7.37 % | + 7.37 % |
Profit before tax | Rs. -6.76 Cr | Rs. -5.08 Cr | Rs. -5.83 Cr | -14.76 % | + 13.76 % |
Tax % | -2.44 % | -2.38 % | -6.72 % | -4.34 % | -4.28 % |
Net Profit | Rs. -6.63 Cr | Rs. -5.21 Cr | Rs. -6.21 Cr | -19.19 % | + 6.33 % |
EPS in Rs | Rs. -0.95 | Rs. -0.77 | Rs. -0.89 | -15.58 % | + 6.32 % |
Today, we’re looking at Prajay Engineers Syndicate Limited’s financial performance for the Q2(Sep 2024-25).Starting with the top line, the company reported a robust year-over-year sales growth of 824.71 %. However, it did see a marginal increase of 445.01 % from the previous quarter. Expenses ticked up slightly by 226.02 % quarter-on-quarter, aligning with the annual rise of 305.19 %. Operating profit, while down -12.4 % compared to last year, faced a quarter-on-quarter dip of -13.79 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 155.69 %, but an expansion of 81.64 % sequentially. Other income rose by 5.83 % compared to the last quarter, despite an annual growth of 15.43 %. Interest expenses surged remarkably by 62.5 % from the previous quarter, yet the year-over-year decrease remains at a moderate -92.02 %. Depreciation costs climbed by 7.37 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 7.37 %. Profit before tax grew annually by 13.76 % but saw a reduction from the preceding quarter by -14.76 %.
Tax expenses as a percentage of profits decreased slightly by -4.28 % compared to last year, with a more notable quarter-on-quarter decrease of -4.34 %. Net profit rose by 6.33 % year-on-year but witnessed a -19.19 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 6.32 % but a quarterly fall of -15.58 %. In summary, Prajay Engineers Syndicate 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. 2.776 Cr | Rs. 4.71 Cr | Rs. 25.67 Cr | + 445.01 % | + 824.71 % |
Expenses | Rs. 7.7 Cr | Rs. 9.57 Cr | Rs. 31.2 Cr | + 226.02 % | + 305.19 % |
Operating Profit | Rs. -4.92 Cr | Rs. -4.86 Cr | Rs. -5.53 Cr | -13.79 % | -12.4 % |
Net Profit | Rs. -6.63 Cr | Rs. -5.21 Cr | Rs. -6.21 Cr | -19.19 % | + 6.33 % |
EPS in Rs | Rs. -0.95 | Rs. -0.77 | Rs. -0.89 | -15.58 % | + 6.32 % |
In reviewing Prajay Engineers Syndicate Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 824.71 % year-on-year growth, however, there was a minor increase of 445.01 % from the previous quarter. Expenses rose by 305.19 % compared to the previous year, with a 226.02 % increase quarter-on-quarter. Operating Profit dropped by -12.4 % annually, and saw a -13.79 % decrease from the last quarter.
Net Profit showed yearly increase of 6.33 %, and experienced a -19.19 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 6.32 % annually, however dipped by -15.58 % compared to the last quarter. In essence, while Prajay Engineers Syndicate Limited exhibits strong annual growth indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.
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