Share the post "Prakash Pipes ‘s Q3 2024-25 Latest News: Profit Decreases by 0.13% YoY"
Highlights
🔹 The presented financial data is Standalone to provide a comprehensive overview of the company performance. 🔹 Sales over the Year and quarter: The company experienced a substantial growth of 21.67 % in the past year, decrease in net sales/revenue by -3.85 %. 🔹 Income over the Year and quarter: There has been decline in other income over the past year which is -85.94 %, Marginal decrease of -88.62% in other income during this quarter. 🔹 Profit over the Year and quarter: Challenges in sustaining profitability for Prakash Pipes Limited. Profit dropped by -0.13 % Year to Year, Prakash Pipes Limited’s profitability dropped by -4.9 % Quarter to Quarter. 🔹 EPS over the Year and quarter: EPS declined by -0.10 % Year to Year. EPS decreased by -4.92 % in previous quarter. Analysis needed for shareholder value.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 158.22 Cr | Rs. 200.21 Cr | Rs. 192.5 Cr | -3.85 % | + 21.67 % |
Expenses | Rs. 128.34 Cr | Rs. 168.73 Cr | Rs. 156.68 Cr | -7.14 % | + 22.08 % |
Operating Profit | Rs. 29.88 Cr | Rs. 31.48 Cr | Rs. 35.82 Cr | + 13.79 % | + 19.88 % |
OPM % | 18.89 % | 15.72 % | 18.61 % | + 2.89 % | -0.28 % |
Other Income | Rs. 4.41 Cr | Rs. 5.45 Cr | Rs. 0.62 Cr | -88.62 % | -85.94 % |
Interest | Rs. 1.62 Cr | Rs. 2.05 Cr | Rs. 1.99 Cr | -2.93 % | + 22.84 % |
Depreciation | Rs. 2.46 Cr | Rs. 2.69 Cr | Rs. 2.97 Cr | + 10.41 % | + 20.73 % |
Profit before tax | Rs. 30.21 Cr | Rs. 32.19 Cr | Rs. 31.48 Cr | -2.21 % | + 4.2 % |
Tax % | 23.4 % | 24.51 % | 26.59 % | + 2.08 % | + 3.19 % |
Net Profit | Rs. 23.14 Cr | Rs. 24.3 Cr | Rs. 23.11 Cr | -4.9 % | -0.13 % |
EPS in Rs | Rs. 9.67 | Rs. 10.16 | Rs. 9.66 | -4.92 % | -0.1 % |
Today, we’re looking at Prakash Pipes Limited’s financial performance for the Q3(Dec 2024-25).Starting with the top line, the company reported a robust year-over-year sales growth of 21.67 %. However, it did see a marginal slip of -3.85 % from the previous quarter. Expenses decreased slightly by -7.14 % quarter-on-quarter, aligning with the annual rise of 22.08 %. Operating profit, while up 19.88 % compared to last year, faced a quarter-on-quarter increase of 13.79 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -0.28 %, but an expansion of 2.89 % sequentially. Other income fell by -88.62 % compared to the last quarter, despite an annual decline of -85.94 %. Interest expenses dropped significantly by -2.93 % from the previous quarter, yet the year-over-year increase remains at a moderate 22.84 %. Depreciation costs climbed by 10.41 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 20.73 %. Profit before tax grew annually by 4.2 % but saw a reduction from the preceding quarter by -2.21 %.
Tax expenses as a percentage of profits increased slightly by 3.19 % compared to last year, with a more notable quarter-on-quarter increase of 2.08 %. Net profit fell by -0.13 % year-on-year but witnessed a -4.9 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -0.1 % but a quarterly fall of -4.92 %. In summary, Prakash Pipes 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. 158.22 Cr | Rs. 200.21 Cr | Rs. 192.5 Cr | -3.85 % | + 21.67 % |
Expenses | Rs. 128.34 Cr | Rs. 168.73 Cr | Rs. 156.68 Cr | -7.14 % | + 22.08 % |
Operating Profit | Rs. 29.88 Cr | Rs. 31.48 Cr | Rs. 35.82 Cr | + 13.79 % | + 19.88 % |
Net Profit | Rs. 23.14 Cr | Rs. 24.3 Cr | Rs. 23.11 Cr | -4.9 % | -0.13 % |
EPS in Rs | Rs. 9.67 | Rs. 10.16 | Rs. 9.66 | -4.92 % | -0.1 % |
In reviewing Prakash Pipes Limited’s 2024-25(Q3) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 21.67 % year-on-year growth, although there was a slight dip of -3.85 % from the previous quarter. Expenses rose by 22.08 % compared to the previous year, with a decrease of -7.14 % quarter-on-quarter. Operating Profit surged by 19.88 % annually, and saw a 13.79 % increase from the last quarter.
Net Profit showed yearly decrease of -0.13 %, and experienced a -4.9 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -0.1 % annually, however dipped by -4.92 % compared to the last quarter. In essence, while Prakash Pipes Limited faces strong annual decline indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.