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Highlights
- Sales over the Year and quarter: The company’s sales declined by -21.64 % over the year, decrease in net sales/revenue by -75.78 %.
- Income over the Year and quarter:
- Profit over the Year and quarter: Significant improvement in profitability for Prakash Woollen & Synthetic Mills Ltd . Notable increase of 276.61 % in net profit Year to Year, Prakash Woollen & Synthetic Mills Ltd ‘s profitability dropped by -52.46 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 280.95 % Year to Year. EPS decreased by -52.38 % 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. 15.114 Cr | Rs. 48.896 Cr | Rs. 11.844 Cr | -75.78 % | -21.64 % |
| Expenses | Rs. 13.28 Cr | Rs. 44.37 Cr | Rs. 8.8 Cr | -80.17 % | -33.73 % |
| Operating Profit | Rs. 1.83 Cr | Rs. 4.53 Cr | Rs. 3.04 Cr | -32.89 % | + 66.12 % |
| OPM % | 12.11 % | 9.26 % | 25.67 % | + 16.41 % | + 13.56 % |
| Other Income | Rs. 0 Cr | Rs. 0 Cr | Rs. 0.01 Cr | 0 % | 0 % |
| Interest | Rs. 0.61 Cr | Rs. 1.26 Cr | Rs. 1.35 Cr | + 7.14 % | + 121.31 % |
| Depreciation | Rs. 1.02 Cr | Rs. 1.53 Cr | Rs. 1.56 Cr | + 1.96 % | + 52.94 % |
| Profit before tax | Rs. 0.2 Cr | Rs. 1.74 Cr | Rs. 0.14 Cr | -91.95 % | -30 % |
| Tax % | 4.81 % | 0.58 % | 447.33 % | + 446.75 % | + 442.52 % |
| Net Profit | Rs. 0.22 Cr | Rs. 1.73 Cr | Rs. 0.82 Cr | -52.6 % | + 272.73 % |
| EPS in Rs | Rs. 0.21 | Rs. 1.68 | Rs. 0.8 | -52.38 % | + 280.95 % |
Today, we’re looking at Prakash Woollen & Synthetic Mills 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 -21.64 %. However, it did see a marginal slip of -75.78 % from the previous quarter. Expenses decreased slightly by -80.17 % quarter-on-quarter, aligning with the annual decline of -33.73 %. Operating profit, while up 66.12 % compared to last year, faced a quarter-on-quarter dip of -32.89 %, 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 13.56 %, but an expansion of 16.41 % sequentially. Interest expenses surged remarkably by 7.14 % from the previous quarter, yet the year-over-year increase remains at a moderate 121.31 %. Depreciation costs climbed by 1.96 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 52.94 %. Profit before tax declined annually by -30 % but saw a reduction from the preceding quarter by -91.95 %.
Tax expenses as a percentage of profits increased slightly by 442.52 % compared to last year, with a more notable quarter-on-quarter increase of 446.75 %. Net profit rose by 272.73 % year-on-year but witnessed a -52.6 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 280.95 % but a quarterly fall of -52.38 %. In summary, Prakash Woollen & Synthetic Mills 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. 15.114 Cr | Rs. 48.896 Cr | Rs. 11.844 Cr | -75.78 % | -21.64 % |
| Expenses | Rs. 13.28 Cr | Rs. 44.37 Cr | Rs. 8.8 Cr | -80.17 % | -33.73 % |
| Operating Profit | Rs. 1.83 Cr | Rs. 4.53 Cr | Rs. 3.04 Cr | -32.89 % | + 66.12 % |
| Net Profit | Rs. 0.22 Cr | Rs. 1.73 Cr | Rs. 0.82 Cr | -52.6 % | + 272.73 % |
| EPS in Rs | Rs. 0.21 | Rs. 1.68 | Rs. 0.8 | -52.38 % | + 280.95 % |
In reviewing Prakash Woollen & Synthetic Mills Ltd ‘s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -21.64 % year-on-year, although there was a slight dip of -75.78 % from the previous quarter. Expenses decreased by -33.73 % compared to the previous year, with a decrease of -80.17 % quarter-on-quarter. Operating Profit surged by 66.12 % annually, and saw a -32.89 % decrease from the last quarter.
Net Profit showed yearly increase of 272.73 %, and experienced a -52.6 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 280.95 % annually, however dipped by -52.38 % compared to the last quarter. In essence, while Prakash Woollen & Synthetic Mills Ltd 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.
