Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 0.38 % in the past year, decrease in net sales/revenue by -4.95 %.
- 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 80.14 %. Marginal increase in other income during this quarter, up by 2.42%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Prataap Snacks Limited. Profit dropped by -42.69 % Year to Year, Prataap Snacks Limited’s profitability increased by 14.69 % in this quarter.
- EPS over the Year and quarter: EPS declined by -42.65 % Year to Year. EPS increased by 14.82 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 386.623 Cr | Rs. 408.306 Cr | Rs. 388.102 Cr | -4.95 % | + 0.38 % |
| Expenses | Rs. 367.71 Cr | Rs. 373.56 Cr | Rs. 352.65 Cr | -5.6 % | -4.1 % |
| Operating Profit | Rs. 18.91 Cr | Rs. 34.75 Cr | Rs. 35.45 Cr | + 2.01 % | + 87.47 % |
| OPM % | 4.89 % | 8.51 % | 9.13 % | + 0.62 % | + 4.24 % |
| Other Income | Rs. 1.41 Cr | Rs. 2.48 Cr | Rs. 2.54 Cr | + 2.42 % | + 80.14 % |
| Interest | Rs. 1.42 Cr | Rs. 1.23 Cr | Rs. 1.93 Cr | + 56.91 % | + 35.92 % |
| Depreciation | Rs. 15.28 Cr | Rs. 16.48 Cr | Rs. 19.16 Cr | + 16.26 % | + 25.39 % |
| Profit before tax | Rs. 3.62 Cr | Rs. 19.52 Cr | Rs. 16.9 Cr | -13.42 % | + 366.85 % |
| Tax % | 496.85 % | 44.71 % | 26.76 % | -17.95 % | -470.09 % |
| Net Profit | Rs. 21.6 Cr | Rs. 10.79 Cr | Rs. 12.38 Cr | + 14.74 % | -42.69 % |
| EPS in Rs | Rs. 9.05 | Rs. 4.52 | Rs. 5.19 | + 14.82 % | -42.65 % |
Today, we’re looking at Prataap Snacks Limited’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 0.38 %. However, it did see a marginal slip of -4.95 % from the previous quarter. Expenses decreased slightly by -5.6 % quarter-on-quarter, aligning with the annual decline of -4.1 %. Operating profit, while up 87.47 % compared to last year, faced a quarter-on-quarter increase of 2.01 %, 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 4.24 %, but an expansion of 0.62 % sequentially. Other income rose by 2.42 % compared to the last quarter, despite an annual growth of 80.14 %. Interest expenses surged remarkably by 56.91 % from the previous quarter, yet the year-over-year increase remains at a moderate 35.92 %. Depreciation costs climbed by 16.26 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 25.39 %. Profit before tax grew annually by 366.85 % but saw a reduction from the preceding quarter by -13.42 %.
Tax expenses as a percentage of profits decreased slightly by -470.09 % compared to last year, with a more notable quarter-on-quarter decrease of -17.95 %. Net profit fell by -42.69 % year-on-year but experienced a 14.74 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -42.65 % but a quarterly rise of 14.82 %. In summary, Prataap Snacks 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. 386.623 Cr | Rs. 408.306 Cr | Rs. 388.102 Cr | -4.95 % | + 0.38 % |
| Expenses | Rs. 367.71 Cr | Rs. 373.56 Cr | Rs. 352.65 Cr | -5.6 % | -4.1 % |
| Operating Profit | Rs. 18.91 Cr | Rs. 34.75 Cr | Rs. 35.45 Cr | + 2.01 % | + 87.47 % |
| Net Profit | Rs. 21.6 Cr | Rs. 10.79 Cr | Rs. 12.38 Cr | + 14.74 % | -42.69 % |
| EPS in Rs | Rs. 9.05 | Rs. 4.52 | Rs. 5.19 | + 14.82 % | -42.65 % |
In reviewing Prataap Snacks Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 0.38 % year-on-year growth, although there was a slight dip of -4.95 % from the previous quarter. Expenses decreased by -4.1 % compared to the previous year, with a decrease of -5.6 % quarter-on-quarter. Operating Profit surged by 87.47 % annually, and saw a 2.01 % increase from the last quarter.
Net Profit showed yearly decrease of -42.69 %, and experienced a 14.74 % increase from the previous quarter. Earnings Per Share (EPS) fell by -42.65 % annually, however rose by 14.82 % compared to the last quarter. In essence, while Prataap Snacks 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.
