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Pratik Panels ‘s Q1 Update: Profit Grows by 171.43% YoY

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Highlights

  • The presented financial data is Standalone to provide a comprehensive overview of the company performance.
  • Sales over the Year and quarter: decrease in net sales/revenue by -57.13 %.
  • Income over the Year and quarter: Marginal increase in other income during this quarter, up by 23.53%.
  • Profit over the Year and quarter: Challenges in sustaining profitability for Pratik Panels Ltd.. Profit dropped by -163.89 % Year to Year, Pratik Panels Ltd.’s profitability dropped by -72.78 % Quarter to Quarter.
  • EPS over the Year and quarter: EPS declined by -136.84 % Year to Year. EPS decreased by -83.33 % in previous quarter. Analysis needed for shareholder value.

The comprehensive analytics outlining the performance and outlook of Pratik Panels 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. 0 Cr Rs. 1.794 Cr Rs. 0.769 Cr -57.13 % 0 %
Expenses Rs. 0.07 Cr Rs. 1.68 Cr Rs. 0.79 Cr -52.98 % + 1028.57 %
Operating Profit Rs. -0.07 Cr Rs. 0.11 Cr Rs. -0.02 Cr -118.18 % + 71.43 %
OPM % 0 % 6.13 % -2.6 % -8.73 % -2.6 %
Other Income Rs. 0 Cr Rs. 0.051 Cr Rs. 0.063 Cr + 23.53 % 0 %
Interest Rs. 0 Cr Rs. 0 Cr Rs. 0 Cr 0 % 0 %
Depreciation Rs. 0 Cr Rs. 0 Cr Rs. 0 Cr 0 % 0 %
Profit before tax Rs. -0.07 Cr Rs. 0.16 Cr Rs. 0.04 Cr -75 % + 157.14 %
Tax % -0 % 0 % 0 % 0 % 0 %
Net Profit Rs. -0.07 Cr Rs. 0.17 Cr Rs. 0.05 Cr -70.59 % + 171.43 %
EPS in Rs Rs. -0.02 Rs. 0.42 Rs. 0.07 -83.33 % + 450 %


Today, we’re looking at Pratik Panels Ltd.’s financial performance for the Q1(Jun 2024).However, it did see a marginal slip of -57.13 % from the previous quarter. Expenses decreased slightly by -52.98 % quarter-on-quarter, aligning with the annual rise of 1028.57 %. Operating profit, while up 71.43 % compared to last year, faced a quarter-on-quarter dip of -118.18 %, 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 -2.6 %, but a shrinkage of -8.73 % sequentially. Other income rose by 23.53 % compared to the last quarter, Profit before tax grew annually by 157.14 % but saw a reduction from the preceding quarter by -75 %.
Net profit rose by 171.43 % year-on-year but witnessed a -70.59 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 450 % but a quarterly fall of -83.33 %. In summary, Pratik Panels 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. 0 Cr Rs. 1.794 Cr Rs. 0.769 Cr -57.13 % 0 %
Expenses Rs. 0.07 Cr Rs. 1.68 Cr Rs. 0.79 Cr -52.98 % + 1028.57 %
Operating Profit Rs. -0.07 Cr Rs. 0.11 Cr Rs. -0.02 Cr -118.18 % + 71.43 %
Net Profit Rs. -0.07 Cr Rs. 0.17 Cr Rs. 0.05 Cr -70.59 % + 171.43 %
EPS in Rs Rs. -0.02 Rs. 0.42 Rs. 0.07 -83.33 % + 450 %


In reviewing Pratik Panels Ltd.’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.although there was a slight dip of -57.13 % from the previous quarter. Expenses rose by 1028.57 % compared to the previous year, with a decrease of -52.98 % quarter-on-quarter. Operating Profit surged by 71.43 % annually, and saw a -118.18 % decrease from the last quarter.
Net Profit showed yearly increase of 171.43 %, and experienced a -70.59 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 450 % annually, however dipped by -83.33 % compared to the last quarter. In essence, while Pratik Panels Ltd. 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.

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