Share the post "Pratiksha Chemicals announced Financial Results Q1 2024-25"
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 15.4 % in the past year, decrease in net sales/revenue by -44.1 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -50 %, Marginal decrease of -76.92% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Pratiksha Chemicals Ltd.. Profit dropped by -277.78 % Year to Year, Pratiksha Chemicals Ltd.’s profitability increased by 336.36 % in this quarter.
- EPS over the Year and quarter: EPS declined by -280.00 % Year to Year. EPS increased by 350 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 1.954 Cr | Rs. 4.034 Cr | Rs. 2.255 Cr | -44.1 % | + 15.4 % |
| Expenses | Rs. 1.77 Cr | Rs. 3.84 Cr | Rs. 2.08 Cr | -45.83 % | + 17.51 % |
| Operating Profit | Rs. 0.18 Cr | Rs. 0.19 Cr | Rs. 0.18 Cr | -5.26 % | + 0 % |
| OPM % | 9.21 % | 4.71 % | 7.98 % | + 3.27 % | -1.23 % |
| Other Income | Rs. 0.006 Cr | Rs. 0.013 Cr | Rs. 0.003 Cr | -76.92 % | -50 % |
| Interest | Rs. 0.08 Cr | Rs. 0.1 Cr | Rs. 0.08 Cr | -20 % | + 0 % |
| Depreciation | Rs. 0.08 Cr | Rs. 0.09 Cr | Rs. 0.06 Cr | -33.33 % | -25 % |
| Profit before tax | Rs. 0.03 Cr | Rs. 0.01 Cr | Rs. 0.04 Cr | + 300 % | + 33.33 % |
| Tax % | 20.59 % | 155 % | 217.07 % | + 62.07 % | + 196.48 % |
| Net Profit | Rs. 0.03 Cr | Rs. -0.01 Cr | Rs. -0.05 Cr | -400 % | -266.67 % |
| EPS in Rs | Rs. 0.05 | Rs. -0.02 | Rs. -0.09 | -350 % | -280 % |
Today, we’re looking at Pratiksha Chemicals Ltd.’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 15.4 %. However, it did see a marginal slip of -44.1 % from the previous quarter. Expenses decreased slightly by -45.83 % quarter-on-quarter, aligning with the annual rise of 17.51 %. Operating profit, while up 0 % compared to last year, faced a quarter-on-quarter dip of -5.26 %, 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 -1.23 %, but an expansion of 3.27 % sequentially. Other income fell by -76.92 % compared to the last quarter, despite an annual decline of -50 %. Interest expenses dropped significantly by -20 % from the previous quarter, yet the year-over-year increase remains at a moderate 0 %. Depreciation costs fell by -33.33 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -25 %. Profit before tax grew annually by 33.33 % but saw an increase from the preceding quarter by 300 %.
Tax expenses as a percentage of profits increased slightly by 196.48 % compared to last year, with a more notable quarter-on-quarter increase of 62.07 %. Net profit fell by -266.67 % year-on-year but witnessed a -400 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -280 % but a quarterly fall of -350 %. In summary, Pratiksha Chemicals 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. 1.954 Cr | Rs. 4.034 Cr | Rs. 2.255 Cr | -44.1 % | + 15.4 % |
| Expenses | Rs. 1.77 Cr | Rs. 3.84 Cr | Rs. 2.08 Cr | -45.83 % | + 17.51 % |
| Operating Profit | Rs. 0.18 Cr | Rs. 0.19 Cr | Rs. 0.18 Cr | -5.26 % | + 0 % |
| Net Profit | Rs. 0.03 Cr | Rs. -0.01 Cr | Rs. -0.05 Cr | -400 % | -266.67 % |
| EPS in Rs | Rs. 0.05 | Rs. -0.02 | Rs. -0.09 | -350 % | -280 % |
In reviewing Pratiksha Chemicals Ltd.’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 15.4 % year-on-year growth, although there was a slight dip of -44.1 % from the previous quarter. Expenses rose by 17.51 % compared to the previous year, with a decrease of -45.83 % quarter-on-quarter. Operating Profit surged by 0 % annually, and saw a -5.26 % decrease from the last quarter.
Net Profit showed yearly decrease of -266.67 %, and experienced a -400 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -280 % annually, however dipped by -350 % compared to the last quarter. In essence, while Pratiksha Chemicals Ltd. faces strong annual decline 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.
[my_shortcode1 values=”Pratiksha Chemicals “]
