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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 73.7 % in the past year, decrease in net sales/revenue by -1.67 %.
- 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 259.26 %. Marginal increase in other income during this quarter, up by 7.78%.
- Profit over the Year and quarter: Challenges in sustaining profitability for PRAVEG LIMITED. Profit dropped by -68.28 % Year to Year, PRAVEG LIMITED’s profitability dropped by -79.75 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -72.76 % Year to Year. EPS decreased by -79.49 % 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. 18.724 Cr | Rs. 33.074 Cr | Rs. 32.523 Cr | -1.67 % | + 73.7 % |
Expenses | Rs. 9.08 Cr | Rs. 20.71 Cr | Rs. 24.03 Cr | + 16.03 % | + 164.65 % |
Operating Profit | Rs. 9.64 Cr | Rs. 12.36 Cr | Rs. 8.49 Cr | -31.31 % | -11.93 % |
OPM % | 51.48 % | 37.37 % | 26.1 % | -11.27 % | -25.38 % |
Other Income | Rs. 0.27 Cr | Rs. 0.9 Cr | Rs. 0.97 Cr | + 7.78 % | + 259.26 % |
Interest | Rs. 0.24 Cr | Rs. 0.58 Cr | Rs. 1.66 Cr | + 186.21 % | + 591.67 % |
Depreciation | Rs. 2.26 Cr | Rs. 3.84 Cr | Rs. 1.34 Cr | -65.1 % | -40.71 % |
Profit before tax | Rs. 7.41 Cr | Rs. 8.84 Cr | Rs. 6.46 Cr | -26.92 % | -12.82 % |
Tax % | 30.33 % | 8.5 % | 74.64 % | + 66.14 % | + 44.31 % |
Net Profit | Rs. 5.17 Cr | Rs. 8.1 Cr | Rs. 1.64 Cr | -79.75 % | -68.28 % |
EPS in Rs | Rs. 2.66 | Rs. 3.55 | Rs. 0.71 | -80 % | -73.31 % |
Today, we’re looking at PRAVEG 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 73.7 %. However, it did see a marginal slip of -1.67 % from the previous quarter. Expenses ticked up slightly by 16.03 % quarter-on-quarter, aligning with the annual rise of 164.65 %. Operating profit, while down -11.93 % compared to last year, faced a quarter-on-quarter dip of -31.31 %, 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 -25.38 %, but a shrinkage of -11.27 % sequentially. Other income rose by 7.78 % compared to the last quarter, despite an annual growth of 259.26 %. Interest expenses surged remarkably by 186.21 % from the previous quarter, yet the year-over-year increase remains at a moderate 591.67 %. Depreciation costs fell by -65.1 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -40.71 %. Profit before tax declined annually by -12.82 % but saw a reduction from the preceding quarter by -26.92 %.
Tax expenses as a percentage of profits increased slightly by 44.31 % compared to last year, with a more notable quarter-on-quarter increase of 66.14 %. Net profit fell by -68.28 % year-on-year but witnessed a -79.75 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -73.31 % but a quarterly fall of -80 %. In summary, PRAVEG 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. 18.724 Cr | Rs. 33.074 Cr | Rs. 32.523 Cr | -1.67 % | + 73.7 % |
Expenses | Rs. 9.08 Cr | Rs. 20.71 Cr | Rs. 24.03 Cr | + 16.03 % | + 164.65 % |
Operating Profit | Rs. 9.64 Cr | Rs. 12.36 Cr | Rs. 8.49 Cr | -31.31 % | -11.93 % |
Net Profit | Rs. 5.17 Cr | Rs. 8.1 Cr | Rs. 1.64 Cr | -79.75 % | -68.28 % |
EPS in Rs | Rs. 2.66 | Rs. 3.55 | Rs. 0.71 | -80 % | -73.31 % |
In reviewing PRAVEG LIMITED’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 73.7 % year-on-year growth, although there was a slight dip of -1.67 % from the previous quarter. Expenses rose by 164.65 % compared to the previous year, with a 16.03 % increase quarter-on-quarter. Operating Profit dropped by -11.93 % annually, and saw a -31.31 % decrease from the last quarter.
Net Profit showed yearly decrease of -68.28 %, and experienced a -79.75 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -73.31 % annually, however dipped by -80 % compared to the last quarter. In essence, while PRAVEG 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.