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Highlights
- The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 20.63 % in the past year, substantial increase in net sales/revenue by 14.17 %.
- 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 159.41 %. Marginal decrease of -9.24% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Premier Explosives Ltd.. Profit dropped by -27.7 % Year to Year, Premier Explosives Ltd.’s profitability increased by 15.04 % in this quarter.
- EPS over the Year and quarter: EPS declined by -85.50 % Year to Year. EPS increased by 15.44 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 78.416 Cr | Rs. 82.858 Cr | Rs. 94.596 Cr | + 14.17 % | + 20.63 % |
Expenses | Rs. 56.55 Cr | Rs. 67.35 Cr | Rs. 77.97 Cr | + 15.77 % | + 37.88 % |
Operating Profit | Rs. 21.87 Cr | Rs. 15.51 Cr | Rs. 16.63 Cr | + 7.22 % | -23.96 % |
OPM % | 27.89 % | 18.72 % | 17.58 % | -1.14 % | -10.31 % |
Other Income | Rs. 0.409 Cr | Rs. 1.169 Cr | Rs. 1.061 Cr | -9.24 % | + 159.41 % |
Interest | Rs. 3.26 Cr | Rs. 3.18 Cr | Rs. 2.54 Cr | -20.13 % | -22.09 % |
Depreciation | Rs. 2.79 Cr | Rs. 2.81 Cr | Rs. 2.87 Cr | + 2.14 % | + 2.87 % |
Profit before tax | Rs. 16.23 Cr | Rs. 10.69 Cr | Rs. 12.28 Cr | + 14.87 % | -24.34 % |
Tax % | 28.15 % | 31.43 % | 31.37 % | -0.06 % | + 3.22 % |
Net Profit | Rs. 11.66 Cr | Rs. 7.33 Cr | Rs. 8.43 Cr | + 15.01 % | -27.7 % |
EPS in Rs | Rs. 10.83 | Rs. 1.36 | Rs. 1.57 | + 15.44 % | -85.5 % |
Today, we’re looking at Premier Explosives Ltd.’s financial performance for the Q2(Sep 2024-25).Starting with the top line, the company reported a robust year-over-year sales growth of 20.63 %. However, it did see a marginal increase of 14.17 % from the previous quarter. Expenses ticked up slightly by 15.77 % quarter-on-quarter, aligning with the annual rise of 37.88 %. Operating profit, while down -23.96 % compared to last year, faced a quarter-on-quarter increase of 7.22 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -10.31 %, but a shrinkage of -1.14 % sequentially. Other income fell by -9.24 % compared to the last quarter, despite an annual growth of 159.41 %. Interest expenses dropped significantly by -20.13 % from the previous quarter, yet the year-over-year decrease remains at a moderate -22.09 %. Depreciation costs climbed by 2.14 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 2.87 %. Profit before tax declined annually by -24.34 % but saw an increase from the preceding quarter by 14.87 %.
Tax expenses as a percentage of profits increased slightly by 3.22 % compared to last year, with a more notable quarter-on-quarter decrease of -0.06 %. Net profit fell by -27.7 % year-on-year but experienced a 15.01 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -85.5 % but a quarterly rise of 15.44 %. In summary, Premier Explosives 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. 78.416 Cr | Rs. 82.858 Cr | Rs. 94.596 Cr | + 14.17 % | + 20.63 % |
Expenses | Rs. 56.55 Cr | Rs. 67.35 Cr | Rs. 77.97 Cr | + 15.77 % | + 37.88 % |
Operating Profit | Rs. 21.87 Cr | Rs. 15.51 Cr | Rs. 16.63 Cr | + 7.22 % | -23.96 % |
Net Profit | Rs. 11.66 Cr | Rs. 7.33 Cr | Rs. 8.43 Cr | + 15.01 % | -27.7 % |
EPS in Rs | Rs. 10.83 | Rs. 1.36 | Rs. 1.57 | + 15.44 % | -85.5 % |
In reviewing Premier Explosives Ltd.’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 20.63 % year-on-year growth, however, there was a minor increase of 14.17 % from the previous quarter. Expenses rose by 37.88 % compared to the previous year, with a 15.77 % increase quarter-on-quarter. Operating Profit dropped by -23.96 % annually, and saw a 7.22 % increase from the last quarter.
Net Profit showed yearly decrease of -27.7 %, and experienced a 15.01 % increase from the previous quarter. Earnings Per Share (EPS) fell by -85.5 % annually, however rose by 15.44 % compared to the last quarter. In essence, while Premier Explosives 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.
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