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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 7.81 % in the past year, substantial increase in net sales/revenue by 13.12 %.
- 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 93.94 %. Marginal increase in other income during this quarter, up by 113.33%.
- Profit over the Year and quarter: Significant improvement in profitability for Premier Polyfilm Ltd.. Notable increase of 49.55 % in net profit Year to Year, Premier Polyfilm Ltd.’s profitability increased by 58.39 % in this quarter.
- EPS over the Year and quarter: EPS increased by 49.53 % Year to Year. EPS increased by 58.42 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 72.47 Cr | Rs. 69.07 Cr | Rs. 78.13 Cr | + 13.12 % | + 7.81 % |
Expenses | Rs. 65.89 Cr | Rs. 62.07 Cr | Rs. 68.5 Cr | + 10.36 % | + 3.96 % |
Operating Profit | Rs. 6.58 Cr | Rs. 7 Cr | Rs. 9.63 Cr | + 37.57 % | + 46.35 % |
OPM % | 9.08 % | 10.13 % | 12.33 % | + 2.2 % | + 3.25 % |
Other Income | Rs. 0.33 Cr | Rs. 0.3 Cr | Rs. 0.64 Cr | + 113.33 % | + 93.94 % |
Interest | Rs. 0.26 Cr | Rs. 0.38 Cr | Rs. 0.32 Cr | -15.79 % | + 23.08 % |
Depreciation | Rs. 1.4 Cr | Rs. 1.29 Cr | Rs. 1.28 Cr | -0.78 % | -8.57 % |
Profit before tax | Rs. 5.25 Cr | Rs. 5.63 Cr | Rs. 8.67 Cr | + 54 % | + 65.14 % |
Tax % | 14.67 % | 24.87 % | 22.72 % | -2.15 % | + 8.05 % |
Net Profit | Rs. 4.48 Cr | Rs. 4.23 Cr | Rs. 6.7 Cr | + 58.39 % | + 49.55 % |
EPS in Rs | Rs. 2.14 | Rs. 2.02 | Rs. 3.2 | + 58.42 % | + 49.53 % |
Today, we’re looking at Premier Polyfilm Ltd.’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 7.81 %. However, it did see a marginal increase of 13.12 % from the previous quarter. Expenses ticked up slightly by 10.36 % quarter-on-quarter, aligning with the annual rise of 3.96 %. Operating profit, while up 46.35 % compared to last year, faced a quarter-on-quarter increase of 37.57 %, 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 3.25 %, but an expansion of 2.2 % sequentially. Other income rose by 113.33 % compared to the last quarter, despite an annual growth of 93.94 %. Interest expenses dropped significantly by -15.79 % from the previous quarter, yet the year-over-year increase remains at a moderate 23.08 %. Depreciation costs fell by -0.78 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -8.57 %. Profit before tax grew annually by 65.14 % but saw an increase from the preceding quarter by 54 %.
Tax expenses as a percentage of profits increased slightly by 8.05 % compared to last year, with a more notable quarter-on-quarter decrease of -2.15 %. Net profit rose by 49.55 % year-on-year but experienced a 58.39 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 49.53 % but a quarterly rise of 58.42 %. In summary, Premier Polyfilm 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. 72.47 Cr | Rs. 69.07 Cr | Rs. 78.13 Cr | + 13.12 % | + 7.81 % |
Expenses | Rs. 65.89 Cr | Rs. 62.07 Cr | Rs. 68.5 Cr | + 10.36 % | + 3.96 % |
Operating Profit | Rs. 6.58 Cr | Rs. 7 Cr | Rs. 9.63 Cr | + 37.57 % | + 46.35 % |
Net Profit | Rs. 4.48 Cr | Rs. 4.23 Cr | Rs. 6.7 Cr | + 58.39 % | + 49.55 % |
EPS in Rs | Rs. 2.14 | Rs. 2.02 | Rs. 3.2 | + 58.42 % | + 49.53 % |
In reviewing Premier Polyfilm Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 7.81 % year-on-year growth, however, there was a minor increase of 13.12 % from the previous quarter. Expenses rose by 3.96 % compared to the previous year, with a 10.36 % increase quarter-on-quarter. Operating Profit surged by 46.35 % annually, and saw a 37.57 % increase from the last quarter.
Net Profit showed yearly increase of 49.55 %, and experienced a 58.39 % increase from the previous quarter. Earnings Per Share (EPS) rose by 49.53 % annually, however rose by 58.42 % compared to the last quarter. In essence, while Premier Polyfilm Ltd. 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.