Share the post "Premier Polyfilm : Q4 2024 Financial Quarterly Report : YoY Sales Up 7.81 %, QoQ Up 13.12 %"
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.
35
3-Year Profit
36
5-Year Profit
21
10-Year Profit
225
Current Price
471
Market Cap
Upon examining the financial data for BSE code 514354, it becomes clear that the company achieved a notable five-year profit of 36 percents, which impressively increased to 35 percents in the three-year window. This upward trajectory, however, has been overshadowed by the latest trailing twelve-month (TTM) figures, which indicate a concerning loss of 52 percents. This financial loss is further compounded by the fact that the company has not recorded any sales across any of the timeframes under consideration. Such an unusual situation might suggest that the company operates under an unconventional business model, which could potentially carry higher risks. In terms of stock performance, the company’s stock price has seen a decline, falling from 64 percents over the five-year period to just 125 percents in the last year. The ten-year average stock price, which sits at 36 percents, highlights long-term volatility, casting doubt on the company's ability to sustain its market position over time. This warrants further investigation into the factors driving these fluctuations.
The company has a market capitalization of ₹471 crore and is currently trading at a stock price of ₹225. Over time, the stock has fluctuated between the historical highs and lows of ₹254 / 98.0, reflecting the market's volatility. With a Price-to-Earnings (P/E) ratio of 22.9, the stock appears highly valued, indicating that investors are willing to pay a premium for its earnings potential. The company's book value per share stands at ₹45.1, showcasing the underlying asset value. Additionally, the dividend yield is 0.22%, suggesting that the company offers shareholders a moderate return on their investment in the form of dividends. The Return on Capital Employed (ROCE) is 30.6%, indicating the efficiency with which the company generates profit from its capital. Meanwhile, the Return on Equity (ROE) is 24.5%, highlighting the profitability relative to shareholder equity. Despite these figures, the company maintains a very low debt-to-equity ratio of 0.00, signaling minimal leverage. It also reports a net cash flow of ₹11.4 crore, reflecting the company's ability to generate cash. The Piotroski score is 9.00, a measure of the company's financial strength, while the Graham Number estimates the intrinsic value of the stock at ₹99.9. The Price-to-Book (P/B) ratio of 4.99 further suggests that the stock is trading at a premium relative to its book value, potentially reflecting positive market sentiment or expectations of future growth.