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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 11.59 % in the past year, substantial increase in net sales/revenue by 2.02 %.
- 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 131.38 %. Marginal increase in other income during this quarter, up by 124.23%.
- Profit over the Year and quarter: Significant improvement in profitability for Pricol Limited. Notable increase of 39.25 % in net profit Year to Year, Pricol Limited’s profitability increased by 22 % in this quarter.
- EPS over the Year and quarter: EPS increased by 39.18 % Year to Year. EPS increased by 22.22 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 523.484 Cr | Rs. 572.586 Cr | Rs. 584.164 Cr | + 2.02 % | + 11.59 % |
Expenses | Rs. 462.07 Cr | Rs. 504.77 Cr | Rs. 510.03 Cr | + 1.04 % | + 10.38 % |
Operating Profit | Rs. 61.41 Cr | Rs. 67.82 Cr | Rs. 74.13 Cr | + 9.3 % | + 20.71 % |
OPM % | 11.73 % | 11.84 % | 12.69 % | + 0.85 % | + 0.96 % |
Other Income | Rs. 1.88 Cr | Rs. 1.94 Cr | Rs. 4.35 Cr | + 124.23 % | + 131.38 % |
Interest | Rs. 4.86 Cr | Rs. 4.7 Cr | Rs. 3.78 Cr | -19.57 % | -22.22 % |
Depreciation | Rs. 17.25 Cr | Rs. 20.99 Cr | Rs. 20.1 Cr | -4.24 % | + 16.52 % |
Profit before tax | Rs. 41.18 Cr | Rs. 44.07 Cr | Rs. 54.6 Cr | + 23.89 % | + 32.59 % |
Tax % | 27.65 % | 22.8 % | 24 % | + 1.2 % | -3.65 % |
Net Profit | Rs. 29.8 Cr | Rs. 34.02 Cr | Rs. 41.5 Cr | + 21.99 % | + 39.26 % |
EPS in Rs | Rs. 2.45 | Rs. 2.79 | Rs. 3.41 | + 22.22 % | + 39.18 % |
Today, we’re looking at Pricol 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 11.59 %. However, it did see a marginal increase of 2.02 % from the previous quarter. Expenses ticked up slightly by 1.04 % quarter-on-quarter, aligning with the annual rise of 10.38 %. Operating profit, while up 20.71 % compared to last year, faced a quarter-on-quarter increase of 9.3 %, 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 0.96 %, but an expansion of 0.85 % sequentially. Other income rose by 124.23 % compared to the last quarter, despite an annual growth of 131.38 %. Interest expenses dropped significantly by -19.57 % from the previous quarter, yet the year-over-year decrease remains at a moderate -22.22 %. Depreciation costs fell by -4.24 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 16.52 %. Profit before tax grew annually by 32.59 % but saw an increase from the preceding quarter by 23.89 %.
Tax expenses as a percentage of profits decreased slightly by -3.65 % compared to last year, with a more notable quarter-on-quarter increase of 1.2 %. Net profit rose by 39.26 % year-on-year but experienced a 21.99 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 39.18 % but a quarterly rise of 22.22 %. In summary, Pricol 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. 523.484 Cr | Rs. 572.586 Cr | Rs. 584.164 Cr | + 2.02 % | + 11.59 % |
Expenses | Rs. 462.07 Cr | Rs. 504.77 Cr | Rs. 510.03 Cr | + 1.04 % | + 10.38 % |
Operating Profit | Rs. 61.41 Cr | Rs. 67.82 Cr | Rs. 74.13 Cr | + 9.3 % | + 20.71 % |
Net Profit | Rs. 29.8 Cr | Rs. 34.02 Cr | Rs. 41.5 Cr | + 21.99 % | + 39.26 % |
EPS in Rs | Rs. 2.45 | Rs. 2.79 | Rs. 3.41 | + 22.22 % | + 39.18 % |
In reviewing Pricol Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 11.59 % year-on-year growth, however, there was a minor increase of 2.02 % from the previous quarter. Expenses rose by 10.38 % compared to the previous year, with a 1.04 % increase quarter-on-quarter. Operating Profit surged by 20.71 % annually, and saw a 9.3 % increase from the last quarter.
Net Profit showed yearly increase of 39.26 %, and experienced a 21.99 % increase from the previous quarter. Earnings Per Share (EPS) rose by 39.18 % annually, however rose by 22.22 % compared to the last quarter. In essence, while Pricol Limited 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.