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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’s sales declined by -32.79 % over the year, decrease in net sales/revenue by -5.77 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -49.01 %, Marginal decrease of -67.07% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Prime Focus Limited. Notable increase of 119.27 % in net profit Year to Year, Prime Focus Limited’s profitability increased by 96.59 % in this quarter.
- EPS over the Year and quarter: EPS increased by 118.67 % Year to Year. EPS increased by 96.64 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 1210.288 Cr | Rs. 863.237 Cr | Rs. 813.44 Cr | -5.77 % | -32.79 % |
Expenses | Rs. 1057.23 Cr | Rs. 831.49 Cr | Rs. 738.56 Cr | -11.18 % | -30.14 % |
Operating Profit | Rs. 153.06 Cr | Rs. 31.75 Cr | Rs. 74.88 Cr | + 135.84 % | -51.08 % |
OPM % | 12.65 % | 3.68 % | 9.21 % | + 5.53 % | -3.44 % |
Other Income | Rs. 58.607 Cr | Rs. 90.746 Cr | Rs. 29.883 Cr | -67.07 % | -49.01 % |
Interest | Rs. 155.67 Cr | Rs. 125.19 Cr | Rs. 127.21 Cr | + 1.61 % | -18.28 % |
Depreciation | Rs. 124.8 Cr | Rs. 113.1 Cr | Rs. 112.32 Cr | -0.69 % | -10 % |
Profit before tax | Rs. -68.8 Cr | Rs. -115.79 Cr | Rs. -134.77 Cr | -16.39 % | -95.89 % |
Tax % | -4.78 % | -30.56 % | -17.29 % | + 13.27 % | -12.51 % |
Net Profit | Rs. -72.09 Cr | Rs. -80.41 Cr | Rs. -158.08 Cr | -96.59 % | -119.28 % |
EPS in Rs | Rs. -2.41 | Rs. -2.68 | Rs. -5.27 | -96.64 % | -118.67 % |
Today, we’re looking at Prime Focus Limited’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -32.79 %. However, it did see a marginal slip of -5.77 % from the previous quarter. Expenses decreased slightly by -11.18 % quarter-on-quarter, aligning with the annual decline of -30.14 %. Operating profit, while down -51.08 % compared to last year, faced a quarter-on-quarter increase of 135.84 %, 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 -3.44 %, but an expansion of 5.53 % sequentially. Other income fell by -67.07 % compared to the last quarter, despite an annual decline of -49.01 %. Interest expenses surged remarkably by 1.61 % from the previous quarter, yet the year-over-year decrease remains at a moderate -18.28 %. Depreciation costs fell by -0.69 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -10 %. Profit before tax declined annually by -95.89 % but saw a reduction from the preceding quarter by -16.39 %.
Tax expenses as a percentage of profits decreased slightly by -12.51 % compared to last year, with a more notable quarter-on-quarter increase of 13.27 %. Net profit fell by -119.28 % year-on-year but witnessed a -96.59 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -118.67 % but a quarterly fall of -96.64 %. In summary, Prime Focus 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. 1210.288 Cr | Rs. 863.237 Cr | Rs. 813.44 Cr | -5.77 % | -32.79 % |
Expenses | Rs. 1057.23 Cr | Rs. 831.49 Cr | Rs. 738.56 Cr | -11.18 % | -30.14 % |
Operating Profit | Rs. 153.06 Cr | Rs. 31.75 Cr | Rs. 74.88 Cr | + 135.84 % | -51.08 % |
Net Profit | Rs. -72.09 Cr | Rs. -80.41 Cr | Rs. -158.08 Cr | -96.59 % | -119.28 % |
EPS in Rs | Rs. -2.41 | Rs. -2.68 | Rs. -5.27 | -96.64 % | -118.67 % |
In reviewing Prime Focus Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -32.79 % year-on-year, although there was a slight dip of -5.77 % from the previous quarter. Expenses decreased by -30.14 % compared to the previous year, with a decrease of -11.18 % quarter-on-quarter. Operating Profit dropped by -51.08 % annually, and saw a 135.84 % increase from the last quarter.
Net Profit showed yearly decrease of -119.28 %, and experienced a -96.59 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -118.67 % annually, however dipped by -96.64 % compared to the last quarter. In essence, while Prime Focus 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.
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