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Highlights
🔹 The presented financial data is Standalone to provide a comprehensive overview of the company performance. 🔹 Sales over the Year and quarter: The company’s sales declined by -6.61 % over the year, decrease in net sales/revenue by -7.13 %. 🔹 Income over the Year and quarter: There has been decline in other income over the past year which is -49.5 %, Marginal decrease of -61.35% in other income during this quarter. 🔹 Profit over the Year and quarter: Challenges in sustaining profitability for Prince Pipes And Fittings Limited. Profit dropped by -154.27 % Year to Year, Prince Pipes And Fittings Limited’s profitability dropped by -238.86 % Quarter to Quarter. 🔹 EPS over the Year and quarter: EPS declined by -154.41 % Year to Year. EPS decreased by -239.1 % in previous quarter. Analysis needed for shareholder value.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 618.615 Cr | Rs. 622.066 Cr | Rs. 577.724 Cr | -7.13 % | -6.61 % |
Expenses | Rs. 542.96 Cr | Rs. 576.37 Cr | Rs. 574.75 Cr | -0.28 % | + 5.85 % |
Operating Profit | Rs. 75.66 Cr | Rs. 45.7 Cr | Rs. 2.97 Cr | -93.5 % | -96.07 % |
OPM % | 12.23 % | 7.35 % | 0.51 % | -6.84 % | -11.72 % |
Other Income | Rs. 3.014 Cr | Rs. 3.938 Cr | Rs. 1.522 Cr | -61.35 % | -49.5 % |
Interest | Rs. 2.71 Cr | Rs. 1.64 Cr | Rs. 3.25 Cr | + 98.17 % | + 19.93 % |
Depreciation | Rs. 22.91 Cr | Rs. 27.56 Cr | Rs. 26.43 Cr | -4.1 % | + 15.36 % |
Profit before tax | Rs. 53.05 Cr | Rs. 20.44 Cr | Rs. -25.19 Cr | -223.24 % | -147.48 % |
Tax % | 29.06 % | 28.02 % | -18.9 % | -46.92 % | -47.96 % |
Net Profit | Rs. 37.63 Cr | Rs. 14.71 Cr | Rs. -20.42 Cr | -238.82 % | -154.27 % |
EPS in Rs | Rs. 3.4 | Rs. 1.33 | Rs. -1.85 | -239.1 % | -154.41 % |
Today, we’re looking at Prince Pipes And Fittings Limited’s financial performance for the Q3(Dec 2024-25).Starting with the top line, the company reported a significant year-over-year sales decline of -6.61 %. However, it did see a marginal slip of -7.13 % from the previous quarter. Expenses decreased slightly by -0.28 % quarter-on-quarter, aligning with the annual rise of 5.85 %. Operating profit, while down -96.07 % compared to last year, faced a quarter-on-quarter dip of -93.5 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -11.72 %, but a shrinkage of -6.84 % sequentially. Other income fell by -61.35 % compared to the last quarter, despite an annual decline of -49.5 %. Interest expenses surged remarkably by 98.17 % from the previous quarter, yet the year-over-year increase remains at a moderate 19.93 %. Depreciation costs fell by -4.1 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 15.36 %. Profit before tax declined annually by -147.48 % but saw a reduction from the preceding quarter by -223.24 %.
Tax expenses as a percentage of profits decreased slightly by -47.96 % compared to last year, with a more notable quarter-on-quarter decrease of -46.92 %. Net profit fell by -154.27 % year-on-year but witnessed a -238.82 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -154.41 % but a quarterly fall of -239.1 %. In summary, Prince Pipes And Fittings 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. 618.615 Cr | Rs. 622.066 Cr | Rs. 577.724 Cr | -7.13 % | -6.61 % |
Expenses | Rs. 542.96 Cr | Rs. 576.37 Cr | Rs. 574.75 Cr | -0.28 % | + 5.85 % |
Operating Profit | Rs. 75.66 Cr | Rs. 45.7 Cr | Rs. 2.97 Cr | -93.5 % | -96.07 % |
Net Profit | Rs. 37.63 Cr | Rs. 14.71 Cr | Rs. -20.42 Cr | -238.82 % | -154.27 % |
EPS in Rs | Rs. 3.4 | Rs. 1.33 | Rs. -1.85 | -239.1 % | -154.41 % |
In reviewing Prince Pipes And Fittings Limited’s 2024-25(Q3) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -6.61 % year-on-year, although there was a slight dip of -7.13 % from the previous quarter. Expenses rose by 5.85 % compared to the previous year, with a decrease of -0.28 % quarter-on-quarter. Operating Profit dropped by -96.07 % annually, and saw a -93.5 % decrease from the last quarter.
Net Profit showed yearly decrease of -154.27 %, and experienced a -238.82 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -154.41 % annually, however dipped by -239.1 % compared to the last quarter. In essence, while Prince Pipes And Fittings 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.