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Pritika Auto Industries ‘s Q2 Update: Profit Grows by 122.74% YoY

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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 -8.46 % over the year, decrease in net sales/revenue by -3.42 %.
  • 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 3384.44 %. Marginal increase in other income during this quarter, up by 4958.06%.
  • Profit over the Year and quarter: Significant improvement in profitability for Pritika Auto Industries Limited. Notable increase of 122.61 % in net profit Year to Year, Pritika Auto Industries Limited’s profitability increased by 136.44 % in this quarter.
  • EPS over the Year and quarter: EPS increased by 4.65 % Year to Year. EPS increased by 114.29 % in previous quarter. Positive impact on shareholders.

The comprehensive analytics outlining the performance and outlook of Pritika Auto Industries Limited‘s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 93.697 Cr Rs. 88.804 Cr Rs. 85.771 Cr -3.42 % -8.46 %
Expenses Rs. 81.48 Cr Rs. 74.38 Cr Rs. 70.75 Cr -4.88 % -13.17 %
Operating Profit Rs. 12.22 Cr Rs. 14.42 Cr Rs. 15.02 Cr + 4.16 % + 22.91 %
OPM % 13.04 % 16.24 % 17.51 % + 1.27 % + 4.47 %
Other Income Rs. 0.225 Cr Rs. 0.155 Cr Rs. 7.84 Cr + 4958.06 % + 3384.44 %
Interest Rs. 2.49 Cr Rs. 3.52 Cr Rs. 4.16 Cr + 18.18 % + 67.07 %
Depreciation Rs. 3.03 Cr Rs. 4.81 Cr Rs. 5.44 Cr + 13.1 % + 79.54 %
Profit before tax Rs. 6.93 Cr Rs. 6.25 Cr Rs. 13.26 Cr + 112.16 % + 91.34 %
Tax % 31.3 % 28.44 % 20.2 % -8.24 % -11.1 %
Net Profit Rs. 4.75 Cr Rs. 4.47 Cr Rs. 10.58 Cr + 136.69 % + 122.74 %
EPS in Rs Rs. 0.43 Rs. 0.21 Rs. 0.45 + 114.29 % + 4.65 %


Today, we’re looking at Pritika Auto Industries Limited’s financial performance for the Q2(Sep 2024-25).Starting with the top line, the company reported a significant year-over-year sales decline of -8.46 %. However, it did see a marginal slip of -3.42 % from the previous quarter. Expenses decreased slightly by -4.88 % quarter-on-quarter, aligning with the annual decline of -13.17 %. Operating profit, while up 22.91 % compared to last year, faced a quarter-on-quarter increase of 4.16 %, 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 4.47 %, but an expansion of 1.27 % sequentially. Other income rose by 4958.06 % compared to the last quarter, despite an annual growth of 3384.44 %. Interest expenses surged remarkably by 18.18 % from the previous quarter, yet the year-over-year increase remains at a moderate 67.07 %. Depreciation costs climbed by 13.1 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 79.54 %. Profit before tax grew annually by 91.34 % but saw an increase from the preceding quarter by 112.16 %.
Tax expenses as a percentage of profits decreased slightly by -11.1 % compared to last year, with a more notable quarter-on-quarter decrease of -8.24 %. Net profit rose by 122.74 % year-on-year but experienced a 136.69 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 4.65 % but a quarterly rise of 114.29 %. In summary, Pritika Auto Industries 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. 93.697 Cr Rs. 88.804 Cr Rs. 85.771 Cr -3.42 % -8.46 %
Expenses Rs. 81.48 Cr Rs. 74.38 Cr Rs. 70.75 Cr -4.88 % -13.17 %
Operating Profit Rs. 12.22 Cr Rs. 14.42 Cr Rs. 15.02 Cr + 4.16 % + 22.91 %
Net Profit Rs. 4.75 Cr Rs. 4.47 Cr Rs. 10.58 Cr + 136.69 % + 122.74 %
EPS in Rs Rs. 0.43 Rs. 0.21 Rs. 0.45 + 114.29 % + 4.65 %


In reviewing Pritika Auto Industries Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -8.46 % year-on-year, although there was a slight dip of -3.42 % from the previous quarter. Expenses decreased by -13.17 % compared to the previous year, with a decrease of -4.88 % quarter-on-quarter. Operating Profit surged by 22.91 % annually, and saw a 4.16 % increase from the last quarter.
Net Profit showed yearly increase of 122.74 %, and experienced a 136.69 % increase from the previous quarter. Earnings Per Share (EPS) rose by 4.65 % annually, however rose by 114.29 % compared to the last quarter. In essence, while Pritika Auto Industries 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.

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