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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 -15.03 % over the year, decrease in net sales/revenue by -8.64 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -99.71 %, Marginal decrease of -97.8% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for PTC India Financial Services Limited. Notable increase of 20.78 % in net profit Year to Year, PTC India Financial Services Limited’s profitability increased by 220.59 % in this quarter.
- EPS over the Year and quarter: EPS increased by 21.05 % Year to Year. EPS increased by 213.64 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 189.752 Cr | Rs. 176.463 Cr | Rs. 161.224 Cr | -8.64 % | -15.03 % |
| Expenses | Rs. 33.99 Cr | Rs. 63.92 Cr | Rs. 12.15 Cr | -80.99 % | -64.25 % |
| Operating Profit | Rs. 155.76 Cr | Rs. 112.54 Cr | Rs. 149.07 Cr | + 32.46 % | -4.3 % |
| OPM % | 82.09 % | 63.78 % | 92.46 % | + 28.68 % | + 10.37 % |
| Other Income | Rs. 3.482 Cr | Rs. 0.454 Cr | Rs. 0.01 Cr | -97.8 % | -99.71 % |
| Interest | Rs. 108.47 Cr | Rs. 92.12 Cr | Rs. 88.16 Cr | -4.3 % | -18.72 % |
| Depreciation | Rs. 1.53 Cr | Rs. 1.61 Cr | Rs. 1.58 Cr | -1.86 % | + 3.27 % |
| Profit before tax | Rs. 49.24 Cr | Rs. 19.26 Cr | Rs. 59.34 Cr | + 208.1 % | + 20.51 % |
| Tax % | 25.34 % | 28.11 % | 25.18 % | -2.93 % | -0.16 % |
| Net Profit | Rs. 36.76 Cr | Rs. 13.85 Cr | Rs. 44.4 Cr | + 220.58 % | + 20.78 % |
| EPS in Rs | Rs. 0.57 | Rs. 0.22 | Rs. 0.69 | + 213.64 % | + 21.05 % |
Today, we’re looking at PTC India Financial Services 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 -15.03 %. However, it did see a marginal slip of -8.64 % from the previous quarter. Expenses decreased slightly by -80.99 % quarter-on-quarter, aligning with the annual decline of -64.25 %. Operating profit, while down -4.3 % compared to last year, faced a quarter-on-quarter increase of 32.46 %, 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 10.37 %, but an expansion of 28.68 % sequentially. Other income fell by -97.8 % compared to the last quarter, despite an annual decline of -99.71 %. Interest expenses dropped significantly by -4.3 % from the previous quarter, yet the year-over-year decrease remains at a moderate -18.72 %. Depreciation costs fell by -1.86 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 3.27 %. Profit before tax grew annually by 20.51 % but saw an increase from the preceding quarter by 208.1 %.
Tax expenses as a percentage of profits decreased slightly by -0.16 % compared to last year, with a more notable quarter-on-quarter decrease of -2.93 %. Net profit rose by 20.78 % year-on-year but experienced a 220.58 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 21.05 % but a quarterly rise of 213.64 %. In summary, PTC India Financial Services 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. 189.752 Cr | Rs. 176.463 Cr | Rs. 161.224 Cr | -8.64 % | -15.03 % |
| Expenses | Rs. 33.99 Cr | Rs. 63.92 Cr | Rs. 12.15 Cr | -80.99 % | -64.25 % |
| Operating Profit | Rs. 155.76 Cr | Rs. 112.54 Cr | Rs. 149.07 Cr | + 32.46 % | -4.3 % |
| Net Profit | Rs. 36.76 Cr | Rs. 13.85 Cr | Rs. 44.4 Cr | + 220.58 % | + 20.78 % |
| EPS in Rs | Rs. 0.57 | Rs. 0.22 | Rs. 0.69 | + 213.64 % | + 21.05 % |
In reviewing PTC India Financial Services Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -15.03 % year-on-year, although there was a slight dip of -8.64 % from the previous quarter. Expenses decreased by -64.25 % compared to the previous year, with a decrease of -80.99 % quarter-on-quarter. Operating Profit dropped by -4.3 % annually, and saw a 32.46 % increase from the last quarter.
Net Profit showed yearly increase of 20.78 %, and experienced a 220.58 % increase from the previous quarter. Earnings Per Share (EPS) rose by 21.05 % annually, however rose by 213.64 % compared to the last quarter. In essence, while PTC India Financial Services 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.
