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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 experienced a substantial growth of 4.18 % in the past year, substantial increase in net sales/revenue by 5.7 %.
- 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 210 %. Marginal increase in other income during this quarter, up by 114.49%.
- Profit over the Year and quarter: Significant improvement in profitability for Purity Flex Pack Ltd. Notable increase of 381.31 % in net profit Year to Year, Purity Flex Pack Ltd’s profitability increased by 67.21 % in this quarter.
- EPS over the Year and quarter: EPS increased by 380.00 % Year to Year. EPS increased by 67.25 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 26.643 Cr | Rs. 26.258 Cr | Rs. 27.756 Cr | + 5.7 % | + 4.18 % |
Expenses | Rs. 24.93 Cr | Rs. 24.13 Cr | Rs. 25.7 Cr | + 6.51 % | + 3.09 % |
Operating Profit | Rs. 1.71 Cr | Rs. 2.13 Cr | Rs. 2.06 Cr | -3.29 % | + 20.47 % |
OPM % | 6.42 % | 8.11 % | 7.42 % | -0.69 % | + 1 % |
Other Income | Rs. 0.01 Cr | Rs. -0.214 Cr | Rs. 0.031 Cr | + 114.49 % | + 210 % |
Interest | Rs. 0.57 Cr | Rs. 0.51 Cr | Rs. 0.44 Cr | -13.73 % | -22.81 % |
Depreciation | Rs. 0.98 Cr | Rs. 0.95 Cr | Rs. 0.95 Cr | + 0 % | -3.06 % |
Profit before tax | Rs. 0.17 Cr | Rs. 0.46 Cr | Rs. 0.7 Cr | + 52.17 % | + 311.76 % |
Tax % | 40.88 % | 32.46 % | 27.16 % | -5.3 % | -13.72 % |
Net Profit | Rs. 0.11 Cr | Rs. 0.31 Cr | Rs. 0.52 Cr | + 67.74 % | + 372.73 % |
EPS in Rs | Rs. 1 | Rs. 2.87 | Rs. 4.8 | + 67.25 % | + 380 % |
Today, we’re looking at Purity Flex Pack Ltd’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 4.18 %. However, it did see a marginal increase of 5.7 % from the previous quarter. Expenses ticked up slightly by 6.51 % quarter-on-quarter, aligning with the annual rise of 3.09 %. Operating profit, while up 20.47 % compared to last year, faced a quarter-on-quarter dip of -3.29 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 1 %, but a shrinkage of -0.69 % sequentially. Other income rose by 114.49 % compared to the last quarter, despite an annual growth of 210 %. Interest expenses dropped significantly by -13.73 % from the previous quarter, yet the year-over-year decrease remains at a moderate -22.81 %. Depreciation costs climbed by 0 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -3.06 %. Profit before tax grew annually by 311.76 % but saw an increase from the preceding quarter by 52.17 %.
Tax expenses as a percentage of profits decreased slightly by -13.72 % compared to last year, with a more notable quarter-on-quarter decrease of -5.3 %. Net profit rose by 372.73 % year-on-year but experienced a 67.74 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 380 % but a quarterly rise of 67.25 %. In summary, Purity Flex Pack Ltd’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. 26.643 Cr | Rs. 26.258 Cr | Rs. 27.756 Cr | + 5.7 % | + 4.18 % |
Expenses | Rs. 24.93 Cr | Rs. 24.13 Cr | Rs. 25.7 Cr | + 6.51 % | + 3.09 % |
Operating Profit | Rs. 1.71 Cr | Rs. 2.13 Cr | Rs. 2.06 Cr | -3.29 % | + 20.47 % |
Net Profit | Rs. 0.11 Cr | Rs. 0.31 Cr | Rs. 0.52 Cr | + 67.74 % | + 372.73 % |
EPS in Rs | Rs. 1 | Rs. 2.87 | Rs. 4.8 | + 67.25 % | + 380 % |
In reviewing Purity Flex Pack Ltd’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 4.18 % year-on-year growth, however, there was a minor increase of 5.7 % from the previous quarter. Expenses rose by 3.09 % compared to the previous year, with a 6.51 % increase quarter-on-quarter. Operating Profit surged by 20.47 % annually, and saw a -3.29 % decrease from the last quarter.
Net Profit showed yearly increase of 372.73 %, and experienced a 67.74 % increase from the previous quarter. Earnings Per Share (EPS) rose by 380 % annually, however rose by 67.25 % compared to the last quarter. In essence, while Purity Flex Pack Ltd 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.