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Highlights
- Sales over the Year and quarter: The company’s sales declined by -0.83 % over the year, substantial increase in net sales/revenue by 1.23 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -31.25 %, Marginal decrease of -160% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Purity Flex Pack Ltd. Profit dropped by -56.5 % Year to Year, Purity Flex Pack Ltd’s profitability increased by 48.79 % in this quarter.
- EPS over the Year and quarter: EPS declined by -56.45 % Year to Year. EPS increased by 48.7 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 26.478 Cr | Rs. 25.939 Cr | Rs. 26.258 Cr | + 1.23 % | -0.83 % |
Expenses | Rs. 23.93 Cr | Rs. 24.7 Cr | Rs. 24.13 Cr | -2.31 % | + 0.84 % |
Operating Profit | Rs. 2.55 Cr | Rs. 1.24 Cr | Rs. 2.13 Cr | + 71.77 % | -16.47 % |
OPM % | 9.63 % | 4.78 % | 8.11 % | + 3.33 % | -1.52 % |
Other Income | Rs. -0.16 Cr | Rs. 0.35 Cr | Rs. -0.21 Cr | -160 % | -31.25 % |
Interest | Rs. 0.65 Cr | Rs. 0.44 Cr | Rs. 0.51 Cr | + 15.91 % | -21.54 % |
Depreciation | Rs. 0.97 Cr | Rs. 0.93 Cr | Rs. 0.95 Cr | + 2.15 % | -2.06 % |
Profit before tax | Rs. 0.77 Cr | Rs. 0.22 Cr | Rs. 0.46 Cr | + 109.09 % | -40.26 % |
Tax % | 7.45 % | 1.43 % | 32.46 % | + 31.03 % | + 25.01 % |
Net Profit | Rs. 0.71 Cr | Rs. 0.21 Cr | Rs. 0.31 Cr | + 47.62 % | -56.34 % |
EPS in Rs | Rs. 6.59 | Rs. 1.93 | Rs. 2.87 | + 48.7 % | -56.45 % |
Today, we’re looking at Purity Flex Pack Ltd’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -0.83 %. However, it did see a marginal increase of 1.23 % from the previous quarter. Expenses decreased slightly by -2.31 % quarter-on-quarter, aligning with the annual rise of 0.84 %. Operating profit, while down -16.47 % compared to last year, faced a quarter-on-quarter increase of 71.77 %, 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 -1.52 %, but an expansion of 3.33 % sequentially. Other income fell by -160 % compared to the last quarter, despite an annual decline of -31.25 %. Interest expenses surged remarkably by 15.91 % from the previous quarter, yet the year-over-year decrease remains at a moderate -21.54 %. Depreciation costs climbed by 2.15 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -2.06 %. Profit before tax declined annually by -40.26 % but saw an increase from the preceding quarter by 109.09 %.
Tax expenses as a percentage of profits increased slightly by 25.01 % compared to last year, with a more notable quarter-on-quarter increase of 31.03 %. Net profit fell by -56.34 % year-on-year but experienced a 47.62 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -56.45 % but a quarterly rise of 48.7 %. 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. 26.478 Cr | Rs. 25.939 Cr | Rs. 26.258 Cr | + 1.23 % | -0.83 % |
Expenses | Rs. 23.93 Cr | Rs. 24.7 Cr | Rs. 24.13 Cr | -2.31 % | + 0.84 % |
Operating Profit | Rs. 2.55 Cr | Rs. 1.24 Cr | Rs. 2.13 Cr | + 71.77 % | -16.47 % |
Net Profit | Rs. 0.71 Cr | Rs. 0.21 Cr | Rs. 0.31 Cr | + 47.62 % | -56.34 % |
EPS in Rs | Rs. 6.59 | Rs. 1.93 | Rs. 2.87 | + 48.7 % | -56.45 % |
In reviewing Purity Flex Pack Ltd’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -0.83 % year-on-year, however, there was a minor increase of 1.23 % from the previous quarter. Expenses rose by 0.84 % compared to the previous year, with a decrease of -2.31 % quarter-on-quarter. Operating Profit dropped by -16.47 % annually, and saw a 71.77 % increase from the last quarter.
Net Profit showed yearly decrease of -56.34 %, and experienced a 47.62 % increase from the previous quarter. Earnings Per Share (EPS) fell by -56.45 % annually, however rose by 48.7 % compared to the last quarter. In essence, while Purity Flex Pack Ltd faces strong annual decline 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.