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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 -2.89 % over the year, decrease in net sales/revenue by -17.63 %.
- 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 11.95 %. Marginal increase in other income during this quarter, up by 20.62%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Walchand Peoplefirst Limited. Profit dropped by -168.67 % Year to Year, Walchand Peoplefirst Limited’s profitability dropped by -122.01 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -168.81 % Year to Year. EPS decreased by -122.06 % 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. 5.679 Cr | Rs. 6.695 Cr | Rs. 5.515 Cr | -17.63 % | -2.89 % |
| Expenses | Rs. 6.08 Cr | Rs. 6.09 Cr | Rs. 6.82 Cr | + 11.99 % | + 12.17 % |
| Operating Profit | Rs. -0.4 Cr | Rs. 0.61 Cr | Rs. -1.31 Cr | -314.75 % | -227.5 % |
| OPM % | -7.04 % | 9.11 % | -23.75 % | -32.86 % | -16.71 % |
| Other Income | Rs. 0.946 Cr | Rs. 0.878 Cr | Rs. 1.059 Cr | + 20.62 % | + 11.95 % |
| Interest | Rs. 0.02 Cr | Rs. 0.01 Cr | Rs. 0.01 Cr | + 0 % | -50 % |
| Depreciation | Rs. 0.12 Cr | Rs. 0.12 Cr | Rs. 0.09 Cr | -25 % | -25 % |
| Profit before tax | Rs. 0.41 Cr | Rs. 1.36 Cr | Rs. -0.35 Cr | -125.74 % | -185.37 % |
| Tax % | 23.11 % | 26.85 % | -37.1 % | -63.95 % | -60.21 % |
| Net Profit | Rs. 0.32 Cr | Rs. 0.99 Cr | Rs. -0.22 Cr | -122.22 % | -168.75 % |
| EPS in Rs | Rs. 1.09 | Rs. 3.4 | Rs. -0.75 | -122.06 % | -168.81 % |
Today, we’re looking at Walchand Peoplefirst 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 -2.89 %. However, it did see a marginal slip of -17.63 % from the previous quarter. Expenses ticked up slightly by 11.99 % quarter-on-quarter, aligning with the annual rise of 12.17 %. Operating profit, while down -227.5 % compared to last year, faced a quarter-on-quarter dip of -314.75 %, 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 -16.71 %, but a shrinkage of -32.86 % sequentially. Other income rose by 20.62 % compared to the last quarter, despite an annual growth of 11.95 %. Interest expenses surged remarkably by 0 % from the previous quarter, yet the year-over-year decrease remains at a moderate -50 %. Depreciation costs fell by -25 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -25 %. Profit before tax declined annually by -185.37 % but saw a reduction from the preceding quarter by -125.74 %.
Tax expenses as a percentage of profits decreased slightly by -60.21 % compared to last year, with a more notable quarter-on-quarter decrease of -63.95 %. Net profit fell by -168.75 % year-on-year but witnessed a -122.22 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -168.81 % but a quarterly fall of -122.06 %. In summary, Walchand Peoplefirst 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. 5.679 Cr | Rs. 6.695 Cr | Rs. 5.515 Cr | -17.63 % | -2.89 % |
| Expenses | Rs. 6.08 Cr | Rs. 6.09 Cr | Rs. 6.82 Cr | + 11.99 % | + 12.17 % |
| Operating Profit | Rs. -0.4 Cr | Rs. 0.61 Cr | Rs. -1.31 Cr | -314.75 % | -227.5 % |
| Net Profit | Rs. 0.32 Cr | Rs. 0.99 Cr | Rs. -0.22 Cr | -122.22 % | -168.75 % |
| EPS in Rs | Rs. 1.09 | Rs. 3.4 | Rs. -0.75 | -122.06 % | -168.81 % |
In reviewing Walchand Peoplefirst Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -2.89 % year-on-year, although there was a slight dip of -17.63 % from the previous quarter. Expenses rose by 12.17 % compared to the previous year, with a 11.99 % increase quarter-on-quarter. Operating Profit dropped by -227.5 % annually, and saw a -314.75 % decrease from the last quarter.
Net Profit showed yearly decrease of -168.75 %, and experienced a -122.22 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -168.81 % annually, however dipped by -122.06 % compared to the last quarter. In essence, while Walchand Peoplefirst 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.
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