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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 experienced a substantial growth of 1.35 % in the past year, decrease in net sales/revenue by -38.7 %.
- 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 153.18 %. Marginal increase in other income during this quarter, up by 12.1%.
- Profit over the Year and quarter: Significant improvement in profitability for WPIL Ltd. Notable increase of 6.49 % in net profit Year to Year, WPIL Ltd’s profitability dropped by -34.62 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -87.83 % Year to Year. EPS decreased by -93.94 % 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. 357.712 Cr | Rs. 591.407 Cr | Rs. 362.525 Cr | -38.7 % | + 1.35 % |
Expenses | Rs. 291.37 Cr | Rs. 489.14 Cr | Rs. 302.27 Cr | -38.2 % | + 3.74 % |
Operating Profit | Rs. 66.34 Cr | Rs. 102.27 Cr | Rs. 60.26 Cr | -41.08 % | -9.16 % |
OPM % | 18.55 % | 17.29 % | 16.62 % | -0.67 % | -1.93 % |
Other Income | Rs. 4.712 Cr | Rs. 10.642 Cr | Rs. 11.93 Cr | + 12.1 % | + 153.18 % |
Interest | Rs. 7.74 Cr | Rs. 6.96 Cr | Rs. 7.54 Cr | + 8.33 % | -2.58 % |
Depreciation | Rs. 9.21 Cr | Rs. 7.99 Cr | Rs. 7.67 Cr | -4.01 % | -16.72 % |
Profit before tax | Rs. 54.1 Cr | Rs. 97.96 Cr | Rs. 56.98 Cr | -41.83 % | + 5.32 % |
Tax % | 26.75 % | 26.34 % | 27.15 % | + 0.81 % | + 0.4 % |
Net Profit | Rs. 40.43 Cr | Rs. 65.85 Cr | Rs. 43.05 Cr | -34.62 % | + 6.48 % |
EPS in Rs | Rs. 32.54 | Rs. 65.31 | Rs. 3.96 | -93.94 % | -87.83 % |
Today, we’re looking at WPIL 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 1.35 %. However, it did see a marginal slip of -38.7 % from the previous quarter. Expenses decreased slightly by -38.2 % quarter-on-quarter, aligning with the annual rise of 3.74 %. Operating profit, while down -9.16 % compared to last year, faced a quarter-on-quarter dip of -41.08 %, 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 -1.93 %, but a shrinkage of -0.67 % sequentially. Other income rose by 12.1 % compared to the last quarter, despite an annual growth of 153.18 %. Interest expenses surged remarkably by 8.33 % from the previous quarter, yet the year-over-year decrease remains at a moderate -2.58 %. Depreciation costs fell by -4.01 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -16.72 %. Profit before tax grew annually by 5.32 % but saw a reduction from the preceding quarter by -41.83 %.
Tax expenses as a percentage of profits increased slightly by 0.4 % compared to last year, with a more notable quarter-on-quarter increase of 0.81 %. Net profit rose by 6.48 % year-on-year but witnessed a -34.62 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -87.83 % but a quarterly fall of -93.94 %. In summary, WPIL 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. 357.712 Cr | Rs. 591.407 Cr | Rs. 362.525 Cr | -38.7 % | + 1.35 % |
Expenses | Rs. 291.37 Cr | Rs. 489.14 Cr | Rs. 302.27 Cr | -38.2 % | + 3.74 % |
Operating Profit | Rs. 66.34 Cr | Rs. 102.27 Cr | Rs. 60.26 Cr | -41.08 % | -9.16 % |
Net Profit | Rs. 40.43 Cr | Rs. 65.85 Cr | Rs. 43.05 Cr | -34.62 % | + 6.48 % |
EPS in Rs | Rs. 32.54 | Rs. 65.31 | Rs. 3.96 | -93.94 % | -87.83 % |
In reviewing WPIL Ltd’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 1.35 % year-on-year growth, although there was a slight dip of -38.7 % from the previous quarter. Expenses rose by 3.74 % compared to the previous year, with a decrease of -38.2 % quarter-on-quarter. Operating Profit dropped by -9.16 % annually, and saw a -41.08 % decrease from the last quarter.
Net Profit showed yearly increase of 6.48 %, and experienced a -34.62 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -87.83 % annually, however dipped by -93.94 % compared to the last quarter. In essence, while WPIL Ltd exhibits strong annual growth 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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