Pearl Polymers loss decreased by 34.68% in (Q4) FY 2019-20

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Team Infinities:

Pearl Polymers Limited NSE Symbol:PEARLPOLY, BSE Security Code:523260 has declared its 4th(fourth) quarter un-audited Standalone financial report from the month of January, 2020 to the month of March, 2020; for the fiscal year 2019-20.

Revenue Reported by Pearl Polymers Limited for Fourth Quarter FY, 2019-20
Current Quarter (January, 2020 - March, 2020) Previous Quarter (October, 2019 - December, 2019) Corresponding Quarter (January, 2019 - March, 2019) 12 Months Ended (April, 2019 - March, 2020) Corresponding 12 Months Ended (April, 2018 - March, 2019)
32.93 35.06 45.05 142.05 180.92
Calculated Revenue of Pearl Polymers Limited for Fourth Quarter FY, 2019-20
Current(March, 2020) VS Previous(December, 2019) Current(March, 2020) VS Corresponding(March, 2019) 12 months Ended(April, 2019 - March, 2020) VS Corresponding 12 months Ended(April, 2018 - March, 2019)
Change Change % Change Change % Change Change %
2.13 6.08%(Revenue Decrease) 12.12 26.90%(Revenue Decrease) 38.87 21.48%(Revenue Decrease)

Revenue: Pearl Polymers Limited's financial report shows that the company's revenue decreased by 6.08% in QoQ(Quarter on Quarter) / current quarter(January, 2020 - March, 2020) for revenue decrease of Rs.2.13 crores, as the company posted revenue of Rs.32.93 crores; in compare to previous quarter(October, 2019 - December, 2019) when the company reported revenue of Rs.35.06 crores.
The result also shows that the company's revenue decreased by 26.90% in YoY(Year over Year) / in current quarter(January, 2020 - March, 2020) for revenue decrease of Rs.12.12 crores; in compare to corresponding quarter(January, 2019 - March, 2019) when the company posted revenue of Rs.45.05 crores.
The company also reported that its revenue decreased by 21.48% in 12 months end(April, 2019 - March, 2020) for revenue decrease of Rs.38.87 crores, since the company reported revenue of Rs.142.05 crores; in compare to corresponding 12 months end(April, 2018 - March. 2019) when the company posted revenue of Rs.180.92 crores.

Gross Margin(%) Reported by Pearl Polymers Limited for Fourth Quarter FY, 2019-20
Current Quarter (January, 2020 - March, 2020) Previous Quarter (October, 2019 - December, 2019) Corresponding Quarter (January, 2019 - March, 2019) 12 Months Ended (April, 2019 - March, 2020) Corresponding 12 Months Ended (April, 2018 - March, 2019)
40.19 36.36 41.73 39.74 37.24
Calculated Gross Margin(%) of Pearl Polymers Limited for Fourth Quarter FY, 2019-20
Current(March, 2020) VS Previous(December, 2019) Current(March, 2020) VS Corresponding(March, 2019) 12 months Ended(April, 2019 - March, 2020) VS Corresponding 12 months Ended(April, 2018 - March, 2019)
Change Change % Change Change % Change Change %
3.83 10.52%(GM Increase) 1.54 3.68%(GM Decrease) 2.50 6.72%(GM Increase)

Gross Margin(%)/ GM: The company's financial report indicates, the company's GM increased by 10.52% in QoQ(Quarter on Quarter) / current quarter(January, 2020 - March, 2020) for 3.83% GM increase, as the company reported 40.19% GM; in compare to previous quarter(October, 2019 - December, 2019) when the company reported 36.36% GM.
The result also indicates, the company's GM decreased by 3.68% in YoY(Year over Year) / in current quarter(January, 2020 - March, 2020) for 1.54% GM decrease; in compare to corresponding quarter(January, 2019 - March, 2019) when the company reported 41.73% GM.
The company also reported that its GM increased by 6.72% in 12 months end(April, 2019 - March, 2020) for 2.50% GM increase, since the company reported 39.74% GM; in compare to corresponding 12 months end(April, 2018 - March. 2019) when the company reported 37.24% GM.

EBITDA Reported by Pearl Polymers Limited for Fourth Quarter FY, 2019-20
Current Quarter (January, 2020 - March, 2020) Previous Quarter (October, 2019 - December, 2019) Corresponding Quarter (January, 2019 - March, 2019) 12 Months Ended (April, 2019 - March, 2020) Corresponding 12 Months Ended (April, 2018 - March, 2019)
0.58(Negative) 0.25(Negative) 2.61 1.92(Negative) 4.93
Calculated EBITDA of Pearl Polymers Limited for Fourth Quarter FY, 2019-20
Current(March, 2020) VS Previous(December, 2019) Current(March, 2020) VS Corresponding(March, 2019) 12 months Ended(April, 2019 - March, 2020) VS Corresponding 12 months Ended(April, 2018 - March, 2019)
Change Change % Change Change % Change Change %
0.33 132.00%(EBITDA Decrease) 3.19 122.22%(EBITDA Decrease) 6.85 138.95%(EBITDA Decrease)

EBITDA/ Earnings before interest, tax, depreciation and amortization: The company's financial report shows that the company's EBITDA decreased by 132.00% in QoQ(Quarter on Quarter) / current quarter(January, 2020 - March, 2020) for EBITDA decrease of Rs.0.33 crore, as the company posted Negative EBITDA of Rs.0.58 crore; in compare to previous quarter(October, 2019 - December, 2019) when the company reported Negative EBITDA of Rs.0.25 crore.
The result also shows that the company's EBITDA decreased by 122.22% in YoY(Year over Year) / in current quarter(January, 2020 - March, 2020) for EBITDA decrease of Rs.3.19 crores; in compare to corresponding quarter(January, 2019 - March, 2019) when the company posted EBITDA of Rs.2.61 crores.
The company also reported that its EBITDA decreased by 138.95% in 12 months end(April, 2019 - March, 2020) for EBITDA decrease of Rs.6.85 crores, since the company reported Negative EBITDA of Rs.1.92 crores; in compare to corresponding 12 months end(April, 2018 - March. 2019) when the company posted EBITDA of Rs.4.93 crores.

Profit and Loss Reported by Pearl Polymers Limited for Fourth Quarter FY, 2019-20
Current Quarter (January, 2020 - March, 2020) Previous Quarter (October, 2019 - December, 2019) Corresponding Quarter (January, 2019 - March, 2019) 12 Months Ended (April, 2019 - March, 2020) Corresponding 12 Months Ended (April, 2018 - March, 2019)
1.94(Loss ) 2.97(Loss ) 1.29(Profit ) 11.15(Loss ) 4.86(Loss )
Calculated Profit and Loss of Pearl Polymers Limited for Fourth Quarter FY, 2019-20
Current(March, 2020) VS Previous(December, 2019) Current(March, 2020) VS Corresponding(March, 2019) 12 months Ended(April, 2019 - March, 2020) VS Corresponding 12 months Ended(April, 2018 - March, 2019)
Change Change % Change Change % Change Change %
1.03 34.68%(Loss Decrease) 3.23 250.39%(Loss Increase) 6.29 129.42%(Loss Increase)

Profit and Loss / PAT(Profit after Tax): The company's financial report shows that the company's loss decreased by 34.68% in QoQ(Quarter on Quarter) / current quarter(January, 2020 - March, 2020) for loss decrease of Rs.1.03 crores, as the company posted loss of Rs.1.94 crores; in compare to previous quarter(October, 2019 - December, 2019) when the company reported loss of Rs.2.97 crores.
The result also shows that the company's loss increased by 250.39% in YoY(Year over Year) / in current quarter(January, 2020 - March, 2020) for loss increase of Rs.3.23 crores; in compare to corresponding quarter(January, 2019 - March, 2019) when the company posted profit of Rs.1.29 crores.
The company also reported that its loss increased by 129.42% in 12 months end(April, 2019 - March, 2020) for loss increase of Rs.6.29 crores, since the company reported loss of Rs.11.15 crores; in compare to corresponding 12 months end(April, 2018 - March. 2019) when the company posted loss of Rs.4.86 crores.

EPS Reported by Pearl Polymers Limited for Fourth Quarter FY, 2019-20
Current Quarter (January, 2020 - March, 2020) Previous Quarter (October, 2019 - December, 2019) Corresponding Quarter (January, 2019 - March, 2019) 12 Months Ended (April, 2019 - March, 2020) Corresponding 12 Months Ended (April, 2018 - March, 2019)
1.15(Negative) 1.76(Negative) 0.77 6.63(Negative) 2.89(Negative)
Calculated EPS of Pearl Polymers Limited for Fourth Quarter FY, 2019-20
Current(March, 2020) VS Previous(December, 2019) Current(March, 2020) VS Corresponding(March, 2019) 12 months Ended(April, 2019 - March, 2020) VS Corresponding 12 months Ended(April, 2018 - March, 2019)
Change Change % Change Change % Change Change %
0.61 34.66%(EPS Increase) 1.92 249.35%(EPS Decrease) 3.74 129.41%(EPS Decrease)

EPS /Earning per Share: The company's financial report shows that the company's EPS increased by 34.66% in QoQ(Quarter on Quarter) / current quarter(January, 2020 - March, 2020) for EPS increase of Rs.0.61, as the company posted Negative EPS of Rs.1.15; in compare to previous quarter(October, 2019 - December, 2019) when the company reported Negative EPS of Rs.1.76.
The result also shows that the company's EPS decreased by 249.35% in YoY(Year over Year) / in current quarter(January, 2020 - March, 2020) for EPS decrease of Rs.1.92; in compare to corresponding quarter(January, 2019 - March, 2019) when the company posted EPS of Rs.0.77.
The company also reported that its EPS decreased by 129.41% in 12 months end(April, 2019 - March, 2020) for EPS decrease of Rs.3.74, since the company reported Negative EPS of Rs.6.63; in compare to corresponding 12 months end(April, 2018 - March. 2019) when the company posted Negative EPS of Rs.2.89.

Assets Reported by Pearl Polymers Limited for Fourth Quarter FY, 2019-20
Details Non-current Assets Current Assets
Current Year Ended(March, 2020) Previous Year End(March, 2019) Current Year Ended(March, 2020) Previous Year End(March, 2019)
Reported 49.49 54.65 56.06 71.53
  Change Change % Change Change %
Calculated 5.16 9.44%(Assets Decrease) 15.47 21.63%(Assets Decrease)

Assets:The company reported its non-current assets decreased by 9.44% in current year end(March, 2020) for non-current assets decrease of Rs.5.16 crores, since the company reported net non-current assets of Rs.49.49 crores; in compare to previous year end(March, 2019) when the company reported net non-current assets of Rs.54.65 crores.
The balance sheet of the company also shows that, its current assets decreased by 21.63% in current year end(March, 2020) for current assets decrease of Rs.15.47 crores, as the company reported net current assets of Rs.56.06 crores; against previous year end(March, 2019) when the company reported net current assets of Rs.71.53 crores.

Liabilities Reported by Pearl Polymers Limited for Fourth Quarter FY, 2019-20
Details Non-current Liabilities Current Liabilities
Current Year Ended(March, 2020) Previous Year End(March, 2019) Current Year Ended(March, 2020) Previous Year End(March, 2019)
Reported 9.26 11.25 61.69 69.52
  Change Change % Change Change %
Calculated 1.99 17.69%(Liabilities Decrease) 7.83 11.26%(Liabilities Decrease)

Liabilities:The company reported its non-current liabilities decreased by 17.69% in current year end(March, 2020) for non-current liabilities decrease of Rs.1.99 crores, since the company reported net non-current liabilities of Rs.9.26 crores; in compare to previous year end(March, 2019) when the company reported net non-current liabilities of Rs.11.25 crores.
The balance sheet of the company also shows that, its current liabilities decreased by 11.26% in current year end(March, 2020) for current liabilities decrease of Rs.7.83 crores, as the company reported net current liabilities of Rs.61.69 crores; against previous year end(March, 2019) when the company reported net current liabilities of Rs.69.52 crores.

 


***All amounts are given in Crore Indian Rupees(INR) except EPS (Earnings per share) which are in Indian Rupees(INR) only.***
Gross Margin=Total Revenue from Operations -(Cost of Materials Consumed + Purchases of stock-in-trade - Changes in inventories of finished goods, work-in-progress and stock-in-trade).
Gross Margin%=(Gross Margin / Total Revenue from Operations)*100.
EBITDA=Commission/Interest + Depreciation and Amortization + Tax + Profit/Loss (PAT).
1 Lac = 100,000.
1 Million = 10 Lacs.
1 Crore = 10 Millions.
1 Crore = 100 Lacs.
1 Billion = 1000 Millions.
1 Billion = 100 Crores.