Worth Peripherals Limited has announced a board meeting on finalizing the financial results for the quarter and half-year.
1) Revenue Performance: Consolidated total revenue increased 15.7% YoY to ₹275.79 Cr, led by strong demand in the corrugated boxes segment, which remains the company’s core business.
2) Profitability and EPS: Net profit rose modestly by 6.2% to ₹17.34 Cr, with EPS slightly down at ₹9.80 from ₹10.08 last year.
Profit margins stayed fairly steady despite higher finance costs and operating expenses.
3) Operational Costs: Material costs climbed to ₹202.64 Cr, partly due to higher input prices or volumes.
Employee expenses rose marginally to ₹16.95 Cr, indicating good cost control.
Depreciation and finance costs increased, reflecting recent asset additions and increased borrowings.
4) Key Metrics: Profit before tax improved to ₹23.97 Cr from ₹21.96 Cr, supported by revenue growth.
Overall expenses rose in line with expansion to ₹256.46 Cr.
5) Balance Sheet / Cash Flow: Borrowings nearly doubled to ₹19.16 Cr, likely funding working capital and ongoing capex, while cash balances improved to ₹3.33 Cr.
Capital work-in-progress increased to ₹1 Cr, signaling continued investment.
Operating cash flow strengthened to ₹21.36 Cr.
6) Management Commentary / Strategic Outlook: The company maintains focus on expanding its core packaging business.
Proposed dividend reflects management’s confidence in steady cash generation and growth prospects.
Final Takeaway: Worth Peripherals exhibits stable revenue growth and margin control, investing selectively in capacity through higher borrowings.
Cash flow health and dividends make it a steady candidate for retail investors tracking the packaging sector.
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