How has been the historical performance of the Premium Plast?

Answer:The historical performance of Premium Plast shows significant improvement in its financial metrics from March 2023 to March 2024.

Breakdown:
In the standalone annual results, Premium Plast reported net sales of Rs 46.71 crore in March 2024, up from Rs 44.04 crore in March 2023. The total operating income mirrored this growth, remaining at Rs 46.71 crore for March 2024. Raw material costs decreased to Rs 30.52 crore from Rs 33.54 crore, while employee costs rose slightly to Rs 2.43 crore from Rs 2.22 crore. Total expenditure, excluding depreciation, fell to Rs 36.44 crore from Rs 38.59 crore, leading to a notable increase in operating profit (PBDIT) to Rs 10.27 crore from Rs 5.45 crore. The profit before tax also saw a substantial rise to Rs 6.45 crore from Rs 2.21 crore, resulting in a profit after tax of Rs 4.78 crore compared to Rs 1.59 crore the previous year. The earnings per share (EPS) increased significantly to Rs 10.04 from Rs 3.34, reflecting a robust operating profit margin of 21.99% in March 2024, up from 12.38%. The PAT margin also improved to 10.23% from 3.61%. On the balance sheet, total liabilities increased to Rs 29.05 crore from Rs 25.17 crore, while total assets rose correspondingly. The book value per share adjusted increased to Rs 24.68 from Rs 21.33. Overall, the financial performance of Premium Plast indicates a positive trend in profitability and operational efficiency over the year.