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TITAN INTECH : Q4 2024 Financial Quarterly Report : YoY Sales Up 84.81 %, QoQ Up 9.89 %

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Highlights

  • Sales over the Year and quarter: The company experienced a substantial growth of 84.81 % in the past year, substantial increase in net sales/revenue by 9.89 %.
  • Income over the Year and quarter:
  • Profit over the Year and quarter: Significant improvement in profitability for TITAN INTECH LIMITED. Notable increase of 262.48 % in net profit Year to Year, TITAN INTECH LIMITED’s profitability increased by 12.4 % in this quarter.
  • EPS over the Year and quarter: EPS increased by 60.19 % Year to Year. EPS increased by 7.14 % in previous quarter. Positive impact on shareholders.

The comprehensive analytics outlining the performance and outlook of TITAN INTECH LIMITED”s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 7.293 Cr Rs. 12.265 Cr Rs. 13.478 Cr + 9.89 % + 84.81 %
Expenses Rs. 5.9 Cr Rs. 9.52 Cr Rs. 10.1 Cr + 6.09 % + 71.19 %
Operating Profit Rs. 1.39 Cr Rs. 2.75 Cr Rs. 3.38 Cr + 22.91 % + 143.17 %
OPM % 19.06 % 22.42 % 25.08 % + 2.66 % + 6.02 %
Other Income Rs. 0.01 Cr Rs. -0 Cr Rs. -0 Cr 0 % 0 %
Interest Rs. 0.01 Cr Rs. 0 Cr Rs. 0.03 Cr 0 % + 200 %
Depreciation Rs. 0.77 Cr Rs. 0.75 Cr Rs. 1.11 Cr + 48 % + 44.16 %
Profit before tax Rs. 0.62 Cr Rs. 2 Cr Rs. 2.24 Cr + 12 % + 261.29 %
Tax % 15.07 % 15.01 % 15.01 % + 0 % -0.06 %
Net Profit Rs. 0.53 Cr Rs. 1.69 Cr Rs. 1.9 Cr + 12.43 % + 258.49 %
EPS in Rs Rs. 1.03 Rs. 1.54 Rs. 1.65 + 7.14 % + 60.19 %


Today, we’re looking at TITAN INTECH LIMITED’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 84.81 %. However, it did see a marginal increase of 9.89 % from the previous quarter. Expenses ticked up slightly by 6.09 % quarter-on-quarter, aligning with the annual rise of 71.19 %. Operating profit, while up 143.17 % compared to last year, faced a quarter-on-quarter increase of 22.91 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 6.02 %, but an expansion of 2.66 % sequentially. yet the year-over-year increase remains at a moderate 200 %. Depreciation costs climbed by 48 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 44.16 %. Profit before tax grew annually by 261.29 % but saw an increase from the preceding quarter by 12 %.
Tax expenses as a percentage of profits decreased slightly by -0.06 % compared to last year, with a more notable quarter-on-quarter increase of 0 %. Net profit rose by 258.49 % year-on-year but experienced a 12.43 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 60.19 % but a quarterly rise of 7.14 %. In summary, TITAN INTECH 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. 7.293 Cr Rs. 12.265 Cr Rs. 13.478 Cr + 9.89 % + 84.81 %
Expenses Rs. 5.9 Cr Rs. 9.52 Cr Rs. 10.1 Cr + 6.09 % + 71.19 %
Operating Profit Rs. 1.39 Cr Rs. 2.75 Cr Rs. 3.38 Cr + 22.91 % + 143.17 %
Net Profit Rs. 0.53 Cr Rs. 1.69 Cr Rs. 1.9 Cr + 12.43 % + 258.49 %
EPS in Rs Rs. 1.03 Rs. 1.54 Rs. 1.65 + 7.14 % + 60.19 %


In reviewing TITAN INTECH LIMITED’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 84.81 % year-on-year growth, however, there was a minor increase of 9.89 % from the previous quarter. Expenses rose by 71.19 % compared to the previous year, with a 6.09 % increase quarter-on-quarter. Operating Profit surged by 143.17 % annually, and saw a 22.91 % increase from the last quarter.
Net Profit showed yearly increase of 258.49 %, and experienced a 12.43 % increase from the previous quarter. Earnings Per Share (EPS) rose by 60.19 % annually, however rose by 7.14 % compared to the last quarter. In essence, while TITAN INTECH LIMITED exhibits strong annual growth indicators, short-term improvements suggest the potential for recovery and the importance of strategic adjustments to counter market challenges effectively. That’s all for now in the financial sector.

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