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Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 1787.96 % in the past year, decrease in net sales/revenue by -79.41 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -5.83 %, Marginal decrease of -53.56% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Tips Films Limited. Notable increase of 269.62 % in net profit Year to Year, Tips Films Limited’s profitability dropped by -245.87 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 269.98 % Year to Year. EPS decreased by -245.85 % 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. 0.656 Cr | Rs. 60.138 Cr | Rs. 12.385 Cr | -79.41 % | + 1787.96 % |
Expenses | Rs. 2.44 Cr | Rs. 56.46 Cr | Rs. 19.1 Cr | -66.17 % | + 682.79 % |
Operating Profit | Rs. -1.78 Cr | Rs. 3.68 Cr | Rs. -6.72 Cr | -282.61 % | -277.53 % |
OPM % | -271.34 % | 6.12 % | -54.26 % | -60.38 % | + 217.08 % |
Other Income | Rs. 0.326 Cr | Rs. 0.661 Cr | Rs. 0.307 Cr | -53.56 % | -5.83 % |
Interest | Rs. 0.19 Cr | Rs. 0.11 Cr | Rs. 0.16 Cr | + 45.45 % | -15.79 % |
Depreciation | Rs. 0.18 Cr | Rs. 0.2 Cr | Rs. 0.2 Cr | + 0 % | + 11.11 % |
Profit before tax | Rs. -1.82 Cr | Rs. 4.03 Cr | Rs. -6.77 Cr | -267.99 % | -271.98 % |
Tax % | -0 % | 14.86 % | -0 % | -14.86 % | 0 % |
Net Profit | Rs. -1.83 Cr | Rs. 4.64 Cr | Rs. -6.76 Cr | -245.69 % | -269.4 % |
EPS in Rs | Rs. -4.23 | Rs. 10.73 | Rs. -15.65 | -245.85 % | -269.98 % |
Today, we’re looking at Tips Films Limited’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 1787.96 %. However, it did see a marginal slip of -79.41 % from the previous quarter. Expenses decreased slightly by -66.17 % quarter-on-quarter, aligning with the annual rise of 682.79 %. Operating profit, while down -277.53 % compared to last year, faced a quarter-on-quarter dip of -282.61 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 217.08 %, but a shrinkage of -60.38 % sequentially. Other income fell by -53.56 % compared to the last quarter, despite an annual decline of -5.83 %. Interest expenses surged remarkably by 45.45 % from the previous quarter, yet the year-over-year decrease remains at a moderate -15.79 %. Depreciation costs climbed by 0 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 11.11 %. Profit before tax declined annually by -271.98 % but saw a reduction from the preceding quarter by -267.99 %.
with a more notable quarter-on-quarter decrease of -14.86 %. Net profit fell by -269.4 % year-on-year but witnessed a -245.69 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -269.98 % but a quarterly fall of -245.85 %. In summary, Tips Films 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. 0.656 Cr | Rs. 60.138 Cr | Rs. 12.385 Cr | -79.41 % | + 1787.96 % |
Expenses | Rs. 2.44 Cr | Rs. 56.46 Cr | Rs. 19.1 Cr | -66.17 % | + 682.79 % |
Operating Profit | Rs. -1.78 Cr | Rs. 3.68 Cr | Rs. -6.72 Cr | -282.61 % | -277.53 % |
Net Profit | Rs. -1.83 Cr | Rs. 4.64 Cr | Rs. -6.76 Cr | -245.69 % | -269.4 % |
EPS in Rs | Rs. -4.23 | Rs. 10.73 | Rs. -15.65 | -245.85 % | -269.98 % |
In reviewing Tips Films Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 1787.96 % year-on-year growth, although there was a slight dip of -79.41 % from the previous quarter. Expenses rose by 682.79 % compared to the previous year, with a decrease of -66.17 % quarter-on-quarter. Operating Profit dropped by -277.53 % annually, and saw a -282.61 % decrease from the last quarter.
Net Profit showed yearly decrease of -269.4 %, and experienced a -245.69 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -269.98 % annually, however dipped by -245.85 % compared to the last quarter. In essence, while Tips Films Limited faces strong annual decline indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.