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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 37.63 % in the past year, substantial increase in net sales/revenue by 26.21 %.
- Income over the Year and quarter: There has been either a marginal increase or a decline in other income over the past year which is 18400 %. Marginal decrease of -96.79% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for TruCap Finance Limited. Notable increase of 10.21 % in net profit Year to Year, TruCap Finance Limited’s profitability dropped by -76.19 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 9.09 % Year to Year. EPS decreased by -76 % 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. 37.777 Cr | Rs. 41.194 Cr | Rs. 51.991 Cr | + 26.21 % | + 37.63 % |
| Expenses | Rs. 17.11 Cr | Rs. 23.62 Cr | Rs. 22.06 Cr | -6.6 % | + 28.93 % |
| Operating Profit | Rs. 20.67 Cr | Rs. 17.57 Cr | Rs. 29.93 Cr | + 70.35 % | + 44.8 % |
| OPM % | 54.72 % | 42.65 % | 57.57 % | + 14.92 % | + 2.85 % |
| Other Income | Rs. 0.002 Cr | Rs. 11.537 Cr | Rs. 0.37 Cr | -96.79 % | + 18400 % |
| Interest | Rs. 17.34 Cr | Rs. 22.68 Cr | Rs. 26.14 Cr | + 15.26 % | + 50.75 % |
| Depreciation | Rs. 1.65 Cr | Rs. 2.17 Cr | Rs. 2.1 Cr | -3.23 % | + 27.27 % |
| Profit before tax | Rs. 1.68 Cr | Rs. 4.26 Cr | Rs. 2.06 Cr | -51.64 % | + 22.62 % |
| Tax % | 25.03 % | 37.15 % | 32.25 % | -4.9 % | + 7.22 % |
| Net Profit | Rs. 1.26 Cr | Rs. 5.85 Cr | Rs. 1.39 Cr | -76.24 % | + 10.32 % |
| EPS in Rs | Rs. 0.11 | Rs. 0.49 | Rs. 0.12 | -75.51 % | + 9.09 % |
Today, we’re looking at TruCap Finance 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 37.63 %. However, it did see a marginal increase of 26.21 % from the previous quarter. Expenses decreased slightly by -6.6 % quarter-on-quarter, aligning with the annual rise of 28.93 %. Operating profit, while up 44.8 % compared to last year, faced a quarter-on-quarter increase of 70.35 %, 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 2.85 %, but an expansion of 14.92 % sequentially. Other income fell by -96.79 % compared to the last quarter, despite an annual growth of 18400 %. Interest expenses surged remarkably by 15.26 % from the previous quarter, yet the year-over-year increase remains at a moderate 50.75 %. Depreciation costs fell by -3.23 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 27.27 %. Profit before tax grew annually by 22.62 % but saw a reduction from the preceding quarter by -51.64 %.
Tax expenses as a percentage of profits increased slightly by 7.22 % compared to last year, with a more notable quarter-on-quarter decrease of -4.9 %. Net profit rose by 10.32 % year-on-year but witnessed a -76.24 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 9.09 % but a quarterly fall of -75.51 %. In summary, TruCap Finance 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. 37.777 Cr | Rs. 41.194 Cr | Rs. 51.991 Cr | + 26.21 % | + 37.63 % |
| Expenses | Rs. 17.11 Cr | Rs. 23.62 Cr | Rs. 22.06 Cr | -6.6 % | + 28.93 % |
| Operating Profit | Rs. 20.67 Cr | Rs. 17.57 Cr | Rs. 29.93 Cr | + 70.35 % | + 44.8 % |
| Net Profit | Rs. 1.26 Cr | Rs. 5.85 Cr | Rs. 1.39 Cr | -76.24 % | + 10.32 % |
| EPS in Rs | Rs. 0.11 | Rs. 0.49 | Rs. 0.12 | -75.51 % | + 9.09 % |
In reviewing TruCap Finance Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 37.63 % year-on-year growth, however, there was a minor increase of 26.21 % from the previous quarter. Expenses rose by 28.93 % compared to the previous year, with a decrease of -6.6 % quarter-on-quarter. Operating Profit surged by 44.8 % annually, and saw a 70.35 % increase from the last quarter.
Net Profit showed yearly increase of 10.32 %, and experienced a -76.24 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 9.09 % annually, however dipped by -75.51 % compared to the last quarter. In essence, while TruCap Finance 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.
158
3-Year Profit
41
5-Year Profit
69
10-Year Profit
22.2
Current Price
257
Market Cap
The financial outlook for the company under BSE code 540268 reveals a significant five-year profit of 41 percents. This marks a notable increase to 158 percents over the last three years, indicating a strong upward trend in the company's financial health during this period. However, it's important to note that recent challenges have impacted the company's performance, leading to a trailing twelve-month loss of 155 percents. This sharp decline in profitability is particularly concerning, as the company has also reported no sales across any analyzed timeframe, suggesting a highly unconventional and perhaps risky operational approach. The company's stock prices mirror this financial volatility, with the stock trading at 10 percents over the past five years but experiencing a dramatic drop to -69 percents within the last year. Over a decade, the stock price was at 0 percents, reflecting long-term concerns regarding the company's stability and future outlook. Such performance poses questions about the sustainability of the business and whether it can rebound from these recent setbacks.
The company has a market capitalization of ₹257 crore and is currently trading at ₹22.2 per share. Historically, the stock has fluctuated within a range of ₹87.1 / 21.0, reflecting both the opportunities and risks that investors perceive in the company. The P/E ratio, at 23.9, is relatively high, suggesting that the market has priced in substantial future growth or is willing to pay a premium for the company’s current earnings. The book value per share stands at ₹19.2, which reflects the net asset value of the company divided by the number of outstanding shares. The dividend yield is 0.05%, providing shareholders with a consistent return on their investment. ROCE is 11.7%, indicating how well the company is using its capital to generate profits, while ROE at 5.39% highlights the returns generated from shareholders' equity. The debt-to-equity ratio is 3.31, signaling low financial leverage, which is typically seen as a positive indicator of financial health. However, the company’s negative net cash flow of ₹63.3 crore might raise concerns about its cash generation capabilities or capital expenditures. With a Piotroski score of 3.00, the company's financial stability is evaluated on several factors. Finally, the Graham Number, at ₹19.9, provides an estimate of the stock’s intrinsic value, while the Price-to-Book (P/B) ratio of 1.16 highlights that the stock is trading at a premium to its book value, potentially reflecting positive market sentiment or overvaluation risks.
