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Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Income over the Year and quarter: Marginal decrease of -21.95% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Tavernier Resources Limited. Profit dropped by -48.54 % Year to Year, Tavernier Resources Limited’s profitability increased by 194.44 % in this quarter.
- EPS over the Year and quarter: EPS declined by -47.06 % Year to Year. EPS increased by 200 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 1.423 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
| Expenses | Rs. 1.36 Cr | Rs. 0.05 Cr | Rs. 0.08 Cr | + 60 % | -94.12 % |
| Operating Profit | Rs. 0.06 Cr | Rs. -0.05 Cr | Rs. -0.08 Cr | -60 % | -233.33 % |
| OPM % | 4.22 % | 0 % | 0 % | 0 % | -4.22 % |
| Other Income | Rs. 0 Cr | Rs. 0.041 Cr | Rs. 0.032 Cr | -21.95 % | 0 % |
| Interest | Rs. 0.08 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
| Depreciation | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
| Profit before tax | Rs. -0.02 Cr | Rs. -0.01 Cr | Rs. -0.05 Cr | -400 % | -150 % |
| Tax % | -511.76 % | -20 % | -0 % | + 20 % | + 511.76 % |
| Net Profit | Rs. -0.1 Cr | Rs. -0.02 Cr | Rs. -0.05 Cr | -150 % | + 50 % |
| EPS in Rs | Rs. -0.17 | Rs. -0.03 | Rs. -0.09 | -200 % | + 47.06 % |
Today, we’re looking at Tavernier Resources Limited’s financial performance for the Q1(Jun 2024).Expenses ticked up slightly by 60 % quarter-on-quarter, aligning with the annual decline of -94.12 %. Operating profit, while down -233.33 % compared to last year, faced a quarter-on-quarter dip of -60 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -4.22 %, Other income fell by -21.95 % compared to the last quarter, Profit before tax declined annually by -150 % but saw a reduction from the preceding quarter by -400 %.
Tax expenses as a percentage of profits increased slightly by 511.76 % compared to last year, with a more notable quarter-on-quarter increase of 20 %. Net profit rose by 50 % year-on-year but witnessed a -150 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 47.06 % but a quarterly fall of -200 %. In summary, Tavernier Resources 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. 1.423 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
| Expenses | Rs. 1.36 Cr | Rs. 0.05 Cr | Rs. 0.08 Cr | + 60 % | -94.12 % |
| Operating Profit | Rs. 0.06 Cr | Rs. -0.05 Cr | Rs. -0.08 Cr | -60 % | -233.33 % |
| Net Profit | Rs. -0.1 Cr | Rs. -0.02 Cr | Rs. -0.05 Cr | -150 % | + 50 % |
| EPS in Rs | Rs. -0.17 | Rs. -0.03 | Rs. -0.09 | -200 % | + 47.06 % |
In reviewing Tavernier Resources Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Expenses decreased by -94.12 % compared to the previous year, with a 60 % increase quarter-on-quarter. Operating Profit dropped by -233.33 % annually, and saw a -60 % decrease from the last quarter.
Net Profit showed yearly increase of 50 %, and experienced a -150 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 47.06 % annually, however dipped by -200 % compared to the last quarter. In essence, while Tavernier Resources 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.
54
3-Year Profit
42
5-Year Profit
51
10-Year Profit
176
Current Price
4,272
Market Cap
The financial outlook for the company under BSE code 532406 reveals a significant five-year profit of 42 percents. This marks a notable increase to 54 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 42 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 113 percents over the past five years but experiencing a dramatic drop to 63 percents within the last year. Over a decade, the stock price was at 55 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 currently holds a market cap of ₹4,272 crore, with its stock trading at ₹176. Historically, the stock has fluctuated between ₹224 / 86.0, reflecting its performance in response to market dynamics and various economic factors. The company's Price-to-Earnings (P/E) ratio stands at 72.7, indicating that the stock is perceived as highly valued by the market, possibly driven by expectations of future earnings growth. The book value per share is ₹8.09, which offers insight into the company's intrinsic worth, while its dividend yield of 0.11% provides a steady return for long-term investors. Return on Capital Employed (ROCE) is 47.4%, showcasing the company’s ability to generate profits from its capital investments. Return on Equity (ROE) is 38.7%, highlighting how efficiently the company uses shareholder funds to generate profits. The debt-to-equity ratio is very low at 0.09, which is a positive indicator of financial stability. However, the company’s net cash flow of ₹0.86 crore raises concerns about its liquidity position. The Piotroski score of 8.00 reflects the company’s overall financial health, while the Graham Number of ₹21.0 suggests the stock's intrinsic value. Despite these factors, the Price-to-Book (P/B) ratio of 21.7 indicates that the stock is trading at a premium to its book value, which might imply market optimism about the company's future growth prospects.
