Share the post "Thirumalai Chemicals Q4 2024 Quarterly Earnings: YoY Sales Up 22.18 %, QoQ Up 7.04 %"
Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 22.18 % in the past year, substantial increase in net sales/revenue by 7.04 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -65.05 %, Marginal decrease of -12.16% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Thirumalai Chemicals Ltd.,. Notable increase of 59.42 % in net profit Year to Year, Thirumalai Chemicals Ltd.,’s profitability dropped by -10.88 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 60.00 % Year to Year. EPS decreased by -10.71 % 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. 430.93 Cr | Rs. 491.9 Cr | Rs. 526.52 Cr | + 7.04 % | + 22.18 % |
Expenses | Rs. 431.64 Cr | Rs. 497.89 Cr | Rs. 522.72 Cr | + 4.99 % | + 21.1 % |
Operating Profit | Rs. -0.71 Cr | Rs. -5.99 Cr | Rs. 3.8 Cr | + 163.44 % | + 635.21 % |
OPM % | -0.16 % | -1.22 % | 0.72 % | + 1.94 % | + 0.88 % |
Other Income | Rs. 11.16 Cr | Rs. 4.44 Cr | Rs. 3.9 Cr | -12.16 % | -65.05 % |
Interest | Rs. 7.28 Cr | Rs. 11.69 Cr | Rs. 9.86 Cr | -15.65 % | + 35.44 % |
Depreciation | Rs. 15.97 Cr | Rs. 15.39 Cr | Rs. 16.53 Cr | + 7.41 % | + 3.51 % |
Profit before tax | Rs. -12.8 Cr | Rs. -28.63 Cr | Rs. -18.69 Cr | + 34.72 % | -46.02 % |
Tax % | -0.31 % | -19.77 % | -9.52 % | + 10.25 % | -9.21 % |
Net Profit | Rs. -12.84 Cr | Rs. -22.97 Cr | Rs. -20.47 Cr | + 10.88 % | -59.42 % |
EPS in Rs | Rs. -1.25 | Rs. -2.24 | Rs. -2 | + 10.71 % | -60 % |
Today, we’re looking at Thirumalai Chemicals Ltd.,’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 22.18 %. However, it did see a marginal increase of 7.04 % from the previous quarter. Expenses ticked up slightly by 4.99 % quarter-on-quarter, aligning with the annual rise of 21.1 %. Operating profit, while up 635.21 % compared to last year, faced a quarter-on-quarter increase of 163.44 %, 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 0.88 %, but an expansion of 1.94 % sequentially. Other income fell by -12.16 % compared to the last quarter, despite an annual decline of -65.05 %. Interest expenses dropped significantly by -15.65 % from the previous quarter, yet the year-over-year increase remains at a moderate 35.44 %. Depreciation costs climbed by 7.41 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 3.51 %. Profit before tax declined annually by -46.02 % but saw an increase from the preceding quarter by 34.72 %.
Tax expenses as a percentage of profits decreased slightly by -9.21 % compared to last year, with a more notable quarter-on-quarter increase of 10.25 %. Net profit fell by -59.42 % year-on-year but experienced a 10.88 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -60 % but a quarterly rise of 10.71 %. In summary, Thirumalai Chemicals Ltd.,’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. 430.93 Cr | Rs. 491.9 Cr | Rs. 526.52 Cr | + 7.04 % | + 22.18 % |
Expenses | Rs. 431.64 Cr | Rs. 497.89 Cr | Rs. 522.72 Cr | + 4.99 % | + 21.1 % |
Operating Profit | Rs. -0.71 Cr | Rs. -5.99 Cr | Rs. 3.8 Cr | + 163.44 % | + 635.21 % |
Net Profit | Rs. -12.84 Cr | Rs. -22.97 Cr | Rs. -20.47 Cr | + 10.88 % | -59.42 % |
EPS in Rs | Rs. -1.25 | Rs. -2.24 | Rs. -2 | + 10.71 % | -60 % |
In reviewing Thirumalai Chemicals Ltd.,’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 22.18 % year-on-year growth, however, there was a minor increase of 7.04 % from the previous quarter. Expenses rose by 21.1 % compared to the previous year, with a 4.99 % increase quarter-on-quarter. Operating Profit surged by 635.21 % annually, and saw a 163.44 % increase from the last quarter.
Net Profit showed yearly decrease of -59.42 %, and experienced a 10.88 % increase from the previous quarter. Earnings Per Share (EPS) fell by -60 % annually, however rose by 10.71 % compared to the last quarter. In essence, while Thirumalai Chemicals Ltd., faces strong annual decline 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.