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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 22.11 % in the past year, substantial increase in net sales/revenue by 18.55 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -12.22 %, Marginal decrease of -21.38% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Themis Medicare Ltd.. Profit dropped by -20.97 % Year to Year, Themis Medicare Ltd.’s profitability dropped by -9.84 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -92.11 % Year to Year. EPS decreased by -10 % 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. 80.105 Cr | Rs. 82.513 Cr | Rs. 97.818 Cr | + 18.55 % | + 22.11 % |
Expenses | Rs. 69.62 Cr | Rs. 74.45 Cr | Rs. 88.52 Cr | + 18.9 % | + 27.15 % |
Operating Profit | Rs. 10.49 Cr | Rs. 8.06 Cr | Rs. 9.3 Cr | + 15.38 % | -11.34 % |
OPM % | 13.1 % | 9.77 % | 9.51 % | -0.26 % | -3.59 % |
Other Income | Rs. 5.32 Cr | Rs. 5.94 Cr | Rs. 4.67 Cr | -21.38 % | -12.22 % |
Interest | Rs. 2.71 Cr | Rs. 2.69 Cr | Rs. 2.16 Cr | -19.7 % | -20.3 % |
Depreciation | Rs. 2.8 Cr | Rs. 3.1 Cr | Rs. 3.06 Cr | -1.29 % | + 9.29 % |
Profit before tax | Rs. 10.3 Cr | Rs. 8.21 Cr | Rs. 8.75 Cr | + 6.58 % | -15.05 % |
Tax % | 23.81 % | 29.89 % | 40.67 % | + 10.78 % | + 16.86 % |
Net Profit | Rs. 8.41 Cr | Rs. 7.37 Cr | Rs. 6.64 Cr | -9.91 % | -21.05 % |
EPS in Rs | Rs. 9.12 | Rs. 0.8 | Rs. 0.72 | -10 % | -92.11 % |
Today, we’re looking at Themis Medicare 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 22.11 %. However, it did see a marginal increase of 18.55 % from the previous quarter. Expenses ticked up slightly by 18.9 % quarter-on-quarter, aligning with the annual rise of 27.15 %. Operating profit, while down -11.34 % compared to last year, faced a quarter-on-quarter increase of 15.38 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -3.59 %, but a shrinkage of -0.26 % sequentially. Other income fell by -21.38 % compared to the last quarter, despite an annual decline of -12.22 %. Interest expenses dropped significantly by -19.7 % from the previous quarter, yet the year-over-year decrease remains at a moderate -20.3 %. Depreciation costs fell by -1.29 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 9.29 %. Profit before tax declined annually by -15.05 % but saw an increase from the preceding quarter by 6.58 %.
Tax expenses as a percentage of profits increased slightly by 16.86 % compared to last year, with a more notable quarter-on-quarter increase of 10.78 %. Net profit fell by -21.05 % year-on-year but witnessed a -9.91 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -92.11 % but a quarterly fall of -10 %. In summary, Themis Medicare 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. 80.105 Cr | Rs. 82.513 Cr | Rs. 97.818 Cr | + 18.55 % | + 22.11 % |
Expenses | Rs. 69.62 Cr | Rs. 74.45 Cr | Rs. 88.52 Cr | + 18.9 % | + 27.15 % |
Operating Profit | Rs. 10.49 Cr | Rs. 8.06 Cr | Rs. 9.3 Cr | + 15.38 % | -11.34 % |
Net Profit | Rs. 8.41 Cr | Rs. 7.37 Cr | Rs. 6.64 Cr | -9.91 % | -21.05 % |
EPS in Rs | Rs. 9.12 | Rs. 0.8 | Rs. 0.72 | -10 % | -92.11 % |
In reviewing Themis Medicare Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 22.11 % year-on-year growth, however, there was a minor increase of 18.55 % from the previous quarter. Expenses rose by 27.15 % compared to the previous year, with a 18.9 % increase quarter-on-quarter. Operating Profit dropped by -11.34 % annually, and saw a 15.38 % increase from the last quarter.
Net Profit showed yearly decrease of -21.05 %, and experienced a -9.91 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -92.11 % annually, however dipped by -10 % compared to the last quarter. In essence, while Themis Medicare 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.