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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 23.88 % in the past year, substantial increase in net sales/revenue by 6.1 %.
- 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 41.35 %. Marginal increase in other income during this quarter, up by 3.34%.
- Profit over the Year and quarter: Significant improvement in profitability for Triveni Turbine Limited. Notable increase of 37 % in net profit Year to Year, Triveni Turbine Limited’s profitability increased by 11.57 % in this quarter.
- EPS over the Year and quarter: EPS increased by 38.15 % Year to Year. EPS increased by 11.16 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 369.76 Cr | Rs. 431.7 Cr | Rs. 458.05 Cr | + 6.1 % | + 23.88 % |
Expenses | Rs. 303.42 Cr | Rs. 347.99 Cr | Rs. 368.23 Cr | + 5.82 % | + 21.36 % |
Operating Profit | Rs. 66.34 Cr | Rs. 83.71 Cr | Rs. 89.82 Cr | + 7.3 % | + 35.39 % |
OPM % | 17.94 % | 19.39 % | 19.61 % | + 0.22 % | + 1.67 % |
Other Income | Rs. 12.48 Cr | Rs. 17.07 Cr | Rs. 17.64 Cr | + 3.34 % | + 41.35 % |
Interest | Rs. 0.5 Cr | Rs. 0.59 Cr | Rs. 0.74 Cr | + 25.42 % | + 48 % |
Depreciation | Rs. 4.99 Cr | Rs. 5.48 Cr | Rs. 5.28 Cr | -3.65 % | + 5.81 % |
Profit before tax | Rs. 73.33 Cr | Rs. 94.71 Cr | Rs. 101.44 Cr | + 7.11 % | + 38.33 % |
Tax % | 24.15 % | 27.84 % | 25.01 % | -2.83 % | + 0.86 % |
Net Profit | Rs. 55.62 Cr | Rs. 68.3 Cr | Rs. 76.2 Cr | + 11.57 % | + 37 % |
EPS in Rs | Rs. 1.73 | Rs. 2.15 | Rs. 2.39 | + 11.16 % | + 38.15 % |
Today, we’re looking at Triveni Turbine Limited’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 23.88 %. However, it did see a marginal increase of 6.1 % from the previous quarter. Expenses ticked up slightly by 5.82 % quarter-on-quarter, aligning with the annual rise of 21.36 %. Operating profit, while up 35.39 % compared to last year, faced a quarter-on-quarter increase of 7.3 %, 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 1.67 %, but an expansion of 0.22 % sequentially. Other income rose by 3.34 % compared to the last quarter, despite an annual growth of 41.35 %. Interest expenses surged remarkably by 25.42 % from the previous quarter, yet the year-over-year increase remains at a moderate 48 %. Depreciation costs fell by -3.65 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 5.81 %. Profit before tax grew annually by 38.33 % but saw an increase from the preceding quarter by 7.11 %.
Tax expenses as a percentage of profits increased slightly by 0.86 % compared to last year, with a more notable quarter-on-quarter decrease of -2.83 %. Net profit rose by 37 % year-on-year but experienced a 11.57 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 38.15 % but a quarterly rise of 11.16 %. In summary, Triveni Turbine 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. 369.76 Cr | Rs. 431.7 Cr | Rs. 458.05 Cr | + 6.1 % | + 23.88 % |
Expenses | Rs. 303.42 Cr | Rs. 347.99 Cr | Rs. 368.23 Cr | + 5.82 % | + 21.36 % |
Operating Profit | Rs. 66.34 Cr | Rs. 83.71 Cr | Rs. 89.82 Cr | + 7.3 % | + 35.39 % |
Net Profit | Rs. 55.62 Cr | Rs. 68.3 Cr | Rs. 76.2 Cr | + 11.57 % | + 37 % |
EPS in Rs | Rs. 1.73 | Rs. 2.15 | Rs. 2.39 | + 11.16 % | + 38.15 % |
In reviewing Triveni Turbine Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 23.88 % year-on-year growth, however, there was a minor increase of 6.1 % from the previous quarter. Expenses rose by 21.36 % compared to the previous year, with a 5.82 % increase quarter-on-quarter. Operating Profit surged by 35.39 % annually, and saw a 7.3 % increase from the last quarter.
Net Profit showed yearly increase of 37 %, and experienced a 11.57 % increase from the previous quarter. Earnings Per Share (EPS) rose by 38.15 % annually, however rose by 11.16 % compared to the last quarter. In essence, while Triveni Turbine 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.
26
3-Year Profit
17
5-Year Profit
11
10-Year Profit
743
Current Price
23,594
Market Cap
In analyzing the financial results for the company marked by BSE code 533655, a clear trend emerges. Over a five-year span, the company reported a profit of 17 percents, which increased to 26 percents in the most recent three-year period, suggesting a strong performance in the early stages of this timeframe. However, this success has been overshadowed by a trailing twelve-month (TTM) loss of 50 percents, signaling significant recent challenges. Compounding this issue is the fact that the company has not reported any sales during any of the timeframes analyzed, raising important questions about its operational model and the sustainability of its current strategies. Investors have been equally wary, as reflected in the stock price performance. The company’s stock traded at 46 percents over the past five years but has recently decreased to 62 percents, indicating a loss of market confidence. Over the last decade, the stock price was at 23 percents, pointing to longer-term concerns that could affect the company's future prospects.
The company currently holds a market cap of ₹23,594 crore, with its stock trading at ₹743. Historically, the stock has fluctuated between ₹844 / 312, reflecting its performance in response to market dynamics and various economic factors. The company's Price-to-Earnings (P/E) ratio stands at 81.9, 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 ₹30.2, which offers insight into the company's intrinsic worth, while its dividend yield of 0.35% provides a steady return for long-term investors. Return on Capital Employed (ROCE) is 38.3%, showcasing the company’s ability to generate profits from its capital investments. Return on Equity (ROE) is 28.5%, highlighting how efficiently the company uses shareholder funds to generate profits. The debt-to-equity ratio is very low at 0.00, which is a positive indicator of financial stability. However, the company’s net cash flow of ₹-0.60 crore raises concerns about its liquidity position. The Piotroski score of 9.00 reflects the company’s overall financial health, while the Graham Number of ₹78.5 suggests the stock's intrinsic value. Despite these factors, the Price-to-Book (P/B) ratio of 24.6 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.