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Highlights
- Sales over the Year and quarter: The company’s sales declined by -58.11 % over the year, decrease in net sales/revenue by -26.42 %.
- 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 61.36 %. Marginal increase in other income during this quarter, up by 129.03%.
- Profit over the Year and quarter: Challenges in sustaining profitability for TUTICORIN ALKALI CHEMICALS AND FERTILIZERS LIMITED. Profit dropped by -75.31 % Year to Year, TUTICORIN ALKALI CHEMICALS AND FERTILIZERS LIMITED’s profitability dropped by -37.52 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -75.63 % Year to Year. EPS decreased by -38.22 % 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. 133.749 Cr | Rs. 76.149 Cr | Rs. 56.029 Cr | -26.42 % | -58.11 % |
Expenses | Rs. 106.05 Cr | Rs. 55.19 Cr | Rs. 41.37 Cr | -25.04 % | -60.99 % |
Operating Profit | Rs. 27.7 Cr | Rs. 20.96 Cr | Rs. 14.66 Cr | -30.06 % | -47.08 % |
OPM % | 20.71 % | 27.52 % | 26.17 % | -1.35 % | + 5.46 % |
Other Income | Rs. 0.44 Cr | Rs. 0.31 Cr | Rs. 0.71 Cr | + 129.03 % | + 61.36 % |
Interest | Rs. 0.67 Cr | Rs. 0.69 Cr | Rs. 1.43 Cr | + 107.25 % | + 113.43 % |
Depreciation | Rs. 1.4 Cr | Rs. 1.42 Cr | Rs. 1 Cr | -29.58 % | -28.57 % |
Profit before tax | Rs. 26.07 Cr | Rs. 19.16 Cr | Rs. 12.94 Cr | -32.46 % | -50.36 % |
Tax % | 86 % | 0 % | 33.4 % | + 33.4 % | -52.6 % |
Net Profit | Rs. 48.49 Cr | Rs. 19.16 Cr | Rs. 11.97 Cr | -37.53 % | -75.31 % |
EPS in Rs | Rs. 3.98 | Rs. 1.57 | Rs. 0.97 | -38.22 % | -75.63 % |
Today, we’re looking at TUTICORIN ALKALI CHEMICALS AND FERTILIZERS LIMITED’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -58.11 %. However, it did see a marginal slip of -26.42 % from the previous quarter. Expenses decreased slightly by -25.04 % quarter-on-quarter, aligning with the annual decline of -60.99 %. Operating profit, while down -47.08 % compared to last year, faced a quarter-on-quarter dip of -30.06 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 5.46 %, but a shrinkage of -1.35 % sequentially. Other income rose by 129.03 % compared to the last quarter, despite an annual growth of 61.36 %. Interest expenses surged remarkably by 107.25 % from the previous quarter, yet the year-over-year increase remains at a moderate 113.43 %. Depreciation costs fell by -29.58 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -28.57 %. Profit before tax declined annually by -50.36 % but saw a reduction from the preceding quarter by -32.46 %.
Tax expenses as a percentage of profits decreased slightly by -52.6 % compared to last year, with a more notable quarter-on-quarter increase of 33.4 %. Net profit fell by -75.31 % year-on-year but witnessed a -37.53 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -75.63 % but a quarterly fall of -38.22 %. In summary, TUTICORIN ALKALI CHEMICALS AND FERTILIZERS 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. 133.749 Cr | Rs. 76.149 Cr | Rs. 56.029 Cr | -26.42 % | -58.11 % |
Expenses | Rs. 106.05 Cr | Rs. 55.19 Cr | Rs. 41.37 Cr | -25.04 % | -60.99 % |
Operating Profit | Rs. 27.7 Cr | Rs. 20.96 Cr | Rs. 14.66 Cr | -30.06 % | -47.08 % |
Net Profit | Rs. 48.49 Cr | Rs. 19.16 Cr | Rs. 11.97 Cr | -37.53 % | -75.31 % |
EPS in Rs | Rs. 3.98 | Rs. 1.57 | Rs. 0.97 | -38.22 % | -75.63 % |
In reviewing TUTICORIN ALKALI CHEMICALS AND FERTILIZERS LIMITED’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -58.11 % year-on-year, although there was a slight dip of -26.42 % from the previous quarter. Expenses decreased by -60.99 % compared to the previous year, with a decrease of -25.04 % quarter-on-quarter. Operating Profit dropped by -47.08 % annually, and saw a -30.06 % decrease from the last quarter.
Net Profit showed yearly decrease of -75.31 %, and experienced a -37.53 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -75.63 % annually, however dipped by -38.22 % compared to the last quarter. In essence, while TUTICORIN ALKALI CHEMICALS AND FERTILIZERS LIMITED exhibits strong annual growth indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.