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Highlights
- The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 23.62 % in the past year, decrease in net sales/revenue by -16.4 %.
- 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 289.55 %. Marginal increase in other income during this quarter, up by 41.01%.
- Profit over the Year and quarter: Significant improvement in profitability for ITD Cementation India Ltd. Notable increase of 34.45 % in net profit Year to Year, ITD Cementation India Ltd’s profitability dropped by -27.94 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 34.29 % Year to Year. EPS decreased by -28.13 % 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. 1610.42 Cr | Rs. 2381.49 Cr | Rs. 1990.871 Cr | -16.4 % | + 23.62 % |
| Expenses | Rs. 1452.25 Cr | Rs. 2160.06 Cr | Rs. 1809.22 Cr | -16.24 % | + 24.58 % |
| Operating Profit | Rs. 158.17 Cr | Rs. 221.43 Cr | Rs. 181.65 Cr | -17.97 % | + 14.84 % |
| OPM % | 9.82 % | 9.3 % | 9.12 % | -0.18 % | -0.7 % |
| Other Income | Rs. 5.769 Cr | Rs. 15.937 Cr | Rs. 22.473 Cr | + 41.01 % | + 289.55 % |
| Interest | Rs. 51.67 Cr | Rs. 52.88 Cr | Rs. 57.21 Cr | + 8.19 % | + 10.72 % |
| Depreciation | Rs. 52.75 Cr | Rs. 49.43 Cr | Rs. 46.85 Cr | -5.22 % | -11.18 % |
| Profit before tax | Rs. 59.52 Cr | Rs. 135.06 Cr | Rs. 100.06 Cr | -25.91 % | + 68.11 % |
| Tax % | 24.14 % | 25.85 % | 27.92 % | + 2.07 % | + 3.78 % |
| Net Profit | Rs. 53.7 Cr | Rs. 100.18 Cr | Rs. 72.2 Cr | -27.93 % | + 34.45 % |
| EPS in Rs | Rs. 3.12 | Rs. 5.83 | Rs. 4.19 | -28.13 % | + 34.29 % |
Today, we’re looking at ITD Cementation India Ltd’s financial performance for the Q2(Sep 2024-25).Starting with the top line, the company reported a robust year-over-year sales growth of 23.62 %. However, it did see a marginal slip of -16.4 % from the previous quarter. Expenses decreased slightly by -16.24 % quarter-on-quarter, aligning with the annual rise of 24.58 %. Operating profit, while up 14.84 % compared to last year, faced a quarter-on-quarter dip of -17.97 %, 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 -0.7 %, but a shrinkage of -0.18 % sequentially. Other income rose by 41.01 % compared to the last quarter, despite an annual growth of 289.55 %. Interest expenses surged remarkably by 8.19 % from the previous quarter, yet the year-over-year increase remains at a moderate 10.72 %. Depreciation costs fell by -5.22 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -11.18 %. Profit before tax grew annually by 68.11 % but saw a reduction from the preceding quarter by -25.91 %.
Tax expenses as a percentage of profits increased slightly by 3.78 % compared to last year, with a more notable quarter-on-quarter increase of 2.07 %. Net profit rose by 34.45 % year-on-year but witnessed a -27.93 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 34.29 % but a quarterly fall of -28.13 %. In summary, ITD Cementation India 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. 1610.42 Cr | Rs. 2381.49 Cr | Rs. 1990.871 Cr | -16.4 % | + 23.62 % |
| Expenses | Rs. 1452.25 Cr | Rs. 2160.06 Cr | Rs. 1809.22 Cr | -16.24 % | + 24.58 % |
| Operating Profit | Rs. 158.17 Cr | Rs. 221.43 Cr | Rs. 181.65 Cr | -17.97 % | + 14.84 % |
| Net Profit | Rs. 53.7 Cr | Rs. 100.18 Cr | Rs. 72.2 Cr | -27.93 % | + 34.45 % |
| EPS in Rs | Rs. 3.12 | Rs. 5.83 | Rs. 4.19 | -28.13 % | + 34.29 % |
In reviewing ITD Cementation India Ltd’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 23.62 % year-on-year growth, although there was a slight dip of -16.4 % from the previous quarter. Expenses rose by 24.58 % compared to the previous year, with a decrease of -16.24 % quarter-on-quarter. Operating Profit surged by 14.84 % annually, and saw a -17.97 % decrease from the last quarter.
Net Profit showed yearly increase of 34.45 %, and experienced a -27.93 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 34.29 % annually, however dipped by -28.13 % compared to the last quarter. In essence, while ITD Cementation India Ltd 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.
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