Share the post "Tainwala Chemical And Plastic (I) announces Q2 Report: Revenue Dropped by 21.84% YoY"
Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company’s sales declined by -21.84 % over the year, substantial increase in net sales/revenue by 221.4 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -29.86 %, Marginal increase in other income during this quarter, up by 377.59%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Tainwala Chemical and Plastic (I) Limited. Profit dropped by -27.71 % Year to Year, Tainwala Chemical and Plastic (I) Limited’s profitability increased by 332.83 % in this quarter.
- EPS over the Year and quarter: EPS declined by -27.72 % Year to Year. EPS increased by 334.52 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 6.361 Cr | Rs. 1.547 Cr | Rs. 4.972 Cr | + 221.4 % | -21.84 % |
Expenses | Rs. 6.28 Cr | Rs. 1.27 Cr | Rs. 5.08 Cr | + 300 % | -19.11 % |
Operating Profit | Rs. 0.08 Cr | Rs. 0.28 Cr | Rs. -0.11 Cr | -139.29 % | -237.5 % |
OPM % | 1.26 % | 18.1 % | -2.21 % | -20.31 % | -3.47 % |
Other Income | Rs. 5.379 Cr | Rs. 0.79 Cr | Rs. 3.773 Cr | + 377.59 % | -29.86 % |
Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Depreciation | Rs. 0.12 Cr | Rs. 0.1 Cr | Rs. 0.1 Cr | + 0 % | -16.67 % |
Profit before tax | Rs. 5.34 Cr | Rs. 0.97 Cr | Rs. 3.56 Cr | + 267.01 % | -33.33 % |
Tax % | 11.52 % | 18.58 % | 4.21 % | -14.37 % | -7.31 % |
Net Profit | Rs. 4.72 Cr | Rs. 0.79 Cr | Rs. 3.42 Cr | + 332.91 % | -27.54 % |
EPS in Rs | Rs. 5.05 | Rs. 0.84 | Rs. 3.65 | + 334.52 % | -27.72 % |
Today, we’re looking at Tainwala Chemical and Plastic (I) Limited’s financial performance for the Q2(Sep 2024-25).Starting with the top line, the company reported a significant year-over-year sales decline of -21.84 %. However, it did see a marginal increase of 221.4 % from the previous quarter. Expenses ticked up slightly by 300 % quarter-on-quarter, aligning with the annual decline of -19.11 %. Operating profit, while down -237.5 % compared to last year, faced a quarter-on-quarter dip of -139.29 %, 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 -3.47 %, but a shrinkage of -20.31 % sequentially. Other income rose by 377.59 % compared to the last quarter, despite an annual decline of -29.86 %. Depreciation costs climbed by 0 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -16.67 %. Profit before tax declined annually by -33.33 % but saw an increase from the preceding quarter by 267.01 %.
Tax expenses as a percentage of profits decreased slightly by -7.31 % compared to last year, with a more notable quarter-on-quarter decrease of -14.37 %. Net profit fell by -27.54 % year-on-year but experienced a 332.91 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -27.72 % but a quarterly rise of 334.52 %. In summary, Tainwala Chemical and Plastic (I) 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. 6.361 Cr | Rs. 1.547 Cr | Rs. 4.972 Cr | + 221.4 % | -21.84 % |
Expenses | Rs. 6.28 Cr | Rs. 1.27 Cr | Rs. 5.08 Cr | + 300 % | -19.11 % |
Operating Profit | Rs. 0.08 Cr | Rs. 0.28 Cr | Rs. -0.11 Cr | -139.29 % | -237.5 % |
Net Profit | Rs. 4.72 Cr | Rs. 0.79 Cr | Rs. 3.42 Cr | + 332.91 % | -27.54 % |
EPS in Rs | Rs. 5.05 | Rs. 0.84 | Rs. 3.65 | + 334.52 % | -27.72 % |
In reviewing Tainwala Chemical and Plastic (I) Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -21.84 % year-on-year, however, there was a minor increase of 221.4 % from the previous quarter. Expenses decreased by -19.11 % compared to the previous year, with a 300 % increase quarter-on-quarter. Operating Profit dropped by -237.5 % annually, and saw a -139.29 % decrease from the last quarter.
Net Profit showed yearly decrease of -27.54 %, and experienced a 332.91 % increase from the previous quarter. Earnings Per Share (EPS) fell by -27.72 % annually, however rose by 334.52 % compared to the last quarter. In essence, while Tainwala Chemical and Plastic (I) Limited 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.
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