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Tainwala Chemical And Plastic (I) announces Q2 Report: Revenue Dropped by 21.84% YoY

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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.

The comprehensive analytics outlining the performance and outlook of Tainwala Chemical and Plastic (I) Limited‘s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

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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