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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 11.77 % in the past year, substantial increase in net sales/revenue by 0.82 %.
- 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 33.81 %. Marginal decrease of -84.52% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Talbros Automotive Components Ltd.,. Notable increase of 18.35 % in net profit Year to Year, Talbros Automotive Components Ltd.,’s profitability dropped by -58.59 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -76.33 % Year to Year. EPS decreased by -58.61 % 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. 182.826 Cr | Rs. 202.676 Cr | Rs. 204.347 Cr | + 0.82 % | + 11.77 % |
Expenses | Rs. 157.47 Cr | Rs. 171.98 Cr | Rs. 174.65 Cr | + 1.55 % | + 10.91 % |
Operating Profit | Rs. 25.36 Cr | Rs. 30.7 Cr | Rs. 29.7 Cr | -3.26 % | + 17.11 % |
OPM % | 13.87 % | 15.15 % | 14.53 % | -0.62 % | + 0.66 % |
Other Income | Rs. 5.93 Cr | Rs. 51.266 Cr | Rs. 7.935 Cr | -84.52 % | + 33.81 % |
Interest | Rs. 3.2 Cr | Rs. 3.12 Cr | Rs. 3.34 Cr | + 7.05 % | + 4.37 % |
Depreciation | Rs. 6 Cr | Rs. 7.72 Cr | Rs. 7.87 Cr | + 1.94 % | + 31.17 % |
Profit before tax | Rs. 22.09 Cr | Rs. 71.13 Cr | Rs. 26.43 Cr | -62.84 % | + 19.65 % |
Tax % | 25.03 % | 31.8 % | 24.83 % | -6.97 % | -0.2 % |
Net Profit | Rs. 17.42 Cr | Rs. 49.79 Cr | Rs. 20.62 Cr | -58.59 % | + 18.37 % |
EPS in Rs | Rs. 14.11 | Rs. 8.07 | Rs. 3.34 | -58.61 % | -76.33 % |
Today, we’re looking at Talbros Automotive Components Ltd.,’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 11.77 %. However, it did see a marginal increase of 0.82 % from the previous quarter. Expenses ticked up slightly by 1.55 % quarter-on-quarter, aligning with the annual rise of 10.91 %. Operating profit, while up 17.11 % compared to last year, faced a quarter-on-quarter dip of -3.26 %, 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 0.66 %, but a shrinkage of -0.62 % sequentially. Other income fell by -84.52 % compared to the last quarter, despite an annual growth of 33.81 %. Interest expenses surged remarkably by 7.05 % from the previous quarter, yet the year-over-year increase remains at a moderate 4.37 %. Depreciation costs climbed by 1.94 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 31.17 %. Profit before tax grew annually by 19.65 % but saw a reduction from the preceding quarter by -62.84 %.
Tax expenses as a percentage of profits decreased slightly by -0.2 % compared to last year, with a more notable quarter-on-quarter decrease of -6.97 %. Net profit rose by 18.37 % year-on-year but witnessed a -58.59 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -76.33 % but a quarterly fall of -58.61 %. In summary, Talbros Automotive Components 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. 182.826 Cr | Rs. 202.676 Cr | Rs. 204.347 Cr | + 0.82 % | + 11.77 % |
Expenses | Rs. 157.47 Cr | Rs. 171.98 Cr | Rs. 174.65 Cr | + 1.55 % | + 10.91 % |
Operating Profit | Rs. 25.36 Cr | Rs. 30.7 Cr | Rs. 29.7 Cr | -3.26 % | + 17.11 % |
Net Profit | Rs. 17.42 Cr | Rs. 49.79 Cr | Rs. 20.62 Cr | -58.59 % | + 18.37 % |
EPS in Rs | Rs. 14.11 | Rs. 8.07 | Rs. 3.34 | -58.61 % | -76.33 % |
In reviewing Talbros Automotive Components Ltd.,’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 11.77 % year-on-year growth, however, there was a minor increase of 0.82 % from the previous quarter. Expenses rose by 10.91 % compared to the previous year, with a 1.55 % increase quarter-on-quarter. Operating Profit surged by 17.11 % annually, and saw a -3.26 % decrease from the last quarter.
Net Profit showed yearly increase of 18.37 %, and experienced a -58.59 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -76.33 % annually, however dipped by -58.61 % compared to the last quarter. In essence, while Talbros Automotive Components 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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