Highlights
- Sales over the Year and quarter: The company’s sales declined by -3.19 % over the year, decrease in net sales/revenue by -4.97 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -28.57 %, Marginal decrease of -68.75% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for TALBROS ENGINEERING LIMITED. Profit dropped by -6.14 % Year to Year, TALBROS ENGINEERING LIMITED’s profitability dropped by -0.9 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -5.39 % Year to Year. EPS increased by 0.34 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 106.238 Cr | Rs. 108.229 Cr | Rs. 102.848 Cr | -4.97 % | -3.19 % |
Expenses | Rs. 94.86 Cr | Rs. 96.76 Cr | Rs. 92.03 Cr | -4.89 % | -2.98 % |
Operating Profit | Rs. 11.38 Cr | Rs. 11.47 Cr | Rs. 10.82 Cr | -5.67 % | -4.92 % |
OPM % | 10.71 % | 10.6 % | 10.52 % | -0.08 % | -0.19 % |
Other Income | Rs. 0.07 Cr | Rs. 0.16 Cr | Rs. 0.05 Cr | -68.75 % | -28.57 % |
Interest | Rs. 2.63 Cr | Rs. 3.04 Cr | Rs. 2.35 Cr | -22.7 % | -10.65 % |
Depreciation | Rs. 2.4 Cr | Rs. 2.63 Cr | Rs. 2.47 Cr | -6.08 % | + 2.92 % |
Profit before tax | Rs. 6.42 Cr | Rs. 5.96 Cr | Rs. 6.05 Cr | + 1.51 % | -5.76 % |
Tax % | 26.97 % | 25.49 % | 27.32 % | + 1.83 % | + 0.35 % |
Net Profit | Rs. 4.69 Cr | Rs. 4.44 Cr | Rs. 4.4 Cr | -0.9 % | -6.18 % |
EPS in Rs | Rs. 9.28 | Rs. 8.75 | Rs. 8.78 | + 0.34 % | -5.39 % |
Today, we’re looking at TALBROS ENGINEERING 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 -3.19 %. However, it did see a marginal slip of -4.97 % from the previous quarter. Expenses decreased slightly by -4.89 % quarter-on-quarter, aligning with the annual decline of -2.98 %. Operating profit, while down -4.92 % compared to last year, faced a quarter-on-quarter dip of -5.67 %, 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 -0.19 %, but a shrinkage of -0.08 % sequentially. Other income fell by -68.75 % compared to the last quarter, despite an annual decline of -28.57 %. Interest expenses dropped significantly by -22.7 % from the previous quarter, yet the year-over-year decrease remains at a moderate -10.65 %. Depreciation costs fell by -6.08 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 2.92 %. Profit before tax declined annually by -5.76 % but saw an increase from the preceding quarter by 1.51 %.
Tax expenses as a percentage of profits increased slightly by 0.35 % compared to last year, with a more notable quarter-on-quarter increase of 1.83 %. Net profit fell by -6.18 % year-on-year but witnessed a -0.9 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -5.39 % but a quarterly rise of 0.34 %. In summary, TALBROS ENGINEERING 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. 106.238 Cr | Rs. 108.229 Cr | Rs. 102.848 Cr | -4.97 % | -3.19 % |
Expenses | Rs. 94.86 Cr | Rs. 96.76 Cr | Rs. 92.03 Cr | -4.89 % | -2.98 % |
Operating Profit | Rs. 11.38 Cr | Rs. 11.47 Cr | Rs. 10.82 Cr | -5.67 % | -4.92 % |
Net Profit | Rs. 4.69 Cr | Rs. 4.44 Cr | Rs. 4.4 Cr | -0.9 % | -6.18 % |
EPS in Rs | Rs. 9.28 | Rs. 8.75 | Rs. 8.78 | + 0.34 % | -5.39 % |
In reviewing TALBROS ENGINEERING LIMITED’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -3.19 % year-on-year, although there was a slight dip of -4.97 % from the previous quarter. Expenses decreased by -2.98 % compared to the previous year, with a decrease of -4.89 % quarter-on-quarter. Operating Profit dropped by -4.92 % annually, and saw a -5.67 % decrease from the last quarter.
Net Profit showed yearly decrease of -6.18 %, and experienced a -0.9 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -5.39 % annually, however rose by 0.34 % compared to the last quarter. In essence, while TALBROS ENGINEERING 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.