Share the post "TAMBOLI INDUSTRIES ‘s Q1 Report: Revenue Falls by 26.89% YoY"
Highlights
- The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company’s sales declined by -26.89 % over the year, decrease in net sales/revenue by -16.7 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -91.52 %, Marginal increase in other income during this quarter, up by 126.67%.
- Profit over the Year and quarter: Challenges in sustaining profitability for TAMBOLI INDUSTRIES LIMITED. Profit dropped by -35.27 % Year to Year, TAMBOLI INDUSTRIES LIMITED’s profitability dropped by -1.55 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -35.02 % Year to Year. EPS decreased by -1.4 % 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. 19.29 Cr | Rs. 16.931 Cr | Rs. 14.103 Cr | -16.7 % | -26.89 % |
| Expenses | Rs. 15.6 Cr | Rs. 13.92 Cr | Rs. 10.76 Cr | -22.7 % | -31.03 % |
| Operating Profit | Rs. 3.69 Cr | Rs. 3.01 Cr | Rs. 3.34 Cr | + 10.96 % | -9.49 % |
| OPM % | 19.13 % | 17.78 % | 23.68 % | + 5.9 % | + 4.55 % |
| Other Income | Rs. 0.401 Cr | Rs. 0.015 Cr | Rs. 0.034 Cr | + 126.67 % | -91.52 % |
| Interest | Rs. 0.05 Cr | Rs. 0.04 Cr | Rs. 0.16 Cr | + 300 % | + 220 % |
| Depreciation | Rs. 1.08 Cr | Rs. 1.06 Cr | Rs. 1.27 Cr | + 19.81 % | + 17.59 % |
| Profit before tax | Rs. 2.96 Cr | Rs. 1.93 Cr | Rs. 1.94 Cr | + 0.52 % | -34.46 % |
| Tax % | 27.08 % | 26.47 % | 28.13 % | + 1.66 % | + 1.05 % |
| Net Profit | Rs. 2.16 Cr | Rs. 1.42 Cr | Rs. 1.4 Cr | -1.41 % | -35.19 % |
| EPS in Rs | Rs. 2.17 | Rs. 1.43 | Rs. 1.41 | -1.4 % | -35.02 % |
Today, we’re looking at TAMBOLI INDUSTRIES LIMITED’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -26.89 %. However, it did see a marginal slip of -16.7 % from the previous quarter. Expenses decreased slightly by -22.7 % quarter-on-quarter, aligning with the annual decline of -31.03 %. Operating profit, while down -9.49 % compared to last year, faced a quarter-on-quarter increase of 10.96 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 4.55 %, but an expansion of 5.9 % sequentially. Other income rose by 126.67 % compared to the last quarter, despite an annual decline of -91.52 %. Interest expenses surged remarkably by 300 % from the previous quarter, yet the year-over-year increase remains at a moderate 220 %. Depreciation costs climbed by 19.81 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 17.59 %. Profit before tax declined annually by -34.46 % but saw an increase from the preceding quarter by 0.52 %.
Tax expenses as a percentage of profits increased slightly by 1.05 % compared to last year, with a more notable quarter-on-quarter increase of 1.66 %. Net profit fell by -35.19 % year-on-year but witnessed a -1.41 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -35.02 % but a quarterly fall of -1.4 %. In summary, TAMBOLI INDUSTRIES 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. 19.29 Cr | Rs. 16.931 Cr | Rs. 14.103 Cr | -16.7 % | -26.89 % |
| Expenses | Rs. 15.6 Cr | Rs. 13.92 Cr | Rs. 10.76 Cr | -22.7 % | -31.03 % |
| Operating Profit | Rs. 3.69 Cr | Rs. 3.01 Cr | Rs. 3.34 Cr | + 10.96 % | -9.49 % |
| Net Profit | Rs. 2.16 Cr | Rs. 1.42 Cr | Rs. 1.4 Cr | -1.41 % | -35.19 % |
| EPS in Rs | Rs. 2.17 | Rs. 1.43 | Rs. 1.41 | -1.4 % | -35.02 % |
In reviewing TAMBOLI INDUSTRIES LIMITED’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -26.89 % year-on-year, although there was a slight dip of -16.7 % from the previous quarter. Expenses decreased by -31.03 % compared to the previous year, with a decrease of -22.7 % quarter-on-quarter. Operating Profit dropped by -9.49 % annually, and saw a 10.96 % increase from the last quarter.
Net Profit showed yearly decrease of -35.19 %, and experienced a -1.41 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -35.02 % annually, however dipped by -1.4 % compared to the last quarter. In essence, while TAMBOLI INDUSTRIES 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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