Share the post "Tamil Nadu Newsprint And Papers : Q4 2024 Financial Quarterly Report : YoY Sales Down 13.74 %, QoQ Down 0.78 %"
Highlights
- Sales over the Year and quarter: The company’s sales declined by -13.74 % over the year, decrease in net sales/revenue by -0.78 %.
- 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 52.5 %. Marginal increase in other income during this quarter, up by 4.95%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Tamil Nadu Newsprint And Papers Ltd. Profit dropped by -67.92 % Year to Year, Tamil Nadu Newsprint And Papers Ltd’s profitability increased by 103.64 % in this quarter.
- EPS over the Year and quarter: EPS declined by -67.90 % Year to Year. EPS increased by 103.85 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 1427.29 Cr | Rs. 1240.86 Cr | Rs. 1231.14 Cr | -0.78 % | -13.74 % |
| Expenses | Rs. 1152.26 Cr | Rs. 1103.69 Cr | Rs. 1069.21 Cr | -3.12 % | -7.21 % |
| Operating Profit | Rs. 275.03 Cr | Rs. 137.17 Cr | Rs. 161.93 Cr | + 18.05 % | -41.12 % |
| OPM % | 19.27 % | 11.05 % | 13.15 % | + 2.1 % | -6.12 % |
| Other Income | Rs. 12.8 Cr | Rs. 18.6 Cr | Rs. 19.52 Cr | + 4.95 % | + 52.5 % |
| Interest | Rs. 55.54 Cr | Rs. 57.07 Cr | Rs. 53.41 Cr | -6.41 % | -3.84 % |
| Depreciation | Rs. 69.43 Cr | Rs. 75.4 Cr | Rs. 74.65 Cr | -0.99 % | + 7.52 % |
| Profit before tax | Rs. 162.86 Cr | Rs. 23.3 Cr | Rs. 53.39 Cr | + 129.14 % | -67.22 % |
| Tax % | 36.86 % | 30.47 % | 38.21 % | + 7.74 % | + 1.35 % |
| Net Profit | Rs. 102.83 Cr | Rs. 16.2 Cr | Rs. 32.99 Cr | + 103.64 % | -67.92 % |
| EPS in Rs | Rs. 14.86 | Rs. 2.34 | Rs. 4.77 | + 103.85 % | -67.9 % |
Today, we’re looking at Tamil Nadu Newsprint And Papers Ltd’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -13.74 %. However, it did see a marginal slip of -0.78 % from the previous quarter. Expenses decreased slightly by -3.12 % quarter-on-quarter, aligning with the annual decline of -7.21 %. Operating profit, while down -41.12 % compared to last year, faced a quarter-on-quarter increase of 18.05 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -6.12 %, but an expansion of 2.1 % sequentially. Other income rose by 4.95 % compared to the last quarter, despite an annual growth of 52.5 %. Interest expenses dropped significantly by -6.41 % from the previous quarter, yet the year-over-year decrease remains at a moderate -3.84 %. Depreciation costs fell by -0.99 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 7.52 %. Profit before tax declined annually by -67.22 % but saw an increase from the preceding quarter by 129.14 %.
Tax expenses as a percentage of profits increased slightly by 1.35 % compared to last year, with a more notable quarter-on-quarter increase of 7.74 %. Net profit fell by -67.92 % year-on-year but experienced a 103.64 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -67.9 % but a quarterly rise of 103.85 %. In summary, Tamil Nadu Newsprint And Papers 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. 1427.29 Cr | Rs. 1240.86 Cr | Rs. 1231.14 Cr | -0.78 % | -13.74 % |
| Expenses | Rs. 1152.26 Cr | Rs. 1103.69 Cr | Rs. 1069.21 Cr | -3.12 % | -7.21 % |
| Operating Profit | Rs. 275.03 Cr | Rs. 137.17 Cr | Rs. 161.93 Cr | + 18.05 % | -41.12 % |
| Net Profit | Rs. 102.83 Cr | Rs. 16.2 Cr | Rs. 32.99 Cr | + 103.64 % | -67.92 % |
| EPS in Rs | Rs. 14.86 | Rs. 2.34 | Rs. 4.77 | + 103.85 % | -67.9 % |
In reviewing Tamil Nadu Newsprint And Papers Ltd’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -13.74 % year-on-year, although there was a slight dip of -0.78 % from the previous quarter. Expenses decreased by -7.21 % compared to the previous year, with a decrease of -3.12 % quarter-on-quarter. Operating Profit dropped by -41.12 % annually, and saw a 18.05 % increase from the last quarter.
Net Profit showed yearly decrease of -67.92 %, and experienced a 103.64 % increase from the previous quarter. Earnings Per Share (EPS) fell by -67.9 % annually, however rose by 103.85 % compared to the last quarter. In essence, while Tamil Nadu Newsprint And Papers Ltd 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.
