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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 12.64 % in the past year, substantial increase in net sales/revenue by 5.24 %.
- 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 67.36 %. Marginal increase in other income during this quarter, up by 27.67%.
- Profit over the Year and quarter: Significant improvement in profitability for Taparia Tools Ltd.,. Notable increase of 62.14 % in net profit Year to Year, Taparia Tools Ltd.,’s profitability increased by 2.49 % in this quarter.
- EPS over the Year and quarter: EPS declined by -67.57 % Year to Year. EPS increased by 2.47 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 194.879 Cr | Rs. 208.584 Cr | Rs. 219.517 Cr | + 5.24 % | + 12.64 % |
Expenses | Rs. 172.24 Cr | Rs. 173.04 Cr | Rs. 184.34 Cr | + 6.53 % | + 7.03 % |
Operating Profit | Rs. 22.64 Cr | Rs. 35.54 Cr | Rs. 35.18 Cr | -1.01 % | + 55.39 % |
OPM % | 11.62 % | 17.04 % | 16.03 % | -1.01 % | + 4.41 % |
Other Income | Rs. 1.93 Cr | Rs. 2.53 Cr | Rs. 3.23 Cr | + 27.67 % | + 67.36 % |
Interest | Rs. 0.04 Cr | Rs. 0.04 Cr | Rs. 0.19 Cr | + 375 % | + 375 % |
Depreciation | Rs. 0.37 Cr | Rs. 0.36 Cr | Rs. 0.35 Cr | -2.78 % | -5.41 % |
Profit before tax | Rs. 24.16 Cr | Rs. 37.67 Cr | Rs. 37.87 Cr | + 0.53 % | + 56.75 % |
Tax % | 26.21 % | 25.11 % | 23.62 % | -1.49 % | -2.59 % |
Net Profit | Rs. 17.83 Cr | Rs. 28.21 Cr | Rs. 28.92 Cr | + 2.52 % | + 62.2 % |
EPS in Rs | Rs. 58.75 | Rs. 18.59 | Rs. 19.05 | + 2.47 % | -67.57 % |
Today, we’re looking at Taparia Tools Ltd.,’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 12.64 %. However, it did see a marginal increase of 5.24 % from the previous quarter. Expenses ticked up slightly by 6.53 % quarter-on-quarter, aligning with the annual rise of 7.03 %. Operating profit, while up 55.39 % compared to last year, faced a quarter-on-quarter dip of -1.01 %, 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 4.41 %, but a shrinkage of -1.01 % sequentially. Other income rose by 27.67 % compared to the last quarter, despite an annual growth of 67.36 %. Interest expenses surged remarkably by 375 % from the previous quarter, yet the year-over-year increase remains at a moderate 375 %. Depreciation costs fell by -2.78 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -5.41 %. Profit before tax grew annually by 56.75 % but saw an increase from the preceding quarter by 0.53 %.
Tax expenses as a percentage of profits decreased slightly by -2.59 % compared to last year, with a more notable quarter-on-quarter decrease of -1.49 %. Net profit rose by 62.2 % year-on-year but experienced a 2.52 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -67.57 % but a quarterly rise of 2.47 %. In summary, Taparia Tools 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. 194.879 Cr | Rs. 208.584 Cr | Rs. 219.517 Cr | + 5.24 % | + 12.64 % |
Expenses | Rs. 172.24 Cr | Rs. 173.04 Cr | Rs. 184.34 Cr | + 6.53 % | + 7.03 % |
Operating Profit | Rs. 22.64 Cr | Rs. 35.54 Cr | Rs. 35.18 Cr | -1.01 % | + 55.39 % |
Net Profit | Rs. 17.83 Cr | Rs. 28.21 Cr | Rs. 28.92 Cr | + 2.52 % | + 62.2 % |
EPS in Rs | Rs. 58.75 | Rs. 18.59 | Rs. 19.05 | + 2.47 % | -67.57 % |
In reviewing Taparia Tools Ltd.,’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 12.64 % year-on-year growth, however, there was a minor increase of 5.24 % from the previous quarter. Expenses rose by 7.03 % compared to the previous year, with a 6.53 % increase quarter-on-quarter. Operating Profit surged by 55.39 % annually, and saw a -1.01 % decrease from the last quarter.
Net Profit showed yearly increase of 62.2 %, and experienced a 2.52 % increase from the previous quarter. Earnings Per Share (EPS) fell by -67.57 % annually, however rose by 2.47 % compared to the last quarter. In essence, while Taparia Tools Ltd., exhibits strong annual growth 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.