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Highlights
- Sales over the Year and quarter: The company’s sales declined by -21.15 % over the year, decrease in net sales/revenue by -6.84 %.
- 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 18.6 %. Marginal increase in other income during this quarter, up by 4.08%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Tata Chemicals Ltd. Profit dropped by -221.53 % Year to Year, Tata Chemicals Ltd’s profitability dropped by -533.51 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -219.87 % Year to Year. EPS decreased by -638.06 % 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. 4407 Cr | Rs. 3730 Cr | Rs. 3475 Cr | -6.84 % | -21.15 % |
| Expenses | Rs. 3442 Cr | Rs. 3188 Cr | Rs. 3032 Cr | -4.89 % | -11.91 % |
| Operating Profit | Rs. 965 Cr | Rs. 542 Cr | Rs. 443 Cr | -18.27 % | -54.09 % |
| OPM % | 21.9 % | 14.53 % | 12.75 % | -1.78 % | -9.15 % |
| Other Income | Rs. 86 Cr | Rs. 98 Cr | Rs. 102 Cr | + 4.08 % | + 18.6 % |
| Interest | Rs. 133 Cr | Rs. 132 Cr | Rs. 130 Cr | -1.52 % | -2.26 % |
| Depreciation | Rs. 234 Cr | Rs. 246 Cr | Rs. 271 Cr | + 10.16 % | + 15.81 % |
| Profit before tax | Rs. 684 Cr | Rs. 262 Cr | Rs. 144 Cr | -45.04 % | -78.95 % |
| Tax % | 1.19 % | 33.66 % | -2.73 % | -36.39 % | -3.92 % |
| Net Profit | Rs. 692 Cr | Rs. 194 Cr | Rs. -841 Cr | -533.51 % | -221.53 % |
| EPS in Rs | Rs. 27.83 | Rs. 6.2 | Rs. -33.36 | -638.06 % | -219.87 % |
Today, we’re looking at Tata Chemicals 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 -21.15 %. However, it did see a marginal slip of -6.84 % from the previous quarter. Expenses decreased slightly by -4.89 % quarter-on-quarter, aligning with the annual decline of -11.91 %. Operating profit, while down -54.09 % compared to last year, faced a quarter-on-quarter dip of -18.27 %, 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 -9.15 %, but a shrinkage of -1.78 % sequentially. Other income rose by 4.08 % compared to the last quarter, despite an annual growth of 18.6 %. Interest expenses dropped significantly by -1.52 % from the previous quarter, yet the year-over-year decrease remains at a moderate -2.26 %. Depreciation costs climbed by 10.16 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 15.81 %. Profit before tax declined annually by -78.95 % but saw a reduction from the preceding quarter by -45.04 %.
Tax expenses as a percentage of profits decreased slightly by -3.92 % compared to last year, with a more notable quarter-on-quarter decrease of -36.39 %. Net profit fell by -221.53 % year-on-year but witnessed a -533.51 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -219.87 % but a quarterly fall of -638.06 %. In summary, Tata Chemicals 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. 4407 Cr | Rs. 3730 Cr | Rs. 3475 Cr | -6.84 % | -21.15 % |
| Expenses | Rs. 3442 Cr | Rs. 3188 Cr | Rs. 3032 Cr | -4.89 % | -11.91 % |
| Operating Profit | Rs. 965 Cr | Rs. 542 Cr | Rs. 443 Cr | -18.27 % | -54.09 % |
| Net Profit | Rs. 692 Cr | Rs. 194 Cr | Rs. -841 Cr | -533.51 % | -221.53 % |
| EPS in Rs | Rs. 27.83 | Rs. 6.2 | Rs. -33.36 | -638.06 % | -219.87 % |
In reviewing Tata Chemicals Ltd’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -21.15 % year-on-year, although there was a slight dip of -6.84 % from the previous quarter. Expenses decreased by -11.91 % compared to the previous year, with a decrease of -4.89 % quarter-on-quarter. Operating Profit dropped by -54.09 % annually, and saw a -18.27 % decrease from the last quarter.
Net Profit showed yearly decrease of -221.53 %, and experienced a -533.51 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -219.87 % annually, however dipped by -638.06 % compared to the last quarter. In essence, while Tata Chemicals Ltd faces strong annual decline indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.
