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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 8.52% in the past year Substantial increase in net sales/revenue by 3.23%.
- Income over the Year and quarter: There has been decline in other income over the past year which is -2261.11% Marginal decrease of -137.31% in other income during this quarter
- Profit over the Year and quarter: Challenges in sustaining profitability for TATA CONSUMER PRODUCTS LIMITED. Profit dropped by -26.70% Year to YearTATA CONSUMER PRODUCTS LIMITED’s profitability dropped by -29.60% Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -21.11% Year to Year.EPS decreased by -24.00%. Analysis needed for shareholder value.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 3618.73 Cr | Rs. 3803.92 Cr | Rs. 3926.94 Cr | + 3.23% | + 8.52% |
Expenses | Rs. 3107.06 Cr | Rs. 3231.54 Cr | Rs. 3297.34 Cr | + 2.04% | + 6.12% |
Operating Profit | Rs. 511.67 Cr | Rs. 572.38 Cr | Rs. 629.6 Cr | + 10% | + 23.05% |
OPM % | 14.14 % | 15.05 % | 16.03 % | + 0.98% | + 1.89% |
Other Income | Rs. -0.72 Cr | Rs. 45.57 Cr | Rs. -17 Cr | -137.31% | -2261.11% |
Interest | Rs. 27.66 Cr | Rs. 33.19 Cr | Rs. 42.83 Cr | + 29.04% | + 54.84% |
Depreciation | Rs. 82.86 Cr | Rs. 85.51 Cr | Rs. 115.76 Cr | + 35.38% | + 39.71% |
Profit before tax | Rs. 400.43 Cr | Rs. 499.25 Cr | Rs. 454.01 Cr | -9.06% | + 13.38% |
Tax % | 23.22 % | 25.18 % | 8.84 % | -16.34% | -14.38% |
Net Profit | Rs. 289.56 Cr | Rs. 301.51 Cr | Rs. 212.26 Cr | -29.6% | -26.7% |
EPS in Rs | Rs. 2.89 | Rs. 3 | Rs. 2.28 | -24% | -21.11% |
Today, we’re looking at TATA CONSUMER PRODUCTS LIMITED’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 8.52%. However, it did see a marginal increase of 3.23% from the previous quarter.Expenses ticked up slightly by 2.04% quarter-on-quarter, aligning with the annual rise of 6.12%. Operating profit, while up 23.05% compared to last year, faced a quarter-on-quarter increase of 10%, 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 1.89%, but an expansion of 0.98% sequentially. Other income fell by -137.31% compared to the last quarter, despite an annual decline of -2261.11%. Interest expenses surged remarkably by 29.04% from the previous quarter, yet the year-over-year increase remains at a moderate 54.84%. Depreciation costs climbed by 35.38% quarter-on-quarter, whereas on an annual scale, they saw an increase of 39.71%. Profit before tax grew annually by 13.38% but saw a reduction from the preceding quarter by -9.06%.
Tax expenses as a percentage of profits decreased slightly by -14.38% compared to last year, with a more notable quarter-on-quarter decrease of -16.34%. Net profit fell by -26.7% year-on-yearbut witnessed a -29.6% contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -21.11% but a quarterly fall of -24%. In summary, TATA CONSUMER PRODUCTS 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. 3618.73 Cr | Rs. 3803.92 Cr | Rs. 3926.94 Cr | + 3.23% | + 8.52% |
Expenses | Rs. 3107.06 Cr | Rs. 3231.54 Cr | Rs. 3297.34 Cr | + 2.04% | + 6.12% |
Operating Profit | Rs. 511.67 Cr | Rs. 572.38 Cr | Rs. 629.6 Cr | + 10% | + 23.05% |
Net Profit | Rs. 289.56 Cr | Rs. 301.51 Cr | Rs. 212.26 Cr | -29.6% | -26.7% |
EPS in Rs | Rs. 2.89 | Rs. 3 | Rs. 2.28 | -24% | -21.11% |
In reviewing TATA CONSUMER PRODUCTS LIMITED’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 13.62% year-on-year growth, however, there was a minor increase of 3.23% from the previous quarter. Expenses rose by 6.12% compared to the previous year, with a 2.04% increase quarter-on-quarter. Operating Profit surged by 23.05% annually, and saw a 10% increase from the last quarter.
Net Profit showed yearly decrease of -26.7%, and experienced a -29.6% decrease from the previous quarter.Earnings Per Share (EPS) fell by -21.11% annually, however dipped by -24% compared to the last quarter. In essence, while TATA CONSUMER PRODUCTS LIMITED exhibits strong annual growth indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.