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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 -7.78 % over the year, substantial increase in net sales/revenue by 7.33 %.
- 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 15.57 %. Marginal decrease of -74.09% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Tatva Chintan Pharma Chem Limited. Profit dropped by -45.19 % Year to Year, Tatva Chintan Pharma Chem Limited’s profitability dropped by -45.82 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -48.02 % Year to Year. EPS decreased by -45.74 % 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. 114.364 Cr | Rs. 98.266 Cr | Rs. 105.464 Cr | + 7.33 % | -7.78 % |
Expenses | Rs. 93.02 Cr | Rs. 82.66 Cr | Rs. 92.85 Cr | + 12.33 % | -0.18 % |
Operating Profit | Rs. 21.34 Cr | Rs. 15.61 Cr | Rs. 12.61 Cr | -19.22 % | -40.91 % |
OPM % | 18.66 % | 15.89 % | 11.96 % | -3.93 % | -6.7 % |
Other Income | Rs. 1.015 Cr | Rs. 4.528 Cr | Rs. 1.173 Cr | -74.09 % | + 15.57 % |
Interest | Rs. 2.93 Cr | Rs. 0.21 Cr | Rs. 0.31 Cr | + 47.62 % | -89.42 % |
Depreciation | Rs. 6.01 Cr | Rs. 6.23 Cr | Rs. 6.67 Cr | + 7.06 % | + 10.98 % |
Profit before tax | Rs. 13.42 Cr | Rs. 13.7 Cr | Rs. 6.8 Cr | -50.36 % | -49.33 % |
Tax % | 29.18 % | 29.77 % | 23.5 % | -6.27 % | -5.68 % |
Net Profit | Rs. 9.5 Cr | Rs. 9.61 Cr | Rs. 5.21 Cr | -45.79 % | -45.16 % |
EPS in Rs | Rs. 4.29 | Rs. 4.11 | Rs. 2.23 | -45.74 % | -48.02 % |
Today, we’re looking at Tatva Chintan Pharma Chem 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 -7.78 %. However, it did see a marginal increase of 7.33 % from the previous quarter. Expenses ticked up slightly by 12.33 % quarter-on-quarter, aligning with the annual decline of -0.18 %. Operating profit, while down -40.91 % compared to last year, faced a quarter-on-quarter dip of -19.22 %, 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 -6.7 %, but a shrinkage of -3.93 % sequentially. Other income fell by -74.09 % compared to the last quarter, despite an annual growth of 15.57 %. Interest expenses surged remarkably by 47.62 % from the previous quarter, yet the year-over-year decrease remains at a moderate -89.42 %. Depreciation costs climbed by 7.06 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 10.98 %. Profit before tax declined annually by -49.33 % but saw a reduction from the preceding quarter by -50.36 %.
Tax expenses as a percentage of profits decreased slightly by -5.68 % compared to last year, with a more notable quarter-on-quarter decrease of -6.27 %. Net profit fell by -45.16 % year-on-year but witnessed a -45.79 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -48.02 % but a quarterly fall of -45.74 %. In summary, Tatva Chintan Pharma Chem 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. 114.364 Cr | Rs. 98.266 Cr | Rs. 105.464 Cr | + 7.33 % | -7.78 % |
Expenses | Rs. 93.02 Cr | Rs. 82.66 Cr | Rs. 92.85 Cr | + 12.33 % | -0.18 % |
Operating Profit | Rs. 21.34 Cr | Rs. 15.61 Cr | Rs. 12.61 Cr | -19.22 % | -40.91 % |
Net Profit | Rs. 9.5 Cr | Rs. 9.61 Cr | Rs. 5.21 Cr | -45.79 % | -45.16 % |
EPS in Rs | Rs. 4.29 | Rs. 4.11 | Rs. 2.23 | -45.74 % | -48.02 % |
In reviewing Tatva Chintan Pharma Chem Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -7.78 % year-on-year, however, there was a minor increase of 7.33 % from the previous quarter. Expenses decreased by -0.18 % compared to the previous year, with a 12.33 % increase quarter-on-quarter. Operating Profit dropped by -40.91 % annually, and saw a -19.22 % decrease from the last quarter.
Net Profit showed yearly decrease of -45.16 %, and experienced a -45.79 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -48.02 % annually, however dipped by -45.74 % compared to the last quarter. In essence, while Tatva Chintan Pharma Chem Limited 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.