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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 experienced a substantial growth of 19.96 % in the past year, decrease in net sales/revenue by -0.55 %.
- 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 20.2 %. Marginal decrease of -32.74% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for TeamLease Services Limited. Notable increase of 15.42 % in net profit Year to Year, TeamLease Services Limited’s profitability dropped by -9.6 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 17.07 % Year to Year. EPS decreased by -11.36 % 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. 2027.274 Cr | Rs. 2445.36 Cr | Rs. 2431.968 Cr | -0.55 % | + 19.96 % |
Expenses | Rs. 1993.6 Cr | Rs. 2409.3 Cr | Rs. 2395.32 Cr | -0.58 % | + 20.15 % |
Operating Profit | Rs. 33.67 Cr | Rs. 36.06 Cr | Rs. 36.65 Cr | + 1.64 % | + 8.85 % |
OPM % | 1.66 % | 1.47 % | 1.51 % | + 0.04 % | -0.15 % |
Other Income | Rs. 7.566 Cr | Rs. 13.52 Cr | Rs. 9.094 Cr | -32.74 % | + 20.2 % |
Interest | Rs. 2.12 Cr | Rs. 3.08 Cr | Rs. 2.62 Cr | -14.94 % | + 23.58 % |
Depreciation | Rs. 12.77 Cr | Rs. 13.56 Cr | Rs. 13.56 Cr | + 0 % | + 6.19 % |
Profit before tax | Rs. 26.35 Cr | Rs. 32.94 Cr | Rs. 29.56 Cr | -10.26 % | + 12.18 % |
Tax % | 7.51 % | 5.53 % | 4.84 % | -0.69 % | -2.67 % |
Net Profit | Rs. 24.37 Cr | Rs. 31.12 Cr | Rs. 28.13 Cr | -9.61 % | + 15.43 % |
EPS in Rs | Rs. 14 | Rs. 18.49 | Rs. 16.39 | -11.36 % | + 17.07 % |
Today, we’re looking at TeamLease Services 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 19.96 %. However, it did see a marginal slip of -0.55 % from the previous quarter. Expenses decreased slightly by -0.58 % quarter-on-quarter, aligning with the annual rise of 20.15 %. Operating profit, while up 8.85 % compared to last year, faced a quarter-on-quarter increase of 1.64 %, 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 -0.15 %, but an expansion of 0.04 % sequentially. Other income fell by -32.74 % compared to the last quarter, despite an annual growth of 20.2 %. Interest expenses dropped significantly by -14.94 % from the previous quarter, yet the year-over-year increase remains at a moderate 23.58 %. Depreciation costs climbed by 0 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 6.19 %. Profit before tax grew annually by 12.18 % but saw a reduction from the preceding quarter by -10.26 %.
Tax expenses as a percentage of profits decreased slightly by -2.67 % compared to last year, with a more notable quarter-on-quarter decrease of -0.69 %. Net profit rose by 15.43 % year-on-year but witnessed a -9.61 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 17.07 % but a quarterly fall of -11.36 %. In summary, TeamLease Services 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. 2027.274 Cr | Rs. 2445.36 Cr | Rs. 2431.968 Cr | -0.55 % | + 19.96 % |
Expenses | Rs. 1993.6 Cr | Rs. 2409.3 Cr | Rs. 2395.32 Cr | -0.58 % | + 20.15 % |
Operating Profit | Rs. 33.67 Cr | Rs. 36.06 Cr | Rs. 36.65 Cr | + 1.64 % | + 8.85 % |
Net Profit | Rs. 24.37 Cr | Rs. 31.12 Cr | Rs. 28.13 Cr | -9.61 % | + 15.43 % |
EPS in Rs | Rs. 14 | Rs. 18.49 | Rs. 16.39 | -11.36 % | + 17.07 % |
In reviewing TeamLease Services Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 19.96 % year-on-year growth, although there was a slight dip of -0.55 % from the previous quarter. Expenses rose by 20.15 % compared to the previous year, with a decrease of -0.58 % quarter-on-quarter. Operating Profit surged by 8.85 % annually, and saw a 1.64 % increase from the last quarter.
Net Profit showed yearly increase of 15.43 %, and experienced a -9.61 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 17.07 % annually, however dipped by -11.36 % compared to the last quarter. In essence, while TeamLease Services Limited 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.
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