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Technocraft Industries (India) Reports Q2: Revenue Up by 20.9% Year-on-Year

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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 20.9 % in the past year, substantial increase in net sales/revenue by 1.31 %.
  • 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 108.53 %. Marginal increase in other income during this quarter, up by 16.99%.
  • Profit over the Year and quarter: Significant improvement in profitability for Technocraft Industries (India) Limited. Notable increase of 1.49 % in net profit Year to Year, Technocraft Industries (India) Limited’s profitability dropped by -15.11 % Quarter to Quarter.
  • EPS over the Year and quarter: EPS increased by 4.98 % Year to Year. EPS decreased by -13.93 % in previous quarter. Analysis needed for shareholder value.

The comprehensive analytics outlining the performance and outlook of Technocraft Industries (India) Limited‘s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 519.897 Cr Rs. 620.405 Cr Rs. 628.563 Cr + 1.31 % + 20.9 %
Expenses Rs. 418.01 Cr Rs. 504.45 Cr Rs. 531.93 Cr + 5.45 % + 27.25 %
Operating Profit Rs. 101.89 Cr Rs. 115.96 Cr Rs. 96.63 Cr -16.67 % -5.16 %
OPM % 19.6 % 18.69 % 15.37 % -3.32 % -4.23 %
Other Income Rs. 16.919 Cr Rs. 30.157 Cr Rs. 35.282 Cr + 16.99 % + 108.53 %
Interest Rs. 9.74 Cr Rs. 10.95 Cr Rs. 13.89 Cr + 26.85 % + 42.61 %
Depreciation Rs. 16.59 Cr Rs. 24.14 Cr Rs. 25.12 Cr + 4.06 % + 51.42 %
Profit before tax Rs. 92.48 Cr Rs. 111.03 Cr Rs. 92.9 Cr -16.33 % + 0.45 %
Tax % 24.13 % 24.43 % 23.35 % -1.08 % -0.78 %
Net Profit Rs. 70.17 Cr Rs. 83.89 Cr Rs. 71.21 Cr -15.12 % + 1.48 %
EPS in Rs Rs. 28.73 Rs. 35.04 Rs. 30.16 -13.93 % + 4.98 %


Today, we’re looking at Technocraft Industries (India) Limited’s financial performance for the Q2(Sep 2024-25).Starting with the top line, the company reported a robust year-over-year sales growth of 20.9 %. However, it did see a marginal increase of 1.31 % from the previous quarter. Expenses ticked up slightly by 5.45 % quarter-on-quarter, aligning with the annual rise of 27.25 %. Operating profit, while down -5.16 % compared to last year, faced a quarter-on-quarter dip of -16.67 %, 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 -4.23 %, but a shrinkage of -3.32 % sequentially. Other income rose by 16.99 % compared to the last quarter, despite an annual growth of 108.53 %. Interest expenses surged remarkably by 26.85 % from the previous quarter, yet the year-over-year increase remains at a moderate 42.61 %. Depreciation costs climbed by 4.06 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 51.42 %. Profit before tax grew annually by 0.45 % but saw a reduction from the preceding quarter by -16.33 %.
Tax expenses as a percentage of profits decreased slightly by -0.78 % compared to last year, with a more notable quarter-on-quarter decrease of -1.08 %. Net profit rose by 1.48 % year-on-year but witnessed a -15.12 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 4.98 % but a quarterly fall of -13.93 %. In summary, Technocraft Industries (India) 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. 519.897 Cr Rs. 620.405 Cr Rs. 628.563 Cr + 1.31 % + 20.9 %
Expenses Rs. 418.01 Cr Rs. 504.45 Cr Rs. 531.93 Cr + 5.45 % + 27.25 %
Operating Profit Rs. 101.89 Cr Rs. 115.96 Cr Rs. 96.63 Cr -16.67 % -5.16 %
Net Profit Rs. 70.17 Cr Rs. 83.89 Cr Rs. 71.21 Cr -15.12 % + 1.48 %
EPS in Rs Rs. 28.73 Rs. 35.04 Rs. 30.16 -13.93 % + 4.98 %


In reviewing Technocraft Industries (India) Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 20.9 % year-on-year growth, however, there was a minor increase of 1.31 % from the previous quarter. Expenses rose by 27.25 % compared to the previous year, with a 5.45 % increase quarter-on-quarter. Operating Profit dropped by -5.16 % annually, and saw a -16.67 % decrease from the last quarter.
Net Profit showed yearly increase of 1.48 %, and experienced a -15.12 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 4.98 % annually, however dipped by -13.93 % compared to the last quarter. In essence, while Technocraft Industries (India) 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.

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