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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.
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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