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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 3.97 % in the past year, decrease in net sales/revenue by -21.15 %.
- 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 484 %. Marginal increase in other income during this quarter, up by 3550%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Teesta Agro Industries Ltd. Profit dropped by -21.51 % Year to Year, Teesta Agro Industries Ltd’s profitability increased by 329.41 % in this quarter.
- EPS over the Year and quarter: EPS declined by -22.16 % Year to Year. EPS increased by 323.91 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 36.5 Cr | Rs. 48.13 Cr | Rs. 37.95 Cr | -21.15 % | + 3.97 % |
| Expenses | Rs. 31.79 Cr | Rs. 46.58 Cr | Rs. 35.15 Cr | -24.54 % | + 10.57 % |
| Operating Profit | Rs. 4.71 Cr | Rs. 1.55 Cr | Rs. 2.8 Cr | + 80.65 % | -40.55 % |
| OPM % | 12.9 % | 3.22 % | 7.38 % | + 4.16 % | -5.52 % |
| Other Income | Rs. 0.25 Cr | Rs. 0.04 Cr | Rs. 1.46 Cr | + 3550 % | + 484 % |
| Interest | Rs. 0.36 Cr | Rs. 0.32 Cr | Rs. 0.25 Cr | -21.88 % | -30.56 % |
| Depreciation | Rs. 0.68 Cr | Rs. 0.53 Cr | Rs. 0.93 Cr | + 75.47 % | + 36.76 % |
| Profit before tax | Rs. 3.92 Cr | Rs. 0.74 Cr | Rs. 3.08 Cr | + 316.22 % | -21.43 % |
| Tax % | 28.83 % | 31.08 % | 28.9 % | -2.18 % | + 0.07 % |
| Net Profit | Rs. 2.79 Cr | Rs. 0.51 Cr | Rs. 2.19 Cr | + 329.41 % | -21.51 % |
| EPS in Rs | Rs. 5.01 | Rs. 0.92 | Rs. 3.9 | + 323.91 % | -22.16 % |
Today, we’re looking at Teesta Agro Industries Ltd’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 3.97 %. However, it did see a marginal slip of -21.15 % from the previous quarter. Expenses decreased slightly by -24.54 % quarter-on-quarter, aligning with the annual rise of 10.57 %. Operating profit, while down -40.55 % compared to last year, faced a quarter-on-quarter increase of 80.65 %, 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 -5.52 %, but an expansion of 4.16 % sequentially. Other income rose by 3550 % compared to the last quarter, despite an annual growth of 484 %. Interest expenses dropped significantly by -21.88 % from the previous quarter, yet the year-over-year decrease remains at a moderate -30.56 %. Depreciation costs climbed by 75.47 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 36.76 %. Profit before tax declined annually by -21.43 % but saw an increase from the preceding quarter by 316.22 %.
Tax expenses as a percentage of profits increased slightly by 0.07 % compared to last year, with a more notable quarter-on-quarter decrease of -2.18 %. Net profit fell by -21.51 % year-on-year but experienced a 329.41 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -22.16 % but a quarterly rise of 323.91 %. In summary, Teesta Agro Industries Ltd’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. 36.5 Cr | Rs. 48.13 Cr | Rs. 37.95 Cr | -21.15 % | + 3.97 % |
| Expenses | Rs. 31.79 Cr | Rs. 46.58 Cr | Rs. 35.15 Cr | -24.54 % | + 10.57 % |
| Operating Profit | Rs. 4.71 Cr | Rs. 1.55 Cr | Rs. 2.8 Cr | + 80.65 % | -40.55 % |
| Net Profit | Rs. 2.79 Cr | Rs. 0.51 Cr | Rs. 2.19 Cr | + 329.41 % | -21.51 % |
| EPS in Rs | Rs. 5.01 | Rs. 0.92 | Rs. 3.9 | + 323.91 % | -22.16 % |
In reviewing Teesta Agro Industries Ltd’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 3.97 % year-on-year growth, although there was a slight dip of -21.15 % from the previous quarter. Expenses rose by 10.57 % compared to the previous year, with a decrease of -24.54 % quarter-on-quarter. Operating Profit dropped by -40.55 % annually, and saw a 80.65 % increase from the last quarter.
Net Profit showed yearly decrease of -21.51 %, and experienced a 329.41 % increase from the previous quarter. Earnings Per Share (EPS) fell by -22.16 % annually, however rose by 323.91 % compared to the last quarter. In essence, while Teesta Agro Industries Ltd faces strong annual decline 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.
