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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 35.76 % in the past year, decrease in net sales/revenue by -22.09 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -56.1 %, Marginal decrease of -19.63% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Texmaco Rail & Engineering Limited. Notable increase of 181.57 % in net profit Year to Year, Texmaco Rail & Engineering Limited’s profitability dropped by -21.05 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 127.50 % Year to Year. EPS decreased by -31.06 % 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. 656.822 Cr | Rs. 1144.565 Cr | Rs. 891.712 Cr | -22.09 % | + 35.76 % |
Expenses | Rs. 635.67 Cr | Rs. 1060.93 Cr | Rs. 821.27 Cr | -22.59 % | + 29.2 % |
Operating Profit | Rs. 21.15 Cr | Rs. 83.64 Cr | Rs. 70.44 Cr | -15.78 % | + 233.05 % |
OPM % | 3.22 % | 7.31 % | 7.9 % | + 0.59 % | + 4.68 % |
Other Income | Rs. 35.734 Cr | Rs. 19.519 Cr | Rs. 15.688 Cr | -19.63 % | -56.1 % |
Interest | Rs. 34.53 Cr | Rs. 27.68 Cr | Rs. 24.02 Cr | -13.22 % | -30.44 % |
Depreciation | Rs. 11.72 Cr | Rs. 8.76 Cr | Rs. 8.48 Cr | -3.2 % | -27.65 % |
Profit before tax | Rs. 10.63 Cr | Rs. 66.72 Cr | Rs. 53.63 Cr | -19.62 % | + 404.52 % |
Tax % | 19.75 % | 37.51 % | 45.44 % | + 7.93 % | + 25.69 % |
Net Profit | Rs. 12.69 Cr | Rs. 45.26 Cr | Rs. 35.73 Cr | -21.06 % | + 181.56 % |
EPS in Rs | Rs. 0.4 | Rs. 1.32 | Rs. 0.91 | -31.06 % | + 127.5 % |
Today, we’re looking at Texmaco Rail & Engineering Limited’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 35.76 %. However, it did see a marginal slip of -22.09 % from the previous quarter. Expenses decreased slightly by -22.59 % quarter-on-quarter, aligning with the annual rise of 29.2 %. Operating profit, while up 233.05 % compared to last year, faced a quarter-on-quarter dip of -15.78 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 4.68 %, but an expansion of 0.59 % sequentially. Other income fell by -19.63 % compared to the last quarter, despite an annual decline of -56.1 %. Interest expenses dropped significantly by -13.22 % from the previous quarter, yet the year-over-year decrease remains at a moderate -30.44 %. Depreciation costs fell by -3.2 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -27.65 %. Profit before tax grew annually by 404.52 % but saw a reduction from the preceding quarter by -19.62 %.
Tax expenses as a percentage of profits increased slightly by 25.69 % compared to last year, with a more notable quarter-on-quarter increase of 7.93 %. Net profit rose by 181.56 % year-on-year but witnessed a -21.06 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 127.5 % but a quarterly fall of -31.06 %. In summary, Texmaco Rail & Engineering 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. 656.822 Cr | Rs. 1144.565 Cr | Rs. 891.712 Cr | -22.09 % | + 35.76 % |
Expenses | Rs. 635.67 Cr | Rs. 1060.93 Cr | Rs. 821.27 Cr | -22.59 % | + 29.2 % |
Operating Profit | Rs. 21.15 Cr | Rs. 83.64 Cr | Rs. 70.44 Cr | -15.78 % | + 233.05 % |
Net Profit | Rs. 12.69 Cr | Rs. 45.26 Cr | Rs. 35.73 Cr | -21.06 % | + 181.56 % |
EPS in Rs | Rs. 0.4 | Rs. 1.32 | Rs. 0.91 | -31.06 % | + 127.5 % |
In reviewing Texmaco Rail & Engineering Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 35.76 % year-on-year growth, although there was a slight dip of -22.09 % from the previous quarter. Expenses rose by 29.2 % compared to the previous year, with a decrease of -22.59 % quarter-on-quarter. Operating Profit surged by 233.05 % annually, and saw a -15.78 % decrease from the last quarter.
Net Profit showed yearly increase of 181.56 %, and experienced a -21.06 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 127.5 % annually, however dipped by -31.06 % compared to the last quarter. In essence, while Texmaco Rail & Engineering 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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