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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 37.03 % in the past year, substantial increase in net sales/revenue by 27.68 %.
- 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 103.62 %. Marginal increase in other income during this quarter, up by 69.53%.
- Profit over the Year and quarter: Significant improvement in profitability for Texmaco Rail & Engineering Limited. Notable increase of 147.63 % in net profit Year to Year, Texmaco Rail & Engineering Limited’s profitability increased by 48.71 % in this quarter.
- EPS over the Year and quarter: EPS increased by 131.58 % Year to Year. EPS increased by 43.48 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 835.274 Cr | Rs. 896.437 Cr | Rs. 1144.565 Cr | + 27.68 % | + 37.03 % |
Expenses | Rs. 780 Cr | Rs. 813.95 Cr | Rs. 1060.93 Cr | + 30.34 % | + 36.02 % |
Operating Profit | Rs. 55.27 Cr | Rs. 82.49 Cr | Rs. 83.64 Cr | + 1.39 % | + 51.33 % |
OPM % | 6.62 % | 9.2 % | 7.31 % | -1.89 % | + 0.69 % |
Other Income | Rs. 11.34 Cr | Rs. 13.62 Cr | Rs. 23.09 Cr | + 69.53 % | + 103.62 % |
Interest | Rs. 31.45 Cr | Rs. 33.84 Cr | Rs. 27.68 Cr | -18.2 % | -11.99 % |
Depreciation | Rs. 8.89 Cr | Rs. 8.94 Cr | Rs. 8.76 Cr | -2.01 % | -1.46 % |
Profit before tax | Rs. 26.27 Cr | Rs. 53.33 Cr | Rs. 70.29 Cr | + 31.8 % | + 167.57 % |
Tax % | 34.85 % | 47.05 % | 37.51 % | -9.54 % | + 2.66 % |
Net Profit | Rs. 18.28 Cr | Rs. 30.44 Cr | Rs. 45.26 Cr | + 48.69 % | + 147.59 % |
EPS in Rs | Rs. 0.57 | Rs. 0.92 | Rs. 1.32 | + 43.48 % | + 131.58 % |
Today, we’re looking at Texmaco Rail & Engineering 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 37.03 %. However, it did see a marginal increase of 27.68 % from the previous quarter. Expenses ticked up slightly by 30.34 % quarter-on-quarter, aligning with the annual rise of 36.02 %. Operating profit, while up 51.33 % compared to last year, faced a quarter-on-quarter increase of 1.39 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 0.69 %, but a shrinkage of -1.89 % sequentially. Other income rose by 69.53 % compared to the last quarter, despite an annual growth of 103.62 %. Interest expenses dropped significantly by -18.2 % from the previous quarter, yet the year-over-year decrease remains at a moderate -11.99 %. Depreciation costs fell by -2.01 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -1.46 %. Profit before tax grew annually by 167.57 % but saw an increase from the preceding quarter by 31.8 %.
Tax expenses as a percentage of profits increased slightly by 2.66 % compared to last year, with a more notable quarter-on-quarter decrease of -9.54 %. Net profit rose by 147.59 % year-on-year but experienced a 48.69 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 131.58 % but a quarterly rise of 43.48 %. 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. 835.274 Cr | Rs. 896.437 Cr | Rs. 1144.565 Cr | + 27.68 % | + 37.03 % |
Expenses | Rs. 780 Cr | Rs. 813.95 Cr | Rs. 1060.93 Cr | + 30.34 % | + 36.02 % |
Operating Profit | Rs. 55.27 Cr | Rs. 82.49 Cr | Rs. 83.64 Cr | + 1.39 % | + 51.33 % |
Net Profit | Rs. 18.28 Cr | Rs. 30.44 Cr | Rs. 45.26 Cr | + 48.69 % | + 147.59 % |
EPS in Rs | Rs. 0.57 | Rs. 0.92 | Rs. 1.32 | + 43.48 % | + 131.58 % |
In reviewing Texmaco Rail & Engineering Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 37.03 % year-on-year growth, however, there was a minor increase of 27.68 % from the previous quarter. Expenses rose by 36.02 % compared to the previous year, with a 30.34 % increase quarter-on-quarter. Operating Profit surged by 51.33 % annually, and saw a 1.39 % increase from the last quarter.
Net Profit showed yearly increase of 147.59 %, and experienced a 48.69 % increase from the previous quarter. Earnings Per Share (EPS) rose by 131.58 % annually, however rose by 43.48 % compared to the last quarter. In essence, while Texmaco Rail & Engineering 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.