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Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company’s sales declined by -1.45 % over the year, substantial increase in net sales/revenue by 21.69 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -43.81 %, Marginal decrease of -25.6% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for TGB Banquets And Hotels Limited. Notable increase of 17.22 % in net profit Year to Year, TGB Banquets And Hotels Limited’s profitability increased by 55.15 % in this quarter.
- EPS over the Year and quarter: EPS increased by 16.67 % Year to Year. EPS increased by 40 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 8.733 Cr | Rs. 7.072 Cr | Rs. 8.606 Cr | + 21.69 % | -1.45 % |
Expenses | Rs. 7.25 Cr | Rs. 5.71 Cr | Rs. 7.01 Cr | + 22.77 % | -3.31 % |
Operating Profit | Rs. 1.48 Cr | Rs. 1.36 Cr | Rs. 1.6 Cr | + 17.65 % | + 8.11 % |
OPM % | 16.95 % | 19.23 % | 18.59 % | -0.64 % | + 1.64 % |
Other Income | Rs. 0.388 Cr | Rs. 0.293 Cr | Rs. 0.218 Cr | -25.6 % | -43.81 % |
Interest | Rs. 0.35 Cr | Rs. 0.24 Cr | Rs. 0.32 Cr | + 33.33 % | -8.57 % |
Depreciation | Rs. 1.34 Cr | Rs. 1.28 Cr | Rs. 1.28 Cr | + 0 % | -4.48 % |
Profit before tax | Rs. 0.18 Cr | Rs. 0.13 Cr | Rs. 0.22 Cr | + 69.23 % | + 22.22 % |
Tax % | 0 % | 0 % | 0 % | 0 % | 0 % |
Net Profit | Rs. 0.18 Cr | Rs. 0.14 Cr | Rs. 0.21 Cr | + 50 % | + 16.67 % |
EPS in Rs | Rs. 0.06 | Rs. 0.05 | Rs. 0.07 | + 40 % | + 16.67 % |
Today, we’re looking at TGB Banquets And Hotels Limited’s financial performance for the Q2(Sep 2024-25).Starting with the top line, the company reported a significant year-over-year sales decline of -1.45 %. However, it did see a marginal increase of 21.69 % from the previous quarter. Expenses ticked up slightly by 22.77 % quarter-on-quarter, aligning with the annual decline of -3.31 %. Operating profit, while up 8.11 % compared to last year, faced a quarter-on-quarter increase of 17.65 %, 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 1.64 %, but a shrinkage of -0.64 % sequentially. Other income fell by -25.6 % compared to the last quarter, despite an annual decline of -43.81 %. Interest expenses surged remarkably by 33.33 % from the previous quarter, yet the year-over-year decrease remains at a moderate -8.57 %. Depreciation costs climbed by 0 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -4.48 %. Profit before tax grew annually by 22.22 % but saw an increase from the preceding quarter by 69.23 %.
Net profit rose by 16.67 % year-on-year but experienced a 50 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 16.67 % but a quarterly rise of 40 %. In summary, TGB Banquets And Hotels 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. 8.733 Cr | Rs. 7.072 Cr | Rs. 8.606 Cr | + 21.69 % | -1.45 % |
Expenses | Rs. 7.25 Cr | Rs. 5.71 Cr | Rs. 7.01 Cr | + 22.77 % | -3.31 % |
Operating Profit | Rs. 1.48 Cr | Rs. 1.36 Cr | Rs. 1.6 Cr | + 17.65 % | + 8.11 % |
Net Profit | Rs. 0.18 Cr | Rs. 0.14 Cr | Rs. 0.21 Cr | + 50 % | + 16.67 % |
EPS in Rs | Rs. 0.06 | Rs. 0.05 | Rs. 0.07 | + 40 % | + 16.67 % |
In reviewing TGB Banquets And Hotels Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -1.45 % year-on-year, however, there was a minor increase of 21.69 % from the previous quarter. Expenses decreased by -3.31 % compared to the previous year, with a 22.77 % increase quarter-on-quarter. Operating Profit surged by 8.11 % annually, and saw a 17.65 % increase from the last quarter.
Net Profit showed yearly increase of 16.67 %, and experienced a 50 % increase from the previous quarter. Earnings Per Share (EPS) rose by 16.67 % annually, however rose by 40 % compared to the last quarter. In essence, while TGB Banquets And Hotels 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.
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