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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 5.87 % in the past year, substantial increase in net sales/revenue by 5.87 %.
- 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 8.2 %. Marginal decrease of -3.91% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Thacker & Co. Ltd.,. Notable increase of 108.48 % in net profit Year to Year, Thacker & Co. Ltd.,’s profitability dropped by -14.43 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 108.38 % Year to Year. EPS decreased by -14.42 % 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. 0.511 Cr | Rs. 0.511 Cr | Rs. 0.541 Cr | + 5.87 % | + 5.87 % |
Expenses | Rs. 0.13 Cr | Rs. 0.17 Cr | Rs. 0.16 Cr | -5.88 % | + 23.08 % |
Operating Profit | Rs. 0.38 Cr | Rs. 0.34 Cr | Rs. 0.38 Cr | + 11.76 % | + 0 % |
OPM % | 74.36 % | 66.54 % | 70.24 % | + 3.7 % | -4.12 % |
Other Income | Rs. 0.5 Cr | Rs. 0.563 Cr | Rs. 0.541 Cr | -3.91 % | + 8.2 % |
Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 0.01 Cr | 0 % | 0 % |
Depreciation | Rs. 0.36 Cr | Rs. 0.36 Cr | Rs. 0.33 Cr | -8.33 % | -8.33 % |
Profit before tax | Rs. 0.52 Cr | Rs. 0.54 Cr | Rs. 0.58 Cr | + 7.41 % | + 11.54 % |
Tax % | 16.73 % | 138.35 % | 18.85 % | -119.5 % | + 2.12 % |
Net Profit | Rs. 2.48 Cr | Rs. 6.04 Cr | Rs. 5.16 Cr | -14.57 % | + 108.06 % |
EPS in Rs | Rs. 22.78 | Rs. 55.47 | Rs. 47.47 | -14.42 % | + 108.38 % |
Today, we’re looking at Thacker & Co. Ltd.,’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 5.87 %. However, it did see a marginal increase of 5.87 % from the previous quarter. Expenses decreased slightly by -5.88 % quarter-on-quarter, aligning with the annual rise of 23.08 %. Operating profit, while up 0 % compared to last year, faced a quarter-on-quarter increase of 11.76 %, 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 -4.12 %, but an expansion of 3.7 % sequentially. Other income fell by -3.91 % compared to the last quarter, despite an annual growth of 8.2 %. Depreciation costs fell by -8.33 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -8.33 %. Profit before tax grew annually by 11.54 % but saw an increase from the preceding quarter by 7.41 %.
Tax expenses as a percentage of profits increased slightly by 2.12 % compared to last year, with a more notable quarter-on-quarter decrease of -119.5 %. Net profit rose by 108.06 % year-on-year but witnessed a -14.57 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 108.38 % but a quarterly fall of -14.42 %. In summary, Thacker & Co. 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. 0.511 Cr | Rs. 0.511 Cr | Rs. 0.541 Cr | + 5.87 % | + 5.87 % |
Expenses | Rs. 0.13 Cr | Rs. 0.17 Cr | Rs. 0.16 Cr | -5.88 % | + 23.08 % |
Operating Profit | Rs. 0.38 Cr | Rs. 0.34 Cr | Rs. 0.38 Cr | + 11.76 % | + 0 % |
Net Profit | Rs. 2.48 Cr | Rs. 6.04 Cr | Rs. 5.16 Cr | -14.57 % | + 108.06 % |
EPS in Rs | Rs. 22.78 | Rs. 55.47 | Rs. 47.47 | -14.42 % | + 108.38 % |
In reviewing Thacker & Co. Ltd.,’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 5.87 % year-on-year growth, however, there was a minor increase of 5.87 % from the previous quarter. Expenses rose by 23.08 % compared to the previous year, with a decrease of -5.88 % quarter-on-quarter. Operating Profit surged by 0 % annually, and saw a 11.76 % increase from the last quarter.
Net Profit showed yearly increase of 108.06 %, and experienced a -14.57 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 108.38 % annually, however dipped by -14.42 % compared to the last quarter. In essence, while Thacker & Co. Ltd., 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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