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Thakker’s Developers announces Q2 results: Profit Rises by 5660% YoY

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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 59.02 % in the past year, substantial increase in net sales/revenue by 248.5 %.
  • 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 444.16 %. Marginal increase in other income during this quarter, up by 29.63%.
  • Profit over the Year and quarter: Significant improvement in profitability for Thakker’s Developers Ltd.. Notable increase of 5541.18 % in net profit Year to Year, Thakker’s Developers Ltd.’s profitability dropped by -963.96 % Quarter to Quarter.
  • EPS over the Year and quarter: EPS increased by 5,233.33 % Year to Year. EPS decreased by -964.86 % in previous quarter. Analysis needed for shareholder value.

The comprehensive analytics outlining the performance and outlook of Thakker’s Developers Ltd.‘s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 8.97 Cr Rs. 4.093 Cr Rs. 14.264 Cr + 248.5 % + 59.02 %
Expenses Rs. 8.32 Cr Rs. 4.33 Cr Rs. 11.58 Cr + 167.44 % + 39.18 %
Operating Profit Rs. 0.65 Cr Rs. -0.24 Cr Rs. 2.68 Cr + 1216.67 % + 312.31 %
OPM % 7.25 % -5.86 % 18.79 % + 24.65 % + 11.54 %
Other Income Rs. 0.197 Cr Rs. 0.827 Cr Rs. 1.072 Cr + 29.63 % + 444.16 %
Interest Rs. 0.22 Cr Rs. 0.49 Cr Rs. 0.44 Cr -10.2 % + 100 %
Depreciation Rs. 0.58 Cr Rs. 0.43 Cr Rs. 0.44 Cr + 2.33 % -24.14 %
Profit before tax Rs. 0.05 Cr Rs. -0.33 Cr Rs. 2.87 Cr + 969.7 % + 5640 %
Tax % 0 % -0.6 % 0 % + 0.6 % 0 %
Net Profit Rs. 0.05 Cr Rs. -0.33 Cr Rs. 2.88 Cr + 972.73 % + 5660 %
EPS in Rs Rs. 0.06 Rs. -0.37 Rs. 3.2 + 964.86 % + 5233.33 %


Today, we’re looking at Thakker’s Developers Ltd.’s financial performance for the Q2(Sep 2024-25).Starting with the top line, the company reported a robust year-over-year sales growth of 59.02 %. However, it did see a marginal increase of 248.5 % from the previous quarter. Expenses ticked up slightly by 167.44 % quarter-on-quarter, aligning with the annual rise of 39.18 %. Operating profit, while up 312.31 % compared to last year, faced a quarter-on-quarter increase of 1216.67 %, 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 11.54 %, but an expansion of 24.65 % sequentially. Other income rose by 29.63 % compared to the last quarter, despite an annual growth of 444.16 %. Interest expenses dropped significantly by -10.2 % from the previous quarter, yet the year-over-year increase remains at a moderate 100 %. Depreciation costs climbed by 2.33 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -24.14 %. Profit before tax grew annually by 5640 % but saw an increase from the preceding quarter by 969.7 %.
with a more notable quarter-on-quarter increase of 0.6 %. Net profit rose by 5660 % year-on-year but experienced a 972.73 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 5233.33 % but a quarterly rise of 964.86 %. In summary, Thakker’s Developers 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. 8.97 Cr Rs. 4.093 Cr Rs. 14.264 Cr + 248.5 % + 59.02 %
Expenses Rs. 8.32 Cr Rs. 4.33 Cr Rs. 11.58 Cr + 167.44 % + 39.18 %
Operating Profit Rs. 0.65 Cr Rs. -0.24 Cr Rs. 2.68 Cr + 1216.67 % + 312.31 %
Net Profit Rs. 0.05 Cr Rs. -0.33 Cr Rs. 2.88 Cr + 972.73 % + 5660 %
EPS in Rs Rs. 0.06 Rs. -0.37 Rs. 3.2 + 964.86 % + 5233.33 %


In reviewing Thakker’s Developers Ltd.’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 59.02 % year-on-year growth, however, there was a minor increase of 248.5 % from the previous quarter. Expenses rose by 39.18 % compared to the previous year, with a 167.44 % increase quarter-on-quarter. Operating Profit surged by 312.31 % annually, and saw a 1216.67 % increase from the last quarter.
Net Profit showed yearly increase of 5660 %, and experienced a 972.73 % increase from the previous quarter. Earnings Per Share (EPS) rose by 5233.33 % annually, however rose by 964.86 % compared to the last quarter. In essence, while Thakker’s Developers 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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