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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 experienced a substantial growth of 2651.92 % in the past year, substantial increase in net sales/revenue by 185.63 %.
- 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 13.33 %. Marginal decrease of -72.98% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for THAKKERS GROUP LIMITED. Notable increase of 55.19 % in net profit Year to Year, THAKKERS GROUP LIMITED’s profitability dropped by -22.17 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 55.13 % Year to Year. EPS decreased by -22.19 % 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. 0.104 Cr | Rs. 1.002 Cr | Rs. 2.862 Cr | + 185.63 % | + 2651.92 % |
| Expenses | Rs. 0.31 Cr | Rs. 1.36 Cr | Rs. 0.54 Cr | -60.29 % | + 74.19 % |
| Operating Profit | Rs. -0.21 Cr | Rs. -0.36 Cr | Rs. 2.32 Cr | + 744.44 % | + 1204.76 % |
| OPM % | -201.92 % | -35.93 % | 81.06 % | + 116.99 % | + 282.98 % |
| Other Income | Rs. 1.245 Cr | Rs. 5.223 Cr | Rs. 1.411 Cr | -72.98 % | + 13.33 % |
| Interest | Rs. 0.03 Cr | Rs. 1.25 Cr | Rs. 1.68 Cr | + 34.4 % | + 5500 % |
| Depreciation | Rs. 0 Cr | Rs. 0.48 Cr | Rs. 0.5 Cr | + 4.17 % | 0 % |
| Profit before tax | Rs. 1.01 Cr | Rs. 3.13 Cr | Rs. 1.55 Cr | -50.48 % | + 53.47 % |
| Tax % | 0 % | 36.21 % | 0 % | -36.21 % | 0 % |
| Net Profit | Rs. 1 Cr | Rs. 2 Cr | Rs. 1.56 Cr | -22 % | + 56 % |
| EPS in Rs | Rs. 6.33 | Rs. 12.62 | Rs. 9.82 | -22.19 % | + 55.13 % |
Today, we’re looking at THAKKERS GROUP 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 2651.92 %. However, it did see a marginal increase of 185.63 % from the previous quarter. Expenses decreased slightly by -60.29 % quarter-on-quarter, aligning with the annual rise of 74.19 %. Operating profit, while up 1204.76 % compared to last year, faced a quarter-on-quarter increase of 744.44 %, 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 282.98 %, but an expansion of 116.99 % sequentially. Other income fell by -72.98 % compared to the last quarter, despite an annual growth of 13.33 %. Interest expenses surged remarkably by 34.4 % from the previous quarter, yet the year-over-year increase remains at a moderate 5500 %. Depreciation costs climbed by 4.17 % quarter-on-quarter, Profit before tax grew annually by 53.47 % but saw a reduction from the preceding quarter by -50.48 %.
with a more notable quarter-on-quarter decrease of -36.21 %. Net profit rose by 56 % year-on-year but witnessed a -22 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 55.13 % but a quarterly fall of -22.19 %. In summary, THAKKERS GROUP 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. 0.104 Cr | Rs. 1.002 Cr | Rs. 2.862 Cr | + 185.63 % | + 2651.92 % |
| Expenses | Rs. 0.31 Cr | Rs. 1.36 Cr | Rs. 0.54 Cr | -60.29 % | + 74.19 % |
| Operating Profit | Rs. -0.21 Cr | Rs. -0.36 Cr | Rs. 2.32 Cr | + 744.44 % | + 1204.76 % |
| Net Profit | Rs. 1 Cr | Rs. 2 Cr | Rs. 1.56 Cr | -22 % | + 56 % |
| EPS in Rs | Rs. 6.33 | Rs. 12.62 | Rs. 9.82 | -22.19 % | + 55.13 % |
In reviewing THAKKERS GROUP LIMITED’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 2651.92 % year-on-year growth, however, there was a minor increase of 185.63 % from the previous quarter. Expenses rose by 74.19 % compared to the previous year, with a decrease of -60.29 % quarter-on-quarter. Operating Profit surged by 1204.76 % annually, and saw a 744.44 % increase from the last quarter.
Net Profit showed yearly increase of 56 %, and experienced a -22 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 55.13 % annually, however dipped by -22.19 % compared to the last quarter. In essence, while THAKKERS GROUP 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.
