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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 -95.19 % over the year, decrease in net sales/revenue by -91.82 %.
- 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 4.08 %. Marginal decrease of -6.42% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for THAKRAL SERVICES (INDIA) LTD.. Profit dropped by -96.76 % Year to Year, THAKRAL SERVICES (INDIA) LTD.’s profitability dropped by -72.21 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -96.64 % Year to Year. EPS decreased by -70.97 % 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. 5.529 Cr | Rs. 3.253 Cr | Rs. 0.266 Cr | -91.82 % | -95.19 % |
| Expenses | Rs. 8.55 Cr | Rs. 3.72 Cr | Rs. 0.47 Cr | -87.37 % | -94.5 % |
| Operating Profit | Rs. -3.02 Cr | Rs. -0.47 Cr | Rs. -0.2 Cr | + 57.45 % | + 93.38 % |
| OPM % | -54.62 % | -14.45 % | -75.19 % | -60.74 % | -20.57 % |
| Other Income | Rs. 0.098 Cr | Rs. 0.109 Cr | Rs. 0.102 Cr | -6.42 % | + 4.08 % |
| Interest | Rs. 0.04 Cr | Rs. 0.01 Cr | Rs. 0 Cr | 0 % | 0 % |
| Depreciation | Rs. 0.18 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
| Profit before tax | Rs. -3.14 Cr | Rs. -0.37 Cr | Rs. -0.1 Cr | + 72.97 % | + 96.82 % |
| Tax % | -0 % | -0 % | -0 % | 0 % | 0 % |
| Net Profit | Rs. -3.15 Cr | Rs. -0.37 Cr | Rs. -0.1 Cr | + 72.97 % | + 96.83 % |
| EPS in Rs | Rs. -2.68 | Rs. -0.31 | Rs. -0.09 | + 70.97 % | + 96.64 % |
Today, we’re looking at THAKRAL SERVICES (INDIA) LTD.’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -95.19 %. However, it did see a marginal slip of -91.82 % from the previous quarter. Expenses decreased slightly by -87.37 % quarter-on-quarter, aligning with the annual decline of -94.5 %. Operating profit, while up 93.38 % compared to last year, faced a quarter-on-quarter increase of 57.45 %, 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 -20.57 %, but a shrinkage of -60.74 % sequentially. Other income fell by -6.42 % compared to the last quarter, despite an annual growth of 4.08 %. Profit before tax grew annually by 96.82 % but saw an increase from the preceding quarter by 72.97 %.
Net profit rose by 96.83 % year-on-year but experienced a 72.97 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 96.64 % but a quarterly rise of 70.97 %. In summary, THAKRAL SERVICES (INDIA) 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. 5.529 Cr | Rs. 3.253 Cr | Rs. 0.266 Cr | -91.82 % | -95.19 % |
| Expenses | Rs. 8.55 Cr | Rs. 3.72 Cr | Rs. 0.47 Cr | -87.37 % | -94.5 % |
| Operating Profit | Rs. -3.02 Cr | Rs. -0.47 Cr | Rs. -0.2 Cr | + 57.45 % | + 93.38 % |
| Net Profit | Rs. -3.15 Cr | Rs. -0.37 Cr | Rs. -0.1 Cr | + 72.97 % | + 96.83 % |
| EPS in Rs | Rs. -2.68 | Rs. -0.31 | Rs. -0.09 | + 70.97 % | + 96.64 % |
In reviewing THAKRAL SERVICES (INDIA) LTD.’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -95.19 % year-on-year, although there was a slight dip of -91.82 % from the previous quarter. Expenses decreased by -94.5 % compared to the previous year, with a decrease of -87.37 % quarter-on-quarter. Operating Profit surged by 93.38 % annually, and saw a 57.45 % increase from the last quarter.
Net Profit showed yearly increase of 96.83 %, and experienced a 72.97 % increase from the previous quarter. Earnings Per Share (EPS) rose by 96.64 % annually, however rose by 70.97 % compared to the last quarter. In essence, while THAKRAL SERVICES (INDIA) 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.
