Thangamayil Jewellery : Q4 2024 Financial Quarterly Report : YoY Sales Up 27.47 %, QoQ Up 9.67 %

The comprehensive analytics outlining the performance and outlook of Thangamayil Jewellery Limited”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.

Today, we’re looking at Thangamayil Jewellery Limited’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 27.47 %. However, it did see a marginal increase of 9.67 % from the previous quarter. Expenses ticked up slightly by 10.41 % quarter-on-quarter, aligning with the annual rise of 30.87 %. Operating profit, while down -15.11 % compared to last year, faced a quarter-on-quarter dip of -2.87 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -2.47 %, but a shrinkage of -0.64 % sequentially. Other income rose by 24.41 % compared to the last quarter, despite an annual decline of -12.71 %. Interest expenses dropped significantly by -6.72 % from the previous quarter, yet the year-over-year decrease remains at a moderate -18.54 %. Depreciation costs climbed by 29.78 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -13.41 %. Profit before tax declined annually by -14.39 % but saw a reduction from the preceding quarter by -4.5 %.
Tax expenses as a percentage of profits decreased slightly by -4.64 % compared to last year, with a more notable quarter-on-quarter decrease of -4.15 %. Net profit fell by -8.99 % year-on-year but experienced a 0.86 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -54.49 % but a quarterly rise of 0.78 %. In summary, Thangamayil Jewellery Limited’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

In reviewing Thangamayil Jewellery Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 27.47 % year-on-year growth, however, there was a minor increase of 9.67 % from the previous quarter. Expenses rose by 30.87 % compared to the previous year, with a 10.41 % increase quarter-on-quarter. Operating Profit dropped by -15.11 % annually, and saw a -2.87 % decrease from the last quarter.
Net Profit showed yearly decrease of -8.99 %, and experienced a 0.86 % increase from the previous quarter. Earnings Per Share (EPS) fell by -54.49 % annually, however rose by 0.78 % compared to the last quarter. In essence, while Thangamayil Jewellery Limited faces strong annual decline 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.