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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 27.26 % in the past year, substantial increase in net sales/revenue by 25.74 %.
- 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 46.86 %. Marginal decrease of -12.82% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Themis Medicare Ltd.. Notable increase of 35.68 % in net profit Year to Year, Themis Medicare Ltd.’s profitability increased by 271.59 % in this quarter.
- EPS over the Year and quarter: EPS declined by -86.44 % Year to Year. EPS increased by 272.22 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 96.648 Cr | Rs. 97.818 Cr | Rs. 122.994 Cr | + 25.74 % | + 27.26 % |
Expenses | Rs. 74.91 Cr | Rs. 88.52 Cr | Rs. 93.82 Cr | + 5.99 % | + 25.24 % |
Operating Profit | Rs. 21.74 Cr | Rs. 9.3 Cr | Rs. 29.17 Cr | + 213.66 % | + 34.18 % |
OPM % | 22.49 % | 9.51 % | 23.72 % | + 14.21 % | + 1.23 % |
Other Income | Rs. 0.653 Cr | Rs. 1.1 Cr | Rs. 0.959 Cr | -12.82 % | + 46.86 % |
Interest | Rs. 2.49 Cr | Rs. 2.16 Cr | Rs. 2.36 Cr | + 9.26 % | -5.22 % |
Depreciation | Rs. 3.03 Cr | Rs. 3.06 Cr | Rs. 2.41 Cr | -21.24 % | -20.46 % |
Profit before tax | Rs. 16.87 Cr | Rs. 5.18 Cr | Rs. 25.36 Cr | + 389.58 % | + 50.33 % |
Tax % | 25.62 % | 40.67 % | 26.26 % | -14.41 % | + 0.64 % |
Net Profit | Rs. 18.19 Cr | Rs. 6.64 Cr | Rs. 24.69 Cr | + 271.84 % | + 35.73 % |
EPS in Rs | Rs. 19.73 | Rs. 0.72 | Rs. 2.68 | + 272.22 % | -86.42 % |
Today, we’re looking at Themis Medicare 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 27.26 %. However, it did see a marginal increase of 25.74 % from the previous quarter. Expenses ticked up slightly by 5.99 % quarter-on-quarter, aligning with the annual rise of 25.24 %. Operating profit, while up 34.18 % compared to last year, faced a quarter-on-quarter increase of 213.66 %, 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 1.23 %, but an expansion of 14.21 % sequentially. Other income fell by -12.82 % compared to the last quarter, despite an annual growth of 46.86 %. Interest expenses surged remarkably by 9.26 % from the previous quarter, yet the year-over-year decrease remains at a moderate -5.22 %. Depreciation costs fell by -21.24 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -20.46 %. Profit before tax grew annually by 50.33 % but saw an increase from the preceding quarter by 389.58 %.
Tax expenses as a percentage of profits increased slightly by 0.64 % compared to last year, with a more notable quarter-on-quarter decrease of -14.41 %. Net profit rose by 35.73 % year-on-year but experienced a 271.84 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -86.42 % but a quarterly rise of 272.22 %. In summary, Themis Medicare 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. 96.648 Cr | Rs. 97.818 Cr | Rs. 122.994 Cr | + 25.74 % | + 27.26 % |
Expenses | Rs. 74.91 Cr | Rs. 88.52 Cr | Rs. 93.82 Cr | + 5.99 % | + 25.24 % |
Operating Profit | Rs. 21.74 Cr | Rs. 9.3 Cr | Rs. 29.17 Cr | + 213.66 % | + 34.18 % |
Net Profit | Rs. 18.19 Cr | Rs. 6.64 Cr | Rs. 24.69 Cr | + 271.84 % | + 35.73 % |
EPS in Rs | Rs. 19.73 | Rs. 0.72 | Rs. 2.68 | + 272.22 % | -86.42 % |
In reviewing Themis Medicare Ltd.’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 27.26 % year-on-year growth, however, there was a minor increase of 25.74 % from the previous quarter. Expenses rose by 25.24 % compared to the previous year, with a 5.99 % increase quarter-on-quarter. Operating Profit surged by 34.18 % annually, and saw a 213.66 % increase from the last quarter.
Net Profit showed yearly increase of 35.73 %, and experienced a 271.84 % increase from the previous quarter. Earnings Per Share (EPS) fell by -86.42 % annually, however rose by 272.22 % compared to the last quarter. In essence, while Themis Medicare 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.