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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 140.75 % in the past year, substantial increase in net sales/revenue by 9.12 %.
- 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 291.67 %. Marginal decrease of -8.16% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Tiger Logistics (India) Limited. Notable increase of 119.87 % in net profit Year to Year, Tiger Logistics (India) Limited’s profitability increased by 14.9 % in this quarter.
- EPS over the Year and quarter: EPS increased by 120.57 % Year to Year. EPS increased by 29.49 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 42.02 Cr | Rs. 92.713 Cr | Rs. 101.164 Cr | + 9.12 % | + 140.75 % |
Expenses | Rs. 39.46 Cr | Rs. 88.04 Cr | Rs. 95.99 Cr | + 9.03 % | + 143.26 % |
Operating Profit | Rs. 2.56 Cr | Rs. 4.67 Cr | Rs. 5.17 Cr | + 10.71 % | + 101.95 % |
OPM % | 6.09 % | 5.04 % | 5.11 % | + 0.07 % | -0.98 % |
Other Income | Rs. 0.408 Cr | Rs. 1.74 Cr | Rs. 1.598 Cr | -8.16 % | + 291.67 % |
Interest | Rs. 0.03 Cr | Rs. 0.32 Cr | Rs. 0.38 Cr | + 18.75 % | + 1166.67 % |
Depreciation | Rs. 0.17 Cr | Rs. 0.27 Cr | Rs. 0.21 Cr | -22.22 % | + 23.53 % |
Profit before tax | Rs. 2.77 Cr | Rs. 5.82 Cr | Rs. 6.18 Cr | + 6.19 % | + 123.1 % |
Tax % | 24.15 % | 26.27 % | 25.19 % | -1.08 % | + 1.04 % |
Net Profit | Rs. 2.1 Cr | Rs. 4.03 Cr | Rs. 4.63 Cr | + 14.89 % | + 120.48 % |
EPS in Rs | Rs. 2.09 | Rs. 3.56 | Rs. 4.61 | + 29.49 % | + 120.57 % |
Today, we’re looking at Tiger Logistics (India) 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 140.75 %. However, it did see a marginal increase of 9.12 % from the previous quarter. Expenses ticked up slightly by 9.03 % quarter-on-quarter, aligning with the annual rise of 143.26 %. Operating profit, while up 101.95 % compared to last year, faced a quarter-on-quarter increase of 10.71 %, 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 -0.98 %, but an expansion of 0.07 % sequentially. Other income fell by -8.16 % compared to the last quarter, despite an annual growth of 291.67 %. Interest expenses surged remarkably by 18.75 % from the previous quarter, yet the year-over-year increase remains at a moderate 1166.67 %. Depreciation costs fell by -22.22 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 23.53 %. Profit before tax grew annually by 123.1 % but saw an increase from the preceding quarter by 6.19 %.
Tax expenses as a percentage of profits increased slightly by 1.04 % compared to last year, with a more notable quarter-on-quarter decrease of -1.08 %. Net profit rose by 120.48 % year-on-year but experienced a 14.89 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 120.57 % but a quarterly rise of 29.49 %. In summary, Tiger Logistics (India) 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. 42.02 Cr | Rs. 92.713 Cr | Rs. 101.164 Cr | + 9.12 % | + 140.75 % |
Expenses | Rs. 39.46 Cr | Rs. 88.04 Cr | Rs. 95.99 Cr | + 9.03 % | + 143.26 % |
Operating Profit | Rs. 2.56 Cr | Rs. 4.67 Cr | Rs. 5.17 Cr | + 10.71 % | + 101.95 % |
Net Profit | Rs. 2.1 Cr | Rs. 4.03 Cr | Rs. 4.63 Cr | + 14.89 % | + 120.48 % |
EPS in Rs | Rs. 2.09 | Rs. 3.56 | Rs. 4.61 | + 29.49 % | + 120.57 % |
In reviewing Tiger Logistics (India) Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 140.75 % year-on-year growth, however, there was a minor increase of 9.12 % from the previous quarter. Expenses rose by 143.26 % compared to the previous year, with a 9.03 % increase quarter-on-quarter. Operating Profit surged by 101.95 % annually, and saw a 10.71 % increase from the last quarter.
Net Profit showed yearly increase of 120.48 %, and experienced a 14.89 % increase from the previous quarter. Earnings Per Share (EPS) rose by 120.57 % annually, however rose by 29.49 % compared to the last quarter. In essence, while Tiger Logistics (India) 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.
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