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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 51.9 % in the past year, substantial increase in net sales/revenue by 78.47 %.
- 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 7.3 %. Marginal increase in other income during this quarter, up by 34.86%.
- Profit over the Year and quarter: Significant improvement in profitability for Tiger Logistics (India) Limited. Notable increase of 82.25 % in net profit Year to Year, Tiger Logistics (India) Limited’s profitability increased by 9.28 % in this quarter.
- EPS over the Year and quarter: EPS increased by 22.34 % Year to Year. EPS increased by 0.56 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 61.035 Cr | Rs. 51.95 Cr | Rs. 92.713 Cr | + 78.47 % | + 51.9 % |
Expenses | Rs. 58.46 Cr | Rs. 47.97 Cr | Rs. 88.04 Cr | + 83.53 % | + 50.6 % |
Operating Profit | Rs. 2.58 Cr | Rs. 3.98 Cr | Rs. 4.67 Cr | + 17.34 % | + 81.01 % |
OPM % | 4.23 % | 7.66 % | 5.04 % | -2.62 % | + 0.81 % |
Other Income | Rs. 1.37 Cr | Rs. 1.09 Cr | Rs. 1.47 Cr | + 34.86 % | + 7.3 % |
Interest | Rs. 0.04 Cr | Rs. 0.04 Cr | Rs. 0.32 Cr | + 700 % | + 700 % |
Depreciation | Rs. 0.2 Cr | Rs. 0.17 Cr | Rs. 0.27 Cr | + 58.82 % | + 35 % |
Profit before tax | Rs. 3.71 Cr | Rs. 4.86 Cr | Rs. 5.55 Cr | + 14.2 % | + 49.6 % |
Tax % | 40.19 % | 24.2 % | 26.27 % | + 2.07 % | -13.92 % |
Net Profit | Rs. 2.21 Cr | Rs. 3.68 Cr | Rs. 4.03 Cr | + 9.51 % | + 82.35 % |
EPS in Rs | Rs. 2.91 | Rs. 3.54 | Rs. 3.56 | + 0.56 % | + 22.34 % |
Today, we’re looking at Tiger Logistics (India) 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 51.9 %. However, it did see a marginal increase of 78.47 % from the previous quarter. Expenses ticked up slightly by 83.53 % quarter-on-quarter, aligning with the annual rise of 50.6 %. Operating profit, while up 81.01 % compared to last year, faced a quarter-on-quarter increase of 17.34 %, 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 0.81 %, but a shrinkage of -2.62 % sequentially. Other income rose by 34.86 % compared to the last quarter, despite an annual growth of 7.3 %. Interest expenses surged remarkably by 700 % from the previous quarter, yet the year-over-year increase remains at a moderate 700 %. Depreciation costs climbed by 58.82 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 35 %. Profit before tax grew annually by 49.6 % but saw an increase from the preceding quarter by 14.2 %.
Tax expenses as a percentage of profits decreased slightly by -13.92 % compared to last year, with a more notable quarter-on-quarter increase of 2.07 %. Net profit rose by 82.35 % year-on-year but experienced a 9.51 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 22.34 % but a quarterly rise of 0.56 %. 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. 61.035 Cr | Rs. 51.95 Cr | Rs. 92.713 Cr | + 78.47 % | + 51.9 % |
Expenses | Rs. 58.46 Cr | Rs. 47.97 Cr | Rs. 88.04 Cr | + 83.53 % | + 50.6 % |
Operating Profit | Rs. 2.58 Cr | Rs. 3.98 Cr | Rs. 4.67 Cr | + 17.34 % | + 81.01 % |
Net Profit | Rs. 2.21 Cr | Rs. 3.68 Cr | Rs. 4.03 Cr | + 9.51 % | + 82.35 % |
EPS in Rs | Rs. 2.91 | Rs. 3.54 | Rs. 3.56 | + 0.56 % | + 22.34 % |
In reviewing Tiger Logistics (India) Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 51.9 % year-on-year growth, however, there was a minor increase of 78.47 % from the previous quarter. Expenses rose by 50.6 % compared to the previous year, with a 83.53 % increase quarter-on-quarter. Operating Profit surged by 81.01 % annually, and saw a 17.34 % increase from the last quarter.
Net Profit showed yearly increase of 82.35 %, and experienced a 9.51 % increase from the previous quarter. Earnings Per Share (EPS) rose by 22.34 % annually, however rose by 0.56 % 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.