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Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- 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 605.26 %. Marginal increase in other income during this quarter, up by 67.5%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Tijaria Polypipes Limited. Profit dropped by -27.7 % Year to Year, Tijaria Polypipes Limited’s profitability dropped by -13.73 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -26.67 % Year to Year. EPS decreased by -12 % 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. 0.042 Cr | Rs. 0.107 Cr | Rs. 0 Cr | 0 % | 0 % |
| Expenses | Rs. 0.23 Cr | Rs. 0.2 Cr | Rs. 0.17 Cr | -15 % | -26.09 % |
| Operating Profit | Rs. -0.19 Cr | Rs. -0.09 Cr | Rs. -0.17 Cr | -88.89 % | + 10.53 % |
| OPM % | -452.38 % | -84.11 % | 0 % | + 84.11 % | + 452.38 % |
| Other Income | Rs. 0.019 Cr | Rs. 0.08 Cr | Rs. 0.134 Cr | + 67.5 % | + 605.26 % |
| Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 0.01 Cr | 0 % | 0 % |
| Depreciation | Rs. 0.68 Cr | Rs. 0.7 Cr | Rs. 0.58 Cr | -17.14 % | -14.71 % |
| Profit before tax | Rs. -0.85 Cr | Rs. -0.71 Cr | Rs. -0.63 Cr | + 11.27 % | + 25.88 % |
| Tax % | -0 % | -0 % | -0 % | 0 % | 0 % |
| Net Profit | Rs. -0.85 Cr | Rs. -0.71 Cr | Rs. -0.62 Cr | + 12.68 % | + 27.06 % |
| EPS in Rs | Rs. -0.3 | Rs. -0.25 | Rs. -0.22 | + 12 % | + 26.67 % |
Today, we’re looking at Tijaria Polypipes Limited’s financial performance for the Q1(Jun 2024).Expenses decreased slightly by -15 % quarter-on-quarter, aligning with the annual decline of -26.09 %. Operating profit, while up 10.53 % compared to last year, faced a quarter-on-quarter dip of -88.89 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 452.38 %, but an expansion of 84.11 % sequentially. Other income rose by 67.5 % compared to the last quarter, despite an annual growth of 605.26 %. Depreciation costs fell by -17.14 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -14.71 %. Profit before tax grew annually by 25.88 % but saw an increase from the preceding quarter by 11.27 %.
Net profit rose by 27.06 % year-on-year but experienced a 12.68 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 26.67 % but a quarterly rise of 12 %. In summary, Tijaria Polypipes 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. 0.042 Cr | Rs. 0.107 Cr | Rs. 0 Cr | 0 % | 0 % |
| Expenses | Rs. 0.23 Cr | Rs. 0.2 Cr | Rs. 0.17 Cr | -15 % | -26.09 % |
| Operating Profit | Rs. -0.19 Cr | Rs. -0.09 Cr | Rs. -0.17 Cr | -88.89 % | + 10.53 % |
| Net Profit | Rs. -0.85 Cr | Rs. -0.71 Cr | Rs. -0.62 Cr | + 12.68 % | + 27.06 % |
| EPS in Rs | Rs. -0.3 | Rs. -0.25 | Rs. -0.22 | + 12 % | + 26.67 % |
In reviewing Tijaria Polypipes Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Expenses decreased by -26.09 % compared to the previous year, with a decrease of -15 % quarter-on-quarter. Operating Profit surged by 10.53 % annually, and saw a -88.89 % decrease from the last quarter.
Net Profit showed yearly increase of 27.06 %, and experienced a 12.68 % increase from the previous quarter. Earnings Per Share (EPS) rose by 26.67 % annually, however rose by 12 % compared to the last quarter. In essence, while Tijaria Polypipes 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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