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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 3.87 % in the past year, decrease in net sales/revenue by -13.73 %.
- 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 69.27 %. Marginal increase in other income during this quarter, up by 183.65%.
- Profit over the Year and quarter: Significant improvement in profitability for Tilaknagar Industries Limited. Notable increase of 83.19 % in net profit Year to Year, Tilaknagar Industries Limited’s profitability increased by 4.29 % in this quarter.
- EPS over the Year and quarter: EPS increased by 78.63 % Year to Year. EPS increased by 3.47 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 639.978 Cr | Rs. 770.558 Cr | Rs. 664.762 Cr | -13.73 % | + 3.87 % |
| Expenses | Rs. 605.6 Cr | Rs. 717.26 Cr | Rs. 614.8 Cr | -14.28 % | + 1.52 % |
| Operating Profit | Rs. 34.38 Cr | Rs. 53.3 Cr | Rs. 49.96 Cr | -6.27 % | + 45.32 % |
| OPM % | 5.37 % | 6.92 % | 7.52 % | + 0.6 % | + 2.15 % |
| Other Income | Rs. 1.103 Cr | Rs. -2.232 Cr | Rs. 1.867 Cr | + 183.65 % | + 69.27 % |
| Interest | Rs. 6.02 Cr | Rs. 4.93 Cr | Rs. 4.16 Cr | -15.62 % | -30.9 % |
| Depreciation | Rs. 7.44 Cr | Rs. 7.45 Cr | Rs. 7.33 Cr | -1.61 % | -1.48 % |
| Profit before tax | Rs. 22.02 Cr | Rs. 38.69 Cr | Rs. 40.34 Cr | + 4.26 % | + 83.2 % |
| Tax % | 0 % | 0 % | 0 % | 0 % | 0 % |
| Net Profit | Rs. 22.02 Cr | Rs. 38.68 Cr | Rs. 40.34 Cr | + 4.29 % | + 83.2 % |
| EPS in Rs | Rs. 1.16 | Rs. 2 | Rs. 2.07 | + 3.5 % | + 78.45 % |
Today, we’re looking at Tilaknagar Industries 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 3.87 %. However, it did see a marginal slip of -13.73 % from the previous quarter. Expenses decreased slightly by -14.28 % quarter-on-quarter, aligning with the annual rise of 1.52 %. Operating profit, while up 45.32 % compared to last year, faced a quarter-on-quarter dip of -6.27 %, 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 2.15 %, but an expansion of 0.6 % sequentially. Other income rose by 183.65 % compared to the last quarter, despite an annual growth of 69.27 %. Interest expenses dropped significantly by -15.62 % from the previous quarter, yet the year-over-year decrease remains at a moderate -30.9 %. Depreciation costs fell by -1.61 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -1.48 %. Profit before tax grew annually by 83.2 % but saw an increase from the preceding quarter by 4.26 %.
Net profit rose by 83.2 % year-on-year but experienced a 4.29 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 78.45 % but a quarterly rise of 3.5 %. In summary, Tilaknagar Industries 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. 639.978 Cr | Rs. 770.558 Cr | Rs. 664.762 Cr | -13.73 % | + 3.87 % |
| Expenses | Rs. 605.6 Cr | Rs. 717.26 Cr | Rs. 614.8 Cr | -14.28 % | + 1.52 % |
| Operating Profit | Rs. 34.38 Cr | Rs. 53.3 Cr | Rs. 49.96 Cr | -6.27 % | + 45.32 % |
| Net Profit | Rs. 22.02 Cr | Rs. 38.68 Cr | Rs. 40.34 Cr | + 4.29 % | + 83.2 % |
| EPS in Rs | Rs. 1.16 | Rs. 2 | Rs. 2.07 | + 3.5 % | + 78.45 % |
In reviewing Tilaknagar Industries Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 3.87 % year-on-year growth, although there was a slight dip of -13.73 % from the previous quarter. Expenses rose by 1.52 % compared to the previous year, with a decrease of -14.28 % quarter-on-quarter. Operating Profit surged by 45.32 % annually, and saw a -6.27 % decrease from the last quarter.
Net Profit showed yearly increase of 83.2 %, and experienced a 4.29 % increase from the previous quarter. Earnings Per Share (EPS) rose by 78.45 % annually, however rose by 3.5 % compared to the last quarter. In essence, while Tilaknagar Industries 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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