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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 7.43 % in the past year, decrease in net sales/revenue by -3.38 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -20.08 %, Marginal decrease of -51.84% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Tilaknagar Industries Ltd. Profit dropped by -46.78 % Year to Year, Tilaknagar Industries Ltd’s profitability dropped by -28.14 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -48.28 % Year to Year. EPS decreased by -27.63 % 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. 717.246 Cr | Rs. 797.545 Cr | Rs. 770.558 Cr | -3.38 % | + 7.43 % |
Expenses | Rs. 673.77 Cr | Rs. 746.15 Cr | Rs. 722.33 Cr | -3.19 % | + 7.21 % |
Operating Profit | Rs. 43.48 Cr | Rs. 51.4 Cr | Rs. 48.23 Cr | -6.17 % | + 10.92 % |
OPM % | 6.06 % | 6.44 % | 6.26 % | -0.18 % | + 0.2 % |
Other Income | Rs. 5.08 Cr | Rs. 8.43 Cr | Rs. 4.06 Cr | -51.84 % | -20.08 % |
Interest | Rs. 7.95 Cr | Rs. 8.05 Cr | Rs. 4.93 Cr | -38.76 % | -37.99 % |
Depreciation | Rs. 7.92 Cr | Rs. 8 Cr | Rs. 7.84 Cr | -2 % | -1.01 % |
Profit before tax | Rs. 32.69 Cr | Rs. 43.78 Cr | Rs. 39.52 Cr | -9.73 % | + 20.89 % |
Tax % | 0.01 % | 0 % | 0 % | 0 % | -0.01 % |
Net Profit | Rs. 59.1 Cr | Rs. 43.77 Cr | Rs. 31.45 Cr | -28.15 % | -46.79 % |
EPS in Rs | Rs. 3.11 | Rs. 2.25 | Rs. 1.63 | -27.56 % | -47.59 % |
Today, we’re looking at Tilaknagar Industries Ltd’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 7.43 %. However, it did see a marginal slip of -3.38 % from the previous quarter. Expenses decreased slightly by -3.19 % quarter-on-quarter, aligning with the annual rise of 7.21 %. Operating profit, while up 10.92 % compared to last year, faced a quarter-on-quarter dip of -6.17 %, 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 0.2 %, but a shrinkage of -0.18 % sequentially. Other income fell by -51.84 % compared to the last quarter, despite an annual decline of -20.08 %. Interest expenses dropped significantly by -38.76 % from the previous quarter, yet the year-over-year decrease remains at a moderate -37.99 %. Depreciation costs fell by -2 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -1.01 %. Profit before tax grew annually by 20.89 % but saw a reduction from the preceding quarter by -9.73 %.
Tax expenses as a percentage of profits decreased slightly by -0.01 % compared to last year, Net profit fell by -46.79 % year-on-year but witnessed a -28.15 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -47.59 % but a quarterly fall of -27.56 %. In summary, Tilaknagar Industries 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. 717.246 Cr | Rs. 797.545 Cr | Rs. 770.558 Cr | -3.38 % | + 7.43 % |
Expenses | Rs. 673.77 Cr | Rs. 746.15 Cr | Rs. 722.33 Cr | -3.19 % | + 7.21 % |
Operating Profit | Rs. 43.48 Cr | Rs. 51.4 Cr | Rs. 48.23 Cr | -6.17 % | + 10.92 % |
Net Profit | Rs. 59.1 Cr | Rs. 43.77 Cr | Rs. 31.45 Cr | -28.15 % | -46.79 % |
EPS in Rs | Rs. 3.11 | Rs. 2.25 | Rs. 1.63 | -27.56 % | -47.59 % |
In reviewing Tilaknagar Industries Ltd’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 7.43 % year-on-year growth, although there was a slight dip of -3.38 % from the previous quarter. Expenses rose by 7.21 % compared to the previous year, with a decrease of -3.19 % quarter-on-quarter. Operating Profit surged by 10.92 % annually, and saw a -6.17 % decrease from the last quarter.
Net Profit showed yearly decrease of -46.79 %, and experienced a -28.15 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -47.59 % annually, however dipped by -27.56 % compared to the last quarter. In essence, while Tilaknagar Industries Ltd exhibits strong annual growth indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.