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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 51.06 % in the past year, substantial increase in net sales/revenue by 18.1 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -86.88 %, Marginal decrease of -32.05% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Tinna Rubber and Infrastructure Limited. Notable increase of 131.74 % in net profit Year to Year, Tinna Rubber and Infrastructure Limited’s profitability increased by 57.23 % in this quarter.
- EPS over the Year and quarter: EPS increased by 15.84 % Year to Year. EPS increased by 57.31 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 72.718 Cr | Rs. 93.016 Cr | Rs. 109.851 Cr | + 18.1 % | + 51.06 % |
Expenses | Rs. 65.31 Cr | Rs. 77.51 Cr | Rs. 87.46 Cr | + 12.84 % | + 33.92 % |
Operating Profit | Rs. 7.41 Cr | Rs. 15.51 Cr | Rs. 22.39 Cr | + 44.36 % | + 202.16 % |
OPM % | 10.19 % | 16.67 % | 20.38 % | + 3.71 % | + 10.19 % |
Other Income | Rs. 4.04 Cr | Rs. 0.78 Cr | Rs. 0.53 Cr | -32.05 % | -86.88 % |
Interest | Rs. 2.03 Cr | Rs. 1.56 Cr | Rs. 1.97 Cr | + 26.28 % | -2.96 % |
Depreciation | Rs. 1.15 Cr | Rs. 1.64 Cr | Rs. 1.9 Cr | + 15.85 % | + 65.22 % |
Profit before tax | Rs. 8.27 Cr | Rs. 13.09 Cr | Rs. 19.05 Cr | + 45.53 % | + 130.35 % |
Tax % | 19.98 % | 24.98 % | 21.15 % | -3.83 % | + 1.17 % |
Net Profit | Rs. 6.76 Cr | Rs. 9.96 Cr | Rs. 15.66 Cr | + 57.23 % | + 131.66 % |
EPS in Rs | Rs. 7.89 | Rs. 5.81 | Rs. 9.14 | + 57.31 % | + 15.84 % |
Today, we’re looking at Tinna Rubber and Infrastructure 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 51.06 %. However, it did see a marginal increase of 18.1 % from the previous quarter. Expenses ticked up slightly by 12.84 % quarter-on-quarter, aligning with the annual rise of 33.92 %. Operating profit, while up 202.16 % compared to last year, faced a quarter-on-quarter increase of 44.36 %, 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 10.19 %, but an expansion of 3.71 % sequentially. Other income fell by -32.05 % compared to the last quarter, despite an annual decline of -86.88 %. Interest expenses surged remarkably by 26.28 % from the previous quarter, yet the year-over-year decrease remains at a moderate -2.96 %. Depreciation costs climbed by 15.85 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 65.22 %. Profit before tax grew annually by 130.35 % but saw an increase from the preceding quarter by 45.53 %.
Tax expenses as a percentage of profits increased slightly by 1.17 % compared to last year, with a more notable quarter-on-quarter decrease of -3.83 %. Net profit rose by 131.66 % year-on-year but experienced a 57.23 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 15.84 % but a quarterly rise of 57.31 %. In summary, Tinna Rubber and Infrastructure 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. 72.718 Cr | Rs. 93.016 Cr | Rs. 109.851 Cr | + 18.1 % | + 51.06 % |
Expenses | Rs. 65.31 Cr | Rs. 77.51 Cr | Rs. 87.46 Cr | + 12.84 % | + 33.92 % |
Operating Profit | Rs. 7.41 Cr | Rs. 15.51 Cr | Rs. 22.39 Cr | + 44.36 % | + 202.16 % |
Net Profit | Rs. 6.76 Cr | Rs. 9.96 Cr | Rs. 15.66 Cr | + 57.23 % | + 131.66 % |
EPS in Rs | Rs. 7.89 | Rs. 5.81 | Rs. 9.14 | + 57.31 % | + 15.84 % |
In reviewing Tinna Rubber and Infrastructure Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 51.06 % year-on-year growth, however, there was a minor increase of 18.1 % from the previous quarter. Expenses rose by 33.92 % compared to the previous year, with a 12.84 % increase quarter-on-quarter. Operating Profit surged by 202.16 % annually, and saw a 44.36 % increase from the last quarter.
Net Profit showed yearly increase of 131.66 %, and experienced a 57.23 % increase from the previous quarter. Earnings Per Share (EPS) rose by 15.84 % annually, however rose by 57.31 % compared to the last quarter. In essence, while Tinna Rubber and Infrastructure 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.