Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 89.93 % in the past year, substantial increase in net sales/revenue by 385.77 %.
- 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 53.49 %. Marginal increase in other income during this quarter, up by 120%.
- Profit over the Year and quarter: Significant improvement in profitability for Tips Films Limited. Notable increase of 70.67 % in net profit Year to Year, Tips Films Limited’s profitability dropped by -862.66 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 70.86 % Year to Year. EPS decreased by -860.99 % 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. 31.664 Cr | Rs. 12.38 Cr | Rs. 60.138 Cr | + 385.77 % | + 89.93 % |
| Expenses | Rs. 29.71 Cr | Rs. 13 Cr | Rs. 56.46 Cr | + 334.31 % | + 90.04 % |
| Operating Profit | Rs. 1.95 Cr | Rs. -0.62 Cr | Rs. 3.68 Cr | + 693.55 % | + 88.72 % |
| OPM % | 6.16 % | -5.01 % | 6.12 % | + 11.13 % | -0.04 % |
| Other Income | Rs. 0.43 Cr | Rs. 0.3 Cr | Rs. 0.66 Cr | + 120 % | + 53.49 % |
| Interest | Rs. 0.72 Cr | Rs. 0.09 Cr | Rs. 0.11 Cr | + 22.22 % | -84.72 % |
| Depreciation | Rs. 0.13 Cr | Rs. 0.2 Cr | Rs. 0.2 Cr | + 0 % | + 53.85 % |
| Profit before tax | Rs. 1.53 Cr | Rs. -0.61 Cr | Rs. 4.03 Cr | + 760.66 % | + 163.4 % |
| Tax % | 77.12 % | -0 % | 14.86 % | + 14.86 % | -62.26 % |
| Net Profit | Rs. 2.72 Cr | Rs. -0.61 Cr | Rs. 4.64 Cr | + 860.66 % | + 70.59 % |
| EPS in Rs | Rs. 6.28 | Rs. -1.41 | Rs. 10.73 | + 860.99 % | + 70.86 % |
Today, we’re looking at Tips Films 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 89.93 %. However, it did see a marginal increase of 385.77 % from the previous quarter. Expenses ticked up slightly by 334.31 % quarter-on-quarter, aligning with the annual rise of 90.04 %. Operating profit, while up 88.72 % compared to last year, faced a quarter-on-quarter increase of 693.55 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -0.04 %, but an expansion of 11.13 % sequentially. Other income rose by 120 % compared to the last quarter, despite an annual growth of 53.49 %. Interest expenses surged remarkably by 22.22 % from the previous quarter, yet the year-over-year decrease remains at a moderate -84.72 %. Depreciation costs climbed by 0 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 53.85 %. Profit before tax grew annually by 163.4 % but saw an increase from the preceding quarter by 760.66 %.
Tax expenses as a percentage of profits decreased slightly by -62.26 % compared to last year, with a more notable quarter-on-quarter increase of 14.86 %. Net profit rose by 70.59 % year-on-year but experienced a 860.66 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 70.86 % but a quarterly rise of 860.99 %. In summary, Tips Films 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. 31.664 Cr | Rs. 12.38 Cr | Rs. 60.138 Cr | + 385.77 % | + 89.93 % |
| Expenses | Rs. 29.71 Cr | Rs. 13 Cr | Rs. 56.46 Cr | + 334.31 % | + 90.04 % |
| Operating Profit | Rs. 1.95 Cr | Rs. -0.62 Cr | Rs. 3.68 Cr | + 693.55 % | + 88.72 % |
| Net Profit | Rs. 2.72 Cr | Rs. -0.61 Cr | Rs. 4.64 Cr | + 860.66 % | + 70.59 % |
| EPS in Rs | Rs. 6.28 | Rs. -1.41 | Rs. 10.73 | + 860.99 % | + 70.86 % |
In reviewing Tips Films Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 89.93 % year-on-year growth, however, there was a minor increase of 385.77 % from the previous quarter. Expenses rose by 90.04 % compared to the previous year, with a 334.31 % increase quarter-on-quarter. Operating Profit surged by 88.72 % annually, and saw a 693.55 % increase from the last quarter.
Net Profit showed yearly increase of 70.59 %, and experienced a 860.66 % increase from the previous quarter. Earnings Per Share (EPS) rose by 70.86 % annually, however rose by 860.99 % compared to the last quarter. In essence, while Tips Films 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.
