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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 12.88 % in the past year, decrease in net sales/revenue by -5.93 %.
- 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 57.14 %. Marginal increase in other income during this quarter, up by 120%.
- Profit over the Year and quarter: Significant improvement in profitability for TIRUPATI FOAM LIMITED. Notable increase of 52.03 % in net profit Year to Year, TIRUPATI FOAM LIMITED’s profitability dropped by -14.82 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 52.56 % Year to Year. EPS decreased by -14.39 % 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. 24.298 Cr | Rs. 29.157 Cr | Rs. 27.427 Cr | -5.93 % | + 12.88 % |
Expenses | Rs. 22.19 Cr | Rs. 26.76 Cr | Rs. 25.31 Cr | -5.42 % | + 14.06 % |
Operating Profit | Rs. 2.11 Cr | Rs. 2.4 Cr | Rs. 2.12 Cr | -11.67 % | + 0.47 % |
OPM % | 8.68 % | 8.23 % | 7.73 % | -0.5 % | -0.95 % |
Other Income | Rs. 0.14 Cr | Rs. 0.1 Cr | Rs. 0.22 Cr | + 120 % | + 57.14 % |
Interest | Rs. 1.18 Cr | Rs. 1.19 Cr | Rs. 1.13 Cr | -5.04 % | -4.24 % |
Depreciation | Rs. 0.58 Cr | Rs. 0.5 Cr | Rs. 0.5 Cr | + 0 % | -13.79 % |
Profit before tax | Rs. 0.49 Cr | Rs. 0.81 Cr | Rs. 0.71 Cr | -12.35 % | + 44.9 % |
Tax % | 29.65 % | 24.41 % | 26.34 % | + 1.93 % | -3.31 % |
Net Profit | Rs. 0.34 Cr | Rs. 0.61 Cr | Rs. 0.52 Cr | -14.75 % | + 52.94 % |
EPS in Rs | Rs. 0.78 | Rs. 1.39 | Rs. 1.19 | -14.39 % | + 52.56 % |
Today, we’re looking at TIRUPATI FOAM 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 12.88 %. However, it did see a marginal slip of -5.93 % from the previous quarter. Expenses decreased slightly by -5.42 % quarter-on-quarter, aligning with the annual rise of 14.06 %. Operating profit, while up 0.47 % compared to last year, faced a quarter-on-quarter dip of -11.67 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -0.95 %, but a shrinkage of -0.5 % sequentially. Other income rose by 120 % compared to the last quarter, despite an annual growth of 57.14 %. Interest expenses dropped significantly by -5.04 % from the previous quarter, yet the year-over-year decrease remains at a moderate -4.24 %. Depreciation costs climbed by 0 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -13.79 %. Profit before tax grew annually by 44.9 % but saw a reduction from the preceding quarter by -12.35 %.
Tax expenses as a percentage of profits decreased slightly by -3.31 % compared to last year, with a more notable quarter-on-quarter increase of 1.93 %. Net profit rose by 52.94 % year-on-year but witnessed a -14.75 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 52.56 % but a quarterly fall of -14.39 %. In summary, TIRUPATI FOAM 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. 24.298 Cr | Rs. 29.157 Cr | Rs. 27.427 Cr | -5.93 % | + 12.88 % |
Expenses | Rs. 22.19 Cr | Rs. 26.76 Cr | Rs. 25.31 Cr | -5.42 % | + 14.06 % |
Operating Profit | Rs. 2.11 Cr | Rs. 2.4 Cr | Rs. 2.12 Cr | -11.67 % | + 0.47 % |
Net Profit | Rs. 0.34 Cr | Rs. 0.61 Cr | Rs. 0.52 Cr | -14.75 % | + 52.94 % |
EPS in Rs | Rs. 0.78 | Rs. 1.39 | Rs. 1.19 | -14.39 % | + 52.56 % |
In reviewing TIRUPATI FOAM LIMITED’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 12.88 % year-on-year growth, although there was a slight dip of -5.93 % from the previous quarter. Expenses rose by 14.06 % compared to the previous year, with a decrease of -5.42 % quarter-on-quarter. Operating Profit surged by 0.47 % annually, and saw a -11.67 % decrease from the last quarter.
Net Profit showed yearly increase of 52.94 %, and experienced a -14.75 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 52.56 % annually, however dipped by -14.39 % compared to the last quarter. In essence, while TIRUPATI FOAM LIMITED 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.