Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 8.03 % in the past year, substantial increase in net sales/revenue by 10.24 %.
- 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 253.82 %. Marginal decrease of -12.47% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for TITAGARH RAIL SYSTEMS LIMITED. Notable increase of 63.67 % in net profit Year to Year, TITAGARH RAIL SYSTEMS LIMITED’s profitability increased by 5.51 % in this quarter.
- EPS over the Year and quarter: EPS increased by 53.85 % Year to Year. EPS increased by 6.53 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 974.216 Cr | Rs. 954.679 Cr | Rs. 1052.411 Cr | + 10.24 % | + 8.03 % |
| Expenses | Rs. 878.71 Cr | Rs. 844.01 Cr | Rs. 932.34 Cr | + 10.47 % | + 6.1 % |
| Operating Profit | Rs. 95.51 Cr | Rs. 110.67 Cr | Rs. 120.07 Cr | + 8.49 % | + 25.71 % |
| OPM % | 9.8 % | 11.59 % | 11.41 % | -0.18 % | + 1.61 % |
| Other Income | Rs. 3.53 Cr | Rs. 14.27 Cr | Rs. 12.49 Cr | -12.47 % | + 253.82 % |
| Interest | Rs. 22.25 Cr | Rs. 18.24 Cr | Rs. 15.83 Cr | -13.21 % | -28.85 % |
| Depreciation | Rs. 6.38 Cr | Rs. 6.79 Cr | Rs. 6.99 Cr | + 2.95 % | + 9.56 % |
| Profit before tax | Rs. 70.41 Cr | Rs. 99.91 Cr | Rs. 109.74 Cr | + 9.84 % | + 55.86 % |
| Tax % | 30.01 % | 25.06 % | 26.05 % | + 0.99 % | -3.96 % |
| Net Profit | Rs. 48.24 Cr | Rs. 74.82 Cr | Rs. 78.95 Cr | + 5.52 % | + 63.66 % |
| EPS in Rs | Rs. 4.01 | Rs. 5.84 | Rs. 6.37 | + 9.08 % | + 58.85 % |
Today, we’re looking at TITAGARH RAIL SYSTEMS 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 8.03 %. However, it did see a marginal increase of 10.24 % from the previous quarter. Expenses ticked up slightly by 10.47 % quarter-on-quarter, aligning with the annual rise of 6.1 %. Operating profit, while up 25.71 % compared to last year, faced a quarter-on-quarter increase of 8.49 %, 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 1.61 %, but a shrinkage of -0.18 % sequentially. Other income fell by -12.47 % compared to the last quarter, despite an annual growth of 253.82 %. Interest expenses dropped significantly by -13.21 % from the previous quarter, yet the year-over-year decrease remains at a moderate -28.85 %. Depreciation costs climbed by 2.95 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 9.56 %. Profit before tax grew annually by 55.86 % but saw an increase from the preceding quarter by 9.84 %.
Tax expenses as a percentage of profits decreased slightly by -3.96 % compared to last year, with a more notable quarter-on-quarter increase of 0.99 %. Net profit rose by 63.66 % year-on-year but experienced a 5.52 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 58.85 % but a quarterly rise of 9.08 %. In summary, TITAGARH RAIL SYSTEMS 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. 974.216 Cr | Rs. 954.679 Cr | Rs. 1052.411 Cr | + 10.24 % | + 8.03 % |
| Expenses | Rs. 878.71 Cr | Rs. 844.01 Cr | Rs. 932.34 Cr | + 10.47 % | + 6.1 % |
| Operating Profit | Rs. 95.51 Cr | Rs. 110.67 Cr | Rs. 120.07 Cr | + 8.49 % | + 25.71 % |
| Net Profit | Rs. 48.24 Cr | Rs. 74.82 Cr | Rs. 78.95 Cr | + 5.52 % | + 63.66 % |
| EPS in Rs | Rs. 4.01 | Rs. 5.84 | Rs. 6.37 | + 9.08 % | + 58.85 % |
In reviewing TITAGARH RAIL SYSTEMS LIMITED’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 8.03 % year-on-year growth, however, there was a minor increase of 10.24 % from the previous quarter. Expenses rose by 6.1 % compared to the previous year, with a 10.47 % increase quarter-on-quarter. Operating Profit surged by 25.71 % annually, and saw a 8.49 % increase from the last quarter.
Net Profit showed yearly increase of 63.66 %, and experienced a 5.52 % increase from the previous quarter. Earnings Per Share (EPS) rose by 58.85 % annually, however rose by 9.08 % compared to the last quarter. In essence, while TITAGARH RAIL SYSTEMS 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.
