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Highlights
- Sales over the Year and quarter: The company’s sales declined by -13.76 % over the year, substantial increase in net sales/revenue by 6.87 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -66.67 %, Marginal decrease of -90.91% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Tokyo Plast International Ltd.. Profit dropped by -120.53 % Year to Year, Tokyo Plast International Ltd.’s profitability dropped by -134.83 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -121.88 % Year to Year. EPS decreased by -136.84 % 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. 19.67 Cr | Rs. 15.873 Cr | Rs. 16.963 Cr | + 6.87 % | -13.76 % |
Expenses | Rs. 17.2 Cr | Rs. 14.74 Cr | Rs. 15.9 Cr | + 7.87 % | -7.56 % |
Operating Profit | Rs. 2.47 Cr | Rs. 1.13 Cr | Rs. 1.06 Cr | -6.19 % | -57.09 % |
OPM % | 12.56 % | 7.12 % | 6.25 % | -0.87 % | -6.31 % |
Other Income | Rs. 0.03 Cr | Rs. 0.11 Cr | Rs. 0.01 Cr | -90.91 % | -66.67 % |
Interest | Rs. 0.39 Cr | Rs. 0.34 Cr | Rs. 0.37 Cr | + 8.82 % | -5.13 % |
Depreciation | Rs. 0.92 Cr | Rs. 0.71 Cr | Rs. 0.63 Cr | -11.27 % | -31.52 % |
Profit before tax | Rs. 1.19 Cr | Rs. 0.19 Cr | Rs. 0.07 Cr | -63.16 % | -94.12 % |
Tax % | 50.98 % | 6.81 % | 188.57 % | + 181.76 % | + 137.59 % |
Net Profit | Rs. 0.3 Cr | Rs. 0.18 Cr | Rs. -0.06 Cr | -133.33 % | -120 % |
EPS in Rs | Rs. 0.32 | Rs. 0.19 | Rs. -0.07 | -136.84 % | -121.88 % |
Today, we’re looking at Tokyo Plast International Ltd.’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -13.76 %. However, it did see a marginal increase of 6.87 % from the previous quarter. Expenses ticked up slightly by 7.87 % quarter-on-quarter, aligning with the annual decline of -7.56 %. Operating profit, while down -57.09 % compared to last year, faced a quarter-on-quarter dip of -6.19 %, 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 -6.31 %, but a shrinkage of -0.87 % sequentially. Other income fell by -90.91 % compared to the last quarter, despite an annual decline of -66.67 %. Interest expenses surged remarkably by 8.82 % from the previous quarter, yet the year-over-year decrease remains at a moderate -5.13 %. Depreciation costs fell by -11.27 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -31.52 %. Profit before tax declined annually by -94.12 % but saw a reduction from the preceding quarter by -63.16 %.
Tax expenses as a percentage of profits increased slightly by 137.59 % compared to last year, with a more notable quarter-on-quarter increase of 181.76 %. Net profit fell by -120 % year-on-year but witnessed a -133.33 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -121.88 % but a quarterly fall of -136.84 %. In summary, Tokyo Plast International 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. 19.67 Cr | Rs. 15.873 Cr | Rs. 16.963 Cr | + 6.87 % | -13.76 % |
Expenses | Rs. 17.2 Cr | Rs. 14.74 Cr | Rs. 15.9 Cr | + 7.87 % | -7.56 % |
Operating Profit | Rs. 2.47 Cr | Rs. 1.13 Cr | Rs. 1.06 Cr | -6.19 % | -57.09 % |
Net Profit | Rs. 0.3 Cr | Rs. 0.18 Cr | Rs. -0.06 Cr | -133.33 % | -120 % |
EPS in Rs | Rs. 0.32 | Rs. 0.19 | Rs. -0.07 | -136.84 % | -121.88 % |
In reviewing Tokyo Plast International Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -13.76 % year-on-year, however, there was a minor increase of 6.87 % from the previous quarter. Expenses decreased by -7.56 % compared to the previous year, with a 7.87 % increase quarter-on-quarter. Operating Profit dropped by -57.09 % annually, and saw a -6.19 % decrease from the last quarter.
Net Profit showed yearly decrease of -120 %, and experienced a -133.33 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -121.88 % annually, however dipped by -136.84 % compared to the last quarter. In essence, while Tokyo Plast International Ltd. faces strong annual decline indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.