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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 14.76 % in the past year, substantial increase in net sales/revenue by 0.09 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -87.47 %,
- Profit over the Year and quarter: Significant improvement in profitability for TPL Plastech Limited. Notable increase of 59.16 % in net profit Year to Year, TPL Plastech Limited’s profitability increased by 3.22 % in this quarter.
- EPS over the Year and quarter: EPS increased by 59.18 % Year to Year. EPS increased by 4 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 72.091 Cr | Rs. 82.657 Cr | Rs. 82.734 Cr | + 0.09 % | + 14.76 % |
| Expenses | Rs. 64.41 Cr | Rs. 72.73 Cr | Rs. 72.98 Cr | + 0.34 % | + 13.31 % |
| Operating Profit | Rs. 7.68 Cr | Rs. 9.93 Cr | Rs. 9.75 Cr | -1.81 % | + 26.95 % |
| OPM % | 10.65 % | 12.01 % | 11.78 % | -0.23 % | + 1.13 % |
| Other Income | Rs. 3.83 Cr | Rs. 0 Cr | Rs. 0.48 Cr | 0 % | -87.47 % |
| Interest | Rs. 1.23 Cr | Rs. 1.41 Cr | Rs. 1.32 Cr | -6.38 % | + 7.32 % |
| Depreciation | Rs. 1.34 Cr | Rs. 1.36 Cr | Rs. 1.2 Cr | -11.76 % | -10.45 % |
| Profit before tax | Rs. 8.94 Cr | Rs. 7.16 Cr | Rs. 7.71 Cr | + 7.68 % | -13.76 % |
| Tax % | 25.6 % | 17.88 % | 21.23 % | + 3.35 % | -4.37 % |
| Net Profit | Rs. 3.81 Cr | Rs. 5.88 Cr | Rs. 6.07 Cr | + 3.23 % | + 59.32 % |
| EPS in Rs | Rs. 0.49 | Rs. 0.75 | Rs. 0.78 | + 4 % | + 59.18 % |
Today, we’re looking at TPL Plastech 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 14.76 %. However, it did see a marginal increase of 0.09 % from the previous quarter. Expenses ticked up slightly by 0.34 % quarter-on-quarter, aligning with the annual rise of 13.31 %. Operating profit, while up 26.95 % compared to last year, faced a quarter-on-quarter dip of -1.81 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 1.13 %, but a shrinkage of -0.23 % sequentially. despite an annual decline of -87.47 %. Interest expenses dropped significantly by -6.38 % from the previous quarter, yet the year-over-year increase remains at a moderate 7.32 %. Depreciation costs fell by -11.76 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -10.45 %. Profit before tax declined annually by -13.76 % but saw an increase from the preceding quarter by 7.68 %.
Tax expenses as a percentage of profits decreased slightly by -4.37 % compared to last year, with a more notable quarter-on-quarter increase of 3.35 %. Net profit rose by 59.32 % year-on-year but experienced a 3.23 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 59.18 % but a quarterly rise of 4 %. In summary, TPL Plastech 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. 72.091 Cr | Rs. 82.657 Cr | Rs. 82.734 Cr | + 0.09 % | + 14.76 % |
| Expenses | Rs. 64.41 Cr | Rs. 72.73 Cr | Rs. 72.98 Cr | + 0.34 % | + 13.31 % |
| Operating Profit | Rs. 7.68 Cr | Rs. 9.93 Cr | Rs. 9.75 Cr | -1.81 % | + 26.95 % |
| Net Profit | Rs. 3.81 Cr | Rs. 5.88 Cr | Rs. 6.07 Cr | + 3.23 % | + 59.32 % |
| EPS in Rs | Rs. 0.49 | Rs. 0.75 | Rs. 0.78 | + 4 % | + 59.18 % |
In reviewing TPL Plastech Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 14.76 % year-on-year growth, however, there was a minor increase of 0.09 % from the previous quarter. Expenses rose by 13.31 % compared to the previous year, with a 0.34 % increase quarter-on-quarter. Operating Profit surged by 26.95 % annually, and saw a -1.81 % decrease from the last quarter.
Net Profit showed yearly increase of 59.32 %, and experienced a 3.23 % increase from the previous quarter. Earnings Per Share (EPS) rose by 59.18 % annually, however rose by 4 % compared to the last quarter. In essence, while TPL Plastech 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.
