Highlights
- Sales over the Year and quarter: The company’s sales declined by -0.12 % over the year, decrease in net sales/revenue by -3.91 %.
- 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 72.6 %. Marginal increase in other income during this quarter, up by 16.67%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Tracxn Technologies Limited. Profit dropped by -94.18 % Year to Year, Tracxn Technologies Limited’s profitability dropped by -35.78 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -94.67 % Year to Year. EPS decreased by -40.91 % 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. 20.339 Cr | Rs. 21.142 Cr | Rs. 20.315 Cr | -3.91 % | -0.12 % |
| Expenses | Rs. 19.64 Cr | Rs. 19.28 Cr | Rs. 19.64 Cr | + 1.87 % | + 0 % |
| Operating Profit | Rs. 0.7 Cr | Rs. 1.86 Cr | Rs. 0.68 Cr | -63.44 % | -2.86 % |
| OPM % | 3.44 % | 8.8 % | 3.35 % | -5.45 % | -0.09 % |
| Other Income | Rs. 0.73 Cr | Rs. 1.08 Cr | Rs. 1.26 Cr | + 16.67 % | + 72.6 % |
| Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
| Depreciation | Rs. 0.07 Cr | Rs. 0.04 Cr | Rs. 0.04 Cr | + 0 % | -42.86 % |
| Profit before tax | Rs. 1.36 Cr | Rs. 2.9 Cr | Rs. 1.9 Cr | -34.48 % | + 39.71 % |
| Tax % | 1700.37 % | 23.32 % | 24.48 % | + 1.16 % | -1675.89 % |
| Net Profit | Rs. 24.5 Cr | Rs. 2.22 Cr | Rs. 1.43 Cr | -35.59 % | -94.16 % |
| EPS in Rs | Rs. 2.44 | Rs. 0.22 | Rs. 0.13 | -40.91 % | -94.67 % |
Today, we’re looking at Tracxn Technologies Limited’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -0.12 %. However, it did see a marginal slip of -3.91 % from the previous quarter. Expenses ticked up slightly by 1.87 % quarter-on-quarter, aligning with the annual rise of 0 %. Operating profit, while down -2.86 % compared to last year, faced a quarter-on-quarter dip of -63.44 %, 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 -0.09 %, but a shrinkage of -5.45 % sequentially. Other income rose by 16.67 % compared to the last quarter, despite an annual growth of 72.6 %. Depreciation costs climbed by 0 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -42.86 %. Profit before tax grew annually by 39.71 % but saw a reduction from the preceding quarter by -34.48 %.
Tax expenses as a percentage of profits decreased slightly by -1675.89 % compared to last year, with a more notable quarter-on-quarter increase of 1.16 %. Net profit fell by -94.16 % year-on-year but witnessed a -35.59 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -94.67 % but a quarterly fall of -40.91 %. In summary, Tracxn Technologies 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. 20.339 Cr | Rs. 21.142 Cr | Rs. 20.315 Cr | -3.91 % | -0.12 % |
| Expenses | Rs. 19.64 Cr | Rs. 19.28 Cr | Rs. 19.64 Cr | + 1.87 % | + 0 % |
| Operating Profit | Rs. 0.7 Cr | Rs. 1.86 Cr | Rs. 0.68 Cr | -63.44 % | -2.86 % |
| Net Profit | Rs. 24.5 Cr | Rs. 2.22 Cr | Rs. 1.43 Cr | -35.59 % | -94.16 % |
| EPS in Rs | Rs. 2.44 | Rs. 0.22 | Rs. 0.13 | -40.91 % | -94.67 % |
In reviewing Tracxn Technologies Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -0.12 % year-on-year, although there was a slight dip of -3.91 % from the previous quarter. Expenses rose by 0 % compared to the previous year, with a 1.87 % increase quarter-on-quarter. Operating Profit dropped by -2.86 % annually, and saw a -63.44 % decrease from the last quarter.
Net Profit showed yearly decrease of -94.16 %, and experienced a -35.59 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -94.67 % annually, however dipped by -40.91 % compared to the last quarter. In essence, while Tracxn Technologies Limited 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.
