Share the post "TRANS INDIA HOUSE IMPEX : Q4 2024 Financial Quarterly Report : YoY Sales Down 22.03 %, QoQ Down 60.65 %"
Highlights
- Sales over the Year and quarter: The company’s sales declined by -22.03 % over the year, decrease in net sales/revenue by -60.65 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -53.41 %, Marginal decrease of -8.89% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for TRANS INDIA HOUSE IMPEX LIMITED. Profit dropped by -39.42 % Year to Year, TRANS INDIA HOUSE IMPEX LIMITED’s profitability increased by 348.44 % in this quarter.
- EPS over the Year and quarter: EPS declined by -71.43 % Year to Year. EPS increased by 300 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 12.805 Cr | Rs. 25.373 Cr | Rs. 9.984 Cr | -60.65 % | -22.03 % |
| Expenses | Rs. 12.49 Cr | Rs. 25.54 Cr | Rs. 8.76 Cr | -65.7 % | -29.86 % |
| Operating Profit | Rs. 0.32 Cr | Rs. -0.17 Cr | Rs. 1.22 Cr | + 817.65 % | + 281.25 % |
| OPM % | 2.5 % | -0.67 % | 12.22 % | + 12.89 % | + 9.72 % |
| Other Income | Rs. 1.76 Cr | Rs. 0.9 Cr | Rs. 0.82 Cr | -8.89 % | -53.41 % |
| Interest | Rs. 0.14 Cr | Rs. 0.39 Cr | Rs. 0.57 Cr | + 46.15 % | + 307.14 % |
| Depreciation | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
| Profit before tax | Rs. 1.94 Cr | Rs. 0.34 Cr | Rs. 1.47 Cr | + 332.35 % | -24.23 % |
| Tax % | 1.61 % | 25.15 % | 22.01 % | -3.14 % | + 20.4 % |
| Net Profit | Rs. 1.9 Cr | Rs. 0.26 Cr | Rs. 1.15 Cr | + 342.31 % | -39.47 % |
| EPS in Rs | Rs. 1.12 | Rs. 0.08 | Rs. 0.32 | + 300 % | -71.43 % |
Today, we’re looking at TRANS INDIA HOUSE IMPEX 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 -22.03 %. However, it did see a marginal slip of -60.65 % from the previous quarter. Expenses decreased slightly by -65.7 % quarter-on-quarter, aligning with the annual decline of -29.86 %. Operating profit, while up 281.25 % compared to last year, faced a quarter-on-quarter increase of 817.65 %, 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 9.72 %, but an expansion of 12.89 % sequentially. Other income fell by -8.89 % compared to the last quarter, despite an annual decline of -53.41 %. Interest expenses surged remarkably by 46.15 % from the previous quarter, yet the year-over-year increase remains at a moderate 307.14 %. Profit before tax declined annually by -24.23 % but saw an increase from the preceding quarter by 332.35 %.
Tax expenses as a percentage of profits increased slightly by 20.4 % compared to last year, with a more notable quarter-on-quarter decrease of -3.14 %. Net profit fell by -39.47 % year-on-year but experienced a 342.31 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -71.43 % but a quarterly rise of 300 %. In summary, TRANS INDIA HOUSE IMPEX 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. 12.805 Cr | Rs. 25.373 Cr | Rs. 9.984 Cr | -60.65 % | -22.03 % |
| Expenses | Rs. 12.49 Cr | Rs. 25.54 Cr | Rs. 8.76 Cr | -65.7 % | -29.86 % |
| Operating Profit | Rs. 0.32 Cr | Rs. -0.17 Cr | Rs. 1.22 Cr | + 817.65 % | + 281.25 % |
| Net Profit | Rs. 1.9 Cr | Rs. 0.26 Cr | Rs. 1.15 Cr | + 342.31 % | -39.47 % |
| EPS in Rs | Rs. 1.12 | Rs. 0.08 | Rs. 0.32 | + 300 % | -71.43 % |
In reviewing TRANS INDIA HOUSE IMPEX LIMITED’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -22.03 % year-on-year, although there was a slight dip of -60.65 % from the previous quarter. Expenses decreased by -29.86 % compared to the previous year, with a decrease of -65.7 % quarter-on-quarter. Operating Profit surged by 281.25 % annually, and saw a 817.65 % increase from the last quarter.
Net Profit showed yearly decrease of -39.47 %, and experienced a 342.31 % increase from the previous quarter. Earnings Per Share (EPS) fell by -71.43 % annually, however rose by 300 % compared to the last quarter. In essence, while TRANS INDIA HOUSE IMPEX LIMITED faces strong annual decline 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.
