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Highlights
- The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 106.98 % in the past year, decrease in net sales/revenue by -37.2 %.
- 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 126.4 %. Marginal increase in other income during this quarter, up by 210%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Transformers and Rectifiers (India) Limited. Profit dropped by -270.6 % Year to Year, Transformers and Rectifiers (India) Limited’s profitability dropped by -49.95 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -247.37 % Year to Year. EPS decreased by -50 % 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. 155.57 Cr | Rs. 512.7 Cr | Rs. 322 Cr | -37.2 % | + 106.98 % |
Expenses | Rs. 151.2 Cr | Rs. 441.08 Cr | Rs. 279.81 Cr | -36.56 % | + 85.06 % |
Operating Profit | Rs. 4.37 Cr | Rs. 71.62 Cr | Rs. 42.19 Cr | -41.09 % | + 865.45 % |
OPM % | 2.81 % | 13.97 % | 13.1 % | -0.87 % | + 10.29 % |
Other Income | Rs. 1.78 Cr | Rs. 1.3 Cr | Rs. 4.03 Cr | + 210 % | + 126.4 % |
Interest | Rs. 15.21 Cr | Rs. 10.85 Cr | Rs. 11.66 Cr | + 7.47 % | -23.34 % |
Depreciation | Rs. 6.17 Cr | Rs. 6.03 Cr | Rs. 6.78 Cr | + 12.44 % | + 9.89 % |
Profit before tax | Rs. -15.23 Cr | Rs. 56.04 Cr | Rs. 27.78 Cr | -50.43 % | + 282.4 % |
Tax % | -19.83 % | 25.73 % | 25.02 % | -0.71 % | + 44.85 % |
Net Profit | Rs. -12.21 Cr | Rs. 41.62 Cr | Rs. 20.83 Cr | -49.95 % | + 270.6 % |
EPS in Rs | Rs. -0.95 | Rs. 2.8 | Rs. 1.4 | -50 % | + 247.37 % |
Today, we’re looking at Transformers and Rectifiers (India) Limited’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 106.98 %. However, it did see a marginal slip of -37.2 % from the previous quarter. Expenses decreased slightly by -36.56 % quarter-on-quarter, aligning with the annual rise of 85.06 %. Operating profit, while up 865.45 % compared to last year, faced a quarter-on-quarter dip of -41.09 %, 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 10.29 %, but a shrinkage of -0.87 % sequentially. Other income rose by 210 % compared to the last quarter, despite an annual growth of 126.4 %. Interest expenses surged remarkably by 7.47 % from the previous quarter, yet the year-over-year decrease remains at a moderate -23.34 %. Depreciation costs climbed by 12.44 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 9.89 %. Profit before tax grew annually by 282.4 % but saw a reduction from the preceding quarter by -50.43 %.
Tax expenses as a percentage of profits increased slightly by 44.85 % compared to last year, with a more notable quarter-on-quarter decrease of -0.71 %. Net profit rose by 270.6 % year-on-year but witnessed a -49.95 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 247.37 % but a quarterly fall of -50 %. In summary, Transformers and Rectifiers (India) 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. 155.57 Cr | Rs. 512.7 Cr | Rs. 322 Cr | -37.2 % | + 106.98 % |
Expenses | Rs. 151.2 Cr | Rs. 441.08 Cr | Rs. 279.81 Cr | -36.56 % | + 85.06 % |
Operating Profit | Rs. 4.37 Cr | Rs. 71.62 Cr | Rs. 42.19 Cr | -41.09 % | + 865.45 % |
Net Profit | Rs. -12.21 Cr | Rs. 41.62 Cr | Rs. 20.83 Cr | -49.95 % | + 270.6 % |
EPS in Rs | Rs. -0.95 | Rs. 2.8 | Rs. 1.4 | -50 % | + 247.37 % |
In reviewing Transformers and Rectifiers (India) Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 106.98 % year-on-year growth, although there was a slight dip of -37.2 % from the previous quarter. Expenses rose by 85.06 % compared to the previous year, with a decrease of -36.56 % quarter-on-quarter. Operating Profit surged by 865.45 % annually, and saw a -41.09 % decrease from the last quarter.
Net Profit showed yearly increase of 270.6 %, and experienced a -49.95 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 247.37 % annually, however dipped by -50 % compared to the last quarter. In essence, while Transformers and Rectifiers (India) Limited exhibits strong annual growth indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.