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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’s sales declined by -6.35 % over the year, substantial increase in net sales/revenue by 2.46 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -5.94 %, Marginal increase in other income during this quarter, up by 129.13%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Transpek Industry Ltd.,. Profit dropped by -41.39 % Year to Year, Transpek Industry Ltd.,’s profitability increased by 64.79 % in this quarter.
- EPS over the Year and quarter: EPS declined by -41.40 % Year to Year. EPS increased by 64.82 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 162.163 Cr | Rs. 148.208 Cr | Rs. 151.861 Cr | + 2.46 % | -6.35 % |
Expenses | Rs. 139.65 Cr | Rs. 129.44 Cr | Rs. 135.84 Cr | + 4.94 % | -2.73 % |
Operating Profit | Rs. 22.51 Cr | Rs. 18.77 Cr | Rs. 16.02 Cr | -14.65 % | -28.83 % |
OPM % | 13.88 % | 12.66 % | 10.55 % | -2.11 % | -3.33 % |
Other Income | Rs. 11.673 Cr | Rs. 4.792 Cr | Rs. 10.98 Cr | + 129.13 % | -5.94 % |
Interest | Rs. 4.15 Cr | Rs. 3.49 Cr | Rs. 3.01 Cr | -13.75 % | -27.47 % |
Depreciation | Rs. 8.78 Cr | Rs. 11.33 Cr | Rs. 12.32 Cr | + 8.74 % | + 40.32 % |
Profit before tax | Rs. 21.25 Cr | Rs. 8.74 Cr | Rs. 11.67 Cr | + 33.52 % | -45.08 % |
Tax % | 25.43 % | 35.51 % | 20.35 % | -15.16 % | -5.08 % |
Net Profit | Rs. 15.85 Cr | Rs. 5.64 Cr | Rs. 9.29 Cr | + 64.72 % | -41.39 % |
EPS in Rs | Rs. 28.38 | Rs. 10.09 | Rs. 16.63 | + 64.82 % | -41.4 % |
Today, we’re looking at Transpek Industry Ltd.,’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -6.35 %. However, it did see a marginal increase of 2.46 % from the previous quarter. Expenses ticked up slightly by 4.94 % quarter-on-quarter, aligning with the annual decline of -2.73 %. Operating profit, while down -28.83 % compared to last year, faced a quarter-on-quarter dip of -14.65 %, 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 -3.33 %, but a shrinkage of -2.11 % sequentially. Other income rose by 129.13 % compared to the last quarter, despite an annual decline of -5.94 %. Interest expenses dropped significantly by -13.75 % from the previous quarter, yet the year-over-year decrease remains at a moderate -27.47 %. Depreciation costs climbed by 8.74 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 40.32 %. Profit before tax declined annually by -45.08 % but saw an increase from the preceding quarter by 33.52 %.
Tax expenses as a percentage of profits decreased slightly by -5.08 % compared to last year, with a more notable quarter-on-quarter decrease of -15.16 %. Net profit fell by -41.39 % year-on-year but experienced a 64.72 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -41.4 % but a quarterly rise of 64.82 %. In summary, Transpek Industry 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. 162.163 Cr | Rs. 148.208 Cr | Rs. 151.861 Cr | + 2.46 % | -6.35 % |
Expenses | Rs. 139.65 Cr | Rs. 129.44 Cr | Rs. 135.84 Cr | + 4.94 % | -2.73 % |
Operating Profit | Rs. 22.51 Cr | Rs. 18.77 Cr | Rs. 16.02 Cr | -14.65 % | -28.83 % |
Net Profit | Rs. 15.85 Cr | Rs. 5.64 Cr | Rs. 9.29 Cr | + 64.72 % | -41.39 % |
EPS in Rs | Rs. 28.38 | Rs. 10.09 | Rs. 16.63 | + 64.82 % | -41.4 % |
In reviewing Transpek Industry Ltd.,’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -6.35 % year-on-year, however, there was a minor increase of 2.46 % from the previous quarter. Expenses decreased by -2.73 % compared to the previous year, with a 4.94 % increase quarter-on-quarter. Operating Profit dropped by -28.83 % annually, and saw a -14.65 % decrease from the last quarter.
Net Profit showed yearly decrease of -41.39 %, and experienced a 64.72 % increase from the previous quarter. Earnings Per Share (EPS) fell by -41.4 % annually, however rose by 64.82 % compared to the last quarter. In essence, while Transpek Industry Ltd., 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.
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