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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 49.59 % in the past year, decrease in net sales/revenue by -21.51 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -17.98 %, Marginal decrease of -81.9% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Transwarranty Finance Limited. Profit dropped by -63.79 % Year to Year, Transwarranty Finance Limited’s profitability dropped by -114.15 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -57.89 % Year to Year. EPS decreased by -108.16 % 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. 2.688 Cr | Rs. 5.123 Cr | Rs. 4.021 Cr | -21.51 % | + 49.59 % |
| Expenses | Rs. 2.76 Cr | Rs. 2.3 Cr | Rs. 3.43 Cr | + 49.13 % | + 24.28 % |
| Operating Profit | Rs. -0.07 Cr | Rs. 2.82 Cr | Rs. 0.59 Cr | -79.08 % | + 942.86 % |
| OPM % | -2.6 % | 55.05 % | 14.67 % | -40.38 % | + 17.27 % |
| Other Income | Rs. 0.267 Cr | Rs. 1.21 Cr | Rs. 0.219 Cr | -81.9 % | -17.98 % |
| Interest | Rs. 1.15 Cr | Rs. 1.18 Cr | Rs. 1.11 Cr | -5.93 % | -3.48 % |
| Depreciation | Rs. 0.11 Cr | Rs. 0.13 Cr | Rs. 0.09 Cr | -30.77 % | -18.18 % |
| Profit before tax | Rs. -1.06 Cr | Rs. 2.72 Cr | Rs. -0.39 Cr | -114.34 % | + 63.21 % |
| Tax % | -0 % | 0.11 % | -0 % | -0.11 % | 0 % |
| Net Profit | Rs. -1.07 Cr | Rs. 2.73 Cr | Rs. -0.39 Cr | -114.29 % | + 63.55 % |
| EPS in Rs | Rs. -0.19 | Rs. 0.98 | Rs. -0.08 | -108.16 % | + 57.89 % |
Today, we’re looking at Transwarranty Finance 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 49.59 %. However, it did see a marginal slip of -21.51 % from the previous quarter. Expenses ticked up slightly by 49.13 % quarter-on-quarter, aligning with the annual rise of 24.28 %. Operating profit, while up 942.86 % compared to last year, faced a quarter-on-quarter dip of -79.08 %, 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 17.27 %, but a shrinkage of -40.38 % sequentially. Other income fell by -81.9 % compared to the last quarter, despite an annual decline of -17.98 %. Interest expenses dropped significantly by -5.93 % from the previous quarter, yet the year-over-year decrease remains at a moderate -3.48 %. Depreciation costs fell by -30.77 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -18.18 %. Profit before tax grew annually by 63.21 % but saw a reduction from the preceding quarter by -114.34 %.
with a more notable quarter-on-quarter decrease of -0.11 %. Net profit rose by 63.55 % year-on-year but witnessed a -114.29 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 57.89 % but a quarterly fall of -108.16 %. In summary, Transwarranty Finance 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. 2.688 Cr | Rs. 5.123 Cr | Rs. 4.021 Cr | -21.51 % | + 49.59 % |
| Expenses | Rs. 2.76 Cr | Rs. 2.3 Cr | Rs. 3.43 Cr | + 49.13 % | + 24.28 % |
| Operating Profit | Rs. -0.07 Cr | Rs. 2.82 Cr | Rs. 0.59 Cr | -79.08 % | + 942.86 % |
| Net Profit | Rs. -1.07 Cr | Rs. 2.73 Cr | Rs. -0.39 Cr | -114.29 % | + 63.55 % |
| EPS in Rs | Rs. -0.19 | Rs. 0.98 | Rs. -0.08 | -108.16 % | + 57.89 % |
In reviewing Transwarranty Finance Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 49.59 % year-on-year growth, although there was a slight dip of -21.51 % from the previous quarter. Expenses rose by 24.28 % compared to the previous year, with a 49.13 % increase quarter-on-quarter. Operating Profit surged by 942.86 % annually, and saw a -79.08 % decrease from the last quarter.
Net Profit showed yearly increase of 63.55 %, and experienced a -114.29 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 57.89 % annually, however dipped by -108.16 % compared to the last quarter. In essence, while Transwarranty Finance 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.
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