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Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 2.86 % in the past year, substantial increase in net sales/revenue by 14.83 %.
- 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 151.81 %. Marginal increase in other income during this quarter, up by 129.15%.
- Profit over the Year and quarter: Significant improvement in profitability for TTK Healthcare Limited. Notable increase of 101.51 % in net profit Year to Year, TTK Healthcare Limited’s profitability increased by 72.81 % in this quarter.
- EPS over the Year and quarter: EPS increased by 101.53 % Year to Year. EPS increased by 72.85 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 202.124 Cr | Rs. 181.056 Cr | Rs. 207.902 Cr | + 14.83 % | + 2.86 % |
Expenses | Rs. 192.08 Cr | Rs. 168.64 Cr | Rs. 200.99 Cr | + 19.18 % | + 4.64 % |
Operating Profit | Rs. 10.04 Cr | Rs. 12.42 Cr | Rs. 6.91 Cr | -44.36 % | -31.18 % |
OPM % | 4.97 % | 6.86 % | 3.32 % | -3.54 % | -1.65 % |
Other Income | Rs. 14.613 Cr | Rs. 16.058 Cr | Rs. 36.797 Cr | + 129.15 % | + 151.81 % |
Interest | Rs. 0.86 Cr | Rs. 0.93 Cr | Rs. 0.86 Cr | -7.53 % | + 0 % |
Depreciation | Rs. 3.16 Cr | Rs. 3.32 Cr | Rs. 2.05 Cr | -38.25 % | -35.13 % |
Profit before tax | Rs. 20.63 Cr | Rs. 24.23 Cr | Rs. 40.8 Cr | + 68.39 % | + 97.77 % |
Tax % | 24.08 % | 24.58 % | 22.6 % | -1.98 % | -1.48 % |
Net Profit | Rs. 15.67 Cr | Rs. 18.27 Cr | Rs. 31.58 Cr | + 72.85 % | + 101.53 % |
EPS in Rs | Rs. 11.09 | Rs. 12.93 | Rs. 22.35 | + 72.85 % | + 101.53 % |
Today, we’re looking at TTK Healthcare 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 2.86 %. However, it did see a marginal increase of 14.83 % from the previous quarter. Expenses ticked up slightly by 19.18 % quarter-on-quarter, aligning with the annual rise of 4.64 %. Operating profit, while down -31.18 % compared to last year, faced a quarter-on-quarter dip of -44.36 %, 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 -1.65 %, but a shrinkage of -3.54 % sequentially. Other income rose by 129.15 % compared to the last quarter, despite an annual growth of 151.81 %. Interest expenses dropped significantly by -7.53 % from the previous quarter, yet the year-over-year increase remains at a moderate 0 %. Depreciation costs fell by -38.25 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -35.13 %. Profit before tax grew annually by 97.77 % but saw an increase from the preceding quarter by 68.39 %.
Tax expenses as a percentage of profits decreased slightly by -1.48 % compared to last year, with a more notable quarter-on-quarter decrease of -1.98 %. Net profit rose by 101.53 % year-on-year but experienced a 72.85 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 101.53 % but a quarterly rise of 72.85 %. In summary, TTK Healthcare 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. 202.124 Cr | Rs. 181.056 Cr | Rs. 207.902 Cr | + 14.83 % | + 2.86 % |
Expenses | Rs. 192.08 Cr | Rs. 168.64 Cr | Rs. 200.99 Cr | + 19.18 % | + 4.64 % |
Operating Profit | Rs. 10.04 Cr | Rs. 12.42 Cr | Rs. 6.91 Cr | -44.36 % | -31.18 % |
Net Profit | Rs. 15.67 Cr | Rs. 18.27 Cr | Rs. 31.58 Cr | + 72.85 % | + 101.53 % |
EPS in Rs | Rs. 11.09 | Rs. 12.93 | Rs. 22.35 | + 72.85 % | + 101.53 % |
In reviewing TTK Healthcare Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 2.86 % year-on-year growth, however, there was a minor increase of 14.83 % from the previous quarter. Expenses rose by 4.64 % compared to the previous year, with a 19.18 % increase quarter-on-quarter. Operating Profit dropped by -31.18 % annually, and saw a -44.36 % decrease from the last quarter.
Net Profit showed yearly increase of 101.53 %, and experienced a 72.85 % increase from the previous quarter. Earnings Per Share (EPS) rose by 101.53 % annually, however rose by 72.85 % compared to the last quarter. In essence, while TTK Healthcare Limited exhibits strong annual growth 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.