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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 0.51 % in the past year, decrease in net sales/revenue by -1.52 %.
- 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 32.4 %. Marginal increase in other income during this quarter, up by 1.01%.
- Profit over the Year and quarter: Significant improvement in profitability for TTK Healthcare Ltd.,. Notable increase of 7.84 % in net profit Year to Year, TTK Healthcare Ltd.,’s profitability increased by 41.71 % in this quarter.
- EPS over the Year and quarter: EPS increased by 7.84 % Year to Year. EPS increased by 41.62 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 180.137 Cr | Rs. 183.847 Cr | Rs. 181.056 Cr | -1.52 % | + 0.51 % |
Expenses | Rs. 164.97 Cr | Rs. 178.51 Cr | Rs. 168.64 Cr | -5.53 % | + 2.22 % |
Operating Profit | Rs. 15.17 Cr | Rs. 5.34 Cr | Rs. 12.42 Cr | + 132.58 % | -18.13 % |
OPM % | 8.42 % | 2.9 % | 6.86 % | + 3.96 % | -1.56 % |
Other Income | Rs. 12.13 Cr | Rs. 15.9 Cr | Rs. 16.06 Cr | + 1.01 % | + 32.4 % |
Interest | Rs. 0.95 Cr | Rs. 0.24 Cr | Rs. 0.93 Cr | + 287.5 % | -2.11 % |
Depreciation | Rs. 3.08 Cr | Rs. 3.31 Cr | Rs. 3.32 Cr | + 0.3 % | + 7.79 % |
Profit before tax | Rs. 23.27 Cr | Rs. 17.69 Cr | Rs. 24.23 Cr | + 36.97 % | + 4.13 % |
Tax % | 23.68 % | 27.15 % | 24.58 % | -2.57 % | + 0.9 % |
Net Profit | Rs. 16.94 Cr | Rs. 12.89 Cr | Rs. 18.27 Cr | + 41.74 % | + 7.85 % |
EPS in Rs | Rs. 11.99 | Rs. 9.13 | Rs. 12.93 | + 41.62 % | + 7.84 % |
Today, we’re looking at TTK Healthcare Ltd.,’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 0.51 %. However, it did see a marginal slip of -1.52 % from the previous quarter. Expenses decreased slightly by -5.53 % quarter-on-quarter, aligning with the annual rise of 2.22 %. Operating profit, while down -18.13 % compared to last year, faced a quarter-on-quarter increase of 132.58 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -1.56 %, but an expansion of 3.96 % sequentially. Other income rose by 1.01 % compared to the last quarter, despite an annual growth of 32.4 %. Interest expenses surged remarkably by 287.5 % from the previous quarter, yet the year-over-year decrease remains at a moderate -2.11 %. Depreciation costs climbed by 0.3 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 7.79 %. Profit before tax grew annually by 4.13 % but saw an increase from the preceding quarter by 36.97 %.
Tax expenses as a percentage of profits increased slightly by 0.9 % compared to last year, with a more notable quarter-on-quarter decrease of -2.57 %. Net profit rose by 7.85 % year-on-year but experienced a 41.74 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 7.84 % but a quarterly rise of 41.62 %. In summary, TTK Healthcare 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. 180.137 Cr | Rs. 183.847 Cr | Rs. 181.056 Cr | -1.52 % | + 0.51 % |
Expenses | Rs. 164.97 Cr | Rs. 178.51 Cr | Rs. 168.64 Cr | -5.53 % | + 2.22 % |
Operating Profit | Rs. 15.17 Cr | Rs. 5.34 Cr | Rs. 12.42 Cr | + 132.58 % | -18.13 % |
Net Profit | Rs. 16.94 Cr | Rs. 12.89 Cr | Rs. 18.27 Cr | + 41.74 % | + 7.85 % |
EPS in Rs | Rs. 11.99 | Rs. 9.13 | Rs. 12.93 | + 41.62 % | + 7.84 % |
In reviewing TTK Healthcare Ltd.,’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 0.51 % year-on-year growth, although there was a slight dip of -1.52 % from the previous quarter. Expenses rose by 2.22 % compared to the previous year, with a decrease of -5.53 % quarter-on-quarter. Operating Profit dropped by -18.13 % annually, and saw a 132.58 % increase from the last quarter.
Net Profit showed yearly increase of 7.85 %, and experienced a 41.74 % increase from the previous quarter. Earnings Per Share (EPS) rose by 7.84 % annually, however rose by 41.62 % compared to the last quarter. In essence, while TTK Healthcare Ltd., 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.