Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 13.89 % in the past year, substantial increase in net sales/revenue by 11.66 %.
- 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 961.54 %. Marginal increase in other income during this quarter, up by 111.32%.
- Profit over the Year and quarter: Challenges in sustaining profitability for TVS Electronics Ltd.. Profit dropped by -62.25 % Year to Year, TVS Electronics Ltd.’s profitability dropped by -132.76 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -62.96 % Year to Year. EPS decreased by -132.26 % 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. 85.24 Cr | Rs. 86.94 Cr | Rs. 97.08 Cr | + 11.66 % | + 13.89 % |
Expenses | Rs. 82.08 Cr | Rs. 86.43 Cr | Rs. 94.48 Cr | + 9.31 % | + 15.11 % |
Operating Profit | Rs. 3.16 Cr | Rs. 0.51 Cr | Rs. 2.6 Cr | + 409.8 % | -17.72 % |
OPM % | 3.71 % | 0.59 % | 2.68 % | + 2.09 % | -1.03 % |
Other Income | Rs. -0.13 Cr | Rs. 0.53 Cr | Rs. 1.12 Cr | + 111.32 % | + 961.54 % |
Interest | Rs. 0.17 Cr | Rs. 0.48 Cr | Rs. 0.69 Cr | + 43.75 % | + 305.88 % |
Depreciation | Rs. 0.73 Cr | Rs. 2.81 Cr | Rs. 3.12 Cr | + 11.03 % | + 327.4 % |
Profit before tax | Rs. 2.13 Cr | Rs. -2.25 Cr | Rs. -0.09 Cr | + 96 % | -104.23 % |
Tax % | 29.11 % | -22.67 % | -733.33 % | -710.66 % | -762.44 % |
Net Profit | Rs. 1.51 Cr | Rs. -1.74 Cr | Rs. 0.57 Cr | + 132.76 % | -62.25 % |
EPS in Rs | Rs. 0.81 | Rs. -0.93 | Rs. 0.3 | + 132.26 % | -62.96 % |
Today, we’re looking at TVS Electronics 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 13.89 %. However, it did see a marginal increase of 11.66 % from the previous quarter. Expenses ticked up slightly by 9.31 % quarter-on-quarter, aligning with the annual rise of 15.11 %. Operating profit, while down -17.72 % compared to last year, faced a quarter-on-quarter increase of 409.8 %, 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 -1.03 %, but an expansion of 2.09 % sequentially. Other income rose by 111.32 % compared to the last quarter, despite an annual growth of 961.54 %. Interest expenses surged remarkably by 43.75 % from the previous quarter, yet the year-over-year increase remains at a moderate 305.88 %. Depreciation costs climbed by 11.03 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 327.4 %. Profit before tax declined annually by -104.23 % but saw an increase from the preceding quarter by 96 %.
Tax expenses as a percentage of profits decreased slightly by -762.44 % compared to last year, with a more notable quarter-on-quarter decrease of -710.66 %. Net profit fell by -62.25 % year-on-year but experienced a 132.76 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -62.96 % but a quarterly rise of 132.26 %. In summary, TVS Electronics 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. 85.24 Cr | Rs. 86.94 Cr | Rs. 97.08 Cr | + 11.66 % | + 13.89 % |
Expenses | Rs. 82.08 Cr | Rs. 86.43 Cr | Rs. 94.48 Cr | + 9.31 % | + 15.11 % |
Operating Profit | Rs. 3.16 Cr | Rs. 0.51 Cr | Rs. 2.6 Cr | + 409.8 % | -17.72 % |
Net Profit | Rs. 1.51 Cr | Rs. -1.74 Cr | Rs. 0.57 Cr | + 132.76 % | -62.25 % |
EPS in Rs | Rs. 0.81 | Rs. -0.93 | Rs. 0.3 | + 132.26 % | -62.96 % |
In reviewing TVS Electronics Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 13.89 % year-on-year growth, however, there was a minor increase of 11.66 % from the previous quarter. Expenses rose by 15.11 % compared to the previous year, with a 9.31 % increase quarter-on-quarter. Operating Profit dropped by -17.72 % annually, and saw a 409.8 % increase from the last quarter.
Net Profit showed yearly decrease of -62.25 %, and experienced a 132.76 % increase from the previous quarter. Earnings Per Share (EPS) fell by -62.96 % annually, however rose by 132.26 % compared to the last quarter. In essence, while TVS Electronics 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.