Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 12.07 % in the past year, substantial increase in net sales/revenue by 6.46 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -80.71 %, Marginal decrease of -32.08% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for TVS Srichakra Ltd.,. Notable increase of 6.27 % in net profit Year to Year, TVS Srichakra Ltd.,’s profitability dropped by -1.29 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 6.30 % Year to Year. EPS decreased by -1.3 % 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. 682.85 Cr | Rs. 718.85 Cr | Rs. 765.3 Cr | + 6.46 % | + 12.07 % |
| Expenses | Rs. 627.58 Cr | Rs. 650.47 Cr | Rs. 688.1 Cr | + 5.79 % | + 9.64 % |
| Operating Profit | Rs. 55.27 Cr | Rs. 68.38 Cr | Rs. 77.2 Cr | + 12.9 % | + 39.68 % |
| OPM % | 8.09 % | 9.51 % | 10.09 % | + 0.58 % | + 2 % |
| Other Income | Rs. 5.6 Cr | Rs. 1.59 Cr | Rs. 1.08 Cr | -32.08 % | -80.71 % |
| Interest | Rs. 10.86 Cr | Rs. 10.19 Cr | Rs. 12.59 Cr | + 23.55 % | + 15.93 % |
| Depreciation | Rs. 23.34 Cr | Rs. 26.52 Cr | Rs. 27.51 Cr | + 3.73 % | + 17.87 % |
| Profit before tax | Rs. 26.67 Cr | Rs. 33.26 Cr | Rs. 38.18 Cr | + 14.79 % | + 43.16 % |
| Tax % | 16.31 % | 27.56 % | 22.48 % | -5.08 % | + 6.17 % |
| Net Profit | Rs. 22.32 Cr | Rs. 24.03 Cr | Rs. 23.72 Cr | -1.29 % | + 6.27 % |
| EPS in Rs | Rs. 29.22 | Rs. 31.47 | Rs. 31.06 | -1.3 % | + 6.3 % |
Today, we’re looking at TVS Srichakra 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 12.07 %. However, it did see a marginal increase of 6.46 % from the previous quarter. Expenses ticked up slightly by 5.79 % quarter-on-quarter, aligning with the annual rise of 9.64 %. Operating profit, while up 39.68 % compared to last year, faced a quarter-on-quarter increase of 12.9 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 2 %, but an expansion of 0.58 % sequentially. Other income fell by -32.08 % compared to the last quarter, despite an annual decline of -80.71 %. Interest expenses surged remarkably by 23.55 % from the previous quarter, yet the year-over-year increase remains at a moderate 15.93 %. Depreciation costs climbed by 3.73 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 17.87 %. Profit before tax grew annually by 43.16 % but saw an increase from the preceding quarter by 14.79 %.
Tax expenses as a percentage of profits increased slightly by 6.17 % compared to last year, with a more notable quarter-on-quarter decrease of -5.08 %. Net profit rose by 6.27 % year-on-year but witnessed a -1.29 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 6.3 % but a quarterly fall of -1.3 %. In summary, TVS Srichakra 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. 682.85 Cr | Rs. 718.85 Cr | Rs. 765.3 Cr | + 6.46 % | + 12.07 % |
| Expenses | Rs. 627.58 Cr | Rs. 650.47 Cr | Rs. 688.1 Cr | + 5.79 % | + 9.64 % |
| Operating Profit | Rs. 55.27 Cr | Rs. 68.38 Cr | Rs. 77.2 Cr | + 12.9 % | + 39.68 % |
| Net Profit | Rs. 22.32 Cr | Rs. 24.03 Cr | Rs. 23.72 Cr | -1.29 % | + 6.27 % |
| EPS in Rs | Rs. 29.22 | Rs. 31.47 | Rs. 31.06 | -1.3 % | + 6.3 % |
In reviewing TVS Srichakra Ltd.,’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 12.07 % year-on-year growth, however, there was a minor increase of 6.46 % from the previous quarter. Expenses rose by 9.64 % compared to the previous year, with a 5.79 % increase quarter-on-quarter. Operating Profit surged by 39.68 % annually, and saw a 12.9 % increase from the last quarter.
Net Profit showed yearly increase of 6.27 %, and experienced a -1.29 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 6.3 % annually, however dipped by -1.3 % compared to the last quarter. In essence, while TVS Srichakra 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.
