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Highlights
- Sales over the Year and quarter: The company’s sales declined by -43.86 % over the year, decrease in net sales/revenue by -36.13 %.
- 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 69.15 %. Marginal increase in other income during this quarter, up by 4.61%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Tyche Industries Ltd.. Profit dropped by -48.78 % Year to Year, Tyche Industries Ltd.’s profitability dropped by -50.97 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -51.92 % Year to Year. EPS decreased by -55.02 % 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. 25.288 Cr | Rs. 22.225 Cr | Rs. 14.196 Cr | -36.13 % | -43.86 % |
Expenses | Rs. 20.13 Cr | Rs. 17.39 Cr | Rs. 12.32 Cr | -29.15 % | -38.8 % |
Operating Profit | Rs. 5.16 Cr | Rs. 4.84 Cr | Rs. 1.88 Cr | -61.16 % | -63.57 % |
OPM % | 20.4 % | 21.78 % | 13.24 % | -8.54 % | -7.16 % |
Other Income | Rs. 0.94 Cr | Rs. 1.52 Cr | Rs. 1.59 Cr | + 4.61 % | + 69.15 % |
Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Depreciation | Rs. 0.48 Cr | Rs. 0.48 Cr | Rs. 0.54 Cr | + 12.5 % | + 12.5 % |
Profit before tax | Rs. 5.62 Cr | Rs. 5.88 Cr | Rs. 2.93 Cr | -50.17 % | -47.86 % |
Tax % | 27.01 % | 26.91 % | 28.43 % | + 1.52 % | + 1.42 % |
Net Profit | Rs. 4.1 Cr | Rs. 4.29 Cr | Rs. 2.1 Cr | -51.05 % | -48.78 % |
EPS in Rs | Rs. 3.91 | Rs. 4.18 | Rs. 1.88 | -55.02 % | -51.92 % |
Today, we’re looking at Tyche Industries Ltd.’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -43.86 %. However, it did see a marginal slip of -36.13 % from the previous quarter. Expenses decreased slightly by -29.15 % quarter-on-quarter, aligning with the annual decline of -38.8 %. Operating profit, while down -63.57 % compared to last year, faced a quarter-on-quarter dip of -61.16 %, 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 -7.16 %, but a shrinkage of -8.54 % sequentially. Other income rose by 4.61 % compared to the last quarter, despite an annual growth of 69.15 %. Depreciation costs climbed by 12.5 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 12.5 %. Profit before tax declined annually by -47.86 % but saw a reduction from the preceding quarter by -50.17 %.
Tax expenses as a percentage of profits increased slightly by 1.42 % compared to last year, with a more notable quarter-on-quarter increase of 1.52 %. Net profit fell by -48.78 % year-on-year but witnessed a -51.05 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -51.92 % but a quarterly fall of -55.02 %. In summary, Tyche Industries 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. 25.288 Cr | Rs. 22.225 Cr | Rs. 14.196 Cr | -36.13 % | -43.86 % |
Expenses | Rs. 20.13 Cr | Rs. 17.39 Cr | Rs. 12.32 Cr | -29.15 % | -38.8 % |
Operating Profit | Rs. 5.16 Cr | Rs. 4.84 Cr | Rs. 1.88 Cr | -61.16 % | -63.57 % |
Net Profit | Rs. 4.1 Cr | Rs. 4.29 Cr | Rs. 2.1 Cr | -51.05 % | -48.78 % |
EPS in Rs | Rs. 3.91 | Rs. 4.18 | Rs. 1.88 | -55.02 % | -51.92 % |
In reviewing Tyche Industries Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -43.86 % year-on-year, although there was a slight dip of -36.13 % from the previous quarter. Expenses decreased by -38.8 % compared to the previous year, with a decrease of -29.15 % quarter-on-quarter. Operating Profit dropped by -63.57 % annually, and saw a -61.16 % decrease from the last quarter.
Net Profit showed yearly decrease of -48.78 %, and experienced a -51.05 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -51.92 % annually, however dipped by -55.02 % compared to the last quarter. In essence, while Tyche Industries Ltd. faces strong annual decline indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.