Titan Company Reports Negative Performance in Q1 FY25, Concerns Over Profitability and Borrowings
Titan Company, a leading jewellery company in the largecap industry, recently announced its financial results for the quarter ending June 2024. According to the latest report, the company has seen a negative performance in this quarter, with the score remaining the same for the past three months.
Despite this, there are some positive aspects to Titan Company’s financials. The company has shown a strong operating cash flow annually, with a growth rate in the last three years. This indicates that the company has generated higher cash revenues from its business operations.
However, there are also some areas of concern for Titan Company. The operating profit to interest ratio for this quarter is at its lowest in the last five quarters, showing a decline each quarter. This suggests that the company’s ability to manage interest payments is deteriorating.
Moreover, the profit before tax (PBT) has fallen by 16.6% compared to the average PBT of the previous four quarters. The trend for PBT in the near term is also negative. Similarly, the profit after tax (PAT) has also fallen by 18.1% compared to the average PAT of the previous four quarters, with a negative trend in the near term.
Another worrying factor is the rising interest cost, which has increased by 14.43% quarter on quarter. This signifies that the company has taken on more borrowings, which could lead to a stressed liquidity situation.
In addition, the earnings per share (EPS) for this quarter is at its lowest in the last five quarters, indicating a decline in profitability and lower earnings for shareholders. The debt-equity ratio for the last five half-yearly periods is also at its highest, showing that the company is borrowing more to fund its operations.
Overall, Titan Company’s financial performance for the quarter ending June 2024 has been negative, with some concerning trends. Investors should take note of these factors before making any investment decisions.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
