Titan Intech Reports Outstanding Q1 FY25 Results, Records 42.5% Growth in Net Sales

Titan Intech, a microcap company in the textile industry, has recently announced its financial results for the quarter ending June 2024. The company has shown an outstanding performance with a score of 33, which is a significant improvement from its previous score of 26 in the last three months.

One of the key factors contributing to this success is the company’s net sales, which have been consistently growing each quarter in the last five quarters. In the current quarter, the net sales have reached a record high of Rs 13.48 crore, showing a growth of 42.5% compared to the average net sales of the previous four quarters. This positive trend in sales is expected to continue in the near future.

The operating profit (PBDIT) for the quarter has also seen a significant increase, reaching a high of Rs 3.38 crore. This trend has been consistent in the last five quarters, indicating a positive outlook for the company’s profitability. Similarly, the profit before tax (PBT) and profit after tax (PAT) have also shown a steady growth, with the current quarter recording the highest figures of Rs 2.24 crore and Rs 1.90 crore respectively.

The company’s efficiency has also improved, as seen in the operating profit margin, which has reached a high of 25.07% in the last five quarters. This indicates that Titan Intech has been able to manage its expenses effectively, resulting in higher profitability for the company. Additionally, the earnings per share (EPS) have also increased, reaching a high of Rs 1.65 in the last five quarters.

Another positive aspect of the company’s financials is its debtors turnover ratio, which has reached a high of 6.20 times in the last five half-yearly periods. This shows that Titan Intech has been able to collect its dues from customers at a faster rate, improving its cash flow and financial stability.

Based on these impressive financial results, MarketsMOJO has given a ‘Sell’ call for Titan Intech’s stock. With a strong performance in the current quarter and positive trends in key financial indicators, Titan Intech is poised for growth in the near future.