The latest quarter’s financial data reveals that Taylormade Renewables recorded net sales of ₹15.03 crores over the last six months, showing a contraction of 57.17% relative to prior periods. The company’s profit after tax (PAT) for the quarter stood at a loss of ₹4.60 crores, representing a decline of 225.3%. Operating profitability also faced challenges, with PBDIT at its lowest level of ₹-10.17 crores and operating profit to net sales ratio at 0.00%, indicating a lack of margin expansion during this period.
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Further examination of the quarterly results shows that profit before tax less other income (PBT less OI) reached a low of ₹-10.84 crores, while earnings per share (EPS) for the quarter was recorded at ₹-3.71. These figures underscore the financial strain faced by Taylormade Renewables in the recent quarter, contrasting sharply with its historical performance.
From a market perspective, the stock price closed at ₹135.00, down 2.53% from the previous close of ₹138.50. The stock’s 52-week trading range spans from ₹126.00 to ₹406.95, reflecting significant volatility over the past year. Daily trading saw a high of ₹143.00 and a low of ₹134.55, indicating some intraday price fluctuations.
When compared with the broader market benchmark, the Sensex, Taylormade Renewables’ returns have diverged markedly. Over the past week, the stock declined by 9.79%, while the Sensex gained 0.96%. Monthly returns for the stock were down 24.35%, contrasting with a modest 0.86% rise in the Sensex. Year-to-date and one-year returns for Taylormade Renewables were negative at 58.97% and 59.64% respectively, whereas the Sensex posted positive returns of 8.36% and 9.48% over the same periods. However, the company’s longer-term performance over three and five years shows substantial gains of 483.15% and 2968.18%, far outpacing the Sensex’s 37.31% and 91.65% returns respectively.
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These financial and market indicators suggest a notable adjustment in the evaluation of Taylormade Renewables’ recent performance. The very negative financial trend parameter reflects the challenges faced in maintaining revenue growth and margin stability in the current quarter. Investors and market participants may consider these developments in the context of the company’s historical resilience and sector dynamics.
Overall, Taylormade Renewables’ recent quarterly results highlight a period of financial contraction and margin pressure, contrasting with its strong long-term returns. The company’s current market valuation and performance metrics warrant close observation as the industrial manufacturing sector navigates evolving economic conditions.
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