Indian Toners & Developers Quarterly Results

Charts

YoY Net Sales (Quarterly)

Operating Margin

EPS Growth

POSITIVES

Revenue growth has been consistent, peaking at ₹39.68 Crore in Q4 2022, up from ₹33.75 Crore in Q1 2022.
Net profit surged to ₹7.57 Crore in Q4 2022, showcasing strong profitability compared to ₹5.99 Crore in Q3 2022.
Operating profit margin remained robust, averaging around 17-18% over the last four quarters.

NEGATIVES

Expenses increased significantly to ₹58.38 Crore in Q4 2022 from ₹56.60 Crore in Q3 2022, impacting profitability.
Material costs rose, indicating potential pressure on margins due to inflationary pressures.
The tax burden increased in Q4 2022, showing a tax rate of 6.98% compared to 25.61% in Q3 2022, affecting net profit.

Field	Mar 21	Jun 21	Sep 21	Dec 21	Mar 22	Jun 22	Sep 22	Dec 22
Revenue	30.02	21.40	32.53	31.92	33.75	33.99	39.48	39.68
Expenses	25.18	19.51	25.66	26.11	27.46	28.04	31.60	32.53
Operating Profit	4.84	1.89	6.87	5.82	6.30	5.94	7.88	7.15
Other Income	0.75	1.18	1.23	1.10	0.90	1.19	0.17	0.98
Interest	0.03	0.05	0.04	0.01	0.05	0.02	-0	0.01
Depreciation	1.03	1.06	1.05	1.05	0.97	0.80	0.82	0.96
Profit Before Tax	5.59	3.06	8.09	6.92	7.20	7.13	8.05	8.13
Tax	2.31	0.72	2.50	1.95	-0.65	1.43	2.06	0.57
Net Profit	3.28	2.34	5.59	4.96	7.85	5.70	5.99	7.57
Eps in Rs	2.50	1.78	5.21	4.62	7.48	5.26	5.52	6.97