Share the post "Mayur Floorings : Q4 2024 Financial Quarterly Report : YoY Sales Up 100.9 %, QoQ Up 44.03 %"
Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 100.9 % in the past year, substantial increase in net sales/revenue by 44.03 %.
- Income over the Year and quarter:
- Profit over the Year and quarter: Challenges in sustaining profitability for Mayur Floorings Ltd.. Profit dropped by -414.29 % Year to Year, Mayur Floorings Ltd.’s profitability increased by 46.67 % in this quarter.
- EPS over the Year and quarter: EPS declined by -2,600.00 % Year to Year. EPS increased by 1566.67 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 0.666 Cr | Rs. 0.929 Cr | Rs. 1.338 Cr | + 44.03 % | + 100.9 % |
Expenses | Rs. 0.61 Cr | Rs. 0.83 Cr | Rs. 1.22 Cr | + 46.99 % | + 100 % |
Operating Profit | Rs. 0.06 Cr | Rs. 0.1 Cr | Rs. 0.12 Cr | + 20 % | + 100 % |
OPM % | 9.01 % | 10.76 % | 8.97 % | -1.79 % | -0.04 % |
Other Income | Rs. -0 Cr | Rs. 0.01 Cr | Rs. -0 Cr | 0 % | 0 % |
Interest | Rs. 0.02 Cr | Rs. 0.05 Cr | Rs. 0.05 Cr | + 0 % | + 150 % |
Depreciation | Rs. 0.01 Cr | Rs. 0.03 Cr | Rs. 0.04 Cr | + 33.33 % | + 300 % |
Profit before tax | Rs. 0.03 Cr | Rs. 0.03 Cr | Rs. 0.03 Cr | + 0 % | + 0 % |
Tax % | 125.93 % | 21.05 % | 15.38 % | -5.67 % | -110.55 % |
Net Profit | Rs. -0.01 Cr | Rs. 0.02 Cr | Rs. 0.02 Cr | + 0 % | + 300 % |
EPS in Rs | Rs. -0.02 | Rs. 0.03 | Rs. 0.5 | + 1566.67 % | + 2600 % |
Today, we’re looking at Mayur Floorings Ltd.’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 100.9 %. However, it did see a marginal increase of 44.03 % from the previous quarter. Expenses ticked up slightly by 46.99 % quarter-on-quarter, aligning with the annual rise of 100 %. Operating profit, while up 100 % compared to last year, faced a quarter-on-quarter increase of 20 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -0.04 %, but a shrinkage of -1.79 % sequentially. Interest expenses surged remarkably by 0 % from the previous quarter, yet the year-over-year increase remains at a moderate 150 %. Depreciation costs climbed by 33.33 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 300 %. Profit before tax grew annually by 0 % but saw an increase from the preceding quarter by 0 %.
Tax expenses as a percentage of profits decreased slightly by -110.55 % compared to last year, with a more notable quarter-on-quarter decrease of -5.67 %. Net profit rose by 300 % year-on-year but experienced a 0 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 2600 % but a quarterly rise of 1566.67 %. In summary, Mayur Floorings 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. 0.666 Cr | Rs. 0.929 Cr | Rs. 1.338 Cr | + 44.03 % | + 100.9 % |
Expenses | Rs. 0.61 Cr | Rs. 0.83 Cr | Rs. 1.22 Cr | + 46.99 % | + 100 % |
Operating Profit | Rs. 0.06 Cr | Rs. 0.1 Cr | Rs. 0.12 Cr | + 20 % | + 100 % |
Net Profit | Rs. -0.01 Cr | Rs. 0.02 Cr | Rs. 0.02 Cr | + 0 % | + 300 % |
EPS in Rs | Rs. -0.02 | Rs. 0.03 | Rs. 0.5 | + 1566.67 % | + 2600 % |
In reviewing Mayur Floorings Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 100.9 % year-on-year growth, however, there was a minor increase of 44.03 % from the previous quarter. Expenses rose by 100 % compared to the previous year, with a 46.99 % increase quarter-on-quarter. Operating Profit surged by 100 % annually, and saw a 20 % increase from the last quarter.
Net Profit showed yearly increase of 300 %, and experienced a 0 % increase from the previous quarter. Earnings Per Share (EPS) rose by 2600 % annually, however rose by 1566.67 % compared to the last quarter. In essence, while Mayur Floorings Ltd. exhibits strong annual growth indicators, short-term improvements suggest the potential for recovery and the importance of strategic adjustments to counter market challenges effectively. That’s all for now in the financial sector.
30
3-Year Profit
-4
5-Year Profit
20
10-Year Profit
13.3
Current Price
6.73
Market Cap
The company associated with BSE code 531221 presents a financial narrative of mixed fortunes. Over a five-year period, the company achieved a profit of -4 percents, which subsequently rose to 30 percents over the three years that followed. Yet, despite this initial growth, the company now faces a troubling trailing twelve-month (TTM) profit loss of 40 percents. What’s particularly striking is the company’s complete absence of reported sales across all analyzed periods, which brings into question the viability of its revenue generation strategies and long-term business sustainability. Moreover, stock prices have been highly volatile, reflecting the company’s uncertain future. While the stock was valued at 25 percents over the last five years, it has recently dropped to 44 percents, underscoring a rapid decline in market confidence. Over the longer ten-year period, the stock price was at 0 percents, illustrating a pattern of fluctuating performance that could pose risks for potential investors.
Currently valued at ₹6.73 crore, the company's stock price stands at ₹13.3. Over the years, it has seen significant fluctuations, with its price ranging from ₹15.5 / 8.50, a reflection of its sensitivity to market conditions and investor sentiment. The stock's Price-to-Earnings (P/E) ratio, currently at , suggests that it is highly valued in comparison to its earnings, possibly indicating strong future growth expectations or a high level of investor confidence. The book value per share is ₹8.97, which represents the net asset value of the company per share. The dividend yield of 0.00% provides some return to investors, though it may not be the primary attraction for those investing in the stock. The company's Return on Capital Employed (ROCE) is %, pointing to efficient use of its capital base to generate profits. The Return on Equity (ROE), at %, highlights the profitability for shareholders. The company's financial health is further underscored by its very low debt-to-equity ratio of 0.27, signaling conservative financial management. However, the net cash flow is negative at ₹ crore, indicating possible liquidity concerns or heavy investment. The Piotroski score of 0.00 provides a snapshot of its financial stability, while the Graham Number, estimated at ₹, offers an intrinsic value benchmark. With a Price-to-Book (P/B) ratio of 1.48, the stock seems to be trading at a premium relative to its book value, which could signal strong market expectations or overvaluation risks.