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Highlights
- The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 91.9 % in the past year, substantial increase in net sales/revenue by 1216.59 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -49.4 %, Marginal decrease of -84.42% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Mahindra Lifespace Developers Limited. Profit dropped by -398.36 % Year to Year, Mahindra Lifespace Developers Limited’s profitability dropped by -82.18 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -392.86 % Year to Year. EPS decreased by -82.25 % in previous quarter. Analysis needed for shareholder value.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 98.04 Cr | Rs. 14.29 Cr | Rs. 188.14 Cr | + 1216.59 % | + 91.9 % |
Expenses | Rs. 141.15 Cr | Rs. 68.39 Cr | Rs. 229.72 Cr | + 235.9 % | + 62.75 % |
Operating Profit | Rs. -43.11 Cr | Rs. -54.1 Cr | Rs. -41.58 Cr | + 23.14 % | + 3.55 % |
OPM % | -43.97 % | -378.59 % | -22.1 % | + 356.49 % | + 21.87 % |
Other Income | Rs. 36.68 Cr | Rs. 119.11 Cr | Rs. 18.56 Cr | -84.42 % | -49.4 % |
Interest | Rs. 4.21 Cr | Rs. 2.61 Cr | Rs. 6.02 Cr | + 130.65 % | + 42.99 % |
Depreciation | Rs. 2.98 Cr | Rs. 3.82 Cr | Rs. 4.34 Cr | + 13.61 % | + 45.64 % |
Profit before tax | Rs. -13.62 Cr | Rs. 58.58 Cr | Rs. -33.38 Cr | -156.98 % | -145.08 % |
Tax % | -24.42 % | -63.8 % | -28.94 % | + 34.86 % | -4.52 % |
Net Profit | Rs. -4.27 Cr | Rs. 71.48 Cr | Rs. 12.74 Cr | -82.18 % | + 398.36 % |
EPS in Rs | Rs. -0.28 | Rs. 4.61 | Rs. 0.82 | -82.21 % | + 392.86 % |
Today, we’re looking at Mahindra Lifespace Developers Limited’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 91.9 %. However, it did see a marginal increase of 1216.59 % from the previous quarter. Expenses ticked up slightly by 235.9 % quarter-on-quarter, aligning with the annual rise of 62.75 %. Operating profit, while up 3.55 % compared to last year, faced a quarter-on-quarter increase of 23.14 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 21.87 %, but an expansion of 356.49 % sequentially. Other income fell by -84.42 % compared to the last quarter, despite an annual decline of -49.4 %. Interest expenses surged remarkably by 130.65 % from the previous quarter, yet the year-over-year increase remains at a moderate 42.99 %. Depreciation costs climbed by 13.61 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 45.64 %. Profit before tax declined annually by -145.08 % but saw a reduction from the preceding quarter by -156.98 %.
Tax expenses as a percentage of profits decreased slightly by -4.52 % compared to last year, with a more notable quarter-on-quarter increase of 34.86 %. Net profit rose by 398.36 % year-on-year but witnessed a -82.18 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 392.86 % but a quarterly fall of -82.21 %. In summary, Mahindra Lifespace Developers Limited’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. 98.04 Cr | Rs. 14.29 Cr | Rs. 188.14 Cr | + 1216.59 % | + 91.9 % |
Expenses | Rs. 141.15 Cr | Rs. 68.39 Cr | Rs. 229.72 Cr | + 235.9 % | + 62.75 % |
Operating Profit | Rs. -43.11 Cr | Rs. -54.1 Cr | Rs. -41.58 Cr | + 23.14 % | + 3.55 % |
Net Profit | Rs. -4.27 Cr | Rs. 71.48 Cr | Rs. 12.74 Cr | -82.18 % | + 398.36 % |
EPS in Rs | Rs. -0.28 | Rs. 4.61 | Rs. 0.82 | -82.21 % | + 392.86 % |
In reviewing Mahindra Lifespace Developers Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 91.9 % year-on-year growth, however, there was a minor increase of 1216.59 % from the previous quarter. Expenses rose by 62.75 % compared to the previous year, with a 235.9 % increase quarter-on-quarter. Operating Profit surged by 3.55 % annually, and saw a 23.14 % increase from the last quarter.
Net Profit showed yearly increase of 398.36 %, and experienced a -82.18 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 392.86 % annually, however dipped by -82.21 % compared to the last quarter. In essence, while Mahindra Lifespace Developers Limited exhibits strong annual growth indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.