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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 14.01% in the past year Substantial increase in net sales/revenue by 3.83%.
- Income over the Year and quarter: There has been either a marginal increase or a decline in other income over the past year which is 10.77%Marginal increase in other income during this quarter, up by 85.81%.
- Profit over the Year and quarter: Significant improvement in profitability for Mahindra Logistics Limited. Notable increase of 1,056.31% in net profit Year to YearMahindra Logistics Limited’s profitability dropped by -30.39% Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 1,518.18% Year to Year.EPS decreased by -26.45%. Analysis needed for shareholder value.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 1272.51 Cr | Rs. 1397.23 Cr | Rs. 1450.76 Cr | + 3.83% | + 14.01% |
Expenses | Rs. 1208.79 Cr | Rs. 1345 Cr | Rs. 1394.15 Cr | + 3.65% | + 15.33% |
Operating Profit | Rs. 63.72 Cr | Rs. 52.23 Cr | Rs. 56.61 Cr | + 8.39% | -11.16% |
OPM % | 5.01 % | 3.74 % | 3.9 % | + 0.16% | -1.11% |
Other Income | Rs. 2.6 Cr | Rs. 1.55 Cr | Rs. 2.88 Cr | + 85.81% | + 10.77% |
Interest | Rs. 16.93 Cr | Rs. 16.42 Cr | Rs. 17.43 Cr | + 6.15% | + 2.95% |
Depreciation | Rs. 55.25 Cr | Rs. 51.46 Cr | Rs. 51.28 Cr | -0.35% | -7.19% |
Profit before tax | Rs. -5.86 Cr | Rs. -14.1 Cr | Rs. -9.22 Cr | + 34.61% | -57.34% |
Tax % | -104.32 % | -71.37 % | -29.18 % | + 42.19% | + 75.14% |
Net Profit | Rs. -1.03 Cr | Rs. -17.11 Cr | Rs. -11.91 Cr | + 30.39% | -1056.31% |
EPS in Rs | Rs. -0.11 | Rs. -2.42 | Rs. -1.78 | + 26.45% | -1518.18% |
Today, we’re looking at Mahindra Logistics Limited’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 14.01%. However, it did see a marginal increase of 3.83% from the previous quarter.Expenses ticked up slightly by 3.65% quarter-on-quarter, aligning with the annual rise of 15.33%. Operating profit, while down -11.16% compared to last year,faced a quarter-on-quarter increase of 8.39%, 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 -1.11%, but an expansion of 0.16% sequentially. Other income rose by 85.81% compared to the last quarter,despite an annual growth of 10.77%. Interest expenses surged remarkably by 6.15% from the previous quarter, yet the year-over-year increase remains at a moderate 2.95%. Depreciation costs fell by -0.35% quarter-on-quarter, yet on an annual scale, they experienced a reduction of -7.19%. Profit before tax declined annually by -57.34%but saw an increase from the preceding quarter by 34.61%.
Tax expenses as a percentage of profits increased slightly by 75.14% compared to last year, with a more notable quarter-on-quarter increase of 42.19%. Net profit fell by -1056.31% year-on-yearbut experienced a 30.39% expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -1518.18% but a quarterly rise of 26.45%. In summary, Mahindra Logistics 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. 1272.51 Cr | Rs. 1397.23 Cr | Rs. 1450.76 Cr | + 3.83% | + 14.01% |
Expenses | Rs. 1208.79 Cr | Rs. 1345 Cr | Rs. 1394.15 Cr | + 3.65% | + 15.33% |
Operating Profit | Rs. 63.72 Cr | Rs. 52.23 Cr | Rs. 56.61 Cr | + 8.39% | -11.16% |
Net Profit | Rs. -1.03 Cr | Rs. -17.11 Cr | Rs. -11.91 Cr | + 30.39% | -1056.31% |
EPS in Rs | Rs. -0.11 | Rs. -2.42 | Rs. -1.78 | + 26.45% | -1518.18% |
In reviewing Mahindra Logistics Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 13.62% year-on-year growth, however, there was a minor increase of 3.83% from the previous quarter. Expenses rose by 15.33% compared to the previous year, with a 3.65% increase quarter-on-quarter. Operating Profit dropped by -11.16% annually, and saw a 8.39% increase from the last quarter.
Net Profit showed yearly decrease of -1056.31%, and experienced a 30.39% increase from the previous quarter. Earnings Per Share (EPS) fell by -1518.18% annually, however rose by 26.45% compared to the last quarter. In essence, while Mahindra Logistics Limited faces strong annual decline 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.