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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 84.45 % in the past year, substantial increase in net sales/revenue by 6.1 %.
- 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 121.43 %. Marginal decrease of -90.15% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Maximus International Limited. Notable increase of 57.13 % in net profit Year to Year, Maximus International Limited’s profitability dropped by -23.22 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 54.55 % Year to Year. EPS decreased by -22.73 % 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. 21.261 Cr | Rs. 36.961 Cr | Rs. 39.215 Cr | + 6.1 % | + 84.45 % |
| Expenses | Rs. 19.41 Cr | Rs. 36.59 Cr | Rs. 36.14 Cr | -1.23 % | + 86.19 % |
| Operating Profit | Rs. 1.85 Cr | Rs. 0.37 Cr | Rs. 3.08 Cr | + 732.43 % | + 66.49 % |
| OPM % | 8.7 % | 1 % | 7.85 % | + 6.85 % | -0.85 % |
| Other Income | Rs. 0.168 Cr | Rs. 3.775 Cr | Rs. 0.372 Cr | -90.15 % | + 121.43 % |
| Interest | Rs. 0.37 Cr | Rs. 0.85 Cr | Rs. 0.61 Cr | -28.24 % | + 64.86 % |
| Depreciation | Rs. 0.31 Cr | Rs. 0.36 Cr | Rs. 0.41 Cr | + 13.89 % | + 32.26 % |
| Profit before tax | Rs. 1.34 Cr | Rs. 2.94 Cr | Rs. 2.43 Cr | -17.35 % | + 81.34 % |
| Tax % | 1.05 % | 5.85 % | 12.73 % | + 6.88 % | + 11.68 % |
| Net Profit | Rs. 1.35 Cr | Rs. 2.77 Cr | Rs. 2.13 Cr | -23.1 % | + 57.78 % |
| EPS in Rs | Rs. 0.11 | Rs. 0.22 | Rs. 0.17 | -22.73 % | + 54.55 % |
Today, we’re looking at Maximus International 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 84.45 %. However, it did see a marginal increase of 6.1 % from the previous quarter. Expenses decreased slightly by -1.23 % quarter-on-quarter, aligning with the annual rise of 86.19 %. Operating profit, while up 66.49 % compared to last year, faced a quarter-on-quarter increase of 732.43 %, 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 -0.85 %, but an expansion of 6.85 % sequentially. Other income fell by -90.15 % compared to the last quarter, despite an annual growth of 121.43 %. Interest expenses dropped significantly by -28.24 % from the previous quarter, yet the year-over-year increase remains at a moderate 64.86 %. Depreciation costs climbed by 13.89 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 32.26 %. Profit before tax grew annually by 81.34 % but saw a reduction from the preceding quarter by -17.35 %.
Tax expenses as a percentage of profits increased slightly by 11.68 % compared to last year, with a more notable quarter-on-quarter increase of 6.88 %. Net profit rose by 57.78 % year-on-year but witnessed a -23.1 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 54.55 % but a quarterly fall of -22.73 %. In summary, Maximus International 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. 21.261 Cr | Rs. 36.961 Cr | Rs. 39.215 Cr | + 6.1 % | + 84.45 % |
| Expenses | Rs. 19.41 Cr | Rs. 36.59 Cr | Rs. 36.14 Cr | -1.23 % | + 86.19 % |
| Operating Profit | Rs. 1.85 Cr | Rs. 0.37 Cr | Rs. 3.08 Cr | + 732.43 % | + 66.49 % |
| Net Profit | Rs. 1.35 Cr | Rs. 2.77 Cr | Rs. 2.13 Cr | -23.1 % | + 57.78 % |
| EPS in Rs | Rs. 0.11 | Rs. 0.22 | Rs. 0.17 | -22.73 % | + 54.55 % |
In reviewing Maximus International Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 84.45 % year-on-year growth, however, there was a minor increase of 6.1 % from the previous quarter. Expenses rose by 86.19 % compared to the previous year, with a decrease of -1.23 % quarter-on-quarter. Operating Profit surged by 66.49 % annually, and saw a 732.43 % increase from the last quarter.
Net Profit showed yearly increase of 57.78 %, and experienced a -23.1 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 54.55 % annually, however dipped by -22.73 % compared to the last quarter. In essence, while Maximus International Limited 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.
-31
3-Year Profit
-36
5-Year Profit
0
10-Year Profit
18.1
Current Price
231
Market Cap
In analyzing the financial results for the company marked by BSE code 540401, a clear trend emerges. Over a five-year span, the company reported a profit of -36 units, which increased to -31 units in the most recent three-year period, suggesting a strong performance in the early stages of this timeframe. However, this success has been overshadowed by a trailing twelve-month (TTM) loss of 8 units, signaling significant recent challenges. Compounding this issue is the fact that the company has not reported any sales during any of the timeframes analyzed, raising important questions about its operational model and the sustainability of its current strategies. Investors have been equally wary, as reflected in the stock price performance. The company’s stock traded at 31 units over the past five years but has recently decreased to 10 units, indicating a loss of market confidence. Over the last decade, the stock price was at 0 units, pointing to longer-term concerns that could affect the company's future prospects.
With a market capitalization of ₹231 crore, the company’s stock is currently trading at ₹18.1, having fluctuated within a range of ₹30.4 / 15.8 over the years. The stock's P/E ratio of 26.5 reflects a relatively high valuation compared to its earnings, which could suggest strong future growth expectations or heightened investor demand. The company’s book value is ₹3.23, representing the total value of its assets on a per-share basis, while the dividend yield of 0.00% offers a modest return to shareholders. ROCE, at 18.3%, highlights the company's efficient use of capital in generating profits, while ROE at 21.8% underscores its ability to generate returns for shareholders. The debt-to-equity ratio of 0.44 is very low, indicating conservative financial management and minimal reliance on borrowed funds. Despite this, the company shows a negative net cash flow of ₹-1.58 crore, which could point to cash management challenges or recent heavy investments. The Piotroski score of 3.00 suggests moderate financial strength, while the Graham Number, pegged at ₹7.08, offers a rough estimate of the stock's intrinsic value. The Price-to-Book (P/B) ratio of 5.60 signals that the stock is trading at a premium, which might reflect investor confidence in the company's growth trajectory.
