Share the post "Manraj Housing Finance ‘s Latest Q1 Report: Profit Up by 1633.33% Year-on-Year"
Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- 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 2683.33 %. Marginal increase in other income during this quarter, up by 2536.84%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Manraj Housing Finance Ltd.. Profit dropped by -1620 % Year to Year, Manraj Housing Finance Ltd.’s profitability dropped by -1269.23 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -1,616.67 % Year to Year. EPS decreased by -1237.5 % 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. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
| Expenses | Rs. 0.05 Cr | Rs. 0.06 Cr | Rs. 0.05 Cr | -16.67 % | + 0 % |
| Operating Profit | Rs. -0.05 Cr | Rs. -0.06 Cr | Rs. -0.05 Cr | + 16.67 % | + 0 % |
| OPM % | 0 % | 0 % | 0 % | 0 % | 0 % |
| Other Income | Rs. 0.018 Cr | Rs. 0.019 Cr | Rs. 0.501 Cr | + 2536.84 % | + 2683.33 % |
| Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
| Depreciation | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
| Profit before tax | Rs. -0.03 Cr | Rs. -0.04 Cr | Rs. 0.45 Cr | + 1225 % | + 1600 % |
| Tax % | -0 % | -0 % | 0 % | 0 % | 0 % |
| Net Profit | Rs. -0.03 Cr | Rs. -0.04 Cr | Rs. 0.46 Cr | + 1250 % | + 1633.33 % |
| EPS in Rs | Rs. -0.06 | Rs. -0.08 | Rs. 0.91 | + 1237.5 % | + 1616.67 % |
Today, we’re looking at Manraj Housing Finance Ltd.’s financial performance for the Q1(Jun 2024).Expenses decreased slightly by -16.67 % quarter-on-quarter, aligning with the annual rise of 0 %. Operating profit, while up 0 % compared to last year, faced a quarter-on-quarter increase of 16.67 %, signaling a short-term expansion in margins.
Other income rose by 2536.84 % compared to the last quarter, despite an annual growth of 2683.33 %. Profit before tax grew annually by 1600 % but saw an increase from the preceding quarter by 1225 %.
Net profit rose by 1633.33 % year-on-year but experienced a 1250 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 1616.67 % but a quarterly rise of 1237.5 %. In summary, Manraj Housing Finance 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 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
| Expenses | Rs. 0.05 Cr | Rs. 0.06 Cr | Rs. 0.05 Cr | -16.67 % | + 0 % |
| Operating Profit | Rs. -0.05 Cr | Rs. -0.06 Cr | Rs. -0.05 Cr | + 16.67 % | + 0 % |
| Net Profit | Rs. -0.03 Cr | Rs. -0.04 Cr | Rs. 0.46 Cr | + 1250 % | + 1633.33 % |
| EPS in Rs | Rs. -0.06 | Rs. -0.08 | Rs. 0.91 | + 1237.5 % | + 1616.67 % |
In reviewing Manraj Housing Finance Ltd.’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Expenses rose by 0 % compared to the previous year, with a decrease of -16.67 % quarter-on-quarter. Operating Profit surged by 0 % annually, and saw a 16.67 % increase from the last quarter.
Net Profit showed yearly increase of 1633.33 %, and experienced a 1250 % increase from the previous quarter. Earnings Per Share (EPS) rose by 1616.67 % annually, however rose by 1237.5 % compared to the last quarter. In essence, while Manraj Housing Finance 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.
0
3-Year Profit
13
5-Year Profit
0
10-Year Profit
37.5
Current Price
18.7
Market Cap
For the company identified by BSE code 530537, the financial performance highlights a solid five-year profit of 13 percents. This figure escalates to 0 percents over the three-year period, pointing to positive momentum in its earnings. Despite these encouraging trends, the trailing twelve-month (TTM) figures uncover an alarming profit loss of 400 percents. This decline, coupled with the fact that the company recorded zero sales across all periods examined, raises red flags about the sustainability of its business model and its ability to generate consistent revenue. Furthermore, the stock price fluctuations during this period further reflect the company's uncertain position. The stock started at 0 percents but has since plummeted to 69 percents recently, painting a picture of rapid decline. Over a longer ten-year horizon, the stock price stood at 13 percents, further underscoring the long-term challenges the company faces in maintaining investor confidence and market value.
The company has a market capitalization of ₹18.7 crore and is currently trading at ₹37.5 per share. Historically, the stock has fluctuated within a range of ₹43.4 / 17.8, reflecting both the opportunities and risks that investors perceive in the company. The P/E ratio, at , is relatively high, suggesting that the market has priced in substantial future growth or is willing to pay a premium for the company’s current earnings. The book value per share stands at ₹-1.22, which reflects the net asset value of the company divided by the number of outstanding shares. The dividend yield is 0.00%, providing shareholders with a consistent return on their investment. ROCE is -0.86%, indicating how well the company is using its capital to generate profits, while ROE at % highlights the returns generated from shareholders' equity. The debt-to-equity ratio is , signaling low financial leverage, which is typically seen as a positive indicator of financial health. However, the company’s negative net cash flow of ₹0.02 crore might raise concerns about its cash generation capabilities or capital expenditures. With a Piotroski score of 4.00, the company's financial stability is evaluated on several factors. Finally, the Graham Number, at ₹, provides an estimate of the stock’s intrinsic value, while the Price-to-Book (P/B) ratio of highlights that the stock is trading at a premium to its book value, potentially reflecting positive market sentiment or overvaluation risks.
