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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 6.98 % in the past year, decrease in net sales/revenue by -51.54 %.
- 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 258.54 %. Marginal increase in other income during this quarter, up by 110%.
- Profit over the Year and quarter: Significant improvement in profitability for MRO-TEK Realty Limited. Notable increase of 222.29 % in net profit Year to Year, MRO-TEK Realty Limited’s profitability dropped by -123.2 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 218.42 % Year to Year. EPS decreased by -123.27 % 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. 8.081 Cr | Rs. 17.841 Cr | Rs. 8.645 Cr | -51.54 % | + 6.98 % |
Expenses | Rs. 8.02 Cr | Rs. 6.33 Cr | Rs. 8.91 Cr | + 40.76 % | + 11.1 % |
Operating Profit | Rs. 0.06 Cr | Rs. 11.51 Cr | Rs. -0.27 Cr | -102.35 % | -550 % |
OPM % | 0.74 % | 64.51 % | -3.12 % | -67.63 % | -3.86 % |
Other Income | Rs. 0.41 Cr | Rs. 0.7 Cr | Rs. 1.47 Cr | + 110 % | + 258.54 % |
Interest | Rs. 1.93 Cr | Rs. 2.34 Cr | Rs. 2.79 Cr | + 19.23 % | + 44.56 % |
Depreciation | Rs. 0.59 Cr | Rs. 0.58 Cr | Rs. 0.68 Cr | + 17.24 % | + 15.25 % |
Profit before tax | Rs. -2.05 Cr | Rs. 9.29 Cr | Rs. -2.27 Cr | -124.43 % | -10.73 % |
Tax % | -65.67 % | 4.73 % | -0.4 % | -5.13 % | + 65.27 % |
Net Profit | Rs. -0.7 Cr | Rs. 9.73 Cr | Rs. -2.26 Cr | -123.23 % | -222.86 % |
EPS in Rs | Rs. -0.38 | Rs. 5.2 | Rs. -1.21 | -123.27 % | -218.42 % |
Today, we’re looking at MRO-TEK Realty 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 6.98 %. However, it did see a marginal slip of -51.54 % from the previous quarter. Expenses ticked up slightly by 40.76 % quarter-on-quarter, aligning with the annual rise of 11.1 %. Operating profit, while down -550 % compared to last year, faced a quarter-on-quarter dip of -102.35 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -3.86 %, but a shrinkage of -67.63 % sequentially. Other income rose by 110 % compared to the last quarter, despite an annual growth of 258.54 %. Interest expenses surged remarkably by 19.23 % from the previous quarter, yet the year-over-year increase remains at a moderate 44.56 %. Depreciation costs climbed by 17.24 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 15.25 %. Profit before tax declined annually by -10.73 % but saw a reduction from the preceding quarter by -124.43 %.
Tax expenses as a percentage of profits increased slightly by 65.27 % compared to last year, with a more notable quarter-on-quarter decrease of -5.13 %. Net profit fell by -222.86 % year-on-year but witnessed a -123.23 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -218.42 % but a quarterly fall of -123.27 %. In summary, MRO-TEK Realty 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. 8.081 Cr | Rs. 17.841 Cr | Rs. 8.645 Cr | -51.54 % | + 6.98 % |
Expenses | Rs. 8.02 Cr | Rs. 6.33 Cr | Rs. 8.91 Cr | + 40.76 % | + 11.1 % |
Operating Profit | Rs. 0.06 Cr | Rs. 11.51 Cr | Rs. -0.27 Cr | -102.35 % | -550 % |
Net Profit | Rs. -0.7 Cr | Rs. 9.73 Cr | Rs. -2.26 Cr | -123.23 % | -222.86 % |
EPS in Rs | Rs. -0.38 | Rs. 5.2 | Rs. -1.21 | -123.27 % | -218.42 % |
In reviewing MRO-TEK Realty Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 6.98 % year-on-year growth, although there was a slight dip of -51.54 % from the previous quarter. Expenses rose by 11.1 % compared to the previous year, with a 40.76 % increase quarter-on-quarter. Operating Profit dropped by -550 % annually, and saw a -102.35 % decrease from the last quarter.
Net Profit showed yearly decrease of -222.86 %, and experienced a -123.23 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -218.42 % annually, however dipped by -123.27 % compared to the last quarter. In essence, while MRO-TEK Realty Limited faces strong annual decline indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.