Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 9.79 % in the past year, substantial increase in net sales/revenue by 48.2 %.
- 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 88.89 %. Marginal decrease of -20.93% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Manomay Tex India Limited. Profit dropped by -16.14 % Year to Year, Manomay Tex India Limited’s profitability increased by 5.22 % in this quarter.
- EPS over the Year and quarter: EPS declined by -30.77 % Year to Year. EPS increased by 5.63 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 168.205 Cr | Rs. 124.61 Cr | Rs. 184.667 Cr | + 48.2 % | + 9.79 % |
Expenses | Rs. 156.39 Cr | Rs. 111.79 Cr | Rs. 167.2 Cr | + 49.57 % | + 6.91 % |
Operating Profit | Rs. 11.82 Cr | Rs. 12.82 Cr | Rs. 17.47 Cr | + 36.27 % | + 47.8 % |
OPM % | 7.03 % | 10.29 % | 9.46 % | -0.83 % | + 2.43 % |
Other Income | Rs. 0.18 Cr | Rs. 0.43 Cr | Rs. 0.34 Cr | -20.93 % | + 88.89 % |
Interest | Rs. 3.98 Cr | Rs. 4.09 Cr | Rs. 6.33 Cr | + 54.77 % | + 59.05 % |
Depreciation | Rs. 2.85 Cr | Rs. 3.15 Cr | Rs. 6.05 Cr | + 92.06 % | + 112.28 % |
Profit before tax | Rs. 5.17 Cr | Rs. 6.01 Cr | Rs. 5.43 Cr | -9.65 % | + 5.03 % |
Tax % | 6.57 % | 35.89 % | 25.41 % | -10.48 % | + 18.84 % |
Net Profit | Rs. 4.83 Cr | Rs. 3.85 Cr | Rs. 4.05 Cr | + 5.19 % | -16.15 % |
EPS in Rs | Rs. 3.25 | Rs. 2.13 | Rs. 2.25 | + 5.63 % | -30.77 % |
Today, we’re looking at Manomay Tex India 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 9.79 %. However, it did see a marginal increase of 48.2 % from the previous quarter. Expenses ticked up slightly by 49.57 % quarter-on-quarter, aligning with the annual rise of 6.91 %. Operating profit, while up 47.8 % compared to last year, faced a quarter-on-quarter increase of 36.27 %, 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 2.43 %, but a shrinkage of -0.83 % sequentially. Other income fell by -20.93 % compared to the last quarter, despite an annual growth of 88.89 %. Interest expenses surged remarkably by 54.77 % from the previous quarter, yet the year-over-year increase remains at a moderate 59.05 %. Depreciation costs climbed by 92.06 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 112.28 %. Profit before tax grew annually by 5.03 % but saw a reduction from the preceding quarter by -9.65 %.
Tax expenses as a percentage of profits increased slightly by 18.84 % compared to last year, with a more notable quarter-on-quarter decrease of -10.48 %. Net profit fell by -16.15 % year-on-year but experienced a 5.19 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -30.77 % but a quarterly rise of 5.63 %. In summary, Manomay Tex India 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. 168.205 Cr | Rs. 124.61 Cr | Rs. 184.667 Cr | + 48.2 % | + 9.79 % |
Expenses | Rs. 156.39 Cr | Rs. 111.79 Cr | Rs. 167.2 Cr | + 49.57 % | + 6.91 % |
Operating Profit | Rs. 11.82 Cr | Rs. 12.82 Cr | Rs. 17.47 Cr | + 36.27 % | + 47.8 % |
Net Profit | Rs. 4.83 Cr | Rs. 3.85 Cr | Rs. 4.05 Cr | + 5.19 % | -16.15 % |
EPS in Rs | Rs. 3.25 | Rs. 2.13 | Rs. 2.25 | + 5.63 % | -30.77 % |
In reviewing Manomay Tex India Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 9.79 % year-on-year growth, however, there was a minor increase of 48.2 % from the previous quarter. Expenses rose by 6.91 % compared to the previous year, with a 49.57 % increase quarter-on-quarter. Operating Profit surged by 47.8 % annually, and saw a 36.27 % increase from the last quarter.
Net Profit showed yearly decrease of -16.15 %, and experienced a 5.19 % increase from the previous quarter. Earnings Per Share (EPS) fell by -30.77 % annually, however rose by 5.63 % compared to the last quarter. In essence, while Manomay Tex India 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.