Highlights
- Sales over the Year and quarter: The company’s sales declined by -45.29 % over the year, decrease in net sales/revenue by -13.67 %.
- 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 183.33 %. Marginal increase in other income during this quarter, up by 142.86%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Megastar Foods Limited. Profit dropped by -78.54 % Year to Year, Megastar Foods Limited’s profitability dropped by -37.31 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -79.09 % Year to Year. EPS decreased by -38.97 % 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. 114.504 Cr | Rs. 72.567 Cr | Rs. 62.645 Cr | -13.67 % | -45.29 % |
Expenses | Rs. 107.8 Cr | Rs. 69.39 Cr | Rs. 60.61 Cr | -12.65 % | -43.78 % |
Operating Profit | Rs. 6.7 Cr | Rs. 3.18 Cr | Rs. 2.04 Cr | -35.85 % | -69.55 % |
OPM % | 5.85 % | 4.38 % | 3.26 % | -1.12 % | -2.59 % |
Other Income | Rs. 0.06 Cr | Rs. 0.07 Cr | Rs. 0.17 Cr | + 142.86 % | + 183.33 % |
Interest | Rs. 0.74 Cr | Rs. 0.95 Cr | Rs. 0.42 Cr | -55.79 % | -43.24 % |
Depreciation | Rs. 0.64 Cr | Rs. 0.65 Cr | Rs. 0.67 Cr | + 3.08 % | + 4.69 % |
Profit before tax | Rs. 5.38 Cr | Rs. 1.65 Cr | Rs. 1.12 Cr | -32.12 % | -79.18 % |
Tax % | 26.39 % | 17.03 % | 23.08 % | + 6.05 % | -3.31 % |
Net Profit | Rs. 3.97 Cr | Rs. 1.36 Cr | Rs. 0.85 Cr | -37.5 % | -78.59 % |
EPS in Rs | Rs. 3.97 | Rs. 1.36 | Rs. 0.83 | -38.97 % | -79.09 % |
Today, we’re looking at Megastar Foods Limited’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -45.29 %. However, it did see a marginal slip of -13.67 % from the previous quarter. Expenses decreased slightly by -12.65 % quarter-on-quarter, aligning with the annual decline of -43.78 %. Operating profit, while down -69.55 % compared to last year, faced a quarter-on-quarter dip of -35.85 %, 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 -2.59 %, but a shrinkage of -1.12 % sequentially. Other income rose by 142.86 % compared to the last quarter, despite an annual growth of 183.33 %. Interest expenses dropped significantly by -55.79 % from the previous quarter, yet the year-over-year decrease remains at a moderate -43.24 %. Depreciation costs climbed by 3.08 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 4.69 %. Profit before tax declined annually by -79.18 % but saw a reduction from the preceding quarter by -32.12 %.
Tax expenses as a percentage of profits decreased slightly by -3.31 % compared to last year, with a more notable quarter-on-quarter increase of 6.05 %. Net profit fell by -78.59 % year-on-year but witnessed a -37.5 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -79.09 % but a quarterly fall of -38.97 %. In summary, Megastar Foods 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. 114.504 Cr | Rs. 72.567 Cr | Rs. 62.645 Cr | -13.67 % | -45.29 % |
Expenses | Rs. 107.8 Cr | Rs. 69.39 Cr | Rs. 60.61 Cr | -12.65 % | -43.78 % |
Operating Profit | Rs. 6.7 Cr | Rs. 3.18 Cr | Rs. 2.04 Cr | -35.85 % | -69.55 % |
Net Profit | Rs. 3.97 Cr | Rs. 1.36 Cr | Rs. 0.85 Cr | -37.5 % | -78.59 % |
EPS in Rs | Rs. 3.97 | Rs. 1.36 | Rs. 0.83 | -38.97 % | -79.09 % |
In reviewing Megastar Foods Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -45.29 % year-on-year, although there was a slight dip of -13.67 % from the previous quarter. Expenses decreased by -43.78 % compared to the previous year, with a decrease of -12.65 % quarter-on-quarter. Operating Profit dropped by -69.55 % annually, and saw a -35.85 % decrease from the last quarter.
Net Profit showed yearly decrease of -78.59 %, and experienced a -37.5 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -79.09 % annually, however dipped by -38.97 % compared to the last quarter. In essence, while Megastar Foods 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.