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Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 3.72 % in the past year, substantial increase in net sales/revenue by 19.14 %.
- 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 270.81 %. Marginal decrease of -2.91% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Manoj Vaibhav Gems N Jewellers Limited. Notable increase of 20.35 % in net profit Year to Year, Manoj Vaibhav Gems N Jewellers Limited’s profitability increased by 22.58 % in this quarter.
- EPS over the Year and quarter: EPS increased by 20.26 % Year to Year. EPS increased by 22.7 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 619.222 Cr | Rs. 539.061 Cr | Rs. 642.227 Cr | + 19.14 % | + 3.72 % |
Expenses | Rs. 577.13 Cr | Rs. 502.03 Cr | Rs. 597.86 Cr | + 19.09 % | + 3.59 % |
Operating Profit | Rs. 42.09 Cr | Rs. 37.03 Cr | Rs. 44.37 Cr | + 19.82 % | + 5.42 % |
OPM % | 6.8 % | 6.87 % | 6.91 % | + 0.04 % | + 0.11 % |
Other Income | Rs. 0.997 Cr | Rs. 3.808 Cr | Rs. 3.697 Cr | -2.91 % | + 270.81 % |
Interest | Rs. 11.28 Cr | Rs. 9.8 Cr | Rs. 10.35 Cr | + 5.61 % | -8.24 % |
Depreciation | Rs. 2.02 Cr | Rs. 2.04 Cr | Rs. 2 Cr | -1.96 % | -0.99 % |
Profit before tax | Rs. 29.79 Cr | Rs. 29 Cr | Rs. 35.72 Cr | + 23.17 % | + 19.91 % |
Tax % | 25.6 % | 24.97 % | 25.32 % | + 0.35 % | -0.28 % |
Net Profit | Rs. 22.16 Cr | Rs. 21.76 Cr | Rs. 26.67 Cr | + 22.56 % | + 20.35 % |
EPS in Rs | Rs. 4.54 | Rs. 4.45 | Rs. 5.46 | + 22.7 % | + 20.26 % |
Today, we’re looking at Manoj Vaibhav Gems N Jewellers Limited’s financial performance for the Q2(Sep 2024-25).Starting with the top line, the company reported a robust year-over-year sales growth of 3.72 %. However, it did see a marginal increase of 19.14 % from the previous quarter. Expenses ticked up slightly by 19.09 % quarter-on-quarter, aligning with the annual rise of 3.59 %. Operating profit, while up 5.42 % compared to last year, faced a quarter-on-quarter increase of 19.82 %, 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 0.11 %, but an expansion of 0.04 % sequentially. Other income fell by -2.91 % compared to the last quarter, despite an annual growth of 270.81 %. Interest expenses surged remarkably by 5.61 % from the previous quarter, yet the year-over-year decrease remains at a moderate -8.24 %. Depreciation costs fell by -1.96 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -0.99 %. Profit before tax grew annually by 19.91 % but saw an increase from the preceding quarter by 23.17 %.
Tax expenses as a percentage of profits decreased slightly by -0.28 % compared to last year, with a more notable quarter-on-quarter increase of 0.35 %. Net profit rose by 20.35 % year-on-year but experienced a 22.56 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 20.26 % but a quarterly rise of 22.7 %. In summary, Manoj Vaibhav Gems N Jewellers 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. 619.222 Cr | Rs. 539.061 Cr | Rs. 642.227 Cr | + 19.14 % | + 3.72 % |
Expenses | Rs. 577.13 Cr | Rs. 502.03 Cr | Rs. 597.86 Cr | + 19.09 % | + 3.59 % |
Operating Profit | Rs. 42.09 Cr | Rs. 37.03 Cr | Rs. 44.37 Cr | + 19.82 % | + 5.42 % |
Net Profit | Rs. 22.16 Cr | Rs. 21.76 Cr | Rs. 26.67 Cr | + 22.56 % | + 20.35 % |
EPS in Rs | Rs. 4.54 | Rs. 4.45 | Rs. 5.46 | + 22.7 % | + 20.26 % |
In reviewing Manoj Vaibhav Gems N Jewellers Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 3.72 % year-on-year growth, however, there was a minor increase of 19.14 % from the previous quarter. Expenses rose by 3.59 % compared to the previous year, with a 19.09 % increase quarter-on-quarter. Operating Profit surged by 5.42 % annually, and saw a 19.82 % increase from the last quarter.
Net Profit showed yearly increase of 20.35 %, and experienced a 22.56 % increase from the previous quarter. Earnings Per Share (EPS) rose by 20.26 % annually, however rose by 22.7 % compared to the last quarter. In essence, while Manoj Vaibhav Gems N Jewellers 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.
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