Share the post "MSTC : Q4 2024 Financial Quarterly Report : YoY Sales Up 1.29 %, QoQ Up 7.62 %"
Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 1.29 % in the past year, substantial increase in net sales/revenue by 7.62 %.
- 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 318.2 %. Marginal increase in other income during this quarter, up by 749.56%.
- Profit over the Year and quarter: Challenges in sustaining profitability for MSTC Limited. Profit dropped by -37.04 % Year to Year, MSTC Limited’s profitability dropped by -3.05 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -37.05 % Year to Year. EPS decreased by -3.1 % 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. 196.534 Cr | Rs. 184.98 Cr | Rs. 199.07 Cr | + 7.62 % | + 1.29 % |
Expenses | Rs. 114.63 Cr | Rs. 120.36 Cr | Rs. 231.3 Cr | + 92.17 % | + 101.78 % |
Operating Profit | Rs. 81.9 Cr | Rs. 64.62 Cr | Rs. -32.23 Cr | -149.88 % | -139.35 % |
OPM % | 41.67 % | 34.93 % | -16.19 % | -51.12 % | -57.86 % |
Other Income | Rs. 34.84 Cr | Rs. 17.15 Cr | Rs. 145.7 Cr | + 749.56 % | + 318.2 % |
Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 0.41 Cr | 0 % | 0 % |
Depreciation | Rs. 5.66 Cr | Rs. 6.96 Cr | Rs. 6.26 Cr | -10.06 % | + 10.6 % |
Profit before tax | Rs. 111.08 Cr | Rs. 74.81 Cr | Rs. 106.8 Cr | + 42.76 % | -3.85 % |
Tax % | 30.45 % | 32.22 % | 54.04 % | + 21.82 % | + 23.59 % |
Net Profit | Rs. 76.96 Cr | Rs. 49.97 Cr | Rs. 48.45 Cr | -3.04 % | -37.05 % |
EPS in Rs | Rs. 10.93 | Rs. 7.1 | Rs. 6.88 | -3.1 % | -37.05 % |
Today, we’re looking at MSTC 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 1.29 %. However, it did see a marginal increase of 7.62 % from the previous quarter. Expenses ticked up slightly by 92.17 % quarter-on-quarter, aligning with the annual rise of 101.78 %. Operating profit, while down -139.35 % compared to last year, faced a quarter-on-quarter dip of -149.88 %, 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 -57.86 %, but a shrinkage of -51.12 % sequentially. Other income rose by 749.56 % compared to the last quarter, despite an annual growth of 318.2 %. Depreciation costs fell by -10.06 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 10.6 %. Profit before tax declined annually by -3.85 % but saw an increase from the preceding quarter by 42.76 %.
Tax expenses as a percentage of profits increased slightly by 23.59 % compared to last year, with a more notable quarter-on-quarter increase of 21.82 %. Net profit fell by -37.05 % year-on-year but witnessed a -3.04 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -37.05 % but a quarterly fall of -3.1 %. In summary, MSTC 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. 196.534 Cr | Rs. 184.98 Cr | Rs. 199.07 Cr | + 7.62 % | + 1.29 % |
Expenses | Rs. 114.63 Cr | Rs. 120.36 Cr | Rs. 231.3 Cr | + 92.17 % | + 101.78 % |
Operating Profit | Rs. 81.9 Cr | Rs. 64.62 Cr | Rs. -32.23 Cr | -149.88 % | -139.35 % |
Net Profit | Rs. 76.96 Cr | Rs. 49.97 Cr | Rs. 48.45 Cr | -3.04 % | -37.05 % |
EPS in Rs | Rs. 10.93 | Rs. 7.1 | Rs. 6.88 | -3.1 % | -37.05 % |
In reviewing MSTC Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 1.29 % year-on-year growth, however, there was a minor increase of 7.62 % from the previous quarter. Expenses rose by 101.78 % compared to the previous year, with a 92.17 % increase quarter-on-quarter. Operating Profit dropped by -139.35 % annually, and saw a -149.88 % decrease from the last quarter.
Net Profit showed yearly decrease of -37.05 %, and experienced a -3.04 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -37.05 % annually, however dipped by -3.1 % compared to the last quarter. In essence, while MSTC 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.