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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’s sales declined by -8.18 % over the year, substantial increase in net sales/revenue by 9.25 %. 🔹 Income over the Year and quarter: There has been decline in other income over the past year which is -93.16 %, Marginal increase in other income during this quarter, up by 64.52%. 🔹 Profit over the Year and quarter: Significant improvement in profitability for MSP Steel & Power Limited. Notable increase of 454.84 % in net profit Year to Year, MSP Steel & Power Limited’s profitability dropped by -186.56 % Quarter to Quarter. 🔹 EPS over the Year and quarter: EPS increased by 600.00 % Year to Year. EPS decreased by -184 % 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. 780.735 Cr | Rs. 656.17 Cr | Rs. 716.854 Cr | + 9.25 % | -8.18 % |
| Expenses | Rs. 741.53 Cr | Rs. 629.64 Cr | Rs. 697.6 Cr | + 10.79 % | -5.92 % |
| Operating Profit | Rs. 39.21 Cr | Rs. 26.53 Cr | Rs. 19.25 Cr | -27.44 % | -50.91 % |
| OPM % | 5.02 % | 4.04 % | 2.69 % | -1.35 % | -2.33 % |
| Other Income | Rs. 6.711 Cr | Rs. 0.279 Cr | Rs. 0.459 Cr | + 64.52 % | -93.16 % |
| Interest | Rs. 25.37 Cr | Rs. 22.05 Cr | Rs. 15.89 Cr | -27.94 % | -37.37 % |
| Depreciation | Rs. 13.83 Cr | Rs. 13.22 Cr | Rs. 13.5 Cr | + 2.12 % | -2.39 % |
| Profit before tax | Rs. 6.72 Cr | Rs. -8.46 Cr | Rs. -9.68 Cr | -14.42 % | -244.05 % |
| Tax % | 77.85 % | -12.77 % | -185.39 % | -172.62 % | -263.24 % |
| Net Profit | Rs. 1.49 Cr | Rs. -9.54 Cr | Rs. 8.26 Cr | + 186.58 % | + 454.36 % |
| EPS in Rs | Rs. 0.03 | Rs. -0.25 | Rs. 0.18 | + 172 % | + 500 % |
Today, we’re looking at MSP Steel & Power Limited’s financial performance for the Q3(Dec 2024-25).Starting with the top line, the company reported a significant year-over-year sales decline of -8.18 %. However, it did see a marginal increase of 9.25 % from the previous quarter. Expenses ticked up slightly by 10.79 % quarter-on-quarter, aligning with the annual decline of -5.92 %. Operating profit, while down -50.91 % compared to last year, faced a quarter-on-quarter dip of -27.44 %, 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 -2.33 %, but a shrinkage of -1.35 % sequentially. Other income rose by 64.52 % compared to the last quarter, despite an annual decline of -93.16 %. Interest expenses dropped significantly by -27.94 % from the previous quarter, yet the year-over-year decrease remains at a moderate -37.37 %. Depreciation costs climbed by 2.12 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -2.39 %. Profit before tax declined annually by -244.05 % but saw a reduction from the preceding quarter by -14.42 %.
Tax expenses as a percentage of profits decreased slightly by -263.24 % compared to last year, with a more notable quarter-on-quarter decrease of -172.62 %. Net profit rose by 454.36 % year-on-year but experienced a 186.58 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 500 % but a quarterly rise of 172 %. In summary, MSP Steel & Power 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. 780.735 Cr | Rs. 656.17 Cr | Rs. 716.854 Cr | + 9.25 % | -8.18 % |
| Expenses | Rs. 741.53 Cr | Rs. 629.64 Cr | Rs. 697.6 Cr | + 10.79 % | -5.92 % |
| Operating Profit | Rs. 39.21 Cr | Rs. 26.53 Cr | Rs. 19.25 Cr | -27.44 % | -50.91 % |
| Net Profit | Rs. 1.49 Cr | Rs. -9.54 Cr | Rs. 8.26 Cr | + 186.58 % | + 454.36 % |
| EPS in Rs | Rs. 0.03 | Rs. -0.25 | Rs. 0.18 | + 172 % | + 500 % |
In reviewing MSP Steel & Power Limited’s 2024-25(Q3) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -8.18 % year-on-year, however, there was a minor increase of 9.25 % from the previous quarter. Expenses decreased by -5.92 % compared to the previous year, with a 10.79 % increase quarter-on-quarter. Operating Profit dropped by -50.91 % annually, and saw a -27.44 % decrease from the last quarter.
Net Profit showed yearly increase of 454.36 %, and experienced a 186.58 % increase from the previous quarter. Earnings Per Share (EPS) rose by 500 % annually, however rose by 172 % compared to the last quarter. In essence, while MSP Steel & Power 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.
