Share the post "Mayur Uniquoters : Q4 2024 Financial Quarterly Report : YoY Sales Up 14.31 %, QoQ Up 23.91 %"
Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 14.31 % in the past year, substantial increase in net sales/revenue by 23.91 %.
- 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 265.57 %. Marginal decrease of -26.89% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Mayur Uniquoters ltd.. Notable increase of 37.77 % in net profit Year to Year, Mayur Uniquoters ltd.’s profitability increased by 18.01 % in this quarter.
- EPS over the Year and quarter: EPS increased by 37.59 % Year to Year. EPS increased by 17.68 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 193.241 Cr | Rs. 178.264 Cr | Rs. 220.889 Cr | + 23.91 % | + 14.31 % |
Expenses | Rs. 158 Cr | Rs. 142.89 Cr | Rs. 179.59 Cr | + 25.68 % | + 13.66 % |
Operating Profit | Rs. 35.24 Cr | Rs. 35.37 Cr | Rs. 41.3 Cr | + 16.77 % | + 17.2 % |
OPM % | 18.24 % | 19.84 % | 18.7 % | -1.14 % | + 0.46 % |
Other Income | Rs. 1.83 Cr | Rs. 9.15 Cr | Rs. 6.69 Cr | -26.89 % | + 265.57 % |
Interest | Rs. 1.01 Cr | Rs. 0.59 Cr | Rs. 0.68 Cr | + 15.25 % | -32.67 % |
Depreciation | Rs. 6.76 Cr | Rs. 7.47 Cr | Rs. 7.38 Cr | -1.2 % | + 9.17 % |
Profit before tax | Rs. 29.3 Cr | Rs. 36.46 Cr | Rs. 39.93 Cr | + 9.52 % | + 36.28 % |
Tax % | 20.2 % | 25.11 % | 19.32 % | -5.79 % | -0.88 % |
Net Profit | Rs. 23.38 Cr | Rs. 27.3 Cr | Rs. 32.22 Cr | + 18.02 % | + 37.81 % |
EPS in Rs | Rs. 5.32 | Rs. 6.22 | Rs. 7.32 | + 17.68 % | + 37.59 % |
Today, we’re looking at Mayur Uniquoters ltd.’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 14.31 %. However, it did see a marginal increase of 23.91 % from the previous quarter. Expenses ticked up slightly by 25.68 % quarter-on-quarter, aligning with the annual rise of 13.66 %. Operating profit, while up 17.2 % compared to last year, faced a quarter-on-quarter increase of 16.77 %, 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 0.46 %, but a shrinkage of -1.14 % sequentially. Other income fell by -26.89 % compared to the last quarter, despite an annual growth of 265.57 %. Interest expenses surged remarkably by 15.25 % from the previous quarter, yet the year-over-year decrease remains at a moderate -32.67 %. Depreciation costs fell by -1.2 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 9.17 %. Profit before tax grew annually by 36.28 % but saw an increase from the preceding quarter by 9.52 %.
Tax expenses as a percentage of profits decreased slightly by -0.88 % compared to last year, with a more notable quarter-on-quarter decrease of -5.79 %. Net profit rose by 37.81 % year-on-year but experienced a 18.02 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 37.59 % but a quarterly rise of 17.68 %. In summary, Mayur Uniquoters ltd.’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. 193.241 Cr | Rs. 178.264 Cr | Rs. 220.889 Cr | + 23.91 % | + 14.31 % |
Expenses | Rs. 158 Cr | Rs. 142.89 Cr | Rs. 179.59 Cr | + 25.68 % | + 13.66 % |
Operating Profit | Rs. 35.24 Cr | Rs. 35.37 Cr | Rs. 41.3 Cr | + 16.77 % | + 17.2 % |
Net Profit | Rs. 23.38 Cr | Rs. 27.3 Cr | Rs. 32.22 Cr | + 18.02 % | + 37.81 % |
EPS in Rs | Rs. 5.32 | Rs. 6.22 | Rs. 7.32 | + 17.68 % | + 37.59 % |
In reviewing Mayur Uniquoters ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 14.31 % year-on-year growth, however, there was a minor increase of 23.91 % from the previous quarter. Expenses rose by 13.66 % compared to the previous year, with a 25.68 % increase quarter-on-quarter. Operating Profit surged by 17.2 % annually, and saw a 16.77 % increase from the last quarter.
Net Profit showed yearly increase of 37.81 %, and experienced a 18.02 % increase from the previous quarter. Earnings Per Share (EPS) rose by 37.59 % annually, however rose by 17.68 % compared to the last quarter. In essence, while Mayur Uniquoters ltd. 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.
11
3-Year Profit
6
5-Year Profit
8
10-Year Profit
617
Current Price
2,713
Market Cap
In analyzing the financial results for the company marked by BSE code 522249, a clear trend emerges. Over a five-year span, the company reported a profit of 6 percents, which increased to 11 percents in the most recent three-year period, suggesting a strong performance in the early stages of this timeframe. However, this success has been overshadowed by a trailing twelve-month (TTM) loss of 14 percents, signaling significant recent challenges. Compounding this issue is the fact that the company has not reported any sales during any of the timeframes analyzed, raising important questions about its operational model and the sustainability of its current strategies. Investors have been equally wary, as reflected in the stock price performance. The company’s stock traded at 24 percents over the past five years but has recently decreased to 18 percents, indicating a loss of market confidence. Over the last decade, the stock price was at 3 percents, pointing to longer-term concerns that could affect the company's future prospects.
Currently valued at ₹2,713 crore, the company's stock price stands at ₹617. Over the years, it has seen significant fluctuations, with its price ranging from ₹700 / 454, a reflection of its sensitivity to market conditions and investor sentiment. The stock's Price-to-Earnings (P/E) ratio, currently at 20.9, suggests that it is highly valued in comparison to its earnings, possibly indicating strong future growth expectations or a high level of investor confidence. The book value per share is ₹197, which represents the net asset value of the company per share. The dividend yield of 0.49% provides some return to investors, though it may not be the primary attraction for those investing in the stock. The company's Return on Capital Employed (ROCE) is 19.3%, pointing to efficient use of its capital base to generate profits. The Return on Equity (ROE), at 15.0%, highlights the profitability for shareholders. The company's financial health is further underscored by its very low debt-to-equity ratio of 0.02, signaling conservative financial management. However, the net cash flow is negative at ₹13.6 crore, indicating possible liquidity concerns or heavy investment. The Piotroski score of 8.00 provides a snapshot of its financial stability, while the Graham Number, estimated at ₹361, offers an intrinsic value benchmark. With a Price-to-Book (P/B) ratio of 3.10, the stock seems to be trading at a premium relative to its book value, which could signal strong market expectations or overvaluation risks.