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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 7.33 % in the past year, decrease in net sales/revenue by -1.4 %.
- 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 26.15 %. Marginal decrease of -69.74% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for MPS Limited. Notable increase of 3.1 % in net profit Year to Year, MPS Limited’s profitability dropped by -20 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 4.88 % Year to Year. EPS decreased by -19.13 % 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. 77.2 Cr | Rs. 84.04 Cr | Rs. 82.86 Cr | -1.4 % | + 7.33 % |
Expenses | Rs. 42.35 Cr | Rs. 47.66 Cr | Rs. 46.8 Cr | -1.8 % | + 10.51 % |
Operating Profit | Rs. 34.85 Cr | Rs. 36.38 Cr | Rs. 36.06 Cr | -0.88 % | + 3.47 % |
OPM % | 45.14 % | 43.29 % | 43.52 % | + 0.23 % | -1.62 % |
Other Income | Rs. 1.95 Cr | Rs. 8.13 Cr | Rs. 2.46 Cr | -69.74 % | + 26.15 % |
Interest | Rs. 0.31 Cr | Rs. 0.18 Cr | Rs. 0.34 Cr | + 88.89 % | + 9.68 % |
Depreciation | Rs. 2.92 Cr | Rs. 2.64 Cr | Rs. 2.68 Cr | + 1.52 % | -8.22 % |
Profit before tax | Rs. 33.57 Cr | Rs. 41.69 Cr | Rs. 35.5 Cr | -14.85 % | + 5.75 % |
Tax % | 26.04 % | 23.24 % | 27.89 % | + 4.65 % | + 1.85 % |
Net Profit | Rs. 24.83 Cr | Rs. 32 Cr | Rs. 25.6 Cr | -20 % | + 3.1 % |
EPS in Rs | Rs. 14.55 | Rs. 18.84 | Rs. 15.25 | -19.06 % | + 4.81 % |
Today, we’re looking at MPS 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 7.33 %. However, it did see a marginal slip of -1.4 % from the previous quarter. Expenses decreased slightly by -1.8 % quarter-on-quarter, aligning with the annual rise of 10.51 %. Operating profit, while up 3.47 % compared to last year, faced a quarter-on-quarter dip of -0.88 %, 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 -1.62 %, but an expansion of 0.23 % sequentially. Other income fell by -69.74 % compared to the last quarter, despite an annual growth of 26.15 %. Interest expenses surged remarkably by 88.89 % from the previous quarter, yet the year-over-year increase remains at a moderate 9.68 %. Depreciation costs climbed by 1.52 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -8.22 %. Profit before tax grew annually by 5.75 % but saw a reduction from the preceding quarter by -14.85 %.
Tax expenses as a percentage of profits increased slightly by 1.85 % compared to last year, with a more notable quarter-on-quarter increase of 4.65 %. Net profit rose by 3.1 % year-on-year but witnessed a -20 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 4.81 % but a quarterly fall of -19.06 %. In summary, MPS 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. 77.2 Cr | Rs. 84.04 Cr | Rs. 82.86 Cr | -1.4 % | + 7.33 % |
Expenses | Rs. 42.35 Cr | Rs. 47.66 Cr | Rs. 46.8 Cr | -1.8 % | + 10.51 % |
Operating Profit | Rs. 34.85 Cr | Rs. 36.38 Cr | Rs. 36.06 Cr | -0.88 % | + 3.47 % |
Net Profit | Rs. 24.83 Cr | Rs. 32 Cr | Rs. 25.6 Cr | -20 % | + 3.1 % |
EPS in Rs | Rs. 14.55 | Rs. 18.84 | Rs. 15.25 | -19.06 % | + 4.81 % |
In reviewing MPS Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 7.33 % year-on-year growth, although there was a slight dip of -1.4 % from the previous quarter. Expenses rose by 10.51 % compared to the previous year, with a decrease of -1.8 % quarter-on-quarter. Operating Profit surged by 3.47 % annually, and saw a -0.88 % decrease from the last quarter.
Net Profit showed yearly increase of 3.1 %, and experienced a -20 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 4.81 % annually, however dipped by -19.06 % compared to the last quarter. In essence, while MPS Limited exhibits strong annual growth indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.