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Highlights
- Sales over the Year and quarter: The company’s sales declined by -8.03 % over the year, decrease in net sales/revenue by -1.17 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -40.24 %, Marginal increase in other income during this quarter, up by 11.36%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Mawana Sugars Ltd. Profit dropped by -9.7 % Year to Year, Mawana Sugars Ltd’s profitability increased by 167.35 % in this quarter.
- EPS over the Year and quarter: EPS declined by -9.68 % Year to Year. EPS increased by 167.56 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 350.33 Cr | Rs. 325.99 Cr | Rs. 322.19 Cr | -1.17 % | -8.03 % |
Expenses | Rs. 269.2 Cr | Rs. 284.81 Cr | Rs. 240.79 Cr | -15.46 % | -10.55 % |
Operating Profit | Rs. 81.13 Cr | Rs. 41.18 Cr | Rs. 81.4 Cr | + 97.67 % | + 0.33 % |
OPM % | 23.16 % | 12.63 % | 25.26 % | + 12.63 % | + 2.1 % |
Other Income | Rs. 0.82 Cr | Rs. 0.44 Cr | Rs. 0.49 Cr | + 11.36 % | -40.24 % |
Interest | Rs. 5.96 Cr | Rs. 3.01 Cr | Rs. 9.64 Cr | + 220.27 % | + 61.74 % |
Depreciation | Rs. 9.35 Cr | Rs. 9.45 Cr | Rs. 9.65 Cr | + 2.12 % | + 3.21 % |
Profit before tax | Rs. 66.64 Cr | Rs. 29.16 Cr | Rs. 62.6 Cr | + 114.68 % | -6.06 % |
Tax % | 21.16 % | 39.48 % | 24.86 % | -14.62 % | + 3.7 % |
Net Profit | Rs. 52.14 Cr | Rs. 17.61 Cr | Rs. 47.08 Cr | + 167.35 % | -9.7 % |
EPS in Rs | Rs. 13.33 | Rs. 4.5 | Rs. 12.04 | + 167.56 % | -9.68 % |
Today, we’re looking at Mawana Sugars Ltd’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -8.03 %. However, it did see a marginal slip of -1.17 % from the previous quarter. Expenses decreased slightly by -15.46 % quarter-on-quarter, aligning with the annual decline of -10.55 %. Operating profit, while up 0.33 % compared to last year, faced a quarter-on-quarter increase of 97.67 %, 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 2.1 %, but an expansion of 12.63 % sequentially. Other income rose by 11.36 % compared to the last quarter, despite an annual decline of -40.24 %. Interest expenses surged remarkably by 220.27 % from the previous quarter, yet the year-over-year increase remains at a moderate 61.74 %. Depreciation costs climbed by 2.12 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 3.21 %. Profit before tax declined annually by -6.06 % but saw an increase from the preceding quarter by 114.68 %.
Tax expenses as a percentage of profits increased slightly by 3.7 % compared to last year, with a more notable quarter-on-quarter decrease of -14.62 %. Net profit fell by -9.7 % year-on-year but experienced a 167.35 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -9.68 % but a quarterly rise of 167.56 %. In summary, Mawana Sugars 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. 350.33 Cr | Rs. 325.99 Cr | Rs. 322.19 Cr | -1.17 % | -8.03 % |
Expenses | Rs. 269.2 Cr | Rs. 284.81 Cr | Rs. 240.79 Cr | -15.46 % | -10.55 % |
Operating Profit | Rs. 81.13 Cr | Rs. 41.18 Cr | Rs. 81.4 Cr | + 97.67 % | + 0.33 % |
Net Profit | Rs. 52.14 Cr | Rs. 17.61 Cr | Rs. 47.08 Cr | + 167.35 % | -9.7 % |
EPS in Rs | Rs. 13.33 | Rs. 4.5 | Rs. 12.04 | + 167.56 % | -9.68 % |
In reviewing Mawana Sugars Ltd’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -8.03 % year-on-year, although there was a slight dip of -1.17 % from the previous quarter. Expenses decreased by -10.55 % compared to the previous year, with a decrease of -15.46 % quarter-on-quarter. Operating Profit surged by 0.33 % annually, and saw a 97.67 % increase from the last quarter.
Net Profit showed yearly decrease of -9.7 %, and experienced a 167.35 % increase from the previous quarter. Earnings Per Share (EPS) fell by -9.68 % annually, however rose by 167.56 % compared to the last quarter. In essence, while Mawana Sugars Ltd faces strong annual decline 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.