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Highlights
- Sales over the Year and quarter: The company’s sales declined by -9.69 % over the year, substantial increase in net sales/revenue by 11.47 %.
- 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 66.67 %. Marginal increase in other income during this quarter, up by 64.47%.
- Profit over the Year and quarter: Challenges in sustaining profitability for MAAN ALUMINIUM LIMITED. Profit dropped by -49.65 % Year to Year, MAAN ALUMINIUM LIMITED’s profitability dropped by -2.15 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -87.38 % Year to Year. EPS decreased by -2.17 % 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. 262.87 Cr | Rs. 212.97 Cr | Rs. 237.4 Cr | + 11.47 % | -9.69 % |
Expenses | Rs. 242.07 Cr | Rs. 202.11 Cr | Rs. 228.13 Cr | + 12.87 % | -5.76 % |
Operating Profit | Rs. 20.8 Cr | Rs. 10.86 Cr | Rs. 9.27 Cr | -14.64 % | -55.43 % |
OPM % | 7.91 % | 5.1 % | 3.9 % | -1.2 % | -4.01 % |
Other Income | Rs. 1.5 Cr | Rs. 1.52 Cr | Rs. 2.5 Cr | + 64.47 % | + 66.67 % |
Interest | Rs. 1.62 Cr | Rs. 1.19 Cr | Rs. 0.8 Cr | -32.77 % | -50.62 % |
Depreciation | Rs. 1.32 Cr | Rs. 1.18 Cr | Rs. 1.22 Cr | + 3.39 % | -7.58 % |
Profit before tax | Rs. 19.36 Cr | Rs. 10.01 Cr | Rs. 9.75 Cr | -2.6 % | -49.64 % |
Tax % | 25.31 % | 25.67 % | 25.33 % | -0.34 % | + 0.02 % |
Net Profit | Rs. 14.46 Cr | Rs. 7.44 Cr | Rs. 7.28 Cr | -2.15 % | -49.65 % |
EPS in Rs | Rs. 10.7 | Rs. 1.38 | Rs. 1.35 | -2.17 % | -87.38 % |
Today, we’re looking at MAAN ALUMINIUM LIMITED’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -9.69 %. However, it did see a marginal increase of 11.47 % from the previous quarter. Expenses ticked up slightly by 12.87 % quarter-on-quarter, aligning with the annual decline of -5.76 %. Operating profit, while down -55.43 % compared to last year, faced a quarter-on-quarter dip of -14.64 %, 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 -4.01 %, but a shrinkage of -1.2 % sequentially. Other income rose by 64.47 % compared to the last quarter, despite an annual growth of 66.67 %. Interest expenses dropped significantly by -32.77 % from the previous quarter, yet the year-over-year decrease remains at a moderate -50.62 %. Depreciation costs climbed by 3.39 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -7.58 %. Profit before tax declined annually by -49.64 % but saw a reduction from the preceding quarter by -2.6 %.
Tax expenses as a percentage of profits increased slightly by 0.02 % compared to last year, with a more notable quarter-on-quarter decrease of -0.34 %. Net profit fell by -49.65 % year-on-year but witnessed a -2.15 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -87.38 % but a quarterly fall of -2.17 %. In summary, MAAN ALUMINIUM 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. 262.87 Cr | Rs. 212.97 Cr | Rs. 237.4 Cr | + 11.47 % | -9.69 % |
Expenses | Rs. 242.07 Cr | Rs. 202.11 Cr | Rs. 228.13 Cr | + 12.87 % | -5.76 % |
Operating Profit | Rs. 20.8 Cr | Rs. 10.86 Cr | Rs. 9.27 Cr | -14.64 % | -55.43 % |
Net Profit | Rs. 14.46 Cr | Rs. 7.44 Cr | Rs. 7.28 Cr | -2.15 % | -49.65 % |
EPS in Rs | Rs. 10.7 | Rs. 1.38 | Rs. 1.35 | -2.17 % | -87.38 % |
In reviewing MAAN ALUMINIUM LIMITED’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -9.69 % year-on-year, however, there was a minor increase of 11.47 % from the previous quarter. Expenses decreased by -5.76 % compared to the previous year, with a 12.87 % increase quarter-on-quarter. Operating Profit dropped by -55.43 % annually, and saw a -14.64 % decrease from the last quarter.
Net Profit showed yearly decrease of -49.65 %, and experienced a -2.15 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -87.38 % annually, however dipped by -2.17 % compared to the last quarter. In essence, while MAAN ALUMINIUM 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.