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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 23.44% in the past year Substantial increase in net sales/revenue by 37.12%.
- 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 384.64%Marginal increase in other income during this quarter, up by 202.34%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Macrotech Developers Limited. Profit dropped by -10.61% Year to YearMacrotech Developers Limited’s profitability increased by 32.03% in this quarter.
- EPS over the Year and quarter: EPS declined by -55.73% Year to Year.EPS increased by 31.03%. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 3255.38 Cr | Rs. 2930.6 Cr | Rs. 4018.5 Cr | + 37.12% | + 23.44% |
Expenses | Rs. 2483.72 Cr | Rs. 2047.9 Cr | Rs. 2971.6 Cr | + 45.1% | + 19.64% |
Operating Profit | Rs. 771.66 Cr | Rs. 882.7 Cr | Rs. 1046.9 Cr | + 18.6% | + 35.67% |
OPM % | 23.7 % | 30.12 % | 26.05 % | -4.07% | + 2.35% |
Other Income | Rs. 13.35 Cr | Rs. 21.4 Cr | Rs. 64.7 Cr | + 202.34% | + 384.64% |
Interest | Rs. 117.19 Cr | Rs. 116.8 Cr | Rs. 115.8 Cr | -0.86% | -1.19% |
Depreciation | Rs. 29.61 Cr | Rs. 33.3 Cr | Rs. 117.3 Cr | + 252.25% | + 296.15% |
Profit before tax | Rs. 638.21 Cr | Rs. 754 Cr | Rs. 878.5 Cr | + 16.51% | + 37.65% |
Tax % | 16.84 % | 21.94 % | 24.06 % | + 2.12% | + 7.22% |
Net Profit | Rs. 746.18 Cr | Rs. 505.2 Cr | Rs. 667 Cr | + 32.03% | -10.61% |
EPS in Rs | Rs. 15.45 | Rs. 5.22 | Rs. 6.84 | + 31.03% | -55.73% |
Today, we’re looking at Macrotech Developers 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 23.44%. However, it did see a marginal increase of 37.12% from the previous quarter.Expenses ticked up slightly by 45.1% quarter-on-quarter, aligning with the annual rise of 19.64%. Operating profit, while up 35.67% compared to last year, faced a quarter-on-quarter increase of 18.6%, 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 2.35%, but a shrinkage of -4.07% sequentially. Other income rose by 202.34% compared to the last quarter,despite an annual growth of 384.64%. Interest expenses dropped significantly by -0.86% from the previous quarter, yet the year-over-year decrease remains at a moderate -1.19%. Depreciation costs climbed by 252.25% quarter-on-quarter, whereas on an annual scale, they saw an increase of 296.15%. Profit before tax grew annually by 37.65% but saw an increase from the preceding quarter by 16.51%.
Tax expenses as a percentage of profits increased slightly by 7.22% compared to last year, with a more notable quarter-on-quarter increase of 2.12%. Net profit fell by -10.61% year-on-yearbut experienced a 32.03% expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -55.73% but a quarterly rise of 31.03%. In summary, Macrotech Developers 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. 3255.38 Cr | Rs. 2930.6 Cr | Rs. 4018.5 Cr | + 37.12% | + 23.44% |
Expenses | Rs. 2483.72 Cr | Rs. 2047.9 Cr | Rs. 2971.6 Cr | + 45.1% | + 19.64% |
Operating Profit | Rs. 771.66 Cr | Rs. 882.7 Cr | Rs. 1046.9 Cr | + 18.6% | + 35.67% |
Net Profit | Rs. 746.18 Cr | Rs. 505.2 Cr | Rs. 667 Cr | + 32.03% | -10.61% |
EPS in Rs | Rs. 15.45 | Rs. 5.22 | Rs. 6.84 | + 31.03% | -55.73% |
In reviewing Macrotech Developers Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 13.62% year-on-year growth, however, there was a minor increase of 37.12% from the previous quarter. Expenses rose by 19.64% compared to the previous year, with a 45.1% increase quarter-on-quarter. Operating Profit surged by 35.67% annually, and saw a 18.6% increase from the last quarter.
Net Profit showed yearly decrease of -10.61%, and experienced a 32.03% increase from the previous quarter. Earnings Per Share (EPS) fell by -55.73% annually, however rose by 31.03% compared to the last quarter. In essence, while Macrotech Developers 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.