Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 19.63 % in the past year, substantial increase in net sales/revenue by 4.44 %.
- 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 590.28 %. Marginal increase in other income during this quarter, up by 1888%.
- Profit over the Year and quarter: Significant improvement in profitability for MAGELLANIC CLOUD LIMITED. Notable increase of 120.4 % in net profit Year to Year, MAGELLANIC CLOUD LIMITED’s profitability increased by 73.28 % in this quarter.
- EPS over the Year and quarter: EPS increased by 110.63 % Year to Year. EPS increased by 74.61 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 114.693 Cr | Rs. 131.379 Cr | Rs. 137.206 Cr | + 4.44 % | + 19.63 % |
| Expenses | Rs. 82.45 Cr | Rs. 80.57 Cr | Rs. 83.34 Cr | + 3.44 % | + 1.08 % |
| Operating Profit | Rs. 32.24 Cr | Rs. 50.81 Cr | Rs. 53.87 Cr | + 6.02 % | + 67.09 % |
| OPM % | 28.11 % | 38.67 % | 39.26 % | + 0.59 % | + 11.15 % |
| Other Income | Rs. 2.16 Cr | Rs. 0.75 Cr | Rs. 14.91 Cr | + 1888 % | + 590.28 % |
| Interest | Rs. 3.06 Cr | Rs. 5.42 Cr | Rs. 6.19 Cr | + 14.21 % | + 102.29 % |
| Depreciation | Rs. 7.16 Cr | Rs. 12.22 Cr | Rs. 10.88 Cr | -10.97 % | + 51.96 % |
| Profit before tax | Rs. 24.18 Cr | Rs. 33.92 Cr | Rs. 51.71 Cr | + 52.45 % | + 113.85 % |
| Tax % | 25.92 % | 33.11 % | 23.74 % | -9.37 % | -2.18 % |
| Net Profit | Rs. 17.89 Cr | Rs. 22.76 Cr | Rs. 39.43 Cr | + 73.24 % | + 120.4 % |
| EPS in Rs | Rs. 1.6 | Rs. 1.93 | Rs. 3.37 | + 74.61 % | + 110.63 % |
Today, we’re looking at MAGELLANIC CLOUD 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 19.63 %. However, it did see a marginal increase of 4.44 % from the previous quarter. Expenses ticked up slightly by 3.44 % quarter-on-quarter, aligning with the annual rise of 1.08 %. Operating profit, while up 67.09 % compared to last year, faced a quarter-on-quarter increase of 6.02 %, 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 11.15 %, but an expansion of 0.59 % sequentially. Other income rose by 1888 % compared to the last quarter, despite an annual growth of 590.28 %. Interest expenses surged remarkably by 14.21 % from the previous quarter, yet the year-over-year increase remains at a moderate 102.29 %. Depreciation costs fell by -10.97 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 51.96 %. Profit before tax grew annually by 113.85 % but saw an increase from the preceding quarter by 52.45 %.
Tax expenses as a percentage of profits decreased slightly by -2.18 % compared to last year, with a more notable quarter-on-quarter decrease of -9.37 %. Net profit rose by 120.4 % year-on-year but experienced a 73.24 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 110.63 % but a quarterly rise of 74.61 %. In summary, MAGELLANIC CLOUD 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. 114.693 Cr | Rs. 131.379 Cr | Rs. 137.206 Cr | + 4.44 % | + 19.63 % |
| Expenses | Rs. 82.45 Cr | Rs. 80.57 Cr | Rs. 83.34 Cr | + 3.44 % | + 1.08 % |
| Operating Profit | Rs. 32.24 Cr | Rs. 50.81 Cr | Rs. 53.87 Cr | + 6.02 % | + 67.09 % |
| Net Profit | Rs. 17.89 Cr | Rs. 22.76 Cr | Rs. 39.43 Cr | + 73.24 % | + 120.4 % |
| EPS in Rs | Rs. 1.6 | Rs. 1.93 | Rs. 3.37 | + 74.61 % | + 110.63 % |
In reviewing MAGELLANIC CLOUD LIMITED’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 19.63 % year-on-year growth, however, there was a minor increase of 4.44 % from the previous quarter. Expenses rose by 1.08 % compared to the previous year, with a 3.44 % increase quarter-on-quarter. Operating Profit surged by 67.09 % annually, and saw a 6.02 % increase from the last quarter.
Net Profit showed yearly increase of 120.4 %, and experienced a 73.24 % increase from the previous quarter. Earnings Per Share (EPS) rose by 110.63 % annually, however rose by 74.61 % compared to the last quarter. In essence, while MAGELLANIC CLOUD 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.
