Highlights
- Sales over the Year and quarter: The company’s sales declined by -74.49 % over the year, substantial increase in net sales/revenue by 0.43 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -95.83 %, Marginal increase in other income during this quarter, up by 100%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Mahalaxmi Seamless Ltd.. Profit dropped by -45.74 % Year to Year, Mahalaxmi Seamless Ltd.’s profitability increased by 600 % in this quarter.
- EPS over the Year and quarter: EPS declined by -45.21 % Year to Year. EPS increased by 566.67 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 1.827 Cr | Rs. 0.464 Cr | Rs. 0.466 Cr | + 0.43 % | -74.49 % |
Expenses | Rs. 1 Cr | Rs. 0.29 Cr | Rs. 0.3 Cr | + 3.45 % | -70 % |
Operating Profit | Rs. 0.83 Cr | Rs. 0.17 Cr | Rs. 0.17 Cr | + 0 % | -79.52 % |
OPM % | 45.43 % | 36.64 % | 36.48 % | -0.16 % | -8.95 % |
Other Income | Rs. 0.48 Cr | Rs. 0.01 Cr | Rs. 0.02 Cr | + 100 % | -95.83 % |
Interest | Rs. 0.11 Cr | Rs. 0.02 Cr | Rs. 0.02 Cr | + 0 % | -81.82 % |
Depreciation | Rs. 0.47 Cr | Rs. 0.12 Cr | Rs. 0.09 Cr | -25 % | -80.85 % |
Profit before tax | Rs. 0.73 Cr | Rs. 0.04 Cr | Rs. 0.08 Cr | + 100 % | -89.04 % |
Tax % | 15.13 % | 31.82 % | 151.19 % | + 119.37 % | + 136.06 % |
Net Profit | Rs. 0.39 Cr | Rs. 0.03 Cr | Rs. 0.21 Cr | + 600 % | -46.15 % |
EPS in Rs | Rs. 0.73 | Rs. 0.06 | Rs. 0.4 | + 566.67 % | -45.21 % |
Today, we’re looking at Mahalaxmi Seamless 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 -74.49 %. However, it did see a marginal increase of 0.43 % from the previous quarter. Expenses ticked up slightly by 3.45 % quarter-on-quarter, aligning with the annual decline of -70 %. Operating profit, while down -79.52 % compared to last year, faced a quarter-on-quarter increase of 0 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -8.95 %, but a shrinkage of -0.16 % sequentially. Other income rose by 100 % compared to the last quarter, despite an annual decline of -95.83 %. Interest expenses surged remarkably by 0 % from the previous quarter, yet the year-over-year decrease remains at a moderate -81.82 %. Depreciation costs fell by -25 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -80.85 %. Profit before tax declined annually by -89.04 % but saw an increase from the preceding quarter by 100 %.
Tax expenses as a percentage of profits increased slightly by 136.06 % compared to last year, with a more notable quarter-on-quarter increase of 119.37 %. Net profit fell by -46.15 % year-on-year but experienced a 600 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -45.21 % but a quarterly rise of 566.67 %. In summary, Mahalaxmi Seamless 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. 1.827 Cr | Rs. 0.464 Cr | Rs. 0.466 Cr | + 0.43 % | -74.49 % |
Expenses | Rs. 1 Cr | Rs. 0.29 Cr | Rs. 0.3 Cr | + 3.45 % | -70 % |
Operating Profit | Rs. 0.83 Cr | Rs. 0.17 Cr | Rs. 0.17 Cr | + 0 % | -79.52 % |
Net Profit | Rs. 0.39 Cr | Rs. 0.03 Cr | Rs. 0.21 Cr | + 600 % | -46.15 % |
EPS in Rs | Rs. 0.73 | Rs. 0.06 | Rs. 0.4 | + 566.67 % | -45.21 % |
In reviewing Mahalaxmi Seamless Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -74.49 % year-on-year, however, there was a minor increase of 0.43 % from the previous quarter. Expenses decreased by -70 % compared to the previous year, with a 3.45 % increase quarter-on-quarter. Operating Profit dropped by -79.52 % annually, and saw a 0 % increase from the last quarter.
Net Profit showed yearly decrease of -46.15 %, and experienced a 600 % increase from the previous quarter. Earnings Per Share (EPS) fell by -45.21 % annually, however rose by 566.67 % compared to the last quarter. In essence, while Mahalaxmi Seamless 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.