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Highlights
- The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company’s sales declined by -16.71 % over the year, decrease in net sales/revenue by -26.67 %.
- 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 304.9 %. Marginal increase in other income during this quarter, up by 1429.63%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Mahamaya Steel Industries Limited. Profit dropped by -85.36 % Year to Year, Mahamaya Steel Industries Limited’s profitability dropped by -74.03 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -85.11 % Year to Year. EPS decreased by -73.58 % 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. 185.772 Cr | Rs. 211.028 Cr | Rs. 154.738 Cr | -26.67 % | -16.71 % |
Expenses | Rs. 181.63 Cr | Rs. 207.01 Cr | Rs. 151.81 Cr | -26.67 % | -16.42 % |
Operating Profit | Rs. 4.14 Cr | Rs. 4.02 Cr | Rs. 2.93 Cr | -27.11 % | -29.23 % |
OPM % | 2.23 % | 1.9 % | 1.89 % | -0.01 % | -0.34 % |
Other Income | Rs. 0.102 Cr | Rs. 0.027 Cr | Rs. 0.413 Cr | + 1429.63 % | + 304.9 % |
Interest | Rs. 0.95 Cr | Rs. 1.08 Cr | Rs. 1 Cr | -7.41 % | + 5.26 % |
Depreciation | Rs. 1.77 Cr | Rs. 1.89 Cr | Rs. 1.92 Cr | + 1.59 % | + 8.47 % |
Profit before tax | Rs. 1.52 Cr | Rs. 1.08 Cr | Rs. 0.42 Cr | -61.11 % | -72.37 % |
Tax % | 28.33 % | 29.18 % | 50.36 % | + 21.18 % | + 22.03 % |
Net Profit | Rs. 1.55 Cr | Rs. 0.87 Cr | Rs. 0.23 Cr | -73.56 % | -85.16 % |
EPS in Rs | Rs. 0.94 | Rs. 0.53 | Rs. 0.14 | -73.58 % | -85.11 % |
Today, we’re looking at Mahamaya Steel Industries Limited’s financial performance for the Q2(Sep 2024-25).Starting with the top line, the company reported a significant year-over-year sales decline of -16.71 %. However, it did see a marginal slip of -26.67 % from the previous quarter. Expenses decreased slightly by -26.67 % quarter-on-quarter, aligning with the annual decline of -16.42 %. Operating profit, while down -29.23 % compared to last year, faced a quarter-on-quarter dip of -27.11 %, 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 -0.34 %, but a shrinkage of -0.01 % sequentially. Other income rose by 1429.63 % compared to the last quarter, despite an annual growth of 304.9 %. Interest expenses dropped significantly by -7.41 % from the previous quarter, yet the year-over-year increase remains at a moderate 5.26 %. Depreciation costs climbed by 1.59 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 8.47 %. Profit before tax declined annually by -72.37 % but saw a reduction from the preceding quarter by -61.11 %.
Tax expenses as a percentage of profits increased slightly by 22.03 % compared to last year, with a more notable quarter-on-quarter increase of 21.18 %. Net profit fell by -85.16 % year-on-year but witnessed a -73.56 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -85.11 % but a quarterly fall of -73.58 %. In summary, Mahamaya Steel Industries 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. 185.772 Cr | Rs. 211.028 Cr | Rs. 154.738 Cr | -26.67 % | -16.71 % |
Expenses | Rs. 181.63 Cr | Rs. 207.01 Cr | Rs. 151.81 Cr | -26.67 % | -16.42 % |
Operating Profit | Rs. 4.14 Cr | Rs. 4.02 Cr | Rs. 2.93 Cr | -27.11 % | -29.23 % |
Net Profit | Rs. 1.55 Cr | Rs. 0.87 Cr | Rs. 0.23 Cr | -73.56 % | -85.16 % |
EPS in Rs | Rs. 0.94 | Rs. 0.53 | Rs. 0.14 | -73.58 % | -85.11 % |
In reviewing Mahamaya Steel Industries Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -16.71 % year-on-year, although there was a slight dip of -26.67 % from the previous quarter. Expenses decreased by -16.42 % compared to the previous year, with a decrease of -26.67 % quarter-on-quarter. Operating Profit dropped by -29.23 % annually, and saw a -27.11 % decrease from the last quarter.
Net Profit showed yearly decrease of -85.16 %, and experienced a -73.56 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -85.11 % annually, however dipped by -73.58 % compared to the last quarter. In essence, while Mahamaya Steel Industries 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.
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