NIFTY 50 23263.5 ▼ (0.35%)
NIFTY NEXT 50 64103.25 ▼ (1.54%)
NIFTY 100 23912.1 ▼ (0.57%)
NIFTY MIDCAP 100 54342.05 ▼ (1.39%)
NIFTY SMALLCAP 100 17592.6 ▼ (1.52%)
NIFTY SMALLCAP 250 16596.65 ▼ (1.45%)
NIFTY MIDCAP SELECT 12140.85 ▼ (1.75%)
NIFTY TOTAL MARKET 12207.4 ▼ (0.79%)
NIFTY BANK 48888.4 ▼ (0.94%)
SENSEX 76617.02 ▼ (0.59%)
BSE BANKEX 55407.15 ▼ (1.12%)

Mahamaya Steel Industries ‘s Q2 Update: Profit Falls by 85.16% Year-on-Year

[fetch_key]

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.

The comprehensive analytics outlining the performance and outlook of Mahamaya Steel Industries Limited‘s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

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.

[my_shortcode1 values=”Mahamaya Steel Industries Limited”]

Join our telegram for more updates

Stay Updated with Our YouTube Videos

Related Post