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Highlights
- Sales over the Year and quarter: The company’s sales declined by -99.63 % over the year, decrease in net sales/revenue by -99.51 %.
- Income over the Year and quarter:
- Profit over the Year and quarter: Challenges in sustaining profitability for Maharashtra Scooters Limited. Profit dropped by -99.94 % Year to Year, Maharashtra Scooters Limited’s profitability dropped by -99.79 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -99.74 % Year to Year. EPS decreased by -99.14 % 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. 1387.937 Cr | Rs. 1046.971 Cr | Rs. 5.18 Cr | -99.51 % | -99.63 % |
Expenses | Rs. 1101.14 Cr | Rs. 991.09 Cr | Rs. 4.49 Cr | -99.55 % | -99.59 % |
Operating Profit | Rs. 286.8 Cr | Rs. 55.88 Cr | Rs. 0.69 Cr | -98.77 % | -99.76 % |
OPM % | 20.66 % | 5.34 % | 13.32 % | + 7.98 % | -7.34 % |
Other Income | Rs. 18.96 Cr | Rs. 34.27 Cr | Rs. 0 Cr | + 0 % | + 0 % |
Interest | Rs. 12.21 Cr | Rs. 7.52 Cr | Rs. 0 Cr | + 0 % | + 0 % |
Depreciation | Rs. 16.04 Cr | Rs. 15.78 Cr | Rs. 0.52 Cr | -96.7 % | -96.76 % |
Profit before tax | Rs. 277.51 Cr | Rs. 66.85 Cr | Rs. 0.17 Cr | -99.75 % | -99.94 % |
Tax % | 43.18 % | 27.9 % | 41.18 % | + 13.28 % | -2 % |
Net Profit | Rs. 157.69 Cr | Rs. 48.2 Cr | Rs. 0.1 Cr | -99.79 % | -99.94 % |
EPS in Rs | Rs. 37.87 | Rs. 11.57 | Rs. 0.1 | -99.14 % | -99.74 % |
Today, we’re looking at Maharashtra Scooters Limited’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -99.63 %. However, it did see a marginal slip of -99.51 % from the previous quarter. Expenses decreased slightly by -99.55 % quarter-on-quarter, aligning with the annual decline of -99.59 %. Operating profit, while down -99.76 % compared to last year, faced a quarter-on-quarter dip of -98.77 %, 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 -7.34 %, but an expansion of 7.98 % sequentially. Other income rose by 200.85 % compared to the last quarter, despite an annual growth of 443.78 %. Interest expenses surged remarkably by 1706.78 % from the previous quarter, yet the year-over-year increase remains at a moderate 1012.78 %. Depreciation costs fell by -96.7 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -96.76 %. Profit before tax declined annually by -99.94 % but saw a reduction from the preceding quarter by -99.75 %.
Tax expenses as a percentage of profits decreased slightly by -2 % compared to last year, with a more notable quarter-on-quarter increase of 13.28 %. Net profit fell by -99.94 % year-on-year but witnessed a -99.79 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -99.74 % but a quarterly fall of -99.14 %. In summary, Maharashtra Scooters 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. 1387.937 Cr | Rs. 1046.971 Cr | Rs. 5.18 Cr | -99.51 % | -99.63 % |
Expenses | Rs. 1101.14 Cr | Rs. 991.09 Cr | Rs. 4.49 Cr | -99.55 % | -99.59 % |
Operating Profit | Rs. 286.8 Cr | Rs. 55.88 Cr | Rs. 0.69 Cr | -98.77 % | -99.76 % |
Net Profit | Rs. 157.69 Cr | Rs. 48.2 Cr | Rs. 0.1 Cr | -99.79 % | -99.94 % |
EPS in Rs | Rs. 37.87 | Rs. 11.57 | Rs. 0.1 | -99.14 % | -99.74 % |
In reviewing Maharashtra Scooters Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -99.63 % year-on-year, although there was a slight dip of -99.51 % from the previous quarter. Expenses decreased by -99.59 % compared to the previous year, with a decrease of -99.55 % quarter-on-quarter. Operating Profit dropped by -99.76 % annually, and saw a -98.77 % decrease from the last quarter.
Net Profit showed yearly decrease of -99.94 %, and experienced a -99.79 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -99.74 % annually, however dipped by -99.14 % compared to the last quarter. In essence, while Maharashtra Scooters 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.