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Highlights
- Sales over the Year and quarter: The company’s sales declined by -25.6 % over the year, decrease in net sales/revenue by -15.11 %.
- 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 127.98 %. Marginal increase in other income during this quarter, up by 26.4%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Maharashtra Seamless Ltd.. Profit dropped by -41.43 % Year to Year, Maharashtra Seamless Ltd.’s profitability dropped by -20.96 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -70.48 % Year to Year. EPS decreased by -20.84 % 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. 1632.86 Cr | Rs. 1431.13 Cr | Rs. 1214.9 Cr | -15.11 % | -25.6 % |
Expenses | Rs. 1311.44 Cr | Rs. 1061.14 Cr | Rs. 944.89 Cr | -10.96 % | -27.95 % |
Operating Profit | Rs. 321.42 Cr | Rs. 369.99 Cr | Rs. 270.01 Cr | -27.02 % | -15.99 % |
OPM % | 19.68 % | 25.85 % | 22.22 % | -3.63 % | + 2.54 % |
Other Income | Rs. 19.3 Cr | Rs. 34.81 Cr | Rs. 44 Cr | + 26.4 % | + 127.98 % |
Interest | Rs. 5.69 Cr | Rs. 0.69 Cr | Rs. 0.46 Cr | -33.33 % | -91.92 % |
Depreciation | Rs. 34.04 Cr | Rs. 25.74 Cr | Rs. 23.82 Cr | -7.46 % | -30.02 % |
Profit before tax | Rs. 300.99 Cr | Rs. 378.37 Cr | Rs. 289.73 Cr | -23.43 % | -3.74 % |
Tax % | 23.21 % | 26.22 % | 24.66 % | -1.56 % | + 1.45 % |
Net Profit | Rs. 372.69 Cr | Rs. 276.16 Cr | Rs. 218.28 Cr | -20.96 % | -41.43 % |
EPS in Rs | Rs. 27.61 | Rs. 20.59 | Rs. 16.3 | -20.84 % | -40.96 % |
Today, we’re looking at Maharashtra 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 -25.6 %. However, it did see a marginal slip of -15.11 % from the previous quarter. Expenses decreased slightly by -10.96 % quarter-on-quarter, aligning with the annual decline of -27.95 %. Operating profit, while down -15.99 % compared to last year, faced a quarter-on-quarter dip of -27.02 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 2.54 %, but a shrinkage of -3.63 % sequentially. Other income rose by 26.4 % compared to the last quarter, despite an annual growth of 127.98 %. Interest expenses dropped significantly by -33.33 % from the previous quarter, yet the year-over-year decrease remains at a moderate -91.92 %. Depreciation costs fell by -7.46 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -30.02 %. Profit before tax declined annually by -3.74 % but saw a reduction from the preceding quarter by -23.43 %.
Tax expenses as a percentage of profits increased slightly by 1.45 % compared to last year, with a more notable quarter-on-quarter decrease of -1.56 %. Net profit fell by -41.43 % year-on-year but witnessed a -20.96 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -40.96 % but a quarterly fall of -20.84 %. In summary, Maharashtra 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. 1632.86 Cr | Rs. 1431.13 Cr | Rs. 1214.9 Cr | -15.11 % | -25.6 % |
Expenses | Rs. 1311.44 Cr | Rs. 1061.14 Cr | Rs. 944.89 Cr | -10.96 % | -27.95 % |
Operating Profit | Rs. 321.42 Cr | Rs. 369.99 Cr | Rs. 270.01 Cr | -27.02 % | -15.99 % |
Net Profit | Rs. 372.69 Cr | Rs. 276.16 Cr | Rs. 218.28 Cr | -20.96 % | -41.43 % |
EPS in Rs | Rs. 27.61 | Rs. 20.59 | Rs. 16.3 | -20.84 % | -40.96 % |
In reviewing Maharashtra Seamless Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -25.6 % year-on-year, although there was a slight dip of -15.11 % from the previous quarter. Expenses decreased by -27.95 % compared to the previous year, with a decrease of -10.96 % quarter-on-quarter. Operating Profit dropped by -15.99 % annually, and saw a -27.02 % decrease from the last quarter.
Net Profit showed yearly decrease of -41.43 %, and experienced a -20.96 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -40.96 % annually, however dipped by -20.84 % compared to the last quarter. In essence, while Maharashtra Seamless Ltd. 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.