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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 0.3 % in the past year, decrease in net sales/revenue by -11.36 %.
- 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 63.13 %. Marginal increase in other income during this quarter, up by 5120%.
- Profit over the Year and quarter: Challenges in sustaining profitability for MAHINDRA EPC IRRIGATION LIMITED. Profit dropped by -45.62 % Year to Year, MAHINDRA EPC IRRIGATION LIMITED’s profitability dropped by -10.78 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -45.92 % Year to Year. EPS decreased by -11.67 % 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. 70.96 Cr | Rs. 80.29 Cr | Rs. 71.17 Cr | -11.36 % | + 0.3 % |
Expenses | Rs. 67.98 Cr | Rs. 76.4 Cr | Rs. 70.05 Cr | -8.31 % | + 3.05 % |
Operating Profit | Rs. 2.98 Cr | Rs. 3.89 Cr | Rs. 1.12 Cr | -71.21 % | -62.42 % |
OPM % | 4.2 % | 4.84 % | 1.57 % | -3.27 % | -2.63 % |
Other Income | Rs. 1.6 Cr | Rs. 0.05 Cr | Rs. 2.61 Cr | + 5120 % | + 63.13 % |
Interest | Rs. 0.46 Cr | Rs. 0.73 Cr | Rs. 0.75 Cr | + 2.74 % | + 63.04 % |
Depreciation | Rs. 0.79 Cr | Rs. 0.78 Cr | Rs. 0.81 Cr | + 3.85 % | + 2.53 % |
Profit before tax | Rs. 3.33 Cr | Rs. 2.43 Cr | Rs. 2.17 Cr | -10.7 % | -34.83 % |
Tax % | 17.1 % | 27.07 % | 29.05 % | + 1.98 % | + 11.95 % |
Net Profit | Rs. 2.74 Cr | Rs. 1.67 Cr | Rs. 1.49 Cr | -10.78 % | -45.62 % |
EPS in Rs | Rs. 0.98 | Rs. 0.6 | Rs. 0.53 | -11.67 % | -45.92 % |
Today, we’re looking at MAHINDRA EPC IRRIGATION LIMITED’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 0.3 %. However, it did see a marginal slip of -11.36 % from the previous quarter. Expenses decreased slightly by -8.31 % quarter-on-quarter, aligning with the annual rise of 3.05 %. Operating profit, while down -62.42 % compared to last year, faced a quarter-on-quarter dip of -71.21 %, 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 -2.63 %, but a shrinkage of -3.27 % sequentially. Other income rose by 5120 % compared to the last quarter, despite an annual growth of 63.13 %. Interest expenses surged remarkably by 2.74 % from the previous quarter, yet the year-over-year increase remains at a moderate 63.04 %. Depreciation costs climbed by 3.85 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 2.53 %. Profit before tax declined annually by -34.83 % but saw a reduction from the preceding quarter by -10.7 %.
Tax expenses as a percentage of profits increased slightly by 11.95 % compared to last year, with a more notable quarter-on-quarter increase of 1.98 %. Net profit fell by -45.62 % year-on-year but witnessed a -10.78 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -45.92 % but a quarterly fall of -11.67 %. In summary, MAHINDRA EPC IRRIGATION 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. 70.96 Cr | Rs. 80.29 Cr | Rs. 71.17 Cr | -11.36 % | + 0.3 % |
Expenses | Rs. 67.98 Cr | Rs. 76.4 Cr | Rs. 70.05 Cr | -8.31 % | + 3.05 % |
Operating Profit | Rs. 2.98 Cr | Rs. 3.89 Cr | Rs. 1.12 Cr | -71.21 % | -62.42 % |
Net Profit | Rs. 2.74 Cr | Rs. 1.67 Cr | Rs. 1.49 Cr | -10.78 % | -45.62 % |
EPS in Rs | Rs. 0.98 | Rs. 0.6 | Rs. 0.53 | -11.67 % | -45.92 % |
In reviewing MAHINDRA EPC IRRIGATION LIMITED’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 0.3 % year-on-year growth, although there was a slight dip of -11.36 % from the previous quarter. Expenses rose by 3.05 % compared to the previous year, with a decrease of -8.31 % quarter-on-quarter. Operating Profit dropped by -62.42 % annually, and saw a -71.21 % decrease from the last quarter.
Net Profit showed yearly decrease of -45.62 %, and experienced a -10.78 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -45.92 % annually, however dipped by -11.67 % compared to the last quarter. In essence, while MAHINDRA EPC IRRIGATION 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.