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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 9.54 % in the past year, substantial increase in net sales/revenue by 0.43 %.
- 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 4.21 %. Marginal decrease of -0.69% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Mahindra & Mahindra Ltd.. Notable increase of 4.22 % in net profit Year to Year, Mahindra & Mahindra Ltd.’s profitability increased by 4.97 % in this quarter.
- EPS over the Year and quarter: EPS increased by 4.35 % Year to Year. EPS increased by 3.56 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 32365.6 Cr | Rs. 35299.39 Cr | Rs. 35451.73 Cr | + 0.43 % | + 9.54 % |
Expenses | Rs. 26797.92 Cr | Rs. 29075.41 Cr | Rs. 28847.82 Cr | -0.78 % | + 7.65 % |
Operating Profit | Rs. 5567.68 Cr | Rs. 6223.98 Cr | Rs. 6603.91 Cr | + 6.1 % | + 18.61 % |
OPM % | 17.2 % | 17.63 % | 18.63 % | + 1 % | + 1.43 % |
Other Income | Rs. 720.14 Cr | Rs. 755.69 Cr | Rs. 750.44 Cr | -0.69 % | + 4.21 % |
Interest | Rs. 1633.56 Cr | Rs. 1944.88 Cr | Rs. 1989.3 Cr | + 2.28 % | + 21.78 % |
Depreciation | Rs. 1194.4 Cr | Rs. 1122.59 Cr | Rs. 1335.05 Cr | + 18.93 % | + 11.78 % |
Profit before tax | Rs. 3459.86 Cr | Rs. 3912.2 Cr | Rs. 4030 Cr | + 3.01 % | + 16.48 % |
Tax % | 15.15 % | 25.5 % | 24.9 % | -0.6 % | + 9.75 % |
Net Profit | Rs. 2998.37 Cr | Rs. 2977.04 Cr | Rs. 3124.94 Cr | + 4.97 % | + 4.22 % |
EPS in Rs | Rs. 23.58 | Rs. 23.76 | Rs. 24.61 | + 3.58 % | + 4.37 % |
Today, we’re looking at Mahindra & Mahindra Ltd.’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 9.54 %. However, it did see a marginal increase of 0.43 % from the previous quarter. Expenses decreased slightly by -0.78 % quarter-on-quarter, aligning with the annual rise of 7.65 %. Operating profit, while up 18.61 % compared to last year, faced a quarter-on-quarter increase of 6.1 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 1.43 %, but an expansion of 1 % sequentially. Other income fell by -0.69 % compared to the last quarter, despite an annual growth of 4.21 %. Interest expenses surged remarkably by 2.28 % from the previous quarter, yet the year-over-year increase remains at a moderate 21.78 %. Depreciation costs climbed by 18.93 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 11.78 %. Profit before tax grew annually by 16.48 % but saw an increase from the preceding quarter by 3.01 %.
Tax expenses as a percentage of profits increased slightly by 9.75 % compared to last year, with a more notable quarter-on-quarter decrease of -0.6 %. Net profit rose by 4.22 % year-on-year but experienced a 4.97 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 4.37 % but a quarterly rise of 3.58 %. In summary, Mahindra & Mahindra 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. 32365.6 Cr | Rs. 35299.39 Cr | Rs. 35451.73 Cr | + 0.43 % | + 9.54 % |
Expenses | Rs. 26797.92 Cr | Rs. 29075.41 Cr | Rs. 28847.82 Cr | -0.78 % | + 7.65 % |
Operating Profit | Rs. 5567.68 Cr | Rs. 6223.98 Cr | Rs. 6603.91 Cr | + 6.1 % | + 18.61 % |
Net Profit | Rs. 2998.37 Cr | Rs. 2977.04 Cr | Rs. 3124.94 Cr | + 4.97 % | + 4.22 % |
EPS in Rs | Rs. 23.58 | Rs. 23.76 | Rs. 24.61 | + 3.58 % | + 4.37 % |
In reviewing Mahindra & Mahindra Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 9.54 % year-on-year growth, however, there was a minor increase of 0.43 % from the previous quarter. Expenses rose by 7.65 % compared to the previous year, with a decrease of -0.78 % quarter-on-quarter. Operating Profit surged by 18.61 % annually, and saw a 6.1 % increase from the last quarter.
Net Profit showed yearly increase of 4.22 %, and experienced a 4.97 % increase from the previous quarter. Earnings Per Share (EPS) rose by 4.37 % annually, however rose by 3.58 % compared to the last quarter. In essence, while Mahindra & Mahindra 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.