NIFTY 50 23396.05 ▲ (0.22%)
NIFTY NEXT 50 64963.05 ▼ (0.22%)
NIFTY 100 24082.4 ▲ (0.14%)
NIFTY MIDCAP 100 55078.7 ▼ (0.05%)
NIFTY SMALLCAP 100 17918.4 ▲ (0.3%)
NIFTY SMALLCAP 250 16901.25 ▲ (0.36%)
NIFTY MIDCAP SELECT 12329.3 ▼ (0.22%)
NIFTY TOTAL MARKET 12325.55 ▲ (0.17%)
NIFTY BANK 49343.75 ▼ (0.01%)
SENSEX 77169.93 ▲ (0.13%)
BSE BANKEX 56026.51 ▼ (0.02%)

Maithan Alloys ‘s Q2 Financial results: Revenue Grows by 4.64% YoY

[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 experienced a substantial growth of 4.64 % in the past year, substantial increase in net sales/revenue by 23.77 %.
  • 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 200.87 %. Marginal decrease of -68.06% in other income during this quarter.
  • Profit over the Year and quarter: Significant improvement in profitability for Maithan Alloys Limited. Notable increase of 130.12 % in net profit Year to Year, Maithan Alloys Limited’s profitability dropped by -68.71 % Quarter to Quarter.
  • EPS over the Year and quarter: EPS increased by 131.97 % Year to Year. EPS decreased by -68.49 % in previous quarter. Analysis needed for shareholder value.

The comprehensive analytics outlining the performance and outlook of Maithan Alloys 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. 443.65 Cr Rs. 375.07 Cr Rs. 464.22 Cr + 23.77 % + 4.64 %
Expenses Rs. 411.16 Cr Rs. 353.66 Cr Rs. 414.98 Cr + 17.34 % + 0.93 %
Operating Profit Rs. 32.49 Cr Rs. 21.41 Cr Rs. 49.24 Cr + 129.99 % + 51.55 %
OPM % 7.32 % 5.71 % 10.61 % + 4.9 % + 3.29 %
Other Income Rs. 59.56 Cr Rs. 561 Cr Rs. 179.2 Cr -68.06 % + 200.87 %
Interest Rs. 0.13 Cr Rs. 1.64 Cr Rs. 5.48 Cr + 234.15 % + 4115.38 %
Depreciation Rs. 5.29 Cr Rs. 5.15 Cr Rs. 5.51 Cr + 6.99 % + 4.16 %
Profit before tax Rs. 86.63 Cr Rs. 575.62 Cr Rs. 217.45 Cr -62.22 % + 151.01 %
Tax % 28.42 % 20.77 % 34.38 % + 13.61 % + 5.96 %
Net Profit Rs. 62.01 Cr Rs. 456.05 Cr Rs. 142.7 Cr -68.71 % + 130.12 %
EPS in Rs Rs. 21.3 Rs. 156.82 Rs. 49.41 -68.49 % + 131.97 %


Today, we’re looking at Maithan Alloys Limited’s financial performance for the Q2(Sep 2024-25).Starting with the top line, the company reported a robust year-over-year sales growth of 4.64 %. However, it did see a marginal increase of 23.77 % from the previous quarter. Expenses ticked up slightly by 17.34 % quarter-on-quarter, aligning with the annual rise of 0.93 %. Operating profit, while up 51.55 % compared to last year, faced a quarter-on-quarter increase of 129.99 %, 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 3.29 %, but an expansion of 4.9 % sequentially. Other income fell by -68.06 % compared to the last quarter, despite an annual growth of 200.87 %. Interest expenses surged remarkably by 234.15 % from the previous quarter, yet the year-over-year increase remains at a moderate 4115.38 %. Depreciation costs climbed by 6.99 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 4.16 %. Profit before tax grew annually by 151.01 % but saw a reduction from the preceding quarter by -62.22 %.
Tax expenses as a percentage of profits increased slightly by 5.96 % compared to last year, with a more notable quarter-on-quarter increase of 13.61 %. Net profit rose by 130.12 % year-on-year but witnessed a -68.71 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 131.97 % but a quarterly fall of -68.49 %. In summary, Maithan Alloys 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. 443.65 Cr Rs. 375.07 Cr Rs. 464.22 Cr + 23.77 % + 4.64 %
Expenses Rs. 411.16 Cr Rs. 353.66 Cr Rs. 414.98 Cr + 17.34 % + 0.93 %
Operating Profit Rs. 32.49 Cr Rs. 21.41 Cr Rs. 49.24 Cr + 129.99 % + 51.55 %
Net Profit Rs. 62.01 Cr Rs. 456.05 Cr Rs. 142.7 Cr -68.71 % + 130.12 %
EPS in Rs Rs. 21.3 Rs. 156.82 Rs. 49.41 -68.49 % + 131.97 %


In reviewing Maithan Alloys Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 4.64 % year-on-year growth, however, there was a minor increase of 23.77 % from the previous quarter. Expenses rose by 0.93 % compared to the previous year, with a 17.34 % increase quarter-on-quarter. Operating Profit surged by 51.55 % annually, and saw a 129.99 % increase from the last quarter.
Net Profit showed yearly increase of 130.12 %, and experienced a -68.71 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 131.97 % annually, however dipped by -68.49 % compared to the last quarter. In essence, while Maithan Alloys Limited exhibits strong annual growth 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=”Maithan Alloys Limited”]

Join our telegram for more updates

Stay Updated with Our YouTube Videos

Related Post