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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 18.34 % in the past year, substantial increase in net sales/revenue by 6.41 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -305.65 %, Marginal decrease of -219.44% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Makers Laboratories Ltd.. Profit dropped by -57.62 % Year to Year, Makers Laboratories Ltd.’s profitability dropped by -26.82 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -147.04 % Year to Year. EPS decreased by -23.39 % 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. 25.005 Cr | Rs. 27.81 Cr | Rs. 29.592 Cr | + 6.41 % | + 18.34 % |
Expenses | Rs. 25.14 Cr | Rs. 26.95 Cr | Rs. 27.78 Cr | + 3.08 % | + 10.5 % |
Operating Profit | Rs. -0.13 Cr | Rs. 0.86 Cr | Rs. 1.81 Cr | + 110.47 % | + 1492.31 % |
OPM % | -0.52 % | 3.09 % | 6.12 % | + 3.03 % | + 6.64 % |
Other Income | Rs. 0.248 Cr | Rs. 0.427 Cr | Rs. -0.51 Cr | -219.44 % | -305.65 % |
Interest | Rs. 0.41 Cr | Rs. 0.52 Cr | Rs. 0.49 Cr | -5.77 % | + 19.51 % |
Depreciation | Rs. 1.11 Cr | Rs. 1.15 Cr | Rs. 1.28 Cr | + 11.3 % | + 15.32 % |
Profit before tax | Rs. -1.4 Cr | Rs. -0.38 Cr | Rs. -0.47 Cr | -23.68 % | + 66.43 % |
Tax % | -18.47 % | -150.78 % | -48.84 % | + 101.94 % | -30.37 % |
Net Profit | Rs. -1.66 Cr | Rs. -0.96 Cr | Rs. -0.7 Cr | + 27.08 % | + 57.83 % |
EPS in Rs | Rs. -3.55 | Rs. -2.18 | Rs. -1.67 | + 23.39 % | + 52.96 % |
Today, we’re looking at Makers Laboratories Ltd.’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 18.34 %. However, it did see a marginal increase of 6.41 % from the previous quarter. Expenses ticked up slightly by 3.08 % quarter-on-quarter, aligning with the annual rise of 10.5 %. Operating profit, while up 1492.31 % compared to last year, faced a quarter-on-quarter increase of 110.47 %, 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 6.64 %, but an expansion of 3.03 % sequentially. Other income fell by -219.44 % compared to the last quarter, despite an annual decline of -305.65 %. Interest expenses dropped significantly by -5.77 % from the previous quarter, yet the year-over-year increase remains at a moderate 19.51 %. Depreciation costs climbed by 11.3 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 15.32 %. Profit before tax grew annually by 66.43 % but saw a reduction from the preceding quarter by -23.68 %.
Tax expenses as a percentage of profits decreased slightly by -30.37 % compared to last year, with a more notable quarter-on-quarter increase of 101.94 %. Net profit rose by 57.83 % year-on-year but experienced a 27.08 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 52.96 % but a quarterly rise of 23.39 %. In summary, Makers Laboratories 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. 25.005 Cr | Rs. 27.81 Cr | Rs. 29.592 Cr | + 6.41 % | + 18.34 % |
Expenses | Rs. 25.14 Cr | Rs. 26.95 Cr | Rs. 27.78 Cr | + 3.08 % | + 10.5 % |
Operating Profit | Rs. -0.13 Cr | Rs. 0.86 Cr | Rs. 1.81 Cr | + 110.47 % | + 1492.31 % |
Net Profit | Rs. -1.66 Cr | Rs. -0.96 Cr | Rs. -0.7 Cr | + 27.08 % | + 57.83 % |
EPS in Rs | Rs. -3.55 | Rs. -2.18 | Rs. -1.67 | + 23.39 % | + 52.96 % |
In reviewing Makers Laboratories Ltd.’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 18.34 % year-on-year growth, however, there was a minor increase of 6.41 % from the previous quarter. Expenses rose by 10.5 % compared to the previous year, with a 3.08 % increase quarter-on-quarter. Operating Profit surged by 1492.31 % annually, and saw a 110.47 % increase from the last quarter.
Net Profit showed yearly increase of 57.83 %, and experienced a 27.08 % increase from the previous quarter. Earnings Per Share (EPS) rose by 52.96 % annually, however rose by 23.39 % compared to the last quarter. In essence, while Makers Laboratories 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.