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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 35.64 % in the past year, decrease in net sales/revenue by -2.68 %.
- 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 25.57 %. Marginal decrease of -0.07% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Man Industries (India) Ltd. Profit dropped by -7.37 % Year to Year, Man Industries (India) Ltd’s profitability dropped by -21.14 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -7.83 % Year to Year. EPS decreased by -21.41 % 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. 597.66 Cr | Rs. 833.02 Cr | Rs. 810.68 Cr | -2.68 % | + 35.64 % |
Expenses | Rs. 556.8 Cr | Rs. 768.3 Cr | Rs. 752.31 Cr | -2.08 % | + 35.11 % |
Operating Profit | Rs. 40.86 Cr | Rs. 64.72 Cr | Rs. 58.37 Cr | -9.81 % | + 42.85 % |
OPM % | 6.84 % | 7.77 % | 7.2 % | -0.57 % | + 0.36 % |
Other Income | Rs. 11.42 Cr | Rs. 14.35 Cr | Rs. 14.34 Cr | -0.07 % | + 25.57 % |
Interest | Rs. 10.55 Cr | Rs. 20.32 Cr | Rs. 24.8 Cr | + 22.05 % | + 135.07 % |
Depreciation | Rs. 11.35 Cr | Rs. 15.53 Cr | Rs. 15.47 Cr | -0.39 % | + 36.3 % |
Profit before tax | Rs. 30.38 Cr | Rs. 43.22 Cr | Rs. 32.44 Cr | -24.94 % | + 6.78 % |
Tax % | 14.25 % | 29.2 % | 25.62 % | -3.58 % | + 11.37 % |
Net Profit | Rs. 26.05 Cr | Rs. 30.6 Cr | Rs. 24.13 Cr | -21.14 % | -7.37 % |
EPS in Rs | Rs. 4.34 | Rs. 4.89 | Rs. 3.84 | -21.47 % | -11.52 % |
Today, we’re looking at Man Industries (India) 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 35.64 %. However, it did see a marginal slip of -2.68 % from the previous quarter. Expenses decreased slightly by -2.08 % quarter-on-quarter, aligning with the annual rise of 35.11 %. Operating profit, while up 42.85 % compared to last year, faced a quarter-on-quarter dip of -9.81 %, 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 0.36 %, but a shrinkage of -0.57 % sequentially. Other income fell by -0.07 % compared to the last quarter, despite an annual growth of 25.57 %. Interest expenses surged remarkably by 22.05 % from the previous quarter, yet the year-over-year increase remains at a moderate 135.07 %. Depreciation costs fell by -0.39 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 36.3 %. Profit before tax grew annually by 6.78 % but saw a reduction from the preceding quarter by -24.94 %.
Tax expenses as a percentage of profits increased slightly by 11.37 % compared to last year, with a more notable quarter-on-quarter decrease of -3.58 %. Net profit fell by -7.37 % year-on-year but witnessed a -21.14 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -11.52 % but a quarterly fall of -21.47 %. In summary, Man Industries (India) 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. 597.66 Cr | Rs. 833.02 Cr | Rs. 810.68 Cr | -2.68 % | + 35.64 % |
Expenses | Rs. 556.8 Cr | Rs. 768.3 Cr | Rs. 752.31 Cr | -2.08 % | + 35.11 % |
Operating Profit | Rs. 40.86 Cr | Rs. 64.72 Cr | Rs. 58.37 Cr | -9.81 % | + 42.85 % |
Net Profit | Rs. 26.05 Cr | Rs. 30.6 Cr | Rs. 24.13 Cr | -21.14 % | -7.37 % |
EPS in Rs | Rs. 4.34 | Rs. 4.89 | Rs. 3.84 | -21.47 % | -11.52 % |
In reviewing Man Industries (India) Ltd’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 35.64 % year-on-year growth, although there was a slight dip of -2.68 % from the previous quarter. Expenses rose by 35.11 % compared to the previous year, with a decrease of -2.08 % quarter-on-quarter. Operating Profit surged by 42.85 % annually, and saw a -9.81 % decrease from the last quarter.
Net Profit showed yearly decrease of -7.37 %, and experienced a -21.14 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -11.52 % annually, however dipped by -21.47 % compared to the last quarter. In essence, while Man Industries (India) Ltd 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.