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Manaksia Aluminium Company : Q4 2024 Financial Quarterly Report : YoY Sales Up 7.13 %, QoQ Up 13.75 %

May 22, 2024May 22, 2024| adminadmin| 0 Comments| 1:30 am
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Highlights

  • Sales over the Year and quarter: The company experienced a substantial growth of 7.13 % in the past year, substantial increase in net sales/revenue by 13.75 %.
  • Income over the Year and quarter: There has been decline in other income over the past year which is -45.78 %, Marginal increase in other income during this quarter, up by 114.29%.
  • Profit over the Year and quarter: Challenges in sustaining profitability for Manaksia Aluminium Company Limited. Profit dropped by -54.62 % Year to Year, Manaksia Aluminium Company Limited’s profitability increased by 27.52 % in this quarter.
  • EPS over the Year and quarter: EPS declined by -54.72 % Year to Year. EPS increased by 26.32 % in previous quarter. Positive impact on shareholders.

The comprehensive analytics outlining the performance and outlook of Manaksia Aluminium Company 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. 109.877 Cr Rs. 103.482 Cr Rs. 117.709 Cr + 13.75 % + 7.13 %
Expenses Rs. 103.13 Cr Rs. 94.27 Cr Rs. 108.73 Cr + 15.34 % + 5.43 %
Operating Profit Rs. 6.75 Cr Rs. 9.21 Cr Rs. 8.98 Cr -2.5 % + 33.04 %
OPM % 6.14 % 8.9 % 7.63 % -1.27 % + 1.49 %
Other Income Rs. 0.83 Cr Rs. 0.21 Cr Rs. 0.45 Cr + 114.29 % -45.78 %
Interest Rs. 4.11 Cr Rs. 5.81 Cr Rs. 5.57 Cr -4.13 % + 35.52 %
Depreciation Rs. 1.86 Cr Rs. 1.98 Cr Rs. 1.98 Cr + 0 % + 6.45 %
Profit before tax Rs. 1.61 Cr Rs. 1.63 Cr Rs. 1.88 Cr + 15.34 % + 16.77 %
Tax % 3.91 % 24.28 % 16.57 % -7.71 % + 12.66 %
Net Profit Rs. 3.46 Cr Rs. 1.23 Cr Rs. 1.57 Cr + 27.64 % -54.62 %
EPS in Rs Rs. 0.53 Rs. 0.19 Rs. 0.24 + 26.32 % -54.72 %


Today, we’re looking at Manaksia Aluminium Company 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 7.13 %. However, it did see a marginal increase of 13.75 % from the previous quarter. Expenses ticked up slightly by 15.34 % quarter-on-quarter, aligning with the annual rise of 5.43 %. Operating profit, while up 33.04 % compared to last year, faced a quarter-on-quarter dip of -2.5 %, 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 1.49 %, but a shrinkage of -1.27 % sequentially. Other income rose by 114.29 % compared to the last quarter, despite an annual decline of -45.78 %. Interest expenses dropped significantly by -4.13 % from the previous quarter, yet the year-over-year increase remains at a moderate 35.52 %. Depreciation costs climbed by 0 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 6.45 %. Profit before tax grew annually by 16.77 % but saw an increase from the preceding quarter by 15.34 %.
Tax expenses as a percentage of profits increased slightly by 12.66 % compared to last year, with a more notable quarter-on-quarter decrease of -7.71 %. Net profit fell by -54.62 % year-on-year but experienced a 27.64 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -54.72 % but a quarterly rise of 26.32 %. In summary, Manaksia Aluminium Company 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. 109.877 Cr Rs. 103.482 Cr Rs. 117.709 Cr + 13.75 % + 7.13 %
Expenses Rs. 103.13 Cr Rs. 94.27 Cr Rs. 108.73 Cr + 15.34 % + 5.43 %
Operating Profit Rs. 6.75 Cr Rs. 9.21 Cr Rs. 8.98 Cr -2.5 % + 33.04 %
Net Profit Rs. 3.46 Cr Rs. 1.23 Cr Rs. 1.57 Cr + 27.64 % -54.62 %
EPS in Rs Rs. 0.53 Rs. 0.19 Rs. 0.24 + 26.32 % -54.72 %


In reviewing Manaksia Aluminium Company Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 7.13 % year-on-year growth, however, there was a minor increase of 13.75 % from the previous quarter. Expenses rose by 5.43 % compared to the previous year, with a 15.34 % increase quarter-on-quarter. Operating Profit surged by 33.04 % annually, and saw a -2.5 % decrease from the last quarter.
Net Profit showed yearly decrease of -54.62 %, and experienced a 27.64 % increase from the previous quarter. Earnings Per Share (EPS) fell by -54.72 % annually, however rose by 26.32 % compared to the last quarter. In essence, while Manaksia Aluminium Company Limited faces strong annual decline 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.

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