Manaksia Coated Metals & Industries announces Q2 results: Profit Rises by 17.41% YoY

The comprehensive analytics outlining the performance and outlook of Manaksia Coated Metals & Industries 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.

Today, we’re looking at Manaksia Coated Metals & Industries Limited’s financial performance for the Q2(Sep 2024-25).Starting with the top line, the company reported a significant year-over-year sales decline of -10.09 %. However, it did see a marginal slip of -9.74 % from the previous quarter. Expenses decreased slightly by -9.2 % quarter-on-quarter, aligning with the annual decline of -9.93 %. Operating profit, while down -12.42 % compared to last year, faced a quarter-on-quarter dip of -17.13 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -0.17 %, but a shrinkage of -0.56 % sequentially. Other income rose by 80.84 % compared to the last quarter, despite an annual growth of 109.78 %. Interest expenses dropped significantly by -1.3 % from the previous quarter, yet the year-over-year decrease remains at a moderate -12.72 %. Depreciation costs climbed by 0.87 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0 %. Profit before tax grew annually by 60.71 % but saw a reduction from the preceding quarter by -21.64 %.
Tax expenses as a percentage of profits increased slightly by 22.86 % compared to last year, with a more notable quarter-on-quarter decrease of -1.09 %. Net profit rose by 17.41 % year-on-year but witnessed a -20.81 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 3.23 % but a quarterly fall of -20 %. In summary, Manaksia Coated Metals & Industries Limited’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

In reviewing Manaksia Coated Metals & Industries Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -10.09 % year-on-year, although there was a slight dip of -9.74 % from the previous quarter. Expenses decreased by -9.93 % compared to the previous year, with a decrease of -9.2 % quarter-on-quarter. Operating Profit dropped by -12.42 % annually, and saw a -17.13 % decrease from the last quarter.
Net Profit showed yearly increase of 17.41 %, and experienced a -20.81 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 3.23 % annually, however dipped by -20 % compared to the last quarter. In essence, while Manaksia Coated Metals & Industries 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.