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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’s sales declined by -20.21 % over the year, decrease in net sales/revenue by -6.19 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -3.2 %, Marginal increase in other income during this quarter, up by 0.16%.
- Profit over the Year and quarter: Significant improvement in profitability for Manali Petrochemicals Limited. Notable increase of 216.79 % in net profit Year to Year, Manali Petrochemicals Limited’s profitability increased by 901.54 % in this quarter.
- EPS over the Year and quarter: EPS increased by 216.67 % Year to Year. EPS increased by 850 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 301.32 Cr | Rs. 256.28 Cr | Rs. 240.42 Cr | -6.19 % | -20.21 % |
Expenses | Rs. 293.69 Cr | Rs. 238.97 Cr | Rs. 219.67 Cr | -8.08 % | -25.2 % |
Operating Profit | Rs. 7.63 Cr | Rs. 17.31 Cr | Rs. 20.75 Cr | + 19.87 % | + 171.95 % |
OPM % | 2.53 % | 6.75 % | 8.63 % | + 1.88 % | + 6.1 % |
Other Income | Rs. 6.57 Cr | Rs. 6.35 Cr | Rs. 6.36 Cr | + 0.16 % | -3.2 % |
Interest | Rs. 2.15 Cr | Rs. 2.99 Cr | Rs. 2.63 Cr | -12.04 % | + 22.33 % |
Depreciation | Rs. 6.15 Cr | Rs. 7.13 Cr | Rs. 6.61 Cr | -7.29 % | + 7.48 % |
Profit before tax | Rs. 5.9 Cr | Rs. 13.54 Cr | Rs. 17.87 Cr | + 31.98 % | + 202.88 % |
Tax % | 30.34 % | 83.75 % | 27.14 % | -56.61 % | -3.2 % |
Net Profit | Rs. 4.11 Cr | Rs. 1.3 Cr | Rs. 13.02 Cr | + 901.54 % | + 216.79 % |
EPS in Rs | Rs. 0.24 | Rs. 0.08 | Rs. 0.76 | + 850 % | + 216.67 % |
Today, we’re looking at Manali Petrochemicals Limited’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -20.21 %. However, it did see a marginal slip of -6.19 % from the previous quarter. Expenses decreased slightly by -8.08 % quarter-on-quarter, aligning with the annual decline of -25.2 %. Operating profit, while up 171.95 % compared to last year, faced a quarter-on-quarter increase of 19.87 %, 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 6.1 %, but an expansion of 1.88 % sequentially. Other income rose by 0.16 % compared to the last quarter, despite an annual decline of -3.2 %. Interest expenses dropped significantly by -12.04 % from the previous quarter, yet the year-over-year increase remains at a moderate 22.33 %. Depreciation costs fell by -7.29 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 7.48 %. Profit before tax grew annually by 202.88 % but saw an increase from the preceding quarter by 31.98 %.
Tax expenses as a percentage of profits decreased slightly by -3.2 % compared to last year, with a more notable quarter-on-quarter decrease of -56.61 %. Net profit rose by 216.79 % year-on-year but experienced a 901.54 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 216.67 % but a quarterly rise of 850 %. In summary, Manali Petrochemicals 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. 301.32 Cr | Rs. 256.28 Cr | Rs. 240.42 Cr | -6.19 % | -20.21 % |
Expenses | Rs. 293.69 Cr | Rs. 238.97 Cr | Rs. 219.67 Cr | -8.08 % | -25.2 % |
Operating Profit | Rs. 7.63 Cr | Rs. 17.31 Cr | Rs. 20.75 Cr | + 19.87 % | + 171.95 % |
Net Profit | Rs. 4.11 Cr | Rs. 1.3 Cr | Rs. 13.02 Cr | + 901.54 % | + 216.79 % |
EPS in Rs | Rs. 0.24 | Rs. 0.08 | Rs. 0.76 | + 850 % | + 216.67 % |
In reviewing Manali Petrochemicals Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -20.21 % year-on-year, although there was a slight dip of -6.19 % from the previous quarter. Expenses decreased by -25.2 % compared to the previous year, with a decrease of -8.08 % quarter-on-quarter. Operating Profit surged by 171.95 % annually, and saw a 19.87 % increase from the last quarter.
Net Profit showed yearly increase of 216.79 %, and experienced a 901.54 % increase from the previous quarter. Earnings Per Share (EPS) rose by 216.67 % annually, however rose by 850 % compared to the last quarter. In essence, while Manali Petrochemicals Limited 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.