Mangalam Cement Ltd.,’s Quarterly Result and Earnings Report for Q4(Mar 2024) : Sales decreased by 4.8 % in YoY and decreased by 0.48 % in QoQ

The comprehensive analytics outlining the performance and outlook of Mangalam Cement Ltd.,”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 Mangalam Cement Ltd.,’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -4.8 %. However, it did see a marginal slip of -0.48 % from the previous quarter. Expenses ticked up slightly by 2.54 % quarter-on-quarter, aligning with the annual decline of -5.44 %. Operating profit, while up 1.09 % compared to last year, faced a quarter-on-quarter dip of -20.61 %, 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 0.61 %, but a shrinkage of -2.64 % sequentially. Other income rose by 248.09 % compared to the last quarter, despite an annual decline of -11.61 %. Interest expenses dropped significantly by -1.97 % from the previous quarter, yet the year-over-year increase remains at a moderate 15.57 %. Depreciation costs climbed by 0 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 12.93 %. Profit before tax declined annually by -18.19 % but saw an increase from the preceding quarter by 8.11 %.
Tax expenses as a percentage of profits increased slightly by 18.99 % compared to last year, with a more notable quarter-on-quarter decrease of -0.14 %. Net profit rose by 10.7 % year-on-year but experienced a 8.34 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 10.74 % but a quarterly rise of 8.45 %. In summary, Mangalam Cement Ltd.,’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

In reviewing Mangalam Cement Ltd.,’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -4.8 % year-on-year, although there was a slight dip of -0.48 % from the previous quarter. Expenses decreased by -5.44 % compared to the previous year, with a 2.54 % increase quarter-on-quarter. Operating Profit surged by 1.09 % annually, and saw a -20.61 % decrease from the last quarter.
Net Profit showed yearly increase of 10.7 %, and experienced a 8.34 % increase from the previous quarter. Earnings Per Share (EPS) rose by 10.74 % annually, however rose by 8.45 % compared to the last quarter. In essence, while Mangalam Cement 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.