Share the post "Mangalore Chemicals & Fertilisers L : Q4 2024 Financial Quarterly Report : YoY Sales Down 32.42 %, QoQ Up 22.76 %"
Highlights
- Sales over the Year and quarter: The company’s sales declined by -32.42 % over the year, substantial increase in net sales/revenue by 22.76 %.
- 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 12.84 %. Marginal increase in other income during this quarter, up by 20.92%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Mangalore Chemicals & Fertilisers L. Profit dropped by -92.87 % Year to Year, Mangalore Chemicals & Fertilisers L’s profitability dropped by -85.32 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -92.84 % Year to Year. EPS decreased by -85.25 % 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. 1163.615 Cr | Rs. 640.607 Cr | Rs. 786.396 Cr | + 22.76 % | -32.42 % |
Expenses | Rs. 1035.67 Cr | Rs. 558.75 Cr | Rs. 750.12 Cr | + 34.25 % | -27.57 % |
Operating Profit | Rs. 127.95 Cr | Rs. 81.86 Cr | Rs. 36.28 Cr | -55.68 % | -71.65 % |
OPM % | 11 % | 12.78 % | 4.61 % | -8.17 % | -6.39 % |
Other Income | Rs. 11.37 Cr | Rs. 10.61 Cr | Rs. 12.83 Cr | + 20.92 % | + 12.84 % |
Interest | Rs. 30.73 Cr | Rs. 23.15 Cr | Rs. 23.25 Cr | + 0.43 % | -24.34 % |
Depreciation | Rs. 16.89 Cr | Rs. 18.3 Cr | Rs. 18.58 Cr | + 1.53 % | + 10.01 % |
Profit before tax | Rs. 91.7 Cr | Rs. 51.02 Cr | Rs. 7.28 Cr | -85.73 % | -92.06 % |
Tax % | 25.97 % | 35.37 % | 33.44 % | -1.93 % | + 7.47 % |
Net Profit | Rs. 67.88 Cr | Rs. 32.98 Cr | Rs. 4.84 Cr | -85.32 % | -92.87 % |
EPS in Rs | Rs. 5.73 | Rs. 2.78 | Rs. 0.41 | -85.25 % | -92.84 % |
Today, we’re looking at Mangalore Chemicals & Fertilisers L’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -32.42 %. However, it did see a marginal increase of 22.76 % from the previous quarter. Expenses ticked up slightly by 34.25 % quarter-on-quarter, aligning with the annual decline of -27.57 %. Operating profit, while down -71.65 % compared to last year, faced a quarter-on-quarter dip of -55.68 %, 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 -6.39 %, but a shrinkage of -8.17 % sequentially. Other income rose by 20.92 % compared to the last quarter, despite an annual growth of 12.84 %. Interest expenses surged remarkably by 0.43 % from the previous quarter, yet the year-over-year decrease remains at a moderate -24.34 %. Depreciation costs climbed by 1.53 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 10.01 %. Profit before tax declined annually by -92.06 % but saw a reduction from the preceding quarter by -85.73 %.
Tax expenses as a percentage of profits increased slightly by 7.47 % compared to last year, with a more notable quarter-on-quarter decrease of -1.93 %. Net profit fell by -92.87 % year-on-year but witnessed a -85.32 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -92.84 % but a quarterly fall of -85.25 %. In summary, Mangalore Chemicals & Fertilisers L’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. 1163.615 Cr | Rs. 640.607 Cr | Rs. 786.396 Cr | + 22.76 % | -32.42 % |
Expenses | Rs. 1035.67 Cr | Rs. 558.75 Cr | Rs. 750.12 Cr | + 34.25 % | -27.57 % |
Operating Profit | Rs. 127.95 Cr | Rs. 81.86 Cr | Rs. 36.28 Cr | -55.68 % | -71.65 % |
Net Profit | Rs. 67.88 Cr | Rs. 32.98 Cr | Rs. 4.84 Cr | -85.32 % | -92.87 % |
EPS in Rs | Rs. 5.73 | Rs. 2.78 | Rs. 0.41 | -85.25 % | -92.84 % |
In reviewing Mangalore Chemicals & Fertilisers L’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -32.42 % year-on-year, however, there was a minor increase of 22.76 % from the previous quarter. Expenses decreased by -27.57 % compared to the previous year, with a 34.25 % increase quarter-on-quarter. Operating Profit dropped by -71.65 % annually, and saw a -55.68 % decrease from the last quarter.
Net Profit showed yearly decrease of -92.87 %, and experienced a -85.32 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -92.84 % annually, however dipped by -85.25 % compared to the last quarter. In essence, while Mangalore Chemicals & Fertilisers L faces strong annual decline indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.