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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 14.99 % in the past year, decrease in net sales/revenue by -8.73 %.
- 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 97.48 %. Marginal increase in other income during this quarter, up by 24.72%.
- Profit over the Year and quarter: Significant improvement in profitability for Mankind Pharma Limited. Notable increase of 61.63 % in net profit Year to Year, Mankind Pharma Limited’s profitability dropped by -6.76 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 61.77 % Year to Year. EPS decreased by -6.74 % 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. 1872.122 Cr | Rs. 2358.566 Cr | Rs. 2152.687 Cr | -8.73 % | + 14.99 % |
Expenses | Rs. 1490.96 Cr | Rs. 1755.46 Cr | Rs. 1605.35 Cr | -8.55 % | + 7.67 % |
Operating Profit | Rs. 381.16 Cr | Rs. 603.11 Cr | Rs. 547.34 Cr | -9.25 % | + 43.6 % |
OPM % | 20.36 % | 25.57 % | 25.43 % | -0.14 % | + 5.07 % |
Other Income | Rs. 42.46 Cr | Rs. 67.23 Cr | Rs. 83.85 Cr | + 24.72 % | + 97.48 % |
Interest | Rs. 0.89 Cr | Rs. 4.26 Cr | Rs. 4.04 Cr | -5.16 % | + 353.93 % |
Depreciation | Rs. 67.3 Cr | Rs. 89.73 Cr | Rs. 82.29 Cr | -8.29 % | + 22.27 % |
Profit before tax | Rs. 355.43 Cr | Rs. 576.35 Cr | Rs. 544.86 Cr | -5.46 % | + 53.3 % |
Tax % | 20.95 % | 15.49 % | 16.64 % | + 1.15 % | -4.31 % |
Net Profit | Rs. 280.99 Cr | Rs. 487.07 Cr | Rs. 454.17 Cr | -6.75 % | + 61.63 % |
EPS in Rs | Rs. 7.01 | Rs. 12.16 | Rs. 11.34 | -6.74 % | + 61.77 % |
Today, we’re looking at Mankind Pharma 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 14.99 %. However, it did see a marginal slip of -8.73 % from the previous quarter. Expenses decreased slightly by -8.55 % quarter-on-quarter, aligning with the annual rise of 7.67 %. Operating profit, while up 43.6 % compared to last year, faced a quarter-on-quarter dip of -9.25 %, 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 5.07 %, but a shrinkage of -0.14 % sequentially. Other income rose by 24.72 % compared to the last quarter, despite an annual growth of 97.48 %. Interest expenses dropped significantly by -5.16 % from the previous quarter, yet the year-over-year increase remains at a moderate 353.93 %. Depreciation costs fell by -8.29 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 22.27 %. Profit before tax grew annually by 53.3 % but saw a reduction from the preceding quarter by -5.46 %.
Tax expenses as a percentage of profits decreased slightly by -4.31 % compared to last year, with a more notable quarter-on-quarter increase of 1.15 %. Net profit rose by 61.63 % year-on-year but witnessed a -6.75 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 61.77 % but a quarterly fall of -6.74 %. In summary, Mankind Pharma 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. 1872.122 Cr | Rs. 2358.566 Cr | Rs. 2152.687 Cr | -8.73 % | + 14.99 % |
Expenses | Rs. 1490.96 Cr | Rs. 1755.46 Cr | Rs. 1605.35 Cr | -8.55 % | + 7.67 % |
Operating Profit | Rs. 381.16 Cr | Rs. 603.11 Cr | Rs. 547.34 Cr | -9.25 % | + 43.6 % |
Net Profit | Rs. 280.99 Cr | Rs. 487.07 Cr | Rs. 454.17 Cr | -6.75 % | + 61.63 % |
EPS in Rs | Rs. 7.01 | Rs. 12.16 | Rs. 11.34 | -6.74 % | + 61.77 % |
In reviewing Mankind Pharma Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 14.99 % year-on-year growth, although there was a slight dip of -8.73 % from the previous quarter. Expenses rose by 7.67 % compared to the previous year, with a decrease of -8.55 % quarter-on-quarter. Operating Profit surged by 43.6 % annually, and saw a -9.25 % decrease from the last quarter.
Net Profit showed yearly increase of 61.63 %, and experienced a -6.75 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 61.77 % annually, however dipped by -6.74 % compared to the last quarter. In essence, while Mankind Pharma 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.