Share the post "Maral Overseas Ltd.’s Quarterly Result and Earnings Report for Q4(Mar 2024) : Sales decreased by 4.3 % in YoY and increased by 14.12 % in QoQ"
Highlights
- Sales over the Year and quarter: The company’s sales declined by -4.3 % over the year, substantial increase in net sales/revenue by 14.12 %.
- 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 403.57 %. Marginal increase in other income during this quarter, up by 150.11%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Maral Overseas Ltd.. Profit dropped by -775.86 % Year to Year, Maral Overseas Ltd.’s profitability increased by 454.72 % in this quarter.
- EPS over the Year and quarter: EPS declined by -776.19 % Year to Year. EPS increased by 446.15 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 271.45 Cr | Rs. 227.63 Cr | Rs. 259.77 Cr | + 14.12 % | -4.3 % |
Expenses | Rs. 259.46 Cr | Rs. 213.81 Cr | Rs. 246.81 Cr | + 15.43 % | -4.88 % |
Operating Profit | Rs. 11.99 Cr | Rs. 13.82 Cr | Rs. 12.96 Cr | -6.22 % | + 8.09 % |
OPM % | 4.42 % | 6.07 % | 4.99 % | -1.08 % | + 0.57 % |
Other Income | Rs. 2.24 Cr | Rs. 4.51 Cr | Rs. 11.28 Cr | + 150.11 % | + 403.57 % |
Interest | Rs. 6.32 Cr | Rs. 8.88 Cr | Rs. 7.92 Cr | -10.81 % | + 25.32 % |
Depreciation | Rs. 8.12 Cr | Rs. 8.8 Cr | Rs. 8.63 Cr | -1.93 % | + 6.28 % |
Profit before tax | Rs. -0.21 Cr | Rs. 0.65 Cr | Rs. 7.69 Cr | + 1083.08 % | + 3761.9 % |
Tax % | -314.29 % | 63.08 % | 23.54 % | -39.54 % | + 337.83 % |
Net Profit | Rs. -0.87 Cr | Rs. 1.06 Cr | Rs. 5.88 Cr | + 454.72 % | + 775.86 % |
EPS in Rs | Rs. -0.21 | Rs. 0.26 | Rs. 1.42 | + 446.15 % | + 776.19 % |
Today, we’re looking at Maral Overseas 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 -4.3 %. However, it did see a marginal increase of 14.12 % from the previous quarter. Expenses ticked up slightly by 15.43 % quarter-on-quarter, aligning with the annual decline of -4.88 %. Operating profit, while up 8.09 % compared to last year, faced a quarter-on-quarter dip of -6.22 %, 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 0.57 %, but a shrinkage of -1.08 % sequentially. Other income rose by 150.11 % compared to the last quarter, despite an annual growth of 403.57 %. Interest expenses dropped significantly by -10.81 % from the previous quarter, yet the year-over-year increase remains at a moderate 25.32 %. Depreciation costs fell by -1.93 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 6.28 %. Profit before tax grew annually by 3761.9 % but saw an increase from the preceding quarter by 1083.08 %.
Tax expenses as a percentage of profits increased slightly by 337.83 % compared to last year, with a more notable quarter-on-quarter decrease of -39.54 %. Net profit rose by 775.86 % year-on-year but experienced a 454.72 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 776.19 % but a quarterly rise of 446.15 %. In summary, Maral Overseas Ltd.’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. 271.45 Cr | Rs. 227.63 Cr | Rs. 259.77 Cr | + 14.12 % | -4.3 % |
Expenses | Rs. 259.46 Cr | Rs. 213.81 Cr | Rs. 246.81 Cr | + 15.43 % | -4.88 % |
Operating Profit | Rs. 11.99 Cr | Rs. 13.82 Cr | Rs. 12.96 Cr | -6.22 % | + 8.09 % |
Net Profit | Rs. -0.87 Cr | Rs. 1.06 Cr | Rs. 5.88 Cr | + 454.72 % | + 775.86 % |
EPS in Rs | Rs. -0.21 | Rs. 0.26 | Rs. 1.42 | + 446.15 % | + 776.19 % |
In reviewing Maral Overseas Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -4.3 % year-on-year, however, there was a minor increase of 14.12 % from the previous quarter. Expenses decreased by -4.88 % compared to the previous year, with a 15.43 % increase quarter-on-quarter. Operating Profit surged by 8.09 % annually, and saw a -6.22 % decrease from the last quarter.
Net Profit showed yearly increase of 775.86 %, and experienced a 454.72 % increase from the previous quarter. Earnings Per Share (EPS) rose by 776.19 % annually, however rose by 446.15 % compared to the last quarter. In essence, while Maral Overseas 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.