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Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company’s sales declined by -11.36 % over the year, decrease in net sales/revenue by -9.97 %.
- Income over the Year and quarter: Marginal increase in other income during this quarter, up by 5600%.
- Profit over the Year and quarter: Challenges in sustaining profitability for MARG TECHNO PROJECTS LIMITED. Profit dropped by -57.89 % Year to Year, MARG TECHNO PROJECTS LIMITED’s profitability dropped by -115.84 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -80.77 % Year to Year. EPS decreased by -114.71 % 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. 1.171 Cr | Rs. 1.153 Cr | Rs. 1.038 Cr | -9.97 % | -11.36 % |
| Expenses | Rs. 0.64 Cr | Rs. 0.59 Cr | Rs. 0.6 Cr | + 1.69 % | -6.25 % |
| Operating Profit | Rs. 0.53 Cr | Rs. 0.56 Cr | Rs. 0.44 Cr | -21.43 % | -16.98 % |
| OPM % | 45.26 % | 48.57 % | 42.39 % | -6.18 % | -2.87 % |
| Other Income | Rs. 0 Cr | Rs. 0.001 Cr | Rs. 0.057 Cr | + 5600 % | 0 % |
| Interest | Rs. 0.4 Cr | Rs. 0.73 Cr | Rs. 0.42 Cr | -42.47 % | + 5 % |
| Depreciation | Rs. 0.03 Cr | Rs. 0.03 Cr | Rs. 0.03 Cr | + 0 % | + 0 % |
| Profit before tax | Rs. 0.1 Cr | Rs. -0.2 Cr | Rs. 0.05 Cr | + 125 % | -50 % |
| Tax % | 24.51 % | -6.32 % | 34.69 % | + 41.01 % | + 10.18 % |
| Net Profit | Rs. 0.08 Cr | Rs. -0.2 Cr | Rs. 0.03 Cr | + 115 % | -62.5 % |
| EPS in Rs | Rs. 0.26 | Rs. -0.34 | Rs. 0.05 | + 114.71 % | -80.77 % |
Today, we’re looking at MARG TECHNO PROJECTS 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 -11.36 %. However, it did see a marginal slip of -9.97 % from the previous quarter. Expenses ticked up slightly by 1.69 % quarter-on-quarter, aligning with the annual decline of -6.25 %. Operating profit, while down -16.98 % compared to last year, faced a quarter-on-quarter dip of -21.43 %, 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 -2.87 %, but a shrinkage of -6.18 % sequentially. Other income rose by 5600 % compared to the last quarter, Interest expenses dropped significantly by -42.47 % from the previous quarter, yet the year-over-year increase remains at a moderate 5 %. Depreciation costs climbed by 0 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0 %. Profit before tax declined annually by -50 % but saw an increase from the preceding quarter by 125 %.
Tax expenses as a percentage of profits increased slightly by 10.18 % compared to last year, with a more notable quarter-on-quarter increase of 41.01 %. Net profit fell by -62.5 % year-on-year but experienced a 115 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -80.77 % but a quarterly rise of 114.71 %. In summary, MARG TECHNO PROJECTS 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. 1.171 Cr | Rs. 1.153 Cr | Rs. 1.038 Cr | -9.97 % | -11.36 % |
| Expenses | Rs. 0.64 Cr | Rs. 0.59 Cr | Rs. 0.6 Cr | + 1.69 % | -6.25 % |
| Operating Profit | Rs. 0.53 Cr | Rs. 0.56 Cr | Rs. 0.44 Cr | -21.43 % | -16.98 % |
| Net Profit | Rs. 0.08 Cr | Rs. -0.2 Cr | Rs. 0.03 Cr | + 115 % | -62.5 % |
| EPS in Rs | Rs. 0.26 | Rs. -0.34 | Rs. 0.05 | + 114.71 % | -80.77 % |
In reviewing MARG TECHNO PROJECTS LIMITED’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -11.36 % year-on-year, although there was a slight dip of -9.97 % from the previous quarter. Expenses decreased by -6.25 % compared to the previous year, with a 1.69 % increase quarter-on-quarter. Operating Profit dropped by -16.98 % annually, and saw a -21.43 % decrease from the last quarter.
Net Profit showed yearly decrease of -62.5 %, and experienced a 115 % increase from the previous quarter. Earnings Per Share (EPS) fell by -80.77 % annually, however rose by 114.71 % compared to the last quarter. In essence, while MARG TECHNO PROJECTS LIMITED faces strong annual decline 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.
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