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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 experienced a substantial growth of 39.82 % in the past year, substantial increase in net sales/revenue by 13.02 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -75.01 %, Marginal decrease of -33.15% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Marksans Pharma Limited. Profit dropped by -27.55 % Year to Year, Marksans Pharma Limited’s profitability dropped by -2.97 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -27.55 % Year to Year. EPS decreased by -2.74 % 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. 182.041 Cr | Rs. 225.196 Cr | Rs. 254.527 Cr | + 13.02 % | + 39.82 % |
Expenses | Rs. 155.29 Cr | Rs. 191.29 Cr | Rs. 213.26 Cr | + 11.49 % | + 37.33 % |
Operating Profit | Rs. 26.75 Cr | Rs. 33.91 Cr | Rs. 41.27 Cr | + 21.7 % | + 54.28 % |
OPM % | 14.69 % | 15.06 % | 16.21 % | + 1.15 % | + 1.52 % |
Other Income | Rs. 32.623 Cr | Rs. 12.194 Cr | Rs. 8.152 Cr | -33.15 % | -75.01 % |
Interest | Rs. 0.26 Cr | Rs. 0.23 Cr | Rs. 0.28 Cr | + 21.74 % | + 7.69 % |
Depreciation | Rs. 4.72 Cr | Rs. 7.47 Cr | Rs. 6.84 Cr | -8.43 % | + 44.92 % |
Profit before tax | Rs. 54.39 Cr | Rs. 38.4 Cr | Rs. 42.3 Cr | + 10.16 % | -22.23 % |
Tax % | 18.76 % | 14.08 % | 24.31 % | + 10.23 % | + 5.55 % |
Net Profit | Rs. 44.19 Cr | Rs. 32.99 Cr | Rs. 32.02 Cr | -2.94 % | -27.54 % |
EPS in Rs | Rs. 0.98 | Rs. 0.73 | Rs. 0.71 | -2.74 % | -27.55 % |
Today, we’re looking at Marksans Pharma Limited’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 39.82 %. However, it did see a marginal increase of 13.02 % from the previous quarter. Expenses ticked up slightly by 11.49 % quarter-on-quarter, aligning with the annual rise of 37.33 %. Operating profit, while up 54.28 % compared to last year, faced a quarter-on-quarter increase of 21.7 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 1.52 %, but an expansion of 1.15 % sequentially. Other income fell by -33.15 % compared to the last quarter, despite an annual decline of -75.01 %. Interest expenses surged remarkably by 21.74 % from the previous quarter, yet the year-over-year increase remains at a moderate 7.69 %. Depreciation costs fell by -8.43 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 44.92 %. Profit before tax declined annually by -22.23 % but saw an increase from the preceding quarter by 10.16 %.
Tax expenses as a percentage of profits increased slightly by 5.55 % compared to last year, with a more notable quarter-on-quarter increase of 10.23 %. Net profit fell by -27.54 % year-on-year but witnessed a -2.94 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -27.55 % but a quarterly fall of -2.74 %. In summary, Marksans 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. 182.041 Cr | Rs. 225.196 Cr | Rs. 254.527 Cr | + 13.02 % | + 39.82 % |
Expenses | Rs. 155.29 Cr | Rs. 191.29 Cr | Rs. 213.26 Cr | + 11.49 % | + 37.33 % |
Operating Profit | Rs. 26.75 Cr | Rs. 33.91 Cr | Rs. 41.27 Cr | + 21.7 % | + 54.28 % |
Net Profit | Rs. 44.19 Cr | Rs. 32.99 Cr | Rs. 32.02 Cr | -2.94 % | -27.54 % |
EPS in Rs | Rs. 0.98 | Rs. 0.73 | Rs. 0.71 | -2.74 % | -27.55 % |
In reviewing Marksans Pharma Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 39.82 % year-on-year growth, however, there was a minor increase of 13.02 % from the previous quarter. Expenses rose by 37.33 % compared to the previous year, with a 11.49 % increase quarter-on-quarter. Operating Profit surged by 54.28 % annually, and saw a 21.7 % increase from the last quarter.
Net Profit showed yearly decrease of -27.54 %, and experienced a -2.94 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -27.55 % annually, however dipped by -2.74 % compared to the last quarter. In essence, while Marksans Pharma 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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