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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 4.13 % in the past year, substantial increase in net sales/revenue by 1.68 %.
- 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 26.18 %. Marginal increase in other income during this quarter, up by 10.16%.
- Profit over the Year and quarter: Significant improvement in profitability for Matrimony.com Limited. Notable increase of 2.85 % in net profit Year to Year, Matrimony.com Limited’s profitability increased by 5.59 % in this quarter.
- EPS over the Year and quarter: EPS increased by 2.93 % Year to Year. EPS increased by 5.61 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 114.506 Cr | Rs. 117.257 Cr | Rs. 119.23 Cr | + 1.68 % | + 4.13 % |
Expenses | Rs. 97.82 Cr | Rs. 100.65 Cr | Rs. 102.41 Cr | + 1.75 % | + 4.69 % |
Operating Profit | Rs. 16.69 Cr | Rs. 16.61 Cr | Rs. 16.82 Cr | + 1.26 % | + 0.78 % |
OPM % | 14.58 % | 14.17 % | 14.11 % | -0.06 % | -0.47 % |
Other Income | Rs. 5.5 Cr | Rs. 6.3 Cr | Rs. 6.94 Cr | + 10.16 % | + 26.18 % |
Interest | Rs. 1.39 Cr | Rs. 1.31 Cr | Rs. 1.23 Cr | -6.11 % | -11.51 % |
Depreciation | Rs. 7.27 Cr | Rs. 7.22 Cr | Rs. 7.18 Cr | -0.55 % | -1.24 % |
Profit before tax | Rs. 13.53 Cr | Rs. 14.38 Cr | Rs. 15.35 Cr | + 6.75 % | + 13.45 % |
Tax % | 15.68 % | 22.74 % | 23.71 % | + 0.97 % | + 8.03 % |
Net Profit | Rs. 11.41 Cr | Rs. 11.11 Cr | Rs. 11.73 Cr | + 5.58 % | + 2.8 % |
EPS in Rs | Rs. 5.12 | Rs. 4.99 | Rs. 5.27 | + 5.61 % | + 2.93 % |
Today, we’re looking at Matrimony.com 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 4.13 %. However, it did see a marginal increase of 1.68 % from the previous quarter. Expenses ticked up slightly by 1.75 % quarter-on-quarter, aligning with the annual rise of 4.69 %. Operating profit, while up 0.78 % compared to last year, faced a quarter-on-quarter increase of 1.26 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -0.47 %, but a shrinkage of -0.06 % sequentially. Other income rose by 10.16 % compared to the last quarter, despite an annual growth of 26.18 %. Interest expenses dropped significantly by -6.11 % from the previous quarter, yet the year-over-year decrease remains at a moderate -11.51 %. Depreciation costs fell by -0.55 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -1.24 %. Profit before tax grew annually by 13.45 % but saw an increase from the preceding quarter by 6.75 %.
Tax expenses as a percentage of profits increased slightly by 8.03 % compared to last year, with a more notable quarter-on-quarter increase of 0.97 %. Net profit rose by 2.8 % year-on-year but experienced a 5.58 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 2.93 % but a quarterly rise of 5.61 %. In summary, Matrimony.com 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. 114.506 Cr | Rs. 117.257 Cr | Rs. 119.23 Cr | + 1.68 % | + 4.13 % |
Expenses | Rs. 97.82 Cr | Rs. 100.65 Cr | Rs. 102.41 Cr | + 1.75 % | + 4.69 % |
Operating Profit | Rs. 16.69 Cr | Rs. 16.61 Cr | Rs. 16.82 Cr | + 1.26 % | + 0.78 % |
Net Profit | Rs. 11.41 Cr | Rs. 11.11 Cr | Rs. 11.73 Cr | + 5.58 % | + 2.8 % |
EPS in Rs | Rs. 5.12 | Rs. 4.99 | Rs. 5.27 | + 5.61 % | + 2.93 % |
In reviewing Matrimony.com Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 4.13 % year-on-year growth, however, there was a minor increase of 1.68 % from the previous quarter. Expenses rose by 4.69 % compared to the previous year, with a 1.75 % increase quarter-on-quarter. Operating Profit surged by 0.78 % annually, and saw a 1.26 % increase from the last quarter.
Net Profit showed yearly increase of 2.8 %, and experienced a 5.58 % increase from the previous quarter. Earnings Per Share (EPS) rose by 2.93 % annually, however rose by 5.61 % compared to the last quarter. In essence, while Matrimony.com Limited 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.