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Highlights
- The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 84.45 % in the past year, substantial increase in net sales/revenue by 6.1 %.
- 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 121.43 %. Marginal decrease of -90.15% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Maximus International Limited. Notable increase of 57.13 % in net profit Year to Year, Maximus International Limited’s profitability dropped by -23.22 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 54.55 % Year to Year. EPS decreased by -22.73 % 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. 21.261 Cr | Rs. 36.961 Cr | Rs. 39.215 Cr | + 6.1 % | + 84.45 % |
Expenses | Rs. 19.41 Cr | Rs. 36.59 Cr | Rs. 36.14 Cr | -1.23 % | + 86.19 % |
Operating Profit | Rs. 1.85 Cr | Rs. 0.37 Cr | Rs. 3.08 Cr | + 732.43 % | + 66.49 % |
OPM % | 8.7 % | 1 % | 7.85 % | + 6.85 % | -0.85 % |
Other Income | Rs. 0.168 Cr | Rs. 3.775 Cr | Rs. 0.372 Cr | -90.15 % | + 121.43 % |
Interest | Rs. 0.37 Cr | Rs. 0.85 Cr | Rs. 0.61 Cr | -28.24 % | + 64.86 % |
Depreciation | Rs. 0.31 Cr | Rs. 0.36 Cr | Rs. 0.41 Cr | + 13.89 % | + 32.26 % |
Profit before tax | Rs. 1.34 Cr | Rs. 2.94 Cr | Rs. 2.43 Cr | -17.35 % | + 81.34 % |
Tax % | 1.05 % | 5.85 % | 12.73 % | + 6.88 % | + 11.68 % |
Net Profit | Rs. 1.35 Cr | Rs. 2.77 Cr | Rs. 2.13 Cr | -23.1 % | + 57.78 % |
EPS in Rs | Rs. 0.11 | Rs. 0.22 | Rs. 0.17 | -22.73 % | + 54.55 % |
Today, we’re looking at Maximus International 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 84.45 %. However, it did see a marginal increase of 6.1 % from the previous quarter. Expenses decreased slightly by -1.23 % quarter-on-quarter, aligning with the annual rise of 86.19 %. Operating profit, while up 66.49 % compared to last year, faced a quarter-on-quarter increase of 732.43 %, 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 -0.85 %, but an expansion of 6.85 % sequentially. Other income fell by -90.15 % compared to the last quarter, despite an annual growth of 121.43 %. Interest expenses dropped significantly by -28.24 % from the previous quarter, yet the year-over-year increase remains at a moderate 64.86 %. Depreciation costs climbed by 13.89 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 32.26 %. Profit before tax grew annually by 81.34 % but saw a reduction from the preceding quarter by -17.35 %.
Tax expenses as a percentage of profits increased slightly by 11.68 % compared to last year, with a more notable quarter-on-quarter increase of 6.88 %. Net profit rose by 57.78 % year-on-year but witnessed a -23.1 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 54.55 % but a quarterly fall of -22.73 %. In summary, Maximus International 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. 21.261 Cr | Rs. 36.961 Cr | Rs. 39.215 Cr | + 6.1 % | + 84.45 % |
Expenses | Rs. 19.41 Cr | Rs. 36.59 Cr | Rs. 36.14 Cr | -1.23 % | + 86.19 % |
Operating Profit | Rs. 1.85 Cr | Rs. 0.37 Cr | Rs. 3.08 Cr | + 732.43 % | + 66.49 % |
Net Profit | Rs. 1.35 Cr | Rs. 2.77 Cr | Rs. 2.13 Cr | -23.1 % | + 57.78 % |
EPS in Rs | Rs. 0.11 | Rs. 0.22 | Rs. 0.17 | -22.73 % | + 54.55 % |
In reviewing Maximus International Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 84.45 % year-on-year growth, however, there was a minor increase of 6.1 % from the previous quarter. Expenses rose by 86.19 % compared to the previous year, with a decrease of -1.23 % quarter-on-quarter. Operating Profit surged by 66.49 % annually, and saw a 732.43 % increase from the last quarter.
Net Profit showed yearly increase of 57.78 %, and experienced a -23.1 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 54.55 % annually, however dipped by -22.73 % compared to the last quarter. In essence, while Maximus International 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.
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