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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 18.57 % in the past year, decrease in net sales/revenue by -29.84 %.
- Income over the Year and quarter: Marginal increase in other income during this quarter, up by 10000%.
- Profit over the Year and quarter: Significant improvement in profitability for Mayukh Dealtrade Limited. Notable increase of 327.85 % in net profit Year to Year, Mayukh Dealtrade Limited’s profitability dropped by -29.88 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 250.00 % Year to Year. EPS decreased by -30 % 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. 0.587 Cr | Rs. 0.992 Cr | Rs. 0.696 Cr | -29.84 % | + 18.57 % |
Expenses | Rs. 0.34 Cr | Rs. 0.34 Cr | Rs. 0.21 Cr | -38.24 % | -38.24 % |
Operating Profit | Rs. 0.25 Cr | Rs. 0.65 Cr | Rs. 0.49 Cr | -24.62 % | + 96 % |
OPM % | 42.59 % | 65.52 % | 70.4 % | + 4.88 % | + 27.81 % |
Other Income | Rs. 0 Cr | Rs. 0.001 Cr | Rs. 0.101 Cr | + 10000 % | 0 % |
Interest | Rs. 0.01 Cr | Rs. 0 Cr | Rs. 0.01 Cr | 0 % | + 0 % |
Depreciation | Rs. 0.13 Cr | Rs. 0.08 Cr | Rs. 0.1 Cr | + 25 % | -23.08 % |
Profit before tax | Rs. 0.11 Cr | Rs. 0.57 Cr | Rs. 0.48 Cr | -15.79 % | + 336.36 % |
Tax % | 26.17 % | 16.17 % | 28.69 % | + 12.52 % | + 2.52 % |
Net Profit | Rs. 0.08 Cr | Rs. 0.48 Cr | Rs. 0.34 Cr | -29.17 % | + 325 % |
EPS in Rs | Rs. 0.04 | Rs. 0.2 | Rs. 0.14 | -30 % | + 250 % |
Today, we’re looking at Mayukh Dealtrade 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 18.57 %. However, it did see a marginal slip of -29.84 % from the previous quarter. Expenses decreased slightly by -38.24 % quarter-on-quarter, aligning with the annual decline of -38.24 %. Operating profit, while up 96 % compared to last year, faced a quarter-on-quarter dip of -24.62 %, 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 27.81 %, but an expansion of 4.88 % sequentially. Other income rose by 10000 % compared to the last quarter, yet the year-over-year increase remains at a moderate 0 %. Depreciation costs climbed by 25 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -23.08 %. Profit before tax grew annually by 336.36 % but saw a reduction from the preceding quarter by -15.79 %.
Tax expenses as a percentage of profits increased slightly by 2.52 % compared to last year, with a more notable quarter-on-quarter increase of 12.52 %. Net profit rose by 325 % year-on-year but witnessed a -29.17 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 250 % but a quarterly fall of -30 %. In summary, Mayukh Dealtrade 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. 0.587 Cr | Rs. 0.992 Cr | Rs. 0.696 Cr | -29.84 % | + 18.57 % |
Expenses | Rs. 0.34 Cr | Rs. 0.34 Cr | Rs. 0.21 Cr | -38.24 % | -38.24 % |
Operating Profit | Rs. 0.25 Cr | Rs. 0.65 Cr | Rs. 0.49 Cr | -24.62 % | + 96 % |
Net Profit | Rs. 0.08 Cr | Rs. 0.48 Cr | Rs. 0.34 Cr | -29.17 % | + 325 % |
EPS in Rs | Rs. 0.04 | Rs. 0.2 | Rs. 0.14 | -30 % | + 250 % |
In reviewing Mayukh Dealtrade Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 18.57 % year-on-year growth, although there was a slight dip of -29.84 % from the previous quarter. Expenses decreased by -38.24 % compared to the previous year, with a decrease of -38.24 % quarter-on-quarter. Operating Profit surged by 96 % annually, and saw a -24.62 % decrease from the last quarter.
Net Profit showed yearly increase of 325 %, and experienced a -29.17 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 250 % annually, however dipped by -30 % compared to the last quarter. In essence, while Mayukh Dealtrade Limited exhibits strong annual growth indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.
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