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Mayur Floorings ‘s Q2 Report: Revenue Rises by 83.81% YoY

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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 83.81 % in the past year, substantial increase in net sales/revenue by 67.51 %.
  • Profit over the Year and quarter: Significant improvement in profitability for Mayur Floorings Ltd.. Notable increase of 93.75 % in net profit Year to Year, Mayur Floorings Ltd.’s profitability increased by 158.33 % in this quarter.
  • EPS over the Year and quarter: EPS increased by 75.00 % Year to Year. EPS increased by 133.33 % in previous quarter. Positive impact on shareholders.

The comprehensive analytics outlining the performance and outlook of Mayur Floorings Ltd.‘s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 0.976 Cr Rs. 1.071 Cr Rs. 1.794 Cr + 67.51 % + 83.81 %
Expenses Rs. 0.89 Cr Rs. 0.97 Cr Rs. 1.67 Cr + 72.16 % + 87.64 %
Operating Profit Rs. 0.09 Cr Rs. 0.1 Cr Rs. 0.12 Cr + 20 % + 33.33 %
OPM % 9.22 % 9.34 % 6.69 % -2.65 % -2.53 %
Other Income Rs. 0 Cr Rs. 0 Cr Rs. 0 Cr 0 % 0 %
Interest Rs. 0.04 Cr Rs. 0.04 Cr Rs. 0.05 Cr + 25 % + 25 %
Depreciation Rs. 0.02 Cr Rs. 0.04 Cr Rs. 0.04 Cr + 0 % + 100 %
Profit before tax Rs. 0.03 Cr Rs. 0.02 Cr Rs. 0.03 Cr + 50 % + 0 %
Tax % 15.79 % 25 % 0 % -25 % -15.79 %
Net Profit Rs. 0.02 Cr Rs. 0.01 Cr Rs. 0.03 Cr + 200 % + 50 %
EPS in Rs Rs. 0.04 Rs. 0.03 Rs. 0.07 + 133.33 % + 75 %


Today, we’re looking at Mayur Floorings Ltd.’s financial performance for the Q2(Sep 2024-25).Starting with the top line, the company reported a robust year-over-year sales growth of 83.81 %. However, it did see a marginal increase of 67.51 % from the previous quarter. Expenses ticked up slightly by 72.16 % quarter-on-quarter, aligning with the annual rise of 87.64 %. Operating profit, while up 33.33 % compared to last year, faced a quarter-on-quarter increase of 20 %, 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 -2.53 %, but a shrinkage of -2.65 % sequentially. Interest expenses surged remarkably by 25 % from the previous quarter, yet the year-over-year increase remains at a moderate 25 %. Depreciation costs climbed by 0 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 100 %. Profit before tax grew annually by 0 % but saw an increase from the preceding quarter by 50 %.
Tax expenses as a percentage of profits decreased slightly by -15.79 % compared to last year, with a more notable quarter-on-quarter decrease of -25 %. Net profit rose by 50 % year-on-year but experienced a 200 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 75 % but a quarterly rise of 133.33 %. In summary, Mayur Floorings Ltd.’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. 0.976 Cr Rs. 1.071 Cr Rs. 1.794 Cr + 67.51 % + 83.81 %
Expenses Rs. 0.89 Cr Rs. 0.97 Cr Rs. 1.67 Cr + 72.16 % + 87.64 %
Operating Profit Rs. 0.09 Cr Rs. 0.1 Cr Rs. 0.12 Cr + 20 % + 33.33 %
Net Profit Rs. 0.02 Cr Rs. 0.01 Cr Rs. 0.03 Cr + 200 % + 50 %
EPS in Rs Rs. 0.04 Rs. 0.03 Rs. 0.07 + 133.33 % + 75 %


In reviewing Mayur Floorings Ltd.’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 83.81 % year-on-year growth, however, there was a minor increase of 67.51 % from the previous quarter. Expenses rose by 87.64 % compared to the previous year, with a 72.16 % increase quarter-on-quarter. Operating Profit surged by 33.33 % annually, and saw a 20 % increase from the last quarter.
Net Profit showed yearly increase of 50 %, and experienced a 200 % increase from the previous quarter. Earnings Per Share (EPS) rose by 75 % annually, however rose by 133.33 % compared to the last quarter. In essence, while Mayur Floorings Ltd. 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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