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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.
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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