Share the post "Mayur Uniquoters : Q4 2024 Financial Quarterly Report : YoY Sales Up 14.31 %, QoQ Up 23.91 %"
Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 14.31 % in the past year, substantial increase in net sales/revenue by 23.91 %.
- 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 265.57 %. Marginal decrease of -26.89% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Mayur Uniquoters ltd.. Notable increase of 37.77 % in net profit Year to Year, Mayur Uniquoters ltd.’s profitability increased by 18.01 % in this quarter.
- EPS over the Year and quarter: EPS increased by 37.59 % Year to Year. EPS increased by 17.68 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 193.241 Cr | Rs. 178.264 Cr | Rs. 220.889 Cr | + 23.91 % | + 14.31 % |
Expenses | Rs. 158 Cr | Rs. 142.89 Cr | Rs. 179.59 Cr | + 25.68 % | + 13.66 % |
Operating Profit | Rs. 35.24 Cr | Rs. 35.37 Cr | Rs. 41.3 Cr | + 16.77 % | + 17.2 % |
OPM % | 18.24 % | 19.84 % | 18.7 % | -1.14 % | + 0.46 % |
Other Income | Rs. 1.83 Cr | Rs. 9.15 Cr | Rs. 6.69 Cr | -26.89 % | + 265.57 % |
Interest | Rs. 1.01 Cr | Rs. 0.59 Cr | Rs. 0.68 Cr | + 15.25 % | -32.67 % |
Depreciation | Rs. 6.76 Cr | Rs. 7.47 Cr | Rs. 7.38 Cr | -1.2 % | + 9.17 % |
Profit before tax | Rs. 29.3 Cr | Rs. 36.46 Cr | Rs. 39.93 Cr | + 9.52 % | + 36.28 % |
Tax % | 20.2 % | 25.11 % | 19.32 % | -5.79 % | -0.88 % |
Net Profit | Rs. 23.38 Cr | Rs. 27.3 Cr | Rs. 32.22 Cr | + 18.02 % | + 37.81 % |
EPS in Rs | Rs. 5.32 | Rs. 6.22 | Rs. 7.32 | + 17.68 % | + 37.59 % |
Today, we’re looking at Mayur Uniquoters ltd.’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 14.31 %. However, it did see a marginal increase of 23.91 % from the previous quarter. Expenses ticked up slightly by 25.68 % quarter-on-quarter, aligning with the annual rise of 13.66 %. Operating profit, while up 17.2 % compared to last year, faced a quarter-on-quarter increase of 16.77 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 0.46 %, but a shrinkage of -1.14 % sequentially. Other income fell by -26.89 % compared to the last quarter, despite an annual growth of 265.57 %. Interest expenses surged remarkably by 15.25 % from the previous quarter, yet the year-over-year decrease remains at a moderate -32.67 %. Depreciation costs fell by -1.2 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 9.17 %. Profit before tax grew annually by 36.28 % but saw an increase from the preceding quarter by 9.52 %.
Tax expenses as a percentage of profits decreased slightly by -0.88 % compared to last year, with a more notable quarter-on-quarter decrease of -5.79 %. Net profit rose by 37.81 % year-on-year but experienced a 18.02 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 37.59 % but a quarterly rise of 17.68 %. In summary, Mayur Uniquoters 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. 193.241 Cr | Rs. 178.264 Cr | Rs. 220.889 Cr | + 23.91 % | + 14.31 % |
Expenses | Rs. 158 Cr | Rs. 142.89 Cr | Rs. 179.59 Cr | + 25.68 % | + 13.66 % |
Operating Profit | Rs. 35.24 Cr | Rs. 35.37 Cr | Rs. 41.3 Cr | + 16.77 % | + 17.2 % |
Net Profit | Rs. 23.38 Cr | Rs. 27.3 Cr | Rs. 32.22 Cr | + 18.02 % | + 37.81 % |
EPS in Rs | Rs. 5.32 | Rs. 6.22 | Rs. 7.32 | + 17.68 % | + 37.59 % |
In reviewing Mayur Uniquoters ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 14.31 % year-on-year growth, however, there was a minor increase of 23.91 % from the previous quarter. Expenses rose by 13.66 % compared to the previous year, with a 25.68 % increase quarter-on-quarter. Operating Profit surged by 17.2 % annually, and saw a 16.77 % increase from the last quarter.
Net Profit showed yearly increase of 37.81 %, and experienced a 18.02 % increase from the previous quarter. Earnings Per Share (EPS) rose by 37.59 % annually, however rose by 17.68 % compared to the last quarter. In essence, while Mayur Uniquoters 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.
11
3-Year Profit
6
5-Year Profit
8
10-Year Profit
617
Current Price
2,713
Market Cap
For the company identified by BSE code 522249, the financial performance highlights a solid five-year profit of 6 percents. This figure escalates to 11 percents over the three-year period, pointing to positive momentum in its earnings. Despite these encouraging trends, the trailing twelve-month (TTM) figures uncover an alarming profit loss of 14 percents. This decline, coupled with the fact that the company recorded zero sales across all periods examined, raises red flags about the sustainability of its business model and its ability to generate consistent revenue. Furthermore, the stock price fluctuations during this period further reflect the company's uncertain position. The stock started at 24 percents but has since plummeted to 18 percents recently, painting a picture of rapid decline. Over a longer ten-year horizon, the stock price stood at 3 percents, further underscoring the long-term challenges the company faces in maintaining investor confidence and market value.
With a market capitalization of ₹2,713 crore, the company’s stock is currently trading at ₹617, having fluctuated within a range of ₹700 / 454 over the years. The stock's P/E ratio of 20.9 reflects a relatively high valuation compared to its earnings, which could suggest strong future growth expectations or heightened investor demand. The company’s book value is ₹197, representing the total value of its assets on a per-share basis, while the dividend yield of 0.49% offers a modest return to shareholders. ROCE, at 19.3%, highlights the company's efficient use of capital in generating profits, while ROE at 15.0% underscores its ability to generate returns for shareholders. The debt-to-equity ratio of 0.02 is very low, indicating conservative financial management and minimal reliance on borrowed funds. Despite this, the company shows a negative net cash flow of ₹13.6 crore, which could point to cash management challenges or recent heavy investments. The Piotroski score of 8.00 suggests moderate financial strength, while the Graham Number, pegged at ₹361, offers a rough estimate of the stock's intrinsic value. The Price-to-Book (P/B) ratio of 3.10 signals that the stock is trading at a premium, which might reflect investor confidence in the company's growth trajectory.