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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.