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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 49.32 % in the past year, substantial increase in net sales/revenue by 31.37 %.
- 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 59.92 %. Marginal increase in other income during this quarter, up by 26.65%.
- Profit over the Year and quarter: Significant improvement in profitability for Mazagon Dock Shipbuilders Limited. Notable increase of 103.25 % in net profit Year to Year, Mazagon Dock Shipbuilders Limited’s profitability increased by 5.77 % in this quarter.
- EPS over the Year and quarter: EPS increased by 103.28 % Year to Year. EPS increased by 5.76 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 2078.59 Cr | Rs. 2362.47 Cr | Rs. 3103.65 Cr | + 31.37 % | + 49.32 % |
Expenses | Rs. 1867.97 Cr | Rs. 1823.29 Cr | Rs. 2579.53 Cr | + 41.48 % | + 38.09 % |
Operating Profit | Rs. 210.62 Cr | Rs. 539.18 Cr | Rs. 524.12 Cr | -2.79 % | + 148.85 % |
OPM % | 10.13 % | 22.82 % | 16.89 % | -5.93 % | + 6.76 % |
Other Income | Rs. 240.64 Cr | Rs. 303.85 Cr | Rs. 384.84 Cr | + 26.65 % | + 59.92 % |
Interest | Rs. 1.96 Cr | Rs. 1.29 Cr | Rs. 1.27 Cr | -1.55 % | -35.2 % |
Depreciation | Rs. 20.37 Cr | Rs. 20.27 Cr | Rs. 22.93 Cr | + 13.12 % | + 12.57 % |
Profit before tax | Rs. 428.93 Cr | Rs. 821.47 Cr | Rs. 884.76 Cr | + 7.7 % | + 106.27 % |
Tax % | 25.72 % | 24.76 % | 26.13 % | + 1.37 % | + 0.41 % |
Net Profit | Rs. 326.19 Cr | Rs. 626.78 Cr | Rs. 662.97 Cr | + 5.77 % | + 103.25 % |
EPS in Rs | Rs. 16.17 | Rs. 31.08 | Rs. 32.87 | + 5.76 % | + 103.28 % |
Today, we’re looking at Mazagon Dock Shipbuilders Limited’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 49.32 %. However, it did see a marginal increase of 31.37 % from the previous quarter. Expenses ticked up slightly by 41.48 % quarter-on-quarter, aligning with the annual rise of 38.09 %. Operating profit, while up 148.85 % compared to last year, faced a quarter-on-quarter dip of -2.79 %, 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 6.76 %, but a shrinkage of -5.93 % sequentially. Other income rose by 26.65 % compared to the last quarter, despite an annual growth of 59.92 %. Interest expenses dropped significantly by -1.55 % from the previous quarter, yet the year-over-year decrease remains at a moderate -35.2 %. Depreciation costs climbed by 13.12 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 12.57 %. Profit before tax grew annually by 106.27 % but saw an increase from the preceding quarter by 7.7 %.
Tax expenses as a percentage of profits increased slightly by 0.41 % compared to last year, with a more notable quarter-on-quarter increase of 1.37 %. Net profit rose by 103.25 % year-on-year but experienced a 5.77 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 103.28 % but a quarterly rise of 5.76 %. In summary, Mazagon Dock Shipbuilders 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. 2078.59 Cr | Rs. 2362.47 Cr | Rs. 3103.65 Cr | + 31.37 % | + 49.32 % |
Expenses | Rs. 1867.97 Cr | Rs. 1823.29 Cr | Rs. 2579.53 Cr | + 41.48 % | + 38.09 % |
Operating Profit | Rs. 210.62 Cr | Rs. 539.18 Cr | Rs. 524.12 Cr | -2.79 % | + 148.85 % |
Net Profit | Rs. 326.19 Cr | Rs. 626.78 Cr | Rs. 662.97 Cr | + 5.77 % | + 103.25 % |
EPS in Rs | Rs. 16.17 | Rs. 31.08 | Rs. 32.87 | + 5.76 % | + 103.28 % |
In reviewing Mazagon Dock Shipbuilders Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 49.32 % year-on-year growth, however, there was a minor increase of 31.37 % from the previous quarter. Expenses rose by 38.09 % compared to the previous year, with a 41.48 % increase quarter-on-quarter. Operating Profit surged by 148.85 % annually, and saw a -2.79 % decrease from the last quarter.
Net Profit showed yearly increase of 103.25 %, and experienced a 5.77 % increase from the previous quarter. Earnings Per Share (EPS) rose by 103.28 % annually, however rose by 5.76 % compared to the last quarter. In essence, while Mazagon Dock Shipbuilders Limited 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.