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Highlights
- The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 50.84 % in the past year, substantial increase in net sales/revenue by 16.96 %.
- 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 1.11 %. Marginal decrease of -6.17% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Mazagon Dock Shipbuilders Limited. Notable increase of 75.76 % in net profit Year to Year, Mazagon Dock Shipbuilders Limited’s profitability dropped by -15.95 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 75.82 % Year to Year. EPS decreased by -15.94 % in previous quarter. Analysis needed for shareholder value.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 1827.7 Cr | Rs. 2357.02 Cr | Rs. 2756.83 Cr | + 16.96 % | + 50.84 % |
Expenses | Rs. 1651.08 Cr | Rs. 1714.76 Cr | Rs. 2246.18 Cr | + 30.99 % | + 36.04 % |
Operating Profit | Rs. 176.62 Cr | Rs. 642.26 Cr | Rs. 510.65 Cr | -20.49 % | + 189.12 % |
OPM % | 9.66 % | 27.25 % | 18.52 % | -8.73 % | + 8.86 % |
Other Income | Rs. 251.48 Cr | Rs. 271 Cr | Rs. 254.28 Cr | -6.17 % | + 1.11 % |
Interest | Rs. 1.27 Cr | Rs. 1.09 Cr | Rs. 1.09 Cr | + 0 % | -14.17 % |
Depreciation | Rs. 20.19 Cr | Rs. 23.38 Cr | Rs. 23.35 Cr | -0.13 % | + 15.65 % |
Profit before tax | Rs. 406.64 Cr | Rs. 888.79 Cr | Rs. 740.49 Cr | -16.69 % | + 82.1 % |
Tax % | 25.27 % | 25.07 % | 25.35 % | + 0.28 % | + 0.08 % |
Net Profit | Rs. 332.88 Cr | Rs. 696.1 Cr | Rs. 585.08 Cr | -15.95 % | + 75.76 % |
EPS in Rs | Rs. 16.5 | Rs. 34.51 | Rs. 29.01 | -15.94 % | + 75.82 % |
Today, we’re looking at Mazagon Dock Shipbuilders Limited’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 50.84 %. However, it did see a marginal increase of 16.96 % from the previous quarter. Expenses ticked up slightly by 30.99 % quarter-on-quarter, aligning with the annual rise of 36.04 %. Operating profit, while up 189.12 % compared to last year, faced a quarter-on-quarter dip of -20.49 %, 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 8.86 %, but a shrinkage of -8.73 % sequentially. Other income fell by -6.17 % compared to the last quarter, despite an annual growth of 1.11 %. Interest expenses surged remarkably by 0 % from the previous quarter, yet the year-over-year decrease remains at a moderate -14.17 %. Depreciation costs fell by -0.13 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 15.65 %. Profit before tax grew annually by 82.1 % but saw a reduction from the preceding quarter by -16.69 %.
Tax expenses as a percentage of profits increased slightly by 0.08 % compared to last year, with a more notable quarter-on-quarter increase of 0.28 %. Net profit rose by 75.76 % year-on-year but witnessed a -15.95 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 75.82 % but a quarterly fall of -15.94 %. 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. 1827.7 Cr | Rs. 2357.02 Cr | Rs. 2756.83 Cr | + 16.96 % | + 50.84 % |
Expenses | Rs. 1651.08 Cr | Rs. 1714.76 Cr | Rs. 2246.18 Cr | + 30.99 % | + 36.04 % |
Operating Profit | Rs. 176.62 Cr | Rs. 642.26 Cr | Rs. 510.65 Cr | -20.49 % | + 189.12 % |
Net Profit | Rs. 332.88 Cr | Rs. 696.1 Cr | Rs. 585.08 Cr | -15.95 % | + 75.76 % |
EPS in Rs | Rs. 16.5 | Rs. 34.51 | Rs. 29.01 | -15.94 % | + 75.82 % |
In reviewing Mazagon Dock Shipbuilders Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 50.84 % year-on-year growth, however, there was a minor increase of 16.96 % from the previous quarter. Expenses rose by 36.04 % compared to the previous year, with a 30.99 % increase quarter-on-quarter. Operating Profit surged by 189.12 % annually, and saw a -20.49 % decrease from the last quarter.
Net Profit showed yearly increase of 75.76 %, and experienced a -15.95 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 75.82 % annually, however dipped by -15.94 % compared to the last quarter. In essence, while Mazagon Dock Shipbuilders Limited exhibits strong annual growth indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.
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