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Highlights
- Sales over the Year and quarter: The company’s sales declined by -13.98 % over the year, substantial increase in net sales/revenue by 6.64 %.
- 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 216.13 %. Marginal increase in other income during this quarter, up by 10.73%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Mazda Ltd.. Profit dropped by -11.83 % Year to Year, Mazda Ltd.’s profitability increased by 13.38 % in this quarter.
- EPS over the Year and quarter: EPS declined by -11.84 % Year to Year. EPS increased by 13.38 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 66.902 Cr | Rs. 53.97 Cr | Rs. 57.551 Cr | + 6.64 % | -13.98 % |
Expenses | Rs. 51.78 Cr | Rs. 43.72 Cr | Rs. 45.47 Cr | + 4 % | -12.19 % |
Operating Profit | Rs. 15.12 Cr | Rs. 10.25 Cr | Rs. 12.08 Cr | + 17.85 % | -20.11 % |
OPM % | 22.6 % | 18.99 % | 20.99 % | + 2 % | -1.61 % |
Other Income | Rs. 0.62 Cr | Rs. 1.77 Cr | Rs. 1.96 Cr | + 10.73 % | + 216.13 % |
Interest | Rs. 0.16 Cr | Rs. 0.11 Cr | Rs. 0.15 Cr | + 36.36 % | -6.25 % |
Depreciation | Rs. 0.95 Cr | Rs. 1 Cr | Rs. 1.02 Cr | + 2 % | + 7.37 % |
Profit before tax | Rs. 14.63 Cr | Rs. 10.91 Cr | Rs. 12.87 Cr | + 17.97 % | -12.03 % |
Tax % | 27.36 % | 24.24 % | 27.26 % | + 3.02 % | -0.1 % |
Net Profit | Rs. 10.63 Cr | Rs. 8.26 Cr | Rs. 9.37 Cr | + 13.44 % | -11.85 % |
EPS in Rs | Rs. 26.53 | Rs. 20.63 | Rs. 23.39 | + 13.38 % | -11.84 % |
Today, we’re looking at Mazda Ltd.’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -13.98 %. However, it did see a marginal increase of 6.64 % from the previous quarter. Expenses ticked up slightly by 4 % quarter-on-quarter, aligning with the annual decline of -12.19 %. Operating profit, while down -20.11 % compared to last year, faced a quarter-on-quarter increase of 17.85 %, 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 -1.61 %, but an expansion of 2 % sequentially. Other income rose by 10.73 % compared to the last quarter, despite an annual growth of 216.13 %. Interest expenses surged remarkably by 36.36 % from the previous quarter, yet the year-over-year decrease remains at a moderate -6.25 %. Depreciation costs climbed by 2 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 7.37 %. Profit before tax declined annually by -12.03 % but saw an increase from the preceding quarter by 17.97 %.
Tax expenses as a percentage of profits decreased slightly by -0.1 % compared to last year, with a more notable quarter-on-quarter increase of 3.02 %. Net profit fell by -11.85 % year-on-year but experienced a 13.44 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -11.84 % but a quarterly rise of 13.38 %. In summary, Mazda 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. 66.902 Cr | Rs. 53.97 Cr | Rs. 57.551 Cr | + 6.64 % | -13.98 % |
Expenses | Rs. 51.78 Cr | Rs. 43.72 Cr | Rs. 45.47 Cr | + 4 % | -12.19 % |
Operating Profit | Rs. 15.12 Cr | Rs. 10.25 Cr | Rs. 12.08 Cr | + 17.85 % | -20.11 % |
Net Profit | Rs. 10.63 Cr | Rs. 8.26 Cr | Rs. 9.37 Cr | + 13.44 % | -11.85 % |
EPS in Rs | Rs. 26.53 | Rs. 20.63 | Rs. 23.39 | + 13.38 % | -11.84 % |
In reviewing Mazda Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -13.98 % year-on-year, however, there was a minor increase of 6.64 % from the previous quarter. Expenses decreased by -12.19 % compared to the previous year, with a 4 % increase quarter-on-quarter. Operating Profit dropped by -20.11 % annually, and saw a 17.85 % increase from the last quarter.
Net Profit showed yearly decrease of -11.85 %, and experienced a 13.44 % increase from the previous quarter. Earnings Per Share (EPS) fell by -11.84 % annually, however rose by 13.38 % compared to the last quarter. In essence, while Mazda Ltd. faces strong annual decline 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.