Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 136.65 % in the past year, substantial increase in net sales/revenue by 939.27 %.
- Income over the Year and quarter: Marginal increase in other income during this quarter, up by 211.11%.
- Profit over the Year and quarter: Challenges in sustaining profitability for MENA MANI INDUSTRIES LIMITED. Profit dropped by -45.09 % Year to Year, MENA MANI INDUSTRIES LIMITED’s profitability increased by 4512.5 % in this quarter.
- EPS over the Year and quarter: EPS declined by -95.52 % Year to Year. EPS increased by 200 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 3.724 Cr | Rs. 0.848 Cr | Rs. 8.813 Cr | + 939.27 % | + 136.65 % |
| Expenses | Rs. 2.68 Cr | Rs. 0.87 Cr | Rs. 8.04 Cr | + 824.14 % | + 200 % |
| Operating Profit | Rs. 1.04 Cr | Rs. -0.02 Cr | Rs. 0.77 Cr | + 3950 % | -25.96 % |
| OPM % | 27.93 % | -2.36 % | 8.74 % | + 11.1 % | -19.19 % |
| Other Income | Rs. -0 Cr | Rs. 0.09 Cr | Rs. 0.28 Cr | + 211.11 % | 0 % |
| Interest | Rs. 0.16 Cr | Rs. 0 Cr | Rs. 0.03 Cr | 0 % | -81.25 % |
| Depreciation | Rs. 0 Cr | Rs. 0.06 Cr | Rs. 0.14 Cr | + 133.33 % | 0 % |
| Profit before tax | Rs. 0.88 Cr | Rs. 0.01 Cr | Rs. 0.88 Cr | + 8700 % | + 0 % |
| Tax % | 24.3 % | 0 % | 58.84 % | + 58.84 % | + 34.54 % |
| Net Profit | Rs. 0.67 Cr | Rs. 0.01 Cr | Rs. 0.37 Cr | + 3600 % | -44.78 % |
| EPS in Rs | Rs. 0.67 | Rs. 0.01 | Rs. 0.03 | + 200 % | -95.52 % |
Today, we’re looking at MENA MANI INDUSTRIES 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 136.65 %. However, it did see a marginal increase of 939.27 % from the previous quarter. Expenses ticked up slightly by 824.14 % quarter-on-quarter, aligning with the annual rise of 200 %. Operating profit, while down -25.96 % compared to last year, faced a quarter-on-quarter increase of 3950 %, 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 -19.19 %, but an expansion of 11.1 % sequentially. Other income rose by 211.11 % compared to the last quarter, yet the year-over-year decrease remains at a moderate -81.25 %. Depreciation costs climbed by 133.33 % quarter-on-quarter, Profit before tax grew annually by 0 % but saw an increase from the preceding quarter by 8700 %.
Tax expenses as a percentage of profits increased slightly by 34.54 % compared to last year, with a more notable quarter-on-quarter increase of 58.84 %. Net profit fell by -44.78 % year-on-year but experienced a 3600 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -95.52 % but a quarterly rise of 200 %. In summary, MENA MANI INDUSTRIES 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. 3.724 Cr | Rs. 0.848 Cr | Rs. 8.813 Cr | + 939.27 % | + 136.65 % |
| Expenses | Rs. 2.68 Cr | Rs. 0.87 Cr | Rs. 8.04 Cr | + 824.14 % | + 200 % |
| Operating Profit | Rs. 1.04 Cr | Rs. -0.02 Cr | Rs. 0.77 Cr | + 3950 % | -25.96 % |
| Net Profit | Rs. 0.67 Cr | Rs. 0.01 Cr | Rs. 0.37 Cr | + 3600 % | -44.78 % |
| EPS in Rs | Rs. 0.67 | Rs. 0.01 | Rs. 0.03 | + 200 % | -95.52 % |
In reviewing MENA MANI INDUSTRIES LIMITED’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 136.65 % year-on-year growth, however, there was a minor increase of 939.27 % from the previous quarter. Expenses rose by 200 % compared to the previous year, with a 824.14 % increase quarter-on-quarter. Operating Profit dropped by -25.96 % annually, and saw a 3950 % increase from the last quarter.
Net Profit showed yearly decrease of -44.78 %, and experienced a 3600 % increase from the previous quarter. Earnings Per Share (EPS) fell by -95.52 % annually, however rose by 200 % compared to the last quarter. In essence, while MENA MANI INDUSTRIES LIMITED 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.
