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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 1.54 % in the past year, decrease in net sales/revenue by -5.77 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -3.09 %, Marginal increase in other income during this quarter, up by 126.97%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Menon Pistons Ltd.. Profit dropped by -5.86 % Year to Year, Menon Pistons Ltd.’s profitability dropped by -5.14 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -6.43 % Year to Year. EPS decreased by -5.76 % 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. 64.401 Cr | Rs. 69.399 Cr | Rs. 65.394 Cr | -5.77 % | + 1.54 % |
Expenses | Rs. 52.33 Cr | Rs. 56.2 Cr | Rs. 53.49 Cr | -4.82 % | + 2.22 % |
Operating Profit | Rs. 12.07 Cr | Rs. 13.2 Cr | Rs. 11.9 Cr | -9.85 % | -1.41 % |
OPM % | 18.74 % | 19.02 % | 18.2 % | -0.82 % | -0.54 % |
Other Income | Rs. 0.356 Cr | Rs. 0.152 Cr | Rs. 0.345 Cr | + 126.97 % | -3.09 % |
Interest | Rs. 0.56 Cr | Rs. 1.11 Cr | Rs. 0.91 Cr | -18.02 % | + 62.5 % |
Depreciation | Rs. 2.43 Cr | Rs. 2.8 Cr | Rs. 2.28 Cr | -18.57 % | -6.17 % |
Profit before tax | Rs. 9.44 Cr | Rs. 9.44 Cr | Rs. 9.06 Cr | -4.03 % | -4.03 % |
Tax % | 24.57 % | 25.17 % | 25.98 % | + 0.81 % | + 1.41 % |
Net Profit | Rs. 7.12 Cr | Rs. 7.07 Cr | Rs. 6.71 Cr | -5.09 % | -5.76 % |
EPS in Rs | Rs. 1.4 | Rs. 1.39 | Rs. 1.31 | -5.76 % | -6.43 % |
Today, we’re looking at Menon Pistons Ltd.’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 1.54 %. However, it did see a marginal slip of -5.77 % from the previous quarter. Expenses decreased slightly by -4.82 % quarter-on-quarter, aligning with the annual rise of 2.22 %. Operating profit, while down -1.41 % compared to last year, faced a quarter-on-quarter dip of -9.85 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -0.54 %, but a shrinkage of -0.82 % sequentially. Other income rose by 126.97 % compared to the last quarter, despite an annual decline of -3.09 %. Interest expenses dropped significantly by -18.02 % from the previous quarter, yet the year-over-year increase remains at a moderate 62.5 %. Depreciation costs fell by -18.57 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -6.17 %. Profit before tax declined annually by -4.03 % but saw a reduction from the preceding quarter by -4.03 %.
Tax expenses as a percentage of profits increased slightly by 1.41 % compared to last year, with a more notable quarter-on-quarter increase of 0.81 %. Net profit fell by -5.76 % year-on-year but witnessed a -5.09 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -6.43 % but a quarterly fall of -5.76 %. In summary, Menon Pistons 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. 64.401 Cr | Rs. 69.399 Cr | Rs. 65.394 Cr | -5.77 % | + 1.54 % |
Expenses | Rs. 52.33 Cr | Rs. 56.2 Cr | Rs. 53.49 Cr | -4.82 % | + 2.22 % |
Operating Profit | Rs. 12.07 Cr | Rs. 13.2 Cr | Rs. 11.9 Cr | -9.85 % | -1.41 % |
Net Profit | Rs. 7.12 Cr | Rs. 7.07 Cr | Rs. 6.71 Cr | -5.09 % | -5.76 % |
EPS in Rs | Rs. 1.4 | Rs. 1.39 | Rs. 1.31 | -5.76 % | -6.43 % |
In reviewing Menon Pistons Ltd.’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 1.54 % year-on-year growth, although there was a slight dip of -5.77 % from the previous quarter. Expenses rose by 2.22 % compared to the previous year, with a decrease of -4.82 % quarter-on-quarter. Operating Profit dropped by -1.41 % annually, and saw a -9.85 % decrease from the last quarter.
Net Profit showed yearly decrease of -5.76 %, and experienced a -5.09 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -6.43 % annually, however dipped by -5.76 % compared to the last quarter. In essence, while Menon Pistons Ltd. faces strong annual decline 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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