Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 1.56 % in the past year, substantial increase in net sales/revenue by 4.38 %.
- 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 7.14 %. Marginal increase in other income during this quarter, up by 66.67%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Metal Coatings (India) Ltd.. Profit dropped by -21.38 % Year to Year, Metal Coatings (India) Ltd.’s profitability increased by 90.95 % in this quarter.
- EPS over the Year and quarter: EPS declined by -21.82 % Year to Year. EPS increased by 89.71 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 43.303 Cr | Rs. 42.135 Cr | Rs. 43.98 Cr | + 4.38 % | + 1.56 % |
| Expenses | Rs. 41.65 Cr | Rs. 41.48 Cr | Rs. 42.73 Cr | + 3.01 % | + 2.59 % |
| Operating Profit | Rs. 1.65 Cr | Rs. 0.66 Cr | Rs. 1.25 Cr | + 89.39 % | -24.24 % |
| OPM % | 3.81 % | 1.57 % | 2.84 % | + 1.27 % | -0.97 % |
| Other Income | Rs. 0.14 Cr | Rs. 0.09 Cr | Rs. 0.15 Cr | + 66.67 % | + 7.14 % |
| Interest | Rs. 0.02 Cr | Rs. 0 Cr | Rs. 0.01 Cr | 0 % | -50 % |
| Depreciation | Rs. 0.14 Cr | Rs. 0.13 Cr | Rs. 0.14 Cr | + 7.69 % | + 0 % |
| Profit before tax | Rs. 1.63 Cr | Rs. 0.62 Cr | Rs. 1.25 Cr | + 101.61 % | -23.31 % |
| Tax % | 26.04 % | 18.92 % | 23.79 % | + 4.87 % | -2.25 % |
| Net Profit | Rs. 1.21 Cr | Rs. 0.5 Cr | Rs. 0.95 Cr | + 90 % | -21.49 % |
| EPS in Rs | Rs. 1.65 | Rs. 0.68 | Rs. 1.29 | + 89.71 % | -21.82 % |
Today, we’re looking at Metal Coatings (India) Ltd.’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 1.56 %. However, it did see a marginal increase of 4.38 % from the previous quarter. Expenses ticked up slightly by 3.01 % quarter-on-quarter, aligning with the annual rise of 2.59 %. Operating profit, while down -24.24 % compared to last year, faced a quarter-on-quarter increase of 89.39 %, 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 -0.97 %, but an expansion of 1.27 % sequentially. Other income rose by 66.67 % compared to the last quarter, despite an annual growth of 7.14 %. yet the year-over-year decrease remains at a moderate -50 %. Depreciation costs climbed by 7.69 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0 %. Profit before tax declined annually by -23.31 % but saw an increase from the preceding quarter by 101.61 %.
Tax expenses as a percentage of profits decreased slightly by -2.25 % compared to last year, with a more notable quarter-on-quarter increase of 4.87 %. Net profit fell by -21.49 % year-on-year but experienced a 90 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -21.82 % but a quarterly rise of 89.71 %. In summary, Metal Coatings (India) 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. 43.303 Cr | Rs. 42.135 Cr | Rs. 43.98 Cr | + 4.38 % | + 1.56 % |
| Expenses | Rs. 41.65 Cr | Rs. 41.48 Cr | Rs. 42.73 Cr | + 3.01 % | + 2.59 % |
| Operating Profit | Rs. 1.65 Cr | Rs. 0.66 Cr | Rs. 1.25 Cr | + 89.39 % | -24.24 % |
| Net Profit | Rs. 1.21 Cr | Rs. 0.5 Cr | Rs. 0.95 Cr | + 90 % | -21.49 % |
| EPS in Rs | Rs. 1.65 | Rs. 0.68 | Rs. 1.29 | + 89.71 % | -21.82 % |
In reviewing Metal Coatings (India) Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 1.56 % year-on-year growth, however, there was a minor increase of 4.38 % from the previous quarter. Expenses rose by 2.59 % compared to the previous year, with a 3.01 % increase quarter-on-quarter. Operating Profit dropped by -24.24 % annually, and saw a 89.39 % increase from the last quarter.
Net Profit showed yearly decrease of -21.49 %, and experienced a 90 % increase from the previous quarter. Earnings Per Share (EPS) fell by -21.82 % annually, however rose by 89.71 % compared to the last quarter. In essence, while Metal Coatings (India) 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.
