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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 7.14 % in the past year, decrease in net sales/revenue by -8.26 %.
- 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 30.66 %. Marginal increase in other income during this quarter, up by 53.15%.
- Profit over the Year and quarter: Significant improvement in profitability for Metro Brands Limited. Notable increase of 126.33 % in net profit Year to Year, Metro Brands Limited’s profitability increased by 57.48 % in this quarter.
- EPS over the Year and quarter: EPS increased by 126.59 % Year to Year. EPS increased by 58.61 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 544.13 Cr | Rs. 635.503 Cr | Rs. 582.98 Cr | -8.26 % | + 7.14 % |
Expenses | Rs. 400.56 Cr | Rs. 436.52 Cr | Rs. 424.35 Cr | -2.79 % | + 5.94 % |
Operating Profit | Rs. 143.57 Cr | Rs. 198.98 Cr | Rs. 158.63 Cr | -20.28 % | + 10.49 % |
OPM % | 26.39 % | 31.31 % | 27.21 % | -4.1 % | + 0.82 % |
Other Income | Rs. 19.54 Cr | Rs. 16.67 Cr | Rs. 25.53 Cr | + 53.15 % | + 30.66 % |
Interest | Rs. 17.51 Cr | Rs. 20.37 Cr | Rs. 20.31 Cr | -0.29 % | + 15.99 % |
Depreciation | Rs. 50.2 Cr | Rs. 58.64 Cr | Rs. 59.07 Cr | + 0.73 % | + 17.67 % |
Profit before tax | Rs. 95.4 Cr | Rs. 136.64 Cr | Rs. 104.78 Cr | -23.32 % | + 9.83 % |
Tax % | 28.18 % | 27.85 % | 49.03 % | + 21.18 % | + 20.85 % |
Net Profit | Rs. 68.74 Cr | Rs. 98.79 Cr | Rs. 155.57 Cr | + 57.48 % | + 126.32 % |
EPS in Rs | Rs. 2.51 | Rs. 3.58 | Rs. 5.69 | + 58.94 % | + 126.69 % |
Today, we’re looking at Metro Brands 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 7.14 %. However, it did see a marginal slip of -8.26 % from the previous quarter. Expenses decreased slightly by -2.79 % quarter-on-quarter, aligning with the annual rise of 5.94 %. Operating profit, while up 10.49 % compared to last year, faced a quarter-on-quarter dip of -20.28 %, 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 0.82 %, but a shrinkage of -4.1 % sequentially. Other income rose by 53.15 % compared to the last quarter, despite an annual growth of 30.66 %. Interest expenses dropped significantly by -0.29 % from the previous quarter, yet the year-over-year increase remains at a moderate 15.99 %. Depreciation costs climbed by 0.73 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 17.67 %. Profit before tax grew annually by 9.83 % but saw a reduction from the preceding quarter by -23.32 %.
Tax expenses as a percentage of profits increased slightly by 20.85 % compared to last year, with a more notable quarter-on-quarter increase of 21.18 %. Net profit rose by 126.32 % year-on-year but experienced a 57.48 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 126.69 % but a quarterly rise of 58.94 %. In summary, Metro Brands 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. 544.13 Cr | Rs. 635.503 Cr | Rs. 582.98 Cr | -8.26 % | + 7.14 % |
Expenses | Rs. 400.56 Cr | Rs. 436.52 Cr | Rs. 424.35 Cr | -2.79 % | + 5.94 % |
Operating Profit | Rs. 143.57 Cr | Rs. 198.98 Cr | Rs. 158.63 Cr | -20.28 % | + 10.49 % |
Net Profit | Rs. 68.74 Cr | Rs. 98.79 Cr | Rs. 155.57 Cr | + 57.48 % | + 126.32 % |
EPS in Rs | Rs. 2.51 | Rs. 3.58 | Rs. 5.69 | + 58.94 % | + 126.69 % |
In reviewing Metro Brands Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 7.14 % year-on-year growth, although there was a slight dip of -8.26 % from the previous quarter. Expenses rose by 5.94 % compared to the previous year, with a decrease of -2.79 % quarter-on-quarter. Operating Profit surged by 10.49 % annually, and saw a -20.28 % decrease from the last quarter.
Net Profit showed yearly increase of 126.32 %, and experienced a 57.48 % increase from the previous quarter. Earnings Per Share (EPS) rose by 126.69 % annually, however rose by 58.94 % compared to the last quarter. In essence, while Metro Brands Limited exhibits strong annual growth 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.