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Metro Brands : Q4 2024 Financial Quarterly Report : YoY Sales Up 7.14 %, QoQ Down 8.26 %

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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.

The comprehensive analytics outlining the performance and outlook of Metro Brands Limited”s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

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.

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