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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’s sales declined by -28.52 % over the year, decrease in net sales/revenue by -38.38 %.
- Profit over the Year and quarter: Significant improvement in profitability for Millennium Online Solutions (India) Ltd. Notable increase of 55.36 % in net profit Year to Year, Millennium Online Solutions (India) Ltd’s profitability dropped by -28.69 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 0.00 % Year to Year. EPS decreased by -50 % 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. 0.256 Cr | Rs. 0.297 Cr | Rs. 0.183 Cr | -38.38 % | -28.52 % |
| Expenses | Rs. 0.31 Cr | Rs. 0.48 Cr | Rs. 0.27 Cr | -43.75 % | -12.9 % |
| Operating Profit | Rs. -0.05 Cr | Rs. -0.18 Cr | Rs. -0.09 Cr | + 50 % | -80 % |
| OPM % | -19.53 % | -60.61 % | -49.18 % | + 11.43 % | -29.65 % |
| Other Income | Rs. 0.001 Cr | Rs. 0 Cr | Rs. 0.001 Cr | 0 % | + 0 % |
| Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
| Depreciation | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
| Profit before tax | Rs. -0.05 Cr | Rs. -0.18 Cr | Rs. -0.09 Cr | + 50 % | -80 % |
| Tax % | -0 % | -33.33 % | -0 % | + 33.33 % | 0 % |
| Net Profit | Rs. -0.06 Cr | Rs. -0.12 Cr | Rs. -0.09 Cr | + 25 % | -50 % |
| EPS in Rs | Rs. -0.01 | Rs. -0.02 | Rs. -0.01 | + 50 % | + 0 % |
Today, we’re looking at Millennium Online Solutions (India) Ltd’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -28.52 %. However, it did see a marginal slip of -38.38 % from the previous quarter. Expenses decreased slightly by -43.75 % quarter-on-quarter, aligning with the annual decline of -12.9 %. Operating profit, while down -80 % compared to last year, faced a quarter-on-quarter increase of 50 %, 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 -29.65 %, but an expansion of 11.43 % sequentially. despite an annual growth of 0 %. Profit before tax declined annually by -80 % but saw an increase from the preceding quarter by 50 %.
with a more notable quarter-on-quarter increase of 33.33 %. Net profit fell by -50 % year-on-year but experienced a 25 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 0 % but a quarterly rise of 50 %. In summary, Millennium Online Solutions (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. 0.256 Cr | Rs. 0.297 Cr | Rs. 0.183 Cr | -38.38 % | -28.52 % |
| Expenses | Rs. 0.31 Cr | Rs. 0.48 Cr | Rs. 0.27 Cr | -43.75 % | -12.9 % |
| Operating Profit | Rs. -0.05 Cr | Rs. -0.18 Cr | Rs. -0.09 Cr | + 50 % | -80 % |
| Net Profit | Rs. -0.06 Cr | Rs. -0.12 Cr | Rs. -0.09 Cr | + 25 % | -50 % |
| EPS in Rs | Rs. -0.01 | Rs. -0.02 | Rs. -0.01 | + 50 % | + 0 % |
In reviewing Millennium Online Solutions (India) Ltd’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -28.52 % year-on-year, although there was a slight dip of -38.38 % from the previous quarter. Expenses decreased by -12.9 % compared to the previous year, with a decrease of -43.75 % quarter-on-quarter. Operating Profit dropped by -80 % annually, and saw a 50 % increase from the last quarter.
Net Profit showed yearly decrease of -50 %, and experienced a 25 % increase from the previous quarter. Earnings Per Share (EPS) rose by 0 % annually, however rose by 50 % compared to the last quarter. In essence, while Millennium Online Solutions (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.
54
3-Year Profit
42
5-Year Profit
51
10-Year Profit
176
Current Price
4,272
Market Cap
The company associated with BSE code 532406 presents a financial narrative of mixed fortunes. Over a five-year period, the company achieved a profit of 42 percents, which subsequently rose to 54 percents over the three years that followed. Yet, despite this initial growth, the company now faces a troubling trailing twelve-month (TTM) profit loss of 42 percents. What’s particularly striking is the company’s complete absence of reported sales across all analyzed periods, which brings into question the viability of its revenue generation strategies and long-term business sustainability. Moreover, stock prices have been highly volatile, reflecting the company’s uncertain future. While the stock was valued at 113 percents over the last five years, it has recently dropped to 63 percents, underscoring a rapid decline in market confidence. Over the longer ten-year period, the stock price was at 55 percents, illustrating a pattern of fluctuating performance that could pose risks for potential investors.
The company has a market capitalization of ₹4,272 crore and is currently trading at ₹176 per share. Historically, the stock has fluctuated within a range of ₹224 / 86.0, reflecting both the opportunities and risks that investors perceive in the company. The P/E ratio, at 72.7, is relatively high, suggesting that the market has priced in substantial future growth or is willing to pay a premium for the company’s current earnings. The book value per share stands at ₹8.09, which reflects the net asset value of the company divided by the number of outstanding shares. The dividend yield is 0.11%, providing shareholders with a consistent return on their investment. ROCE is 47.4%, indicating how well the company is using its capital to generate profits, while ROE at 38.7% highlights the returns generated from shareholders' equity. The debt-to-equity ratio is 0.09, signaling low financial leverage, which is typically seen as a positive indicator of financial health. However, the company’s negative net cash flow of ₹0.86 crore might raise concerns about its cash generation capabilities or capital expenditures. With a Piotroski score of 8.00, the company's financial stability is evaluated on several factors. Finally, the Graham Number, at ₹21.0, provides an estimate of the stock’s intrinsic value, while the Price-to-Book (P/B) ratio of 21.7 highlights that the stock is trading at a premium to its book value, potentially reflecting positive market sentiment or overvaluation risks.
