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Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 13.54 % in the past year, decrease in net sales/revenue by -5.48 %.
- 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 28.16 %. Marginal increase in other income during this quarter, up by 18.92%.
- Profit over the Year and quarter: Significant improvement in profitability for Mindteck (India) Limited. Notable increase of 6.27 % in net profit Year to Year, Mindteck (India) Limited’s profitability increased by 14.25 % in this quarter.
- EPS over the Year and quarter: EPS declined by -15.24 % Year to Year. EPS decreased by -8.55 % 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. 34.5 Cr | Rs. 41.44 Cr | Rs. 39.17 Cr | -5.48 % | + 13.54 % |
Expenses | Rs. 28.79 Cr | Rs. 36.2 Cr | Rs. 33.51 Cr | -7.43 % | + 16.39 % |
Operating Profit | Rs. 5.71 Cr | Rs. 5.24 Cr | Rs. 5.66 Cr | + 8.02 % | -0.88 % |
OPM % | 16.55 % | 12.64 % | 14.45 % | + 1.81 % | -2.1 % |
Other Income | Rs. 1.03 Cr | Rs. 1.11 Cr | Rs. 1.32 Cr | + 18.92 % | + 28.16 % |
Interest | Rs. 0.12 Cr | Rs. 0.06 Cr | Rs. 0.03 Cr | -50 % | -75 % |
Depreciation | Rs. 1.07 Cr | Rs. 1.09 Cr | Rs. 1.09 Cr | + 0 % | + 1.87 % |
Profit before tax | Rs. 5.55 Cr | Rs. 5.2 Cr | Rs. 5.86 Cr | + 12.69 % | + 5.59 % |
Tax % | 25.23 % | 25.77 % | 24.74 % | -1.03 % | -0.49 % |
Net Profit | Rs. 4.15 Cr | Rs. 3.86 Cr | Rs. 4.41 Cr | + 14.25 % | + 6.27 % |
EPS in Rs | Rs. 1.64 | Rs. 1.5 | Rs. 1.37 | -8.67 % | -16.46 % |
Today, we’re looking at Mindteck (India) Limited’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 13.54 %. However, it did see a marginal slip of -5.48 % from the previous quarter. Expenses decreased slightly by -7.43 % quarter-on-quarter, aligning with the annual rise of 16.39 %. Operating profit, while down -0.88 % compared to last year, faced a quarter-on-quarter increase of 8.02 %, 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 -2.1 %, but an expansion of 1.81 % sequentially. Other income rose by 18.92 % compared to the last quarter, despite an annual growth of 28.16 %. Interest expenses dropped significantly by -50 % from the previous quarter, yet the year-over-year decrease remains at a moderate -75 %. Depreciation costs climbed by 0 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 1.87 %. Profit before tax grew annually by 5.59 % but saw an increase from the preceding quarter by 12.69 %.
Tax expenses as a percentage of profits decreased slightly by -0.49 % compared to last year, with a more notable quarter-on-quarter decrease of -1.03 %. Net profit rose by 6.27 % year-on-year but experienced a 14.25 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -16.46 % but a quarterly fall of -8.67 %. In summary, Mindteck (India) 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. 34.5 Cr | Rs. 41.44 Cr | Rs. 39.17 Cr | -5.48 % | + 13.54 % |
Expenses | Rs. 28.79 Cr | Rs. 36.2 Cr | Rs. 33.51 Cr | -7.43 % | + 16.39 % |
Operating Profit | Rs. 5.71 Cr | Rs. 5.24 Cr | Rs. 5.66 Cr | + 8.02 % | -0.88 % |
Net Profit | Rs. 4.15 Cr | Rs. 3.86 Cr | Rs. 4.41 Cr | + 14.25 % | + 6.27 % |
EPS in Rs | Rs. 1.64 | Rs. 1.5 | Rs. 1.37 | -8.67 % | -16.46 % |
In reviewing Mindteck (India) Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 13.54 % year-on-year growth, although there was a slight dip of -5.48 % from the previous quarter. Expenses rose by 16.39 % compared to the previous year, with a decrease of -7.43 % quarter-on-quarter. Operating Profit dropped by -0.88 % annually, and saw a 8.02 % increase from the last quarter.
Net Profit showed yearly increase of 6.27 %, and experienced a 14.25 % increase from the previous quarter. Earnings Per Share (EPS) fell by -16.46 % annually, however dipped by -8.67 % compared to the last quarter. In essence, while Mindteck (India) 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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