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Highlights
- Sales over the Year and quarter: The company’s sales declined by -12.92 % over the year, decrease in net sales/revenue by -13.22 %.
- Income over the Year and quarter:
- Profit over the Year and quarter: Challenges in sustaining profitability for Mitshi India Limited. Profit dropped by -205.21 % Year to Year, Mitshi India Limited’s profitability dropped by -2448.65 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -203.19 % Year to Year. EPS decreased by -2525 % 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. 3.421 Cr | Rs. 3.433 Cr | Rs. 2.979 Cr | -13.22 % | -12.92 % |
Expenses | Rs. 3.82 Cr | Rs. 3.38 Cr | Rs. 4.16 Cr | + 23.08 % | + 8.9 % |
Operating Profit | Rs. -0.4 Cr | Rs. 0.05 Cr | Rs. -1.18 Cr | -2460 % | -195 % |
OPM % | -11.69 % | 1.46 % | -39.61 % | -41.07 % | -27.92 % |
Other Income | Rs. 0.01 Cr | Rs. 0 Cr | Rs. -0 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. -0.39 Cr | Rs. 0.05 Cr | Rs. -1.18 Cr | -2460 % | -202.56 % |
Tax % | 17.81 % | 26 % | -26.36 % | -52.36 % | -44.17 % |
Net Profit | Rs. 0.83 Cr | Rs. 0.04 Cr | Rs. -0.87 Cr | -2275 % | -204.82 % |
EPS in Rs | Rs. 0.94 | Rs. 0.04 | Rs. -0.97 | -2525 % | -203.19 % |
Today, we’re looking at Mitshi India Limited’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -12.92 %. However, it did see a marginal slip of -13.22 % from the previous quarter. Expenses ticked up slightly by 23.08 % quarter-on-quarter, aligning with the annual rise of 8.9 %. Operating profit, while down -195 % compared to last year, faced a quarter-on-quarter dip of -2460 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -27.92 %, but a shrinkage of -41.07 % sequentially. Profit before tax declined annually by -202.56 % but saw a reduction from the preceding quarter by -2460 %.
Tax expenses as a percentage of profits decreased slightly by -44.17 % compared to last year, with a more notable quarter-on-quarter decrease of -52.36 %. Net profit fell by -204.82 % year-on-year but witnessed a -2275 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -203.19 % but a quarterly fall of -2525 %. In summary, Mitshi 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. 3.421 Cr | Rs. 3.433 Cr | Rs. 2.979 Cr | -13.22 % | -12.92 % |
Expenses | Rs. 3.82 Cr | Rs. 3.38 Cr | Rs. 4.16 Cr | + 23.08 % | + 8.9 % |
Operating Profit | Rs. -0.4 Cr | Rs. 0.05 Cr | Rs. -1.18 Cr | -2460 % | -195 % |
Net Profit | Rs. 0.83 Cr | Rs. 0.04 Cr | Rs. -0.87 Cr | -2275 % | -204.82 % |
EPS in Rs | Rs. 0.94 | Rs. 0.04 | Rs. -0.97 | -2525 % | -203.19 % |
In reviewing Mitshi India Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -12.92 % year-on-year, although there was a slight dip of -13.22 % from the previous quarter. Expenses rose by 8.9 % compared to the previous year, with a 23.08 % increase quarter-on-quarter. Operating Profit dropped by -195 % annually, and saw a -2460 % decrease from the last quarter.
Net Profit showed yearly decrease of -204.82 %, and experienced a -2275 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -203.19 % annually, however dipped by -2525 % compared to the last quarter. In essence, while Mitshi India Limited faces strong annual decline indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.