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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 21.26 % in the past year, decrease in net sales/revenue by -1.67 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -42.62 %, Marginal decrease of -41.67% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Modern Dairies Ltd.. Notable increase of 142.56 % in net profit Year to Year, Modern Dairies Ltd.’s profitability increased by 40.27 % in this quarter.
- EPS over the Year and quarter: EPS increased by 142.86 % Year to Year. EPS increased by 40.21 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 80.678 Cr | Rs. 99.49 Cr | Rs. 97.829 Cr | -1.67 % | + 21.26 % |
Expenses | Rs. 76.23 Cr | Rs. 93.76 Cr | Rs. 90.36 Cr | -3.63 % | + 18.54 % |
Operating Profit | Rs. 4.45 Cr | Rs. 5.73 Cr | Rs. 7.47 Cr | + 30.37 % | + 67.87 % |
OPM % | 5.52 % | 5.76 % | 7.64 % | + 1.88 % | + 2.12 % |
Other Income | Rs. 0.61 Cr | Rs. 0.6 Cr | Rs. 0.35 Cr | -41.67 % | -42.62 % |
Interest | Rs. 1.56 Cr | Rs. 0.76 Cr | Rs. 0.69 Cr | -9.21 % | -55.77 % |
Depreciation | Rs. 0.86 Cr | Rs. 1.04 Cr | Rs. 0.76 Cr | -26.92 % | -11.63 % |
Profit before tax | Rs. 2.64 Cr | Rs. 4.53 Cr | Rs. 6.37 Cr | + 40.62 % | + 141.29 % |
Tax % | 0 % | 0 % | 0 % | 0 % | 0 % |
Net Profit | Rs. 2.62 Cr | Rs. 4.52 Cr | Rs. 6.34 Cr | + 40.27 % | + 141.98 % |
EPS in Rs | Rs. 1.12 | Rs. 1.94 | Rs. 2.72 | + 40.21 % | + 142.86 % |
Today, we’re looking at Modern Dairies Ltd.’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 21.26 %. However, it did see a marginal slip of -1.67 % from the previous quarter. Expenses decreased slightly by -3.63 % quarter-on-quarter, aligning with the annual rise of 18.54 %. Operating profit, while up 67.87 % compared to last year, faced a quarter-on-quarter increase of 30.37 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 2.12 %, but an expansion of 1.88 % sequentially. Other income fell by -41.67 % compared to the last quarter, despite an annual decline of -42.62 %. Interest expenses dropped significantly by -9.21 % from the previous quarter, yet the year-over-year decrease remains at a moderate -55.77 %. Depreciation costs fell by -26.92 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -11.63 %. Profit before tax grew annually by 141.29 % but saw an increase from the preceding quarter by 40.62 %.
Net profit rose by 141.98 % year-on-year but experienced a 40.27 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 142.86 % but a quarterly rise of 40.21 %. In summary, Modern Dairies 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. 80.678 Cr | Rs. 99.49 Cr | Rs. 97.829 Cr | -1.67 % | + 21.26 % |
Expenses | Rs. 76.23 Cr | Rs. 93.76 Cr | Rs. 90.36 Cr | -3.63 % | + 18.54 % |
Operating Profit | Rs. 4.45 Cr | Rs. 5.73 Cr | Rs. 7.47 Cr | + 30.37 % | + 67.87 % |
Net Profit | Rs. 2.62 Cr | Rs. 4.52 Cr | Rs. 6.34 Cr | + 40.27 % | + 141.98 % |
EPS in Rs | Rs. 1.12 | Rs. 1.94 | Rs. 2.72 | + 40.21 % | + 142.86 % |
In reviewing Modern Dairies Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 21.26 % year-on-year growth, although there was a slight dip of -1.67 % from the previous quarter. Expenses rose by 18.54 % compared to the previous year, with a decrease of -3.63 % quarter-on-quarter. Operating Profit surged by 67.87 % annually, and saw a 30.37 % increase from the last quarter.
Net Profit showed yearly increase of 141.98 %, and experienced a 40.27 % increase from the previous quarter. Earnings Per Share (EPS) rose by 142.86 % annually, however rose by 40.21 % compared to the last quarter. In essence, while Modern Dairies Ltd. 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.