MODERN ENGINEERING AND PROJECTS : Q4 2024 Financial Quarterly Report : YoY Sales Down 39.75 %, QoQ Up 105.16 %

The comprehensive analytics outlining the performance and outlook of MODERN ENGINEERING AND PROJECTS 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.

Today, we’re looking at MODERN ENGINEERING AND PROJECTS 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 -39.75 %. However, it did see a marginal increase of 105.16 % from the previous quarter. Expenses ticked up slightly by 89.79 % quarter-on-quarter, aligning with the annual decline of -47.02 %. Operating profit, while up 1163.64 % compared to last year, faced a quarter-on-quarter increase of 444.19 %, 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 12.14 %, but an expansion of 7.16 % sequentially. Interest expenses surged remarkably by 250 % from the previous quarter, yet the year-over-year increase remains at a moderate 337.5 %. Depreciation costs climbed by 13.85 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 37.04 %. Profit before tax grew annually by 486.02 % but saw an increase from the preceding quarter by 3163.64 %.
Tax expenses as a percentage of profits increased slightly by 60.8 % compared to last year, with a more notable quarter-on-quarter decrease of -34.19 %. Net profit rose by 285.23 % year-on-year but experienced a 16200 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 284.86 % but a quarterly rise of 13025 %. In summary, MODERN ENGINEERING AND PROJECTS LIMITED’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

In reviewing MODERN ENGINEERING AND PROJECTS LIMITED’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -39.75 % year-on-year, however, there was a minor increase of 105.16 % from the previous quarter. Expenses decreased by -47.02 % compared to the previous year, with a 89.79 % increase quarter-on-quarter. Operating Profit surged by 1163.64 % annually, and saw a 444.19 % increase from the last quarter.
Net Profit showed yearly increase of 285.23 %, and experienced a 16200 % increase from the previous quarter. Earnings Per Share (EPS) rose by 284.86 % annually, however rose by 13025 % compared to the last quarter. In essence, while MODERN ENGINEERING AND PROJECTS 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.