NIFTY 50 23344.75 ▲ (0.61%)
NIFTY NEXT 50 65106.15 ▲ (0.08%)
NIFTY 100 24048.8 ▲ (0.51%)
NIFTY MIDCAP 100 55106.2 ▲ (0.91%)
NIFTY SMALLCAP 100 17864.65 ▲ (1.09%)
NIFTY SMALLCAP 250 16841.4 ▲ (0.84%)
NIFTY MIDCAP SELECT 12356.5 ▲ (0.87%)
NIFTY TOTAL MARKET 12304.6 ▲ (0.6%)
NIFTY BANK 49350.8 ▲ (1.67%)
SENSEX 77073.44 ▲ (0.59%)
BSE BANKEX 56036.23 ▲ (2.03%)

Mohit Paper Mills : Q4 2024 Financial Quarterly Report : YoY Sales Down 20.63 %, QoQ Down 6.38 %

July 1, 2024July 1, 2024| adminadmin| 0 Comments| 3:50 pm
Image is loading
Categories:

Share the post "Mohit Paper Mills : Q4 2024 Financial Quarterly Report : YoY Sales Down 20.63 %, QoQ Down 6.38 %"

  • Facebook
  • LinkedIn
  • X
  • Tumblr
  • WhatsApp
  • TelegramTelegram
  • Email

Highlights

  • Sales over the Year and quarter: The company’s sales declined by -20.63 % over the year, decrease in net sales/revenue by -6.38 %.
  • 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 35.81 %. Marginal increase in other income during this quarter, up by 11.67%.
  • Profit over the Year and quarter: Challenges in sustaining profitability for Mohit Paper Mills Ltd.. Profit dropped by -62.48 % Year to Year, Mohit Paper Mills Ltd.’s profitability dropped by -69.28 % Quarter to Quarter.
  • EPS over the Year and quarter: EPS declined by -62.88 % Year to Year. EPS decreased by -69.57 % in previous quarter. Analysis needed for shareholder value.

The comprehensive analytics outlining the performance and outlook of Mohit Paper Mills Ltd.”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.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 57.371 Cr Rs. 48.642 Cr Rs. 45.538 Cr -6.38 % -20.63 %
Expenses Rs. 54.39 Cr Rs. 45.36 Cr Rs. 41.96 Cr -7.5 % -22.85 %
Operating Profit Rs. 2.98 Cr Rs. 3.28 Cr Rs. 3.58 Cr + 9.15 % + 20.13 %
OPM % 5.19 % 6.74 % 7.86 % + 1.12 % + 2.67 %
Other Income Rs. 1.48 Cr Rs. 1.8 Cr Rs. 2.01 Cr + 11.67 % + 35.81 %
Interest Rs. 0.84 Cr Rs. 1.28 Cr Rs. 1.21 Cr -5.47 % + 44.05 %
Depreciation Rs. 1.39 Cr Rs. 1.09 Cr Rs. 2.2 Cr + 101.83 % + 58.27 %
Profit before tax Rs. 2.23 Cr Rs. 2.71 Cr Rs. 2.18 Cr -19.56 % -2.24 %
Tax % 17.37 % 16.69 % 68.27 % + 51.58 % + 50.9 %
Net Profit Rs. 1.85 Cr Rs. 2.26 Cr Rs. 0.69 Cr -69.47 % -62.7 %
EPS in Rs Rs. 1.32 Rs. 1.61 Rs. 0.49 -69.57 % -62.88 %


Today, we’re looking at Mohit Paper Mills Ltd.’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -20.63 %. However, it did see a marginal slip of -6.38 % from the previous quarter. Expenses decreased slightly by -7.5 % quarter-on-quarter, aligning with the annual decline of -22.85 %. Operating profit, while up 20.13 % compared to last year, faced a quarter-on-quarter increase of 9.15 %, 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 2.67 %, but an expansion of 1.12 % sequentially. Other income rose by 11.67 % compared to the last quarter, despite an annual growth of 35.81 %. Interest expenses dropped significantly by -5.47 % from the previous quarter, yet the year-over-year increase remains at a moderate 44.05 %. Depreciation costs climbed by 101.83 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 58.27 %. Profit before tax declined annually by -2.24 % but saw a reduction from the preceding quarter by -19.56 %.
Tax expenses as a percentage of profits increased slightly by 50.9 % compared to last year, with a more notable quarter-on-quarter increase of 51.58 %. Net profit fell by -62.7 % year-on-year but witnessed a -69.47 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -62.88 % but a quarterly fall of -69.57 %. In summary, Mohit Paper Mills 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. 57.371 Cr Rs. 48.642 Cr Rs. 45.538 Cr -6.38 % -20.63 %
Expenses Rs. 54.39 Cr Rs. 45.36 Cr Rs. 41.96 Cr -7.5 % -22.85 %
Operating Profit Rs. 2.98 Cr Rs. 3.28 Cr Rs. 3.58 Cr + 9.15 % + 20.13 %
Net Profit Rs. 1.85 Cr Rs. 2.26 Cr Rs. 0.69 Cr -69.47 % -62.7 %
EPS in Rs Rs. 1.32 Rs. 1.61 Rs. 0.49 -69.57 % -62.88 %


In reviewing Mohit Paper Mills Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -20.63 % year-on-year, although there was a slight dip of -6.38 % from the previous quarter. Expenses decreased by -22.85 % compared to the previous year, with a decrease of -7.5 % quarter-on-quarter. Operating Profit surged by 20.13 % annually, and saw a 9.15 % increase from the last quarter.
Net Profit showed yearly decrease of -62.7 %, and experienced a -69.47 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -62.88 % annually, however dipped by -69.57 % compared to the last quarter. In essence, while Mohit Paper Mills 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.

[my_shortcode1 values=”Mohit Paper Mills “]

Related Post