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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’s sales declined by -2.23 % over the year, decrease in net sales/revenue by -29.79 %.
- 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 3.36 %. Marginal increase in other income during this quarter, up by 59.42%.
- Profit over the Year and quarter: Significant improvement in profitability for Mohit Paper Mills Ltd.. Notable increase of 32.18 % in net profit Year to Year, Mohit Paper Mills Ltd.’s profitability increased by 32.68 % in this quarter.
- EPS over the Year and quarter: EPS increased by 31.58 % Year to Year. EPS increased by 32.74 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 35.103 Cr | Rs. 48.884 Cr | Rs. 34.32 Cr | -29.79 % | -2.23 % |
Expenses | Rs. 32.75 Cr | Rs. 44.98 Cr | Rs. 29.67 Cr | -34.04 % | -9.4 % |
Operating Profit | Rs. 2.35 Cr | Rs. 3.9 Cr | Rs. 4.65 Cr | + 19.23 % | + 97.87 % |
OPM % | 6.69 % | 7.98 % | 13.55 % | + 5.57 % | + 6.86 % |
Other Income | Rs. 1.49 Cr | Rs. 0.966 Cr | Rs. 1.54 Cr | + 59.42 % | + 3.36 % |
Interest | Rs. 0.69 Cr | Rs. 1.06 Cr | Rs. 1.96 Cr | + 84.91 % | + 184.06 % |
Depreciation | Rs. 1.24 Cr | Rs. 1.62 Cr | Rs. 1.96 Cr | + 20.99 % | + 58.06 % |
Profit before tax | Rs. 1.91 Cr | Rs. 2.19 Cr | Rs. 2.27 Cr | + 3.65 % | + 18.85 % |
Tax % | 16.7 % | 27.82 % | 7.52 % | -20.3 % | -9.18 % |
Net Profit | Rs. 1.59 Cr | Rs. 1.59 Cr | Rs. 2.1 Cr | + 32.08 % | + 32.08 % |
EPS in Rs | Rs. 1.14 | Rs. 1.13 | Rs. 1.5 | + 32.74 % | + 31.58 % |
Today, we’re looking at Mohit Paper Mills Ltd.’s financial performance for the Q2(Sep 2024-25).Starting with the top line, the company reported a significant year-over-year sales decline of -2.23 %. However, it did see a marginal slip of -29.79 % from the previous quarter. Expenses decreased slightly by -34.04 % quarter-on-quarter, aligning with the annual decline of -9.4 %. Operating profit, while up 97.87 % compared to last year, faced a quarter-on-quarter increase of 19.23 %, 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 6.86 %, but an expansion of 5.57 % sequentially. Other income rose by 59.42 % compared to the last quarter, despite an annual growth of 3.36 %. Interest expenses surged remarkably by 84.91 % from the previous quarter, yet the year-over-year increase remains at a moderate 184.06 %. Depreciation costs climbed by 20.99 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 58.06 %. Profit before tax grew annually by 18.85 % but saw an increase from the preceding quarter by 3.65 %.
Tax expenses as a percentage of profits decreased slightly by -9.18 % compared to last year, with a more notable quarter-on-quarter decrease of -20.3 %. Net profit rose by 32.08 % year-on-year but experienced a 32.08 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 31.58 % but a quarterly rise of 32.74 %. 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. 35.103 Cr | Rs. 48.884 Cr | Rs. 34.32 Cr | -29.79 % | -2.23 % |
Expenses | Rs. 32.75 Cr | Rs. 44.98 Cr | Rs. 29.67 Cr | -34.04 % | -9.4 % |
Operating Profit | Rs. 2.35 Cr | Rs. 3.9 Cr | Rs. 4.65 Cr | + 19.23 % | + 97.87 % |
Net Profit | Rs. 1.59 Cr | Rs. 1.59 Cr | Rs. 2.1 Cr | + 32.08 % | + 32.08 % |
EPS in Rs | Rs. 1.14 | Rs. 1.13 | Rs. 1.5 | + 32.74 % | + 31.58 % |
In reviewing Mohit Paper Mills Ltd.’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -2.23 % year-on-year, although there was a slight dip of -29.79 % from the previous quarter. Expenses decreased by -9.4 % compared to the previous year, with a decrease of -34.04 % quarter-on-quarter. Operating Profit surged by 97.87 % annually, and saw a 19.23 % increase from the last quarter.
Net Profit showed yearly increase of 32.08 %, and experienced a 32.08 % increase from the previous quarter. Earnings Per Share (EPS) rose by 31.58 % annually, however rose by 32.74 % compared to the last quarter. In essence, while Mohit Paper Mills 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.
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