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Highlights
- Sales over the Year and quarter: The company’s sales declined by -2.85 % over the year, substantial increase in net sales/revenue by 35.77 %.
- 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 19.9 %. Marginal increase in other income during this quarter, up by 2.39%.
- Profit over the Year and quarter: Significant improvement in profitability for MOIL Limited. Notable increase of 12.6 % in net profit Year to Year, MOIL Limited’s profitability increased by 68.49 % in this quarter.
- EPS over the Year and quarter: EPS increased by 12.56 % Year to Year. EPS increased by 68.42 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 428.063 Cr | Rs. 306.306 Cr | Rs. 415.876 Cr | + 35.77 % | -2.85 % |
Expenses | Rs. 295.55 Cr | Rs. 216.87 Cr | Rs. 287.63 Cr | + 32.63 % | -2.68 % |
Operating Profit | Rs. 132.51 Cr | Rs. 89.44 Cr | Rs. 128.25 Cr | + 43.39 % | -3.21 % |
OPM % | 30.96 % | 29.2 % | 30.84 % | + 1.64 % | -0.12 % |
Other Income | Rs. 20 Cr | Rs. 23.42 Cr | Rs. 23.98 Cr | + 2.39 % | + 19.9 % |
Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Depreciation | Rs. 31.47 Cr | Rs. 36.51 Cr | Rs. 39.27 Cr | + 7.56 % | + 24.79 % |
Profit before tax | Rs. 121.04 Cr | Rs. 76.35 Cr | Rs. 112.96 Cr | + 47.95 % | -6.68 % |
Tax % | 33.12 % | 29.15 % | 19.31 % | -9.84 % | -13.81 % |
Net Profit | Rs. 80.95 Cr | Rs. 54.1 Cr | Rs. 91.15 Cr | + 68.48 % | + 12.6 % |
EPS in Rs | Rs. 3.98 | Rs. 2.66 | Rs. 4.48 | + 68.42 % | + 12.56 % |
Today, we’re looking at MOIL 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 -2.85 %. However, it did see a marginal increase of 35.77 % from the previous quarter. Expenses ticked up slightly by 32.63 % quarter-on-quarter, aligning with the annual decline of -2.68 %. Operating profit, while down -3.21 % compared to last year, faced a quarter-on-quarter increase of 43.39 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -0.12 %, but an expansion of 1.64 % sequentially. Other income rose by 2.39 % compared to the last quarter, despite an annual growth of 19.9 %. Depreciation costs climbed by 7.56 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 24.79 %. Profit before tax declined annually by -6.68 % but saw an increase from the preceding quarter by 47.95 %.
Tax expenses as a percentage of profits decreased slightly by -13.81 % compared to last year, with a more notable quarter-on-quarter decrease of -9.84 %. Net profit rose by 12.6 % year-on-year but experienced a 68.48 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 12.56 % but a quarterly rise of 68.42 %. In summary, MOIL 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. 428.063 Cr | Rs. 306.306 Cr | Rs. 415.876 Cr | + 35.77 % | -2.85 % |
Expenses | Rs. 295.55 Cr | Rs. 216.87 Cr | Rs. 287.63 Cr | + 32.63 % | -2.68 % |
Operating Profit | Rs. 132.51 Cr | Rs. 89.44 Cr | Rs. 128.25 Cr | + 43.39 % | -3.21 % |
Net Profit | Rs. 80.95 Cr | Rs. 54.1 Cr | Rs. 91.15 Cr | + 68.48 % | + 12.6 % |
EPS in Rs | Rs. 3.98 | Rs. 2.66 | Rs. 4.48 | + 68.42 % | + 12.56 % |
In reviewing MOIL Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -2.85 % year-on-year, however, there was a minor increase of 35.77 % from the previous quarter. Expenses decreased by -2.68 % compared to the previous year, with a 32.63 % increase quarter-on-quarter. Operating Profit dropped by -3.21 % annually, and saw a 43.39 % increase from the last quarter.
Net Profit showed yearly increase of 12.6 %, and experienced a 68.48 % increase from the previous quarter. Earnings Per Share (EPS) rose by 12.56 % annually, however rose by 68.42 % compared to the last quarter. In essence, while MOIL 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.