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Monarch Networth Capital : Q1 2024 Financial Quarterly Report : YoY Sales Up 103.05 %, QoQ Up 23.07 %

July 16, 2024July 16, 2024| adminadmin| 0 Comments| 12:15 pm
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Highlights

  • Sales over the Year and quarter: The company experienced a substantial growth of 103.05 % in the past year, substantial increase in net sales/revenue by 23.07 %.
  • Income over the Year and quarter: There has been decline in other income over the past year which is -4.72 %, Marginal decrease of -86.11% in other income during this quarter.
  • Profit over the Year and quarter: Significant improvement in profitability for Monarch Networth Capital Limited. Notable increase of 135.15 % in net profit Year to Year, Monarch Networth Capital Limited’s profitability increased by 31.16 % in this quarter.
  • EPS over the Year and quarter: EPS increased by 135.19 % Year to Year. EPS increased by 31.15 % in previous quarter. Positive impact on shareholders.

The comprehensive analytics outlining the performance and outlook of Monarch Networth Capital 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.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 41.345 Cr Rs. 68.215 Cr Rs. 83.949 Cr + 23.07 % + 103.05 %
Expenses Rs. 19.64 Cr Rs. 29.98 Cr Rs. 27.68 Cr -7.67 % + 40.94 %
Operating Profit Rs. 21.71 Cr Rs. 38.24 Cr Rs. 56.27 Cr + 47.15 % + 159.19 %
OPM % 52.51 % 56.06 % 67.03 % + 10.97 % + 14.52 %
Other Income Rs. 1.06 Cr Rs. 7.27 Cr Rs. 1.01 Cr -86.11 % -4.72 %
Interest Rs. 1.38 Cr Rs. 4.96 Cr Rs. 5.43 Cr + 9.48 % + 293.48 %
Depreciation Rs. 0.34 Cr Rs. 0.51 Cr Rs. 0.51 Cr + 0 % + 50 %
Profit before tax Rs. 21.05 Cr Rs. 40.04 Cr Rs. 51.34 Cr + 28.22 % + 143.9 %
Tax % 19.02 % 23.72 % 21.92 % -1.8 % + 2.9 %
Net Profit Rs. 17.03 Cr Rs. 30.54 Cr Rs. 40.06 Cr + 31.17 % + 135.23 %
EPS in Rs Rs. 5.03 Rs. 9.02 Rs. 11.83 + 31.15 % + 135.19 %


Today, we’re looking at Monarch Networth Capital Limited’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 103.05 %. However, it did see a marginal increase of 23.07 % from the previous quarter. Expenses decreased slightly by -7.67 % quarter-on-quarter, aligning with the annual rise of 40.94 %. Operating profit, while up 159.19 % compared to last year, faced a quarter-on-quarter increase of 47.15 %, 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 14.52 %, but an expansion of 10.97 % sequentially. Other income fell by -86.11 % compared to the last quarter, despite an annual decline of -4.72 %. Interest expenses surged remarkably by 9.48 % from the previous quarter, yet the year-over-year increase remains at a moderate 293.48 %. Depreciation costs climbed by 0 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 50 %. Profit before tax grew annually by 143.9 % but saw an increase from the preceding quarter by 28.22 %.
Tax expenses as a percentage of profits increased slightly by 2.9 % compared to last year, with a more notable quarter-on-quarter decrease of -1.8 %. Net profit rose by 135.23 % year-on-year but experienced a 31.17 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 135.19 % but a quarterly rise of 31.15 %. In summary, Monarch Networth Capital 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. 41.345 Cr Rs. 68.215 Cr Rs. 83.949 Cr + 23.07 % + 103.05 %
Expenses Rs. 19.64 Cr Rs. 29.98 Cr Rs. 27.68 Cr -7.67 % + 40.94 %
Operating Profit Rs. 21.71 Cr Rs. 38.24 Cr Rs. 56.27 Cr + 47.15 % + 159.19 %
Net Profit Rs. 17.03 Cr Rs. 30.54 Cr Rs. 40.06 Cr + 31.17 % + 135.23 %
EPS in Rs Rs. 5.03 Rs. 9.02 Rs. 11.83 + 31.15 % + 135.19 %


In reviewing Monarch Networth Capital Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 103.05 % year-on-year growth, however, there was a minor increase of 23.07 % from the previous quarter. Expenses rose by 40.94 % compared to the previous year, with a decrease of -7.67 % quarter-on-quarter. Operating Profit surged by 159.19 % annually, and saw a 47.15 % increase from the last quarter.
Net Profit showed yearly increase of 135.23 %, and experienced a 31.17 % increase from the previous quarter. Earnings Per Share (EPS) rose by 135.19 % annually, however rose by 31.15 % compared to the last quarter. In essence, while Monarch Networth Capital 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.

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