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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 16.33 % in the past year, decrease in net sales/revenue by -4.83 %.
- 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 21.15 %. Marginal decrease of -7.13% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Morepen Laboratories Ltd.. Notable increase of 243.22 % in net profit Year to Year, Morepen Laboratories Ltd.’s profitability dropped by -11.59 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 237.50 % Year to Year. EPS decreased by -14.29 % in previous quarter. Analysis needed for shareholder value.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 363.685 Cr | Rs. 444.554 Cr | Rs. 423.074 Cr | -4.83 % | + 16.33 % |
Expenses | Rs. 348.13 Cr | Rs. 393.99 Cr | Rs. 374.69 Cr | -4.9 % | + 7.63 % |
Operating Profit | Rs. 15.56 Cr | Rs. 50.56 Cr | Rs. 48.38 Cr | -4.31 % | + 210.93 % |
OPM % | 4.28 % | 11.37 % | 11.44 % | + 0.07 % | + 7.16 % |
Other Income | Rs. 3.12 Cr | Rs. 4.07 Cr | Rs. 3.78 Cr | -7.13 % | + 21.15 % |
Interest | Rs. 0.56 Cr | Rs. 2.17 Cr | Rs. 0.8 Cr | -63.13 % | + 42.86 % |
Depreciation | Rs. 6.98 Cr | Rs. 8.45 Cr | Rs. 9.62 Cr | + 13.85 % | + 37.82 % |
Profit before tax | Rs. 11.14 Cr | Rs. 44.01 Cr | Rs. 41.74 Cr | -5.16 % | + 274.69 % |
Tax % | 26.02 % | 27.33 % | 31.9 % | + 4.57 % | + 5.88 % |
Net Profit | Rs. 8.24 Cr | Rs. 31.99 Cr | Rs. 28.28 Cr | -11.6 % | + 243.2 % |
EPS in Rs | Rs. 0.16 | Rs. 0.63 | Rs. 0.54 | -14.29 % | + 237.5 % |
Today, we’re looking at Morepen Laboratories Ltd.’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 16.33 %. However, it did see a marginal slip of -4.83 % from the previous quarter. Expenses decreased slightly by -4.9 % quarter-on-quarter, aligning with the annual rise of 7.63 %. Operating profit, while up 210.93 % compared to last year, faced a quarter-on-quarter dip of -4.31 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 7.16 %, but an expansion of 0.07 % sequentially. Other income fell by -7.13 % compared to the last quarter, despite an annual growth of 21.15 %. Interest expenses dropped significantly by -63.13 % from the previous quarter, yet the year-over-year increase remains at a moderate 42.86 %. Depreciation costs climbed by 13.85 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 37.82 %. Profit before tax grew annually by 274.69 % but saw a reduction from the preceding quarter by -5.16 %.
Tax expenses as a percentage of profits increased slightly by 5.88 % compared to last year, with a more notable quarter-on-quarter increase of 4.57 %. Net profit rose by 243.2 % year-on-year but witnessed a -11.6 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 237.5 % but a quarterly fall of -14.29 %. In summary, Morepen Laboratories 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. 363.685 Cr | Rs. 444.554 Cr | Rs. 423.074 Cr | -4.83 % | + 16.33 % |
Expenses | Rs. 348.13 Cr | Rs. 393.99 Cr | Rs. 374.69 Cr | -4.9 % | + 7.63 % |
Operating Profit | Rs. 15.56 Cr | Rs. 50.56 Cr | Rs. 48.38 Cr | -4.31 % | + 210.93 % |
Net Profit | Rs. 8.24 Cr | Rs. 31.99 Cr | Rs. 28.28 Cr | -11.6 % | + 243.2 % |
EPS in Rs | Rs. 0.16 | Rs. 0.63 | Rs. 0.54 | -14.29 % | + 237.5 % |
In reviewing Morepen Laboratories Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 16.33 % year-on-year growth, although there was a slight dip of -4.83 % from the previous quarter. Expenses rose by 7.63 % compared to the previous year, with a decrease of -4.9 % quarter-on-quarter. Operating Profit surged by 210.93 % annually, and saw a -4.31 % decrease from the last quarter.
Net Profit showed yearly increase of 243.2 %, and experienced a -11.6 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 237.5 % annually, however dipped by -14.29 % compared to the last quarter. In essence, while Morepen Laboratories Ltd. exhibits strong annual growth indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.