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Highlights
- The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 14 % in the past year, substantial increase in net sales/revenue by 48.29 %.
- 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 71.01 %. Marginal increase in other income during this quarter, up by 174.71%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Mtar Technologies Limited. Profit dropped by -8.24 % Year to Year, Mtar Technologies Limited’s profitability increased by 323.96 % in this quarter.
- EPS over the Year and quarter: EPS declined by -8.27 % Year to Year. EPS increased by 323.61 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 166.837 Cr | Rs. 128.26 Cr | Rs. 190.192 Cr | + 48.29 % | + 14 % |
Expenses | Rs. 130.74 Cr | Rs. 111.65 Cr | Rs. 153.37 Cr | + 37.37 % | + 17.31 % |
Operating Profit | Rs. 36.1 Cr | Rs. 16.61 Cr | Rs. 36.82 Cr | + 121.67 % | + 1.99 % |
OPM % | 21.64 % | 12.95 % | 19.36 % | + 6.41 % | -2.28 % |
Other Income | Rs. 0.845 Cr | Rs. 0.526 Cr | Rs. 1.445 Cr | + 174.71 % | + 71.01 % |
Interest | Rs. 5.47 Cr | Rs. 4.79 Cr | Rs. 5.18 Cr | + 8.14 % | -5.3 % |
Depreciation | Rs. 5.79 Cr | Rs. 6.14 Cr | Rs. 7.78 Cr | + 26.71 % | + 34.37 % |
Profit before tax | Rs. 25.69 Cr | Rs. 6.21 Cr | Rs. 25.31 Cr | + 307.57 % | -1.48 % |
Tax % | 20.35 % | 28.65 % | 25.83 % | -2.82 % | + 5.48 % |
Net Profit | Rs. 20.46 Cr | Rs. 4.43 Cr | Rs. 18.77 Cr | + 323.7 % | -8.26 % |
EPS in Rs | Rs. 6.65 | Rs. 1.44 | Rs. 6.1 | + 323.61 % | -8.27 % |
Today, we’re looking at Mtar Technologies Limited’s financial performance for the Q2(Sep 2024-25).Starting with the top line, the company reported a robust year-over-year sales growth of 14 %. However, it did see a marginal increase of 48.29 % from the previous quarter. Expenses ticked up slightly by 37.37 % quarter-on-quarter, aligning with the annual rise of 17.31 %. Operating profit, while up 1.99 % compared to last year, faced a quarter-on-quarter increase of 121.67 %, 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 -2.28 %, but an expansion of 6.41 % sequentially. Other income rose by 174.71 % compared to the last quarter, despite an annual growth of 71.01 %. Interest expenses surged remarkably by 8.14 % from the previous quarter, yet the year-over-year decrease remains at a moderate -5.3 %. Depreciation costs climbed by 26.71 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 34.37 %. Profit before tax declined annually by -1.48 % but saw an increase from the preceding quarter by 307.57 %.
Tax expenses as a percentage of profits increased slightly by 5.48 % compared to last year, with a more notable quarter-on-quarter decrease of -2.82 %. Net profit fell by -8.26 % year-on-year but experienced a 323.7 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -8.27 % but a quarterly rise of 323.61 %. In summary, Mtar Technologies 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. 166.837 Cr | Rs. 128.26 Cr | Rs. 190.192 Cr | + 48.29 % | + 14 % |
Expenses | Rs. 130.74 Cr | Rs. 111.65 Cr | Rs. 153.37 Cr | + 37.37 % | + 17.31 % |
Operating Profit | Rs. 36.1 Cr | Rs. 16.61 Cr | Rs. 36.82 Cr | + 121.67 % | + 1.99 % |
Net Profit | Rs. 20.46 Cr | Rs. 4.43 Cr | Rs. 18.77 Cr | + 323.7 % | -8.26 % |
EPS in Rs | Rs. 6.65 | Rs. 1.44 | Rs. 6.1 | + 323.61 % | -8.27 % |
In reviewing Mtar Technologies Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 14 % year-on-year growth, however, there was a minor increase of 48.29 % from the previous quarter. Expenses rose by 17.31 % compared to the previous year, with a 37.37 % increase quarter-on-quarter. Operating Profit surged by 1.99 % annually, and saw a 121.67 % increase from the last quarter.
Net Profit showed yearly decrease of -8.26 %, and experienced a 323.7 % increase from the previous quarter. Earnings Per Share (EPS) fell by -8.27 % annually, however rose by 323.61 % compared to the last quarter. In essence, while Mtar Technologies Limited 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.
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