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Highlights
- Sales over the Year and quarter: The company’s sales declined by -6.6 % over the year, substantial increase in net sales/revenue by 5.8 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -99.3 %, Marginal decrease of -32.28% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Mukand Ltd.,. Profit dropped by -77.36 % Year to Year, Mukand Ltd.,’s profitability increased by 42.62 % in this quarter.
- EPS over the Year and quarter: EPS declined by -77.31 % Year to Year. EPS increased by 42.57 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 1346.17 Cr | Rs. 1188.4 Cr | Rs. 1257.38 Cr | + 5.8 % | -6.6 % |
| Expenses | Rs. 1715.46 Cr | Rs. 1124.96 Cr | Rs. 1173.09 Cr | + 4.28 % | -31.62 % |
| Operating Profit | Rs. -369.29 Cr | Rs. 63.44 Cr | Rs. 84.29 Cr | + 32.87 % | + 122.82 % |
| OPM % | -27.43 % | 5.34 % | 6.7 % | + 1.36 % | + 34.13 % |
| Other Income | Rs. 553.73 Cr | Rs. 5.7 Cr | Rs. 3.86 Cr | -32.28 % | -99.3 % |
| Interest | Rs. 36.47 Cr | Rs. 33.5 Cr | Rs. 31.54 Cr | -5.85 % | -13.52 % |
| Depreciation | Rs. 14.36 Cr | Rs. 12.11 Cr | Rs. 11.92 Cr | -1.57 % | -16.99 % |
| Profit before tax | Rs. 133.61 Cr | Rs. 23.53 Cr | Rs. 44.69 Cr | + 89.93 % | -66.55 % |
| Tax % | 0.55 % | 9.35 % | 31.93 % | + 22.58 % | + 31.38 % |
| Net Profit | Rs. 134.34 Cr | Rs. 21.33 Cr | Rs. 30.42 Cr | + 42.62 % | -77.36 % |
| EPS in Rs | Rs. 9.3 | Rs. 1.48 | Rs. 2.11 | + 42.57 % | -77.31 % |
Today, we’re looking at Mukand Ltd.,’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -6.6 %. However, it did see a marginal increase of 5.8 % from the previous quarter. Expenses ticked up slightly by 4.28 % quarter-on-quarter, aligning with the annual decline of -31.62 %. Operating profit, while up 122.82 % compared to last year, faced a quarter-on-quarter increase of 32.87 %, 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 34.13 %, but an expansion of 1.36 % sequentially. Other income fell by -32.28 % compared to the last quarter, despite an annual decline of -99.3 %. Interest expenses dropped significantly by -5.85 % from the previous quarter, yet the year-over-year decrease remains at a moderate -13.52 %. Depreciation costs fell by -1.57 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -16.99 %. Profit before tax declined annually by -66.55 % but saw an increase from the preceding quarter by 89.93 %.
Tax expenses as a percentage of profits increased slightly by 31.38 % compared to last year, with a more notable quarter-on-quarter increase of 22.58 %. Net profit fell by -77.36 % year-on-year but experienced a 42.62 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -77.31 % but a quarterly rise of 42.57 %. In summary, Mukand 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. 1346.17 Cr | Rs. 1188.4 Cr | Rs. 1257.38 Cr | + 5.8 % | -6.6 % |
| Expenses | Rs. 1715.46 Cr | Rs. 1124.96 Cr | Rs. 1173.09 Cr | + 4.28 % | -31.62 % |
| Operating Profit | Rs. -369.29 Cr | Rs. 63.44 Cr | Rs. 84.29 Cr | + 32.87 % | + 122.82 % |
| Net Profit | Rs. 134.34 Cr | Rs. 21.33 Cr | Rs. 30.42 Cr | + 42.62 % | -77.36 % |
| EPS in Rs | Rs. 9.3 | Rs. 1.48 | Rs. 2.11 | + 42.57 % | -77.31 % |
In reviewing Mukand Ltd.,’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -6.6 % year-on-year, however, there was a minor increase of 5.8 % from the previous quarter. Expenses decreased by -31.62 % compared to the previous year, with a 4.28 % increase quarter-on-quarter. Operating Profit surged by 122.82 % annually, and saw a 32.87 % increase from the last quarter.
Net Profit showed yearly decrease of -77.36 %, and experienced a 42.62 % increase from the previous quarter. Earnings Per Share (EPS) fell by -77.31 % annually, however rose by 42.57 % compared to the last quarter. In essence, while Mukand 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.
