Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 37.31 % in the past year, substantial increase in net sales/revenue by 19.97 %.
- 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 50 %. Marginal increase in other income during this quarter, up by 63.64%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Mukat Pipes Limited. Profit dropped by -62.73 % Year to Year, Mukat Pipes Limited’s profitability dropped by -48.75 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -66.67 % Year to Year. EPS decreased by -57.14 % 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. 1.501 Cr | Rs. 1.718 Cr | Rs. 2.061 Cr | + 19.97 % | + 37.31 % |
| Expenses | Rs. 1.44 Cr | Rs. 1.68 Cr | Rs. 2.13 Cr | + 26.79 % | + 47.92 % |
| Operating Profit | Rs. 0.06 Cr | Rs. 0.04 Cr | Rs. -0.07 Cr | -275 % | -216.67 % |
| OPM % | 4 % | 2.33 % | -3.4 % | -5.73 % | -7.4 % |
| Other Income | Rs. 0.12 Cr | Rs. 0.11 Cr | Rs. 0.18 Cr | + 63.64 % | + 50 % |
| Interest | Rs. 0.04 Cr | Rs. 0.04 Cr | Rs. 0.04 Cr | + 0 % | + 0 % |
| Depreciation | Rs. 0.03 Cr | Rs. 0.03 Cr | Rs. 0.03 Cr | + 0 % | + 0 % |
| Profit before tax | Rs. 0.11 Cr | Rs. 0.08 Cr | Rs. 0.04 Cr | -50 % | -63.64 % |
| Tax % | 0 % | 0 % | 0 % | 0 % | 0 % |
| Net Profit | Rs. 0.11 Cr | Rs. 0.08 Cr | Rs. 0.04 Cr | -50 % | -63.64 % |
| EPS in Rs | Rs. 0.09 | Rs. 0.07 | Rs. 0.03 | -57.14 % | -66.67 % |
Today, we’re looking at Mukat Pipes Limited’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 37.31 %. However, it did see a marginal increase of 19.97 % from the previous quarter. Expenses ticked up slightly by 26.79 % quarter-on-quarter, aligning with the annual rise of 47.92 %. Operating profit, while down -216.67 % compared to last year, faced a quarter-on-quarter dip of -275 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -7.4 %, but a shrinkage of -5.73 % sequentially. Other income rose by 63.64 % compared to the last quarter, despite an annual growth of 50 %. Interest expenses surged remarkably by 0 % from the previous quarter, yet the year-over-year increase remains at a moderate 0 %. Depreciation costs climbed by 0 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0 %. Profit before tax declined annually by -63.64 % but saw a reduction from the preceding quarter by -50 %.
Net profit fell by -63.64 % year-on-year but witnessed a -50 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -66.67 % but a quarterly fall of -57.14 %. In summary, Mukat Pipes 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. 1.501 Cr | Rs. 1.718 Cr | Rs. 2.061 Cr | + 19.97 % | + 37.31 % |
| Expenses | Rs. 1.44 Cr | Rs. 1.68 Cr | Rs. 2.13 Cr | + 26.79 % | + 47.92 % |
| Operating Profit | Rs. 0.06 Cr | Rs. 0.04 Cr | Rs. -0.07 Cr | -275 % | -216.67 % |
| Net Profit | Rs. 0.11 Cr | Rs. 0.08 Cr | Rs. 0.04 Cr | -50 % | -63.64 % |
| EPS in Rs | Rs. 0.09 | Rs. 0.07 | Rs. 0.03 | -57.14 % | -66.67 % |
In reviewing Mukat Pipes Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 37.31 % year-on-year growth, however, there was a minor increase of 19.97 % from the previous quarter. Expenses rose by 47.92 % compared to the previous year, with a 26.79 % increase quarter-on-quarter. Operating Profit dropped by -216.67 % annually, and saw a -275 % decrease from the last quarter.
Net Profit showed yearly decrease of -63.64 %, and experienced a -50 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -66.67 % annually, however dipped by -57.14 % compared to the last quarter. In essence, while Mukat Pipes Limited faces strong annual decline indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.
