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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 35.43% in the past year Decrease in net sales/revenue by -5.42%
- 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 13.48%Marginal increase in other income during this quarter, up by 21.82%.
- Profit over the Year and quarter: Significant improvement in profitability for Multi Commodity Exchange of India Ltd. Notable increase of 1,512.29% in net profit Year to YearMulti Commodity Exchange of India Ltd’s profitability dropped by -1,742.43% Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 1,510.28% Year to Year.EPS decreased by -1,740.95%. Analysis needed for shareholder value.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 133.75 Cr | Rs. 191.53 Cr | Rs. 181.14 Cr | -5.42% | + 35.43% |
Expenses | Rs. 131.68 Cr | Rs. 211.23 Cr | Rs. 79.12 Cr | -62.54% | -39.91% |
Operating Profit | Rs. 2.07 Cr | Rs. -19.7 Cr | Rs. 102.02 Cr | + 617.87% | + 4828.5% |
OPM % | 1.55 % | -10.29 % | 56.32 % | + 66.61% | + 54.77% |
Other Income | Rs. 17.81 Cr | Rs. 16.59 Cr | Rs. 20.21 Cr | + 21.82% | + 13.48% |
Interest | Rs. 0.08 Cr | Rs. 0.05 Cr | Rs. 0.06 Cr | + 20% | -25% |
Depreciation | Rs. 5.79 Cr | Rs. 11.25 Cr | Rs. 13.78 Cr | + 22.49% | + 138% |
Profit before tax | Rs. 14.01 Cr | Rs. -14.41 Cr | Rs. 108.39 Cr | + 852.19% | + 673.66% |
Tax % | 52.58 % | -68.27 % | 19.27 % | + 87.54% | -33.31% |
Net Profit | Rs. 5.45 Cr | Rs. -5.35 Cr | Rs. 87.87 Cr | + 1742.43% | + 1512.29% |
EPS in Rs | Rs. 1.07 | Rs. -1.05 | Rs. 17.23 | + 1740.95% | + 1510.28% |
Today, we’re looking at Multi Commodity Exchange of India 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 35.43%. However, it did see a marginal slip of -5.42% from the previous quarter.Expenses decreased slightly by -62.54% quarter-on-quarter, aligning with the annual decline of -39.91%. Operating profit, while up 4828.5% compared to last year, faced a quarter-on-quarter increase of 617.87%, 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 54.77%, but an expansion of 66.61% sequentially. Other income rose by 21.82% compared to the last quarter,despite an annual growth of 13.48%. Interest expenses surged remarkably by 20% from the previous quarter, yet the year-over-year decrease remains at a moderate -25%. Depreciation costs climbed by 22.49% quarter-on-quarter, whereas on an annual scale, they saw an increase of 138%. Profit before tax grew annually by 673.66% but saw an increase from the preceding quarter by 852.19%.
Tax expenses as a percentage of profits decreased slightly by -33.31% compared to last year, with a more notable quarter-on-quarter increase of 87.54%. Net profit rose by 1512.29% year-on-year but experienced a 1742.43% expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 1510.28% but a quarterly rise of 1740.95%. In summary, Multi Commodity Exchange of India 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. 133.75 Cr | Rs. 191.53 Cr | Rs. 181.14 Cr | -5.42% | + 35.43% |
Expenses | Rs. 131.68 Cr | Rs. 211.23 Cr | Rs. 79.12 Cr | -62.54% | -39.91% |
Operating Profit | Rs. 2.07 Cr | Rs. -19.7 Cr | Rs. 102.02 Cr | + 617.87% | + 4828.5% |
Net Profit | Rs. 5.45 Cr | Rs. -5.35 Cr | Rs. 87.87 Cr | + 1742.43% | + 1512.29% |
EPS in Rs | Rs. 1.07 | Rs. -1.05 | Rs. 17.23 | + 1740.95% | + 1510.28% |
In reviewing Multi Commodity Exchange of India Ltd’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 13.62% year-on-year growth, although there was a slight dip of -5.42% from the previous quarter.Expenses decreased by -39.91% compared to the previous year, with a decrease of -62.54% quarter-on-quarter. Operating Profit surged by 4828.5% annually, and saw a 617.87% increase from the last quarter.
Net Profit showed yearly increase of 1512.29%, and experienced a 1742.43% increase from the previous quarter. Earnings Per Share (EPS) rose by 1510.28% annually, however rose by 1740.95% compared to the last quarter. In essence, while Multi Commodity Exchange of India 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.