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Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 6.36 % in the past year, substantial increase in net sales/revenue by 31.25 %.
- 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 16.02 %. Marginal decrease of -21.03% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Multibase India Ltd. Notable increase of 61.04 % in net profit Year to Year, Multibase India Ltd’s profitability dropped by -0.56 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 61.14 % Year to Year. EPS decreased by -0.64 % 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. 18.08 Cr | Rs. 14.651 Cr | Rs. 19.229 Cr | + 31.25 % | + 6.36 % |
| Expenses | Rs. 16.16 Cr | Rs. 11.48 Cr | Rs. 15.64 Cr | + 36.24 % | -3.22 % |
| Operating Profit | Rs. 1.92 Cr | Rs. 3.17 Cr | Rs. 3.59 Cr | + 13.25 % | + 86.98 % |
| OPM % | 10.62 % | 21.64 % | 18.67 % | -2.97 % | + 8.05 % |
| Other Income | Rs. 1.667 Cr | Rs. 2.449 Cr | Rs. 1.934 Cr | -21.03 % | + 16.02 % |
| Interest | Rs. 0.02 Cr | Rs. 0.08 Cr | Rs. 0 Cr | 0 % | 0 % |
| Depreciation | Rs. 0.31 Cr | Rs. 0.26 Cr | Rs. 0.27 Cr | + 3.85 % | -12.9 % |
| Profit before tax | Rs. 3.26 Cr | Rs. 5.28 Cr | Rs. 5.25 Cr | -0.57 % | + 61.04 % |
| Tax % | 25.33 % | 25.34 % | 25.4 % | + 0.06 % | + 0.07 % |
| Net Profit | Rs. 2.44 Cr | Rs. 3.95 Cr | Rs. 3.92 Cr | -0.76 % | + 60.66 % |
| EPS in Rs | Rs. 1.93 | Rs. 3.13 | Rs. 3.11 | -0.64 % | + 61.14 % |
Today, we’re looking at Multibase India Ltd’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 6.36 %. However, it did see a marginal increase of 31.25 % from the previous quarter. Expenses ticked up slightly by 36.24 % quarter-on-quarter, aligning with the annual decline of -3.22 %. Operating profit, while up 86.98 % compared to last year, faced a quarter-on-quarter increase of 13.25 %, 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 8.05 %, but a shrinkage of -2.97 % sequentially. Other income fell by -21.03 % compared to the last quarter, despite an annual growth of 16.02 %. Depreciation costs climbed by 3.85 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -12.9 %. Profit before tax grew annually by 61.04 % but saw a reduction from the preceding quarter by -0.57 %.
Tax expenses as a percentage of profits increased slightly by 0.07 % compared to last year, with a more notable quarter-on-quarter increase of 0.06 %. Net profit rose by 60.66 % year-on-year but witnessed a -0.76 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 61.14 % but a quarterly fall of -0.64 %. In summary, Multibase 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. 18.08 Cr | Rs. 14.651 Cr | Rs. 19.229 Cr | + 31.25 % | + 6.36 % |
| Expenses | Rs. 16.16 Cr | Rs. 11.48 Cr | Rs. 15.64 Cr | + 36.24 % | -3.22 % |
| Operating Profit | Rs. 1.92 Cr | Rs. 3.17 Cr | Rs. 3.59 Cr | + 13.25 % | + 86.98 % |
| Net Profit | Rs. 2.44 Cr | Rs. 3.95 Cr | Rs. 3.92 Cr | -0.76 % | + 60.66 % |
| EPS in Rs | Rs. 1.93 | Rs. 3.13 | Rs. 3.11 | -0.64 % | + 61.14 % |
In reviewing Multibase India Ltd’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 6.36 % year-on-year growth, however, there was a minor increase of 31.25 % from the previous quarter. Expenses decreased by -3.22 % compared to the previous year, with a 36.24 % increase quarter-on-quarter. Operating Profit surged by 86.98 % annually, and saw a 13.25 % increase from the last quarter.
Net Profit showed yearly increase of 60.66 %, and experienced a -0.76 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 61.14 % annually, however dipped by -0.64 % compared to the last quarter. In essence, while Multibase India 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.
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