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Highlights
- Sales over the Year and quarter: The company’s sales declined by -18.81 % over the year, decrease in net sales/revenue by -6.93 %.
- 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 48.48 %. Marginal increase in other income during this quarter, up by 30.32%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Multibase India Ltd. Profit dropped by -20.54 % Year to Year, Multibase India Ltd’s profitability increased by 42.93 % in this quarter.
- EPS over the Year and quarter: EPS declined by -20.56 % Year to Year. EPS increased by 42.92 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 18.045 Cr | Rs. 15.742 Cr | Rs. 14.651 Cr | -6.93 % | -18.81 % |
Expenses | Rs. 12.81 Cr | Rs. 13.59 Cr | Rs. 11.48 Cr | -15.53 % | -10.38 % |
Operating Profit | Rs. 5.24 Cr | Rs. 2.15 Cr | Rs. 3.17 Cr | + 47.44 % | -39.5 % |
OPM % | 29.04 % | 13.66 % | 21.64 % | + 7.98 % | -7.4 % |
Other Income | Rs. 1.65 Cr | Rs. 1.88 Cr | Rs. 2.45 Cr | + 30.32 % | + 48.48 % |
Interest | Rs. 0.05 Cr | Rs. 0 Cr | Rs. 0.08 Cr | 0 % | + 60 % |
Depreciation | Rs. 0.16 Cr | Rs. 0.25 Cr | Rs. 0.26 Cr | + 4 % | + 62.5 % |
Profit before tax | Rs. 6.68 Cr | Rs. 3.78 Cr | Rs. 5.28 Cr | + 39.68 % | -20.96 % |
Tax % | 25.51 % | 26.89 % | 25.34 % | -1.55 % | -0.17 % |
Net Profit | Rs. 4.97 Cr | Rs. 2.76 Cr | Rs. 3.95 Cr | + 43.12 % | -20.52 % |
EPS in Rs | Rs. 3.94 | Rs. 2.19 | Rs. 3.13 | + 42.92 % | -20.56 % |
Today, we’re looking at Multibase India 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 -18.81 %. However, it did see a marginal slip of -6.93 % from the previous quarter. Expenses decreased slightly by -15.53 % quarter-on-quarter, aligning with the annual decline of -10.38 %. Operating profit, while down -39.5 % compared to last year, faced a quarter-on-quarter increase of 47.44 %, 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 -7.4 %, but an expansion of 7.98 % sequentially. Other income rose by 30.32 % compared to the last quarter, despite an annual growth of 48.48 %. yet the year-over-year increase remains at a moderate 60 %. Depreciation costs climbed by 4 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 62.5 %. Profit before tax declined annually by -20.96 % but saw an increase from the preceding quarter by 39.68 %.
Tax expenses as a percentage of profits decreased slightly by -0.17 % compared to last year, with a more notable quarter-on-quarter decrease of -1.55 %. Net profit fell by -20.52 % year-on-year but experienced a 43.12 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -20.56 % but a quarterly rise of 42.92 %. 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. 18.045 Cr | Rs. 15.742 Cr | Rs. 14.651 Cr | -6.93 % | -18.81 % |
Expenses | Rs. 12.81 Cr | Rs. 13.59 Cr | Rs. 11.48 Cr | -15.53 % | -10.38 % |
Operating Profit | Rs. 5.24 Cr | Rs. 2.15 Cr | Rs. 3.17 Cr | + 47.44 % | -39.5 % |
Net Profit | Rs. 4.97 Cr | Rs. 2.76 Cr | Rs. 3.95 Cr | + 43.12 % | -20.52 % |
EPS in Rs | Rs. 3.94 | Rs. 2.19 | Rs. 3.13 | + 42.92 % | -20.56 % |
In reviewing Multibase India Ltd’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -18.81 % year-on-year, although there was a slight dip of -6.93 % from the previous quarter. Expenses decreased by -10.38 % compared to the previous year, with a decrease of -15.53 % quarter-on-quarter. Operating Profit dropped by -39.5 % annually, and saw a 47.44 % increase from the last quarter.
Net Profit showed yearly decrease of -20.52 %, and experienced a 43.12 % increase from the previous quarter. Earnings Per Share (EPS) fell by -20.56 % annually, however rose by 42.92 % compared to the last quarter. In essence, while Multibase India Ltd 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.