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Highlights
- Sales over the Year and quarter: The company’s sales declined by -15.84 % over the year, decrease in net sales/revenue by -3.75 %.
- 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 180.14 %. Marginal decrease of -23.79% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Munjal Auto Industries Ltd.. Notable increase of 1481.7 % in net profit Year to Year, Munjal Auto Industries Ltd.’s profitability dropped by -255.49 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 1,082.61 % Year to Year. EPS decreased by -322.95 % 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. 482.833 Cr | Rs. 422.167 Cr | Rs. 406.33 Cr | -3.75 % | -15.84 % |
Expenses | Rs. 461.37 Cr | Rs. 396.1 Cr | Rs. 372.67 Cr | -5.92 % | -19.23 % |
Operating Profit | Rs. 21.46 Cr | Rs. 26.07 Cr | Rs. 33.66 Cr | + 29.11 % | + 56.85 % |
OPM % | 4.44 % | 6.18 % | 8.28 % | + 2.1 % | + 3.84 % |
Other Income | Rs. 2.87 Cr | Rs. 10.55 Cr | Rs. 8.04 Cr | -23.79 % | + 180.14 % |
Interest | Rs. 7.46 Cr | Rs. 7 Cr | Rs. 6.44 Cr | -8 % | -13.67 % |
Depreciation | Rs. 13.78 Cr | Rs. 14.16 Cr | Rs. 14.02 Cr | -0.99 % | + 1.74 % |
Profit before tax | Rs. 3.09 Cr | Rs. 15.46 Cr | Rs. 21.24 Cr | + 37.39 % | + 587.38 % |
Tax % | 35.82 % | -0.25 % | 24.65 % | + 24.9 % | -11.17 % |
Net Profit | Rs. 2.3 Cr | Rs. -23.35 Cr | Rs. 36.3 Cr | + 255.46 % | + 1478.26 % |
EPS in Rs | Rs. 0.23 | Rs. -1.22 | Rs. 2.72 | + 322.95 % | + 1082.61 % |
Today, we’re looking at Munjal Auto Industries 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 -15.84 %. However, it did see a marginal slip of -3.75 % from the previous quarter. Expenses decreased slightly by -5.92 % quarter-on-quarter, aligning with the annual decline of -19.23 %. Operating profit, while up 56.85 % compared to last year, faced a quarter-on-quarter increase of 29.11 %, 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 3.84 %, but an expansion of 2.1 % sequentially. Other income fell by -23.79 % compared to the last quarter, despite an annual growth of 180.14 %. Interest expenses dropped significantly by -8 % from the previous quarter, yet the year-over-year decrease remains at a moderate -13.67 %. Depreciation costs fell by -0.99 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 1.74 %. Profit before tax grew annually by 587.38 % but saw an increase from the preceding quarter by 37.39 %.
Tax expenses as a percentage of profits decreased slightly by -11.17 % compared to last year, with a more notable quarter-on-quarter increase of 24.9 %. Net profit rose by 1478.26 % year-on-year but experienced a 255.46 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 1082.61 % but a quarterly rise of 322.95 %. In summary, Munjal Auto Industries 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. 482.833 Cr | Rs. 422.167 Cr | Rs. 406.33 Cr | -3.75 % | -15.84 % |
Expenses | Rs. 461.37 Cr | Rs. 396.1 Cr | Rs. 372.67 Cr | -5.92 % | -19.23 % |
Operating Profit | Rs. 21.46 Cr | Rs. 26.07 Cr | Rs. 33.66 Cr | + 29.11 % | + 56.85 % |
Net Profit | Rs. 2.3 Cr | Rs. -23.35 Cr | Rs. 36.3 Cr | + 255.46 % | + 1478.26 % |
EPS in Rs | Rs. 0.23 | Rs. -1.22 | Rs. 2.72 | + 322.95 % | + 1082.61 % |
In reviewing Munjal Auto Industries Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -15.84 % year-on-year, although there was a slight dip of -3.75 % from the previous quarter. Expenses decreased by -19.23 % compared to the previous year, with a decrease of -5.92 % quarter-on-quarter. Operating Profit surged by 56.85 % annually, and saw a 29.11 % increase from the last quarter.
Net Profit showed yearly increase of 1478.26 %, and experienced a 255.46 % increase from the previous quarter. Earnings Per Share (EPS) rose by 1082.61 % annually, however rose by 322.95 % compared to the last quarter. In essence, while Munjal Auto Industries 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.