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Highlights
- The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 23.44 % in the past year, substantial increase in net sales/revenue by 0.62 %.
- 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 25.1 %. Marginal decrease of -49.17% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for UNO Minda Limited. Notable increase of 17 % in net profit Year to Year, UNO Minda Limited’s profitability dropped by -30.13 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 15.28 % Year to Year. EPS decreased by -31.15 % 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. 3092.66 Cr | Rs. 3794.02 Cr | Rs. 3817.51 Cr | + 0.62 % | + 23.44 % |
| Expenses | Rs. 2762.6 Cr | Rs. 3319.98 Cr | Rs. 3409.8 Cr | + 2.71 % | + 23.43 % |
| Operating Profit | Rs. 330.06 Cr | Rs. 474.04 Cr | Rs. 407.71 Cr | -13.99 % | + 23.53 % |
| OPM % | 10.67 % | 12.49 % | 10.68 % | -1.81 % | + 0.01 % |
| Other Income | Rs. 38.16 Cr | Rs. 93.93 Cr | Rs. 47.74 Cr | -49.17 % | + 25.1 % |
| Interest | Rs. 25.18 Cr | Rs. 31.99 Cr | Rs. 36.25 Cr | + 13.32 % | + 43.96 % |
| Depreciation | Rs. 119.01 Cr | Rs. 149.25 Cr | Rs. 141.73 Cr | -5.04 % | + 19.09 % |
| Profit before tax | Rs. 224.03 Cr | Rs. 386.73 Cr | Rs. 277.47 Cr | -28.25 % | + 23.85 % |
| Tax % | 22.65 % | 25.88 % | 27.69 % | + 1.81 % | + 5.04 % |
| Net Profit | Rs. 180.17 Cr | Rs. 301.72 Cr | Rs. 210.8 Cr | -30.13 % | + 17 % |
| EPS in Rs | Rs. 3 | Rs. 5.03 | Rs. 3.46 | -31.21 % | + 15.33 % |
Today, we’re looking at UNO Minda Limited’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 23.44 %. However, it did see a marginal increase of 0.62 % from the previous quarter. Expenses ticked up slightly by 2.71 % quarter-on-quarter, aligning with the annual rise of 23.43 %. Operating profit, while up 23.53 % compared to last year, faced a quarter-on-quarter dip of -13.99 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 0.01 %, but a shrinkage of -1.81 % sequentially. Other income fell by -49.17 % compared to the last quarter, despite an annual growth of 25.1 %. Interest expenses surged remarkably by 13.32 % from the previous quarter, yet the year-over-year increase remains at a moderate 43.96 %. Depreciation costs fell by -5.04 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 19.09 %. Profit before tax grew annually by 23.85 % but saw a reduction from the preceding quarter by -28.25 %.
Tax expenses as a percentage of profits increased slightly by 5.04 % compared to last year, with a more notable quarter-on-quarter increase of 1.81 %. Net profit rose by 17 % year-on-year but witnessed a -30.13 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 15.33 % but a quarterly fall of -31.21 %. In summary, UNO Minda 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. 3092.66 Cr | Rs. 3794.02 Cr | Rs. 3817.51 Cr | + 0.62 % | + 23.44 % |
| Expenses | Rs. 2762.6 Cr | Rs. 3319.98 Cr | Rs. 3409.8 Cr | + 2.71 % | + 23.43 % |
| Operating Profit | Rs. 330.06 Cr | Rs. 474.04 Cr | Rs. 407.71 Cr | -13.99 % | + 23.53 % |
| Net Profit | Rs. 180.17 Cr | Rs. 301.72 Cr | Rs. 210.8 Cr | -30.13 % | + 17 % |
| EPS in Rs | Rs. 3 | Rs. 5.03 | Rs. 3.46 | -31.21 % | + 15.33 % |
In reviewing UNO Minda Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 23.44 % year-on-year growth, however, there was a minor increase of 0.62 % from the previous quarter. Expenses rose by 23.43 % compared to the previous year, with a 2.71 % increase quarter-on-quarter. Operating Profit surged by 23.53 % annually, and saw a -13.99 % decrease from the last quarter.
Net Profit showed yearly increase of 17 %, and experienced a -30.13 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 15.33 % annually, however dipped by -31.21 % compared to the last quarter. In essence, while UNO Minda Limited 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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