Mayur Uniquoters reports strong financial performance in Q1 FY25, with record operating profit and margins.

Mayur Uniquoters, a smallcap company in the footwear industry, has recently declared its financial results for the quarter ending March 2024. The company has shown positive performance in this quarter, with a score of 13 compared to 3 in the previous quarter.

One of the key highlights of the financials is the increase in operating profit (PBDIT) which has reached its highest at Rs 48.16 crore in the last five quarters. This shows a positive trend in the company’s efficiency. The operating profit margin has also improved, reaching its highest at 22.59%. Additionally, the profit before tax (PBT) has also shown a positive trend, with the highest at Rs 40.51 crore in the last five quarters. This is a growth of 27.6% over the average PBT of the previous four quarters.

The profit after tax (PAT) has also seen a positive trend, with the highest at Rs 37.38 crore in the last five quarters. This is a growth of 22.1% over the average PAT of the previous four quarters. This has resulted in an increase in earnings per share (EPS) which has reached its highest at Rs 8.50.

However, there is one aspect that is not working in the company’s favor, which is the non-operating income. It has reached its highest at Rs 10.86 crore in the last five quarters, but this may not be sustainable as it comes from non-business activities.

Overall, Mayur Uniquoters has shown a positive financial performance in the quarter ending March 2024. MarketsMOJO has given a ‘Hold’ call for the company’s stock, indicating a neutral stance. With the company’s increasing profitability and efficiency, it will be interesting to see how it performs in the upcoming quarters.