Annual Results Results Snapshot
Figures in Million
Consolidate Annual Results
Dec'24
Dec'23
Dec'22
Dec'21
Dec'20
Dec'19
Dec'18
Net Sales
6,395.03
6,138.26
6,292.20
5,141.32
4,501.22
3,666.94
3,528.58
Other Operating Income
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Total Operating income
6,395.03
6,138.26
6,292.20
5,141.32
4,501.22
3,666.94
3,528.58
Raw Material Cost
4,772.85
4,595.87
4,473.06
3,694.11
3,511.80
2,961.81
2,884.02
Purchase of Finished goods
0.00
0.00
0.00
0.00
0.00
0.00
0.00
(Increase) / Decrease In Stocks
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Employee Cost
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Power Cost
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Manufacturing Expenses
0.00
0.00
0.04
0.32
2.18
8.37
0.79
Selling and Distribution Expenses
639.92
616.63
516.25
466.85
446.92
392.82
380.38
Other Expenses
0.00
0.00
-0.00
-0.03
-0.22
-0.84
-0.08
Total Expenditure (Excl Depreciation)
5,412.77
5,212.51
4,989.31
4,160.97
3,958.72
3,354.63
3,264.39
Operating Profit (PBDIT) excl Other Income
982.3000000000001
925.8
1302.8999999999999
980.4000000000001
542.5
312.3
264.20000000000005
Other Income
43.06
47.29
8.66
10.87
11.75
20.48
21.75
Operating Profit (PBDIT)
1,027.10
973.84
1,314.11
999.59
566.80
334.25
312.90
Interest
0.00
0.00
0.04
0.32
2.18
8.37
0.79
Exceptional Items
-0.63
-0.91
0.00
-18.19
0.00
-5.63
-1.90
Gross Profit (PBDT)
1,622.19
1,542.39
1,819.14
1,447.20
989.42
705.14
644.56
Depreciation
23.60
23.50
24.75
26.25
31.05
17.30
26.97
Profit Before Tax
1,002.87
949.43
1,289.32
954.83
533.57
302.94
283.25
Tax
216.68
210.68
297.13
217.39
110.09
53.28
55.92
Provisions and contingencies
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Profit After Tax
786.19
738.75
992.19
737.44
423.48
249.66
227.33
Extraordinary Items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Prior Period Expenses
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Other Adjustments
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Net Profit
786.19
738.75
992.19
737.44
423.48
249.66
227.33
Share in Profit of Associates
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Minority Interest
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Other related items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Consolidated Net Profit
786.19
738.75
992.19
737.44
423.48
249.66
227.33
Equity Capital
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Face Value
0.01
0.01
0.01
0.01
0.01
0.01
0.01
Reserves
5,141.57
4,611.90
3,949.61
3,044.39
2,347.87
1,973.99
1,720.76
Earnings per share (EPS)
10.72
9.96
13.37
9.64
5.5
3.21
2.79
Diluted Earnings per share
10.72
9.96
13.37
9.64
5.5
3.21
2.79
Operating Profit Margin (Excl OI)
15.02%
14.71%
20.35%
18.72%
11.64%
8.09%
7.49%
Gross Profit Margin
16.05%
15.85%
20.88%
19.08%
12.54%
8.73%
8.79%
PAT Margin
12.29%
12.04%
15.77%
14.34%
9.41%
6.81%
6.44%
Public Share Holdings (%)
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
Pledged Promotor Holding (%)
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
Annual Analysis Highlights
Net Sales
YoY Growth in year ended Dec 2024 is 4.18% vs -2.45% in Dec 2023
Consolidate Net Profit
YoY Growth in year ended Dec 2024 is 6.43% vs -25.55% in Dec 2023
Operating Profit (PBDIT) excl Other Income
YoY Growth in year ended Dec 2024 is 6.21% vs -29.03% in Dec 2023
Interest
No Interest in the last few periods
Operating Profit Margin (Excl OI)
YoY Growth in year ended Dec 2024 has improved from Dec 2023
Compare Annual Results Of Meritage Homes Corp. With
Figures in Million
Consolidate Annual Results
Change(USD)
Change(%)
Net Sales
6,395.03
8,168.14
-1,773.11
-21.71%
Other Operating Income
0.00
0.00
0.00
Total Operating income
6,395.03
8,168.14
-1,773.11
-21.71%
Raw Material Cost
4,772.85
6,195.42
-1,422.57
-22.96%
Purchase of Finished goods
0
0
0.00
(Increase) / Decrease In Stocks
0
0
0.00
Employee Cost
0.00
0.00
0.00
Power Cost
0
0
0.00
Manufacturing Expenses
0.00
13.32
-13.32
-100.00%
Selling and Distribution Expenses
639.92
759.00
-119.08
-15.69%
Other Expenses
0.00
-1.33
1.33
100.00%
Total Expenditure (Excl Depreciation)
5,412.77
6,954.42
-1,541.65
-22.17%
Operating Profit (PBDIT) excl Other Income
982.26
1,213.71
-231.45
-19.07%
Other Income
43.06
-44.28
87.34
197.24%
Operating Profit (PBDIT)
1,027.10
1,210.62
-183.52
-15.16%
Interest
0.00
13.32
-13.32
-100.00%
Exceptional Items
-0.63
0.00
-0.63
Gross Profit (PBDT)
1,622.19
1,972.71
-350.52
-17.77%
Depreciation
23.60
41.19
-17.59
-42.70%
Profit Before Tax
1,002.87
1,156.12
-153.25
-13.26%
Tax
216.68
269.55
-52.87
-19.61%
Provisions and contingencies
0
0
0.00
Profit After Tax
786.19
883.31
-97.12
-11.00%
Extraordinary Items
0.00
0.00
0.00
Prior Period Expenses
0
0
0.00
Other Adjustments
0
0
0.00
Net Profit
786.19
883.31
-97.12
-11.00%
Share in Profit of Associates
0
0
0.00
Minority Interest
0.00
3.26
-3.26
-100.00%
Other related items
0.00
0.00
0.00
Consolidated Net Profit
786.19
886.57
-100.38
-11.32%
Equity Capital
0
0
0.00
Face Value
0.01
0.00
0.00
Reserves
5,141.57
5,866.53
-724.96
-12.36%
Earnings per share (EPS)
10.72
8.27
2.45
29.63%
Diluted Earnings per share
10.72
8.27
2.45
29.63%
Operating Profit Margin (Excl OI)
15.02%
14.86%
0.00
0.16%
Gross Profit Margin
16.05%
14.66%
0.00
1.39%
PAT Margin
12.29%
10.81%
0.00
1.48%
Public Share Holdings (%)
0%
0%
0.00
0.00%
Pledged Promotor Holding (%)
0%
0%
0.00
0.00%
Annual - Net Sales
Net Sales 639.50 Million
in Dec 2024Figures in Million
YoY Growth in year ended Dec 2024 is 4.18% vs -2.45% in Dec 2023
Annual - Consolidate Net Profit
Consolidate Net Profit 78.62 Million
in Dec 2024Figures in Million
YoY Growth in year ended Dec 2024 is 6.43% vs -25.55% in Dec 2023
Annual - Operating Profit (PBDIT)
Operating Profit (PBDIT) 98.40 Million
in Dec 2024Figures in Million
YoY Growth in year ended Dec 2024 is 6.21% vs -29.03% in Dec 2023
Annual - Interest
No Interest in the last few periods
Annual - Operating Profit Margin (Excl OI)
Operating Profit Margin (Excl OI) 15.02%
in Dec 2024Figures in %
YoY Growth in year ended Dec 2024 has improved from Dec 2023
InfinHub Market Technologies FZ-LLC, Building-2, Unit 112, Dubai Internet City, Dubai, United Arab Emirates
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