Manugraph India Quarterly Results

Charts

YoY Net Sales (Quarterly)

Operating Margin

EPS Growth

POSITIVES

Revenue increased to ₹35.10 crore in Q1 2023, a strong growth of 170% YoY from ₹13.02 crore in Q4 2022.
Operating loss improved to ₹-2.23 crore in Q1 2023, indicating better cost management compared to previous quarters.
Material cost percentage decreased significantly, suggesting improved efficiency in production.

NEGATIVES

Net profit remains negative at ₹-2.04 crore in Q1 2023, reflecting ongoing challenges despite revenue growth.
Expense levels still high at ₹37.33 crore, impacting overall profitability.
EPS basic has not shown significant recovery, remaining at ₹-0.67 in Q1 2023, indicating persistent losses.

Field	Jun 21	Sep 21	Dec 21	Mar 22	Jun 22	Sep 22	Dec 22	Mar 23
Revenue	4.45	16.15	12.93	12.52	6.02	25.43	13.02	35.10
Expenses	9.03	19.97	17.45	16.14	11.37	29.20	20.80	37.33
Operating Profit	-4.58	-3.82	-4.52	-3.62	-5.35	-3.77	-7.78	-2.23
Other Income	0.70	0.66	0.52	0.22	0.08	0.36	1.09	0.18
Interest	0.61	0.58	0.60	0.59	0.68	0.64	0.76	0.64
Depreciation	0.36	0.34	0.33	0.32	0.32	0.39	0.36	0.32
Profit Before Tax	-3.88	-3.16	-5.06	-3.47	-5.27	-3.41	0.29	-2.05
Tax	0.06	0.03	-0.60	0.30	0.15	0.09	0.08	-0.01
Net Profit	-3.94	-3.19	-4.46	-2.36	-5.42	-3.50	-0.07	-2.04
Eps in Rs	-1.30	-1.04	-1.47	-0.77	-1.78	-1.15	-0.03	-0.67