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Highlights
- Sales over the Year and quarter: The company’s sales declined by -38.52 % over the year, substantial increase in net sales/revenue by 28.2 %.
- 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 75 %. Marginal decrease of -3.92% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Shyam Century Ferrous Limited. Profit dropped by -123.41 % Year to Year, Shyam Century Ferrous Limited’s profitability dropped by -241.81 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -123.53 % Year to Year. EPS decreased by -233.33 % 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. 66.315 Cr | Rs. 31.801 Cr | Rs. 40.768 Cr | + 28.2 % | -38.52 % |
Expenses | Rs. 55.69 Cr | Rs. 31.27 Cr | Rs. 43.81 Cr | + 40.1 % | -21.33 % |
Operating Profit | Rs. 10.63 Cr | Rs. 0.53 Cr | Rs. -3.04 Cr | -673.58 % | -128.6 % |
OPM % | 16.03 % | 1.67 % | -7.46 % | -9.13 % | -23.49 % |
Other Income | Rs. 1.12 Cr | Rs. 2.04 Cr | Rs. 1.96 Cr | -3.92 % | + 75 % |
Interest | Rs. 0.17 Cr | Rs. 0.1 Cr | Rs. 0.11 Cr | + 10 % | -35.29 % |
Depreciation | Rs. 0.88 Cr | Rs. 0.86 Cr | Rs. 1.01 Cr | + 17.44 % | + 14.77 % |
Profit before tax | Rs. 10.7 Cr | Rs. 1.61 Cr | Rs. -2.2 Cr | -236.65 % | -120.56 % |
Tax % | 31.77 % | 25.79 % | -22.85 % | -48.64 % | -54.62 % |
Net Profit | Rs. 7.29 Cr | Rs. 1.2 Cr | Rs. -1.71 Cr | -242.5 % | -123.46 % |
EPS in Rs | Rs. 0.34 | Rs. 0.06 | Rs. -0.08 | -233.33 % | -123.53 % |
Today, we’re looking at Shyam Century Ferrous Limited’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -38.52 %. However, it did see a marginal increase of 28.2 % from the previous quarter. Expenses ticked up slightly by 40.1 % quarter-on-quarter, aligning with the annual decline of -21.33 %. Operating profit, while down -128.6 % compared to last year, faced a quarter-on-quarter dip of -673.58 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -23.49 %, but a shrinkage of -9.13 % sequentially. Other income fell by -3.92 % compared to the last quarter, despite an annual growth of 75 %. Interest expenses surged remarkably by 10 % from the previous quarter, yet the year-over-year decrease remains at a moderate -35.29 %. Depreciation costs climbed by 17.44 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 14.77 %. Profit before tax declined annually by -120.56 % but saw a reduction from the preceding quarter by -236.65 %.
Tax expenses as a percentage of profits decreased slightly by -54.62 % compared to last year, with a more notable quarter-on-quarter decrease of -48.64 %. Net profit fell by -123.46 % year-on-year but witnessed a -242.5 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -123.53 % but a quarterly fall of -233.33 %. In summary, Shyam Century Ferrous 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. 66.315 Cr | Rs. 31.801 Cr | Rs. 40.768 Cr | + 28.2 % | -38.52 % |
Expenses | Rs. 55.69 Cr | Rs. 31.27 Cr | Rs. 43.81 Cr | + 40.1 % | -21.33 % |
Operating Profit | Rs. 10.63 Cr | Rs. 0.53 Cr | Rs. -3.04 Cr | -673.58 % | -128.6 % |
Net Profit | Rs. 7.29 Cr | Rs. 1.2 Cr | Rs. -1.71 Cr | -242.5 % | -123.46 % |
EPS in Rs | Rs. 0.34 | Rs. 0.06 | Rs. -0.08 | -233.33 % | -123.53 % |
In reviewing Shyam Century Ferrous Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -38.52 % year-on-year, however, there was a minor increase of 28.2 % from the previous quarter. Expenses decreased by -21.33 % compared to the previous year, with a 40.1 % increase quarter-on-quarter. Operating Profit dropped by -128.6 % annually, and saw a -673.58 % decrease from the last quarter.
Net Profit showed yearly decrease of -123.46 %, and experienced a -242.5 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -123.53 % annually, however dipped by -233.33 % compared to the last quarter. In essence, while Shyam Century Ferrous Limited faces strong annual decline indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.