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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 41.34 % in the past year, substantial increase in net sales/revenue by 345.33 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -41.3 %, Marginal increase in other income during this quarter, up by 237.5%.
- Profit over the Year and quarter: Significant improvement in profitability for Shahlon Silk Industries Limited. Notable increase of 250.15 % in net profit Year to Year, Shahlon Silk Industries Limited’s profitability increased by 74.81 % in this quarter.
- EPS over the Year and quarter: EPS increased by 225.00 % Year to Year. EPS increased by 62.5 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 122.856 Cr | Rs. 38.993 Cr | Rs. 173.646 Cr | + 345.33 % | + 41.34 % |
Expenses | Rs. 117.05 Cr | Rs. 32.72 Cr | Rs. 165.62 Cr | + 406.17 % | + 41.5 % |
Operating Profit | Rs. 5.81 Cr | Rs. 6.27 Cr | Rs. 8.03 Cr | + 28.07 % | + 38.21 % |
OPM % | 4.73 % | 16.08 % | 4.62 % | -11.46 % | -0.11 % |
Other Income | Rs. 0.46 Cr | Rs. 0.08 Cr | Rs. 0.27 Cr | + 237.5 % | -41.3 % |
Interest | Rs. 3.23 Cr | Rs. 3.48 Cr | Rs. 4.27 Cr | + 22.7 % | + 32.2 % |
Depreciation | Rs. 2.27 Cr | Rs. 1.97 Cr | Rs. 1.94 Cr | -1.52 % | -14.54 % |
Profit before tax | Rs. 0.77 Cr | Rs. 0.9 Cr | Rs. 2.09 Cr | + 132.22 % | + 171.43 % |
Tax % | 55.86 % | 27.54 % | 44.85 % | + 17.31 % | -11.01 % |
Net Profit | Rs. 0.34 Cr | Rs. 0.67 Cr | Rs. 1.17 Cr | + 74.63 % | + 244.12 % |
EPS in Rs | Rs. 0.04 | Rs. 0.08 | Rs. 0.13 | + 62.5 % | + 225 % |
Today, we’re looking at Shahlon Silk Industries Limited’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 41.34 %. However, it did see a marginal increase of 345.33 % from the previous quarter. Expenses ticked up slightly by 406.17 % quarter-on-quarter, aligning with the annual rise of 41.5 %. Operating profit, while up 38.21 % compared to last year, faced a quarter-on-quarter increase of 28.07 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -0.11 %, but a shrinkage of -11.46 % sequentially. Other income rose by 237.5 % compared to the last quarter, despite an annual decline of -41.3 %. Interest expenses surged remarkably by 22.7 % from the previous quarter, yet the year-over-year increase remains at a moderate 32.2 %. Depreciation costs fell by -1.52 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -14.54 %. Profit before tax grew annually by 171.43 % but saw an increase from the preceding quarter by 132.22 %.
Tax expenses as a percentage of profits decreased slightly by -11.01 % compared to last year, with a more notable quarter-on-quarter increase of 17.31 %. Net profit rose by 244.12 % year-on-year but experienced a 74.63 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 225 % but a quarterly rise of 62.5 %. In summary, Shahlon Silk Industries 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. 122.856 Cr | Rs. 38.993 Cr | Rs. 173.646 Cr | + 345.33 % | + 41.34 % |
Expenses | Rs. 117.05 Cr | Rs. 32.72 Cr | Rs. 165.62 Cr | + 406.17 % | + 41.5 % |
Operating Profit | Rs. 5.81 Cr | Rs. 6.27 Cr | Rs. 8.03 Cr | + 28.07 % | + 38.21 % |
Net Profit | Rs. 0.34 Cr | Rs. 0.67 Cr | Rs. 1.17 Cr | + 74.63 % | + 244.12 % |
EPS in Rs | Rs. 0.04 | Rs. 0.08 | Rs. 0.13 | + 62.5 % | + 225 % |
In reviewing Shahlon Silk Industries Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 41.34 % year-on-year growth, however, there was a minor increase of 345.33 % from the previous quarter. Expenses rose by 41.5 % compared to the previous year, with a 406.17 % increase quarter-on-quarter. Operating Profit surged by 38.21 % annually, and saw a 28.07 % increase from the last quarter.
Net Profit showed yearly increase of 244.12 %, and experienced a 74.63 % increase from the previous quarter. Earnings Per Share (EPS) rose by 225 % annually, however rose by 62.5 % compared to the last quarter. In essence, while Shahlon Silk Industries Limited exhibits strong annual growth indicators, short-term improvements suggest the potential for recovery and the importance of strategic adjustments to counter market challenges effectively. That’s all for now in the financial sector.