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SHIVAM AUTOTECH : Q4 2024 Financial Quarterly Report : YoY Sales Up 7.19 %, QoQ Up 2.41 %

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Highlights

  • Sales over the Year and quarter: The company experienced a substantial growth of 7.19 % in the past year, substantial increase in net sales/revenue by 2.41 %.
  • 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 653.57 %. Marginal increase in other income during this quarter, up by 358.7%.
  • Profit over the Year and quarter: Challenges in sustaining profitability for SHIVAM AUTOTECH LIMITED. Profit dropped by -29.31 % Year to Year, SHIVAM AUTOTECH LIMITED’s profitability dropped by -46.4 % Quarter to Quarter.
  • EPS over the Year and quarter: EPS declined by -36.63 % Year to Year. EPS decreased by -46.22 % in previous quarter. Analysis needed for shareholder value.

The comprehensive analytics outlining the performance and outlook of SHIVAM AUTOTECH LIMITED”s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 115.441 Cr Rs. 120.829 Cr Rs. 123.741 Cr + 2.41 % + 7.19 %
Expenses Rs. 104.08 Cr Rs. 110.71 Cr Rs. 108.8 Cr -1.73 % + 4.53 %
Operating Profit Rs. 11.36 Cr Rs. 10.12 Cr Rs. 14.94 Cr + 47.63 % + 31.51 %
OPM % 9.84 % 8.38 % 12.07 % + 3.69 % + 2.23 %
Other Income Rs. 0.28 Cr Rs. 0.46 Cr Rs. 2.11 Cr + 358.7 % + 653.57 %
Interest Rs. 12.27 Cr Rs. 15.29 Cr Rs. 15.1 Cr -1.24 % + 23.06 %
Depreciation Rs. 8.55 Cr Rs. 8.92 Cr Rs. 8.84 Cr -0.9 % + 3.39 %
Profit before tax Rs. -9.18 Cr Rs. -13.63 Cr Rs. -6.89 Cr + 49.45 % + 24.95 %
Tax % -20.53 % -6.97 % -13.54 % -6.57 % + 6.99 %
Net Profit Rs. -11.06 Cr Rs. -14.58 Cr Rs. -7.82 Cr + 46.36 % + 29.29 %
EPS in Rs Rs. -1.01 Rs. -1.19 Rs. -0.64 + 46.22 % + 36.63 %


Today, we’re looking at SHIVAM AUTOTECH 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 7.19 %. However, it did see a marginal increase of 2.41 % from the previous quarter. Expenses decreased slightly by -1.73 % quarter-on-quarter, aligning with the annual rise of 4.53 %. Operating profit, while up 31.51 % compared to last year, faced a quarter-on-quarter increase of 47.63 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 2.23 %, but an expansion of 3.69 % sequentially. Other income rose by 358.7 % compared to the last quarter, despite an annual growth of 653.57 %. Interest expenses dropped significantly by -1.24 % from the previous quarter, yet the year-over-year increase remains at a moderate 23.06 %. Depreciation costs fell by -0.9 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 3.39 %. Profit before tax grew annually by 24.95 % but saw an increase from the preceding quarter by 49.45 %.
Tax expenses as a percentage of profits increased slightly by 6.99 % compared to last year, with a more notable quarter-on-quarter decrease of -6.57 %. Net profit rose by 29.29 % year-on-year but experienced a 46.36 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 36.63 % but a quarterly rise of 46.22 %. In summary, SHIVAM AUTOTECH 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. 115.441 Cr Rs. 120.829 Cr Rs. 123.741 Cr + 2.41 % + 7.19 %
Expenses Rs. 104.08 Cr Rs. 110.71 Cr Rs. 108.8 Cr -1.73 % + 4.53 %
Operating Profit Rs. 11.36 Cr Rs. 10.12 Cr Rs. 14.94 Cr + 47.63 % + 31.51 %
Net Profit Rs. -11.06 Cr Rs. -14.58 Cr Rs. -7.82 Cr + 46.36 % + 29.29 %
EPS in Rs Rs. -1.01 Rs. -1.19 Rs. -0.64 + 46.22 % + 36.63 %


In reviewing SHIVAM AUTOTECH LIMITED’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 7.19 % year-on-year growth, however, there was a minor increase of 2.41 % from the previous quarter. Expenses rose by 4.53 % compared to the previous year, with a decrease of -1.73 % quarter-on-quarter. Operating Profit surged by 31.51 % annually, and saw a 47.63 % increase from the last quarter.
Net Profit showed yearly increase of 29.29 %, and experienced a 46.36 % increase from the previous quarter. Earnings Per Share (EPS) rose by 36.63 % annually, however rose by 46.22 % compared to the last quarter. In essence, while SHIVAM AUTOTECH 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.

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