Share the post "SHIVAM AUTOTECH : Q4 2024 Financial Quarterly Report : YoY Sales Up 7.19 %, QoQ Up 2.41 %"
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.
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.