Share the post "Shivagrico Implements : Q4 2024 Financial Quarterly Report : YoY Sales Up 29.17 %, QoQ Up 11.09 %"
Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 29.17 % in the past year, substantial increase in net sales/revenue by 11.09 %.
- 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 175 %. Marginal increase in other income during this quarter, up by 175%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Shivagrico Implements Ltd.. Profit dropped by -58.82 % Year to Year, Shivagrico Implements Ltd.’s profitability increased by 180 % in this quarter.
- EPS over the Year and quarter: EPS declined by -57.14 % Year to Year. EPS increased by 200 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 9.034 Cr | Rs. 10.504 Cr | Rs. 11.669 Cr | + 11.09 % | + 29.17 % |
| Expenses | Rs. 8.46 Cr | Rs. 9.93 Cr | Rs. 11.09 Cr | + 11.68 % | + 31.09 % |
| Operating Profit | Rs. 0.57 Cr | Rs. 0.57 Cr | Rs. 0.58 Cr | + 1.75 % | + 1.75 % |
| OPM % | 6.31 % | 5.43 % | 4.97 % | -0.46 % | -1.34 % |
| Other Income | Rs. 0.04 Cr | Rs. 0.04 Cr | Rs. 0.11 Cr | + 175 % | + 175 % |
| Interest | Rs. 0.31 Cr | Rs. 0.28 Cr | Rs. 0.27 Cr | -3.57 % | -12.9 % |
| Depreciation | Rs. 0.33 Cr | Rs. 0.33 Cr | Rs. 0.36 Cr | + 9.09 % | + 9.09 % |
| Profit before tax | Rs. -0.03 Cr | Rs. -0 Cr | Rs. 0.06 Cr | 0 % | + 300 % |
| Tax % | -9.38 % | 141.67 % | 127.78 % | -13.89 % | + 137.16 % |
| Net Profit | Rs. -0.03 Cr | Rs. -0.01 Cr | Rs. -0.01 Cr | + 0 % | + 66.67 % |
| EPS in Rs | Rs. -0.07 | Rs. -0.01 | Rs. -0.03 | -200 % | + 57.14 % |
Today, we’re looking at Shivagrico Implements Ltd.’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 29.17 %. However, it did see a marginal increase of 11.09 % from the previous quarter. Expenses ticked up slightly by 11.68 % quarter-on-quarter, aligning with the annual rise of 31.09 %. Operating profit, while up 1.75 % compared to last year, faced a quarter-on-quarter increase of 1.75 %, 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 -1.34 %, but a shrinkage of -0.46 % sequentially. Other income rose by 175 % compared to the last quarter, despite an annual growth of 175 %. Interest expenses dropped significantly by -3.57 % from the previous quarter, yet the year-over-year decrease remains at a moderate -12.9 %. Depreciation costs climbed by 9.09 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 9.09 %. Profit before tax grew annually by 300 %
Tax expenses as a percentage of profits increased slightly by 137.16 % compared to last year, with a more notable quarter-on-quarter decrease of -13.89 %. Net profit rose by 66.67 % year-on-year but experienced a 0 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 57.14 % but a quarterly fall of -200 %. In summary, Shivagrico Implements Ltd.’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. 9.034 Cr | Rs. 10.504 Cr | Rs. 11.669 Cr | + 11.09 % | + 29.17 % |
| Expenses | Rs. 8.46 Cr | Rs. 9.93 Cr | Rs. 11.09 Cr | + 11.68 % | + 31.09 % |
| Operating Profit | Rs. 0.57 Cr | Rs. 0.57 Cr | Rs. 0.58 Cr | + 1.75 % | + 1.75 % |
| Net Profit | Rs. -0.03 Cr | Rs. -0.01 Cr | Rs. -0.01 Cr | + 0 % | + 66.67 % |
| EPS in Rs | Rs. -0.07 | Rs. -0.01 | Rs. -0.03 | -200 % | + 57.14 % |
In reviewing Shivagrico Implements Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 29.17 % year-on-year growth, however, there was a minor increase of 11.09 % from the previous quarter. Expenses rose by 31.09 % compared to the previous year, with a 11.68 % increase quarter-on-quarter. Operating Profit surged by 1.75 % annually, and saw a 1.75 % increase from the last quarter.
Net Profit showed yearly increase of 66.67 %, and experienced a 0 % increase from the previous quarter. Earnings Per Share (EPS) rose by 57.14 % annually, however dipped by -200 % compared to the last quarter. In essence, while Shivagrico Implements Ltd. 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.
-11
3-Year Profit
16
5-Year Profit
-2
10-Year Profit
20.0
Current Price
10.0
Market Cap
Upon examining the financial data for BSE code 522237, it becomes clear that the company achieved a notable five-year profit of 16 percents, which impressively increased to -11 percents in the three-year window. This upward trajectory, however, has been overshadowed by the latest trailing twelve-month (TTM) figures, which indicate a concerning loss of 300 percents. This financial loss is further compounded by the fact that the company has not recorded any sales across any of the timeframes under consideration. Such an unusual situation might suggest that the company operates under an unconventional business model, which could potentially carry higher risks. In terms of stock performance, the company’s stock price has seen a decline, falling from 36 percents over the five-year period to just 0 percents in the last year. The ten-year average stock price, which sits at 4 percents, highlights long-term volatility, casting doubt on the company's ability to sustain its market position over time. This warrants further investigation into the factors driving these fluctuations.
With a market capitalization of ₹10.0 crore, the company’s stock is currently trading at ₹20.0, having fluctuated within a range of ₹33.3 / 16.5 over the years. The stock's P/E ratio of 144 reflects a relatively high valuation compared to its earnings, which could suggest strong future growth expectations or heightened investor demand. The company’s book value is ₹14.8, representing the total value of its assets on a per-share basis, while the dividend yield of 0.00% offers a modest return to shareholders. ROCE, at 4.96%, highlights the company's efficient use of capital in generating profits, while ROE at 0.95% underscores its ability to generate returns for shareholders. The debt-to-equity ratio of 2.59 is very low, indicating conservative financial management and minimal reliance on borrowed funds. Despite this, the company shows a negative net cash flow of ₹-0.53 crore, which could point to cash management challenges or recent heavy investments. The Piotroski score of 6.00 suggests moderate financial strength, while the Graham Number, pegged at ₹6.81, offers a rough estimate of the stock's intrinsic value. The Price-to-Book (P/B) ratio of 1.36 signals that the stock is trading at a premium, which might reflect investor confidence in the company's growth trajectory.
