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Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 14.12 % in the past year, substantial increase in net sales/revenue by 8.73 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -26.22 %, Marginal decrease of -21.43% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Shiva Mills Limited. Profit dropped by -20.2 % Year to Year, Shiva Mills Limited’s profitability dropped by -15.81 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -20.19 % Year to Year. EPS decreased by -16.16 % 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. 42.124 Cr | Rs. 44.215 Cr | Rs. 48.074 Cr | + 8.73 % | + 14.12 % |
Expenses | Rs. 41.33 Cr | Rs. 43.36 Cr | Rs. 47.1 Cr | + 8.63 % | + 13.96 % |
Operating Profit | Rs. 0.79 Cr | Rs. 0.85 Cr | Rs. 0.97 Cr | + 14.12 % | + 22.78 % |
OPM % | 1.88 % | 1.92 % | 2.02 % | + 0.1 % | + 0.14 % |
Other Income | Rs. 0.164 Cr | Rs. 0.154 Cr | Rs. 0.121 Cr | -21.43 % | -26.22 % |
Interest | Rs. 0.28 Cr | Rs. 0.33 Cr | Rs. 0.29 Cr | -12.12 % | + 3.57 % |
Depreciation | Rs. 1.7 Cr | Rs. 1.66 Cr | Rs. 1.68 Cr | + 1.2 % | -1.18 % |
Profit before tax | Rs. -1.03 Cr | Rs. -0.99 Cr | Rs. -0.88 Cr | + 11.11 % | + 14.56 % |
Tax % | -11.67 % | -13.56 % | -18.11 % | -4.55 % | -6.44 % |
Net Profit | Rs. -0.9 Cr | Rs. -0.85 Cr | Rs. -0.72 Cr | + 15.29 % | + 20 % |
EPS in Rs | Rs. -1.04 | Rs. -0.99 | Rs. -0.83 | + 16.16 % | + 20.19 % |
Today, we’re looking at Shiva Mills Limited’s financial performance for the Q2(Sep 2024-25).Starting with the top line, the company reported a robust year-over-year sales growth of 14.12 %. However, it did see a marginal increase of 8.73 % from the previous quarter. Expenses ticked up slightly by 8.63 % quarter-on-quarter, aligning with the annual rise of 13.96 %. Operating profit, while up 22.78 % compared to last year, faced a quarter-on-quarter increase of 14.12 %, 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 0.14 %, but an expansion of 0.1 % sequentially. Other income fell by -21.43 % compared to the last quarter, despite an annual decline of -26.22 %. Interest expenses dropped significantly by -12.12 % from the previous quarter, yet the year-over-year increase remains at a moderate 3.57 %. Depreciation costs climbed by 1.2 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -1.18 %. Profit before tax grew annually by 14.56 % but saw an increase from the preceding quarter by 11.11 %.
Tax expenses as a percentage of profits decreased slightly by -6.44 % compared to last year, with a more notable quarter-on-quarter decrease of -4.55 %. Net profit rose by 20 % year-on-year but experienced a 15.29 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 20.19 % but a quarterly rise of 16.16 %. In summary, Shiva Mills 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. 42.124 Cr | Rs. 44.215 Cr | Rs. 48.074 Cr | + 8.73 % | + 14.12 % |
Expenses | Rs. 41.33 Cr | Rs. 43.36 Cr | Rs. 47.1 Cr | + 8.63 % | + 13.96 % |
Operating Profit | Rs. 0.79 Cr | Rs. 0.85 Cr | Rs. 0.97 Cr | + 14.12 % | + 22.78 % |
Net Profit | Rs. -0.9 Cr | Rs. -0.85 Cr | Rs. -0.72 Cr | + 15.29 % | + 20 % |
EPS in Rs | Rs. -1.04 | Rs. -0.99 | Rs. -0.83 | + 16.16 % | + 20.19 % |
In reviewing Shiva Mills Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 14.12 % year-on-year growth, however, there was a minor increase of 8.73 % from the previous quarter. Expenses rose by 13.96 % compared to the previous year, with a 8.63 % increase quarter-on-quarter. Operating Profit surged by 22.78 % annually, and saw a 14.12 % increase from the last quarter.
Net Profit showed yearly increase of 20 %, and experienced a 15.29 % increase from the previous quarter. Earnings Per Share (EPS) rose by 20.19 % annually, however rose by 16.16 % compared to the last quarter. In essence, while Shiva Mills 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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