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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 3.37 % in the past year, substantial increase in net sales/revenue by 1.23 %.
- 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 610.76 %. Marginal increase in other income during this quarter, up by 630.41%.
- Profit over the Year and quarter: Significant improvement in profitability for Shivalik Bimetal Controls Ltd.,. Notable increase of 19.41 % in net profit Year to Year, Shivalik Bimetal Controls Ltd.,’s profitability increased by 51.41 % in this quarter.
- EPS over the Year and quarter: EPS increased by 19.57 % Year to Year. EPS increased by 51.7 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 123.597 Cr | Rs. 126.21 Cr | Rs. 127.763 Cr | + 1.23 % | + 3.37 % |
Expenses | Rs. 95.73 Cr | Rs. 101.03 Cr | Rs. 105.98 Cr | + 4.9 % | + 10.71 % |
Operating Profit | Rs. 27.87 Cr | Rs. 25.18 Cr | Rs. 21.78 Cr | -13.5 % | -21.85 % |
OPM % | 22.55 % | 19.95 % | 17.05 % | -2.9 % | -5.5 % |
Other Income | Rs. 2.23 Cr | Rs. 2.17 Cr | Rs. 15.85 Cr | + 630.41 % | + 610.76 % |
Interest | Rs. 1.65 Cr | Rs. 1.27 Cr | Rs. 1.14 Cr | -10.24 % | -30.91 % |
Depreciation | Rs. 2.76 Cr | Rs. 3.1 Cr | Rs. 3.1 Cr | + 0 % | + 12.32 % |
Profit before tax | Rs. 25.69 Cr | Rs. 22.98 Cr | Rs. 33.39 Cr | + 45.3 % | + 29.97 % |
Tax % | 16.57 % | 27.17 % | 24.46 % | -2.71 % | + 7.89 % |
Net Profit | Rs. 21.51 Cr | Rs. 16.96 Cr | Rs. 25.68 Cr | + 51.42 % | + 19.39 % |
EPS in Rs | Rs. 3.73 | Rs. 2.94 | Rs. 4.46 | + 51.7 % | + 19.57 % |
Today, we’re looking at Shivalik Bimetal Controls 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 3.37 %. However, it did see a marginal increase of 1.23 % from the previous quarter. Expenses ticked up slightly by 4.9 % quarter-on-quarter, aligning with the annual rise of 10.71 %. Operating profit, while down -21.85 % compared to last year, faced a quarter-on-quarter dip of -13.5 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -5.5 %, but a shrinkage of -2.9 % sequentially. Other income rose by 630.41 % compared to the last quarter, despite an annual growth of 610.76 %. Interest expenses dropped significantly by -10.24 % from the previous quarter, yet the year-over-year decrease remains at a moderate -30.91 %. Depreciation costs climbed by 0 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 12.32 %. Profit before tax grew annually by 29.97 % but saw an increase from the preceding quarter by 45.3 %.
Tax expenses as a percentage of profits increased slightly by 7.89 % compared to last year, with a more notable quarter-on-quarter decrease of -2.71 %. Net profit rose by 19.39 % year-on-year but experienced a 51.42 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 19.57 % but a quarterly rise of 51.7 %. In summary, Shivalik Bimetal Controls 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. 123.597 Cr | Rs. 126.21 Cr | Rs. 127.763 Cr | + 1.23 % | + 3.37 % |
Expenses | Rs. 95.73 Cr | Rs. 101.03 Cr | Rs. 105.98 Cr | + 4.9 % | + 10.71 % |
Operating Profit | Rs. 27.87 Cr | Rs. 25.18 Cr | Rs. 21.78 Cr | -13.5 % | -21.85 % |
Net Profit | Rs. 21.51 Cr | Rs. 16.96 Cr | Rs. 25.68 Cr | + 51.42 % | + 19.39 % |
EPS in Rs | Rs. 3.73 | Rs. 2.94 | Rs. 4.46 | + 51.7 % | + 19.57 % |
In reviewing Shivalik Bimetal Controls Ltd.,’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 3.37 % year-on-year growth, however, there was a minor increase of 1.23 % from the previous quarter. Expenses rose by 10.71 % compared to the previous year, with a 4.9 % increase quarter-on-quarter. Operating Profit dropped by -21.85 % annually, and saw a -13.5 % decrease from the last quarter.
Net Profit showed yearly increase of 19.39 %, and experienced a 51.42 % increase from the previous quarter. Earnings Per Share (EPS) rose by 19.57 % annually, however rose by 51.7 % compared to the last quarter. In essence, while Shivalik Bimetal Controls 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.