Share the post "Shah Metacorp : Q1 2024 Financial Quarterly Report : YoY Sales Up 184.95 %, QoQ Up 0.02 %"
Highlights
- The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 184.95 % in the past year, substantial increase in net sales/revenue by 0.02 %.
- 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 728.92 %. Marginal increase in other income during this quarter, up by 14264.74%.
- Profit over the Year and quarter: Significant improvement in profitability for Shah Metacorp Limited. Notable increase of 1762.57 % in net profit Year to Year, Shah Metacorp Limited’s profitability increased by 1477.96 % in this quarter.
- EPS over the Year and quarter: EPS increased by 1,300.00 % Year to Year. EPS increased by 1300 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 16.245 Cr | Rs. 46.283 Cr | Rs. 46.29 Cr | + 0.02 % | + 184.95 % |
Expenses | Rs. 17.03 Cr | Rs. 44.11 Cr | Rs. 42.84 Cr | -2.88 % | + 151.56 % |
Operating Profit | Rs. -0.79 Cr | Rs. 2.17 Cr | Rs. 3.45 Cr | + 58.99 % | + 536.71 % |
OPM % | -4.86 % | 4.69 % | 7.45 % | + 2.76 % | + 12.31 % |
Other Income | Rs. 2.998 Cr | Rs. 0.173 Cr | Rs. 24.851 Cr | + 14264.74 % | + 728.92 % |
Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 0.01 Cr | 0 % | 0 % |
Depreciation | Rs. 0.94 Cr | Rs. 0.79 Cr | Rs. 0.83 Cr | + 5.06 % | -11.7 % |
Profit before tax | Rs. 1.27 Cr | Rs. 1.55 Cr | Rs. 27.46 Cr | + 1671.61 % | + 2062.2 % |
Tax % | 2.11 % | 5.25 % | 15.01 % | + 9.76 % | + 12.9 % |
Net Profit | Rs. 1.25 Cr | Rs. 1.48 Cr | Rs. 23.34 Cr | + 1477.03 % | + 1767.2 % |
EPS in Rs | Rs. 0.04 | Rs. 0.04 | Rs. 0.56 | + 1300 % | + 1300 % |
Today, we’re looking at Shah Metacorp Limited’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 184.95 %. However, it did see a marginal increase of 0.02 % from the previous quarter. Expenses decreased slightly by -2.88 % quarter-on-quarter, aligning with the annual rise of 151.56 %. Operating profit, while up 536.71 % compared to last year, faced a quarter-on-quarter increase of 58.99 %, 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 12.31 %, but an expansion of 2.76 % sequentially. Other income rose by 14264.74 % compared to the last quarter, despite an annual growth of 728.92 %. Depreciation costs climbed by 5.06 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -11.7 %. Profit before tax grew annually by 2062.2 % but saw an increase from the preceding quarter by 1671.61 %.
Tax expenses as a percentage of profits increased slightly by 12.9 % compared to last year, with a more notable quarter-on-quarter increase of 9.76 %. Net profit rose by 1767.2 % year-on-year but experienced a 1477.03 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 1300 % but a quarterly rise of 1300 %. In summary, Shah Metacorp 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. 16.245 Cr | Rs. 46.283 Cr | Rs. 46.29 Cr | + 0.02 % | + 184.95 % |
Expenses | Rs. 17.03 Cr | Rs. 44.11 Cr | Rs. 42.84 Cr | -2.88 % | + 151.56 % |
Operating Profit | Rs. -0.79 Cr | Rs. 2.17 Cr | Rs. 3.45 Cr | + 58.99 % | + 536.71 % |
Net Profit | Rs. 1.25 Cr | Rs. 1.48 Cr | Rs. 23.34 Cr | + 1477.03 % | + 1767.2 % |
EPS in Rs | Rs. 0.04 | Rs. 0.04 | Rs. 0.56 | + 1300 % | + 1300 % |
In reviewing Shah Metacorp Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 184.95 % year-on-year growth, however, there was a minor increase of 0.02 % from the previous quarter. Expenses rose by 151.56 % compared to the previous year, with a decrease of -2.88 % quarter-on-quarter. Operating Profit surged by 536.71 % annually, and saw a 58.99 % increase from the last quarter.
Net Profit showed yearly increase of 1767.2 %, and experienced a 1477.03 % increase from the previous quarter. Earnings Per Share (EPS) rose by 1300 % annually, however rose by 1300 % compared to the last quarter. In essence, while Shah Metacorp 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.