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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 127.55 % in the past year, substantial increase in net sales/revenue by 4.87 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -40.57 %, Marginal decrease of -97.4% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Shah Metacorp Limited. Notable increase of 224.9 % in net profit Year to Year, Shah Metacorp Limited’s profitability dropped by -89.43 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 400.00 % Year to Year. EPS decreased by -82.14 % 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. 21.333 Cr | Rs. 46.29 Cr | Rs. 48.543 Cr | + 4.87 % | + 127.55 % |
| Expenses | Rs. 20.74 Cr | Rs. 42.84 Cr | Rs. 45.8 Cr | + 6.91 % | + 120.83 % |
| Operating Profit | Rs. 0.59 Cr | Rs. 3.45 Cr | Rs. 2.74 Cr | -20.58 % | + 364.41 % |
| OPM % | 2.77 % | 7.45 % | 5.64 % | -1.81 % | + 2.87 % |
| Other Income | Rs. 1.087 Cr | Rs. 24.851 Cr | Rs. 0.646 Cr | -97.4 % | -40.57 % |
| Interest | Rs. 0 Cr | Rs. 0.01 Cr | Rs. 0 Cr | 0 % | 0 % |
| Depreciation | Rs. 0.92 Cr | Rs. 0.83 Cr | Rs. 0.9 Cr | + 8.43 % | -2.17 % |
| Profit before tax | Rs. 0.76 Cr | Rs. 27.46 Cr | Rs. 2.49 Cr | -90.93 % | + 227.63 % |
| Tax % | 0.65 % | 15.01 % | 0.88 % | -14.13 % | + 0.23 % |
| Net Profit | Rs. 0.76 Cr | Rs. 23.34 Cr | Rs. 2.47 Cr | -89.42 % | + 225 % |
| EPS in Rs | Rs. 0.02 | Rs. 0.56 | Rs. 0.1 | -82.14 % | + 400 % |
Today, we’re looking at Shah Metacorp Limited’s financial performance for the Q2(Sep 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 127.55 %. However, it did see a marginal increase of 4.87 % from the previous quarter. Expenses ticked up slightly by 6.91 % quarter-on-quarter, aligning with the annual rise of 120.83 %. Operating profit, while up 364.41 % compared to last year, faced a quarter-on-quarter dip of -20.58 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 2.87 %, but a shrinkage of -1.81 % sequentially. Other income fell by -97.4 % compared to the last quarter, despite an annual decline of -40.57 %. Depreciation costs climbed by 8.43 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -2.17 %. Profit before tax grew annually by 227.63 % but saw a reduction from the preceding quarter by -90.93 %.
Tax expenses as a percentage of profits increased slightly by 0.23 % compared to last year, with a more notable quarter-on-quarter decrease of -14.13 %. Net profit rose by 225 % year-on-year but witnessed a -89.42 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 400 % but a quarterly fall of -82.14 %. 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. 21.333 Cr | Rs. 46.29 Cr | Rs. 48.543 Cr | + 4.87 % | + 127.55 % |
| Expenses | Rs. 20.74 Cr | Rs. 42.84 Cr | Rs. 45.8 Cr | + 6.91 % | + 120.83 % |
| Operating Profit | Rs. 0.59 Cr | Rs. 3.45 Cr | Rs. 2.74 Cr | -20.58 % | + 364.41 % |
| Net Profit | Rs. 0.76 Cr | Rs. 23.34 Cr | Rs. 2.47 Cr | -89.42 % | + 225 % |
| EPS in Rs | Rs. 0.02 | Rs. 0.56 | Rs. 0.1 | -82.14 % | + 400 % |
In reviewing Shah Metacorp Limited’s 2024(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 127.55 % year-on-year growth, however, there was a minor increase of 4.87 % from the previous quarter. Expenses rose by 120.83 % compared to the previous year, with a 6.91 % increase quarter-on-quarter. Operating Profit surged by 364.41 % annually, and saw a -20.58 % decrease from the last quarter.
Net Profit showed yearly increase of 225 %, and experienced a -89.42 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 400 % annually, however dipped by -82.14 % compared to the last quarter. In essence, while Shah Metacorp Limited exhibits strong annual growth indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.
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