Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 26.81 % in the past year, substantial increase in net sales/revenue by 7.65 %.
- 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 22.66 %. Marginal increase in other income during this quarter, up by 45.37%.
- Profit over the Year and quarter: Significant improvement in profitability for Shaily Engineering Plastics Ltd.. Notable increase of 94.73 % in net profit Year to Year, Shaily Engineering Plastics Ltd.’s profitability increased by 33.14 % in this quarter.
- EPS over the Year and quarter: EPS declined by -61.00 % Year to Year. EPS increased by 33.12 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 134.497 Cr | Rs. 158.438 Cr | Rs. 170.559 Cr | + 7.65 % | + 26.81 % |
| Expenses | Rs. 109.29 Cr | Rs. 126.55 Cr | Rs. 135.86 Cr | + 7.36 % | + 24.31 % |
| Operating Profit | Rs. 25.21 Cr | Rs. 31.89 Cr | Rs. 34.7 Cr | + 8.81 % | + 37.64 % |
| OPM % | 18.74 % | 20.13 % | 20.34 % | + 0.21 % | + 1.6 % |
| Other Income | Rs. 1.28 Cr | Rs. 1.08 Cr | Rs. 1.57 Cr | + 45.37 % | + 22.66 % |
| Interest | Rs. 4.89 Cr | Rs. 5 Cr | Rs. 4.7 Cr | -6 % | -3.89 % |
| Depreciation | Rs. 9.86 Cr | Rs. 9.41 Cr | Rs. 10 Cr | + 6.27 % | + 1.42 % |
| Profit before tax | Rs. 11.74 Cr | Rs. 18.56 Cr | Rs. 21.57 Cr | + 16.22 % | + 83.73 % |
| Tax % | 15.37 % | 21.72 % | 10.36 % | -11.36 % | -5.01 % |
| Net Profit | Rs. 9.93 Cr | Rs. 14.52 Cr | Rs. 19.34 Cr | + 33.2 % | + 94.76 % |
| EPS in Rs | Rs. 10.82 | Rs. 3.15 | Rs. 4.22 | + 33.97 % | -61 % |
Today, we’re looking at Shaily Engineering Plastics 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 26.81 %. However, it did see a marginal increase of 7.65 % from the previous quarter. Expenses ticked up slightly by 7.36 % quarter-on-quarter, aligning with the annual rise of 24.31 %. Operating profit, while up 37.64 % compared to last year, faced a quarter-on-quarter increase of 8.81 %, 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 1.6 %, but an expansion of 0.21 % sequentially. Other income rose by 45.37 % compared to the last quarter, despite an annual growth of 22.66 %. Interest expenses dropped significantly by -6 % from the previous quarter, yet the year-over-year decrease remains at a moderate -3.89 %. Depreciation costs climbed by 6.27 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 1.42 %. Profit before tax grew annually by 83.73 % but saw an increase from the preceding quarter by 16.22 %.
Tax expenses as a percentage of profits decreased slightly by -5.01 % compared to last year, with a more notable quarter-on-quarter decrease of -11.36 %. Net profit rose by 94.76 % year-on-year but experienced a 33.2 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -61 % but a quarterly rise of 33.97 %. In summary, Shaily Engineering Plastics 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. 134.497 Cr | Rs. 158.438 Cr | Rs. 170.559 Cr | + 7.65 % | + 26.81 % |
| Expenses | Rs. 109.29 Cr | Rs. 126.55 Cr | Rs. 135.86 Cr | + 7.36 % | + 24.31 % |
| Operating Profit | Rs. 25.21 Cr | Rs. 31.89 Cr | Rs. 34.7 Cr | + 8.81 % | + 37.64 % |
| Net Profit | Rs. 9.93 Cr | Rs. 14.52 Cr | Rs. 19.34 Cr | + 33.2 % | + 94.76 % |
| EPS in Rs | Rs. 10.82 | Rs. 3.15 | Rs. 4.22 | + 33.97 % | -61 % |
In reviewing Shaily Engineering Plastics Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 26.81 % year-on-year growth, however, there was a minor increase of 7.65 % from the previous quarter. Expenses rose by 24.31 % compared to the previous year, with a 7.36 % increase quarter-on-quarter. Operating Profit surged by 37.64 % annually, and saw a 8.81 % increase from the last quarter.
Net Profit showed yearly increase of 94.76 %, and experienced a 33.2 % increase from the previous quarter. Earnings Per Share (EPS) fell by -61 % annually, however rose by 33.97 % compared to the last quarter. In essence, while Shaily Engineering Plastics 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.
