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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 401.98 % in the past year, decrease in net sales/revenue by -6.85 %.
- 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 448.15 %. Marginal increase in other income during this quarter, up by 248.24%.
- Profit over the Year and quarter: Significant improvement in profitability for Shakti Pumps (India) Limited. Notable increase of 9203.21 % in net profit Year to Year, Shakti Pumps (India) Limited’s profitability increased by 3.35 % in this quarter.
- EPS over the Year and quarter: EPS increased by 8,462.96 % Year to Year. EPS decreased by -4.97 % 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. 113.064 Cr | Rs. 609.276 Cr | Rs. 567.56 Cr | -6.85 % | + 401.98 % |
| Expenses | Rs. 105.14 Cr | Rs. 478.54 Cr | Rs. 431.7 Cr | -9.79 % | + 310.6 % |
| Operating Profit | Rs. 7.92 Cr | Rs. 130.74 Cr | Rs. 135.86 Cr | + 3.92 % | + 1615.4 % |
| OPM % | 7 % | 21.46 % | 23.94 % | + 2.48 % | + 16.94 % |
| Other Income | Rs. 0.54 Cr | Rs. 0.85 Cr | Rs. 2.96 Cr | + 248.24 % | + 448.15 % |
| Interest | Rs. 3.11 Cr | Rs. 7.74 Cr | Rs. 8.47 Cr | + 9.43 % | + 172.35 % |
| Depreciation | Rs. 4.63 Cr | Rs. 4.81 Cr | Rs. 4.77 Cr | -0.83 % | + 3.02 % |
| Profit before tax | Rs. 0.72 Cr | Rs. 119.04 Cr | Rs. 125.58 Cr | + 5.49 % | + 17341.67 % |
| Tax % | 37.38 % | 24.68 % | 26.21 % | + 1.53 % | -11.17 % |
| Net Profit | Rs. 1 Cr | Rs. 89.66 Cr | Rs. 92.66 Cr | + 3.35 % | + 9166 % |
| EPS in Rs | Rs. 0.54 | Rs. 48.66 | Rs. 46.24 | -4.97 % | + 8462.96 % |
Today, we’re looking at Shakti Pumps (India) 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 401.98 %. However, it did see a marginal slip of -6.85 % from the previous quarter. Expenses decreased slightly by -9.79 % quarter-on-quarter, aligning with the annual rise of 310.6 %. Operating profit, while up 1615.4 % compared to last year, faced a quarter-on-quarter increase of 3.92 %, 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 16.94 %, but an expansion of 2.48 % sequentially. Other income rose by 248.24 % compared to the last quarter, despite an annual growth of 448.15 %. Interest expenses surged remarkably by 9.43 % from the previous quarter, yet the year-over-year increase remains at a moderate 172.35 %. Depreciation costs fell by -0.83 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 3.02 %. Profit before tax grew annually by 17341.67 % but saw an increase from the preceding quarter by 5.49 %.
Tax expenses as a percentage of profits decreased slightly by -11.17 % compared to last year, with a more notable quarter-on-quarter increase of 1.53 %. Net profit rose by 9166 % year-on-year but experienced a 3.35 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 8462.96 % but a quarterly fall of -4.97 %. In summary, Shakti Pumps (India) 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. 113.064 Cr | Rs. 609.276 Cr | Rs. 567.56 Cr | -6.85 % | + 401.98 % |
| Expenses | Rs. 105.14 Cr | Rs. 478.54 Cr | Rs. 431.7 Cr | -9.79 % | + 310.6 % |
| Operating Profit | Rs. 7.92 Cr | Rs. 130.74 Cr | Rs. 135.86 Cr | + 3.92 % | + 1615.4 % |
| Net Profit | Rs. 1 Cr | Rs. 89.66 Cr | Rs. 92.66 Cr | + 3.35 % | + 9166 % |
| EPS in Rs | Rs. 0.54 | Rs. 48.66 | Rs. 46.24 | -4.97 % | + 8462.96 % |
In reviewing Shakti Pumps (India) Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 401.98 % year-on-year growth, although there was a slight dip of -6.85 % from the previous quarter. Expenses rose by 310.6 % compared to the previous year, with a decrease of -9.79 % quarter-on-quarter. Operating Profit surged by 1615.4 % annually, and saw a 3.92 % increase from the last quarter.
Net Profit showed yearly increase of 9166 %, and experienced a 3.35 % increase from the previous quarter. Earnings Per Share (EPS) rose by 8462.96 % annually, however dipped by -4.97 % compared to the last quarter. In essence, while Shakti Pumps (India) 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.
