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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 21.49 % in the past year, substantial increase in net sales/revenue by 12.79 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -38.77 %, Marginal increase in other income during this quarter, up by 61.63%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Shalimar Paints Ltd.. Profit dropped by -23.42 % Year to Year, Shalimar Paints Ltd.’s profitability dropped by -27.44 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -34.08 % Year to Year. EPS decreased by -27.55 % 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. 119.14 Cr | Rs. 128.33 Cr | Rs. 144.74 Cr | + 12.79 % | + 21.49 % |
Expenses | Rs. 139.23 Cr | Rs. 149.51 Cr | Rs. 157.57 Cr | + 5.39 % | + 13.17 % |
Operating Profit | Rs. -20.09 Cr | Rs. -21.18 Cr | Rs. -12.83 Cr | + 39.42 % | + 36.14 % |
OPM % | -16.86 % | -16.5 % | -8.86 % | + 7.64 % | + 8 % |
Other Income | Rs. 2.27 Cr | Rs. 0.86 Cr | Rs. 1.39 Cr | + 61.63 % | -38.77 % |
Interest | Rs. 4.33 Cr | Rs. 2.88 Cr | Rs. 4.39 Cr | + 52.43 % | + 1.39 % |
Depreciation | Rs. 3.47 Cr | Rs. 3.84 Cr | Rs. 3.79 Cr | -1.3 % | + 9.22 % |
Profit before tax | Rs. -25.62 Cr | Rs. -27.04 Cr | Rs. -19.62 Cr | + 27.44 % | + 23.42 % |
Tax % | -0 % | -0 % | -0 % | 0 % | 0 % |
Net Profit | Rs. -25.62 Cr | Rs. -27.04 Cr | Rs. -19.62 Cr | + 27.44 % | + 23.42 % |
EPS in Rs | Rs. -3.55 | Rs. -3.23 | Rs. -2.34 | + 27.55 % | + 34.08 % |
Today, we’re looking at Shalimar Paints Ltd.’s financial performance for the Q2(Sep 2024-25).Starting with the top line, the company reported a robust year-over-year sales growth of 21.49 %. However, it did see a marginal increase of 12.79 % from the previous quarter. Expenses ticked up slightly by 5.39 % quarter-on-quarter, aligning with the annual rise of 13.17 %. Operating profit, while up 36.14 % compared to last year, faced a quarter-on-quarter increase of 39.42 %, 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 8 %, but an expansion of 7.64 % sequentially. Other income rose by 61.63 % compared to the last quarter, despite an annual decline of -38.77 %. Interest expenses surged remarkably by 52.43 % from the previous quarter, yet the year-over-year increase remains at a moderate 1.39 %. Depreciation costs fell by -1.3 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 9.22 %. Profit before tax grew annually by 23.42 % but saw an increase from the preceding quarter by 27.44 %.
Net profit rose by 23.42 % year-on-year but experienced a 27.44 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 34.08 % but a quarterly rise of 27.55 %. In summary, Shalimar Paints 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. 119.14 Cr | Rs. 128.33 Cr | Rs. 144.74 Cr | + 12.79 % | + 21.49 % |
Expenses | Rs. 139.23 Cr | Rs. 149.51 Cr | Rs. 157.57 Cr | + 5.39 % | + 13.17 % |
Operating Profit | Rs. -20.09 Cr | Rs. -21.18 Cr | Rs. -12.83 Cr | + 39.42 % | + 36.14 % |
Net Profit | Rs. -25.62 Cr | Rs. -27.04 Cr | Rs. -19.62 Cr | + 27.44 % | + 23.42 % |
EPS in Rs | Rs. -3.55 | Rs. -3.23 | Rs. -2.34 | + 27.55 % | + 34.08 % |
In reviewing Shalimar Paints Ltd.’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 21.49 % year-on-year growth, however, there was a minor increase of 12.79 % from the previous quarter. Expenses rose by 13.17 % compared to the previous year, with a 5.39 % increase quarter-on-quarter. Operating Profit surged by 36.14 % annually, and saw a 39.42 % increase from the last quarter.
Net Profit showed yearly increase of 23.42 %, and experienced a 27.44 % increase from the previous quarter. Earnings Per Share (EPS) rose by 34.08 % annually, however rose by 27.55 % compared to the last quarter. In essence, while Shalimar Paints 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.
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