Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 7.45 % in the past year, substantial increase in net sales/revenue by 12.04 %.
- 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 408.64 %. Marginal increase in other income during this quarter, up by 154.32%.
- Profit over the Year and quarter: Significant improvement in profitability for Shankara Building Products Limited. Notable increase of 31.29 % in net profit Year to Year, Shankara Building Products Limited’s profitability increased by 6.74 % in this quarter.
- EPS over the Year and quarter: EPS increased by 24.05 % Year to Year. EPS increased by 4.29 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 1229.79 Cr | Rs. 1179.44 Cr | Rs. 1321.4 Cr | + 12.04 % | + 7.45 % |
| Expenses | Rs. 1201.11 Cr | Rs. 1145.04 Cr | Rs. 1286.95 Cr | + 12.39 % | + 7.15 % |
| Operating Profit | Rs. 28.68 Cr | Rs. 34.4 Cr | Rs. 34.45 Cr | + 0.15 % | + 20.12 % |
| OPM % | 2.33 % | 2.92 % | 2.61 % | -0.31 % | + 0.28 % |
| Other Income | Rs. 0.81 Cr | Rs. 1.62 Cr | Rs. 4.12 Cr | + 154.32 % | + 408.64 % |
| Interest | Rs. 5.6 Cr | Rs. 8.1 Cr | Rs. 8.96 Cr | + 10.62 % | + 60 % |
| Depreciation | Rs. 2.56 Cr | Rs. 2.44 Cr | Rs. 2.39 Cr | -2.05 % | -6.64 % |
| Profit before tax | Rs. 21.33 Cr | Rs. 25.48 Cr | Rs. 27.22 Cr | + 6.83 % | + 27.61 % |
| Tax % | 26.44 % | 24.25 % | 24.32 % | + 0.07 % | -2.12 % |
| Net Profit | Rs. 15.69 Cr | Rs. 19.3 Cr | Rs. 20.6 Cr | + 6.74 % | + 31.29 % |
| EPS in Rs | Rs. 6.86 | Rs. 8.16 | Rs. 8.51 | + 4.29 % | + 24.05 % |
Today, we’re looking at Shankara Building Products Limited’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 7.45 %. However, it did see a marginal increase of 12.04 % from the previous quarter. Expenses ticked up slightly by 12.39 % quarter-on-quarter, aligning with the annual rise of 7.15 %. Operating profit, while up 20.12 % compared to last year, faced a quarter-on-quarter increase of 0.15 %, 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 0.28 %, but a shrinkage of -0.31 % sequentially. Other income rose by 154.32 % compared to the last quarter, despite an annual growth of 408.64 %. Interest expenses surged remarkably by 10.62 % from the previous quarter, yet the year-over-year increase remains at a moderate 60 %. Depreciation costs fell by -2.05 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -6.64 %. Profit before tax grew annually by 27.61 % but saw an increase from the preceding quarter by 6.83 %.
Tax expenses as a percentage of profits decreased slightly by -2.12 % compared to last year, with a more notable quarter-on-quarter increase of 0.07 %. Net profit rose by 31.29 % year-on-year but experienced a 6.74 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 24.05 % but a quarterly rise of 4.29 %. In summary, Shankara Building Products 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. 1229.79 Cr | Rs. 1179.44 Cr | Rs. 1321.4 Cr | + 12.04 % | + 7.45 % |
| Expenses | Rs. 1201.11 Cr | Rs. 1145.04 Cr | Rs. 1286.95 Cr | + 12.39 % | + 7.15 % |
| Operating Profit | Rs. 28.68 Cr | Rs. 34.4 Cr | Rs. 34.45 Cr | + 0.15 % | + 20.12 % |
| Net Profit | Rs. 15.69 Cr | Rs. 19.3 Cr | Rs. 20.6 Cr | + 6.74 % | + 31.29 % |
| EPS in Rs | Rs. 6.86 | Rs. 8.16 | Rs. 8.51 | + 4.29 % | + 24.05 % |
In reviewing Shankara Building Products Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 7.45 % year-on-year growth, however, there was a minor increase of 12.04 % from the previous quarter. Expenses rose by 7.15 % compared to the previous year, with a 12.39 % increase quarter-on-quarter. Operating Profit surged by 20.12 % annually, and saw a 0.15 % increase from the last quarter.
Net Profit showed yearly increase of 31.29 %, and experienced a 6.74 % increase from the previous quarter. Earnings Per Share (EPS) rose by 24.05 % annually, however rose by 4.29 % compared to the last quarter. In essence, while Shankara Building Products 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.
