Share the post "Shilchar Technologies ‘s Q2 Financial results: Revenue Grows by 22.85% YoY"
Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 22.85 % in the past year, substantial increase in net sales/revenue by 22.03 %.
- 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 4.22 %. Marginal increase in other income during this quarter, up by 11.63%.
- Profit over the Year and quarter: Significant improvement in profitability for Shilchar Technologies Ltd.. Notable increase of 34.19 % in net profit Year to Year, Shilchar Technologies Ltd.’s profitability increased by 36.51 % in this quarter.
- EPS over the Year and quarter: EPS increased by 34.17 % Year to Year. EPS increased by 36.51 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 106.275 Cr | Rs. 106.988 Cr | Rs. 130.561 Cr | + 22.03 % | + 22.85 % |
Expenses | Rs. 76.59 Cr | Rs. 77.5 Cr | Rs. 89.63 Cr | + 15.65 % | + 17.03 % |
Operating Profit | Rs. 29.69 Cr | Rs. 29.49 Cr | Rs. 40.93 Cr | + 38.79 % | + 37.86 % |
OPM % | 27.94 % | 27.56 % | 31.35 % | + 3.79 % | + 3.41 % |
Other Income | Rs. 3.629 Cr | Rs. 3.388 Cr | Rs. 3.782 Cr | + 11.63 % | + 4.22 % |
Interest | Rs. 0.07 Cr | Rs. 0.08 Cr | Rs. 0.11 Cr | + 37.5 % | + 57.14 % |
Depreciation | Rs. 0.64 Cr | Rs. 0.69 Cr | Rs. 0.79 Cr | + 14.49 % | + 23.44 % |
Profit before tax | Rs. 32.61 Cr | Rs. 32.11 Cr | Rs. 43.81 Cr | + 36.44 % | + 34.35 % |
Tax % | 25.17 % | 25.31 % | 25.28 % | -0.03 % | + 0.11 % |
Net Profit | Rs. 24.4 Cr | Rs. 23.98 Cr | Rs. 32.74 Cr | + 36.53 % | + 34.18 % |
EPS in Rs | Rs. 31.99 | Rs. 31.44 | Rs. 42.92 | + 36.51 % | + 34.17 % |
Today, we’re looking at Shilchar Technologies 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 22.85 %. However, it did see a marginal increase of 22.03 % from the previous quarter. Expenses ticked up slightly by 15.65 % quarter-on-quarter, aligning with the annual rise of 17.03 %. Operating profit, while up 37.86 % compared to last year, faced a quarter-on-quarter increase of 38.79 %, 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 3.41 %, but an expansion of 3.79 % sequentially. Other income rose by 11.63 % compared to the last quarter, despite an annual growth of 4.22 %. Interest expenses surged remarkably by 37.5 % from the previous quarter, yet the year-over-year increase remains at a moderate 57.14 %. Depreciation costs climbed by 14.49 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 23.44 %. Profit before tax grew annually by 34.35 % but saw an increase from the preceding quarter by 36.44 %.
Tax expenses as a percentage of profits increased slightly by 0.11 % compared to last year, with a more notable quarter-on-quarter decrease of -0.03 %. Net profit rose by 34.18 % year-on-year but experienced a 36.53 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 34.17 % but a quarterly rise of 36.51 %. In summary, Shilchar Technologies 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. 106.275 Cr | Rs. 106.988 Cr | Rs. 130.561 Cr | + 22.03 % | + 22.85 % |
Expenses | Rs. 76.59 Cr | Rs. 77.5 Cr | Rs. 89.63 Cr | + 15.65 % | + 17.03 % |
Operating Profit | Rs. 29.69 Cr | Rs. 29.49 Cr | Rs. 40.93 Cr | + 38.79 % | + 37.86 % |
Net Profit | Rs. 24.4 Cr | Rs. 23.98 Cr | Rs. 32.74 Cr | + 36.53 % | + 34.18 % |
EPS in Rs | Rs. 31.99 | Rs. 31.44 | Rs. 42.92 | + 36.51 % | + 34.17 % |
In reviewing Shilchar Technologies Ltd.’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 22.85 % year-on-year growth, however, there was a minor increase of 22.03 % from the previous quarter. Expenses rose by 17.03 % compared to the previous year, with a 15.65 % increase quarter-on-quarter. Operating Profit surged by 37.86 % annually, and saw a 38.79 % increase from the last quarter.
Net Profit showed yearly increase of 34.18 %, and experienced a 36.53 % increase from the previous quarter. Earnings Per Share (EPS) rose by 34.17 % annually, however rose by 36.51 % compared to the last quarter. In essence, while Shilchar Technologies 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.
[my_shortcode1 values=”Shilchar Technologies Ltd.”]