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Shilchar Technologies ‘s Q2 Financial results: Revenue Grows by 22.85% YoY

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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.

The comprehensive analytics outlining the performance and outlook of Shilchar Technologies Ltd.‘s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

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.

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