Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 1.54 % in the past year, substantial increase in net sales/revenue by 12.78 %.
- 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 911.76 %. Marginal decrease of -28.63% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Shilp Gravures Ltd.. Profit dropped by -3.82 % Year to Year, Shilp Gravures Ltd.’s profitability dropped by -46.78 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -3.64 % Year to Year. EPS decreased by -46.64 % 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. 22.076 Cr | Rs. 19.876 Cr | Rs. 22.417 Cr | + 12.78 % | + 1.54 % |
| Expenses | Rs. 18.74 Cr | Rs. 17.77 Cr | Rs. 19.93 Cr | + 12.16 % | + 6.35 % |
| Operating Profit | Rs. 3.34 Cr | Rs. 2.11 Cr | Rs. 2.49 Cr | + 18.01 % | -25.45 % |
| OPM % | 15.13 % | 10.62 % | 11.11 % | + 0.49 % | -4.02 % |
| Other Income | Rs. 0.17 Cr | Rs. 2.41 Cr | Rs. 1.72 Cr | -28.63 % | + 911.76 % |
| Interest | Rs. 0.1 Cr | Rs. 0.08 Cr | Rs. 0.08 Cr | + 0 % | -20 % |
| Depreciation | Rs. 1.2 Cr | Rs. 1.22 Cr | Rs. 1.25 Cr | + 2.46 % | + 4.17 % |
| Profit before tax | Rs. 2.21 Cr | Rs. 3.22 Cr | Rs. 2.88 Cr | -10.56 % | + 30.32 % |
| Tax % | 31.11 % | 14.49 % | 49.09 % | + 34.6 % | + 17.98 % |
| Net Profit | Rs. 1.52 Cr | Rs. 2.75 Cr | Rs. 1.46 Cr | -46.91 % | -3.95 % |
| EPS in Rs | Rs. 2.47 | Rs. 4.46 | Rs. 2.38 | -46.64 % | -3.64 % |
Today, we’re looking at Shilp Gravures Ltd.’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 1.54 %. However, it did see a marginal increase of 12.78 % from the previous quarter. Expenses ticked up slightly by 12.16 % quarter-on-quarter, aligning with the annual rise of 6.35 %. Operating profit, while down -25.45 % compared to last year, faced a quarter-on-quarter increase of 18.01 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -4.02 %, but an expansion of 0.49 % sequentially. Other income fell by -28.63 % compared to the last quarter, despite an annual growth of 911.76 %. Interest expenses surged remarkably by 0 % from the previous quarter, yet the year-over-year decrease remains at a moderate -20 %. Depreciation costs climbed by 2.46 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 4.17 %. Profit before tax grew annually by 30.32 % but saw a reduction from the preceding quarter by -10.56 %.
Tax expenses as a percentage of profits increased slightly by 17.98 % compared to last year, with a more notable quarter-on-quarter increase of 34.6 %. Net profit fell by -3.95 % year-on-year but witnessed a -46.91 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -3.64 % but a quarterly fall of -46.64 %. In summary, Shilp Gravures 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. 22.076 Cr | Rs. 19.876 Cr | Rs. 22.417 Cr | + 12.78 % | + 1.54 % |
| Expenses | Rs. 18.74 Cr | Rs. 17.77 Cr | Rs. 19.93 Cr | + 12.16 % | + 6.35 % |
| Operating Profit | Rs. 3.34 Cr | Rs. 2.11 Cr | Rs. 2.49 Cr | + 18.01 % | -25.45 % |
| Net Profit | Rs. 1.52 Cr | Rs. 2.75 Cr | Rs. 1.46 Cr | -46.91 % | -3.95 % |
| EPS in Rs | Rs. 2.47 | Rs. 4.46 | Rs. 2.38 | -46.64 % | -3.64 % |
In reviewing Shilp Gravures Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 1.54 % year-on-year growth, however, there was a minor increase of 12.78 % from the previous quarter. Expenses rose by 6.35 % compared to the previous year, with a 12.16 % increase quarter-on-quarter. Operating Profit dropped by -25.45 % annually, and saw a 18.01 % increase from the last quarter.
Net Profit showed yearly decrease of -3.95 %, and experienced a -46.91 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -3.64 % annually, however dipped by -46.64 % compared to the last quarter. In essence, while Shilp Gravures Ltd. faces strong annual decline indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.
