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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 31.52 % in the past year, substantial increase in net sales/revenue by 36.69 %.
- 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 14.36 %. Marginal increase in other income during this quarter, up by 4.12%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Shilpa Medicare Ltd.. Profit dropped by -133.67 % Year to Year, Shilpa Medicare Ltd.’s profitability increased by 261.07 % in this quarter.
- EPS over the Year and quarter: EPS declined by -133.63 % Year to Year. EPS increased by 261.29 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 66.495 Cr | Rs. 63.979 Cr | Rs. 87.452 Cr | + 36.69 % | + 31.52 % |
Expenses | Rs. 80.26 Cr | Rs. 67.28 Cr | Rs. 80.49 Cr | + 19.63 % | + 0.29 % |
Operating Profit | Rs. -13.77 Cr | Rs. -3.3 Cr | Rs. 6.96 Cr | + 310.91 % | + 150.54 % |
OPM % | -20.71 % | -5.16 % | 7.96 % | + 13.12 % | + 28.67 % |
Other Income | Rs. 20.33 Cr | Rs. 22.33 Cr | Rs. 23.25 Cr | + 4.12 % | + 14.36 % |
Interest | Rs. 6.61 Cr | Rs. 2.61 Cr | Rs. 2.71 Cr | + 3.83 % | -59 % |
Depreciation | Rs. 11.98 Cr | Rs. 12.39 Cr | Rs. 12.29 Cr | -0.81 % | + 2.59 % |
Profit before tax | Rs. -12.03 Cr | Rs. 4.03 Cr | Rs. 15.21 Cr | + 277.42 % | + 226.43 % |
Tax % | -7.18 % | 30.99 % | 14.77 % | -16.22 % | + 21.95 % |
Net Profit | Rs. -28.93 Cr | Rs. 2.7 Cr | Rs. 9.74 Cr | + 260.74 % | + 133.67 % |
EPS in Rs | Rs. -3.33 | Rs. 0.31 | Rs. 1.12 | + 261.29 % | + 133.63 % |
Today, we’re looking at Shilpa Medicare 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 31.52 %. However, it did see a marginal increase of 36.69 % from the previous quarter. Expenses ticked up slightly by 19.63 % quarter-on-quarter, aligning with the annual rise of 0.29 %. Operating profit, while up 150.54 % compared to last year, faced a quarter-on-quarter increase of 310.91 %, 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 28.67 %, but an expansion of 13.12 % sequentially. Other income rose by 4.12 % compared to the last quarter, despite an annual growth of 14.36 %. Interest expenses surged remarkably by 3.83 % from the previous quarter, yet the year-over-year decrease remains at a moderate -59 %. Depreciation costs fell by -0.81 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 2.59 %. Profit before tax grew annually by 226.43 % but saw an increase from the preceding quarter by 277.42 %.
Tax expenses as a percentage of profits increased slightly by 21.95 % compared to last year, with a more notable quarter-on-quarter decrease of -16.22 %. Net profit rose by 133.67 % year-on-year but experienced a 260.74 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 133.63 % but a quarterly rise of 261.29 %. In summary, Shilpa Medicare 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. 66.495 Cr | Rs. 63.979 Cr | Rs. 87.452 Cr | + 36.69 % | + 31.52 % |
Expenses | Rs. 80.26 Cr | Rs. 67.28 Cr | Rs. 80.49 Cr | + 19.63 % | + 0.29 % |
Operating Profit | Rs. -13.77 Cr | Rs. -3.3 Cr | Rs. 6.96 Cr | + 310.91 % | + 150.54 % |
Net Profit | Rs. -28.93 Cr | Rs. 2.7 Cr | Rs. 9.74 Cr | + 260.74 % | + 133.67 % |
EPS in Rs | Rs. -3.33 | Rs. 0.31 | Rs. 1.12 | + 261.29 % | + 133.63 % |
In reviewing Shilpa Medicare Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 31.52 % year-on-year growth, however, there was a minor increase of 36.69 % from the previous quarter. Expenses rose by 0.29 % compared to the previous year, with a 19.63 % increase quarter-on-quarter. Operating Profit surged by 150.54 % annually, and saw a 310.91 % increase from the last quarter.
Net Profit showed yearly increase of 133.67 %, and experienced a 260.74 % increase from the previous quarter. Earnings Per Share (EPS) rose by 133.63 % annually, however rose by 261.29 % compared to the last quarter. In essence, while Shilpa Medicare 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.