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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: decrease in net sales/revenue by -33.12 %.
- 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 2177.14 %. Marginal decrease of -3.86% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Shiva Cement Ltd.. Notable increase of 365.03 % in net profit Year to Year, Shiva Cement Ltd.’s profitability increased by 83.31 % in this quarter.
- EPS over the Year and quarter: EPS increased by 354.17 % Year to Year. EPS increased by 78.69 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 0 Cr | Rs. 144.45 Cr | Rs. 96.609 Cr | -33.12 % | 0 % |
Expenses | Rs. 2.89 Cr | Rs. 119.73 Cr | Rs. 87.71 Cr | -26.74 % | + 2934.95 % |
Operating Profit | Rs. -2.89 Cr | Rs. 24.72 Cr | Rs. 8.9 Cr | -64 % | + 407.96 % |
OPM % | 0 % | 17.11 % | 9.21 % | -7.9 % | + 9.21 % |
Other Income | Rs. 0.035 Cr | Rs. 0.829 Cr | Rs. 0.797 Cr | -3.86 % | + 2177.14 % |
Interest | Rs. 1.7 Cr | Rs. 30.4 Cr | Rs. 28.15 Cr | -7.4 % | + 1555.88 % |
Depreciation | Rs. 1.77 Cr | Rs. 10.42 Cr | Rs. 10.8 Cr | + 3.65 % | + 510.17 % |
Profit before tax | Rs. -6.33 Cr | Rs. -15.27 Cr | Rs. -29.25 Cr | -91.55 % | -362.09 % |
Tax % | -26.31 % | -22.63 % | -25.98 % | -3.35 % | + 0.33 % |
Net Profit | Rs. -4.66 Cr | Rs. -11.81 Cr | Rs. -21.65 Cr | -83.32 % | -364.59 % |
EPS in Rs | Rs. -0.24 | Rs. -0.61 | Rs. -1.09 | -78.69 % | -354.17 % |
Today, we’re looking at Shiva Cement Ltd.’s financial performance for the Q1(Jun 2024).However, it did see a marginal slip of -33.12 % from the previous quarter. Expenses decreased slightly by -26.74 % quarter-on-quarter, aligning with the annual rise of 2934.95 %. Operating profit, while up 407.96 % compared to last year, faced a quarter-on-quarter dip of -64 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 9.21 %, but a shrinkage of -7.9 % sequentially. Other income fell by -3.86 % compared to the last quarter, despite an annual growth of 2177.14 %. Interest expenses dropped significantly by -7.4 % from the previous quarter, yet the year-over-year increase remains at a moderate 1555.88 %. Depreciation costs climbed by 3.65 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 510.17 %. Profit before tax declined annually by -362.09 % but saw a reduction from the preceding quarter by -91.55 %.
Tax expenses as a percentage of profits increased slightly by 0.33 % compared to last year, with a more notable quarter-on-quarter decrease of -3.35 %. Net profit fell by -364.59 % year-on-year but witnessed a -83.32 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -354.17 % but a quarterly fall of -78.69 %. In summary, Shiva Cement 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. 0 Cr | Rs. 144.45 Cr | Rs. 96.609 Cr | -33.12 % | 0 % |
Expenses | Rs. 2.89 Cr | Rs. 119.73 Cr | Rs. 87.71 Cr | -26.74 % | + 2934.95 % |
Operating Profit | Rs. -2.89 Cr | Rs. 24.72 Cr | Rs. 8.9 Cr | -64 % | + 407.96 % |
Net Profit | Rs. -4.66 Cr | Rs. -11.81 Cr | Rs. -21.65 Cr | -83.32 % | -364.59 % |
EPS in Rs | Rs. -0.24 | Rs. -0.61 | Rs. -1.09 | -78.69 % | -354.17 % |
In reviewing Shiva Cement Ltd.’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.although there was a slight dip of -33.12 % from the previous quarter. Expenses rose by 2934.95 % compared to the previous year, with a decrease of -26.74 % quarter-on-quarter. Operating Profit surged by 407.96 % annually, and saw a -64 % decrease from the last quarter.
Net Profit showed yearly decrease of -364.59 %, and experienced a -83.32 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -354.17 % annually, however dipped by -78.69 % compared to the last quarter. In essence, while Shiva Cement 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.
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