Highlights
- Sales over the Year and quarter: The company’s sales declined by -36.27 % over the year, substantial increase in net sales/revenue by 47.62 %.
- 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 118.42 %. Marginal increase in other income during this quarter, up by 29.69%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Shiva Cement Ltd.. Profit dropped by -117.55 % Year to Year, Shiva Cement Ltd.’s profitability dropped by -63.58 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -103.96 % Year to Year. EPS decreased by -63.25 % 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. 226.655 Cr | Rs. 97.851 Cr | Rs. 144.45 Cr | + 47.62 % | -36.27 % |
| Expenses | Rs. 182.79 Cr | Rs. 92.65 Cr | Rs. 119.73 Cr | + 29.23 % | -34.5 % |
| Operating Profit | Rs. 43.87 Cr | Rs. 5.2 Cr | Rs. 24.72 Cr | + 375.38 % | -43.65 % |
| OPM % | 19.36 % | 5.31 % | 17.11 % | + 11.8 % | -2.25 % |
| Other Income | Rs. 0.38 Cr | Rs. 0.64 Cr | Rs. 0.83 Cr | + 29.69 % | + 118.42 % |
| Interest | Rs. 1.18 Cr | Rs. 38.23 Cr | Rs. 30.4 Cr | -20.48 % | + 2476.27 % |
| Depreciation | Rs. 1.63 Cr | Rs. 11.43 Cr | Rs. 10.42 Cr | -8.84 % | + 539.26 % |
| Profit before tax | Rs. 41.44 Cr | Rs. -43.82 Cr | Rs. -15.27 Cr | + 65.15 % | -136.85 % |
| Tax % | 0 % | -25.99 % | -22.63 % | + 3.36 % | -22.63 % |
| Net Profit | Rs. 67.29 Cr | Rs. -32.43 Cr | Rs. -11.81 Cr | + 63.58 % | -117.55 % |
| EPS in Rs | Rs. 15.39 | Rs. -1.66 | Rs. -0.61 | + 63.25 % | -103.96 % |
Today, we’re looking at Shiva Cement Ltd.’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -36.27 %. However, it did see a marginal increase of 47.62 % from the previous quarter. Expenses ticked up slightly by 29.23 % quarter-on-quarter, aligning with the annual decline of -34.5 %. Operating profit, while down -43.65 % compared to last year, faced a quarter-on-quarter increase of 375.38 %, 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 -2.25 %, but an expansion of 11.8 % sequentially. Other income rose by 29.69 % compared to the last quarter, despite an annual growth of 118.42 %. Interest expenses dropped significantly by -20.48 % from the previous quarter, yet the year-over-year increase remains at a moderate 2476.27 %. Depreciation costs fell by -8.84 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 539.26 %. Profit before tax declined annually by -136.85 % but saw an increase from the preceding quarter by 65.15 %.
Tax expenses as a percentage of profits decreased slightly by -22.63 % compared to last year, with a more notable quarter-on-quarter increase of 3.36 %. Net profit fell by -117.55 % year-on-year but experienced a 63.58 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -103.96 % but a quarterly rise of 63.25 %. 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. 226.655 Cr | Rs. 97.851 Cr | Rs. 144.45 Cr | + 47.62 % | -36.27 % |
| Expenses | Rs. 182.79 Cr | Rs. 92.65 Cr | Rs. 119.73 Cr | + 29.23 % | -34.5 % |
| Operating Profit | Rs. 43.87 Cr | Rs. 5.2 Cr | Rs. 24.72 Cr | + 375.38 % | -43.65 % |
| Net Profit | Rs. 67.29 Cr | Rs. -32.43 Cr | Rs. -11.81 Cr | + 63.58 % | -117.55 % |
| EPS in Rs | Rs. 15.39 | Rs. -1.66 | Rs. -0.61 | + 63.25 % | -103.96 % |
In reviewing Shiva Cement Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -36.27 % year-on-year, however, there was a minor increase of 47.62 % from the previous quarter. Expenses decreased by -34.5 % compared to the previous year, with a 29.23 % increase quarter-on-quarter. Operating Profit dropped by -43.65 % annually, and saw a 375.38 % increase from the last quarter.
Net Profit showed yearly decrease of -117.55 %, and experienced a 63.58 % increase from the previous quarter. Earnings Per Share (EPS) fell by -103.96 % annually, however rose by 63.25 % compared to the last quarter. In essence, while Shiva Cement Ltd. faces strong annual decline 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.
