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Shiva Cement Ltd.’s Quarterly Result and Earnings Report for Q4(Mar 2024) : Sales decreased by 36.27 % in YoY and increased by 47.62 % in QoQ

May 8, 2024May 8, 2024| adminadmin| 0 Comments| 1:15 pm
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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.

The comprehensive analytics outlining the performance and outlook of Shiva Cement 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. 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.

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