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Highlights
- The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company’s sales declined by -12.49 % over the year, substantial increase in net sales/revenue by 1.48 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -70.43 %, Marginal decrease of -93.37% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Shiva Global Agro Industries Limited. Profit dropped by -920.21 % Year to Year, Shiva Global Agro Industries Limited’s profitability increased by 283.2 % in this quarter.
- EPS over the Year and quarter: EPS declined by -653.85 % Year to Year. EPS decreased by -671.43 % 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. 105.989 Cr | Rs. 91.394 Cr | Rs. 92.747 Cr | + 1.48 % | -12.49 % |
Expenses | Rs. 101.68 Cr | Rs. 97.19 Cr | Rs. 93.55 Cr | -3.75 % | -8 % |
Operating Profit | Rs. 4.31 Cr | Rs. -5.8 Cr | Rs. -0.8 Cr | + 86.21 % | -118.56 % |
OPM % | 4.07 % | -6.35 % | -0.86 % | + 5.49 % | -4.93 % |
Other Income | Rs. 0.186 Cr | Rs. 0.83 Cr | Rs. 0.055 Cr | -93.37 % | -70.43 % |
Interest | Rs. 2.99 Cr | Rs. 3.63 Cr | Rs. 2.44 Cr | -32.78 % | -18.39 % |
Depreciation | Rs. 0.72 Cr | Rs. 0.64 Cr | Rs. 0.67 Cr | + 4.69 % | -6.94 % |
Profit before tax | Rs. 0.79 Cr | Rs. -9.24 Cr | Rs. -3.86 Cr | + 58.23 % | -588.61 % |
Tax % | 40.51 % | -89.09 % | -0 % | + 89.09 % | -40.51 % |
Net Profit | Rs. 0.47 Cr | Rs. -1.01 Cr | Rs. -3.86 Cr | -282.18 % | -921.28 % |
EPS in Rs | Rs. 0.65 | Rs. -0.63 | Rs. -3.6 | -471.43 % | -653.85 % |
Today, we’re looking at Shiva Global Agro Industries Limited’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -12.49 %. However, it did see a marginal increase of 1.48 % from the previous quarter. Expenses decreased slightly by -3.75 % quarter-on-quarter, aligning with the annual decline of -8 %. Operating profit, while down -118.56 % compared to last year, faced a quarter-on-quarter increase of 86.21 %, 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 -4.93 %, but an expansion of 5.49 % sequentially. Other income fell by -93.37 % compared to the last quarter, despite an annual decline of -70.43 %. Interest expenses dropped significantly by -32.78 % from the previous quarter, yet the year-over-year decrease remains at a moderate -18.39 %. Depreciation costs climbed by 4.69 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -6.94 %. Profit before tax declined annually by -588.61 % but saw an increase from the preceding quarter by 58.23 %.
Tax expenses as a percentage of profits decreased slightly by -40.51 % compared to last year, with a more notable quarter-on-quarter increase of 89.09 %. Net profit fell by -921.28 % year-on-year but witnessed a -282.18 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -653.85 % but a quarterly fall of -471.43 %. In summary, Shiva Global Agro Industries Limited’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. 105.989 Cr | Rs. 91.394 Cr | Rs. 92.747 Cr | + 1.48 % | -12.49 % |
Expenses | Rs. 101.68 Cr | Rs. 97.19 Cr | Rs. 93.55 Cr | -3.75 % | -8 % |
Operating Profit | Rs. 4.31 Cr | Rs. -5.8 Cr | Rs. -0.8 Cr | + 86.21 % | -118.56 % |
Net Profit | Rs. 0.47 Cr | Rs. -1.01 Cr | Rs. -3.86 Cr | -282.18 % | -921.28 % |
EPS in Rs | Rs. 0.65 | Rs. -0.63 | Rs. -3.6 | -471.43 % | -653.85 % |
In reviewing Shiva Global Agro Industries Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -12.49 % year-on-year, however, there was a minor increase of 1.48 % from the previous quarter. Expenses decreased by -8 % compared to the previous year, with a decrease of -3.75 % quarter-on-quarter. Operating Profit dropped by -118.56 % annually, and saw a 86.21 % increase from the last quarter.
Net Profit showed yearly decrease of -921.28 %, and experienced a -282.18 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -653.85 % annually, however dipped by -471.43 % compared to the last quarter. In essence, while Shiva Global Agro Industries Limited 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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