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Shiva Mills : Q4 2024 Financial Quarterly Report : YoY Sales Up 26.09 %, QoQ Up 33.52 %

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Highlights

  • Sales over the Year and quarter: The company experienced a substantial growth of 26.09 % in the past year, substantial increase in net sales/revenue by 33.52 %.
  • Income over the Year and quarter: There has been decline in other income over the past year which is -44.3 %, Marginal increase in other income during this quarter, up by 450%.
  • Profit over the Year and quarter: Challenges in sustaining profitability for Shiva Mills Limited. Profit dropped by -123.58 % Year to Year, Shiva Mills Limited’s profitability dropped by -148.64 % Quarter to Quarter.
  • EPS over the Year and quarter: EPS declined by -123.74 % Year to Year. EPS decreased by -149.06 % in previous quarter. Analysis needed for shareholder value.

The comprehensive analytics outlining the performance and outlook of Shiva Mills Limited”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. 37.526 Cr Rs. 35.438 Cr Rs. 47.317 Cr + 33.52 % + 26.09 %
Expenses Rs. 38.57 Cr Rs. 34.86 Cr Rs. 45.4 Cr + 30.24 % + 17.71 %
Operating Profit Rs. -1.04 Cr Rs. 0.58 Cr Rs. 1.92 Cr + 231.03 % + 284.62 %
OPM % -2.77 % 1.64 % 4.06 % + 2.42 % + 6.83 %
Other Income Rs. 0.79 Cr Rs. 0.08 Cr Rs. 0.44 Cr + 450 % -44.3 %
Interest Rs. 0.05 Cr Rs. 0.13 Cr Rs. 0.31 Cr + 138.46 % + 520 %
Depreciation Rs. 1.55 Cr Rs. 1.7 Cr Rs. 1.69 Cr -0.59 % + 9.03 %
Profit before tax Rs. -1.85 Cr Rs. -1.17 Cr Rs. 0.36 Cr + 130.77 % + 119.46 %
Tax % -2.27 % -22.05 % 26.99 % + 49.04 % + 29.26 %
Net Profit Rs. -1.9 Cr Rs. -0.92 Cr Rs. 0.45 Cr + 148.91 % + 123.68 %
EPS in Rs Rs. -2.19 Rs. -1.06 Rs. 0.52 + 149.06 % + 123.74 %


Today, we’re looking at Shiva Mills Limited’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 26.09 %. However, it did see a marginal increase of 33.52 % from the previous quarter. Expenses ticked up slightly by 30.24 % quarter-on-quarter, aligning with the annual rise of 17.71 %. Operating profit, while up 284.62 % compared to last year, faced a quarter-on-quarter increase of 231.03 %, 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 6.83 %, but an expansion of 2.42 % sequentially. Other income rose by 450 % compared to the last quarter, despite an annual decline of -44.3 %. Interest expenses surged remarkably by 138.46 % from the previous quarter, yet the year-over-year increase remains at a moderate 520 %. Depreciation costs fell by -0.59 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 9.03 %. Profit before tax grew annually by 119.46 % but saw an increase from the preceding quarter by 130.77 %.
Tax expenses as a percentage of profits increased slightly by 29.26 % compared to last year, with a more notable quarter-on-quarter increase of 49.04 %. Net profit rose by 123.68 % year-on-year but experienced a 148.91 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 123.74 % but a quarterly rise of 149.06 %. In summary, Shiva Mills 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. 37.526 Cr Rs. 35.438 Cr Rs. 47.317 Cr + 33.52 % + 26.09 %
Expenses Rs. 38.57 Cr Rs. 34.86 Cr Rs. 45.4 Cr + 30.24 % + 17.71 %
Operating Profit Rs. -1.04 Cr Rs. 0.58 Cr Rs. 1.92 Cr + 231.03 % + 284.62 %
Net Profit Rs. -1.9 Cr Rs. -0.92 Cr Rs. 0.45 Cr + 148.91 % + 123.68 %
EPS in Rs Rs. -2.19 Rs. -1.06 Rs. 0.52 + 149.06 % + 123.74 %


In reviewing Shiva Mills Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 26.09 % year-on-year growth, however, there was a minor increase of 33.52 % from the previous quarter. Expenses rose by 17.71 % compared to the previous year, with a 30.24 % increase quarter-on-quarter. Operating Profit surged by 284.62 % annually, and saw a 231.03 % increase from the last quarter.
Net Profit showed yearly increase of 123.68 %, and experienced a 148.91 % increase from the previous quarter. Earnings Per Share (EPS) rose by 123.74 % annually, however rose by 149.06 % compared to the last quarter. In essence, while Shiva Mills Limited 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.

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