Share the post "Shiva Mills : Q4 2024 Financial Quarterly Report : YoY Sales Up 26.09 %, QoQ Up 33.52 %"
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.
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.