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Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company’s sales declined by -34.75 % over the year, decrease in net sales/revenue by -8.26 %.
- Profit over the Year and quarter: Significant improvement in profitability for Shiva Suitings Ltd.,. Notable increase of 19.23 % in net profit Year to Year, Shiva Suitings Ltd.,’s profitability increased by 416.67 % in this quarter.
- EPS over the Year and quarter: EPS increased by 17.65 % Year to Year. EPS increased by 400 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 1.174 Cr | Rs. 0.835 Cr | Rs. 0.766 Cr | -8.26 % | -34.75 % |
Expenses | Rs. 1.14 Cr | Rs. 0.83 Cr | Rs. 0.73 Cr | -12.05 % | -35.96 % |
Operating Profit | Rs. 0.03 Cr | Rs. 0.01 Cr | Rs. 0.04 Cr | + 300 % | + 33.33 % |
OPM % | 2.56 % | 1.2 % | 5.22 % | + 4.02 % | + 2.66 % |
Other Income | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Depreciation | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Profit before tax | Rs. 0.03 Cr | Rs. 0.01 Cr | Rs. 0.04 Cr | + 300 % | + 33.33 % |
Tax % | 21.21 % | 25 % | 21.05 % | -3.95 % | -0.16 % |
Net Profit | Rs. 0.03 Cr | Rs. 0.01 Cr | Rs. 0.03 Cr | + 200 % | + 0 % |
EPS in Rs | Rs. 0.17 | Rs. 0.04 | Rs. 0.2 | + 400 % | + 17.65 % |
Today, we’re looking at Shiva Suitings Ltd.,’s financial performance for the Q2(Sep 2024-25).Starting with the top line, the company reported a significant year-over-year sales decline of -34.75 %. However, it did see a marginal slip of -8.26 % from the previous quarter. Expenses decreased slightly by -12.05 % quarter-on-quarter, aligning with the annual decline of -35.96 %. Operating profit, while up 33.33 % compared to last year, faced a quarter-on-quarter increase of 300 %, 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 2.66 %, but an expansion of 4.02 % sequentially. Profit before tax grew annually by 33.33 % but saw an increase from the preceding quarter by 300 %.
Tax expenses as a percentage of profits decreased slightly by -0.16 % compared to last year, with a more notable quarter-on-quarter decrease of -3.95 %. Net profit rose by 0 % year-on-year but experienced a 200 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 17.65 % but a quarterly rise of 400 %. In summary, Shiva Suitings 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. 1.174 Cr | Rs. 0.835 Cr | Rs. 0.766 Cr | -8.26 % | -34.75 % |
Expenses | Rs. 1.14 Cr | Rs. 0.83 Cr | Rs. 0.73 Cr | -12.05 % | -35.96 % |
Operating Profit | Rs. 0.03 Cr | Rs. 0.01 Cr | Rs. 0.04 Cr | + 300 % | + 33.33 % |
Net Profit | Rs. 0.03 Cr | Rs. 0.01 Cr | Rs. 0.03 Cr | + 200 % | + 0 % |
EPS in Rs | Rs. 0.17 | Rs. 0.04 | Rs. 0.2 | + 400 % | + 17.65 % |
In reviewing Shiva Suitings Ltd.,’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -34.75 % year-on-year, although there was a slight dip of -8.26 % from the previous quarter. Expenses decreased by -35.96 % compared to the previous year, with a decrease of -12.05 % quarter-on-quarter. Operating Profit surged by 33.33 % annually, and saw a 300 % increase from the last quarter.
Net Profit showed yearly increase of 0 %, and experienced a 200 % increase from the previous quarter. Earnings Per Share (EPS) rose by 17.65 % annually, however rose by 400 % compared to the last quarter. In essence, while Shiva Suitings Ltd., 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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