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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 29.17 % in the past year, substantial increase in net sales/revenue by 11.09 %.
- 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 175 %. Marginal increase in other income during this quarter, up by 175%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Shivagrico Implements Ltd.. Profit dropped by -58.82 % Year to Year, Shivagrico Implements Ltd.’s profitability increased by 180 % in this quarter.
- EPS over the Year and quarter: EPS declined by -57.14 % Year to Year. EPS increased by 200 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 9.034 Cr | Rs. 10.504 Cr | Rs. 11.669 Cr | + 11.09 % | + 29.17 % |
Expenses | Rs. 8.46 Cr | Rs. 9.93 Cr | Rs. 11.09 Cr | + 11.68 % | + 31.09 % |
Operating Profit | Rs. 0.57 Cr | Rs. 0.57 Cr | Rs. 0.58 Cr | + 1.75 % | + 1.75 % |
OPM % | 6.31 % | 5.43 % | 4.97 % | -0.46 % | -1.34 % |
Other Income | Rs. 0.04 Cr | Rs. 0.04 Cr | Rs. 0.11 Cr | + 175 % | + 175 % |
Interest | Rs. 0.31 Cr | Rs. 0.28 Cr | Rs. 0.27 Cr | -3.57 % | -12.9 % |
Depreciation | Rs. 0.33 Cr | Rs. 0.33 Cr | Rs. 0.36 Cr | + 9.09 % | + 9.09 % |
Profit before tax | Rs. -0.03 Cr | Rs. -0 Cr | Rs. 0.06 Cr | 0 % | + 300 % |
Tax % | -9.38 % | 141.67 % | 127.78 % | -13.89 % | + 137.16 % |
Net Profit | Rs. -0.03 Cr | Rs. -0.01 Cr | Rs. -0.01 Cr | + 0 % | + 66.67 % |
EPS in Rs | Rs. -0.07 | Rs. -0.01 | Rs. -0.03 | -200 % | + 57.14 % |
Today, we’re looking at Shivagrico Implements Ltd.’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 29.17 %. However, it did see a marginal increase of 11.09 % from the previous quarter. Expenses ticked up slightly by 11.68 % quarter-on-quarter, aligning with the annual rise of 31.09 %. Operating profit, while up 1.75 % compared to last year, faced a quarter-on-quarter increase of 1.75 %, 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 -1.34 %, but a shrinkage of -0.46 % sequentially. Other income rose by 175 % compared to the last quarter, despite an annual growth of 175 %. Interest expenses dropped significantly by -3.57 % from the previous quarter, yet the year-over-year decrease remains at a moderate -12.9 %. Depreciation costs climbed by 9.09 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 9.09 %. Profit before tax grew annually by 300 %
Tax expenses as a percentage of profits increased slightly by 137.16 % compared to last year, with a more notable quarter-on-quarter decrease of -13.89 %. Net profit rose by 66.67 % year-on-year but experienced a 0 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 57.14 % but a quarterly fall of -200 %. In summary, Shivagrico Implements 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. 9.034 Cr | Rs. 10.504 Cr | Rs. 11.669 Cr | + 11.09 % | + 29.17 % |
Expenses | Rs. 8.46 Cr | Rs. 9.93 Cr | Rs. 11.09 Cr | + 11.68 % | + 31.09 % |
Operating Profit | Rs. 0.57 Cr | Rs. 0.57 Cr | Rs. 0.58 Cr | + 1.75 % | + 1.75 % |
Net Profit | Rs. -0.03 Cr | Rs. -0.01 Cr | Rs. -0.01 Cr | + 0 % | + 66.67 % |
EPS in Rs | Rs. -0.07 | Rs. -0.01 | Rs. -0.03 | -200 % | + 57.14 % |
In reviewing Shivagrico Implements Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 29.17 % year-on-year growth, however, there was a minor increase of 11.09 % from the previous quarter. Expenses rose by 31.09 % compared to the previous year, with a 11.68 % increase quarter-on-quarter. Operating Profit surged by 1.75 % annually, and saw a 1.75 % increase from the last quarter.
Net Profit showed yearly increase of 66.67 %, and experienced a 0 % increase from the previous quarter. Earnings Per Share (EPS) rose by 57.14 % annually, however dipped by -200 % compared to the last quarter. In essence, while Shivagrico Implements 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.