Share the post "Shivalik Bimetal Controls ‘s Q2 Results: Profit Drops by 1.97% YoY"
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 -0.87 % over the year, substantial increase in net sales/revenue by 0.53 %.
- 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 31.9 %. Marginal increase in other income during this quarter, up by 8.36%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Shivalik Bimetal Controls Limited. Profit dropped by -1.96 % Year to Year, Shivalik Bimetal Controls Limited’s profitability increased by 11.91 % in this quarter.
- EPS over the Year and quarter: EPS declined by -2.57 % Year to Year. EPS increased by 10.36 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 127.765 Cr | Rs. 125.981 Cr | Rs. 126.651 Cr | + 0.53 % | -0.87 % |
Expenses | Rs. 98.59 Cr | Rs. 102.29 Cr | Rs. 99.68 Cr | -2.55 % | + 1.11 % |
Operating Profit | Rs. 29.18 Cr | Rs. 23.69 Cr | Rs. 26.97 Cr | + 13.85 % | -7.57 % |
OPM % | 22.84 % | 18.8 % | 21.29 % | + 2.49 % | -1.55 % |
Other Income | Rs. 2.348 Cr | Rs. 2.858 Cr | Rs. 3.097 Cr | + 8.36 % | + 31.9 % |
Interest | Rs. 1.22 Cr | Rs. 0.99 Cr | Rs. 0.82 Cr | -17.17 % | -32.79 % |
Depreciation | Rs. 2.92 Cr | Rs. 2.84 Cr | Rs. 2.87 Cr | + 1.06 % | -1.71 % |
Profit before tax | Rs. 27.39 Cr | Rs. 22.72 Cr | Rs. 26.38 Cr | + 16.11 % | -3.69 % |
Tax % | 25.99 % | 25.08 % | 25.12 % | + 0.04 % | -0.87 % |
Net Profit | Rs. 20.34 Cr | Rs. 17.82 Cr | Rs. 19.94 Cr | + 11.9 % | -1.97 % |
EPS in Rs | Rs. 3.5 | Rs. 3.09 | Rs. 3.41 | + 10.36 % | -2.57 % |
Today, we’re looking at Shivalik Bimetal Controls Limited’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 -0.87 %. However, it did see a marginal increase of 0.53 % from the previous quarter. Expenses decreased slightly by -2.55 % quarter-on-quarter, aligning with the annual rise of 1.11 %. Operating profit, while down -7.57 % compared to last year, faced a quarter-on-quarter increase of 13.85 %, 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 -1.55 %, but an expansion of 2.49 % sequentially. Other income rose by 8.36 % compared to the last quarter, despite an annual growth of 31.9 %. Interest expenses dropped significantly by -17.17 % from the previous quarter, yet the year-over-year decrease remains at a moderate -32.79 %. Depreciation costs climbed by 1.06 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -1.71 %. Profit before tax declined annually by -3.69 % but saw an increase from the preceding quarter by 16.11 %.
Tax expenses as a percentage of profits decreased slightly by -0.87 % compared to last year, with a more notable quarter-on-quarter increase of 0.04 %. Net profit fell by -1.97 % year-on-year but experienced a 11.9 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -2.57 % but a quarterly rise of 10.36 %. In summary, Shivalik Bimetal Controls 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. 127.765 Cr | Rs. 125.981 Cr | Rs. 126.651 Cr | + 0.53 % | -0.87 % |
Expenses | Rs. 98.59 Cr | Rs. 102.29 Cr | Rs. 99.68 Cr | -2.55 % | + 1.11 % |
Operating Profit | Rs. 29.18 Cr | Rs. 23.69 Cr | Rs. 26.97 Cr | + 13.85 % | -7.57 % |
Net Profit | Rs. 20.34 Cr | Rs. 17.82 Cr | Rs. 19.94 Cr | + 11.9 % | -1.97 % |
EPS in Rs | Rs. 3.5 | Rs. 3.09 | Rs. 3.41 | + 10.36 % | -2.57 % |
In reviewing Shivalik Bimetal Controls Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -0.87 % year-on-year, however, there was a minor increase of 0.53 % from the previous quarter. Expenses rose by 1.11 % compared to the previous year, with a decrease of -2.55 % quarter-on-quarter. Operating Profit dropped by -7.57 % annually, and saw a 13.85 % increase from the last quarter.
Net Profit showed yearly decrease of -1.97 %, and experienced a 11.9 % increase from the previous quarter. Earnings Per Share (EPS) fell by -2.57 % annually, however rose by 10.36 % compared to the last quarter. In essence, while Shivalik Bimetal Controls 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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