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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 experienced a substantial growth of 4.61 % in the past year, decrease in net sales/revenue by -8.71 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -21.55 %, Marginal decrease of -77.46% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for SHIVAM AUTOTECH LIMITED. Profit dropped by -18 % Year to Year, SHIVAM AUTOTECH LIMITED’s profitability increased by 32.2 % in this quarter.
- EPS over the Year and quarter: EPS declined by -17.48 % Year to Year. EPS increased by 32.81 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 107.989 Cr | Rs. 123.741 Cr | Rs. 112.966 Cr | -8.71 % | + 4.61 % |
| Expenses | Rs. 98.56 Cr | Rs. 108.8 Cr | Rs. 100.32 Cr | -7.79 % | + 1.79 % |
| Operating Profit | Rs. 9.43 Cr | Rs. 14.94 Cr | Rs. 12.65 Cr | -15.33 % | + 34.15 % |
| OPM % | 8.73 % | 12.07 % | 11.2 % | -0.87 % | + 2.47 % |
| Other Income | Rs. 0.608 Cr | Rs. 2.116 Cr | Rs. 0.477 Cr | -77.46 % | -21.55 % |
| Interest | Rs. 13.5 Cr | Rs. 15.1 Cr | Rs. 13.94 Cr | -7.68 % | + 3.26 % |
| Depreciation | Rs. 9.14 Cr | Rs. 8.84 Cr | Rs. 8.92 Cr | + 0.9 % | -2.41 % |
| Profit before tax | Rs. -12.6 Cr | Rs. -6.88 Cr | Rs. -9.73 Cr | -41.42 % | + 22.78 % |
| Tax % | -0 % | -13.54 % | -6.13 % | + 7.41 % | -6.13 % |
| Net Profit | Rs. -12.6 Cr | Rs. -7.82 Cr | Rs. -10.33 Cr | -32.1 % | + 18.02 % |
| EPS in Rs | Rs. -1.03 | Rs. -0.64 | Rs. -0.85 | -32.81 % | + 17.48 % |
Today, we’re looking at SHIVAM AUTOTECH LIMITED’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 4.61 %. However, it did see a marginal slip of -8.71 % from the previous quarter. Expenses decreased slightly by -7.79 % quarter-on-quarter, aligning with the annual rise of 1.79 %. Operating profit, while up 34.15 % compared to last year, faced a quarter-on-quarter dip of -15.33 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 2.47 %, but a shrinkage of -0.87 % sequentially. Other income fell by -77.46 % compared to the last quarter, despite an annual decline of -21.55 %. Interest expenses dropped significantly by -7.68 % from the previous quarter, yet the year-over-year increase remains at a moderate 3.26 %. Depreciation costs climbed by 0.9 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -2.41 %. Profit before tax grew annually by 22.78 % but saw a reduction from the preceding quarter by -41.42 %.
Tax expenses as a percentage of profits decreased slightly by -6.13 % compared to last year, with a more notable quarter-on-quarter increase of 7.41 %. Net profit rose by 18.02 % year-on-year but witnessed a -32.1 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 17.48 % but a quarterly fall of -32.81 %. In summary, SHIVAM AUTOTECH 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. 107.989 Cr | Rs. 123.741 Cr | Rs. 112.966 Cr | -8.71 % | + 4.61 % |
| Expenses | Rs. 98.56 Cr | Rs. 108.8 Cr | Rs. 100.32 Cr | -7.79 % | + 1.79 % |
| Operating Profit | Rs. 9.43 Cr | Rs. 14.94 Cr | Rs. 12.65 Cr | -15.33 % | + 34.15 % |
| Net Profit | Rs. -12.6 Cr | Rs. -7.82 Cr | Rs. -10.33 Cr | -32.1 % | + 18.02 % |
| EPS in Rs | Rs. -1.03 | Rs. -0.64 | Rs. -0.85 | -32.81 % | + 17.48 % |
In reviewing SHIVAM AUTOTECH LIMITED’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 4.61 % year-on-year growth, although there was a slight dip of -8.71 % from the previous quarter. Expenses rose by 1.79 % compared to the previous year, with a decrease of -7.79 % quarter-on-quarter. Operating Profit surged by 34.15 % annually, and saw a -15.33 % decrease from the last quarter.
Net Profit showed yearly increase of 18.02 %, and experienced a -32.1 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 17.48 % annually, however dipped by -32.81 % compared to the last quarter. In essence, while SHIVAM AUTOTECH LIMITED exhibits strong annual growth indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.
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