Highlights
- The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: decrease in net sales/revenue by -77.22 %.
- 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 72.12 %. Marginal decrease of -28.46% in other income during this quarter.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 0 Cr | Rs. 0.461 Cr | Rs. 0.105 Cr | -77.22 % | 0 % |
Expenses | Rs. 0.15 Cr | Rs. 0.54 Cr | Rs. 0.16 Cr | -70.37 % | + 6.67 % |
Operating Profit | Rs. -0.15 Cr | Rs. -0.08 Cr | Rs. -0.06 Cr | + 25 % | + 60 % |
OPM % | 0 % | -17.35 % | -57.14 % | -39.79 % | -57.14 % |
Other Income | Rs. 0.165 Cr | Rs. 0.397 Cr | Rs. 0.284 Cr | -28.46 % | + 72.12 % |
Interest | Rs. 0.09 Cr | Rs. 0.23 Cr | Rs. 0.22 Cr | -4.35 % | + 144.44 % |
Depreciation | Rs. 0.01 Cr | Rs. 0.01 Cr | Rs. 0.01 Cr | + 0 % | + 0 % |
Profit before tax | Rs. -0.09 Cr | Rs. 0.08 Cr | Rs. -0.01 Cr | -112.5 % | + 88.89 % |
Tax % | -1.28 % | 61.63 % | -100 % | -161.63 % | -98.72 % |
Net Profit | Rs. -0.08 Cr | Rs. 0.03 Cr | Rs. 0 Cr | 0 % | 0 % |
EPS in Rs | Rs. -0.13 | Rs. 0.05 | Rs. 0 | 0 % | 0 % |
Today, we’re looking at Shivansh Finserv Limited’s financial performance for the Q1(Jun 2024).However, it did see a marginal slip of -77.22 % from the previous quarter. Expenses decreased slightly by -70.37 % quarter-on-quarter, aligning with the annual rise of 6.67 %. Operating profit, while up 60 % compared to last year, faced a quarter-on-quarter increase of 25 %, 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 -57.14 %, but a shrinkage of -39.79 % sequentially. Other income fell by -28.46 % compared to the last quarter, despite an annual growth of 72.12 %. Interest expenses dropped significantly by -4.35 % from the previous quarter, yet the year-over-year increase remains at a moderate 144.44 %. Depreciation costs climbed by 0 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0 %. Profit before tax grew annually by 88.89 % but saw a reduction from the preceding quarter by -112.5 %.
Tax expenses as a percentage of profits decreased slightly by -98.72 % compared to last year, with a more notable quarter-on-quarter decrease of -161.63 %. In summary, Shivansh Finserv 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. 0 Cr | Rs. 0.461 Cr | Rs. 0.105 Cr | -77.22 % | 0 % |
Expenses | Rs. 0.15 Cr | Rs. 0.54 Cr | Rs. 0.16 Cr | -70.37 % | + 6.67 % |
Operating Profit | Rs. -0.15 Cr | Rs. -0.08 Cr | Rs. -0.06 Cr | + 25 % | + 60 % |
Net Profit | Rs. -0.08 Cr | Rs. 0.03 Cr | Rs. 0 Cr | 0 % | 0 % |
EPS in Rs | Rs. -0.13 | Rs. 0.05 | Rs. 0 | 0 % | 0 % |
In reviewing Shivansh Finserv Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.although there was a slight dip of -77.22 % from the previous quarter. Expenses rose by 6.67 % compared to the previous year, with a decrease of -70.37 % quarter-on-quarter. Operating Profit surged by 60 % annually, and saw a 25 % increase from the last quarter.
In essence, while Shivansh Finserv Limited faces strong annual decline 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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