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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 -2.64 % over the year, decrease in net sales/revenue by -15.5 %.
- 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 68.43 %. Marginal increase in other income during this quarter, up by 149.84%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Shri Keshav Cements and Infra Limited. Profit dropped by -33.32 % Year to Year, Shri Keshav Cements and Infra Limited’s profitability dropped by -25.92 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -38.71 % Year to Year. EPS decreased by -19.72 % in previous quarter. Analysis needed for shareholder value.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 31.267 Cr | Rs. 36.023 Cr | Rs. 30.441 Cr | -15.5 % | -2.64 % |
Expenses | Rs. 21.46 Cr | Rs. 25.31 Cr | Rs. 22.37 Cr | -11.62 % | + 4.24 % |
Operating Profit | Rs. 9.81 Cr | Rs. 10.71 Cr | Rs. 8.07 Cr | -24.65 % | -17.74 % |
OPM % | 31.37 % | 29.73 % | 26.51 % | -3.22 % | -4.86 % |
Other Income | Rs. 0.472 Cr | Rs. -1.595 Cr | Rs. 0.795 Cr | + 149.84 % | + 68.43 % |
Interest | Rs. 4.31 Cr | Rs. 3.78 Cr | Rs. 3.97 Cr | + 5.03 % | -7.89 % |
Depreciation | Rs. 2.97 Cr | Rs. 3.01 Cr | Rs. 2.99 Cr | -0.66 % | + 0.67 % |
Profit before tax | Rs. 3 Cr | Rs. 2.33 Cr | Rs. 1.91 Cr | -18.03 % | -36.33 % |
Tax % | 10.93 % | 3.44 % | 6.4 % | + 2.96 % | -4.53 % |
Net Profit | Rs. 2.67 Cr | Rs. 2.41 Cr | Rs. 1.78 Cr | -26.14 % | -33.33 % |
EPS in Rs | Rs. 1.86 | Rs. 1.42 | Rs. 1.14 | -19.72 % | -38.71 % |
Today, we’re looking at Shri Keshav Cements and Infra Limited’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -2.64 %. However, it did see a marginal slip of -15.5 % from the previous quarter. Expenses decreased slightly by -11.62 % quarter-on-quarter, aligning with the annual rise of 4.24 %. Operating profit, while down -17.74 % compared to last year, faced a quarter-on-quarter dip of -24.65 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -4.86 %, but a shrinkage of -3.22 % sequentially. Other income rose by 149.84 % compared to the last quarter, despite an annual growth of 68.43 %. Interest expenses surged remarkably by 5.03 % from the previous quarter, yet the year-over-year decrease remains at a moderate -7.89 %. Depreciation costs fell by -0.66 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0.67 %. Profit before tax declined annually by -36.33 % but saw a reduction from the preceding quarter by -18.03 %.
Tax expenses as a percentage of profits decreased slightly by -4.53 % compared to last year, with a more notable quarter-on-quarter increase of 2.96 %. Net profit fell by -33.33 % year-on-year but witnessed a -26.14 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -38.71 % but a quarterly fall of -19.72 %. In summary, Shri Keshav Cements and Infra 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. 31.267 Cr | Rs. 36.023 Cr | Rs. 30.441 Cr | -15.5 % | -2.64 % |
Expenses | Rs. 21.46 Cr | Rs. 25.31 Cr | Rs. 22.37 Cr | -11.62 % | + 4.24 % |
Operating Profit | Rs. 9.81 Cr | Rs. 10.71 Cr | Rs. 8.07 Cr | -24.65 % | -17.74 % |
Net Profit | Rs. 2.67 Cr | Rs. 2.41 Cr | Rs. 1.78 Cr | -26.14 % | -33.33 % |
EPS in Rs | Rs. 1.86 | Rs. 1.42 | Rs. 1.14 | -19.72 % | -38.71 % |
In reviewing Shri Keshav Cements and Infra Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -2.64 % year-on-year, although there was a slight dip of -15.5 % from the previous quarter. Expenses rose by 4.24 % compared to the previous year, with a decrease of -11.62 % quarter-on-quarter. Operating Profit dropped by -17.74 % annually, and saw a -24.65 % decrease from the last quarter.
Net Profit showed yearly decrease of -33.33 %, and experienced a -26.14 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -38.71 % annually, however dipped by -19.72 % compared to the last quarter. In essence, while Shri Keshav Cements and Infra 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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