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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 19.53 % in the past year, substantial increase in net sales/revenue by 19.64 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -0.94 %, Marginal increase in other income during this quarter, up by 46.66%.
- Profit over the Year and quarter: Significant improvement in profitability for Shyam Century Ferrous Limited. Notable increase of 163.61 % in net profit Year to Year, Shyam Century Ferrous Limited’s profitability dropped by -14.99 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 175.00 % Year to Year. EPS decreased by -15.38 % 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. 26.569 Cr | Rs. 26.546 Cr | Rs. 31.759 Cr | + 19.64 % | + 19.53 % |
Expenses | Rs. 29.34 Cr | Rs. 30.07 Cr | Rs. 36.71 Cr | + 22.08 % | + 25.12 % |
Operating Profit | Rs. -2.77 Cr | Rs. -3.52 Cr | Rs. -4.95 Cr | -40.63 % | -78.7 % |
OPM % | -10.43 % | -13.26 % | -15.59 % | -2.33 % | -5.16 % |
Other Income | Rs. 2.545 Cr | Rs. 1.719 Cr | Rs. 2.521 Cr | + 46.66 % | -0.94 % |
Interest | Rs. 0.05 Cr | Rs. 0.08 Cr | Rs. 0.05 Cr | -37.5 % | + 0 % |
Depreciation | Rs. 0.82 Cr | Rs. 0.88 Cr | Rs. 1.21 Cr | + 37.5 % | + 47.56 % |
Profit before tax | Rs. -1.1 Cr | Rs. -2.76 Cr | Rs. -3.69 Cr | -33.7 % | -235.45 % |
Tax % | -20.67 % | -2.24 % | -37.76 % | -35.52 % | -17.09 % |
Net Profit | Rs. -0.87 Cr | Rs. -2.7 Cr | Rs. -2.3 Cr | + 14.81 % | -164.37 % |
EPS in Rs | Rs. -0.04 | Rs. -0.13 | Rs. -0.11 | + 15.38 % | -175 % |
Today, we’re looking at Shyam Century Ferrous Limited’s financial performance for the Q2(Sep 2024-25).Starting with the top line, the company reported a robust year-over-year sales growth of 19.53 %. However, it did see a marginal increase of 19.64 % from the previous quarter. Expenses ticked up slightly by 22.08 % quarter-on-quarter, aligning with the annual rise of 25.12 %. Operating profit, while down -78.7 % compared to last year, faced a quarter-on-quarter dip of -40.63 %, 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 -5.16 %, but a shrinkage of -2.33 % sequentially. Other income rose by 46.66 % compared to the last quarter, despite an annual decline of -0.94 %. Interest expenses dropped significantly by -37.5 % from the previous quarter, yet the year-over-year increase remains at a moderate 0 %. Depreciation costs climbed by 37.5 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 47.56 %. Profit before tax declined annually by -235.45 % but saw a reduction from the preceding quarter by -33.7 %.
Tax expenses as a percentage of profits decreased slightly by -17.09 % compared to last year, with a more notable quarter-on-quarter decrease of -35.52 %. Net profit fell by -164.37 % year-on-year but experienced a 14.81 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -175 % but a quarterly rise of 15.38 %. In summary, Shyam Century Ferrous 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. 26.569 Cr | Rs. 26.546 Cr | Rs. 31.759 Cr | + 19.64 % | + 19.53 % |
Expenses | Rs. 29.34 Cr | Rs. 30.07 Cr | Rs. 36.71 Cr | + 22.08 % | + 25.12 % |
Operating Profit | Rs. -2.77 Cr | Rs. -3.52 Cr | Rs. -4.95 Cr | -40.63 % | -78.7 % |
Net Profit | Rs. -0.87 Cr | Rs. -2.7 Cr | Rs. -2.3 Cr | + 14.81 % | -164.37 % |
EPS in Rs | Rs. -0.04 | Rs. -0.13 | Rs. -0.11 | + 15.38 % | -175 % |
In reviewing Shyam Century Ferrous Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 19.53 % year-on-year growth, however, there was a minor increase of 19.64 % from the previous quarter. Expenses rose by 25.12 % compared to the previous year, with a 22.08 % increase quarter-on-quarter. Operating Profit dropped by -78.7 % annually, and saw a -40.63 % decrease from the last quarter.
Net Profit showed yearly decrease of -164.37 %, and experienced a 14.81 % increase from the previous quarter. Earnings Per Share (EPS) fell by -175 % annually, however rose by 15.38 % compared to the last quarter. In essence, while Shyam Century Ferrous 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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