Shilchar Technologies Q1 Results Live : Shilchar Technologies declared their Q1 results on 12 Aug, 2024, showcasing a robust performance. The topline increased by a remarkable 59.17% year-over-year (YoY), and the profit surged by 46.39% YoY. However, when compared to the previous quarter, the revenue saw a marginal growth of 1.48%, while the profit experienced a slight decline of 4.15%.
The company’s Selling, General & Administrative expenses showed a positive trend, declining by 3.52% quarter-over-quarter (q-o-q). Nonetheless, these expenses saw a significant rise of 27.04% when compared year-over-year. This indicates a strategic tightening of operational costs in the short term, although overall expenditures have risen annually.
Despite the overall positive financial performance, the operating income for Shilchar Technologies saw a dip of 6.16% q-o-q. However, on a YoY basis, the operating income increased by an impressive 49.55%, reflecting the company’s strong operational efficiency over the past year.
The Earnings Per Share (EPS) for Q1 stands at ₹31.44, marking a substantial increase of 46.38% YoY. This increase in EPS is a clear indicator of the company’s profitability and its ability to generate higher earnings for its shareholders.
In terms of market performance, Shilchar Technologies has delivered a mixed bag of returns. The company has shown a -3.03% return in the last week but has delivered an impressive 58.98% return over the last 6 months and a stellar 147.78% Year-to-Date (YTD) return. This highlights the company’s strong performance in the longer term despite short-term fluctuations.
As of now, Shilchar Technologies boasts a market capitalization of ₹4790.16 Crore. The company’s stock has seen significant volatility over the past year, with a 52-week high of ₹7052 and a low of ₹1166.65. This wide range indicates substantial investor interest and market activity around the company’s stock.
Shilchar Technologies Financials
Period | Q1 | Q4 | Q-o-Q Growth | Q1 | Y-o-Y Growth |
---|---|---|---|---|---|
Total Revenue | 106.99 | 105.43 | +1.48% | 67.22 | +59.17% |
Selling/ General/ Admin Expenses Total | 3.89 | 4.03 | -3.52% | 3.06 | +27.04% |
Depreciation/ Amortization | 0.69 | 0.66 | +5.47% | 0.65 | +6.29% |
Total Operating Expense | 78.19 | 74.74 | +4.62% | 47.96 | +63.04% |
Operating Income | 28.8 | 30.69 | -6.16% | 19.26 | +49.55% |
Net Income Before Taxes | 32.11 | 34.11 | -5.87% | 21.77 | +47.46% |
Net Income | 23.98 | 25.02 | -4.15% | 16.38 | +46.39% |
Diluted Normalized EPS | 31.44 | 32.8 | -4.14% | 21.48 | +46.38% |
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