Shivalik Rasayan Ltd's Q3FY25 Quarter Results
- 12 Feb 2025
Result Summary
- Shivalik Rasayan Ltd reported a 5.0% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 21.1%.
- Its expenses for the quarter were up by 1.7% QoQ and 19.9% YoY.
- The net profit increased 56.7% QoQ and increased 59.9% YoY.
- The earnings per share (EPS) of Shivalik Rasayan Ltd stood at 3.4 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 86.91 | 82.80 | 71.74 | 5.0% | 21.1% |
Total Expenses | 79.10 | 77.79 | 65.96 | 1.7% | 19.9% |
Profit Before Tax | 7.82 | 5.01 | 5.77 | 56.1% | 35.5% |
Tax | 0.88 | 0.58 | 1.43 | 51.7% | -38.5% |
Profit After Tax | 6.94 | 4.43 | 4.34 | 56.7% | 59.9% |
Earnings Per Share | 3.40 | 2.60 | 2.00 | 30.8% | 70.0% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Shivalik Rasayan Ltd is a company that operates within the chemical industry, primarily focusing on the production of agrochemical and pharmaceutical intermediates. The company is known for its expertise in synthesizing a wide range of chemical products that cater to both domestic and international markets. In recent years, Shivalik Rasayan Ltd has been involved in expanding its product portfolio and enhancing its manufacturing capacities to meet the increasing demand for its products. However, further specific details about recent major developments are not available.
Revenue
In the third quarter of the fiscal year 2025 (Q3FY25), Shivalik Rasayan Ltd reported a total income of ₹86.91 crores. This represented a quarter-over-quarter (QoQ) growth of 5.0% from ₹82.80 crores in Q2FY25 and a year-over-year (YoY) increase of 21.1% from ₹71.74 crores in Q3FY24. This growth indicates a positive trend in the company's revenue generation over both quarters and the previous year, reflecting its ability to enhance its market position and possibly increase sales volume or pricing.
Profitability
Shivalik Rasayan Ltd's profitability metrics for Q3FY25 show a significant improvement. The profit before tax stood at ₹7.82 crores, which marks a 56.1% increase QoQ from ₹5.01 crores in Q2FY25 and a 35.5% increase YoY from ₹5.77 crores in Q3FY24. The profit after tax was ₹6.94 crores, rising 56.7% QoQ from ₹4.43 crores in Q2FY25 and 59.9% YoY from ₹4.34 crores in Q3FY24. This increase in profitability is also reflected in the earnings per share, which rose to ₹3.40 from ₹2.60 in the previous quarter and ₹2.00 in the same quarter last year, showing a QoQ increase of 30.8% and a YoY increase of 70.0%.
Operating Metrics
The total expenses for Q3FY25 were reported at ₹79.10 crores, reflecting a 1.7% increase QoQ from ₹77.79 crores in Q2FY25 and a 19.9% increase YoY from ₹65.96 crores in Q3FY24. Despite the rise in expenses, the company's profit margins improved significantly due to higher income growth rates. The tax expense for Q3FY25 was ₹0.88 crores, compared to ₹0.58 crores in Q2FY25 and ₹1.43 crores in Q3FY24, showing a 51.7% increase QoQ and a 38.5% decrease YoY. This fluctuation in tax expenses alongside the profit growth highlights changes in the company's effective tax rate or tax planning strategies over the periods.
