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- Shivalik Bimetal Controls Q1 Results, Revenue at ₹12,598.06 lakhs, Net Profit Up to ₹1,782.12 lakhs
Shivalik Bimetal Controls Q1 Results, Revenue at ₹12,598.06 lakhs, Net Profit Up to ₹1,782.12 lakhs
Shivalik Bimetal Controls Q1 Results show a 1.4 percent QoQ drop in revenue and a 134.4 percent YoY increase in net profit Shivalik Bimetal Controls Q1 Results also highlight a 9.1 percent QoQ decrease in total income.
by P Nandhini
Updated Aug 26, 2024
Table of Content
Shivalik Bimetal Controls Q1 Results 2024
Shivalik Bimetal Controls Q1 Results: Shivalik Bimetal Controls has announced its financial results for the first quarter of 2024-2025, showing a stable performance compared to the previous quarter. For the period ending June 30, 2024, the company's revenue from operations was ₹12,598.06 lakhs, a slight decrease of 1.4% from ₹12,776.29 lakhs in the previous quarter.
Despite this small drop, the company's total income increased by 1.5% to ₹12,883.88 lakhs, driven by other income. The company reported a net profit of ₹1,782.12 lakhs for Q1 2024-2025, which is a significant improvement of 134.4% compared to ₹663.65 lakhs in the same quarter last year.
The increase in profit is attributed to better management of expenses and a lower tax expense. Overall, Shivalik Bimetal Controls demonstrated solid growth in profitability while maintaining stable revenue levels.
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Quarterly - Shivalik Bimetal Controls Q1 Results 2024 - 2025
Here is a summary of Shivalik Bimetal Controls's financial results for Q1 of 2024-2025:
| Particulars | 30.06.2024 (Unaudited) | 31.03.2024 (Audited) | 30.06.2023 (Unaudited) |
|---|---|---|---|
| Revenue from Operations | ₹12,598.06 lakhs | ₹12,776.29 lakhs | ₹12,719.11 lakhs |
| Other Income | ₹285.82 lakhs | ₹1,397.88 lakhs | ₹142.77 lakhs |
| Total Income | ₹12,883.88 lakhs | ₹14,174.17 lakhs | ₹12,861.88 lakhs |
| Expenses | ₹10,611.19 lakhs | ₹11,021.67 lakhs | ₹10,127.32 lakhs |
| Profit Before Tax | ₹2,352.25 lakhs | ₹3,339.29 lakhs | ₹2,791.79 lakhs |
| Net Profit for the Period | ₹1,782.12 lakhs | ₹2,568.09 lakhs | ₹663.65 lakhs |
| Earnings Per Share (Basic & Diluted) | ₹3.09 | ₹4.46 | ₹3.69 |
| Total Comprehensive Income | ₹1,782.12 lakhs | ₹2,567.43 lakhs | ₹2,128.14 lakhs |
| Share of Profit in Joint Venture | ₹79.56 lakhs | ₹186.79 lakhs | ₹57.23 lakhs |
| Exceptional Items | ₹0 lakhs | ₹0 lakhs | ₹0 lakhs |
| Total Tax Expenses | ₹570.13 lakhs | ₹771.20 lakhs | ₹677.65 lakhs |
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Shivalik Bimetal Controls Current Market Overview
Shivalik Bimetal Controls is currently trading at ₹592 per share, with a small drop of 1.87% recently. The company has a market value of ₹3,412 crore and its stock has ranged between ₹694 and ₹460 in the past. It has a price-to-earnings ratio of 42.2 and a book value of ₹59.3 per share.
Shivalik offers a low dividend yield of 0.12% but has strong financial performance, with high returns on capital and equity at 33.0% and 27.8%, respectively.
| Aspect | Value |
|---|---|
| Current Price | ₹592 |
| Market Cap | ₹3,412 Cr. |
| High / Low | ₹694 / ₹460 |
| Stock P/E | 42.2 |
| Book Value | ₹59.3 |
| Dividend Yield | 0.12% |
| ROCE | 33.0% |
| ROE | 27.8% |
| Face Value | ₹2.00 |
Quarterly Results
Here is the quarterly financial performance of Shivalik Bimetal Controls for the end of 2023 and the first quarter of 2024:
| Metric | Dec 2023 | Mar 2024 | Jun 2024 |
|---|---|---|---|
| Sales (₹ Cr.) | 126 | 128 | 126 |
| Expenses (₹ Cr.) | 101 | 106 | 102 |
| Operating Profit (₹ Cr.) | 25 | 22 | 24 |
| Operating Profit Margin (OPM %) | 20% | 17% | 19% |
| Other Income (₹ Cr.) | 2 | 16 | 4 |
| Interest (₹ Cr.) | 1 | 1 | 1 |
| Depreciation (₹ Cr.) | 3 | 3 | 3 |
| Profit Before Tax (₹ Cr.) | 23 | 33 | 24 |
| Tax % | 26% | 23% | 24% |
| Net Profit (₹ Cr.) | 17 | 26 | 18 |
| EPS (₹) | 2.94 | 4.46 | 3.09 |
About Shivalik Bimetal Controls
Shivalik Bimetal Controls is a company specializing in advanced material joining techniques. Founded in 1986, it provides solutions using methods like Diffusion Bonding, Electron Beam Welding, and Resistance Welding.
The company offers a range of products including thermostatic bimetals, clad metals, and multi-material strips used in various industries. Known for its precision and quality, Shivalik has been a trusted partner for many major original equipment manufacturers (OEMs) globally.
Their expertise in creating reliable and high-quality components has established them as a key player in their field.
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Shivalik Bimetal Controls Q1 Results - FAQs
1. What was Shivalik Bimetal Controls' revenue from operations for Q1 2024-2025?
The revenue from operations was ₹12,598.06 lakhs.
2. How did Shivalik Bimetal Controls' revenue in Q1 2024-2025 compare to the previous quarter?
It decreased by 1.4% from ₹12,776.29 lakhs in the previous quarter.
3. What was the total income for Shivalik Bimetal Controls in Q1 2024-2025?
The total income was ₹12,883.88 lakhs.
4. How much other income did Shivalik Bimetal Controls report for Q1 2024-2025?
The other income was ₹285.82 lakhs.
5. What were Shivalik Bimetal Controls' total expenses for Q1 2024-2025?
The total expenses were ₹10,611.19 lakhs.
6. What was Shivalik Bimetal Controls' profit before tax for Q1 2024-2025?
The profit before tax was ₹2,352.25 lakhs.
7. What was the earnings per share for Shivalik Bimetal Controls in Q1 2024-2025?
The earnings per share were ₹3.09.
8. What was the total comprehensive income for Shivalik Bimetal Controls in Q1 2024-2025?
The total comprehensive income was ₹1,782.12 lakhs.
9. What were Shivalik Bimetal Controls' total tax expenses for Q1 2024-2025?
The total tax expenses were ₹570.13 lakhs.
10. What was Shivalik Bimetal Controls' net profit for the same quarter last year?
The net profit was ₹663.65 lakhs.