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Highlights
- The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 30.66 % in the past year, substantial increase in net sales/revenue by 84.63 %.
- 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 236.56 %. Marginal increase in other income during this quarter, up by 158.36%.
- Profit over the Year and quarter: Significant improvement in profitability for Vadilal Industries Limited. Notable increase of 38.36 % in net profit Year to Year, Vadilal Industries Limited’s profitability increased by 180.1 % in this quarter.
- EPS over the Year and quarter: EPS increased by 38.36 % Year to Year. EPS increased by 180.13 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 355.316 Cr | Rs. 251.45 Cr | Rs. 464.25 Cr | + 84.63 % | + 30.66 % |
| Expenses | Rs. 269.44 Cr | Rs. 205.68 Cr | Rs. 353.66 Cr | + 71.95 % | + 31.26 % |
| Operating Profit | Rs. 85.88 Cr | Rs. 45.77 Cr | Rs. 110.59 Cr | + 141.62 % | + 28.77 % |
| OPM % | 24.17 % | 18.2 % | 23.82 % | + 5.62 % | -0.35 % |
| Other Income | Rs. 2.065 Cr | Rs. 2.69 Cr | Rs. 6.95 Cr | + 158.36 % | + 236.56 % |
| Interest | Rs. 4.64 Cr | Rs. 4.25 Cr | Rs. 3.55 Cr | -16.47 % | -23.49 % |
| Depreciation | Rs. 8.52 Cr | Rs. 9.23 Cr | Rs. 10.89 Cr | + 17.98 % | + 27.82 % |
| Profit before tax | Rs. 74.79 Cr | Rs. 34.98 Cr | Rs. 103.1 Cr | + 194.74 % | + 37.85 % |
| Tax % | 25.18 % | 20.98 % | 24.91 % | + 3.93 % | -0.27 % |
| Net Profit | Rs. 55.96 Cr | Rs. 27.64 Cr | Rs. 77.42 Cr | + 180.1 % | + 38.35 % |
| EPS in Rs | Rs. 98.79 | Rs. 38.45 | Rs. 107.71 | + 180.13 % | + 9.03 % |
Today, we’re looking at Vadilal Industries Limited’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 30.66 %. However, it did see a marginal increase of 84.63 % from the previous quarter. Expenses ticked up slightly by 71.95 % quarter-on-quarter, aligning with the annual rise of 31.26 %. Operating profit, while up 28.77 % compared to last year, faced a quarter-on-quarter increase of 141.62 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -0.35 %, but an expansion of 5.62 % sequentially. Other income rose by 158.36 % compared to the last quarter, despite an annual growth of 236.56 %. Interest expenses dropped significantly by -16.47 % from the previous quarter, yet the year-over-year decrease remains at a moderate -23.49 %. Depreciation costs climbed by 17.98 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 27.82 %. Profit before tax grew annually by 37.85 % but saw an increase from the preceding quarter by 194.74 %.
Tax expenses as a percentage of profits decreased slightly by -0.27 % compared to last year, with a more notable quarter-on-quarter increase of 3.93 %. Net profit rose by 38.35 % year-on-year but experienced a 180.1 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 9.03 % but a quarterly rise of 180.13 %. In summary, Vadilal Industries 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. 355.316 Cr | Rs. 251.45 Cr | Rs. 464.25 Cr | + 84.63 % | + 30.66 % |
| Expenses | Rs. 269.44 Cr | Rs. 205.68 Cr | Rs. 353.66 Cr | + 71.95 % | + 31.26 % |
| Operating Profit | Rs. 85.88 Cr | Rs. 45.77 Cr | Rs. 110.59 Cr | + 141.62 % | + 28.77 % |
| Net Profit | Rs. 55.96 Cr | Rs. 27.64 Cr | Rs. 77.42 Cr | + 180.1 % | + 38.35 % |
| EPS in Rs | Rs. 98.79 | Rs. 38.45 | Rs. 107.71 | + 180.13 % | + 9.03 % |
In reviewing Vadilal Industries Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 30.66 % year-on-year growth, however, there was a minor increase of 84.63 % from the previous quarter. Expenses rose by 31.26 % compared to the previous year, with a 71.95 % increase quarter-on-quarter. Operating Profit surged by 28.77 % annually, and saw a 141.62 % increase from the last quarter.
Net Profit showed yearly increase of 38.35 %, and experienced a 180.1 % increase from the previous quarter. Earnings Per Share (EPS) rose by 9.03 % annually, however rose by 180.13 % compared to the last quarter. In essence, while Vadilal Industries Limited exhibits strong annual growth 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.
