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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 11.86 % in the past year, substantial increase in net sales/revenue by 9328.57 %.
- 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 0 %. Marginal increase in other income during this quarter, up by 101.58%.
- Profit over the Year and quarter: Significant improvement in profitability for Vardhman Holdings Limited. Notable increase of 67 % in net profit Year to Year, Vardhman Holdings Limited’s profitability increased by 185.89 % in this quarter.
- EPS over the Year and quarter: EPS increased by 67.05 % Year to Year. EPS increased by 185.89 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 5.9 Cr | Rs. 0.07 Cr | Rs. 6.6 Cr | + 9328.57 % | + 11.86 % |
Expenses | Rs. 0.47 Cr | Rs. 2.72 Cr | Rs. 1.28 Cr | -52.94 % | + 172.34 % |
Operating Profit | Rs. 5.43 Cr | Rs. -2.65 Cr | Rs. 5.32 Cr | + 300.75 % | -2.03 % |
OPM % | 92.03 % | -3785.71 % | 80.61 % | + 3866.32 % | -11.42 % |
Other Income | Rs. 0.44 Cr | Rs. -27.93 Cr | Rs. 0.44 Cr | + 101.58 % | + 0 % |
Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Depreciation | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Profit before tax | Rs. 5.87 Cr | Rs. -30.58 Cr | Rs. 5.76 Cr | + 118.84 % | -1.87 % |
Tax % | 23.85 % | -0.52 % | 22.05 % | + 22.57 % | -1.8 % |
Net Profit | Rs. 43.79 Cr | Rs. 25.58 Cr | Rs. 73.13 Cr | + 185.89 % | + 67 % |
EPS in Rs | Rs. 137.17 | Rs. 80.15 | Rs. 229.14 | + 185.89 % | + 67.05 % |
Today, we’re looking at Vardhman Holdings 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 11.86 %. However, it did see a marginal increase of 9328.57 % from the previous quarter. Expenses decreased slightly by -52.94 % quarter-on-quarter, aligning with the annual rise of 172.34 %. Operating profit, while down -2.03 % compared to last year, faced a quarter-on-quarter increase of 300.75 %, 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 -11.42 %, but an expansion of 3866.32 % sequentially. Other income rose by 101.58 % compared to the last quarter, despite an annual growth of 0 %. Profit before tax declined annually by -1.87 % but saw an increase from the preceding quarter by 118.84 %.
Tax expenses as a percentage of profits decreased slightly by -1.8 % compared to last year, with a more notable quarter-on-quarter increase of 22.57 %. Net profit rose by 67 % year-on-year but experienced a 185.89 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 67.05 % but a quarterly rise of 185.89 %. In summary, Vardhman Holdings 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. 5.9 Cr | Rs. 0.07 Cr | Rs. 6.6 Cr | + 9328.57 % | + 11.86 % |
Expenses | Rs. 0.47 Cr | Rs. 2.72 Cr | Rs. 1.28 Cr | -52.94 % | + 172.34 % |
Operating Profit | Rs. 5.43 Cr | Rs. -2.65 Cr | Rs. 5.32 Cr | + 300.75 % | -2.03 % |
Net Profit | Rs. 43.79 Cr | Rs. 25.58 Cr | Rs. 73.13 Cr | + 185.89 % | + 67 % |
EPS in Rs | Rs. 137.17 | Rs. 80.15 | Rs. 229.14 | + 185.89 % | + 67.05 % |
In reviewing Vardhman Holdings Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 11.86 % year-on-year growth, however, there was a minor increase of 9328.57 % from the previous quarter. Expenses rose by 172.34 % compared to the previous year, with a decrease of -52.94 % quarter-on-quarter. Operating Profit dropped by -2.03 % annually, and saw a 300.75 % increase from the last quarter.
Net Profit showed yearly increase of 67 %, and experienced a 185.89 % increase from the previous quarter. Earnings Per Share (EPS) rose by 67.05 % annually, however rose by 185.89 % compared to the last quarter. In essence, while Vardhman Holdings 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.
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