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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 26.62 % in the past year, substantial increase in net sales/revenue by 11.16 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -5.77 %, Marginal decrease of -8.83% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Vakrangee Limited. Notable increase of 39.39 % in net profit Year to Year, Vakrangee Limited’s profitability dropped by -73.56 % Quarter to Quarter.
- EPS over the Year and quarter: EPS decreased by -50 % in previous quarter. Analysis needed for shareholder value.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 51.536 Cr | Rs. 58.702 Cr | Rs. 65.253 Cr | + 11.16 % | + 26.62 % |
Expenses | Rs. 45.61 Cr | Rs. 52.15 Cr | Rs. 60.01 Cr | + 15.07 % | + 31.57 % |
Operating Profit | Rs. 5.93 Cr | Rs. 6.55 Cr | Rs. 5.24 Cr | -20 % | -11.64 % |
OPM % | 11.51 % | 11.16 % | 8.03 % | -3.13 % | -3.48 % |
Other Income | Rs. 0.866 Cr | Rs. 0.895 Cr | Rs. 0.816 Cr | -8.83 % | -5.77 % |
Interest | Rs. 1.83 Cr | Rs. 0.45 Cr | Rs. 0.6 Cr | + 33.33 % | -67.21 % |
Depreciation | Rs. 3.97 Cr | Rs. 3.89 Cr | Rs. 4.28 Cr | + 10.03 % | + 7.81 % |
Profit before tax | Rs. 1 Cr | Rs. 3.11 Cr | Rs. 1.18 Cr | -62.06 % | + 18 % |
Tax % | 57.3 % | 28.05 % | 50.21 % | + 22.16 % | -7.09 % |
Net Profit | Rs. 0.42 Cr | Rs. 2.24 Cr | Rs. 0.59 Cr | -73.66 % | + 40.48 % |
EPS in Rs | Rs. 0 | Rs. 0.02 | Rs. 0.01 | -50 % | 0 % |
Today, we’re looking at Vakrangee Limited’s financial performance for the Q2(Sep 2024-25).Starting with the top line, the company reported a robust year-over-year sales growth of 26.62 %. However, it did see a marginal increase of 11.16 % from the previous quarter. Expenses ticked up slightly by 15.07 % quarter-on-quarter, aligning with the annual rise of 31.57 %. Operating profit, while down -11.64 % compared to last year, faced a quarter-on-quarter dip of -20 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -3.48 %, but a shrinkage of -3.13 % sequentially. Other income fell by -8.83 % compared to the last quarter, despite an annual decline of -5.77 %. Interest expenses surged remarkably by 33.33 % from the previous quarter, yet the year-over-year decrease remains at a moderate -67.21 %. Depreciation costs climbed by 10.03 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 7.81 %. Profit before tax grew annually by 18 % but saw a reduction from the preceding quarter by -62.06 %.
Tax expenses as a percentage of profits decreased slightly by -7.09 % compared to last year, with a more notable quarter-on-quarter increase of 22.16 %. Net profit rose by 40.48 % year-on-year but witnessed a -73.66 % contraction from the last quarter. but a quarterly fall of -50 %. In summary, Vakrangee 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. 51.536 Cr | Rs. 58.702 Cr | Rs. 65.253 Cr | + 11.16 % | + 26.62 % |
Expenses | Rs. 45.61 Cr | Rs. 52.15 Cr | Rs. 60.01 Cr | + 15.07 % | + 31.57 % |
Operating Profit | Rs. 5.93 Cr | Rs. 6.55 Cr | Rs. 5.24 Cr | -20 % | -11.64 % |
Net Profit | Rs. 0.42 Cr | Rs. 2.24 Cr | Rs. 0.59 Cr | -73.66 % | + 40.48 % |
EPS in Rs | Rs. 0 | Rs. 0.02 | Rs. 0.01 | -50 % | 0 % |
In reviewing Vakrangee Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 26.62 % year-on-year growth, however, there was a minor increase of 11.16 % from the previous quarter. Expenses rose by 31.57 % compared to the previous year, with a 15.07 % increase quarter-on-quarter. Operating Profit dropped by -11.64 % annually, and saw a -20 % decrease from the last quarter.
Net Profit showed yearly increase of 40.48 %, and experienced a -73.66 % decrease from the previous quarter. however dipped by -50 % compared to the last quarter. In essence, while Vakrangee Limited exhibits strong annual growth indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.
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