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Highlights
- Sales over the Year and quarter: The company’s sales declined by -10.59 % over the year, decrease in net sales/revenue by -1.06 %.
- 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 16.48 %. Marginal decrease of -22.63% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Vishnu Chemicals Limited. Profit dropped by -22.18 % Year to Year, Vishnu Chemicals Limited’s profitability increased by 33.6 % in this quarter.
- EPS over the Year and quarter: EPS declined by -29.15 % Year to Year. EPS increased by 33.44 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 335.927 Cr | Rs. 303.577 Cr | Rs. 300.355 Cr | -1.06 % | -10.59 % |
Expenses | Rs. 274.7 Cr | Rs. 262.63 Cr | Rs. 236.82 Cr | -9.83 % | -13.79 % |
Operating Profit | Rs. 61.23 Cr | Rs. 40.95 Cr | Rs. 63.54 Cr | + 55.16 % | + 3.77 % |
OPM % | 18.23 % | 13.49 % | 21.15 % | + 7.66 % | + 2.92 % |
Other Income | Rs. 2.73 Cr | Rs. 4.11 Cr | Rs. 3.18 Cr | -22.63 % | + 16.48 % |
Interest | Rs. 8.83 Cr | Rs. 9.13 Cr | Rs. 9.24 Cr | + 1.2 % | + 4.64 % |
Depreciation | Rs. 6.51 Cr | Rs. 8.85 Cr | Rs. 8.7 Cr | -1.69 % | + 33.64 % |
Profit before tax | Rs. 48.62 Cr | Rs. 27.08 Cr | Rs. 48.78 Cr | + 80.13 % | + 0.33 % |
Tax % | 26.69 % | 23.33 % | 43.14 % | + 19.81 % | + 16.45 % |
Net Profit | Rs. 35.64 Cr | Rs. 20.76 Cr | Rs. 27.73 Cr | + 33.57 % | -22.19 % |
EPS in Rs | Rs. 5.97 | Rs. 3.17 | Rs. 4.23 | + 33.44 % | -29.15 % |
Today, we’re looking at Vishnu Chemicals Limited’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -10.59 %. However, it did see a marginal slip of -1.06 % from the previous quarter. Expenses decreased slightly by -9.83 % quarter-on-quarter, aligning with the annual decline of -13.79 %. Operating profit, while up 3.77 % compared to last year, faced a quarter-on-quarter increase of 55.16 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 2.92 %, but an expansion of 7.66 % sequentially. Other income fell by -22.63 % compared to the last quarter, despite an annual growth of 16.48 %. Interest expenses surged remarkably by 1.2 % from the previous quarter, yet the year-over-year increase remains at a moderate 4.64 %. Depreciation costs fell by -1.69 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 33.64 %. Profit before tax grew annually by 0.33 % but saw an increase from the preceding quarter by 80.13 %.
Tax expenses as a percentage of profits increased slightly by 16.45 % compared to last year, with a more notable quarter-on-quarter increase of 19.81 %. Net profit fell by -22.19 % year-on-year but experienced a 33.57 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -29.15 % but a quarterly rise of 33.44 %. In summary, Vishnu Chemicals 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. 335.927 Cr | Rs. 303.577 Cr | Rs. 300.355 Cr | -1.06 % | -10.59 % |
Expenses | Rs. 274.7 Cr | Rs. 262.63 Cr | Rs. 236.82 Cr | -9.83 % | -13.79 % |
Operating Profit | Rs. 61.23 Cr | Rs. 40.95 Cr | Rs. 63.54 Cr | + 55.16 % | + 3.77 % |
Net Profit | Rs. 35.64 Cr | Rs. 20.76 Cr | Rs. 27.73 Cr | + 33.57 % | -22.19 % |
EPS in Rs | Rs. 5.97 | Rs. 3.17 | Rs. 4.23 | + 33.44 % | -29.15 % |
In reviewing Vishnu Chemicals Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -10.59 % year-on-year, although there was a slight dip of -1.06 % from the previous quarter. Expenses decreased by -13.79 % compared to the previous year, with a decrease of -9.83 % quarter-on-quarter. Operating Profit surged by 3.77 % annually, and saw a 55.16 % increase from the last quarter.
Net Profit showed yearly decrease of -22.19 %, and experienced a 33.57 % increase from the previous quarter. Earnings Per Share (EPS) fell by -29.15 % annually, however rose by 33.44 % compared to the last quarter. In essence, while Vishnu Chemicals 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.