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Highlights
- Sales over the Year and quarter: The company’s sales declined by -18.93 % over the year, substantial increase in net sales/revenue by 16.27 %.
- 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 1.22 %. Marginal increase in other income during this quarter, up by 20.29%.
- Profit over the Year and quarter: Challenges in sustaining profitability for IVP Ltd.,. Profit dropped by -44.5 % Year to Year, IVP Ltd.,’s profitability increased by 177.19 % in this quarter.
- EPS over the Year and quarter: EPS declined by -44.50 % Year to Year. EPS increased by 176.51 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 175.45 Cr | Rs. 122.33 Cr | Rs. 142.23 Cr | + 16.27 % | -18.93 % |
Expenses | Rs. 160.62 Cr | Rs. 117.24 Cr | Rs. 133.4 Cr | + 13.78 % | -16.95 % |
Operating Profit | Rs. 14.83 Cr | Rs. 5.09 Cr | Rs. 8.83 Cr | + 73.48 % | -40.46 % |
OPM % | 8.45 % | 4.16 % | 6.21 % | + 2.05 % | -2.24 % |
Other Income | Rs. 0.82 Cr | Rs. 0.69 Cr | Rs. 0.83 Cr | + 20.29 % | + 1.22 % |
Interest | Rs. 2.94 Cr | Rs. 2 Cr | Rs. 1.85 Cr | -7.5 % | -37.07 % |
Depreciation | Rs. 1.29 Cr | Rs. 1.4 Cr | Rs. 1.4 Cr | + 0 % | + 8.53 % |
Profit before tax | Rs. 11.42 Cr | Rs. 2.38 Cr | Rs. 6.41 Cr | + 169.33 % | -43.87 % |
Tax % | 25.22 % | 28.15 % | 26.05 % | -2.1 % | + 0.83 % |
Net Profit | Rs. 8.54 Cr | Rs. 1.71 Cr | Rs. 4.74 Cr | + 177.19 % | -44.5 % |
EPS in Rs | Rs. 8.27 | Rs. 1.66 | Rs. 4.59 | + 176.51 % | -44.5 % |
Today, we’re looking at IVP Ltd.,’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -18.93 %. However, it did see a marginal increase of 16.27 % from the previous quarter. Expenses ticked up slightly by 13.78 % quarter-on-quarter, aligning with the annual decline of -16.95 %. Operating profit, while down -40.46 % compared to last year, faced a quarter-on-quarter increase of 73.48 %, 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 -2.24 %, but an expansion of 2.05 % sequentially. Other income rose by 20.29 % compared to the last quarter, despite an annual growth of 1.22 %. Interest expenses dropped significantly by -7.5 % from the previous quarter, yet the year-over-year decrease remains at a moderate -37.07 %. Depreciation costs climbed by 0 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 8.53 %. Profit before tax declined annually by -43.87 % but saw an increase from the preceding quarter by 169.33 %.
Tax expenses as a percentage of profits increased slightly by 0.83 % compared to last year, with a more notable quarter-on-quarter decrease of -2.1 %. Net profit fell by -44.5 % year-on-year but experienced a 177.19 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -44.5 % but a quarterly rise of 176.51 %. In summary, IVP Ltd.,’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. 175.45 Cr | Rs. 122.33 Cr | Rs. 142.23 Cr | + 16.27 % | -18.93 % |
Expenses | Rs. 160.62 Cr | Rs. 117.24 Cr | Rs. 133.4 Cr | + 13.78 % | -16.95 % |
Operating Profit | Rs. 14.83 Cr | Rs. 5.09 Cr | Rs. 8.83 Cr | + 73.48 % | -40.46 % |
Net Profit | Rs. 8.54 Cr | Rs. 1.71 Cr | Rs. 4.74 Cr | + 177.19 % | -44.5 % |
EPS in Rs | Rs. 8.27 | Rs. 1.66 | Rs. 4.59 | + 176.51 % | -44.5 % |
In reviewing IVP Ltd.,’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -18.93 % year-on-year, however, there was a minor increase of 16.27 % from the previous quarter. Expenses decreased by -16.95 % compared to the previous year, with a 13.78 % increase quarter-on-quarter. Operating Profit dropped by -40.46 % annually, and saw a 73.48 % increase from the last quarter.
Net Profit showed yearly decrease of -44.5 %, and experienced a 177.19 % increase from the previous quarter. Earnings Per Share (EPS) fell by -44.5 % annually, however rose by 176.51 % compared to the last quarter. In essence, while IVP Ltd., faces strong annual decline 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.