Share the post "Nuvoco Vistas Corporation Limited’s Quarterly Result and Earnings Report for Q4(Mar 2024) : Sales increased by (0.17) % in YoY and increased by 21.17 % in QoQ"
Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 0.17 % in the past year, substantial increase in net sales/revenue by 21.17 %.
- 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 191.46 %. Marginal decrease of -34.16% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Nuvoco Vistas Corporation Limited. Profit dropped by -50.09 % Year to Year, Nuvoco Vistas Corporation Limited’s profitability increased by 223.4 % in this quarter.
- EPS over the Year and quarter: EPS declined by -50.09 % Year to Year. EPS increased by 222.99 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 2928.5 Cr | Rs. 2420.98 Cr | Rs. 2933.44 Cr | + 21.17 % | + 0.17 % |
| Expenses | Rs. 2548.06 Cr | Rs. 2010.57 Cr | Rs. 2442.63 Cr | + 21.49 % | -4.14 % |
| Operating Profit | Rs. 380.44 Cr | Rs. 410.41 Cr | Rs. 490.81 Cr | + 19.59 % | + 29.01 % |
| OPM % | 12.99 % | 16.95 % | 16.73 % | -0.22 % | + 3.74 % |
| Other Income | Rs. 2.46 Cr | Rs. 10.89 Cr | Rs. 7.17 Cr | -34.16 % | + 191.46 % |
| Interest | Rs. 137.45 Cr | Rs. 133.23 Cr | Rs. 124.9 Cr | -6.25 % | -9.13 % |
| Depreciation | Rs. 239.13 Cr | Rs. 231.25 Cr | Rs. 218.07 Cr | -5.7 % | -8.81 % |
| Profit before tax | Rs. 6.32 Cr | Rs. 56.82 Cr | Rs. 155.01 Cr | + 172.81 % | + 2352.69 % |
| Tax % | -150.33 % | 45.39 % | 35.26 % | -10.13 % | + 185.59 % |
| Net Profit | Rs. 201.06 Cr | Rs. 31.03 Cr | Rs. 100.35 Cr | + 223.4 % | -50.09 % |
| EPS in Rs | Rs. 5.63 | Rs. 0.87 | Rs. 2.81 | + 222.99 % | -50.09 % |
Today, we’re looking at Nuvoco Vistas Corporation Limited’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 0.17 %. However, it did see a marginal increase of 21.17 % from the previous quarter. Expenses ticked up slightly by 21.49 % quarter-on-quarter, aligning with the annual decline of -4.14 %. Operating profit, while up 29.01 % compared to last year, faced a quarter-on-quarter increase of 19.59 %, 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 3.74 %, but a shrinkage of -0.22 % sequentially. Other income fell by -34.16 % compared to the last quarter, despite an annual growth of 191.46 %. Interest expenses dropped significantly by -6.25 % from the previous quarter, yet the year-over-year decrease remains at a moderate -9.13 %. Depreciation costs fell by -5.7 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -8.81 %. Profit before tax grew annually by 2352.69 % but saw an increase from the preceding quarter by 172.81 %.
Tax expenses as a percentage of profits increased slightly by 185.59 % compared to last year, with a more notable quarter-on-quarter decrease of -10.13 %. Net profit fell by -50.09 % year-on-year but experienced a 223.4 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -50.09 % but a quarterly rise of 222.99 %. In summary, Nuvoco Vistas Corporation 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. 2928.5 Cr | Rs. 2420.98 Cr | Rs. 2933.44 Cr | + 21.17 % | + 0.17 % |
| Expenses | Rs. 2548.06 Cr | Rs. 2010.57 Cr | Rs. 2442.63 Cr | + 21.49 % | -4.14 % |
| Operating Profit | Rs. 380.44 Cr | Rs. 410.41 Cr | Rs. 490.81 Cr | + 19.59 % | + 29.01 % |
| Net Profit | Rs. 201.06 Cr | Rs. 31.03 Cr | Rs. 100.35 Cr | + 223.4 % | -50.09 % |
| EPS in Rs | Rs. 5.63 | Rs. 0.87 | Rs. 2.81 | + 222.99 % | -50.09 % |
In reviewing Nuvoco Vistas Corporation Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 0.17 % year-on-year growth, however, there was a minor increase of 21.17 % from the previous quarter. Expenses decreased by -4.14 % compared to the previous year, with a 21.49 % increase quarter-on-quarter. Operating Profit surged by 29.01 % annually, and saw a 19.59 % increase from the last quarter.
Net Profit showed yearly decrease of -50.09 %, and experienced a 223.4 % increase from the previous quarter. Earnings Per Share (EPS) fell by -50.09 % annually, however rose by 222.99 % compared to the last quarter. In essence, while Nuvoco Vistas Corporation 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.
