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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 17.77 % in the past year, substantial increase in net sales/revenue by 15.22 %.
- 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 85.93 %. Marginal increase in other income during this quarter, up by 53.29%.
- Profit over the Year and quarter: Significant improvement in profitability for V-Guard Industries Ltd.. Notable increase of 44.46 % in net profit Year to Year, V-Guard Industries Ltd.’s profitability increased by 30.79 % in this quarter.
- EPS over the Year and quarter: EPS increased by 42.62 % Year to Year. EPS increased by 30.83 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 1140.144 Cr | Rs. 1165.39 Cr | Rs. 1342.77 Cr | + 15.22 % | + 17.77 % |
Expenses | Rs. 1041.49 Cr | Rs. 1063.77 Cr | Rs. 1214.92 Cr | + 14.21 % | + 16.65 % |
Operating Profit | Rs. 98.65 Cr | Rs. 101.62 Cr | Rs. 127.85 Cr | + 25.81 % | + 29.6 % |
OPM % | 8.65 % | 8.72 % | 9.52 % | + 0.8 % | + 0.87 % |
Other Income | Rs. 2.63 Cr | Rs. 3.19 Cr | Rs. 4.89 Cr | + 53.29 % | + 85.93 % |
Interest | Rs. 10.16 Cr | Rs. 9.42 Cr | Rs. 9.94 Cr | + 5.52 % | -2.17 % |
Depreciation | Rs. 19.06 Cr | Rs. 19.14 Cr | Rs. 22.17 Cr | + 15.83 % | + 16.32 % |
Profit before tax | Rs. 72.06 Cr | Rs. 76.25 Cr | Rs. 100.63 Cr | + 31.97 % | + 39.65 % |
Tax % | 26.84 % | 23.62 % | 24.31 % | + 0.69 % | -2.53 % |
Net Profit | Rs. 52.73 Cr | Rs. 58.24 Cr | Rs. 76.17 Cr | + 30.79 % | + 44.45 % |
EPS in Rs | Rs. 1.22 | Rs. 1.33 | Rs. 1.74 | + 30.83 % | + 42.62 % |
Today, we’re looking at V-Guard Industries Ltd.’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 17.77 %. However, it did see a marginal increase of 15.22 % from the previous quarter. Expenses ticked up slightly by 14.21 % quarter-on-quarter, aligning with the annual rise of 16.65 %. Operating profit, while up 29.6 % compared to last year, faced a quarter-on-quarter increase of 25.81 %, 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 0.87 %, but an expansion of 0.8 % sequentially. Other income rose by 53.29 % compared to the last quarter, despite an annual growth of 85.93 %. Interest expenses surged remarkably by 5.52 % from the previous quarter, yet the year-over-year decrease remains at a moderate -2.17 %. Depreciation costs climbed by 15.83 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 16.32 %. Profit before tax grew annually by 39.65 % but saw an increase from the preceding quarter by 31.97 %.
Tax expenses as a percentage of profits decreased slightly by -2.53 % compared to last year, with a more notable quarter-on-quarter increase of 0.69 %. Net profit rose by 44.45 % year-on-year but experienced a 30.79 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 42.62 % but a quarterly rise of 30.83 %. In summary, V-Guard Industries 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. 1140.144 Cr | Rs. 1165.39 Cr | Rs. 1342.77 Cr | + 15.22 % | + 17.77 % |
Expenses | Rs. 1041.49 Cr | Rs. 1063.77 Cr | Rs. 1214.92 Cr | + 14.21 % | + 16.65 % |
Operating Profit | Rs. 98.65 Cr | Rs. 101.62 Cr | Rs. 127.85 Cr | + 25.81 % | + 29.6 % |
Net Profit | Rs. 52.73 Cr | Rs. 58.24 Cr | Rs. 76.17 Cr | + 30.79 % | + 44.45 % |
EPS in Rs | Rs. 1.22 | Rs. 1.33 | Rs. 1.74 | + 30.83 % | + 42.62 % |
In reviewing V-Guard Industries Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 17.77 % year-on-year growth, however, there was a minor increase of 15.22 % from the previous quarter. Expenses rose by 16.65 % compared to the previous year, with a 14.21 % increase quarter-on-quarter. Operating Profit surged by 29.6 % annually, and saw a 25.81 % increase from the last quarter.
Net Profit showed yearly increase of 44.45 %, and experienced a 30.79 % increase from the previous quarter. Earnings Per Share (EPS) rose by 42.62 % annually, however rose by 30.83 % compared to the last quarter. In essence, while V-Guard Industries Ltd. 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.