Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 14.59 % in the past year, decrease in net sales/revenue by -5.51 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -14.54 %, Marginal increase in other income during this quarter, up by 45.86%.
- Profit over the Year and quarter: Significant improvement in profitability for V.I.P. Industries Ltd.,. Notable increase of 460.56 % in net profit Year to Year, V.I.P. Industries Ltd.,’s profitability dropped by -433.99 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 460.00 % Year to Year. EPS decreased by -436 % 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. 450.57 Cr | Rs. 546.42 Cr | Rs. 516.32 Cr | -5.51 % | + 14.59 % |
Expenses | Rs. 386.29 Cr | Rs. 494.17 Cr | Rs. 508.49 Cr | + 2.9 % | + 31.63 % |
Operating Profit | Rs. 64.28 Cr | Rs. 52.25 Cr | Rs. 7.83 Cr | -85.01 % | -87.82 % |
OPM % | 14.27 % | 9.56 % | 1.52 % | -8.04 % | -12.75 % |
Other Income | Rs. 4.54 Cr | Rs. 2.66 Cr | Rs. 3.88 Cr | + 45.86 % | -14.54 % |
Interest | Rs. 8.41 Cr | Rs. 15.16 Cr | Rs. 16.73 Cr | + 10.36 % | + 98.93 % |
Depreciation | Rs. 19.62 Cr | Rs. 26.56 Cr | Rs. 28.23 Cr | + 6.29 % | + 43.88 % |
Profit before tax | Rs. 40.79 Cr | Rs. 13.19 Cr | Rs. -33.25 Cr | -352.08 % | -181.52 % |
Tax % | -33.64 % | 45.79 % | -28.18 % | -73.97 % | + 5.46 % |
Net Profit | Rs. -4.26 Cr | Rs. 7.15 Cr | Rs. -23.88 Cr | -433.99 % | -460.56 % |
EPS in Rs | Rs. -0.3 | Rs. 0.5 | Rs. -1.68 | -436 % | -460 % |
Today, we’re looking at V.I.P. 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 14.59 %. However, it did see a marginal slip of -5.51 % from the previous quarter. Expenses ticked up slightly by 2.9 % quarter-on-quarter, aligning with the annual rise of 31.63 %. Operating profit, while down -87.82 % compared to last year, faced a quarter-on-quarter dip of -85.01 %, 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 -12.75 %, but a shrinkage of -8.04 % sequentially. Other income rose by 45.86 % compared to the last quarter, despite an annual decline of -14.54 %. Interest expenses surged remarkably by 10.36 % from the previous quarter, yet the year-over-year increase remains at a moderate 98.93 %. Depreciation costs climbed by 6.29 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 43.88 %. Profit before tax declined annually by -181.52 % but saw a reduction from the preceding quarter by -352.08 %.
Tax expenses as a percentage of profits increased slightly by 5.46 % compared to last year, with a more notable quarter-on-quarter decrease of -73.97 %. Net profit fell by -460.56 % year-on-year but witnessed a -433.99 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -460 % but a quarterly fall of -436 %. In summary, V.I.P. 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. 450.57 Cr | Rs. 546.42 Cr | Rs. 516.32 Cr | -5.51 % | + 14.59 % |
Expenses | Rs. 386.29 Cr | Rs. 494.17 Cr | Rs. 508.49 Cr | + 2.9 % | + 31.63 % |
Operating Profit | Rs. 64.28 Cr | Rs. 52.25 Cr | Rs. 7.83 Cr | -85.01 % | -87.82 % |
Net Profit | Rs. -4.26 Cr | Rs. 7.15 Cr | Rs. -23.88 Cr | -433.99 % | -460.56 % |
EPS in Rs | Rs. -0.3 | Rs. 0.5 | Rs. -1.68 | -436 % | -460 % |
In reviewing V.I.P. Industries Ltd.,’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 14.59 % year-on-year growth, although there was a slight dip of -5.51 % from the previous quarter. Expenses rose by 31.63 % compared to the previous year, with a 2.9 % increase quarter-on-quarter. Operating Profit dropped by -87.82 % annually, and saw a -85.01 % decrease from the last quarter.
Net Profit showed yearly decrease of -460.56 %, and experienced a -433.99 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -460 % annually, however dipped by -436 % compared to the last quarter. In essence, while V.I.P. Industries Ltd., faces strong annual decline indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.