Share the post "VA Tech Wabag : Q4 2024 Financial Quarterly Report : YoY Sales Up 0.79 %, QoQ Up 32.62 %"
Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 0.79 % in the past year, substantial increase in net sales/revenue by 32.62 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -28.26 %, Marginal increase in other income during this quarter, up by 156.25%.
- Profit over the Year and quarter: Challenges in sustaining profitability for VA Tech Wabag Limited. Profit dropped by -169.76 % Year to Year, VA Tech Wabag Limited’s profitability increased by 24.76 % in this quarter.
- EPS over the Year and quarter: EPS declined by -165.17 % Year to Year. EPS increased by 15.13 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 926.86 Cr | Rs. 704.4 Cr | Rs. 934.2 Cr | + 32.62 % | + 0.79 % |
Expenses | Rs. 818.43 Cr | Rs. 605.5 Cr | Rs. 818.7 Cr | + 35.21 % | + 0.03 % |
Operating Profit | Rs. 108.43 Cr | Rs. 98.9 Cr | Rs. 115.5 Cr | + 16.78 % | + 6.52 % |
OPM % | 11.7 % | 14.04 % | 12.36 % | -1.68 % | + 0.66 % |
Other Income | Rs. 11.43 Cr | Rs. 3.2 Cr | Rs. 8.2 Cr | + 156.25 % | -28.26 % |
Interest | Rs. 16.17 Cr | Rs. 16.7 Cr | Rs. 21.8 Cr | + 30.54 % | + 34.82 % |
Depreciation | Rs. 2.15 Cr | Rs. 2.1 Cr | Rs. 2.5 Cr | + 19.05 % | + 16.28 % |
Profit before tax | Rs. 101.54 Cr | Rs. 83.3 Cr | Rs. 99.4 Cr | + 19.33 % | -2.11 % |
Tax % | -20.53 % | 24.7 % | 21.82 % | -2.88 % | + 42.35 % |
Net Profit | Rs. -111.95 Cr | Rs. 62.6 Cr | Rs. 78.1 Cr | + 24.76 % | + 169.76 % |
EPS in Rs | Rs. -17.86 | Rs. 10.11 | Rs. 11.64 | + 15.13 % | + 165.17 % |
Today, we’re looking at VA Tech Wabag 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 0.79 %. However, it did see a marginal increase of 32.62 % from the previous quarter. Expenses ticked up slightly by 35.21 % quarter-on-quarter, aligning with the annual rise of 0.03 %. Operating profit, while up 6.52 % compared to last year, faced a quarter-on-quarter increase of 16.78 %, 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 0.66 %, but a shrinkage of -1.68 % sequentially. Other income rose by 156.25 % compared to the last quarter, despite an annual decline of -28.26 %. Interest expenses surged remarkably by 30.54 % from the previous quarter, yet the year-over-year increase remains at a moderate 34.82 %. Depreciation costs climbed by 19.05 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 16.28 %. Profit before tax declined annually by -2.11 % but saw an increase from the preceding quarter by 19.33 %.
Tax expenses as a percentage of profits increased slightly by 42.35 % compared to last year, with a more notable quarter-on-quarter decrease of -2.88 %. Net profit rose by 169.76 % year-on-year but experienced a 24.76 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 165.17 % but a quarterly rise of 15.13 %. In summary, VA Tech Wabag 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. 926.86 Cr | Rs. 704.4 Cr | Rs. 934.2 Cr | + 32.62 % | + 0.79 % |
Expenses | Rs. 818.43 Cr | Rs. 605.5 Cr | Rs. 818.7 Cr | + 35.21 % | + 0.03 % |
Operating Profit | Rs. 108.43 Cr | Rs. 98.9 Cr | Rs. 115.5 Cr | + 16.78 % | + 6.52 % |
Net Profit | Rs. -111.95 Cr | Rs. 62.6 Cr | Rs. 78.1 Cr | + 24.76 % | + 169.76 % |
EPS in Rs | Rs. -17.86 | Rs. 10.11 | Rs. 11.64 | + 15.13 % | + 165.17 % |
In reviewing VA Tech Wabag Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 0.79 % year-on-year growth, however, there was a minor increase of 32.62 % from the previous quarter. Expenses rose by 0.03 % compared to the previous year, with a 35.21 % increase quarter-on-quarter. Operating Profit surged by 6.52 % annually, and saw a 16.78 % increase from the last quarter.
Net Profit showed yearly increase of 169.76 %, and experienced a 24.76 % increase from the previous quarter. Earnings Per Share (EPS) rose by 165.17 % annually, however rose by 15.13 % compared to the last quarter. In essence, while VA Tech Wabag 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.