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Vaibhav Global : Q4 2024 Financial Quarterly Report : YoY Sales Down 5.65 %, QoQ Down 8.7 %

May 24, 2024May 24, 2024| adminadmin| 0 Comments| 12:15 pm
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Highlights

  • Sales over the Year and quarter: The company’s sales declined by -5.65 % over the year, decrease in net sales/revenue by -8.7 %.
  • Income over the Year and quarter: There has been decline in other income over the past year which is -1.16 %, Marginal increase in other income during this quarter, up by 50.48%.
  • Profit over the Year and quarter: Challenges in sustaining profitability for Vaibhav Global Ltd. Profit dropped by -37.58 % Year to Year, Vaibhav Global Ltd’s profitability increased by 603.44 % in this quarter.
  • EPS over the Year and quarter: EPS declined by -37.82 % Year to Year. EPS increased by 605.88 % in previous quarter. Positive impact on shareholders.

The comprehensive analytics outlining the performance and outlook of Vaibhav Global Ltd”s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 124.739 Cr Rs. 128.909 Cr Rs. 117.689 Cr -8.7 % -5.65 %
Expenses Rs. 118.32 Cr Rs. 125.89 Cr Rs. 115.69 Cr -8.1 % -2.22 %
Operating Profit Rs. 6.42 Cr Rs. 3.02 Cr Rs. 2 Cr -33.77 % -68.85 %
OPM % 5.15 % 2.34 % 1.7 % -0.64 % -3.45 %
Other Income Rs. 30.22 Cr Rs. 19.85 Cr Rs. 29.87 Cr + 50.48 % -1.16 %
Interest Rs. 1.48 Cr Rs. 2.01 Cr Rs. 1.82 Cr -9.45 % + 22.97 %
Depreciation Rs. 1.98 Cr Rs. 2.11 Cr Rs. 1.78 Cr -15.64 % -10.1 %
Profit before tax Rs. 33.18 Cr Rs. 18.75 Cr Rs. 28.27 Cr + 50.77 % -14.8 %
Tax % 4.26 % 18.43 % 0.93 % -17.5 % -3.33 %
Net Profit Rs. 31.77 Cr Rs. 2.82 Cr Rs. 19.83 Cr + 603.19 % -37.58 %
EPS in Rs Rs. 1.9 Rs. 0.17 Rs. 1.18 + 594.12 % -37.89 %


Today, we’re looking at Vaibhav Global 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 -5.65 %. However, it did see a marginal slip of -8.7 % from the previous quarter. Expenses decreased slightly by -8.1 % quarter-on-quarter, aligning with the annual decline of -2.22 %. Operating profit, while down -68.85 % compared to last year, faced a quarter-on-quarter dip of -33.77 %, 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 -3.45 %, but a shrinkage of -0.64 % sequentially. Other income rose by 50.48 % compared to the last quarter, despite an annual decline of -1.16 %. Interest expenses dropped significantly by -9.45 % from the previous quarter, yet the year-over-year increase remains at a moderate 22.97 %. Depreciation costs fell by -15.64 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -10.1 %. Profit before tax declined annually by -14.8 % but saw an increase from the preceding quarter by 50.77 %.
Tax expenses as a percentage of profits decreased slightly by -3.33 % compared to last year, with a more notable quarter-on-quarter decrease of -17.5 %. Net profit fell by -37.58 % year-on-year but experienced a 603.19 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -37.89 % but a quarterly rise of 594.12 %. In summary, Vaibhav Global 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. 124.739 Cr Rs. 128.909 Cr Rs. 117.689 Cr -8.7 % -5.65 %
Expenses Rs. 118.32 Cr Rs. 125.89 Cr Rs. 115.69 Cr -8.1 % -2.22 %
Operating Profit Rs. 6.42 Cr Rs. 3.02 Cr Rs. 2 Cr -33.77 % -68.85 %
Net Profit Rs. 31.77 Cr Rs. 2.82 Cr Rs. 19.83 Cr + 603.19 % -37.58 %
EPS in Rs Rs. 1.9 Rs. 0.17 Rs. 1.18 + 594.12 % -37.89 %


In reviewing Vaibhav Global Ltd’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -5.65 % year-on-year, although there was a slight dip of -8.7 % from the previous quarter. Expenses decreased by -2.22 % compared to the previous year, with a decrease of -8.1 % quarter-on-quarter. Operating Profit dropped by -68.85 % annually, and saw a -33.77 % decrease from the last quarter.
Net Profit showed yearly decrease of -37.58 %, and experienced a 603.19 % increase from the previous quarter. Earnings Per Share (EPS) fell by -37.89 % annually, however rose by 594.12 % compared to the last quarter. In essence, while Vaibhav Global 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.

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