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Highlights
- The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company’s sales declined by -16.81 % over the year, decrease in net sales/revenue by -5 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -95.74 %, Marginal increase in other income during this quarter, up by 105.38%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Valiant Organics Limited. Profit dropped by -104.15 % Year to Year, Valiant Organics Limited’s profitability dropped by -96.93 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -105.02 % Year to Year. EPS decreased by -94.1 % 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. 201.843 Cr | Rs. 176.757 Cr | Rs. 167.917 Cr | -5 % | -16.81 % |
| Expenses | Rs. 177.98 Cr | Rs. 178.93 Cr | Rs. 152.38 Cr | -14.84 % | -14.38 % |
| Operating Profit | Rs. 23.86 Cr | Rs. -2.17 Cr | Rs. 15.54 Cr | + 816.13 % | -34.87 % |
| OPM % | 11.82 % | -1.23 % | 9.25 % | + 10.48 % | -2.57 % |
| Other Income | Rs. 8.962 Cr | Rs. -7.103 Cr | Rs. 0.382 Cr | + 105.38 % | -95.74 % |
| Interest | Rs. 4.31 Cr | Rs. 7.09 Cr | Rs. 4.91 Cr | -30.75 % | + 13.92 % |
| Depreciation | Rs. 8.67 Cr | Rs. 8.77 Cr | Rs. 8.78 Cr | + 0.11 % | + 1.27 % |
| Profit before tax | Rs. 19.84 Cr | Rs. -25.13 Cr | Rs. 2.23 Cr | + 108.87 % | -88.76 % |
| Tax % | 24.74 % | -19.97 % | 118.5 % | + 138.47 % | + 93.76 % |
| Net Profit | Rs. 14.93 Cr | Rs. -20.19 Cr | Rs. -0.62 Cr | + 96.93 % | -104.15 % |
| EPS in Rs | Rs. 4.44 | Rs. -3.81 | Rs. -0.22 | + 94.23 % | -104.95 % |
Today, we’re looking at Valiant Organics Limited’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -16.81 %. However, it did see a marginal slip of -5 % from the previous quarter. Expenses decreased slightly by -14.84 % quarter-on-quarter, aligning with the annual decline of -14.38 %. Operating profit, while down -34.87 % compared to last year, faced a quarter-on-quarter increase of 816.13 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -2.57 %, but an expansion of 10.48 % sequentially. Other income rose by 105.38 % compared to the last quarter, despite an annual decline of -95.74 %. Interest expenses dropped significantly by -30.75 % from the previous quarter, yet the year-over-year increase remains at a moderate 13.92 %. Depreciation costs climbed by 0.11 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 1.27 %. Profit before tax declined annually by -88.76 % but saw an increase from the preceding quarter by 108.87 %.
Tax expenses as a percentage of profits increased slightly by 93.76 % compared to last year, with a more notable quarter-on-quarter increase of 138.47 %. Net profit fell by -104.15 % year-on-year but experienced a 96.93 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -104.95 % but a quarterly rise of 94.23 %. In summary, Valiant Organics 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. 201.843 Cr | Rs. 176.757 Cr | Rs. 167.917 Cr | -5 % | -16.81 % |
| Expenses | Rs. 177.98 Cr | Rs. 178.93 Cr | Rs. 152.38 Cr | -14.84 % | -14.38 % |
| Operating Profit | Rs. 23.86 Cr | Rs. -2.17 Cr | Rs. 15.54 Cr | + 816.13 % | -34.87 % |
| Net Profit | Rs. 14.93 Cr | Rs. -20.19 Cr | Rs. -0.62 Cr | + 96.93 % | -104.15 % |
| EPS in Rs | Rs. 4.44 | Rs. -3.81 | Rs. -0.22 | + 94.23 % | -104.95 % |
In reviewing Valiant Organics Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -16.81 % year-on-year, although there was a slight dip of -5 % from the previous quarter. Expenses decreased by -14.38 % compared to the previous year, with a decrease of -14.84 % quarter-on-quarter. Operating Profit dropped by -34.87 % annually, and saw a 816.13 % increase from the last quarter.
Net Profit showed yearly decrease of -104.15 %, and experienced a 96.93 % increase from the previous quarter. Earnings Per Share (EPS) fell by -104.95 % annually, however rose by 94.23 % compared to the last quarter. In essence, while Valiant Organics Limited 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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