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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 12.87 % in the past year, substantial increase in net sales/revenue by 14.45 %.
- 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 36.36 %. Marginal increase in other income during this quarter, up by 87.5%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Vamshi Rubber Ltd.. Profit dropped by -397.26 % Year to Year, Vamshi Rubber Ltd.’s profitability increased by 44.67 % in this quarter.
- EPS over the Year and quarter: EPS increased by 675.00 % Year to Year. EPS increased by 158.33 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 19.166 Cr | Rs. 18.902 Cr | Rs. 21.633 Cr | + 14.45 % | + 12.87 % |
Expenses | Rs. 18.35 Cr | Rs. 18.03 Cr | Rs. 20.96 Cr | + 16.25 % | + 14.22 % |
Operating Profit | Rs. 0.82 Cr | Rs. 0.87 Cr | Rs. 0.67 Cr | -22.99 % | -18.29 % |
OPM % | 4.28 % | 4.6 % | 3.1 % | -1.5 % | -1.18 % |
Other Income | Rs. 0.11 Cr | Rs. 0.08 Cr | Rs. 0.15 Cr | + 87.5 % | + 36.36 % |
Interest | Rs. 0.5 Cr | Rs. 0.44 Cr | Rs. 0.47 Cr | + 6.82 % | -6 % |
Depreciation | Rs. 0.25 Cr | Rs. 0.26 Cr | Rs. 0.19 Cr | -26.92 % | -24 % |
Profit before tax | Rs. 0.18 Cr | Rs. 0.25 Cr | Rs. 0.16 Cr | -36 % | -11.11 % |
Tax % | 140.11 % | 40.94 % | 31.33 % | -9.61 % | -108.78 % |
Net Profit | Rs. -0.07 Cr | Rs. 0.15 Cr | Rs. 0.22 Cr | + 46.67 % | + 414.29 % |
EPS in Rs | Rs. -0.12 | Rs. 0.36 | Rs. 0.93 | + 158.33 % | + 875 % |
Today, we’re looking at Vamshi Rubber 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 12.87 %. However, it did see a marginal increase of 14.45 % from the previous quarter. Expenses ticked up slightly by 16.25 % quarter-on-quarter, aligning with the annual rise of 14.22 %. Operating profit, while down -18.29 % compared to last year, faced a quarter-on-quarter dip of -22.99 %, 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 -1.18 %, but a shrinkage of -1.5 % sequentially. Other income rose by 87.5 % compared to the last quarter, despite an annual growth of 36.36 %. Interest expenses surged remarkably by 6.82 % from the previous quarter, yet the year-over-year decrease remains at a moderate -6 %. Depreciation costs fell by -26.92 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -24 %. Profit before tax declined annually by -11.11 % but saw a reduction from the preceding quarter by -36 %.
Tax expenses as a percentage of profits decreased slightly by -108.78 % compared to last year, with a more notable quarter-on-quarter decrease of -9.61 %. Net profit rose by 414.29 % year-on-year but experienced a 46.67 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 875 % but a quarterly rise of 158.33 %. In summary, Vamshi Rubber 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. 19.166 Cr | Rs. 18.902 Cr | Rs. 21.633 Cr | + 14.45 % | + 12.87 % |
Expenses | Rs. 18.35 Cr | Rs. 18.03 Cr | Rs. 20.96 Cr | + 16.25 % | + 14.22 % |
Operating Profit | Rs. 0.82 Cr | Rs. 0.87 Cr | Rs. 0.67 Cr | -22.99 % | -18.29 % |
Net Profit | Rs. -0.07 Cr | Rs. 0.15 Cr | Rs. 0.22 Cr | + 46.67 % | + 414.29 % |
EPS in Rs | Rs. -0.12 | Rs. 0.36 | Rs. 0.93 | + 158.33 % | + 875 % |
In reviewing Vamshi Rubber Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 12.87 % year-on-year growth, however, there was a minor increase of 14.45 % from the previous quarter. Expenses rose by 14.22 % compared to the previous year, with a 16.25 % increase quarter-on-quarter. Operating Profit dropped by -18.29 % annually, and saw a -22.99 % decrease from the last quarter.
Net Profit showed yearly increase of 414.29 %, and experienced a 46.67 % increase from the previous quarter. Earnings Per Share (EPS) rose by 875 % annually, however rose by 158.33 % compared to the last quarter. In essence, while Vamshi Rubber 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.