Highlights
- Sales over the Year and quarter: The company’s sales declined by -18.92 % over the year, decrease in net sales/revenue by -23.63 %.
- 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 22.45 %. Marginal increase in other income during this quarter, up by 27.66%.
- Profit over the Year and quarter: Significant improvement in profitability for Vaswani Industries Limited. Notable increase of 169.06 % in net profit Year to Year, Vaswani Industries Limited’s profitability increased by 33.95 % in this quarter.
- EPS over the Year and quarter: EPS increased by 171.05 % Year to Year. EPS increased by 33.77 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 111.445 Cr | Rs. 118.324 Cr | Rs. 90.361 Cr | -23.63 % | -18.92 % |
| Expenses | Rs. 106.44 Cr | Rs. 112.48 Cr | Rs. 83.75 Cr | -25.54 % | -21.32 % |
| Operating Profit | Rs. 5.01 Cr | Rs. 5.84 Cr | Rs. 6.61 Cr | + 13.18 % | + 31.94 % |
| OPM % | 4.5 % | 4.94 % | 7.32 % | + 2.38 % | + 2.82 % |
| Other Income | Rs. 0.49 Cr | Rs. 0.47 Cr | Rs. 0.6 Cr | + 27.66 % | + 22.45 % |
| Interest | Rs. 2.03 Cr | Rs. 2.14 Cr | Rs. 1.62 Cr | -24.3 % | -20.2 % |
| Depreciation | Rs. 0.9 Cr | Rs. 0.95 Cr | Rs. 0.95 Cr | + 0 % | + 5.56 % |
| Profit before tax | Rs. 2.57 Cr | Rs. 3.22 Cr | Rs. 4.64 Cr | + 44.1 % | + 80.54 % |
| Tax % | 55.13 % | 27.94 % | 33.06 % | + 5.12 % | -22.07 % |
| Net Profit | Rs. 1.15 Cr | Rs. 2.32 Cr | Rs. 3.11 Cr | + 34.05 % | + 170.43 % |
| EPS in Rs | Rs. 0.38 | Rs. 0.77 | Rs. 1.03 | + 33.77 % | + 171.05 % |
Today, we’re looking at Vaswani Industries Limited’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -18.92 %. However, it did see a marginal slip of -23.63 % from the previous quarter. Expenses decreased slightly by -25.54 % quarter-on-quarter, aligning with the annual decline of -21.32 %. Operating profit, while up 31.94 % compared to last year, faced a quarter-on-quarter increase of 13.18 %, 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 2.82 %, but an expansion of 2.38 % sequentially. Other income rose by 27.66 % compared to the last quarter, despite an annual growth of 22.45 %. Interest expenses dropped significantly by -24.3 % from the previous quarter, yet the year-over-year decrease remains at a moderate -20.2 %. Depreciation costs climbed by 0 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 5.56 %. Profit before tax grew annually by 80.54 % but saw an increase from the preceding quarter by 44.1 %.
Tax expenses as a percentage of profits decreased slightly by -22.07 % compared to last year, with a more notable quarter-on-quarter increase of 5.12 %. Net profit rose by 170.43 % year-on-year but experienced a 34.05 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 171.05 % but a quarterly rise of 33.77 %. In summary, Vaswani Industries 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. 111.445 Cr | Rs. 118.324 Cr | Rs. 90.361 Cr | -23.63 % | -18.92 % |
| Expenses | Rs. 106.44 Cr | Rs. 112.48 Cr | Rs. 83.75 Cr | -25.54 % | -21.32 % |
| Operating Profit | Rs. 5.01 Cr | Rs. 5.84 Cr | Rs. 6.61 Cr | + 13.18 % | + 31.94 % |
| Net Profit | Rs. 1.15 Cr | Rs. 2.32 Cr | Rs. 3.11 Cr | + 34.05 % | + 170.43 % |
| EPS in Rs | Rs. 0.38 | Rs. 0.77 | Rs. 1.03 | + 33.77 % | + 171.05 % |
In reviewing Vaswani Industries Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -18.92 % year-on-year, although there was a slight dip of -23.63 % from the previous quarter. Expenses decreased by -21.32 % compared to the previous year, with a decrease of -25.54 % quarter-on-quarter. Operating Profit surged by 31.94 % annually, and saw a 13.18 % increase from the last quarter.
Net Profit showed yearly increase of 170.43 %, and experienced a 34.05 % increase from the previous quarter. Earnings Per Share (EPS) rose by 171.05 % annually, however rose by 33.77 % compared to the last quarter. In essence, while Vaswani Industries 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.
