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Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 45.8 % in the past year, decrease in net sales/revenue by -5.69 %.
- 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 14.29 %. Marginal decrease of -4% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for V.B.Desai Financial Services Ltd. Notable increase of 67.86 % in net profit Year to Year, V.B.Desai Financial Services Ltd’s profitability dropped by -24.19 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 75.00 % Year to Year. EPS decreased by -22.22 % 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. 0.5 Cr | Rs. 0.773 Cr | Rs. 0.729 Cr | -5.69 % | + 45.8 % |
Expenses | Rs. 0.47 Cr | Rs. 0.65 Cr | Rs. 0.65 Cr | + 0 % | + 38.3 % |
Operating Profit | Rs. 0.03 Cr | Rs. 0.12 Cr | Rs. 0.08 Cr | -33.33 % | + 166.67 % |
OPM % | 6 % | 15.52 % | 10.97 % | -4.55 % | + 4.97 % |
Other Income | Rs. 0.042 Cr | Rs. 0.05 Cr | Rs. 0.048 Cr | -4 % | + 14.29 % |
Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Depreciation | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Profit before tax | Rs. 0.07 Cr | Rs. 0.17 Cr | Rs. 0.13 Cr | -23.53 % | + 85.71 % |
Tax % | 24.32 % | 28.07 % | 25.98 % | -2.09 % | + 1.66 % |
Net Profit | Rs. 0.06 Cr | Rs. 0.12 Cr | Rs. 0.09 Cr | -25 % | + 50 % |
EPS in Rs | Rs. 0.12 | Rs. 0.27 | Rs. 0.21 | -22.22 % | + 75 % |
Today, we’re looking at V.B.Desai Financial Services Ltd’s financial performance for the Q2(Sep 2024-25).Starting with the top line, the company reported a robust year-over-year sales growth of 45.8 %. However, it did see a marginal slip of -5.69 % from the previous quarter. Expenses ticked up slightly by 0 % quarter-on-quarter, aligning with the annual rise of 38.3 %. Operating profit, while up 166.67 % compared to last year, faced a quarter-on-quarter dip of -33.33 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 4.97 %, but a shrinkage of -4.55 % sequentially. Other income fell by -4 % compared to the last quarter, despite an annual growth of 14.29 %. Profit before tax grew annually by 85.71 % but saw a reduction from the preceding quarter by -23.53 %.
Tax expenses as a percentage of profits increased slightly by 1.66 % compared to last year, with a more notable quarter-on-quarter decrease of -2.09 %. Net profit rose by 50 % year-on-year but witnessed a -25 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 75 % but a quarterly fall of -22.22 %. In summary, V.B.Desai Financial Services 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. 0.5 Cr | Rs. 0.773 Cr | Rs. 0.729 Cr | -5.69 % | + 45.8 % |
Expenses | Rs. 0.47 Cr | Rs. 0.65 Cr | Rs. 0.65 Cr | + 0 % | + 38.3 % |
Operating Profit | Rs. 0.03 Cr | Rs. 0.12 Cr | Rs. 0.08 Cr | -33.33 % | + 166.67 % |
Net Profit | Rs. 0.06 Cr | Rs. 0.12 Cr | Rs. 0.09 Cr | -25 % | + 50 % |
EPS in Rs | Rs. 0.12 | Rs. 0.27 | Rs. 0.21 | -22.22 % | + 75 % |
In reviewing V.B.Desai Financial Services Ltd’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 45.8 % year-on-year growth, although there was a slight dip of -5.69 % from the previous quarter. Expenses rose by 38.3 % compared to the previous year, with a 0 % increase quarter-on-quarter. Operating Profit surged by 166.67 % annually, and saw a -33.33 % decrease from the last quarter.
Net Profit showed yearly increase of 50 %, and experienced a -25 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 75 % annually, however dipped by -22.22 % compared to the last quarter. In essence, while V.B.Desai Financial Services Ltd exhibits strong annual growth indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.
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