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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 19.65 % in the past year, decrease in net sales/revenue by -4.66 %.
- 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 656.31 %. Marginal increase in other income during this quarter, up by 258.84%.
- Profit over the Year and quarter: Significant improvement in profitability for Venus Pipes & Tubes Limited. Notable increase of 16.76 % in net profit Year to Year, Venus Pipes & Tubes Limited’s profitability dropped by -14.16 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 16.53 % Year to Year. EPS decreased by -14.36 % 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. 191.355 Cr | Rs. 240.138 Cr | Rs. 228.949 Cr | -4.66 % | + 19.65 % |
Expenses | Rs. 156.68 Cr | Rs. 192.2 Cr | Rs. 187.99 Cr | -2.19 % | + 19.98 % |
Operating Profit | Rs. 34.68 Cr | Rs. 47.94 Cr | Rs. 40.96 Cr | -14.56 % | + 18.11 % |
OPM % | 18.12 % | 19.96 % | 17.89 % | -2.07 % | -0.23 % |
Other Income | Rs. 0.483 Cr | Rs. 1.018 Cr | Rs. 3.653 Cr | + 258.84 % | + 656.31 % |
Interest | Rs. 5.05 Cr | Rs. 7.65 Cr | Rs. 8.18 Cr | + 6.93 % | + 61.98 % |
Depreciation | Rs. 2.87 Cr | Rs. 4.34 Cr | Rs. 4.64 Cr | + 6.91 % | + 61.67 % |
Profit before tax | Rs. 27.24 Cr | Rs. 36.97 Cr | Rs. 31.79 Cr | -14.01 % | + 16.7 % |
Tax % | 25.64 % | 25.46 % | 25.58 % | + 0.12 % | -0.06 % |
Net Profit | Rs. 20.26 Cr | Rs. 27.56 Cr | Rs. 23.66 Cr | -14.15 % | + 16.78 % |
EPS in Rs | Rs. 9.98 | Rs. 13.51 | Rs. 11.58 | -14.29 % | + 16.03 % |
Today, we’re looking at Venus Pipes & Tubes Limited’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 19.65 %. However, it did see a marginal slip of -4.66 % from the previous quarter. Expenses decreased slightly by -2.19 % quarter-on-quarter, aligning with the annual rise of 19.98 %. Operating profit, while up 18.11 % compared to last year, faced a quarter-on-quarter dip of -14.56 %, 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 -0.23 %, but a shrinkage of -2.07 % sequentially. Other income rose by 258.84 % compared to the last quarter, despite an annual growth of 656.31 %. Interest expenses surged remarkably by 6.93 % from the previous quarter, yet the year-over-year increase remains at a moderate 61.98 %. Depreciation costs climbed by 6.91 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 61.67 %. Profit before tax grew annually by 16.7 % but saw a reduction from the preceding quarter by -14.01 %.
Tax expenses as a percentage of profits decreased slightly by -0.06 % compared to last year, with a more notable quarter-on-quarter increase of 0.12 %. Net profit rose by 16.78 % year-on-year but witnessed a -14.15 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 16.03 % but a quarterly fall of -14.29 %. In summary, Venus Pipes & Tubes 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. 191.355 Cr | Rs. 240.138 Cr | Rs. 228.949 Cr | -4.66 % | + 19.65 % |
Expenses | Rs. 156.68 Cr | Rs. 192.2 Cr | Rs. 187.99 Cr | -2.19 % | + 19.98 % |
Operating Profit | Rs. 34.68 Cr | Rs. 47.94 Cr | Rs. 40.96 Cr | -14.56 % | + 18.11 % |
Net Profit | Rs. 20.26 Cr | Rs. 27.56 Cr | Rs. 23.66 Cr | -14.15 % | + 16.78 % |
EPS in Rs | Rs. 9.98 | Rs. 13.51 | Rs. 11.58 | -14.29 % | + 16.03 % |
In reviewing Venus Pipes & Tubes Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 19.65 % year-on-year growth, although there was a slight dip of -4.66 % from the previous quarter. Expenses rose by 19.98 % compared to the previous year, with a decrease of -2.19 % quarter-on-quarter. Operating Profit surged by 18.11 % annually, and saw a -14.56 % decrease from the last quarter.
Net Profit showed yearly increase of 16.78 %, and experienced a -14.15 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 16.03 % annually, however dipped by -14.29 % compared to the last quarter. In essence, while Venus Pipes & Tubes Limited 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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