Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 23.22% in the past year Substantial increase in net sales/revenue by 8.77%.
- Income over the Year and quarter: There has been decline in other income over the past year which is -24.88% Marginal increase in other income during this quarter, up by 7.35%.
- Profit over the Year and quarter: Significant improvement in profitability for Vesuvius India Ltd.. Notable increase of 58.66% in net profit Year to YearVesuvius India Ltd.’s profitability increased by 20.52% in this quarter.
- EPS over the Year and quarter: EPS increased by 58.74% Year to Year.EPS increased by 20.52%. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 367.91 Cr | Rs. 416.79 Cr | Rs. 453.35 Cr | + 8.77% | + 23.22% |
| Expenses | Rs. 312.89 Cr | Rs. 336.78 Cr | Rs. 358.38 Cr | + 6.41% | + 14.54% |
| Operating Profit | Rs. 55.02 Cr | Rs. 80.01 Cr | Rs. 94.97 Cr | + 18.7% | + 72.61% |
| OPM % | 14.95 % | 19.2 % | 20.95 % | + 1.75% | + 6% |
| Other Income | Rs. 10.69 Cr | Rs. 7.48 Cr | Rs. 8.03 Cr | + 7.35% | -24.88% |
| Interest | Rs. 0 Cr | Rs. 0.29 Cr | Rs. 0.29 Cr | + 0% | 0% |
| Depreciation | Rs. 7.61 Cr | Rs. 10.74 Cr | Rs. 10.49 Cr | -2.33% | + 37.84% |
| Profit before tax | Rs. 58.1 Cr | Rs. 76.46 Cr | Rs. 92.22 Cr | + 20.61% | + 58.73% |
| Tax % | 25.39 % | 25.36 % | 25.42 % | + 0.06% | + 0.03% |
| Net Profit | Rs. 43.35 Cr | Rs. 57.07 Cr | Rs. 68.78 Cr | + 20.52% | + 58.66% |
| EPS in Rs | Rs. 21.35 | Rs. 28.12 | Rs. 33.89 | + 20.52% | + 58.74% |
Today, we’re looking at Vesuvius India 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 23.22%. However, it did see a marginal increase of 8.77% from the previous quarter.Expenses ticked up slightly by 6.41% quarter-on-quarter, aligning with the annual rise of 14.54%. Operating profit, while up 72.61% compared to last year, faced a quarter-on-quarter increase of 18.7%, 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 6%, but an expansion of 1.75% sequentially. Other income rose by 7.35% compared to the last quarter,despite an annual decline of -24.88%. Interest expenses surged remarkably by 0% from the previous quarter, Depreciation costs fell by -2.33% quarter-on-quarter, whereas on an annual scale, they saw an increase of 37.84%. Profit before tax grew annually by 58.73% but saw an increase from the preceding quarter by 20.61%.
Tax expenses as a percentage of profits increased slightly by 0.03% compared to last year, with a more notable quarter-on-quarter increase of 0.06%. Net profit rose by 58.66% year-on-year but experienced a 20.52% expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 58.74% but a quarterly rise of 20.52%. In summary, Vesuvius India 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. 367.91 Cr | Rs. 416.79 Cr | Rs. 453.35 Cr | + 8.77% | + 23.22% |
| Expenses | Rs. 312.89 Cr | Rs. 336.78 Cr | Rs. 358.38 Cr | + 6.41% | + 14.54% |
| Operating Profit | Rs. 55.02 Cr | Rs. 80.01 Cr | Rs. 94.97 Cr | + 18.7% | + 72.61% |
| Net Profit | Rs. 43.35 Cr | Rs. 57.07 Cr | Rs. 68.78 Cr | + 20.52% | + 58.66% |
| EPS in Rs | Rs. 21.35 | Rs. 28.12 | Rs. 33.89 | + 20.52% | + 58.74% |
In reviewing Vesuvius India Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 23.22 % year-on-year growth, however, there was a minor increase of 8.77% from the previous quarter. Expenses rose by 14.54% compared to the previous year, with a 6.41% increase quarter-on-quarter. Operating Profit surged by 72.61% annually, and saw a 18.7% increase from the last quarter.
Net Profit showed yearly increase of 58.66%, and experienced a 20.52% increase from the previous quarter. Earnings Per Share (EPS) rose by 58.74% annually, however rose by 20.52% compared to the last quarter. In essence, while Vesuvius India 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.
