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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 9.31 % in the past year, substantial increase in net sales/revenue by 22.84 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -43.24 %, Marginal increase in other income during this quarter, up by 9.07%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Vinati Organics Ltd.,. Profit dropped by -9.73 % Year to Year, Vinati Organics Ltd.,’s profitability increased by 35.35 % in this quarter.
- EPS over the Year and quarter: EPS declined by -10.43 % Year to Year. EPS increased by 35.44 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 503.434 Cr | Rs. 447.99 Cr | Rs. 550.315 Cr | + 22.84 % | + 9.31 % |
Expenses | Rs. 351.12 Cr | Rs. 333.35 Cr | Rs. 400.41 Cr | + 20.12 % | + 14.04 % |
Operating Profit | Rs. 152.31 Cr | Rs. 114.64 Cr | Rs. 149.91 Cr | + 30.77 % | -1.58 % |
OPM % | 30.25 % | 25.59 % | 27.24 % | + 1.65 % | -3.01 % |
Other Income | Rs. 16.95 Cr | Rs. 8.82 Cr | Rs. 9.62 Cr | + 9.07 % | -43.24 % |
Interest | Rs. 0.13 Cr | Rs. 0.99 Cr | Rs. 0.85 Cr | -14.14 % | + 553.85 % |
Depreciation | Rs. 13.02 Cr | Rs. 19.33 Cr | Rs. 19.55 Cr | + 1.14 % | + 50.15 % |
Profit before tax | Rs. 156.11 Cr | Rs. 103.14 Cr | Rs. 139.13 Cr | + 34.89 % | -10.88 % |
Tax % | 26.1 % | 25.4 % | 25.15 % | -0.25 % | -0.95 % |
Net Profit | Rs. 115.37 Cr | Rs. 76.94 Cr | Rs. 104.14 Cr | + 35.35 % | -9.73 % |
EPS in Rs | Rs. 11.22 | Rs. 7.42 | Rs. 10.05 | + 35.44 % | -10.43 % |
Today, we’re looking at Vinati Organics 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 9.31 %. However, it did see a marginal increase of 22.84 % from the previous quarter. Expenses ticked up slightly by 20.12 % quarter-on-quarter, aligning with the annual rise of 14.04 %. Operating profit, while down -1.58 % compared to last year, faced a quarter-on-quarter increase of 30.77 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -3.01 %, but an expansion of 1.65 % sequentially. Other income rose by 9.07 % compared to the last quarter, despite an annual decline of -43.24 %. Interest expenses dropped significantly by -14.14 % from the previous quarter, yet the year-over-year increase remains at a moderate 553.85 %. Depreciation costs climbed by 1.14 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 50.15 %. Profit before tax declined annually by -10.88 % but saw an increase from the preceding quarter by 34.89 %.
Tax expenses as a percentage of profits decreased slightly by -0.95 % compared to last year, with a more notable quarter-on-quarter decrease of -0.25 %. Net profit fell by -9.73 % year-on-year but experienced a 35.35 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -10.43 % but a quarterly rise of 35.44 %. In summary, Vinati Organics 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. 503.434 Cr | Rs. 447.99 Cr | Rs. 550.315 Cr | + 22.84 % | + 9.31 % |
Expenses | Rs. 351.12 Cr | Rs. 333.35 Cr | Rs. 400.41 Cr | + 20.12 % | + 14.04 % |
Operating Profit | Rs. 152.31 Cr | Rs. 114.64 Cr | Rs. 149.91 Cr | + 30.77 % | -1.58 % |
Net Profit | Rs. 115.37 Cr | Rs. 76.94 Cr | Rs. 104.14 Cr | + 35.35 % | -9.73 % |
EPS in Rs | Rs. 11.22 | Rs. 7.42 | Rs. 10.05 | + 35.44 % | -10.43 % |
In reviewing Vinati Organics Ltd.,’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 9.31 % year-on-year growth, however, there was a minor increase of 22.84 % from the previous quarter. Expenses rose by 14.04 % compared to the previous year, with a 20.12 % increase quarter-on-quarter. Operating Profit dropped by -1.58 % annually, and saw a 30.77 % increase from the last quarter.
Net Profit showed yearly decrease of -9.73 %, and experienced a 35.35 % increase from the previous quarter. Earnings Per Share (EPS) fell by -10.43 % annually, however rose by 35.44 % compared to the last quarter. In essence, while Vinati Organics Ltd., faces strong annual decline 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.