Share the post "VINAYAK POLYCON INTERNATIONAL : Q4 2024 Financial Quarterly Report : YoY Sales Down 11.14 %, QoQ Up 2.29 %"
Highlights
- Sales over the Year and quarter: The company’s sales declined by -11.14 % over the year, substantial increase in net sales/revenue by 2.29 %.
- 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 100 %.
- Profit over the Year and quarter: Significant improvement in profitability for VINAYAK POLYCON INTERNATIONAL LIMITED. Notable increase of 552.38 % in net profit Year to Year, VINAYAK POLYCON INTERNATIONAL LIMITED’s profitability increased by 107.58 % in this quarter.
- EPS over the Year and quarter: EPS increased by 542.86 % Year to Year. EPS increased by 114.29 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 6.237 Cr | Rs. 5.418 Cr | Rs. 5.542 Cr | + 2.29 % | -11.14 % |
Expenses | Rs. 5.92 Cr | Rs. 5.08 Cr | Rs. 5.05 Cr | -0.59 % | -14.7 % |
Operating Profit | Rs. 0.32 Cr | Rs. 0.34 Cr | Rs. 0.49 Cr | + 44.12 % | + 53.13 % |
OPM % | 5.13 % | 6.28 % | 8.84 % | + 2.56 % | + 3.71 % |
Other Income | Rs. 0.01 Cr | Rs. 0 Cr | Rs. 0.02 Cr | 0 % | + 100 % |
Interest | Rs. 0.11 Cr | Rs. 0.09 Cr | Rs. 0.1 Cr | + 11.11 % | -9.09 % |
Depreciation | Rs. 0.21 Cr | Rs. 0.19 Cr | Rs. 0.21 Cr | + 10.53 % | + 0 % |
Profit before tax | Rs. 0.01 Cr | Rs. 0.06 Cr | Rs. 0.2 Cr | + 233.33 % | + 1900 % |
Tax % | 16.67 % | 15.79 % | 32.18 % | + 16.39 % | + 15.51 % |
Net Profit | Rs. 0.02 Cr | Rs. 0.07 Cr | Rs. 0.14 Cr | + 100 % | + 600 % |
EPS in Rs | Rs. 0.07 | Rs. 0.21 | Rs. 0.45 | + 114.29 % | + 542.86 % |
Today, we’re looking at VINAYAK POLYCON INTERNATIONAL 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 -11.14 %. However, it did see a marginal increase of 2.29 % from the previous quarter. Expenses decreased slightly by -0.59 % quarter-on-quarter, aligning with the annual decline of -14.7 %. Operating profit, while up 53.13 % compared to last year, faced a quarter-on-quarter increase of 44.12 %, 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 3.71 %, but an expansion of 2.56 % sequentially. despite an annual growth of 100 %. Interest expenses surged remarkably by 11.11 % from the previous quarter, yet the year-over-year decrease remains at a moderate -9.09 %. Depreciation costs climbed by 10.53 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0 %. Profit before tax grew annually by 1900 % but saw an increase from the preceding quarter by 233.33 %.
Tax expenses as a percentage of profits increased slightly by 15.51 % compared to last year, with a more notable quarter-on-quarter increase of 16.39 %. Net profit rose by 600 % year-on-year but experienced a 100 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 542.86 % but a quarterly rise of 114.29 %. In summary, VINAYAK POLYCON INTERNATIONAL 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. 6.237 Cr | Rs. 5.418 Cr | Rs. 5.542 Cr | + 2.29 % | -11.14 % |
Expenses | Rs. 5.92 Cr | Rs. 5.08 Cr | Rs. 5.05 Cr | -0.59 % | -14.7 % |
Operating Profit | Rs. 0.32 Cr | Rs. 0.34 Cr | Rs. 0.49 Cr | + 44.12 % | + 53.13 % |
Net Profit | Rs. 0.02 Cr | Rs. 0.07 Cr | Rs. 0.14 Cr | + 100 % | + 600 % |
EPS in Rs | Rs. 0.07 | Rs. 0.21 | Rs. 0.45 | + 114.29 % | + 542.86 % |
In reviewing VINAYAK POLYCON INTERNATIONAL LIMITED’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -11.14 % year-on-year, however, there was a minor increase of 2.29 % from the previous quarter. Expenses decreased by -14.7 % compared to the previous year, with a decrease of -0.59 % quarter-on-quarter. Operating Profit surged by 53.13 % annually, and saw a 44.12 % increase from the last quarter.
Net Profit showed yearly increase of 600 %, and experienced a 100 % increase from the previous quarter. Earnings Per Share (EPS) rose by 542.86 % annually, however rose by 114.29 % compared to the last quarter. In essence, while VINAYAK POLYCON INTERNATIONAL 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.