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Highlights
- Sales over the Year and quarter: The company’s sales declined by -17.14 % over the year, decrease in net sales/revenue by -13.37 %.
- 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 1200 %. Marginal increase in other income during this quarter, up by 766.67%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Vinyoflex Ltd.. Profit dropped by -29.18 % Year to Year, Vinyoflex Ltd.’s profitability dropped by -15.89 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -29.32 % Year to Year. EPS decreased by -15.81 % 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. 14.147 Cr | Rs. 13.531 Cr | Rs. 11.722 Cr | -13.37 % | -17.14 % |
Expenses | Rs. 12.05 Cr | Rs. 11.82 Cr | Rs. 10.44 Cr | -11.68 % | -13.36 % |
Operating Profit | Rs. 2.1 Cr | Rs. 1.71 Cr | Rs. 1.28 Cr | -25.15 % | -39.05 % |
OPM % | 14.84 % | 12.64 % | 10.92 % | -1.72 % | -3.92 % |
Other Income | Rs. 0.02 Cr | Rs. 0.03 Cr | Rs. 0.26 Cr | + 766.67 % | + 1200 % |
Interest | Rs. 0.11 Cr | Rs. 0.03 Cr | Rs. 0.04 Cr | + 33.33 % | -63.64 % |
Depreciation | Rs. 0.11 Cr | Rs. 0.13 Cr | Rs. 0.13 Cr | + 0 % | + 18.18 % |
Profit before tax | Rs. 1.9 Cr | Rs. 1.58 Cr | Rs. 1.37 Cr | -13.29 % | -27.89 % |
Tax % | 26.19 % | 25.36 % | 27.84 % | + 2.48 % | + 1.65 % |
Net Profit | Rs. 1.4 Cr | Rs. 1.18 Cr | Rs. 0.99 Cr | -16.1 % | -29.29 % |
EPS in Rs | Rs. 3.24 | Rs. 2.72 | Rs. 2.29 | -15.81 % | -29.32 % |
Today, we’re looking at Vinyoflex Ltd.’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -17.14 %. However, it did see a marginal slip of -13.37 % from the previous quarter. Expenses decreased slightly by -11.68 % quarter-on-quarter, aligning with the annual decline of -13.36 %. Operating profit, while down -39.05 % compared to last year, faced a quarter-on-quarter dip of -25.15 %, 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 -3.92 %, but a shrinkage of -1.72 % sequentially. Other income rose by 766.67 % compared to the last quarter, despite an annual growth of 1200 %. Interest expenses surged remarkably by 33.33 % from the previous quarter, yet the year-over-year decrease remains at a moderate -63.64 %. Depreciation costs climbed by 0 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 18.18 %. Profit before tax declined annually by -27.89 % but saw a reduction from the preceding quarter by -13.29 %.
Tax expenses as a percentage of profits increased slightly by 1.65 % compared to last year, with a more notable quarter-on-quarter increase of 2.48 %. Net profit fell by -29.29 % year-on-year but witnessed a -16.1 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -29.32 % but a quarterly fall of -15.81 %. In summary, Vinyoflex 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. 14.147 Cr | Rs. 13.531 Cr | Rs. 11.722 Cr | -13.37 % | -17.14 % |
Expenses | Rs. 12.05 Cr | Rs. 11.82 Cr | Rs. 10.44 Cr | -11.68 % | -13.36 % |
Operating Profit | Rs. 2.1 Cr | Rs. 1.71 Cr | Rs. 1.28 Cr | -25.15 % | -39.05 % |
Net Profit | Rs. 1.4 Cr | Rs. 1.18 Cr | Rs. 0.99 Cr | -16.1 % | -29.29 % |
EPS in Rs | Rs. 3.24 | Rs. 2.72 | Rs. 2.29 | -15.81 % | -29.32 % |
In reviewing Vinyoflex Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -17.14 % year-on-year, although there was a slight dip of -13.37 % from the previous quarter. Expenses decreased by -13.36 % compared to the previous year, with a decrease of -11.68 % quarter-on-quarter. Operating Profit dropped by -39.05 % annually, and saw a -25.15 % decrease from the last quarter.
Net Profit showed yearly decrease of -29.29 %, and experienced a -16.1 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -29.32 % annually, however dipped by -15.81 % compared to the last quarter. In essence, while Vinyoflex Ltd. faces strong annual decline indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.