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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 9.2 % in the past year, substantial increase in net sales/revenue by 2.53 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -87.67 %, Marginal decrease of -61.43% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Vishal Fabrics Limited. Profit dropped by -38.93 % Year to Year, Vishal Fabrics Limited’s profitability dropped by -16.95 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -38.89 % Year to Year. EPS decreased by -17.5 % 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. 376.833 Cr | Rs. 401.341 Cr | Rs. 411.508 Cr | + 2.53 % | + 9.2 % |
Expenses | Rs. 350.02 Cr | Rs. 372.92 Cr | Rs. 381.34 Cr | + 2.26 % | + 8.95 % |
Operating Profit | Rs. 26.81 Cr | Rs. 28.42 Cr | Rs. 30.17 Cr | + 6.16 % | + 12.53 % |
OPM % | 7.11 % | 7.08 % | 7.33 % | + 0.25 % | + 0.22 % |
Other Income | Rs. 2.19 Cr | Rs. 0.7 Cr | Rs. 0.27 Cr | -61.43 % | -87.67 % |
Interest | Rs. 9.63 Cr | Rs. 10.23 Cr | Rs. 11.66 Cr | + 13.98 % | + 21.08 % |
Depreciation | Rs. 8.38 Cr | Rs. 8.05 Cr | Rs. 8.34 Cr | + 3.6 % | -0.48 % |
Profit before tax | Rs. 10.99 Cr | Rs. 10.84 Cr | Rs. 10.44 Cr | -3.69 % | -5 % |
Tax % | 2.98 % | 27.63 % | 37.53 % | + 9.9 % | + 34.55 % |
Net Profit | Rs. 10.67 Cr | Rs. 7.85 Cr | Rs. 6.52 Cr | -16.94 % | -38.89 % |
EPS in Rs | Rs. 0.54 | Rs. 0.4 | Rs. 0.33 | -17.5 % | -38.89 % |
Today, we’re looking at Vishal Fabrics Limited’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 9.2 %. However, it did see a marginal increase of 2.53 % from the previous quarter. Expenses ticked up slightly by 2.26 % quarter-on-quarter, aligning with the annual rise of 8.95 %. Operating profit, while up 12.53 % compared to last year, faced a quarter-on-quarter increase of 6.16 %, 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 0.22 %, but an expansion of 0.25 % sequentially. Other income fell by -61.43 % compared to the last quarter, despite an annual decline of -87.67 %. Interest expenses surged remarkably by 13.98 % from the previous quarter, yet the year-over-year increase remains at a moderate 21.08 %. Depreciation costs climbed by 3.6 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -0.48 %. Profit before tax declined annually by -5 % but saw a reduction from the preceding quarter by -3.69 %.
Tax expenses as a percentage of profits increased slightly by 34.55 % compared to last year, with a more notable quarter-on-quarter increase of 9.9 %. Net profit fell by -38.89 % year-on-year but witnessed a -16.94 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -38.89 % but a quarterly fall of -17.5 %. In summary, Vishal Fabrics 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. 376.833 Cr | Rs. 401.341 Cr | Rs. 411.508 Cr | + 2.53 % | + 9.2 % |
Expenses | Rs. 350.02 Cr | Rs. 372.92 Cr | Rs. 381.34 Cr | + 2.26 % | + 8.95 % |
Operating Profit | Rs. 26.81 Cr | Rs. 28.42 Cr | Rs. 30.17 Cr | + 6.16 % | + 12.53 % |
Net Profit | Rs. 10.67 Cr | Rs. 7.85 Cr | Rs. 6.52 Cr | -16.94 % | -38.89 % |
EPS in Rs | Rs. 0.54 | Rs. 0.4 | Rs. 0.33 | -17.5 % | -38.89 % |
In reviewing Vishal Fabrics Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 9.2 % year-on-year growth, however, there was a minor increase of 2.53 % from the previous quarter. Expenses rose by 8.95 % compared to the previous year, with a 2.26 % increase quarter-on-quarter. Operating Profit surged by 12.53 % annually, and saw a 6.16 % increase from the last quarter.
Net Profit showed yearly decrease of -38.89 %, and experienced a -16.94 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -38.89 % annually, however dipped by -17.5 % compared to the last quarter. In essence, while Vishal Fabrics Limited 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.