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Highlights
- Sales over the Year and quarter: The company’s sales declined by -76.66 % over the year, decrease in net sales/revenue by -59.02 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -66.67 %,
- Profit over the Year and quarter: Significant improvement in profitability for Vivanta Industries Limited. Notable increase of 48.39 % in net profit Year to Year, Vivanta Industries Limited’s profitability dropped by -229.58 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -88.00 % Year to Year. EPS decreased by -250 % 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. 17.692 Cr | Rs. 10.077 Cr | Rs. 4.13 Cr | -59.02 % | -76.66 % |
Expenses | Rs. 17.45 Cr | Rs. 9.73 Cr | Rs. 4.11 Cr | -57.76 % | -76.45 % |
Operating Profit | Rs. 0.24 Cr | Rs. 0.35 Cr | Rs. 0.02 Cr | -94.29 % | -91.67 % |
OPM % | 1.36 % | 3.47 % | 0.48 % | -2.99 % | -0.88 % |
Other Income | Rs. 0 Cr | Rs. -0 Cr | Rs. 0.07 Cr | + 0 % | 0 % |
Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 0.03 Cr | + 0 % | + 0 % |
Depreciation | Rs. 0.01 Cr | Rs. 0.06 Cr | Rs. 0.07 Cr | + 16.67 % | + 600 % |
Profit before tax | Rs. 0.23 Cr | Rs. 0.29 Cr | Rs. -0.01 Cr | -103.45 % | -104.35 % |
Tax % | 202.48 % | 0 % | 0 % | + 0 % | -202.48 % |
Net Profit | Rs. -0.25 Cr | Rs. 0.28 Cr | Rs. -0.37 Cr | -232.14 % | -48 % |
EPS in Rs | Rs. -0.25 | Rs. 0.02 | Rs. -0.03 | -250 % | + 88 % |
Today, we’re looking at Vivanta Industries 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 -76.66 %. However, it did see a marginal slip of -59.02 % from the previous quarter. Expenses decreased slightly by -57.76 % quarter-on-quarter, aligning with the annual decline of -76.45 %. Operating profit, while down -91.67 % compared to last year, faced a quarter-on-quarter dip of -94.29 %, 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 -0.88 %, but a shrinkage of -2.99 % sequentially. Other income rose by 100 % compared to the last quarter, despite an annual decline of -66.67 %. Interest expenses surged remarkably by 25.59 % from the previous quarter, yet the year-over-year increase remains at a moderate 133.92 %. Depreciation costs climbed by 16.67 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 600 %. Profit before tax declined annually by -104.35 % but saw a reduction from the preceding quarter by -103.45 %.
Tax expenses as a percentage of profits decreased slightly by -202.48 % compared to last year, with a more notable quarter-on-quarter increase of 0.69 %. Net profit fell by -48 % year-on-year but witnessed a -232.14 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 88 % but a quarterly fall of -250 %. In summary, Vivanta Industries 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. 17.692 Cr | Rs. 10.077 Cr | Rs. 4.13 Cr | -59.02 % | -76.66 % |
Expenses | Rs. 17.45 Cr | Rs. 9.73 Cr | Rs. 4.11 Cr | -57.76 % | -76.45 % |
Operating Profit | Rs. 0.24 Cr | Rs. 0.35 Cr | Rs. 0.02 Cr | -94.29 % | -91.67 % |
Net Profit | Rs. -0.25 Cr | Rs. 0.28 Cr | Rs. -0.37 Cr | -232.14 % | -48 % |
EPS in Rs | Rs. -0.25 | Rs. 0.02 | Rs. -0.03 | -250 % | + 88 % |
In reviewing Vivanta Industries Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -76.66 % year-on-year, although there was a slight dip of -59.02 % from the previous quarter. Expenses decreased by -76.45 % compared to the previous year, with a decrease of -57.76 % quarter-on-quarter. Operating Profit dropped by -91.67 % annually, and saw a -94.29 % decrease from the last quarter.
Net Profit showed yearly decrease of -48 %, and experienced a -232.14 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 88 % annually, however dipped by -250 % compared to the last quarter. In essence, while Vivanta Industries 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.