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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 8.5 % in the past year, substantial increase in net sales/revenue by 9.87 %.
- 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 7.69 %. Marginal increase in other income during this quarter, up by 27.27%.
- Profit over the Year and quarter: Significant improvement in profitability for Vivid Global Industries Limited. Notable increase of 139.02 % in net profit Year to Year, Vivid Global Industries Limited’s profitability increased by 216.13 % in this quarter.
- EPS over the Year and quarter: EPS increased by 175.00 % Year to Year. EPS increased by 266.67 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 9.174 Cr | Rs. 9.06 Cr | Rs. 9.954 Cr | + 9.87 % | + 8.5 % |
| Expenses | Rs. 8.87 Cr | Rs. 8.86 Cr | Rs. 9.64 Cr | + 8.8 % | + 8.68 % |
| Operating Profit | Rs. 0.3 Cr | Rs. 0.2 Cr | Rs. 0.31 Cr | + 55 % | + 3.33 % |
| OPM % | 3.27 % | 2.21 % | 3.11 % | + 0.9 % | -0.16 % |
| Other Income | Rs. 0.13 Cr | Rs. 0.11 Cr | Rs. 0.14 Cr | + 27.27 % | + 7.69 % |
| Interest | Rs. 0.06 Cr | Rs. 0.07 Cr | Rs. 0.18 Cr | + 157.14 % | + 200 % |
| Depreciation | Rs. 0.19 Cr | Rs. 0.2 Cr | Rs. 0.19 Cr | -5 % | + 0 % |
| Profit before tax | Rs. 0.18 Cr | Rs. 0.04 Cr | Rs. 0.08 Cr | + 100 % | -55.56 % |
| Tax % | 77.22 % | 27.91 % | 15.12 % | -12.79 % | -62.1 % |
| Net Profit | Rs. 0.04 Cr | Rs. 0.03 Cr | Rs. 0.1 Cr | + 233.33 % | + 150 % |
| EPS in Rs | Rs. 0.04 | Rs. 0.03 | Rs. 0.11 | + 266.67 % | + 175 % |
Today, we’re looking at Vivid Global Industries 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 8.5 %. However, it did see a marginal increase of 9.87 % from the previous quarter. Expenses ticked up slightly by 8.8 % quarter-on-quarter, aligning with the annual rise of 8.68 %. Operating profit, while up 3.33 % compared to last year, faced a quarter-on-quarter increase of 55 %, 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 -0.16 %, but an expansion of 0.9 % sequentially. Other income rose by 27.27 % compared to the last quarter, despite an annual growth of 7.69 %. Interest expenses surged remarkably by 157.14 % from the previous quarter, yet the year-over-year increase remains at a moderate 200 %. Depreciation costs fell by -5 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0 %. Profit before tax declined annually by -55.56 % but saw an increase from the preceding quarter by 100 %.
Tax expenses as a percentage of profits decreased slightly by -62.1 % compared to last year, with a more notable quarter-on-quarter decrease of -12.79 %. Net profit rose by 150 % year-on-year but experienced a 233.33 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 175 % but a quarterly rise of 266.67 %. In summary, Vivid Global 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. 9.174 Cr | Rs. 9.06 Cr | Rs. 9.954 Cr | + 9.87 % | + 8.5 % |
| Expenses | Rs. 8.87 Cr | Rs. 8.86 Cr | Rs. 9.64 Cr | + 8.8 % | + 8.68 % |
| Operating Profit | Rs. 0.3 Cr | Rs. 0.2 Cr | Rs. 0.31 Cr | + 55 % | + 3.33 % |
| Net Profit | Rs. 0.04 Cr | Rs. 0.03 Cr | Rs. 0.1 Cr | + 233.33 % | + 150 % |
| EPS in Rs | Rs. 0.04 | Rs. 0.03 | Rs. 0.11 | + 266.67 % | + 175 % |
In reviewing Vivid Global Industries Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 8.5 % year-on-year growth, however, there was a minor increase of 9.87 % from the previous quarter. Expenses rose by 8.68 % compared to the previous year, with a 8.8 % increase quarter-on-quarter. Operating Profit surged by 3.33 % annually, and saw a 55 % increase from the last quarter.
Net Profit showed yearly increase of 150 %, and experienced a 233.33 % increase from the previous quarter. Earnings Per Share (EPS) rose by 175 % annually, however rose by 266.67 % compared to the last quarter. In essence, while Vivid Global Industries 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.
