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VMS INDUSTRIES LIMITED’s Quarterly Result and Earnings Report for Q4(Mar 2024) : Sales increased by 237.79 % in YoY and increased by 24.2 % in QoQ

May 9, 2024May 9, 2024| adminadmin| 0 Comments| 1:05 pm
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Highlights

  • Sales over the Year and quarter: The company experienced a substantial growth of 237.79 % in the past year, substantial increase in net sales/revenue by 24.2 %.
  • Income over the Year and quarter: There has been decline in other income over the past year which is -18.58 %, Marginal increase in other income during this quarter, up by 64.29%.
  • Profit over the Year and quarter: Challenges in sustaining profitability for VMS INDUSTRIES LIMITED. Profit dropped by -16 % Year to Year, VMS INDUSTRIES LIMITED’s profitability dropped by -52.07 % Quarter to Quarter.
  • EPS over the Year and quarter: EPS declined by -17.00 % Year to Year. EPS decreased by -52.57 % in previous quarter. Analysis needed for shareholder value.

The comprehensive analytics outlining the performance and outlook of VMS INDUSTRIES LIMITED”s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 27.129 Cr Rs. 73.786 Cr Rs. 91.639 Cr + 24.2 % + 237.79 %
Expenses Rs. 27.03 Cr Rs. 70.25 Cr Rs. 90.8 Cr + 29.25 % + 235.92 %
Operating Profit Rs. 0.1 Cr Rs. 3.54 Cr Rs. 0.84 Cr -76.27 % + 740 %
OPM % 0.37 % 4.8 % 0.92 % -3.88 % + 0.55 %
Other Income Rs. 2.26 Cr Rs. 1.12 Cr Rs. 1.84 Cr + 64.29 % -18.58 %
Interest Rs. 0.47 Cr Rs. 0.7 Cr Rs. 0.72 Cr + 2.86 % + 53.19 %
Depreciation Rs. 0.1 Cr Rs. 0.1 Cr Rs. 0.16 Cr + 60 % + 60 %
Profit before tax Rs. 1.79 Cr Rs. 3.86 Cr Rs. 1.8 Cr -53.37 % + 0.56 %
Tax % 8.57 % 25.36 % 23.06 % -2.3 % + 14.49 %
Net Profit Rs. 1.64 Cr Rs. 2.88 Cr Rs. 1.38 Cr -52.08 % -15.85 %
EPS in Rs Rs. 1 Rs. 1.75 Rs. 0.83 -52.57 % -17 %


Today, we’re looking at VMS 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 237.79 %. However, it did see a marginal increase of 24.2 % from the previous quarter. Expenses ticked up slightly by 29.25 % quarter-on-quarter, aligning with the annual rise of 235.92 %. Operating profit, while up 740 % compared to last year, faced a quarter-on-quarter dip of -76.27 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 0.55 %, but a shrinkage of -3.88 % sequentially. Other income rose by 64.29 % compared to the last quarter, despite an annual decline of -18.58 %. Interest expenses surged remarkably by 2.86 % from the previous quarter, yet the year-over-year increase remains at a moderate 53.19 %. Depreciation costs climbed by 60 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 60 %. Profit before tax grew annually by 0.56 % but saw a reduction from the preceding quarter by -53.37 %.
Tax expenses as a percentage of profits increased slightly by 14.49 % compared to last year, with a more notable quarter-on-quarter decrease of -2.3 %. Net profit fell by -15.85 % year-on-year but witnessed a -52.08 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -17 % but a quarterly fall of -52.57 %. In summary, VMS 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. 27.129 Cr Rs. 73.786 Cr Rs. 91.639 Cr + 24.2 % + 237.79 %
Expenses Rs. 27.03 Cr Rs. 70.25 Cr Rs. 90.8 Cr + 29.25 % + 235.92 %
Operating Profit Rs. 0.1 Cr Rs. 3.54 Cr Rs. 0.84 Cr -76.27 % + 740 %
Net Profit Rs. 1.64 Cr Rs. 2.88 Cr Rs. 1.38 Cr -52.08 % -15.85 %
EPS in Rs Rs. 1 Rs. 1.75 Rs. 0.83 -52.57 % -17 %


In reviewing VMS INDUSTRIES LIMITED’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 237.79 % year-on-year growth, however, there was a minor increase of 24.2 % from the previous quarter. Expenses rose by 235.92 % compared to the previous year, with a 29.25 % increase quarter-on-quarter. Operating Profit surged by 740 % annually, and saw a -76.27 % decrease from the last quarter.
Net Profit showed yearly decrease of -15.85 %, and experienced a -52.08 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -17 % annually, however dipped by -52.57 % compared to the last quarter. In essence, while VMS 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.

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