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Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 1.49 % in the past year, substantial increase in net sales/revenue by 0.22 %.
- 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 15.39 %. Marginal increase in other income during this quarter, up by 6.93%.
- Profit over the Year and quarter: Significant improvement in profitability for Voith Paper Fabrics India Ltd. Notable increase of 6.18 % in net profit Year to Year, Voith Paper Fabrics India Ltd’s profitability increased by 38.42 % in this quarter.
- EPS over the Year and quarter: EPS increased by 6.18 % Year to Year. EPS increased by 38.37 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 44.431 Cr | Rs. 44.994 Cr | Rs. 45.095 Cr | + 0.22 % | + 1.49 % |
| Expenses | Rs. 32.36 Cr | Rs. 35.5 Cr | Rs. 32.23 Cr | -9.21 % | -0.4 % |
| Operating Profit | Rs. 12.07 Cr | Rs. 9.49 Cr | Rs. 12.87 Cr | + 35.62 % | + 6.63 % |
| OPM % | 27.17 % | 21.09 % | 28.54 % | + 7.45 % | + 1.37 % |
| Other Income | Rs. 3.49 Cr | Rs. 3.766 Cr | Rs. 4.027 Cr | + 6.93 % | + 15.39 % |
| Interest | Rs. 0 Cr | Rs. 0.01 Cr | Rs. 0.01 Cr | + 0 % | 0 % |
| Depreciation | Rs. 2.61 Cr | Rs. 2.98 Cr | Rs. 3.18 Cr | + 6.71 % | + 21.84 % |
| Profit before tax | Rs. 12.95 Cr | Rs. 10.27 Cr | Rs. 13.71 Cr | + 33.5 % | + 5.87 % |
| Tax % | 25.37 % | 27.86 % | 25.14 % | -2.72 % | -0.23 % |
| Net Profit | Rs. 9.66 Cr | Rs. 7.41 Cr | Rs. 10.26 Cr | + 38.46 % | + 6.21 % |
| EPS in Rs | Rs. 22.01 | Rs. 16.89 | Rs. 23.37 | + 38.37 % | + 6.18 % |
Today, we’re looking at Voith Paper Fabrics India Ltd’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 1.49 %. However, it did see a marginal increase of 0.22 % from the previous quarter. Expenses decreased slightly by -9.21 % quarter-on-quarter, aligning with the annual decline of -0.4 %. Operating profit, while up 6.63 % compared to last year, faced a quarter-on-quarter increase of 35.62 %, 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 1.37 %, but an expansion of 7.45 % sequentially. Other income rose by 6.93 % compared to the last quarter, despite an annual growth of 15.39 %. Interest expenses surged remarkably by 0 % from the previous quarter, Depreciation costs climbed by 6.71 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 21.84 %. Profit before tax grew annually by 5.87 % but saw an increase from the preceding quarter by 33.5 %.
Tax expenses as a percentage of profits decreased slightly by -0.23 % compared to last year, with a more notable quarter-on-quarter decrease of -2.72 %. Net profit rose by 6.21 % year-on-year but experienced a 38.46 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 6.18 % but a quarterly rise of 38.37 %. In summary, Voith Paper Fabrics India 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. 44.431 Cr | Rs. 44.994 Cr | Rs. 45.095 Cr | + 0.22 % | + 1.49 % |
| Expenses | Rs. 32.36 Cr | Rs. 35.5 Cr | Rs. 32.23 Cr | -9.21 % | -0.4 % |
| Operating Profit | Rs. 12.07 Cr | Rs. 9.49 Cr | Rs. 12.87 Cr | + 35.62 % | + 6.63 % |
| Net Profit | Rs. 9.66 Cr | Rs. 7.41 Cr | Rs. 10.26 Cr | + 38.46 % | + 6.21 % |
| EPS in Rs | Rs. 22.01 | Rs. 16.89 | Rs. 23.37 | + 38.37 % | + 6.18 % |
In reviewing Voith Paper Fabrics India Ltd’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 1.49 % year-on-year growth, however, there was a minor increase of 0.22 % from the previous quarter. Expenses decreased by -0.4 % compared to the previous year, with a decrease of -9.21 % quarter-on-quarter. Operating Profit surged by 6.63 % annually, and saw a 35.62 % increase from the last quarter.
Net Profit showed yearly increase of 6.21 %, and experienced a 38.46 % increase from the previous quarter. Earnings Per Share (EPS) rose by 6.18 % annually, however rose by 38.37 % compared to the last quarter. In essence, while Voith Paper Fabrics India Ltd 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.
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