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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’s sales declined by -3.85 % over the year, decrease in net sales/revenue by -10.95 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -24.77 %, Marginal decrease of -69.25% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for VST Industries Limited. Profit dropped by -35.99 % Year to Year, VST Industries Limited’s profitability dropped by -39.25 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -35.98 % Year to Year. EPS decreased by -39.24 % 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. 440.85 Cr | Rs. 475.98 Cr | Rs. 423.86 Cr | -10.95 % | -3.85 % |
Expenses | Rs. 335.5 Cr | Rs. 379.39 Cr | Rs. 350.58 Cr | -7.59 % | + 4.49 % |
Operating Profit | Rs. 105.35 Cr | Rs. 96.59 Cr | Rs. 73.28 Cr | -24.13 % | -30.44 % |
OPM % | 23.9 % | 20.29 % | 17.29 % | -3 % | -6.61 % |
Other Income | Rs. 12.07 Cr | Rs. 29.53 Cr | Rs. 9.08 Cr | -69.25 % | -24.77 % |
Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Depreciation | Rs. 8.08 Cr | Rs. 10.91 Cr | Rs. 10.08 Cr | -7.61 % | + 24.75 % |
Profit before tax | Rs. 109.34 Cr | Rs. 115.21 Cr | Rs. 72.28 Cr | -37.26 % | -33.89 % |
Tax % | 23.45 % | 23.44 % | 25.87 % | + 2.43 % | + 2.42 % |
Net Profit | Rs. 83.7 Cr | Rs. 88.2 Cr | Rs. 53.58 Cr | -39.25 % | -35.99 % |
EPS in Rs | Rs. 54.2 | Rs. 57.11 | Rs. 34.7 | -39.24 % | -35.98 % |
Today, we’re looking at VST Industries Limited’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -3.85 %. However, it did see a marginal slip of -10.95 % from the previous quarter. Expenses decreased slightly by -7.59 % quarter-on-quarter, aligning with the annual rise of 4.49 %. Operating profit, while down -30.44 % compared to last year, faced a quarter-on-quarter dip of -24.13 %, 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 -6.61 %, but a shrinkage of -3 % sequentially. Other income fell by -69.25 % compared to the last quarter, despite an annual decline of -24.77 %. Depreciation costs fell by -7.61 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 24.75 %. Profit before tax declined annually by -33.89 % but saw a reduction from the preceding quarter by -37.26 %.
Tax expenses as a percentage of profits increased slightly by 2.42 % compared to last year, with a more notable quarter-on-quarter increase of 2.43 %. Net profit fell by -35.99 % year-on-year but witnessed a -39.25 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -35.98 % but a quarterly fall of -39.24 %. In summary, VST 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. 440.85 Cr | Rs. 475.98 Cr | Rs. 423.86 Cr | -10.95 % | -3.85 % |
Expenses | Rs. 335.5 Cr | Rs. 379.39 Cr | Rs. 350.58 Cr | -7.59 % | + 4.49 % |
Operating Profit | Rs. 105.35 Cr | Rs. 96.59 Cr | Rs. 73.28 Cr | -24.13 % | -30.44 % |
Net Profit | Rs. 83.7 Cr | Rs. 88.2 Cr | Rs. 53.58 Cr | -39.25 % | -35.99 % |
EPS in Rs | Rs. 54.2 | Rs. 57.11 | Rs. 34.7 | -39.24 % | -35.98 % |
In reviewing VST Industries Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -3.85 % year-on-year, although there was a slight dip of -10.95 % from the previous quarter. Expenses rose by 4.49 % compared to the previous year, with a decrease of -7.59 % quarter-on-quarter. Operating Profit dropped by -30.44 % annually, and saw a -24.13 % decrease from the last quarter.
Net Profit showed yearly decrease of -35.99 %, and experienced a -39.25 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -35.98 % annually, however dipped by -39.24 % compared to the last quarter. In essence, while VST 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.