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VTM : Q4 2024 Financial Quarterly Report : YoY Sales Up 19.84 %, QoQ Up 24.97 %

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Highlights

  • Sales over the Year and quarter: The company experienced a substantial growth of 19.84 % in the past year, substantial increase in net sales/revenue by 24.97 %.
  • Income over the Year and quarter: There has been decline in other income over the past year which is -13.14 %, Marginal increase in other income during this quarter, up by 2.7%.
  • Profit over the Year and quarter: Significant improvement in profitability for VTM Ltd. Notable increase of 25.22 % in net profit Year to Year, VTM Ltd’s profitability dropped by -23.55 % Quarter to Quarter.
  • EPS over the Year and quarter: EPS increased by 25.71 % Year to Year. EPS decreased by -23.48 % in previous quarter. Analysis needed for shareholder value.

The comprehensive analytics outlining the performance and outlook of VTM Ltd”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. 53.211 Cr Rs. 51.028 Cr Rs. 63.769 Cr + 24.97 % + 19.84 %
Expenses Rs. 48.63 Cr Rs. 44.17 Cr Rs. 59.63 Cr + 35 % + 22.62 %
Operating Profit Rs. 4.58 Cr Rs. 6.86 Cr Rs. 4.14 Cr -39.65 % -9.61 %
OPM % 8.61 % 13.44 % 6.49 % -6.95 % -2.12 %
Other Income Rs. 1.75 Cr Rs. 1.48 Cr Rs. 1.52 Cr + 2.7 % -13.14 %
Interest Rs. 0.16 Cr Rs. 0.25 Cr Rs. 0.29 Cr + 16 % + 81.25 %
Depreciation Rs. 2.48 Cr Rs. 2.08 Cr Rs. 1.61 Cr -22.6 % -35.08 %
Profit before tax Rs. 3.69 Cr Rs. 6.01 Cr Rs. 3.76 Cr -37.44 % + 1.9 %
Tax % 23.84 % 23.19 % 5.98 % -17.21 % -17.86 %
Net Profit Rs. 2.82 Cr Rs. 4.61 Cr Rs. 3.53 Cr -23.43 % + 25.18 %
EPS in Rs Rs. 0.7 Rs. 1.15 Rs. 0.88 -23.48 % + 25.71 %


Today, we’re looking at VTM Ltd’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 19.84 %. However, it did see a marginal increase of 24.97 % from the previous quarter. Expenses ticked up slightly by 35 % quarter-on-quarter, aligning with the annual rise of 22.62 %. Operating profit, while down -9.61 % compared to last year, faced a quarter-on-quarter dip of -39.65 %, 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 -2.12 %, but a shrinkage of -6.95 % sequentially. Other income rose by 2.7 % compared to the last quarter, despite an annual decline of -13.14 %. Interest expenses surged remarkably by 16 % from the previous quarter, yet the year-over-year increase remains at a moderate 81.25 %. Depreciation costs fell by -22.6 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -35.08 %. Profit before tax grew annually by 1.9 % but saw a reduction from the preceding quarter by -37.44 %.
Tax expenses as a percentage of profits decreased slightly by -17.86 % compared to last year, with a more notable quarter-on-quarter decrease of -17.21 %. Net profit rose by 25.18 % year-on-year but witnessed a -23.43 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 25.71 % but a quarterly fall of -23.48 %. In summary, VTM 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. 53.211 Cr Rs. 51.028 Cr Rs. 63.769 Cr + 24.97 % + 19.84 %
Expenses Rs. 48.63 Cr Rs. 44.17 Cr Rs. 59.63 Cr + 35 % + 22.62 %
Operating Profit Rs. 4.58 Cr Rs. 6.86 Cr Rs. 4.14 Cr -39.65 % -9.61 %
Net Profit Rs. 2.82 Cr Rs. 4.61 Cr Rs. 3.53 Cr -23.43 % + 25.18 %
EPS in Rs Rs. 0.7 Rs. 1.15 Rs. 0.88 -23.48 % + 25.71 %


In reviewing VTM Ltd’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 19.84 % year-on-year growth, however, there was a minor increase of 24.97 % from the previous quarter. Expenses rose by 22.62 % compared to the previous year, with a 35 % increase quarter-on-quarter. Operating Profit dropped by -9.61 % annually, and saw a -39.65 % decrease from the last quarter.
Net Profit showed yearly increase of 25.18 %, and experienced a -23.43 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 25.71 % annually, however dipped by -23.48 % compared to the last quarter. In essence, while VTM Ltd exhibits strong annual growth 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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