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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.
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.