V.S.T Tillers Tractors profit increased 22.45% in (Q4) FY 2018-19

Source

Team Infinities:

V.S.T Tillers Tractors Limited NSE Symbol:VSTTILLERS, BSE Security Code:531266 has declared its 4th(fourth) quarter audited Standalone financial report from the month of January, 2019 to the month of March, 2019; for the fiscal year 2018-19.

Revenue Reported by V.S.T Tillers Tractors Limited for Fourth Quarter FY, 2018-19
Current Quarter (January, 2019 - March, 2019)Previous Quarter (October, 2018 - December, 2018)Corresponding Quarter (January, 2018 - March, 2018)12 Months Ended (April, 2018 - March, 2019)Corresponding 12 Months Ended (April, 2017 - March, 2018)
192.58152.58250.96658.46809.16
Calculated Revenue of V.S.T Tillers Tractors Limited for Fourth Quarter FY, 2018-19
Current(March, 2019) VS Previous(December, 2018)Current(March, 2019) VS Corresponding(March, 2018)12 months Ended(April, 2018 - March, 2019) VS Corresponding 12 months Ended(April, 2017 - March, 2018)
ChangeChange %ChangeChange %ChangeChange %
40.0026.22%(Revenue Increase)58.3823.26%(Revenue Decrease)150.7018.62%(Revenue Decrease)

Revenue: V.S.T Tillers Tractors Limited's financial report shows that the company's revenue increased by 26.22% in QoQ(Quarter on Quarter) / current quarter(January, 2019 - March, 2019) for revenue increase of Rs.40.00 crores, as the company posted revenue of Rs.192.58 crores; in compare to previous quarter(October, 2018 - December, 2018) when the company reported revenue of Rs.152.58 crores.
The result also shows that the company's revenue decreased by 23.26% in YoY(Year over Year) / in current quarter(January, 2019 - March, 2019) for revenue decrease of Rs.58.38 crores; in compare to corresponding quarter(January, 2018 - March, 2018) when the company posted revenue of Rs.250.96 crores.
The company also reported that its revenue decreased by 18.62% in 12 months end(April, 2018 - March, 2019) for revenue decrease of Rs.150.70 crores, since the company reported revenue of Rs.658.46 crores; in compare to corresponding 12 months end(April, 2017 - March. 2018) when the company posted revenue of Rs.809.16 crores.

Gross Margin(%) Reported by V.S.T Tillers Tractors Limited for Fourth Quarter FY, 2018-19
Current Quarter (January, 2019 - March, 2019)Previous Quarter (October, 2018 - December, 2018)Corresponding Quarter (January, 2018 - March, 2018)12 Months Ended (April, 2018 - March, 2019)Corresponding 12 Months Ended (April, 2017 - March, 2018)
114.9618.95355.39(Negative)23.5937.98
Calculated Gross Margin(%) of V.S.T Tillers Tractors Limited for Fourth Quarter FY, 2018-19
Current(March, 2019) VS Previous(December, 2018)Current(March, 2019) VS Corresponding(March, 2018)12 months Ended(April, 2018 - March, 2019) VS Corresponding 12 months Ended(April, 2017 - March, 2018)
ChangeChange %ChangeChange %ChangeChange %
96.01506.71%(GM Increase)470.35132.35%(GM Increase)14.3937.89%(GM Decrease)

Gross Margin(%)/ GM: The company's financial report indicates, the company's GM increased by 506.71% in QoQ(Quarter on Quarter) / current quarter(January, 2019 - March, 2019) for 96.01% GM increase, as the company reported 114.96% GM; in compare to previous quarter(October, 2018 - December, 2018) when the company reported 18.95% GM.
The result also indicates, the company's GM increased by 132.35% in YoY(Year over Year) / in current quarter(January, 2019 - March, 2019) for 470.35% GM increase; in compare to corresponding quarter(January, 2018 - March, 2018) when the company reported 355.39% Negative GM.
The company also reported that its GM decreased by 37.89% in 12 months end(April, 2018 - March, 2019) for 14.39% GM decrease, since the company reported 23.59% GM; in compare to corresponding 12 months end(April, 2017 - March. 2018) when the company reported 37.98% GM.

EBITDA Reported by V.S.T Tillers Tractors Limited for Fourth Quarter FY, 2018-19
Current Quarter (January, 2019 - March, 2019)Previous Quarter (October, 2018 - December, 2018)Corresponding Quarter (January, 2018 - March, 2018)12 Months Ended (April, 2018 - March, 2019)Corresponding 12 Months Ended (April, 2017 - March, 2018)
25.2220.0051.0689.57164.78
Calculated EBITDA of V.S.T Tillers Tractors Limited for Fourth Quarter FY, 2018-19
Current(March, 2019) VS Previous(December, 2018)Current(March, 2019) VS Corresponding(March, 2018)12 months Ended(April, 2018 - March, 2019) VS Corresponding 12 months Ended(April, 2017 - March, 2018)
ChangeChange %ChangeChange %ChangeChange %
5.2226.10%(EBITDA Increase)25.8450.61%(EBITDA Decrease)75.2145.64%(EBITDA Decrease)

EBITDA/ Earnings before interest, tax, depreciation and amortization: The company's financial report shows that the company's EBITDA increased by 26.10% in QoQ(Quarter on Quarter) / current quarter(January, 2019 - March, 2019) for EBITDA increase of Rs.5.22 crores, as the company posted EBITDA of Rs.25.22 crores; in compare to previous quarter(October, 2018 - December, 2018) when the company reported EBITDA of Rs.20.00 crores.
The result also shows that the company's EBITDA decreased by 50.61% in YoY(Year over Year) / in current quarter(January, 2019 - March, 2019) for EBITDA decrease of Rs.25.84 crores; in compare to corresponding quarter(January, 2018 - March, 2018) when the company posted EBITDA of Rs.51.06 crores.
The company also reported that its EBITDA decreased by 45.64% in 12 months end(April, 2018 - March, 2019) for EBITDA decrease of Rs.75.21 crores, since the company reported EBITDA of Rs.89.57 crores; in compare to corresponding 12 months end(April, 2017 - March. 2018) when the company posted EBITDA of Rs.164.78 crores.

Profit and Loss Reported by V.S.T Tillers Tractors Limited for Fourth Quarter FY, 2018-19
Current Quarter (January, 2019 - March, 2019)Previous Quarter (October, 2018 - December, 2018)Corresponding Quarter (January, 2018 - March, 2018)12 Months Ended (April, 2018 - March, 2019)Corresponding 12 Months Ended (April, 2017 - March, 2018)
12.38(Profit )10.11(Profit )33.70(Profit )46.06(Profit )111.98(Profit )
Calculated Profit and Loss of V.S.T Tillers Tractors Limited for Fourth Quarter FY, 2018-19
Current(March, 2019) VS Previous(December, 2018)Current(March, 2019) VS Corresponding(March, 2018)12 months Ended(April, 2018 - March, 2019) VS Corresponding 12 months Ended(April, 2017 - March, 2018)
ChangeChange %ChangeChange %ChangeChange %
2.2722.45%(Profit Increase)21.3263.26%(Profit Decrease)65.9258.87%(Profit Decrease)

Profit and Loss / PAT(Profit after Tax): The company's financial report shows that the company's profit increased by 22.45% in QoQ(Quarter on Quarter) / current quarter(January, 2019 - March, 2019) for profit increase of Rs.2.27 crores, as the company posted profit of Rs.12.38 crores; in compare to previous quarter(October, 2018 - December, 2018) when the company reported profit of Rs.10.11 crores.
The result also shows that the company's profit decreased by 63.26% in YoY(Year over Year) / in current quarter(January, 2019 - March, 2019) for profit decrease of Rs.21.32 crores; in compare to corresponding quarter(January, 2018 - March, 2018) when the company posted profit of Rs.33.70 crores.
The company also reported that its profit decreased by 58.87% in 12 months end(April, 2018 - March, 2019) for profit decrease of Rs.65.92 crores, since the company reported profit of Rs.46.06 crores; in compare to corresponding 12 months end(April, 2017 - March. 2018) when the company posted profit of Rs.111.98 crores.

EPS Reported by V.S.T Tillers Tractors Limited for Fourth Quarter FY, 2018-19
Current Quarter (January, 2019 - March, 2019)Previous Quarter (October, 2018 - December, 2018)Corresponding Quarter (January, 2018 - March, 2018)12 Months Ended (April, 2018 - March, 2019)Corresponding 12 Months Ended (April, 2017 - March, 2018)
14.3311.7039.0153.31129.62
Calculated EPS of V.S.T Tillers Tractors Limited for Fourth Quarter FY, 2018-19
Current(March, 2019) VS Previous(December, 2018)Current(March, 2019) VS Corresponding(March, 2018)12 months Ended(April, 2018 - March, 2019) VS Corresponding 12 months Ended(April, 2017 - March, 2018)
ChangeChange %ChangeChange %ChangeChange %
2.6322.48%(EPS Increase)24.6863.27%(EPS Decrease)76.3158.87%(EPS Decrease)

EPS /Earning per Share: The company's financial report shows that the company's EPS increased by 22.48% in QoQ(Quarter on Quarter) / current quarter(January, 2019 - March, 2019) for EPS increase of Rs.2.63, as the company posted EPS of Rs.14.33; in compare to previous quarter(October, 2018 - December, 2018) when the company reported EPS of Rs.11.70.
The result also shows that the company's EPS decreased by 63.27% in YoY(Year over Year) / in current quarter(January, 2019 - March, 2019) for EPS decrease of Rs.24.68; in compare to corresponding quarter(January, 2018 - March, 2018) when the company posted EPS of Rs.39.01.
The company also reported that its EPS decreased by 58.87% in 12 months end(April, 2018 - March, 2019) for EPS decrease of Rs.76.31, since the company reported EPS of Rs.53.31; in compare to corresponding 12 months end(April, 2017 - March. 2018) when the company posted EPS of Rs.129.62.

Assets Reported by V.S.T Tillers Tractors Limited for Fourth Quarter FY, 2018-19
DetailsNon-current AssetsCurrent Assets
Current Quarter(March, 2019)Previous Year End(March, 2018)Current Quarter(March, 2019)Previous Year End(March, 2018)
Reported293.70286.36454.56499.42
 ChangeChange %ChangeChange %
Calculated7.342.56%(Assets Increase)44.868.98%(Assets Decrease)

Assets:The company reported its non-current assets increased by 2.56% in current year end(March, 2019) for non-current assets increase of Rs.7.34 crores, since the company reported net non-current assets of Rs.293.70 crores; in compare to previous year end(March, 2018) when the company reported net non-current assets of Rs.286.36 crores.
The balance sheet of the company also shows that, its current assets decreased by 8.98% in current year end(March, 2019) for current assets decrease of Rs.44.86 crores, as the company reported net current assets of Rs.454.56 crores; against previous year end(March, 2018) when the company reported net current assets of Rs.499.42 crores.

Liabilities Reported by V.S.T Tillers Tractors Limited for Fourth Quarter FY, 2018-19
DetailsNon-current LiabilitiesCurrent Liabilities
Current Quarter(March, 2019)Previous Year End(March, 2018)Current Quarter(March, 2019)Previous Year End(March, 2018)
Reported53.0745.01105.29144.40
 ChangeChange %ChangeChange %
Calculated8.0617.91%(Liabilities Increase)39.1127.08%(Liabilities Decrease)

Liabilities:The company reported its non-current liabilities increased by 17.91% in current year end(March, 2019) for non-current liabilities increase of Rs.8.06 crores, since the company reported net non-current liabilities of Rs.53.07 crores; in compare to previous year end(March, 2018) when the company reported net non-current liabilities of Rs.45.01 crores.
The balance sheet of the company also shows that, its current liabilities decreased by 27.08% in current year end(March, 2019) for current liabilities decrease of Rs.39.11 crores, as the company reported net current liabilities of Rs.105.29 crores; against previous year end(March, 2018) when the company reported net current liabilities of Rs.144.40 crores.


***All amounts are given in Crore Indian Rupees(INR) except EPS (Earnings per share) which are in Indian Rupees(INR) only.***
Gross Margin=Total Revenue from Operations -(Cost of Materials Consumed + Purchases of stock-in-trade - Changes in inventories of finished goods, work-in-progress and stock-in-trade).
Gross Margin%=(Gross Margin / Total Revenue from Operations)*100.
EBITDA=Commission/Interest + Depreciation and Amortization + Tax + Profit/Loss (PAT).
1 Lac = 100,000.
1 Million = 10 Lacs.
1 Crore = 10 Millions.
1 Crore = 100 Lacs.
1 Billion = 1000 Millions.
1 Billion = 100 Crores.