Vedant Asset Past Earnings Performance
Past criteria checks 3/6
Vedant Asset has been growing earnings at an average annual rate of 27.6%, while the Capital Markets industry saw earnings growing at 28.9% annually. Revenues have been declining at an average rate of 6.9% per year. Vedant Asset's return on equity is 5.9%, and it has net margins of 9.1%.
Key information
27.6%
Earnings growth rate
9.7%
EPS growth rate
| Capital Markets Industry Growth | 20.7% |
| Revenue growth rate | -6.9% |
| Return on equity | 5.9% |
| Net Margin | 9.1% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Vedant Asset makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 36 | 3 | 16 | 0 |
| 30 Jun 24 | 36 | 3 | 16 | 0 |
| 31 Mar 24 | 35 | 3 | 16 | 0 |
| 31 Dec 23 | 37 | 3 | 11 | 0 |
| 30 Sep 23 | 39 | 2 | 14 | 0 |
| 30 Jun 23 | 36 | 3 | 12 | 0 |
| 31 Mar 23 | 34 | 3 | 11 | 0 |
| 31 Dec 22 | 27 | 3 | 11 | 0 |
| 30 Sep 22 | 21 | 3 | 8 | 0 |
| 30 Jun 22 | 19 | 2 | 7 | 0 |
| 31 Mar 22 | 17 | 1 | 6 | 0 |
| 31 Mar 21 | 11 | 1 | 3 | 0 |
| 31 Mar 20 | 6 | 0 | 1 | 0 |
Quality Earnings: 543623 has a high level of non-cash earnings.
Growing Profit Margin: 543623's current net profit margins (9.1%) are higher than last year (6.1%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 543623's earnings have grown significantly by 27.6% per year over the past 5 years.
Accelerating Growth: 543623's earnings growth over the past year (37.4%) exceeds its 5-year average (27.6% per year).
Earnings vs Industry: 543623 earnings growth over the past year (37.4%) did not outperform the Capital Markets industry 50.1%.
Return on Equity
High ROE: 543623's Return on Equity (5.9%) is considered low.