Vedant Asset Past Earnings Performance
Past criteria checks 2/6
Vedant Asset has been growing earnings at an average annual rate of 38.3%, while the Capital Markets industry saw earnings growing at 23.9% annually. Revenues have been growing at an average rate of 86.8% per year. Vedant Asset's return on equity is 4.5%, and it has net margins of 6.1%.
Key information
38.3%
Earnings growth rate
14.1%
EPS growth rate
| Capital Markets Industry Growth | 20.7% |
| Revenue growth rate | 86.8% |
| Return on equity | 4.5% |
| Net Margin | 6.1% |
| Last Earnings Update | 30 Sep 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
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 23 | 39 | 2 | 14 | 0 |
| 30 Jun 23 | 36 | 3 | 12 | 0 |
| 31 Mar 23 | 34 | 3 | 11 | 0 |
| 31 Dec 22 | 27 | 3 | 9 | 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 high quality earnings.
Growing Profit Margin: 543623's current net profit margins (6.1%) are lower than last year (14%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 543623's earnings have grown significantly by 38.3% per year over the past 5 years.
Accelerating Growth: 543623's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 543623 had negative earnings growth (-18%) over the past year, making it difficult to compare to the Capital Markets industry average (37.9%).
Return on Equity
High ROE: 543623's Return on Equity (4.5%) is considered low.