Virinchi Past Earnings Performance
Past criteria checks 1/6
Virinchi's earnings have been declining at an average annual rate of -32%, while the Software industry saw earnings growing at 24.9% annually. Revenues have been declining at an average rate of 6.1% per year. Virinchi's return on equity is 1.8%, and it has net margins of 3%.
Key information
-32.0%
Earnings growth rate
-41.8%
EPS growth rate
| Software Industry Growth | 22.6% |
| Revenue growth rate | -6.1% |
| Return on equity | 1.8% |
| Net Margin | 3.0% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Virinchi's (NSE:VIRINCHI) Anemic Earnings Might Be Worse Than You Think
Nov 14
Concerns Surrounding Virinchi's (NSE:VIRINCHI) Performance
May 11Recent updates
Virinchi's (NSE:VIRINCHI) Anemic Earnings Might Be Worse Than You Think
Nov 14Concerns Surrounding Virinchi's (NSE:VIRINCHI) Performance
May 11Virinchi Limited (NSE:VIRINCHI) Stock Catapults 29% Though Its Price And Business Still Lag The Industry
Apr 25Virinchi Limited's (NSE:VIRINCHI) Price Is Right But Growth Is Lacking
Jan 16Revenue & Expenses Breakdown
How Virinchi 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 | 2,970 | 91 | 719 | 0 |
| 30 Jun 24 | 2,952 | 103 | 780 | 0 |
| 31 Mar 24 | 3,000 | 137 | 700 | 0 |
| 31 Dec 23 | 3,033 | 237 | 737 | 0 |
| 30 Sep 23 | 3,099 | 241 | 779 | 0 |
| 30 Jun 23 | 3,164 | 191 | 854 | 0 |
| 31 Mar 23 | 3,119 | 128 | 828 | 0 |
| 31 Dec 22 | 3,178 | 34 | 1,019 | 0 |
| 30 Sep 22 | 3,206 | 37 | 1,085 | 0 |
| 30 Jun 22 | 3,235 | 74 | 1,140 | 0 |
| 31 Mar 22 | 3,640 | 143 | 1,270 | 0 |
| 31 Dec 21 | 3,729 | 99 | 1,139 | 0 |
| 30 Sep 21 | 3,745 | 45 | 1,195 | 0 |
| 30 Jun 21 | 3,916 | 50 | 1,387 | 0 |
| 31 Mar 21 | 3,540 | 27 | 1,228 | 0 |
| 31 Dec 20 | 3,564 | 152 | 1,334 | 0 |
| 30 Sep 20 | 3,694 | 273 | 1,317 | 0 |
| 30 Jun 20 | 3,670 | 383 | 1,249 | 0 |
| 31 Mar 20 | 3,815 | 465 | 1,222 | 0 |
| 31 Dec 19 | 3,872 | 526 | 1,211 | 0 |
| 30 Sep 19 | 3,966 | 548 | 1,238 | 0 |
| 30 Jun 19 | 4,039 | 598 | 1,308 | 0 |
| 31 Mar 19 | 4,071 | 589 | 1,293 | 0 |
| 31 Dec 18 | 3,936 | 511 | 1,569 | 0 |
| 30 Sep 18 | 3,732 | 447 | 1,465 | 0 |
| 30 Jun 18 | 3,539 | 362 | 1,066 | 0 |
| 31 Mar 18 | 3,414 | 330 | 1,329 | 0 |
| 31 Dec 17 | 3,344 | 319 | 767 | 0 |
| 30 Sep 17 | 3,384 | 306 | 850 | 0 |
| 30 Jun 17 | 3,150 | 266 | 1,042 | 0 |
| 31 Mar 17 | 2,867 | 236 | 919 | 0 |
| 31 Dec 16 | 2,613 | 245 | 667 | 0 |
| 30 Sep 16 | 2,289 | 194 | 628 | 0 |
| 30 Jun 16 | 2,246 | 188 | 884 | 0 |
| 31 Mar 16 | 2,183 | 162 | 752 | 0 |
| 31 Dec 15 | 2,045 | 99 | 948 | 0 |
| 30 Sep 15 | 1,842 | 80 | 883 | 0 |
| 30 Jun 15 | 1,577 | 74 | 775 | 0 |
| 31 Mar 15 | 1,388 | 83 | 584 | 0 |
| 31 Dec 14 | 1,345 | 75 | 680 | 0 |
| 30 Sep 14 | 1,245 | 65 | 614 | 0 |
| 30 Jun 14 | 1,193 | 50 | 654 | 0 |
| 31 Mar 14 | 1,130 | 39 | 625 | 0 |
| 31 Dec 13 | 998 | 19 | 589 | 0 |
Quality Earnings: VIRINCHI has high quality earnings.
Growing Profit Margin: VIRINCHI's current net profit margins (3%) are lower than last year (7.8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: VIRINCHI's earnings have declined by 32% per year over the past 5 years.
Accelerating Growth: VIRINCHI's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: VIRINCHI had negative earnings growth (-62.4%) over the past year, making it difficult to compare to the Software industry average (27.2%).
Return on Equity
High ROE: VIRINCHI's Return on Equity (1.8%) is considered low.