Vinyas Innovative Technologies Past Earnings Performance
Past criteria checks 2/6
Vinyas Innovative Technologies has been growing earnings at an average annual rate of 59.2%, while the Electronic industry saw earnings growing at 27.7% annually. Revenues have been growing at an average rate of 13.5% per year. Vinyas Innovative Technologies's return on equity is 12%, and it has net margins of 4.8%.
Key information
59.2%
Earnings growth rate
42.5%
EPS growth rate
| Electronic Industry Growth | 28.8% |
| Revenue growth rate | 13.5% |
| Return on equity | 12.0% |
| Net Margin | 4.8% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Vinyas Innovative Technologies Limited's (NSE:VINYAS) Share Price Is Still Matching Investor Opinion Despite 28% Slump
Oct 09
Vinyas Innovative Technologies Limited's (NSE:VINYAS) 37% Share Price Surge Not Quite Adding Up
Jul 02Vinyas Innovative Technologies' (NSE:VINYAS) Earnings Are Of Questionable Quality
Jun 06Revenue & Expenses Breakdown
How Vinyas Innovative Technologies 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 |
|---|---|---|---|---|
| 31 Mar 24 | 3,172 | 153 | 216 | 0 |
| 31 Dec 23 | 2,876 | 127 | 203 | 0 |
| 30 Sep 23 | 2,581 | 100 | 190 | 0 |
| 30 Jun 23 | 2,463 | 87 | 178 | 0 |
| 31 Mar 23 | 2,345 | 73 | 167 | 0 |
| 31 Mar 22 | 2,077 | 10 | 163 | 0 |
| 31 Mar 21 | 2,050 | 12 | 139 | 0 |
Quality Earnings: VINYAS has a high level of non-cash earnings.
Growing Profit Margin: VINYAS's current net profit margins (4.8%) are higher than last year (3.1%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if VINYAS's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Insufficient data to compare VINYAS's past year earnings growth to its 5-year average.
Earnings vs Industry: VINYAS earnings growth over the past year (109%) exceeded the Electronic industry 18.5%.
Return on Equity
High ROE: VINYAS's Return on Equity (12%) is considered low.