VNDirect Securities Corp. Quarterly Results: Standalone & Consolidated Reports

Quarterly Results

Results Snapshot

YoYQoQ

Figures in Million

Consolidate Quarterly Results

Mar'26

Dec'25

Sep'25

Jun'25

Mar'25

Dec'24

Sep'24

Net Sales

12,69,420.09

12,27,789.68

16,77,105.19

11,76,855.31

9,75,500.44

9,17,107.36

10,37,225.82

Other Operating Income

0.00

Total Operating income

12,69,420.09

12,27,789.68

16,77,105.19

11,76,855.31

9,75,500.44

9,17,107.36

10,37,225.82

Raw Material Cost

1,91,043.83

2,35,893.75

2,65,430.09

1,84,873.23

1,36,810.87

2,74,146.74

2,03,470.76

Purchase of Finished goods

0.00

(Increase) / Decrease In Stocks

0.00

Employee Cost

77,361.58

0.00

71,722.37

68,400.83

81,128.28

86,871.15

78,721.35

Power Cost

0.00

Manufacturing Expenses

3,48,841.19

3,37,731.15

3,03,740.52

2,60,309.54

2,27,266.90

1,81,860.33

1,79,233.69

Selling and Distribution Expenses

48,767.70

1,61,333.03

37,547.30

32,051.38

45,917.79

1,13,373.33

41,460.62

Other Expenses

-42,484.32

-21,645.10

-46,714.34

-10,722.44

-21,732.46

-19,707.99

-25,970.40

Total Expenditure (Excl Depreciation)

2,41,171.08

5,18,506.88

2,11,296.86

4,38,410.58

2,73,799.23

4,59,171.63

2,43,182.45

Operating Profit (PBDIT) excl Other Income

1028249

709282.8

1465808.2999999998

738444.7

701701.2

457935.7

794043.3999999999

Other Income

1,933.87

5,055.40

3,167.62

5,806.50

3,681.10

-763.02

5,261.61

Operating Profit (PBDIT)

10,48,100.04

5,95,002.31

15,11,441.87

9,90,906.04

7,19,865.82

4,73,774.45

7,30,015.41

Interest

3,48,841.19

3,37,731.15

3,03,740.52

2,60,309.54

2,27,266.90

1,81,860.33

1,79,233.69

Exceptional Items

0.00

4,229.39

0.00

Gross Profit (PBDT)

10,62,548.04

9,77,849.07

13,93,889.98

9,74,970.78

8,22,802.11

6,26,358.87

8,18,379.39

Depreciation

15,828.22

14,046.87

17,785.12

17,011.30

15,887.46

16,601.75

15,375.67

Profit Before Tax

6,81,341.69

3,76,607.05

11,65,235.42

4,88,171.08

4,78,115.40

2,75,312.37

6,20,071.29

Tax

1,36,006.22

34,610.64

2,36,186.35

1,19,661.50

95,585.42

23,993.09

1,14,923.05

Provisions and contingencies

0.00

Profit After Tax

5,45,335.47

3,41,996.41

9,29,049.07

3,68,509.57

3,82,529.98

2,51,319.29

5,05,148.24

Extraordinary Items

0.00

Prior Period Expenses

0.00

Other Adjustments

0.00

Net Profit

5,45,335.47

3,41,996.41

9,29,049.07

3,68,509.57

3,82,529.98

2,51,319.29

5,05,148.24

Share in Profit of Associates

0.00

Minority Interest

0.00

Other related items

0.00

Consolidated Net Profit

5,45,335.47

3,41,996.41

9,29,049.07

3,68,509.57

3,82,529.98

2,51,319.29

5,05,148.24

Equity Capital

0.00

Face Value

10000.0

Reserves

2,14,48,244.01

2,09,02,908.54

2,05,60,912.13

1,96,31,863.07

2,00,97,598.68

1,97,15,068.69

1,94,63,749.41

Earnings per share (EPS)

358.23

224.66

610.29

242.07

251.28

165.09

361.0

Diluted Earnings per share

358.23

224.66

610.29

242.07

251.28

165.09

361.0

Operating Profit Margin (Excl OI)

81.0%

57.77%

87.4%

62.75%

71.93%

49.93%

76.55%

Gross Profit Margin

54.92%

31.82%

70.54%

42.93%

50.64%

31.83%

61.26%

PAT Margin

42.96%

27.85%

55.4%

31.31%

39.21%

27.4%

48.7%

Public Share Holdings (%)

0.0%

Pledged Promotor Holding (%)

0.0%

Quarterly Analysis Highlights - QoQ

Net Sales

QoQ Growth in quarter ended Mar 2026 is 3.39% vs -26.79% in Dec 2025

Consolidate Net Profit

QoQ Growth in quarter ended Mar 2026 is 59.46% vs -63.19% in Dec 2025

Operating Profit (PBDIT) excl Other Income

QoQ Growth in quarter ended Mar 2026 is 77.33% vs -60.89% in Dec 2025

Interest

QoQ Growth in quarter ended Mar 2026 is 3.29% vs 11.19% in Dec 2025

Operating Profit Margin (Excl OI)

QoQ Growth in quarter ended Mar 2026 has improved from Dec 2025

Compare Quarterly Results Of VNDirect Securities Corp. With

Select Peers

Figures in Million

Consolidate Quarterly Results

Change(VND)

Change(%)

Net Sales

12,69,420.09

25,42,233.85

-12,72,813.76

-50.07%

Other Operating Income

0.00

Total Operating income

12,69,420.09

25,42,233.85

-12,72,813.76

-50.07%

Raw Material Cost

1,91,043.83

3,87,832.00

-1,96,788.17

-50.74%

Purchase of Finished goods

0.00

(Increase) / Decrease In Stocks

0.00

Employee Cost

77,361.58

1,84,440.78

-1,07,079.20

-58.06%

Power Cost

0.00

Manufacturing Expenses

3,48,841.19

7,47,845.67

-3,99,004.48

-53.35%

Selling and Distribution Expenses

48,767.70

-20,235.76

69,003.46

341.00%

Other Expenses

-42,484.32

-99,026.38

56,542.06

57.10%

Total Expenditure (Excl Depreciation)

2,41,171.08

3,09,618.92

-68,447.84

-22.11%

Operating Profit (PBDIT) excl Other Income

10,28,249.01

2,232,614.93

-12,04,365.92

-53.94%

Other Income

1,933.87

1,08,662.66

-1,06,728.79

-98.22%

Operating Profit (PBDIT)

10,48,100.04

23,65,372.96

-13,17,272.92

-55.69%

Interest

3,48,841.19

7,47,845.67

-3,99,004.48

-53.35%

Exceptional Items

0.00

Gross Profit (PBDT)

10,62,548.04

21,30,306.48

-10,67,758.44

-50.12%

Depreciation

15,828.22

24,095.37

-8,267.15

-34.31%

Profit Before Tax

6,81,341.69

15,93,431.91

-9,12,090.22

-57.24%

Tax

1,36,006.22

3,15,837.12

-1,79,830.90

-56.94%

Provisions and contingencies

0.00

Profit After Tax

5,45,335.47

12,77,909.84

-7,32,574.37

-57.33%

Extraordinary Items

0.00

Prior Period Expenses

0.00

Other Adjustments

0.00

Net Profit

5,45,335.47

12,77,909.84

-7,32,574.37

-57.33%

Share in Profit of Associates

0.00

Minority Interest

0.00

-315.04

315.04

100.00%

Other related items

0.00

Consolidated Net Profit

5,45,335.47

12,77,594.80

-7,32,259.33

-57.32%

Equity Capital

0.00

Face Value

10,000.00

0.00

Reserves

2,14,48,244.01

3,95,38,323.86

-1,80,90,079.85

-45.75%

Earnings per share (EPS)

358.23

512.99

-154.76

-30.17%

Diluted Earnings per share

358.23

512.99

-154.76

-30.17%

Operating Profit Margin (Excl OI)

81.00%

87.82%

0.00

-6.82%

Gross Profit Margin

54.92%

63.63%

0.00

-8.71%

PAT Margin

42.96%

50.27%

0.00

-7.31%

Public Share Holdings (%)

0.00

0.00%

Pledged Promotor Holding (%)

0.00

0.00%

Quarterly - Net Sales

Net Sales 1,26,942.01 Million

in Mar 2026

Figures in Million

QoQ Growth in quarter ended Mar 2026 is 3.39% vs -26.79% in Dec 2025

YoY Growth in quarter ended Mar 2026 is 30.13% vs -12.76% in Mar 2025

Quarterly - Consolidate Net Profit

Consolidate Net Profit 54,533.55 Million

in Mar 2026

Figures in Million

QoQ Growth in quarter ended Mar 2026 is 59.46% vs -63.19% in Dec 2025

YoY Growth in quarter ended Mar 2026 is 42.56% vs -38.01% in Mar 2025

Quarterly - Operating Profit (PBDIT)

Operating Profit (PBDIT) 1,04,616.62 Million

in Mar 2026

Figures in Million

QoQ Growth in quarter ended Mar 2026 is 77.33% vs -60.89% in Dec 2025

YoY Growth in quarter ended Mar 2026 is 46.07% vs -22.02% in Mar 2025

Quarterly - Interest

Interest 34,884.12 Million

in Mar 2026

Figures in Million

QoQ Growth in quarter ended Mar 2026 is 3.29% vs 11.19% in Dec 2025

YoY Growth in quarter ended Mar 2026 is 53.49% vs 42.45% in Mar 2025

Quarterly - Operating Profit Margin (Excl OI)

Operating Profit Margin (Excl OI) 81.00%

in Mar 2026

Figures in %

QoQ Growth in quarter ended Mar 2026 has improved from Dec 2025

YoY Growth in quarter ended Mar 2026 has improved from Mar 2025