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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 28.18 % in the past year, decrease in net sales/revenue by -13 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -91.93 %, Marginal decrease of -30.77% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for HIMALAYA FOOD INTERNATIONAL LIMITED. Notable increase of 60.07 % in net profit Year to Year, HIMALAYA FOOD INTERNATIONAL LIMITED’s profitability dropped by -53.13 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 50.00 % Year to Year. EPS decreased by -54.55 % in previous quarter. Analysis needed for shareholder value.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 8.303 Cr | Rs. 12.233 Cr | Rs. 10.643 Cr | -13 % | + 28.18 % |
| Expenses | Rs. 8.29 Cr | Rs. 9.44 Cr | Rs. 8.52 Cr | -9.75 % | + 2.77 % |
| Operating Profit | Rs. 0.01 Cr | Rs. 2.79 Cr | Rs. 2.12 Cr | -24.01 % | + 21100 % |
| OPM % | 0.12 % | 22.81 % | 19.92 % | -2.89 % | + 19.8 % |
| Other Income | Rs. 2.23 Cr | Rs. 0.26 Cr | Rs. 0.18 Cr | -30.77 % | -91.93 % |
| Interest | Rs. 0.01 Cr | Rs. 0.53 Cr | Rs. 0.01 Cr | -98.11 % | + 0 % |
| Depreciation | Rs. 1.68 Cr | Rs. 1.3 Cr | Rs. 1.41 Cr | + 8.46 % | -16.07 % |
| Profit before tax | Rs. 0.55 Cr | Rs. 1.22 Cr | Rs. 0.88 Cr | -27.87 % | + 60 % |
| Tax % | 0 % | 53.13 % | 0 % | -53.13 % | 0 % |
| Net Profit | Rs. 0.55 Cr | Rs. 1.88 Cr | Rs. 0.88 Cr | -53.19 % | + 60 % |
| EPS in Rs | Rs. 0.1 | Rs. 0.33 | Rs. 0.15 | -54.55 % | + 50 % |
Today, we’re looking at HIMALAYA FOOD INTERNATIONAL LIMITED’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 28.18 %. However, it did see a marginal slip of -13 % from the previous quarter. Expenses decreased slightly by -9.75 % quarter-on-quarter, aligning with the annual rise of 2.77 %. Operating profit, while up 21100 % compared to last year, faced a quarter-on-quarter dip of -24.01 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 19.8 %, but a shrinkage of -2.89 % sequentially. Other income fell by -30.77 % compared to the last quarter, despite an annual decline of -91.93 %. Interest expenses dropped significantly by -98.11 % from the previous quarter, yet the year-over-year increase remains at a moderate 0 %. Depreciation costs climbed by 8.46 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -16.07 %. Profit before tax grew annually by 60 % but saw a reduction from the preceding quarter by -27.87 %.
with a more notable quarter-on-quarter decrease of -53.13 %. Net profit rose by 60 % year-on-year but witnessed a -53.19 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 50 % but a quarterly fall of -54.55 %. In summary, HIMALAYA FOOD INTERNATIONAL LIMITED’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 8.303 Cr | Rs. 12.233 Cr | Rs. 10.643 Cr | -13 % | + 28.18 % |
| Expenses | Rs. 8.29 Cr | Rs. 9.44 Cr | Rs. 8.52 Cr | -9.75 % | + 2.77 % |
| Operating Profit | Rs. 0.01 Cr | Rs. 2.79 Cr | Rs. 2.12 Cr | -24.01 % | + 21100 % |
| Net Profit | Rs. 0.55 Cr | Rs. 1.88 Cr | Rs. 0.88 Cr | -53.19 % | + 60 % |
| EPS in Rs | Rs. 0.1 | Rs. 0.33 | Rs. 0.15 | -54.55 % | + 50 % |
In reviewing HIMALAYA FOOD INTERNATIONAL LIMITED’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 28.18 % year-on-year growth, although there was a slight dip of -13 % from the previous quarter. Expenses rose by 2.77 % compared to the previous year, with a decrease of -9.75 % quarter-on-quarter. Operating Profit surged by 21100 % annually, and saw a -24.01 % decrease from the last quarter.
Net Profit showed yearly increase of 60 %, and experienced a -53.19 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 50 % annually, however dipped by -54.55 % compared to the last quarter. In essence, while HIMALAYA FOOD INTERNATIONAL LIMITED exhibits strong annual growth indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.
