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Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 4.94 % in the past year, decrease in net sales/revenue by -9.93 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -42.46 %, Marginal decrease of -51.03% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Indian Hume Pipe Co. Ltd.,. Notable increase of 266.29 % in net profit Year to Year, Indian Hume Pipe Co. Ltd.,’s profitability dropped by -28.65 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 239.66 % Year to Year. EPS decreased by -28.71 % 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. 346.998 Cr | Rs. 404.284 Cr | Rs. 364.138 Cr | -9.93 % | + 4.94 % |
Expenses | Rs. 317.85 Cr | Rs. 330.21 Cr | Rs. 306.04 Cr | -7.32 % | -3.72 % |
Operating Profit | Rs. 29.15 Cr | Rs. 74.07 Cr | Rs. 58.1 Cr | -21.56 % | + 99.31 % |
OPM % | 8.4 % | 18.32 % | 15.96 % | -2.36 % | + 7.56 % |
Other Income | Rs. 2.553 Cr | Rs. 3 Cr | Rs. 1.469 Cr | -51.03 % | -42.46 % |
Interest | Rs. 16.94 Cr | Rs. 15.4 Cr | Rs. 14.18 Cr | -7.92 % | -16.29 % |
Depreciation | Rs. 3.38 Cr | Rs. 3.61 Cr | Rs. 3.12 Cr | -13.57 % | -7.69 % |
Profit before tax | Rs. 11.38 Cr | Rs. 58.06 Cr | Rs. 42.27 Cr | -27.2 % | + 271.44 % |
Tax % | 25.27 % | 24.79 % | 26.29 % | + 1.5 % | + 1.02 % |
Net Profit | Rs. 8.51 Cr | Rs. 43.67 Cr | Rs. 31.16 Cr | -28.65 % | + 266.16 % |
EPS in Rs | Rs. 1.74 | Rs. 8.29 | Rs. 5.91 | -28.71 % | + 239.66 % |
Today, we’re looking at Indian Hume Pipe Co. Ltd.,’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 4.94 %. However, it did see a marginal slip of -9.93 % from the previous quarter. Expenses decreased slightly by -7.32 % quarter-on-quarter, aligning with the annual decline of -3.72 %. Operating profit, while up 99.31 % compared to last year, faced a quarter-on-quarter dip of -21.56 %, 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 7.56 %, but a shrinkage of -2.36 % sequentially. Other income fell by -51.03 % compared to the last quarter, despite an annual decline of -42.46 %. Interest expenses dropped significantly by -7.92 % from the previous quarter, yet the year-over-year decrease remains at a moderate -16.29 %. Depreciation costs fell by -13.57 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -7.69 %. Profit before tax grew annually by 271.44 % but saw a reduction from the preceding quarter by -27.2 %.
Tax expenses as a percentage of profits increased slightly by 1.02 % compared to last year, with a more notable quarter-on-quarter increase of 1.5 %. Net profit rose by 266.16 % year-on-year but witnessed a -28.65 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 239.66 % but a quarterly fall of -28.71 %. In summary, Indian Hume Pipe Co. Ltd.,’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. 346.998 Cr | Rs. 404.284 Cr | Rs. 364.138 Cr | -9.93 % | + 4.94 % |
Expenses | Rs. 317.85 Cr | Rs. 330.21 Cr | Rs. 306.04 Cr | -7.32 % | -3.72 % |
Operating Profit | Rs. 29.15 Cr | Rs. 74.07 Cr | Rs. 58.1 Cr | -21.56 % | + 99.31 % |
Net Profit | Rs. 8.51 Cr | Rs. 43.67 Cr | Rs. 31.16 Cr | -28.65 % | + 266.16 % |
EPS in Rs | Rs. 1.74 | Rs. 8.29 | Rs. 5.91 | -28.71 % | + 239.66 % |
In reviewing Indian Hume Pipe Co. Ltd.,’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 4.94 % year-on-year growth, although there was a slight dip of -9.93 % from the previous quarter. Expenses decreased by -3.72 % compared to the previous year, with a decrease of -7.32 % quarter-on-quarter. Operating Profit surged by 99.31 % annually, and saw a -21.56 % decrease from the last quarter.
Net Profit showed yearly increase of 266.16 %, and experienced a -28.65 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 239.66 % annually, however dipped by -28.71 % compared to the last quarter. In essence, while Indian Hume Pipe Co. Ltd., 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.