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Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Income over the Year and quarter: There has been decline in other income over the past year which is -85.92 %, Marginal decrease of -86.84% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Hindustan Agrigenetics Ltd.. Profit dropped by -69.86 % Year to Year, Hindustan Agrigenetics Ltd.’s profitability dropped by -67.16 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -69.70 % Year to Year. EPS decreased by -66.67 % 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. 0.038 Cr | Rs. 0 Cr | Rs. 0.043 Cr | 0 % | + 13.16 % |
Expenses | Rs. 0.03 Cr | Rs. 0.01 Cr | Rs. 0.01 Cr | + 0 % | -66.67 % |
Operating Profit | Rs. 0.01 Cr | Rs. -0.01 Cr | Rs. 0.03 Cr | + 400 % | + 200 % |
OPM % | 26.32 % | 0 % | 69.77 % | + 69.77 % | + 43.45 % |
Other Income | Rs. 0.142 Cr | Rs. 0.152 Cr | Rs. 0.02 Cr | -86.84 % | -85.92 % |
Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Depreciation | Rs. 0 Cr | Rs. 0.01 Cr | Rs. 0.01 Cr | + 0 % | 0 % |
Profit before tax | Rs. 0.15 Cr | Rs. 0.13 Cr | Rs. 0.04 Cr | -69.23 % | -73.33 % |
Tax % | 0 % | 0 % | 0 % | 0 % | 0 % |
Net Profit | Rs. 0.15 Cr | Rs. 0.13 Cr | Rs. 0.04 Cr | -69.23 % | -73.33 % |
EPS in Rs | Rs. 0.33 | Rs. 0.3 | Rs. 0.1 | -66.67 % | -69.7 % |
Today, we’re looking at Hindustan Agrigenetics 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 13.16 %. Expenses ticked up slightly by 0 % quarter-on-quarter, aligning with the annual decline of -66.67 %. Operating profit, while up 200 % compared to last year, faced a quarter-on-quarter increase of 400 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 43.45 %, but an expansion of 69.77 % sequentially. Other income fell by -86.84 % compared to the last quarter, despite an annual decline of -85.92 %. Depreciation costs climbed by 0 % quarter-on-quarter, Profit before tax declined annually by -73.33 % but saw a reduction from the preceding quarter by -69.23 %.
Net profit fell by -73.33 % year-on-year but witnessed a -69.23 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -69.7 % but a quarterly fall of -66.67 %. In summary, Hindustan Agrigenetics 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. 0.038 Cr | Rs. 0 Cr | Rs. 0.043 Cr | 0 % | + 13.16 % |
Expenses | Rs. 0.03 Cr | Rs. 0.01 Cr | Rs. 0.01 Cr | + 0 % | -66.67 % |
Operating Profit | Rs. 0.01 Cr | Rs. -0.01 Cr | Rs. 0.03 Cr | + 400 % | + 200 % |
Net Profit | Rs. 0.15 Cr | Rs. 0.13 Cr | Rs. 0.04 Cr | -69.23 % | -73.33 % |
EPS in Rs | Rs. 0.33 | Rs. 0.3 | Rs. 0.1 | -66.67 % | -69.7 % |
In reviewing Hindustan Agrigenetics Ltd.’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 13.16 % year-on-year growth, Expenses decreased by -66.67 % compared to the previous year, with a 0 % increase quarter-on-quarter. Operating Profit surged by 200 % annually, and saw a 400 % increase from the last quarter.
Net Profit showed yearly decrease of -73.33 %, and experienced a -69.23 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -69.7 % annually, however dipped by -66.67 % compared to the last quarter. In essence, while Hindustan Agrigenetics Ltd. faces strong annual decline indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.
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