Share the post "H.G. Infra Engineering Limited’s Quarterly Result and Earnings Report for Q4(Mar 2024) : Sales increased by 11.22 % in YoY and increased by 21.39 % in QoQ"
Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 11.22 % in the past year, substantial increase in net sales/revenue by 21.39 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -40.83 %, Marginal increase in other income during this quarter, up by 79.61%.
- Profit over the Year and quarter: Significant improvement in profitability for H.G. Infra Engineering Limited. Notable increase of 8.31 % in net profit Year to Year, H.G. Infra Engineering Limited’s profitability dropped by -22.16 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 8.30 % Year to Year. EPS decreased by -22.17 % 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. 1469.62 Cr | Rs. 1346.439 Cr | Rs. 1634.509 Cr | + 21.39 % | + 11.22 % |
Expenses | Rs. 1231.88 Cr | Rs. 1132.21 Cr | Rs. 1369.92 Cr | + 21 % | + 11.21 % |
Operating Profit | Rs. 237.74 Cr | Rs. 214.23 Cr | Rs. 264.59 Cr | + 23.51 % | + 11.29 % |
OPM % | 16.18 % | 15.91 % | 16.19 % | + 0.28 % | + 0.01 % |
Other Income | Rs. 7.74 Cr | Rs. 2.55 Cr | Rs. 4.58 Cr | + 79.61 % | -40.83 % |
Interest | Rs. 18.95 Cr | Rs. 22.65 Cr | Rs. 19.45 Cr | -14.13 % | + 2.64 % |
Depreciation | Rs. 26.09 Cr | Rs. 36.71 Cr | Rs. 38 Cr | + 3.51 % | + 45.65 % |
Profit before tax | Rs. 200.44 Cr | Rs. 157.42 Cr | Rs. 211.72 Cr | + 34.49 % | + 5.63 % |
Tax % | 26.32 % | 22.21 % | 24.45 % | + 2.24 % | -1.87 % |
Net Profit | Rs. 147.69 Cr | Rs. 205.49 Cr | Rs. 159.96 Cr | -22.16 % | + 8.31 % |
EPS in Rs | Rs. 22.66 | Rs. 31.53 | Rs. 24.54 | -22.17 % | + 8.3 % |
Today, we’re looking at H.G. Infra Engineering Limited’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 11.22 %. However, it did see a marginal increase of 21.39 % from the previous quarter. Expenses ticked up slightly by 21 % quarter-on-quarter, aligning with the annual rise of 11.21 %. Operating profit, while up 11.29 % compared to last year, faced a quarter-on-quarter increase of 23.51 %, 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 0.01 %, but an expansion of 0.28 % sequentially. Other income rose by 79.61 % compared to the last quarter, despite an annual decline of -40.83 %. Interest expenses dropped significantly by -14.13 % from the previous quarter, yet the year-over-year increase remains at a moderate 2.64 %. Depreciation costs climbed by 3.51 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 45.65 %. Profit before tax grew annually by 5.63 % but saw an increase from the preceding quarter by 34.49 %.
Tax expenses as a percentage of profits decreased slightly by -1.87 % compared to last year, with a more notable quarter-on-quarter increase of 2.24 %. Net profit rose by 8.31 % year-on-year but witnessed a -22.16 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 8.3 % but a quarterly fall of -22.17 %. In summary, H.G. Infra Engineering 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. 1469.62 Cr | Rs. 1346.439 Cr | Rs. 1634.509 Cr | + 21.39 % | + 11.22 % |
Expenses | Rs. 1231.88 Cr | Rs. 1132.21 Cr | Rs. 1369.92 Cr | + 21 % | + 11.21 % |
Operating Profit | Rs. 237.74 Cr | Rs. 214.23 Cr | Rs. 264.59 Cr | + 23.51 % | + 11.29 % |
Net Profit | Rs. 147.69 Cr | Rs. 205.49 Cr | Rs. 159.96 Cr | -22.16 % | + 8.31 % |
EPS in Rs | Rs. 22.66 | Rs. 31.53 | Rs. 24.54 | -22.17 % | + 8.3 % |
In reviewing H.G. Infra Engineering Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 11.22 % year-on-year growth, however, there was a minor increase of 21.39 % from the previous quarter. Expenses rose by 11.21 % compared to the previous year, with a 21 % increase quarter-on-quarter. Operating Profit surged by 11.29 % annually, and saw a 23.51 % increase from the last quarter.
Net Profit showed yearly increase of 8.31 %, and experienced a -22.16 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 8.3 % annually, however dipped by -22.17 % compared to the last quarter. In essence, while H.G. Infra Engineering Limited exhibits strong annual growth indicators, short-term improvements suggest the potential for recovery and the importance of strategic adjustments to counter market challenges effectively. That’s all for now in the financial sector.