Share the post "HIL Limited’s Quarterly Result and Earnings Report for Q4(Mar 2024) : Sales decreased by 1.3 % in YoY and increased by 8.64 % in QoQ"
Highlights
- Sales over the Year and quarter: The company’s sales declined by -1.3 % over the year, substantial increase in net sales/revenue by 8.64 %.
- Income over the Year and quarter: There has been either a marginal increase or a decline in other income over the past year which is 211.57 %. Marginal increase in other income during this quarter, up by 6.28%.
- Profit over the Year and quarter: Challenges in sustaining profitability for HIL Limited. Profit dropped by -102.38 % Year to Year, HIL Limited’s profitability dropped by -98.47 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -97.55 % Year to Year. EPS decreased by -101.58 % 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. 863.27 Cr | Rs. 784.24 Cr | Rs. 852.01 Cr | + 8.64 % | -1.3 % |
Expenses | Rs. 825.58 Cr | Rs. 767.67 Cr | Rs. 834.35 Cr | + 8.69 % | + 1.06 % |
Operating Profit | Rs. 37.69 Cr | Rs. 16.57 Cr | Rs. 17.66 Cr | + 6.58 % | -53.14 % |
OPM % | 4.37 % | 2.11 % | 2.07 % | -0.04 % | -2.3 % |
Other Income | Rs. 3.37 Cr | Rs. 9.88 Cr | Rs. 10.5 Cr | + 6.28 % | + 211.57 % |
Interest | Rs. 7.55 Cr | Rs. 7.95 Cr | Rs. 0.69 Cr | -91.32 % | -90.86 % |
Depreciation | Rs. 29.42 Cr | Rs. 29.81 Cr | Rs. 31.12 Cr | + 4.39 % | + 5.78 % |
Profit before tax | Rs. 4.09 Cr | Rs. -11.31 Cr | Rs. -3.65 Cr | + 67.73 % | -189.24 % |
Tax % | 18.77 % | -32.52 % | -105.97 % | -73.45 % | -124.74 % |
Net Profit | Rs. 4.62 Cr | Rs. -7.18 Cr | Rs. -0.11 Cr | + 98.47 % | -102.38 % |
EPS in Rs | Rs. 6.13 | Rs. -9.52 | Rs. 0.15 | + 101.58 % | -97.55 % |
Today, we’re looking at HIL Limited’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -1.3 %. However, it did see a marginal increase of 8.64 % from the previous quarter. Expenses ticked up slightly by 8.69 % quarter-on-quarter, aligning with the annual rise of 1.06 %. Operating profit, while down -53.14 % compared to last year, faced a quarter-on-quarter increase of 6.58 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -2.3 %, but a shrinkage of -0.04 % sequentially. Other income rose by 6.28 % compared to the last quarter, despite an annual growth of 211.57 %. Interest expenses dropped significantly by -91.32 % from the previous quarter, yet the year-over-year decrease remains at a moderate -90.86 %. Depreciation costs climbed by 4.39 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 5.78 %. Profit before tax declined annually by -189.24 % but saw an increase from the preceding quarter by 67.73 %.
Tax expenses as a percentage of profits decreased slightly by -124.74 % compared to last year, with a more notable quarter-on-quarter decrease of -73.45 %. Net profit fell by -102.38 % year-on-year but experienced a 98.47 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -97.55 % but a quarterly rise of 101.58 %. In summary, HIL 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. 863.27 Cr | Rs. 784.24 Cr | Rs. 852.01 Cr | + 8.64 % | -1.3 % |
Expenses | Rs. 825.58 Cr | Rs. 767.67 Cr | Rs. 834.35 Cr | + 8.69 % | + 1.06 % |
Operating Profit | Rs. 37.69 Cr | Rs. 16.57 Cr | Rs. 17.66 Cr | + 6.58 % | -53.14 % |
Net Profit | Rs. 4.62 Cr | Rs. -7.18 Cr | Rs. -0.11 Cr | + 98.47 % | -102.38 % |
EPS in Rs | Rs. 6.13 | Rs. -9.52 | Rs. 0.15 | + 101.58 % | -97.55 % |
In reviewing HIL Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -1.3 % year-on-year, however, there was a minor increase of 8.64 % from the previous quarter. Expenses rose by 1.06 % compared to the previous year, with a 8.69 % increase quarter-on-quarter. Operating Profit dropped by -53.14 % annually, and saw a 6.58 % increase from the last quarter.
Net Profit showed yearly decrease of -102.38 %, and experienced a 98.47 % increase from the previous quarter. Earnings Per Share (EPS) fell by -97.55 % annually, however rose by 101.58 % compared to the last quarter. In essence, while HIL Limited faces strong annual decline 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.