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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 16.91 % in the past year, substantial increase in net sales/revenue by 16.01 %.
- 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 32.82 %. Marginal increase in other income during this quarter, up by 205.26%.
- Profit over the Year and quarter: Significant improvement in profitability for HPL Electric & Power Limited. Notable increase of 21.73 % in net profit Year to Year, HPL Electric & Power Limited’s profitability increased by 14.82 % in this quarter.
- EPS over the Year and quarter: EPS increased by 21.71 % Year to Year. EPS increased by 14.52 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 362.753 Cr | Rs. 365.57 Cr | Rs. 424.093 Cr | + 16.01 % | + 16.91 % |
Expenses | Rs. 318.17 Cr | Rs. 315.86 Cr | Rs. 368.87 Cr | + 16.78 % | + 15.93 % |
Operating Profit | Rs. 44.58 Cr | Rs. 49.71 Cr | Rs. 55.22 Cr | + 11.08 % | + 23.87 % |
OPM % | 12.29 % | 13.6 % | 13.02 % | -0.58 % | + 0.73 % |
Other Income | Rs. 1.31 Cr | Rs. 0.57 Cr | Rs. 1.74 Cr | + 205.26 % | + 32.82 % |
Interest | Rs. 20.04 Cr | Rs. 22.02 Cr | Rs. 23.99 Cr | + 8.95 % | + 19.71 % |
Depreciation | Rs. 8.37 Cr | Rs. 9.28 Cr | Rs. 11.57 Cr | + 24.68 % | + 38.23 % |
Profit before tax | Rs. 17.48 Cr | Rs. 18.98 Cr | Rs. 21.4 Cr | + 12.75 % | + 22.43 % |
Tax % | 35.56 % | 37.04 % | 35.9 % | -1.14 % | + 0.34 % |
Net Profit | Rs. 11.27 Cr | Rs. 11.95 Cr | Rs. 13.72 Cr | + 14.81 % | + 21.74 % |
EPS in Rs | Rs. 1.75 | Rs. 1.86 | Rs. 2.13 | + 14.52 % | + 21.71 % |
Today, we’re looking at HPL Electric & Power 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 16.91 %. However, it did see a marginal increase of 16.01 % from the previous quarter. Expenses ticked up slightly by 16.78 % quarter-on-quarter, aligning with the annual rise of 15.93 %. Operating profit, while up 23.87 % compared to last year, faced a quarter-on-quarter increase of 11.08 %, 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 0.73 %, but a shrinkage of -0.58 % sequentially. Other income rose by 205.26 % compared to the last quarter, despite an annual growth of 32.82 %. Interest expenses surged remarkably by 8.95 % from the previous quarter, yet the year-over-year increase remains at a moderate 19.71 %. Depreciation costs climbed by 24.68 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 38.23 %. Profit before tax grew annually by 22.43 % but saw an increase from the preceding quarter by 12.75 %.
Tax expenses as a percentage of profits increased slightly by 0.34 % compared to last year, with a more notable quarter-on-quarter decrease of -1.14 %. Net profit rose by 21.74 % year-on-year but experienced a 14.81 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 21.71 % but a quarterly rise of 14.52 %. In summary, HPL Electric & Power 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. 362.753 Cr | Rs. 365.57 Cr | Rs. 424.093 Cr | + 16.01 % | + 16.91 % |
Expenses | Rs. 318.17 Cr | Rs. 315.86 Cr | Rs. 368.87 Cr | + 16.78 % | + 15.93 % |
Operating Profit | Rs. 44.58 Cr | Rs. 49.71 Cr | Rs. 55.22 Cr | + 11.08 % | + 23.87 % |
Net Profit | Rs. 11.27 Cr | Rs. 11.95 Cr | Rs. 13.72 Cr | + 14.81 % | + 21.74 % |
EPS in Rs | Rs. 1.75 | Rs. 1.86 | Rs. 2.13 | + 14.52 % | + 21.71 % |
In reviewing HPL Electric & Power Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 16.91 % year-on-year growth, however, there was a minor increase of 16.01 % from the previous quarter. Expenses rose by 15.93 % compared to the previous year, with a 16.78 % increase quarter-on-quarter. Operating Profit surged by 23.87 % annually, and saw a 11.08 % increase from the last quarter.
Net Profit showed yearly increase of 21.74 %, and experienced a 14.81 % increase from the previous quarter. Earnings Per Share (EPS) rose by 21.71 % annually, however rose by 14.52 % compared to the last quarter. In essence, while HPL Electric & Power 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.