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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’s sales declined by -15.74 % over the year, decrease in net sales/revenue by -13.64 %.
- 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 134.8 %. Marginal decrease of -20% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for High Energy Batteries (India) Ltd.,. Profit dropped by -44.91 % Year to Year, High Energy Batteries (India) Ltd.,’s profitability dropped by -37.63 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -45.05 % Year to Year. EPS decreased by -37.69 % 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. 17.742 Cr | Rs. 17.31 Cr | Rs. 14.949 Cr | -13.64 % | -15.74 % |
| Expenses | Rs. 13.1 Cr | Rs. 14.67 Cr | Rs. 13.3 Cr | -9.34 % | + 1.53 % |
| Operating Profit | Rs. 4.64 Cr | Rs. 2.64 Cr | Rs. 1.65 Cr | -37.5 % | -64.44 % |
| OPM % | 26.15 % | 15.25 % | 11.04 % | -4.21 % | -15.11 % |
| Other Income | Rs. 0.569 Cr | Rs. 1.67 Cr | Rs. 1.336 Cr | -20 % | + 134.8 % |
| Interest | Rs. 0.5 Cr | Rs. 0.24 Cr | Rs. 0.33 Cr | + 37.5 % | -34 % |
| Depreciation | Rs. 0.3 Cr | Rs. 0.2 Cr | Rs. 0.21 Cr | + 5 % | -30 % |
| Profit before tax | Rs. 4.41 Cr | Rs. 3.87 Cr | Rs. 2.45 Cr | -36.69 % | -44.44 % |
| Tax % | 26.12 % | 25.65 % | 26.57 % | + 0.92 % | + 0.45 % |
| Net Profit | Rs. 3.26 Cr | Rs. 2.88 Cr | Rs. 1.8 Cr | -37.5 % | -44.79 % |
| EPS in Rs | Rs. 3.64 | Rs. 3.21 | Rs. 2 | -37.69 % | -45.05 % |
Today, we’re looking at High Energy Batteries (India) Ltd.,’s financial performance for the Q2(Sep 2024-25).Starting with the top line, the company reported a significant year-over-year sales decline of -15.74 %. However, it did see a marginal slip of -13.64 % from the previous quarter. Expenses decreased slightly by -9.34 % quarter-on-quarter, aligning with the annual rise of 1.53 %. Operating profit, while down -64.44 % compared to last year, faced a quarter-on-quarter dip of -37.5 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -15.11 %, but a shrinkage of -4.21 % sequentially. Other income fell by -20 % compared to the last quarter, despite an annual growth of 134.8 %. Interest expenses surged remarkably by 37.5 % from the previous quarter, yet the year-over-year decrease remains at a moderate -34 %. Depreciation costs climbed by 5 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -30 %. Profit before tax declined annually by -44.44 % but saw a reduction from the preceding quarter by -36.69 %.
Tax expenses as a percentage of profits increased slightly by 0.45 % compared to last year, with a more notable quarter-on-quarter increase of 0.92 %. Net profit fell by -44.79 % year-on-year but witnessed a -37.5 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -45.05 % but a quarterly fall of -37.69 %. In summary, High Energy Batteries (India) 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. 17.742 Cr | Rs. 17.31 Cr | Rs. 14.949 Cr | -13.64 % | -15.74 % |
| Expenses | Rs. 13.1 Cr | Rs. 14.67 Cr | Rs. 13.3 Cr | -9.34 % | + 1.53 % |
| Operating Profit | Rs. 4.64 Cr | Rs. 2.64 Cr | Rs. 1.65 Cr | -37.5 % | -64.44 % |
| Net Profit | Rs. 3.26 Cr | Rs. 2.88 Cr | Rs. 1.8 Cr | -37.5 % | -44.79 % |
| EPS in Rs | Rs. 3.64 | Rs. 3.21 | Rs. 2 | -37.69 % | -45.05 % |
In reviewing High Energy Batteries (India) Ltd.,’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -15.74 % year-on-year, although there was a slight dip of -13.64 % from the previous quarter. Expenses rose by 1.53 % compared to the previous year, with a decrease of -9.34 % quarter-on-quarter. Operating Profit dropped by -64.44 % annually, and saw a -37.5 % decrease from the last quarter.
Net Profit showed yearly decrease of -44.79 %, and experienced a -37.5 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -45.05 % annually, however dipped by -37.69 % compared to the last quarter. In essence, while High Energy Batteries (India) 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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