Share the post "HB Estate Developers ‘s Q2 Update: Profit Grows by 152.69% YoY"
Highlights
- The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 12.43 % in the past year, substantial increase in net sales/revenue by 6.89 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -50.88 %, Marginal decrease of -49.3% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for HB Estate Developers Ltd.. Profit dropped by -152.86 % Year to Year, HB Estate Developers Ltd.’s profitability dropped by -46.04 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -152.08 % Year to Year. EPS decreased by -45.65 % 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. 24.38 Cr | Rs. 25.644 Cr | Rs. 27.41 Cr | + 6.89 % | + 12.43 % |
Expenses | Rs. 17.2 Cr | Rs. 17.03 Cr | Rs. 18.97 Cr | + 11.39 % | + 10.29 % |
Operating Profit | Rs. 7.18 Cr | Rs. 8.61 Cr | Rs. 8.44 Cr | -1.97 % | + 17.55 % |
OPM % | 29.45 % | 33.58 % | 30.79 % | -2.79 % | + 1.34 % |
Other Income | Rs. 0.735 Cr | Rs. 0.712 Cr | Rs. 0.361 Cr | -49.3 % | -50.88 % |
Interest | Rs. 6.3 Cr | Rs. 5.73 Cr | Rs. 5.59 Cr | -2.44 % | -11.27 % |
Depreciation | Rs. 1.86 Cr | Rs. 1.89 Cr | Rs. 1.93 Cr | + 2.12 % | + 3.76 % |
Profit before tax | Rs. -0.25 Cr | Rs. 1.7 Cr | Rs. 1.28 Cr | -24.71 % | + 612 % |
Tax % | -275.3 % | 46.87 % | 61.87 % | + 15 % | + 337.17 % |
Net Profit | Rs. -0.93 Cr | Rs. 0.91 Cr | Rs. 0.49 Cr | -46.15 % | + 152.69 % |
EPS in Rs | Rs. -0.48 | Rs. 0.46 | Rs. 0.25 | -45.65 % | + 152.08 % |
Today, we’re looking at HB Estate Developers Ltd.’s financial performance for the Q2(Sep 2024-25).Starting with the top line, the company reported a robust year-over-year sales growth of 12.43 %. However, it did see a marginal increase of 6.89 % from the previous quarter. Expenses ticked up slightly by 11.39 % quarter-on-quarter, aligning with the annual rise of 10.29 %. Operating profit, while up 17.55 % compared to last year, faced a quarter-on-quarter dip of -1.97 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 1.34 %, but a shrinkage of -2.79 % sequentially. Other income fell by -49.3 % compared to the last quarter, despite an annual decline of -50.88 %. Interest expenses dropped significantly by -2.44 % from the previous quarter, yet the year-over-year decrease remains at a moderate -11.27 %. Depreciation costs climbed by 2.12 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 3.76 %. Profit before tax grew annually by 612 % but saw a reduction from the preceding quarter by -24.71 %.
Tax expenses as a percentage of profits increased slightly by 337.17 % compared to last year, with a more notable quarter-on-quarter increase of 15 %. Net profit rose by 152.69 % year-on-year but witnessed a -46.15 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 152.08 % but a quarterly fall of -45.65 %. In summary, HB Estate Developers 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. 24.38 Cr | Rs. 25.644 Cr | Rs. 27.41 Cr | + 6.89 % | + 12.43 % |
Expenses | Rs. 17.2 Cr | Rs. 17.03 Cr | Rs. 18.97 Cr | + 11.39 % | + 10.29 % |
Operating Profit | Rs. 7.18 Cr | Rs. 8.61 Cr | Rs. 8.44 Cr | -1.97 % | + 17.55 % |
Net Profit | Rs. -0.93 Cr | Rs. 0.91 Cr | Rs. 0.49 Cr | -46.15 % | + 152.69 % |
EPS in Rs | Rs. -0.48 | Rs. 0.46 | Rs. 0.25 | -45.65 % | + 152.08 % |
In reviewing HB Estate Developers Ltd.’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 12.43 % year-on-year growth, however, there was a minor increase of 6.89 % from the previous quarter. Expenses rose by 10.29 % compared to the previous year, with a 11.39 % increase quarter-on-quarter. Operating Profit surged by 17.55 % annually, and saw a -1.97 % decrease from the last quarter.
Net Profit showed yearly increase of 152.69 %, and experienced a -46.15 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 152.08 % annually, however dipped by -45.65 % compared to the last quarter. In essence, while HB Estate Developers Ltd. exhibits strong annual growth indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.
[my_shortcode1 values=”HB Estate Developers Ltd.”]