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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 experienced a substantial growth of 7.37 % in the past year, decrease in net sales/revenue by -7.54 %.
- 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 66.27 %. Marginal decrease of -43.67% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for H.S.India Ltd.. Profit dropped by -126.94 % Year to Year, H.S.India Ltd.’s profitability dropped by -75.44 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -127.27 % Year to Year. EPS decreased by -72.73 % 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. 5.767 Cr | Rs. 6.697 Cr | Rs. 6.192 Cr | -7.54 % | + 7.37 % |
Expenses | Rs. 5.44 Cr | Rs. 5.79 Cr | Rs. 5.64 Cr | -2.59 % | + 3.68 % |
Operating Profit | Rs. 0.33 Cr | Rs. 0.91 Cr | Rs. 0.55 Cr | -39.56 % | + 66.67 % |
OPM % | 5.72 % | 13.59 % | 8.88 % | -4.71 % | + 3.16 % |
Other Income | Rs. 0.083 Cr | Rs. 0.245 Cr | Rs. 0.138 Cr | -43.67 % | + 66.27 % |
Interest | Rs. 0.48 Cr | Rs. 0.41 Cr | Rs. 0.39 Cr | -4.88 % | -18.75 % |
Depreciation | Rs. 0.28 Cr | Rs. 0.29 Cr | Rs. 0.22 Cr | -24.14 % | -21.43 % |
Profit before tax | Rs. -0.35 Cr | Rs. 0.46 Cr | Rs. 0.08 Cr | -82.61 % | + 122.86 % |
Tax % | -5.88 % | 13.38 % | 11.49 % | -1.89 % | + 17.37 % |
Net Profit | Rs. -0.36 Cr | Rs. 0.4 Cr | Rs. 0.1 Cr | -75 % | + 127.78 % |
EPS in Rs | Rs. -0.22 | Rs. 0.22 | Rs. 0.06 | -72.73 % | + 127.27 % |
Today, we’re looking at H.S.India Ltd.’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 7.37 %. However, it did see a marginal slip of -7.54 % from the previous quarter. Expenses decreased slightly by -2.59 % quarter-on-quarter, aligning with the annual rise of 3.68 %. Operating profit, while up 66.67 % compared to last year, faced a quarter-on-quarter dip of -39.56 %, 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 3.16 %, but a shrinkage of -4.71 % sequentially. Other income fell by -43.67 % compared to the last quarter, despite an annual growth of 66.27 %. Interest expenses dropped significantly by -4.88 % from the previous quarter, yet the year-over-year decrease remains at a moderate -18.75 %. Depreciation costs fell by -24.14 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -21.43 %. Profit before tax grew annually by 122.86 % but saw a reduction from the preceding quarter by -82.61 %.
Tax expenses as a percentage of profits increased slightly by 17.37 % compared to last year, with a more notable quarter-on-quarter decrease of -1.89 %. Net profit rose by 127.78 % year-on-year but witnessed a -75 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 127.27 % but a quarterly fall of -72.73 %. In summary, H.S.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. 5.767 Cr | Rs. 6.697 Cr | Rs. 6.192 Cr | -7.54 % | + 7.37 % |
Expenses | Rs. 5.44 Cr | Rs. 5.79 Cr | Rs. 5.64 Cr | -2.59 % | + 3.68 % |
Operating Profit | Rs. 0.33 Cr | Rs. 0.91 Cr | Rs. 0.55 Cr | -39.56 % | + 66.67 % |
Net Profit | Rs. -0.36 Cr | Rs. 0.4 Cr | Rs. 0.1 Cr | -75 % | + 127.78 % |
EPS in Rs | Rs. -0.22 | Rs. 0.22 | Rs. 0.06 | -72.73 % | + 127.27 % |
In reviewing H.S.India Ltd.’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 7.37 % year-on-year growth, although there was a slight dip of -7.54 % from the previous quarter. Expenses rose by 3.68 % compared to the previous year, with a decrease of -2.59 % quarter-on-quarter. Operating Profit surged by 66.67 % annually, and saw a -39.56 % decrease from the last quarter.
Net Profit showed yearly increase of 127.78 %, and experienced a -75 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 127.27 % annually, however dipped by -72.73 % compared to the last quarter. In essence, while H.S.India 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.
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