Share the post "Hardcastle & Waud Mfg. Co. Ltd.,’s Quarterly Result and Earnings Report for Q4(Mar 2024) : Key Metrics and Growth Analysis"
Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 16.10% in the past year Decrease in net sales/revenue by -19.91%
- 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 140%Marginal increase in other income during this quarter, up by 9.09%.
- Profit over the Year and quarter: Significant improvement in profitability for Hardcastle & Waud Mfg. Co. Ltd.,. Notable increase of 488.17% in net profit Year to YearHardcastle & Waud Mfg. Co. Ltd.,’s profitability dropped by -28.87% Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 487.59% Year to Year.EPS decreased by -28.82%. Analysis needed for shareholder value.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 1.112 Cr | Rs. 1.612 Cr | Rs. 1.291 Cr | -19.91% | + 16.1% |
| Expenses | Rs. 0.87 Cr | Rs. 0.52 Cr | Rs. 0.42 Cr | -19.23% | -51.72% |
| Operating Profit | Rs. 0.24 Cr | Rs. 1.09 Cr | Rs. 0.87 Cr | -20.18% | + 262.5% |
| OPM % | 21.58 % | 67.62 % | 67.39 % | -0.23% | + 45.81% |
| Other Income | Rs. 0.05 Cr | Rs. 0.11 Cr | Rs. 0.12 Cr | + 9.09% | + 140% |
| Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0% | + 0% |
| Depreciation | Rs. 0.17 Cr | Rs. 0.16 Cr | Rs. 0.17 Cr | + 6.25% | + 0% |
| Profit before tax | Rs. 0.12 Cr | Rs. 1.04 Cr | Rs. 0.82 Cr | -21.15% | + 583.33% |
| Tax % | 23.77 % | 25.94 % | 32.8 % | + 6.86% | + 9.03% |
| Net Profit | Rs. 0.09 Cr | Rs. 0.77 Cr | Rs. 0.55 Cr | -28.57% | + 511.11% |
| EPS in Rs | Rs. 1.37 | Rs. 11.31 | Rs. 8.05 | -28.82% | + 487.59% |
Today, we’re looking at Hardcastle & Waud Mfg. Co. Ltd.,’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 16.1%. However, it did see a marginal slip of -19.91% from the previous quarter.Expenses decreased slightly by -19.23% quarter-on-quarter, aligning with the annual decline of -51.72%. Operating profit, while up 262.5% compared to last year, faced a quarter-on-quarter dip of -20.18%, 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 45.81%, but a shrinkage of -0.23% sequentially. Other income rose by 9.09% compared to the last quarter,despite an annual growth of 140%. Interest expenses dropped significantly by -10% from the previous quarter, yet the year-over-year increase remains at a moderate 0%. Depreciation costs climbed by 6.25% quarter-on-quarter, whereas on an annual scale, they saw an increase of 0%. Profit before tax grew annually by 583.33% but saw a reduction from the preceding quarter by -21.15%.
Tax expenses as a percentage of profits increased slightly by 9.03% compared to last year, with a more notable quarter-on-quarter increase of 6.86%. Net profit rose by 511.11% year-on-year but witnessed a -28.57% contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 487.59% but a quarterly fall of -28.82%. In summary, Hardcastle & Waud Mfg. Co. 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. 1.112 Cr | Rs. 1.612 Cr | Rs. 1.291 Cr | -19.91% | + 16.1% |
| Expenses | Rs. 0.87 Cr | Rs. 0.52 Cr | Rs. 0.42 Cr | -19.23% | -51.72% |
| Operating Profit | Rs. 0.24 Cr | Rs. 1.09 Cr | Rs. 0.87 Cr | -20.18% | + 262.5% |
| Net Profit | Rs. 0.09 Cr | Rs. 0.77 Cr | Rs. 0.55 Cr | -28.57% | + 511.11% |
| EPS in Rs | Rs. 1.37 | Rs. 11.31 | Rs. 8.05 | -28.82% | + 487.59% |
In reviewing Hardcastle & Waud Mfg. Co. Ltd.,’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 13.62% year-on-year growth, although there was a slight dip of -19.91% from the previous quarter.Expenses decreased by -51.72% compared to the previous year, with a decrease of -19.23% quarter-on-quarter. Operating Profit surged by 262.5% annually, and saw a -20.18% decrease from the last quarter.
Net Profit showed yearly increase of 511.11%, and experienced a -28.57% decrease from the previous quarter.Earnings Per Share (EPS) rose by 487.59% annually, however dipped by -28.82% compared to the last quarter. In essence, while Hardcastle & Waud Mfg. Co. 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.
![[fetch_key]](https://stocktradeupdates.com/wp-content/uploads/shareholding/business-background-9sb4kpcblwpnrkzr.jpg)
