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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 0.68 % in the past year, substantial increase in net sales/revenue by 1.87 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -42.03 %, Marginal decrease of -41.8% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Hathway Cable & Datacom Limited. Profit dropped by -18.07 % Year to Year, Hathway Cable & Datacom Limited’s profitability dropped by -47.01 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -23.08 % Year to Year. EPS decreased by -50 % 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. 499.23 Cr | Rs. 493.37 Cr | Rs. 502.61 Cr | + 1.87 % | + 0.68 % |
Expenses | Rs. 421.7 Cr | Rs. 413.16 Cr | Rs. 421.94 Cr | + 2.13 % | + 0.06 % |
Operating Profit | Rs. 77.53 Cr | Rs. 80.21 Cr | Rs. 80.67 Cr | + 0.57 % | + 4.05 % |
OPM % | 15.53 % | 16.26 % | 16.05 % | -0.21 % | + 0.52 % |
Other Income | Rs. 45.92 Cr | Rs. 45.74 Cr | Rs. 26.62 Cr | -41.8 % | -42.03 % |
Interest | Rs. 0.12 Cr | Rs. 0.45 Cr | Rs. 0.41 Cr | -8.89 % | + 241.67 % |
Depreciation | Rs. 92.03 Cr | Rs. 79.91 Cr | Rs. 80.79 Cr | + 1.1 % | -12.21 % |
Profit before tax | Rs. 31.3 Cr | Rs. 45.59 Cr | Rs. 26.09 Cr | -42.77 % | -16.65 % |
Tax % | 45.8 % | 27.47 % | 34.13 % | + 6.66 % | -11.67 % |
Net Profit | Rs. 22.36 Cr | Rs. 34.57 Cr | Rs. 18.32 Cr | -47.01 % | -18.07 % |
EPS in Rs | Rs. 0.13 | Rs. 0.2 | Rs. 0.1 | -50 % | -23.08 % |
Today, we’re looking at Hathway Cable & Datacom Limited’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 0.68 %. However, it did see a marginal increase of 1.87 % from the previous quarter. Expenses ticked up slightly by 2.13 % quarter-on-quarter, aligning with the annual rise of 0.06 %. Operating profit, while up 4.05 % compared to last year, faced a quarter-on-quarter increase of 0.57 %, 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 0.52 %, but a shrinkage of -0.21 % sequentially. Other income fell by -41.8 % compared to the last quarter, despite an annual decline of -42.03 %. Interest expenses dropped significantly by -8.89 % from the previous quarter, yet the year-over-year increase remains at a moderate 241.67 %. Depreciation costs climbed by 1.1 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -12.21 %. Profit before tax declined annually by -16.65 % but saw a reduction from the preceding quarter by -42.77 %.
Tax expenses as a percentage of profits decreased slightly by -11.67 % compared to last year, with a more notable quarter-on-quarter increase of 6.66 %. Net profit fell by -18.07 % year-on-year but witnessed a -47.01 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -23.08 % but a quarterly fall of -50 %. In summary, Hathway Cable & Datacom 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. 499.23 Cr | Rs. 493.37 Cr | Rs. 502.61 Cr | + 1.87 % | + 0.68 % |
Expenses | Rs. 421.7 Cr | Rs. 413.16 Cr | Rs. 421.94 Cr | + 2.13 % | + 0.06 % |
Operating Profit | Rs. 77.53 Cr | Rs. 80.21 Cr | Rs. 80.67 Cr | + 0.57 % | + 4.05 % |
Net Profit | Rs. 22.36 Cr | Rs. 34.57 Cr | Rs. 18.32 Cr | -47.01 % | -18.07 % |
EPS in Rs | Rs. 0.13 | Rs. 0.2 | Rs. 0.1 | -50 % | -23.08 % |
In reviewing Hathway Cable & Datacom Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 0.68 % year-on-year growth, however, there was a minor increase of 1.87 % from the previous quarter. Expenses rose by 0.06 % compared to the previous year, with a 2.13 % increase quarter-on-quarter. Operating Profit surged by 4.05 % annually, and saw a 0.57 % increase from the last quarter.
Net Profit showed yearly decrease of -18.07 %, and experienced a -47.01 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -23.08 % annually, however dipped by -50 % compared to the last quarter. In essence, while Hathway Cable & Datacom Limited 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.