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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 6.86 % in the past year, decrease in net sales/revenue by -10.65 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -66.33 %, Marginal decrease of -83.74% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Hawa Engineers ltd.. Notable increase of 91.3 % in net profit Year to Year, Hawa Engineers ltd.’s profitability increased by 100 % in this quarter.
- EPS over the Year and quarter: EPS increased by 89.83 % Year to Year. EPS increased by 100 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 25.949 Cr | Rs. 31.032 Cr | Rs. 27.728 Cr | -10.65 % | + 6.86 % |
Expenses | Rs. 25.06 Cr | Rs. 29.4 Cr | Rs. 26.3 Cr | -10.54 % | + 4.95 % |
Operating Profit | Rs. 0.89 Cr | Rs. 1.63 Cr | Rs. 1.43 Cr | -12.27 % | + 60.67 % |
OPM % | 3.43 % | 5.25 % | 5.16 % | -0.09 % | + 1.73 % |
Other Income | Rs. 0.098 Cr | Rs. 0.203 Cr | Rs. 0.033 Cr | -83.74 % | -66.33 % |
Interest | Rs. 0.56 Cr | Rs. 0.97 Cr | Rs. 0.71 Cr | -26.8 % | + 26.79 % |
Depreciation | Rs. 0.22 Cr | Rs. 0.2 Cr | Rs. 0.22 Cr | + 10 % | + 0 % |
Profit before tax | Rs. 0.21 Cr | Rs. 0.66 Cr | Rs. 0.53 Cr | -19.7 % | + 152.38 % |
Tax % | 0 % | 70.24 % | 25.14 % | -45.1 % | + 25.14 % |
Net Profit | Rs. 0.21 Cr | Rs. 0.2 Cr | Rs. 0.4 Cr | + 100 % | + 90.48 % |
EPS in Rs | Rs. 0.59 | Rs. 0.56 | Rs. 1.12 | + 100 % | + 89.83 % |
Today, we’re looking at Hawa Engineers 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 6.86 %. However, it did see a marginal slip of -10.65 % from the previous quarter. Expenses decreased slightly by -10.54 % quarter-on-quarter, aligning with the annual rise of 4.95 %. Operating profit, while up 60.67 % compared to last year, faced a quarter-on-quarter dip of -12.27 %, 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 1.73 %, but a shrinkage of -0.09 % sequentially. Other income fell by -83.74 % compared to the last quarter, despite an annual decline of -66.33 %. Interest expenses dropped significantly by -26.8 % from the previous quarter, yet the year-over-year increase remains at a moderate 26.79 %. Depreciation costs climbed by 10 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0 %. Profit before tax grew annually by 152.38 % but saw a reduction from the preceding quarter by -19.7 %.
Tax expenses as a percentage of profits increased slightly by 25.14 % compared to last year, with a more notable quarter-on-quarter decrease of -45.1 %. Net profit rose by 90.48 % year-on-year but experienced a 100 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 89.83 % but a quarterly rise of 100 %. In summary, Hawa Engineers 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. 25.949 Cr | Rs. 31.032 Cr | Rs. 27.728 Cr | -10.65 % | + 6.86 % |
Expenses | Rs. 25.06 Cr | Rs. 29.4 Cr | Rs. 26.3 Cr | -10.54 % | + 4.95 % |
Operating Profit | Rs. 0.89 Cr | Rs. 1.63 Cr | Rs. 1.43 Cr | -12.27 % | + 60.67 % |
Net Profit | Rs. 0.21 Cr | Rs. 0.2 Cr | Rs. 0.4 Cr | + 100 % | + 90.48 % |
EPS in Rs | Rs. 0.59 | Rs. 0.56 | Rs. 1.12 | + 100 % | + 89.83 % |
In reviewing Hawa Engineers ltd.’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 6.86 % year-on-year growth, although there was a slight dip of -10.65 % from the previous quarter. Expenses rose by 4.95 % compared to the previous year, with a decrease of -10.54 % quarter-on-quarter. Operating Profit surged by 60.67 % annually, and saw a -12.27 % decrease from the last quarter.
Net Profit showed yearly increase of 90.48 %, and experienced a 100 % increase from the previous quarter. Earnings Per Share (EPS) rose by 89.83 % annually, however rose by 100 % compared to the last quarter. In essence, while Hawa Engineers ltd. exhibits strong annual growth indicators, short-term improvements suggest the potential for recovery and the importance of strategic adjustments to counter market challenges effectively. That’s all for now in the financial sector.
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