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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 11.85 % in the past year, decrease in net sales/revenue by -17.78 %.
- 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 71.3 %. Marginal increase in other income during this quarter, up by 15.85%.
- Profit over the Year and quarter: Significant improvement in profitability for Hawkins Cooker Ltd.. Notable increase of 20.45 % in net profit Year to Year, Hawkins Cooker Ltd.’s profitability dropped by -26.6 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 20.44 % Year to Year. EPS decreased by -26.6 % 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. 203.433 Cr | Rs. 276.763 Cr | Rs. 227.543 Cr | -17.78 % | + 11.85 % |
Expenses | Rs. 174.36 Cr | Rs. 230.85 Cr | Rs. 194.27 Cr | -15.85 % | + 11.42 % |
Operating Profit | Rs. 29.07 Cr | Rs. 45.91 Cr | Rs. 33.27 Cr | -27.53 % | + 14.45 % |
OPM % | 14.29 % | 16.59 % | 14.62 % | -1.97 % | + 0.33 % |
Other Income | Rs. 2.129 Cr | Rs. 3.148 Cr | Rs. 3.647 Cr | + 15.85 % | + 71.3 % |
Interest | Rs. 1.2 Cr | Rs. 1.03 Cr | Rs. 0.85 Cr | -17.48 % | -29.17 % |
Depreciation | Rs. 2.06 Cr | Rs. 2.26 Cr | Rs. 2.41 Cr | + 6.64 % | + 16.99 % |
Profit before tax | Rs. 27.94 Cr | Rs. 45.77 Cr | Rs. 33.66 Cr | -26.46 % | + 20.47 % |
Tax % | 25.58 % | 25.43 % | 25.57 % | + 0.14 % | -0.01 % |
Net Profit | Rs. 20.8 Cr | Rs. 34.13 Cr | Rs. 25.05 Cr | -26.6 % | + 20.43 % |
EPS in Rs | Rs. 39.33 | Rs. 64.54 | Rs. 47.37 | -26.6 % | + 20.44 % |
Today, we’re looking at Hawkins Cooker 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 11.85 %. However, it did see a marginal slip of -17.78 % from the previous quarter. Expenses decreased slightly by -15.85 % quarter-on-quarter, aligning with the annual rise of 11.42 %. Operating profit, while up 14.45 % compared to last year, faced a quarter-on-quarter dip of -27.53 %, 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 0.33 %, but a shrinkage of -1.97 % sequentially. Other income rose by 15.85 % compared to the last quarter, despite an annual growth of 71.3 %. Interest expenses dropped significantly by -17.48 % from the previous quarter, yet the year-over-year decrease remains at a moderate -29.17 %. Depreciation costs climbed by 6.64 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 16.99 %. Profit before tax grew annually by 20.47 % but saw a reduction from the preceding quarter by -26.46 %.
Tax expenses as a percentage of profits decreased slightly by -0.01 % compared to last year, with a more notable quarter-on-quarter increase of 0.14 %. Net profit rose by 20.43 % year-on-year but witnessed a -26.6 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 20.44 % but a quarterly fall of -26.6 %. In summary, Hawkins Cooker 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. 203.433 Cr | Rs. 276.763 Cr | Rs. 227.543 Cr | -17.78 % | + 11.85 % |
Expenses | Rs. 174.36 Cr | Rs. 230.85 Cr | Rs. 194.27 Cr | -15.85 % | + 11.42 % |
Operating Profit | Rs. 29.07 Cr | Rs. 45.91 Cr | Rs. 33.27 Cr | -27.53 % | + 14.45 % |
Net Profit | Rs. 20.8 Cr | Rs. 34.13 Cr | Rs. 25.05 Cr | -26.6 % | + 20.43 % |
EPS in Rs | Rs. 39.33 | Rs. 64.54 | Rs. 47.37 | -26.6 % | + 20.44 % |
In reviewing Hawkins Cooker Ltd.’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 11.85 % year-on-year growth, although there was a slight dip of -17.78 % from the previous quarter. Expenses rose by 11.42 % compared to the previous year, with a decrease of -15.85 % quarter-on-quarter. Operating Profit surged by 14.45 % annually, and saw a -27.53 % decrease from the last quarter.
Net Profit showed yearly increase of 20.43 %, and experienced a -26.6 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 20.44 % annually, however dipped by -26.6 % compared to the last quarter. In essence, while Hawkins Cooker 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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