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HB Estate Developers ‘s Q2 Update: Profit Grows by 152.69% YoY

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Highlights

  • The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
  • Sales over the Year and quarter: The company experienced a substantial growth of 12.43 % in the past year, substantial increase in net sales/revenue by 6.89 %.
  • Income over the Year and quarter: There has been decline in other income over the past year which is -50.88 %, Marginal decrease of -49.3% in other income during this quarter.
  • Profit over the Year and quarter: Challenges in sustaining profitability for HB Estate Developers Ltd.. Profit dropped by -152.86 % Year to Year, HB Estate Developers Ltd.’s profitability dropped by -46.04 % Quarter to Quarter.
  • EPS over the Year and quarter: EPS declined by -152.08 % Year to Year. EPS decreased by -45.65 % in previous quarter. Analysis needed for shareholder value.

The comprehensive analytics outlining the performance and outlook of HB Estate Developers Ltd.‘s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 24.38 Cr Rs. 25.644 Cr Rs. 27.41 Cr + 6.89 % + 12.43 %
Expenses Rs. 17.2 Cr Rs. 17.03 Cr Rs. 18.97 Cr + 11.39 % + 10.29 %
Operating Profit Rs. 7.18 Cr Rs. 8.61 Cr Rs. 8.44 Cr -1.97 % + 17.55 %
OPM % 29.45 % 33.58 % 30.79 % -2.79 % + 1.34 %
Other Income Rs. 0.735 Cr Rs. 0.712 Cr Rs. 0.361 Cr -49.3 % -50.88 %
Interest Rs. 6.3 Cr Rs. 5.73 Cr Rs. 5.59 Cr -2.44 % -11.27 %
Depreciation Rs. 1.86 Cr Rs. 1.89 Cr Rs. 1.93 Cr + 2.12 % + 3.76 %
Profit before tax Rs. -0.25 Cr Rs. 1.7 Cr Rs. 1.28 Cr -24.71 % + 612 %
Tax % -275.3 % 46.87 % 61.87 % + 15 % + 337.17 %
Net Profit Rs. -0.93 Cr Rs. 0.91 Cr Rs. 0.49 Cr -46.15 % + 152.69 %
EPS in Rs Rs. -0.48 Rs. 0.46 Rs. 0.25 -45.65 % + 152.08 %


Today, we’re looking at HB Estate Developers Ltd.’s financial performance for the Q2(Sep 2024-25).Starting with the top line, the company reported a robust year-over-year sales growth of 12.43 %. However, it did see a marginal increase of 6.89 % from the previous quarter. Expenses ticked up slightly by 11.39 % quarter-on-quarter, aligning with the annual rise of 10.29 %. Operating profit, while up 17.55 % compared to last year, faced a quarter-on-quarter dip of -1.97 %, 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 1.34 %, but a shrinkage of -2.79 % sequentially. Other income fell by -49.3 % compared to the last quarter, despite an annual decline of -50.88 %. Interest expenses dropped significantly by -2.44 % from the previous quarter, yet the year-over-year decrease remains at a moderate -11.27 %. Depreciation costs climbed by 2.12 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 3.76 %. Profit before tax grew annually by 612 % but saw a reduction from the preceding quarter by -24.71 %.
Tax expenses as a percentage of profits increased slightly by 337.17 % compared to last year, with a more notable quarter-on-quarter increase of 15 %. Net profit rose by 152.69 % year-on-year but witnessed a -46.15 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 152.08 % but a quarterly fall of -45.65 %. In summary, HB Estate Developers 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. 24.38 Cr Rs. 25.644 Cr Rs. 27.41 Cr + 6.89 % + 12.43 %
Expenses Rs. 17.2 Cr Rs. 17.03 Cr Rs. 18.97 Cr + 11.39 % + 10.29 %
Operating Profit Rs. 7.18 Cr Rs. 8.61 Cr Rs. 8.44 Cr -1.97 % + 17.55 %
Net Profit Rs. -0.93 Cr Rs. 0.91 Cr Rs. 0.49 Cr -46.15 % + 152.69 %
EPS in Rs Rs. -0.48 Rs. 0.46 Rs. 0.25 -45.65 % + 152.08 %


In reviewing HB Estate Developers Ltd.’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 12.43 % year-on-year growth, however, there was a minor increase of 6.89 % from the previous quarter. Expenses rose by 10.29 % compared to the previous year, with a 11.39 % increase quarter-on-quarter. Operating Profit surged by 17.55 % annually, and saw a -1.97 % decrease from the last quarter.
Net Profit showed yearly increase of 152.69 %, and experienced a -46.15 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 152.08 % annually, however dipped by -45.65 % compared to the last quarter. In essence, while HB Estate Developers 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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