Highlights
- Sales over the Year and quarter: The company’s sales declined by -0.91 % over the year, decrease in net sales/revenue by -1.74 %.
- 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 2.45 %. Marginal increase in other income during this quarter, up by 5.5%.
- Profit over the Year and quarter: Significant improvement in profitability for HeidelbergCement India Limited. Notable increase of 37.72 % in net profit Year to Year, HeidelbergCement India Limited’s profitability increased by 53.03 % in this quarter.
- EPS over the Year and quarter: EPS increased by 38.31 % Year to Year. EPS increased by 53.24 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 602.04 Cr | Rs. 607.13 Cr | Rs. 596.55 Cr | -1.74 % | -0.91 % |
| Expenses | Rs. 532.9 Cr | Rs. 541.67 Cr | Rs. 507.66 Cr | -6.28 % | -4.74 % |
| Operating Profit | Rs. 69.14 Cr | Rs. 65.46 Cr | Rs. 88.89 Cr | + 35.79 % | + 28.57 % |
| OPM % | 11.48 % | 10.78 % | 14.9 % | + 4.12 % | + 3.42 % |
| Other Income | Rs. 13.47 Cr | Rs. 13.08 Cr | Rs. 13.8 Cr | + 5.5 % | + 2.45 % |
| Interest | Rs. 6.51 Cr | Rs. 8.49 Cr | Rs. 8.54 Cr | + 0.59 % | + 31.18 % |
| Depreciation | Rs. 27.44 Cr | Rs. 27.42 Cr | Rs. 28.34 Cr | + 3.36 % | + 3.28 % |
| Profit before tax | Rs. 48.66 Cr | Rs. 42.63 Cr | Rs. 65.81 Cr | + 54.37 % | + 35.24 % |
| Tax % | 28.13 % | 26.18 % | 26.82 % | + 0.64 % | -1.31 % |
| Net Profit | Rs. 34.97 Cr | Rs. 31.47 Cr | Rs. 48.16 Cr | + 53.03 % | + 37.72 % |
| EPS in Rs | Rs. 1.54 | Rs. 1.39 | Rs. 2.13 | + 53.24 % | + 38.31 % |
Today, we’re looking at HeidelbergCement India Limited’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -0.91 %. However, it did see a marginal slip of -1.74 % from the previous quarter. Expenses decreased slightly by -6.28 % quarter-on-quarter, aligning with the annual decline of -4.74 %. Operating profit, while up 28.57 % compared to last year, faced a quarter-on-quarter increase of 35.79 %, 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 3.42 %, but an expansion of 4.12 % sequentially. Other income rose by 5.5 % compared to the last quarter, despite an annual growth of 2.45 %. Interest expenses surged remarkably by 0.59 % from the previous quarter, yet the year-over-year increase remains at a moderate 31.18 %. Depreciation costs climbed by 3.36 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 3.28 %. Profit before tax grew annually by 35.24 % but saw an increase from the preceding quarter by 54.37 %.
Tax expenses as a percentage of profits decreased slightly by -1.31 % compared to last year, with a more notable quarter-on-quarter increase of 0.64 %. Net profit rose by 37.72 % year-on-year but experienced a 53.03 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 38.31 % but a quarterly rise of 53.24 %. In summary, HeidelbergCement India 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. 602.04 Cr | Rs. 607.13 Cr | Rs. 596.55 Cr | -1.74 % | -0.91 % |
| Expenses | Rs. 532.9 Cr | Rs. 541.67 Cr | Rs. 507.66 Cr | -6.28 % | -4.74 % |
| Operating Profit | Rs. 69.14 Cr | Rs. 65.46 Cr | Rs. 88.89 Cr | + 35.79 % | + 28.57 % |
| Net Profit | Rs. 34.97 Cr | Rs. 31.47 Cr | Rs. 48.16 Cr | + 53.03 % | + 37.72 % |
| EPS in Rs | Rs. 1.54 | Rs. 1.39 | Rs. 2.13 | + 53.24 % | + 38.31 % |
In reviewing HeidelbergCement India Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -0.91 % year-on-year, although there was a slight dip of -1.74 % from the previous quarter. Expenses decreased by -4.74 % compared to the previous year, with a decrease of -6.28 % quarter-on-quarter. Operating Profit surged by 28.57 % annually, and saw a 35.79 % increase from the last quarter.
Net Profit showed yearly increase of 37.72 %, and experienced a 53.03 % increase from the previous quarter. Earnings Per Share (EPS) rose by 38.31 % annually, however rose by 53.24 % compared to the last quarter. In essence, while HeidelbergCement India Limited 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.
