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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’s sales declined by -54.91 % over the year, decrease in net sales/revenue by -54.53 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -60.38 %, Marginal decrease of -32.24% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Hemadri Cements Limited. Notable increase of 128.19 % in net profit Year to Year, Hemadri Cements Limited’s profitability increased by 314.88 % in this quarter.
- EPS over the Year and quarter: EPS increased by 128.26 % Year to Year. EPS increased by 314.63 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 14.482 Cr | Rs. 14.362 Cr | Rs. 6.53 Cr | -54.53 % | -54.91 % |
| Expenses | Rs. 18.64 Cr | Rs. 18.07 Cr | Rs. 16.35 Cr | -9.52 % | -12.29 % |
| Operating Profit | Rs. -4.16 Cr | Rs. -3.71 Cr | Rs. -9.82 Cr | -164.69 % | -136.06 % |
| OPM % | -28.73 % | -25.83 % | -150.38 % | -124.55 % | -121.65 % |
| Other Income | Rs. 0.366 Cr | Rs. 0.214 Cr | Rs. 0.145 Cr | -32.24 % | -60.38 % |
| Interest | Rs. 0.3 Cr | Rs. 0.42 Cr | Rs. 0.33 Cr | -21.43 % | + 10 % |
| Depreciation | Rs. 0.47 Cr | Rs. 0.48 Cr | Rs. 0.39 Cr | -18.75 % | -17.02 % |
| Profit before tax | Rs. -4.56 Cr | Rs. -4.4 Cr | Rs. -10.4 Cr | -136.36 % | -128.07 % |
| Tax % | -0 % | -42.89 % | -0 % | + 42.89 % | 0 % |
| Net Profit | Rs. -4.56 Cr | Rs. -2.51 Cr | Rs. -10.4 Cr | -314.34 % | -128.07 % |
| EPS in Rs | Rs. -6.83 | Rs. -3.76 | Rs. -15.59 | -314.63 % | -128.26 % |
Today, we’re looking at Hemadri Cements Limited’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -54.91 %. However, it did see a marginal slip of -54.53 % from the previous quarter. Expenses decreased slightly by -9.52 % quarter-on-quarter, aligning with the annual decline of -12.29 %. Operating profit, while down -136.06 % compared to last year, faced a quarter-on-quarter dip of -164.69 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -121.65 %, but a shrinkage of -124.55 % sequentially. Other income fell by -32.24 % compared to the last quarter, despite an annual decline of -60.38 %. Interest expenses dropped significantly by -21.43 % from the previous quarter, yet the year-over-year increase remains at a moderate 10 %. Depreciation costs fell by -18.75 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -17.02 %. Profit before tax declined annually by -128.07 % but saw a reduction from the preceding quarter by -136.36 %.
with a more notable quarter-on-quarter increase of 42.89 %. Net profit fell by -128.07 % year-on-year but witnessed a -314.34 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -128.26 % but a quarterly fall of -314.63 %. In summary, Hemadri Cements 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. 14.482 Cr | Rs. 14.362 Cr | Rs. 6.53 Cr | -54.53 % | -54.91 % |
| Expenses | Rs. 18.64 Cr | Rs. 18.07 Cr | Rs. 16.35 Cr | -9.52 % | -12.29 % |
| Operating Profit | Rs. -4.16 Cr | Rs. -3.71 Cr | Rs. -9.82 Cr | -164.69 % | -136.06 % |
| Net Profit | Rs. -4.56 Cr | Rs. -2.51 Cr | Rs. -10.4 Cr | -314.34 % | -128.07 % |
| EPS in Rs | Rs. -6.83 | Rs. -3.76 | Rs. -15.59 | -314.63 % | -128.26 % |
In reviewing Hemadri Cements Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -54.91 % year-on-year, although there was a slight dip of -54.53 % from the previous quarter. Expenses decreased by -12.29 % compared to the previous year, with a decrease of -9.52 % quarter-on-quarter. Operating Profit dropped by -136.06 % annually, and saw a -164.69 % decrease from the last quarter.
Net Profit showed yearly decrease of -128.07 %, and experienced a -314.34 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -128.26 % annually, however dipped by -314.63 % compared to the last quarter. In essence, while Hemadri Cements Limited faces strong annual decline 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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