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Highlights
- Sales over the Year and quarter: The company’s sales declined by -25.09 % over the year, decrease in net sales/revenue by -4.16 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -87.27 %, Marginal decrease of % in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Hemadri Cements Limited. Profit dropped by -34.66 % Year to Year, Hemadri Cements Limited’s profitability increased by 564.99 % in this quarter.
- EPS over the Year and quarter: EPS declined by -34.61 % Year to Year. EPS increased by 571.43 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 19.173 Cr | Rs. 14.985 Cr | Rs. 14.362 Cr | -4.16 % | -25.09 % |
Expenses | Rs. 29.04 Cr | Rs. 14.57 Cr | Rs. 18.07 Cr | + 24.02 % | -37.78 % |
Operating Profit | Rs. -9.87 Cr | Rs. 0.41 Cr | Rs. -3.71 Cr | -1004.88 % | + 62.41 % |
OPM % | -51.48 % | 2.74 % | -25.83 % | -28.57 % | + 25.65 % |
Other Income | Rs. 1.65 Cr | Rs. 0 Cr | Rs. 0.21 Cr | 0 % | -87.27 % |
Interest | Rs. 0.28 Cr | Rs. 0.33 Cr | Rs. 0.42 Cr | + 27.27 % | + 50 % |
Depreciation | Rs. 0.52 Cr | Rs. 0.47 Cr | Rs. 0.48 Cr | + 2.13 % | -7.69 % |
Profit before tax | Rs. -9.02 Cr | Rs. -0.39 Cr | Rs. -4.4 Cr | -1028.21 % | + 51.22 % |
Tax % | -57.4 % | -0 % | -42.89 % | -42.89 % | + 14.51 % |
Net Profit | Rs. -3.84 Cr | Rs. -0.38 Cr | Rs. -2.51 Cr | -560.53 % | + 34.64 % |
EPS in Rs | Rs. -5.75 | Rs. -0.56 | Rs. -3.76 | -571.43 % | + 34.61 % |
Today, we’re looking at Hemadri Cements 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 -25.09 %. However, it did see a marginal slip of -4.16 % from the previous quarter. Expenses ticked up slightly by 24.02 % quarter-on-quarter, aligning with the annual decline of -37.78 %. Operating profit, while up 62.41 % compared to last year, faced a quarter-on-quarter dip of -1004.88 %, 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 25.65 %, but a shrinkage of -28.57 % sequentially. despite an annual decline of -87.27 %. Interest expenses surged remarkably by 27.27 % from the previous quarter, yet the year-over-year increase remains at a moderate 50 %. Depreciation costs climbed by 2.13 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -7.69 %. Profit before tax grew annually by 51.22 % but saw a reduction from the preceding quarter by -1028.21 %.
Tax expenses as a percentage of profits increased slightly by 14.51 % compared to last year, with a more notable quarter-on-quarter decrease of -42.89 %. Net profit rose by 34.64 % year-on-year but witnessed a -560.53 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 34.61 % but a quarterly fall of -571.43 %. 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. 19.173 Cr | Rs. 14.985 Cr | Rs. 14.362 Cr | -4.16 % | -25.09 % |
Expenses | Rs. 29.04 Cr | Rs. 14.57 Cr | Rs. 18.07 Cr | + 24.02 % | -37.78 % |
Operating Profit | Rs. -9.87 Cr | Rs. 0.41 Cr | Rs. -3.71 Cr | -1004.88 % | + 62.41 % |
Net Profit | Rs. -3.84 Cr | Rs. -0.38 Cr | Rs. -2.51 Cr | -560.53 % | + 34.64 % |
EPS in Rs | Rs. -5.75 | Rs. -0.56 | Rs. -3.76 | -571.43 % | + 34.61 % |
In reviewing Hemadri Cements Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -25.09 % year-on-year, although there was a slight dip of -4.16 % from the previous quarter. Expenses decreased by -37.78 % compared to the previous year, with a 24.02 % increase quarter-on-quarter. Operating Profit surged by 62.41 % annually, and saw a -1004.88 % decrease from the last quarter.
Net Profit showed yearly increase of 34.64 %, and experienced a -560.53 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 34.61 % annually, however dipped by -571.43 % compared to the last quarter. In essence, while Hemadri Cements Limited 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.