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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 20.72 % in the past year, substantial increase in net sales/revenue by 43.46 %.
- 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 16.37 %. Marginal decrease of -53.01% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Hercules Hoists Ltd.,. Profit dropped by -86.05 % Year to Year, Hercules Hoists Ltd.,’s profitability increased by 14.2 % in this quarter.
- EPS over the Year and quarter: EPS declined by -86.06 % Year to Year. EPS increased by 14.2 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 47.465 Cr | Rs. 39.94 Cr | Rs. 57.298 Cr | + 43.46 % | + 20.72 % |
Expenses | Rs. 43.21 Cr | Rs. 33.91 Cr | Rs. 43.99 Cr | + 29.73 % | + 1.81 % |
Operating Profit | Rs. 4.26 Cr | Rs. 6.03 Cr | Rs. 13.31 Cr | + 120.73 % | + 212.44 % |
OPM % | 8.98 % | 15.1 % | 23.23 % | + 8.13 % | + 14.25 % |
Other Income | Rs. 3.42 Cr | Rs. 8.47 Cr | Rs. 3.98 Cr | -53.01 % | + 16.37 % |
Interest | Rs. 0.16 Cr | Rs. 0.14 Cr | Rs. 0.13 Cr | -7.14 % | -18.75 % |
Depreciation | Rs. 0.97 Cr | Rs. 1.08 Cr | Rs. 1.1 Cr | + 1.85 % | + 13.4 % |
Profit before tax | Rs. 6.55 Cr | Rs. 13.28 Cr | Rs. 16.06 Cr | + 20.93 % | + 145.19 % |
Tax % | 9.15 % | 21.83 % | 26.21 % | + 4.38 % | + 17.06 % |
Net Profit | Rs. 84.95 Cr | Rs. 10.38 Cr | Rs. 11.85 Cr | + 14.16 % | -86.05 % |
EPS in Rs | Rs. 26.55 | Rs. 3.24 | Rs. 3.7 | + 14.2 % | -86.06 % |
Today, we’re looking at Hercules Hoists Ltd.,’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 20.72 %. However, it did see a marginal increase of 43.46 % from the previous quarter. Expenses ticked up slightly by 29.73 % quarter-on-quarter, aligning with the annual rise of 1.81 %. Operating profit, while up 212.44 % compared to last year, faced a quarter-on-quarter increase of 120.73 %, 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 14.25 %, but an expansion of 8.13 % sequentially. Other income fell by -53.01 % compared to the last quarter, despite an annual growth of 16.37 %. Interest expenses dropped significantly by -7.14 % from the previous quarter, yet the year-over-year decrease remains at a moderate -18.75 %. Depreciation costs climbed by 1.85 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 13.4 %. Profit before tax grew annually by 145.19 % but saw an increase from the preceding quarter by 20.93 %.
Tax expenses as a percentage of profits increased slightly by 17.06 % compared to last year, with a more notable quarter-on-quarter increase of 4.38 %. Net profit fell by -86.05 % year-on-year but experienced a 14.16 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -86.06 % but a quarterly rise of 14.2 %. In summary, Hercules Hoists 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. 47.465 Cr | Rs. 39.94 Cr | Rs. 57.298 Cr | + 43.46 % | + 20.72 % |
Expenses | Rs. 43.21 Cr | Rs. 33.91 Cr | Rs. 43.99 Cr | + 29.73 % | + 1.81 % |
Operating Profit | Rs. 4.26 Cr | Rs. 6.03 Cr | Rs. 13.31 Cr | + 120.73 % | + 212.44 % |
Net Profit | Rs. 84.95 Cr | Rs. 10.38 Cr | Rs. 11.85 Cr | + 14.16 % | -86.05 % |
EPS in Rs | Rs. 26.55 | Rs. 3.24 | Rs. 3.7 | + 14.2 % | -86.06 % |
In reviewing Hercules Hoists Ltd.,’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 20.72 % year-on-year growth, however, there was a minor increase of 43.46 % from the previous quarter. Expenses rose by 1.81 % compared to the previous year, with a 29.73 % increase quarter-on-quarter. Operating Profit surged by 212.44 % annually, and saw a 120.73 % increase from the last quarter.
Net Profit showed yearly decrease of -86.05 %, and experienced a 14.16 % increase from the previous quarter. Earnings Per Share (EPS) fell by -86.06 % annually, however rose by 14.2 % compared to the last quarter. In essence, while Hercules Hoists Ltd., 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.