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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 4.19 % in the past year, decrease in net sales/revenue by -1.27 %.
- 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 203.06 %. Marginal increase in other income during this quarter, up by 35.95%.
- Profit over the Year and quarter: Significant improvement in profitability for Heritage Foods Limited. Notable increase of 116.96 % in net profit Year to Year, Heritage Foods Limited’s profitability dropped by -16.77 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 116.53 % Year to Year. EPS decreased by -16.83 % in previous quarter. Analysis needed for shareholder value.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 978.552 Cr | Rs. 1032.671 Cr | Rs. 1019.523 Cr | -1.27 % | + 4.19 % |
Expenses | Rs. 933.1 Cr | Rs. 938.86 Cr | Rs. 936.28 Cr | -0.27 % | + 0.34 % |
Operating Profit | Rs. 45.45 Cr | Rs. 93.81 Cr | Rs. 83.24 Cr | -11.27 % | + 83.15 % |
OPM % | 4.64 % | 9.08 % | 8.16 % | -0.92 % | + 3.52 % |
Other Income | Rs. 1.798 Cr | Rs. 4.008 Cr | Rs. 5.449 Cr | + 35.95 % | + 203.06 % |
Interest | Rs. 1.54 Cr | Rs. 3.41 Cr | Rs. 3.87 Cr | + 13.49 % | + 151.3 % |
Depreciation | Rs. 15.03 Cr | Rs. 16.63 Cr | Rs. 17.35 Cr | + 4.33 % | + 15.44 % |
Profit before tax | Rs. 30.68 Cr | Rs. 77.78 Cr | Rs. 67.47 Cr | -13.26 % | + 119.92 % |
Tax % | 25.57 % | 24.88 % | 27.93 % | + 3.05 % | + 2.36 % |
Net Profit | Rs. 22.41 Cr | Rs. 58.43 Cr | Rs. 48.63 Cr | -16.77 % | + 117 % |
EPS in Rs | Rs. 2.42 | Rs. 6.3 | Rs. 5.24 | -16.83 % | + 116.53 % |
Today, we’re looking at Heritage Foods Limited’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 4.19 %. However, it did see a marginal slip of -1.27 % from the previous quarter. Expenses decreased slightly by -0.27 % quarter-on-quarter, aligning with the annual rise of 0.34 %. Operating profit, while up 83.15 % compared to last year, faced a quarter-on-quarter dip of -11.27 %, 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 3.52 %, but a shrinkage of -0.92 % sequentially. Other income rose by 35.95 % compared to the last quarter, despite an annual growth of 203.06 %. Interest expenses surged remarkably by 13.49 % from the previous quarter, yet the year-over-year increase remains at a moderate 151.3 %. Depreciation costs climbed by 4.33 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 15.44 %. Profit before tax grew annually by 119.92 % but saw a reduction from the preceding quarter by -13.26 %.
Tax expenses as a percentage of profits increased slightly by 2.36 % compared to last year, with a more notable quarter-on-quarter increase of 3.05 %. Net profit rose by 117 % year-on-year but witnessed a -16.77 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 116.53 % but a quarterly fall of -16.83 %. In summary, Heritage Foods 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. 978.552 Cr | Rs. 1032.671 Cr | Rs. 1019.523 Cr | -1.27 % | + 4.19 % |
Expenses | Rs. 933.1 Cr | Rs. 938.86 Cr | Rs. 936.28 Cr | -0.27 % | + 0.34 % |
Operating Profit | Rs. 45.45 Cr | Rs. 93.81 Cr | Rs. 83.24 Cr | -11.27 % | + 83.15 % |
Net Profit | Rs. 22.41 Cr | Rs. 58.43 Cr | Rs. 48.63 Cr | -16.77 % | + 117 % |
EPS in Rs | Rs. 2.42 | Rs. 6.3 | Rs. 5.24 | -16.83 % | + 116.53 % |
In reviewing Heritage Foods Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 4.19 % year-on-year growth, although there was a slight dip of -1.27 % from the previous quarter. Expenses rose by 0.34 % compared to the previous year, with a decrease of -0.27 % quarter-on-quarter. Operating Profit surged by 83.15 % annually, and saw a -11.27 % decrease from the last quarter.
Net Profit showed yearly increase of 117 %, and experienced a -16.77 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 116.53 % annually, however dipped by -16.83 % compared to the last quarter. In essence, while Heritage Foods 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.
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