Share the post "Hester Biosciences Ltd : .Q4 .2024 .Quarterly Earnings: .YoY Sales Up .17.77. %, QoQ Up .18.32. %"
Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 17.77 % in the past year, substantial increase in net sales/revenue by 18.32 %.
- 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 33.05 %. Marginal increase in other income during this quarter, up by 110.45%.
- Profit over the Year and quarter: Significant improvement in profitability for Hester Biosciences Ltd. Notable increase of 11.92 % in net profit Year to Year, Hester Biosciences Ltd’s profitability increased by 59.08 % in this quarter.
- EPS over the Year and quarter: EPS increased by 11.90 % Year to Year. EPS increased by 58.99 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 67.299 Cr | Rs. 66.983 Cr | Rs. 79.255 Cr | + 18.32 % | + 17.77 % |
Expenses | Rs. 55.63 Cr | Rs. 56.83 Cr | Rs. 63.33 Cr | + 11.44 % | + 13.84 % |
Operating Profit | Rs. 11.67 Cr | Rs. 10.15 Cr | Rs. 15.93 Cr | + 56.95 % | + 36.5 % |
OPM % | 17.34 % | 15.15 % | 20.1 % | + 4.95 % | + 2.76 % |
Other Income | Rs. 3.48 Cr | Rs. 2.2 Cr | Rs. 4.63 Cr | + 110.45 % | + 33.05 % |
Interest | Rs. 1.37 Cr | Rs. 2.19 Cr | Rs. 6.94 Cr | + 216.89 % | + 406.57 % |
Depreciation | Rs. 5.37 Cr | Rs. 3.75 Cr | Rs. 3.74 Cr | -0.27 % | -30.35 % |
Profit before tax | Rs. 8.41 Cr | Rs. 6.41 Cr | Rs. 9.88 Cr | + 54.13 % | + 17.48 % |
Tax % | 33.32 % | 45.95 % | 36.99 % | -8.96 % | + 3.67 % |
Net Profit | Rs. 5.71 Cr | Rs. 4.02 Cr | Rs. 6.4 Cr | + 59.2 % | + 12.08 % |
EPS in Rs | Rs. 6.72 | Rs. 4.73 | Rs. 7.52 | + 58.99 % | + 11.9 % |
Today, we’re looking at Hester Biosciences 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 17.77 %. However, it did see a marginal increase of 18.32 % from the previous quarter. Expenses ticked up slightly by 11.44 % quarter-on-quarter, aligning with the annual rise of 13.84 %. Operating profit, while up 36.5 % compared to last year, faced a quarter-on-quarter increase of 56.95 %, 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 2.76 %, but an expansion of 4.95 % sequentially. Other income rose by 110.45 % compared to the last quarter, despite an annual growth of 33.05 %. Interest expenses surged remarkably by 216.89 % from the previous quarter, yet the year-over-year increase remains at a moderate 406.57 %. Depreciation costs fell by -0.27 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -30.35 %. Profit before tax grew annually by 17.48 % but saw an increase from the preceding quarter by 54.13 %.
Tax expenses as a percentage of profits increased slightly by 3.67 % compared to last year, with a more notable quarter-on-quarter decrease of -8.96 %. Net profit rose by 12.08 % year-on-year but experienced a 59.2 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 11.9 % but a quarterly rise of 58.99 %. In summary, Hester Biosciences 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. 67.299 Cr | Rs. 66.983 Cr | Rs. 79.255 Cr | + 18.32 % | + 17.77 % |
Expenses | Rs. 55.63 Cr | Rs. 56.83 Cr | Rs. 63.33 Cr | + 11.44 % | + 13.84 % |
Operating Profit | Rs. 11.67 Cr | Rs. 10.15 Cr | Rs. 15.93 Cr | + 56.95 % | + 36.5 % |
Net Profit | Rs. 5.71 Cr | Rs. 4.02 Cr | Rs. 6.4 Cr | + 59.2 % | + 12.08 % |
EPS in Rs | Rs. 6.72 | Rs. 4.73 | Rs. 7.52 | + 58.99 % | + 11.9 % |
In reviewing Hester Biosciences Ltd’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 17.77 % year-on-year growth, however, there was a minor increase of 18.32 % from the previous quarter. Expenses rose by 13.84 % compared to the previous year, with a 11.44 % increase quarter-on-quarter. Operating Profit surged by 36.5 % annually, and saw a 56.95 % increase from the last quarter.
Net Profit showed yearly increase of 12.08 %, and experienced a 59.2 % increase from the previous quarter. Earnings Per Share (EPS) rose by 11.9 % annually, however rose by 58.99 % compared to the last quarter. In essence, while Hester Biosciences 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.