Highlights
- Sales over the Year and quarter: The company’s sales declined by -7.46 % over the year, substantial increase in net sales/revenue by 28.46 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -2.16 %, Marginal decrease of -71.12% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for HFCL LIMITED. Notable increase of 38.99 % in net profit Year to Year, HFCL LIMITED’s profitability increased by 32.67 % in this quarter.
- EPS over the Year and quarter: EPS increased by 46.15 % Year to Year. EPS increased by 31.03 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 1432.98 Cr | Rs. 1032.31 Cr | Rs. 1326.06 Cr | + 28.46 % | -7.46 % |
| Expenses | Rs. 1278.55 Cr | Rs. 915.58 Cr | Rs. 1130.38 Cr | + 23.46 % | -11.59 % |
| Operating Profit | Rs. 154.43 Cr | Rs. 116.73 Cr | Rs. 195.68 Cr | + 67.63 % | + 26.71 % |
| OPM % | 10.78 % | 11.31 % | 14.76 % | + 3.45 % | + 3.98 % |
| Other Income | Rs. 13.86 Cr | Rs. 46.95 Cr | Rs. 13.56 Cr | -71.12 % | -2.16 % |
| Interest | Rs. 37.92 Cr | Rs. 36.55 Cr | Rs. 39.65 Cr | + 8.48 % | + 4.56 % |
| Depreciation | Rs. 21.44 Cr | Rs. 19.27 Cr | Rs. 20.14 Cr | + 4.51 % | -6.06 % |
| Profit before tax | Rs. 108.93 Cr | Rs. 107.86 Cr | Rs. 149.45 Cr | + 38.56 % | + 37.2 % |
| Tax % | 27.8 % | 23.63 % | 26.82 % | + 3.19 % | -0.98 % |
| Net Profit | Rs. 78.68 Cr | Rs. 82.43 Cr | Rs. 109.36 Cr | + 32.67 % | + 38.99 % |
| EPS in Rs | Rs. 0.52 | Rs. 0.58 | Rs. 0.76 | + 31.03 % | + 46.15 % |
Today, we’re looking at HFCL 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 -7.46 %. However, it did see a marginal increase of 28.46 % from the previous quarter. Expenses ticked up slightly by 23.46 % quarter-on-quarter, aligning with the annual decline of -11.59 %. Operating profit, while up 26.71 % compared to last year, faced a quarter-on-quarter increase of 67.63 %, 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 3.98 %, but an expansion of 3.45 % sequentially. Other income fell by -71.12 % compared to the last quarter, despite an annual decline of -2.16 %. Interest expenses surged remarkably by 8.48 % from the previous quarter, yet the year-over-year increase remains at a moderate 4.56 %. Depreciation costs climbed by 4.51 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -6.06 %. Profit before tax grew annually by 37.2 % but saw an increase from the preceding quarter by 38.56 %.
Tax expenses as a percentage of profits decreased slightly by -0.98 % compared to last year, with a more notable quarter-on-quarter increase of 3.19 %. Net profit rose by 38.99 % year-on-year but experienced a 32.67 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 46.15 % but a quarterly rise of 31.03 %. In summary, HFCL 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. 1432.98 Cr | Rs. 1032.31 Cr | Rs. 1326.06 Cr | + 28.46 % | -7.46 % |
| Expenses | Rs. 1278.55 Cr | Rs. 915.58 Cr | Rs. 1130.38 Cr | + 23.46 % | -11.59 % |
| Operating Profit | Rs. 154.43 Cr | Rs. 116.73 Cr | Rs. 195.68 Cr | + 67.63 % | + 26.71 % |
| Net Profit | Rs. 78.68 Cr | Rs. 82.43 Cr | Rs. 109.36 Cr | + 32.67 % | + 38.99 % |
| EPS in Rs | Rs. 0.52 | Rs. 0.58 | Rs. 0.76 | + 31.03 % | + 46.15 % |
In reviewing HFCL LIMITED’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -7.46 % year-on-year, however, there was a minor increase of 28.46 % from the previous quarter. Expenses decreased by -11.59 % compared to the previous year, with a 23.46 % increase quarter-on-quarter. Operating Profit surged by 26.71 % annually, and saw a 67.63 % increase from the last quarter.
Net Profit showed yearly increase of 38.99 %, and experienced a 32.67 % increase from the previous quarter. Earnings Per Share (EPS) rose by 46.15 % annually, however rose by 31.03 % compared to the last quarter. In essence, while HFCL LIMITED 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.
