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HFCL LIMITED’s Quarterly Result and Earnings Report for Q4(Mar 2024) : Sales decreased by 7.46 % in YoY and increased by 28.46 % in QoQ

May 4, 2024May 4, 2024| adminadmin| 0 Comments| 3:20 pm
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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.

The comprehensive analytics outlining the performance and outlook of HFCL LIMITED”s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

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.

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