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Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 7.38 % in the past year, substantial increase in net sales/revenue by 45.13 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -77.39 %, Marginal decrease of -50.95% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for HIL Limited. Profit dropped by -44.55 % Year to Year, HIL Limited’s profitability increased by 949.01 % in this quarter.
- EPS over the Year and quarter: EPS declined by -44.57 % Year to Year. EPS increased by 949.81 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 721.89 Cr | Rs. 534.1 Cr | Rs. 775.15 Cr | + 45.13 % | + 7.38 % |
| Expenses | Rs. 631.54 Cr | Rs. 520.03 Cr | Rs. 700.87 Cr | + 34.77 % | + 10.98 % |
| Operating Profit | Rs. 90.35 Cr | Rs. 14.07 Cr | Rs. 74.28 Cr | + 427.93 % | -17.79 % |
| OPM % | 12.52 % | 2.63 % | 9.58 % | + 6.95 % | -2.94 % |
| Other Income | Rs. 28.62 Cr | Rs. 13.19 Cr | Rs. 6.47 Cr | -50.95 % | -77.39 % |
| Interest | Rs. 2.12 Cr | Rs. 4.11 Cr | Rs. 6 Cr | + 45.99 % | + 183.02 % |
| Depreciation | Rs. 16.74 Cr | Rs. 17.94 Cr | Rs. 16.81 Cr | -6.3 % | + 0.42 % |
| Profit before tax | Rs. 100.11 Cr | Rs. 5.21 Cr | Rs. 57.94 Cr | + 1012.09 % | -42.12 % |
| Tax % | 23.27 % | 22.07 % | 26.49 % | + 4.42 % | + 3.22 % |
| Net Profit | Rs. 76.81 Cr | Rs. 4.06 Cr | Rs. 42.59 Cr | + 949.01 % | -44.55 % |
| EPS in Rs | Rs. 101.88 | Rs. 5.38 | Rs. 56.48 | + 949.81 % | -44.56 % |
Today, we’re looking at HIL Limited’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 7.38 %. However, it did see a marginal increase of 45.13 % from the previous quarter. Expenses ticked up slightly by 34.77 % quarter-on-quarter, aligning with the annual rise of 10.98 %. Operating profit, while down -17.79 % compared to last year, faced a quarter-on-quarter increase of 427.93 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -2.94 %, but an expansion of 6.95 % sequentially. Other income fell by -50.95 % compared to the last quarter, despite an annual decline of -77.39 %. Interest expenses surged remarkably by 45.99 % from the previous quarter, yet the year-over-year increase remains at a moderate 183.02 %. Depreciation costs fell by -6.3 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0.42 %. Profit before tax declined annually by -42.12 % but saw an increase from the preceding quarter by 1012.09 %.
Tax expenses as a percentage of profits increased slightly by 3.22 % compared to last year, with a more notable quarter-on-quarter increase of 4.42 %. Net profit fell by -44.55 % year-on-year but experienced a 949.01 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -44.56 % but a quarterly rise of 949.81 %. In summary, HIL 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. 721.89 Cr | Rs. 534.1 Cr | Rs. 775.15 Cr | + 45.13 % | + 7.38 % |
| Expenses | Rs. 631.54 Cr | Rs. 520.03 Cr | Rs. 700.87 Cr | + 34.77 % | + 10.98 % |
| Operating Profit | Rs. 90.35 Cr | Rs. 14.07 Cr | Rs. 74.28 Cr | + 427.93 % | -17.79 % |
| Net Profit | Rs. 76.81 Cr | Rs. 4.06 Cr | Rs. 42.59 Cr | + 949.01 % | -44.55 % |
| EPS in Rs | Rs. 101.88 | Rs. 5.38 | Rs. 56.48 | + 949.81 % | -44.56 % |
In reviewing HIL Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 7.38 % year-on-year growth, however, there was a minor increase of 45.13 % from the previous quarter. Expenses rose by 10.98 % compared to the previous year, with a 34.77 % increase quarter-on-quarter. Operating Profit dropped by -17.79 % annually, and saw a 427.93 % increase from the last quarter.
Net Profit showed yearly decrease of -44.55 %, and experienced a 949.01 % increase from the previous quarter. Earnings Per Share (EPS) fell by -44.56 % annually, however rose by 949.81 % compared to the last quarter. In essence, while HIL Limited faces strong annual decline 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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