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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 8.85 % in the past year, decrease in net sales/revenue by -0.98 %.
- 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 150.1 %. Marginal increase in other income during this quarter, up by 37.23%.
- Profit over the Year and quarter: Significant improvement in profitability for HIM TEKNOFORGE LIMITED. Notable increase of 45.69 % in net profit Year to Year, HIM TEKNOFORGE LIMITED’s profitability dropped by -2.45 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 38.59 % Year to Year. EPS decreased by -7.27 % 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. 95.271 Cr | Rs. 104.732 Cr | Rs. 103.705 Cr | -0.98 % | + 8.85 % |
| Expenses | Rs. 86.55 Cr | Rs. 95.07 Cr | Rs. 94.49 Cr | -0.61 % | + 9.17 % |
| Operating Profit | Rs. 8.72 Cr | Rs. 9.66 Cr | Rs. 9.22 Cr | -4.55 % | + 5.73 % |
| OPM % | 9.15 % | 9.22 % | 8.89 % | -0.33 % | -0.26 % |
| Other Income | Rs. 0.479 Cr | Rs. 0.873 Cr | Rs. 1.198 Cr | + 37.23 % | + 150.1 % |
| Interest | Rs. 4.76 Cr | Rs. 4.65 Cr | Rs. 4.71 Cr | + 1.29 % | -1.05 % |
| Depreciation | Rs. 2.36 Cr | Rs. 2.56 Cr | Rs. 2.59 Cr | + 1.17 % | + 9.75 % |
| Profit before tax | Rs. 2.08 Cr | Rs. 3.32 Cr | Rs. 3.12 Cr | -6.02 % | + 50 % |
| Tax % | 30.14 % | 34.81 % | 31.96 % | -2.85 % | + 1.82 % |
| Net Profit | Rs. 1.45 Cr | Rs. 2.17 Cr | Rs. 2.11 Cr | -2.76 % | + 45.52 % |
| EPS in Rs | Rs. 1.84 | Rs. 2.75 | Rs. 2.55 | -7.27 % | + 38.59 % |
Today, we’re looking at HIM TEKNOFORGE 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 8.85 %. However, it did see a marginal slip of -0.98 % from the previous quarter. Expenses decreased slightly by -0.61 % quarter-on-quarter, aligning with the annual rise of 9.17 %. Operating profit, while up 5.73 % compared to last year, faced a quarter-on-quarter dip of -4.55 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -0.26 %, but a shrinkage of -0.33 % sequentially. Other income rose by 37.23 % compared to the last quarter, despite an annual growth of 150.1 %. Interest expenses surged remarkably by 1.29 % from the previous quarter, yet the year-over-year decrease remains at a moderate -1.05 %. Depreciation costs climbed by 1.17 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 9.75 %. Profit before tax grew annually by 50 % but saw a reduction from the preceding quarter by -6.02 %.
Tax expenses as a percentage of profits increased slightly by 1.82 % compared to last year, with a more notable quarter-on-quarter decrease of -2.85 %. Net profit rose by 45.52 % year-on-year but witnessed a -2.76 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 38.59 % but a quarterly fall of -7.27 %. In summary, HIM TEKNOFORGE 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. 95.271 Cr | Rs. 104.732 Cr | Rs. 103.705 Cr | -0.98 % | + 8.85 % |
| Expenses | Rs. 86.55 Cr | Rs. 95.07 Cr | Rs. 94.49 Cr | -0.61 % | + 9.17 % |
| Operating Profit | Rs. 8.72 Cr | Rs. 9.66 Cr | Rs. 9.22 Cr | -4.55 % | + 5.73 % |
| Net Profit | Rs. 1.45 Cr | Rs. 2.17 Cr | Rs. 2.11 Cr | -2.76 % | + 45.52 % |
| EPS in Rs | Rs. 1.84 | Rs. 2.75 | Rs. 2.55 | -7.27 % | + 38.59 % |
In reviewing HIM TEKNOFORGE LIMITED’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 8.85 % year-on-year growth, although there was a slight dip of -0.98 % from the previous quarter. Expenses rose by 9.17 % compared to the previous year, with a decrease of -0.61 % quarter-on-quarter. Operating Profit surged by 5.73 % annually, and saw a -4.55 % decrease from the last quarter.
Net Profit showed yearly increase of 45.52 %, and experienced a -2.76 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 38.59 % annually, however dipped by -7.27 % compared to the last quarter. In essence, while HIM TEKNOFORGE 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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