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Himachal Fibres : Q4 2024 Financial Quarterly Report : YoY Sales Up 81.57 %, QoQ Up 102.44 %

June 24, 2024June 24, 2024| adminadmin| 0 Comments| 11:25 am
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Highlights

  • Sales over the Year and quarter: The company experienced a substantial growth of 81.57 % in the past year, substantial increase in net sales/revenue by 102.44 %.
  • Income over the Year and quarter: There has been decline in other income over the past year which is -44.74 %, Marginal decrease of -25% in other income during this quarter.
  • Profit over the Year and quarter: Challenges in sustaining profitability for Himachal Fibres Ltd.,. Profit dropped by -27.19 % Year to Year, Himachal Fibres Ltd.,’s profitability increased by 255.66 % in this quarter.
  • EPS over the Year and quarter: EPS declined by -27.59 % Year to Year. EPS increased by 250 % in previous quarter. Positive impact on shareholders.

The comprehensive analytics outlining the performance and outlook of Himachal Fibres Ltd.,”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. 5.54 Cr Rs. 4.969 Cr Rs. 10.059 Cr + 102.44 % + 81.57 %
Expenses Rs. 5.73 Cr Rs. 3.97 Cr Rs. 8.44 Cr + 112.59 % + 47.29 %
Operating Profit Rs. -0.19 Cr Rs. 1 Cr Rs. 1.62 Cr + 62 % + 952.63 %
OPM % -3.43 % 20.12 % 16.1 % -4.02 % + 19.53 %
Other Income Rs. 0.38 Cr Rs. 0.28 Cr Rs. 0.21 Cr -25 % -44.74 %
Interest Rs. 0.38 Cr Rs. 0.48 Cr Rs. 0.16 Cr -66.67 % -57.89 %
Depreciation Rs. 0.13 Cr Rs. 0.33 Cr Rs. 0.33 Cr + 0 % + 153.85 %
Profit before tax Rs. -0.32 Cr Rs. 0.47 Cr Rs. 1.34 Cr + 185.11 % + 518.75 %
Tax % 8.46 % 6.22 % 35.59 % + 29.37 % + 27.13 %
Net Profit Rs. 2.5 Cr Rs. 0.51 Cr Rs. 1.82 Cr + 256.86 % -27.2 %
EPS in Rs Rs. 0.29 Rs. 0.06 Rs. 0.2 + 233.33 % -31.03 %


Today, we’re looking at Himachal Fibres 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 81.57 %. However, it did see a marginal increase of 102.44 % from the previous quarter. Expenses ticked up slightly by 112.59 % quarter-on-quarter, aligning with the annual rise of 47.29 %. Operating profit, while up 952.63 % compared to last year, faced a quarter-on-quarter increase of 62 %, 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 19.53 %, but a shrinkage of -4.02 % sequentially. Other income fell by -25 % compared to the last quarter, despite an annual decline of -44.74 %. Interest expenses dropped significantly by -66.67 % from the previous quarter, yet the year-over-year decrease remains at a moderate -57.89 %. Depreciation costs climbed by 0 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 153.85 %. Profit before tax grew annually by 518.75 % but saw an increase from the preceding quarter by 185.11 %.
Tax expenses as a percentage of profits increased slightly by 27.13 % compared to last year, with a more notable quarter-on-quarter increase of 29.37 %. Net profit fell by -27.2 % year-on-year but experienced a 256.86 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -31.03 % but a quarterly rise of 233.33 %. In summary, Himachal Fibres 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. 5.54 Cr Rs. 4.969 Cr Rs. 10.059 Cr + 102.44 % + 81.57 %
Expenses Rs. 5.73 Cr Rs. 3.97 Cr Rs. 8.44 Cr + 112.59 % + 47.29 %
Operating Profit Rs. -0.19 Cr Rs. 1 Cr Rs. 1.62 Cr + 62 % + 952.63 %
Net Profit Rs. 2.5 Cr Rs. 0.51 Cr Rs. 1.82 Cr + 256.86 % -27.2 %
EPS in Rs Rs. 0.29 Rs. 0.06 Rs. 0.2 + 233.33 % -31.03 %


In reviewing Himachal Fibres Ltd.,’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 81.57 % year-on-year growth, however, there was a minor increase of 102.44 % from the previous quarter. Expenses rose by 47.29 % compared to the previous year, with a 112.59 % increase quarter-on-quarter. Operating Profit surged by 952.63 % annually, and saw a 62 % increase from the last quarter.
Net Profit showed yearly decrease of -27.2 %, and experienced a 256.86 % increase from the previous quarter. Earnings Per Share (EPS) fell by -31.03 % annually, however rose by 233.33 % compared to the last quarter. In essence, while Himachal Fibres 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.

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