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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 206.82 % in the past year, substantial increase in net sales/revenue by 35.57 %.
- 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 48.48 %. Marginal decrease of -21.97% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Himachal Fibres Ltd.,. Notable increase of 35.43 % in net profit Year to Year, Himachal Fibres Ltd.,’s profitability increased by 546.48 % in this quarter.
- EPS over the Year and quarter: EPS increased by 14.29 % Year to Year. EPS increased by 433.33 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 2.359 Cr | Rs. 5.339 Cr | Rs. 7.238 Cr | + 35.57 % | + 206.82 % |
Expenses | Rs. 3.1 Cr | Rs. 5.31 Cr | Rs. 8.53 Cr | + 60.64 % | + 175.16 % |
Operating Profit | Rs. -0.74 Cr | Rs. 0.03 Cr | Rs. -1.29 Cr | -4400 % | -74.32 % |
OPM % | -31.37 % | 0.56 % | -17.82 % | -18.38 % | + 13.55 % |
Other Income | Rs. 0.165 Cr | Rs. 0.314 Cr | Rs. 0.245 Cr | -21.97 % | + 48.48 % |
Interest | Rs. 0.55 Cr | Rs. 0.34 Cr | Rs. 0.35 Cr | + 2.94 % | -36.36 % |
Depreciation | Rs. 0.34 Cr | Rs. 0.29 Cr | Rs. 0.29 Cr | + 0 % | -14.71 % |
Profit before tax | Rs. -1.47 Cr | Rs. -0.29 Cr | Rs. -1.69 Cr | -482.76 % | -14.97 % |
Tax % | -16.31 % | -10.8 % | -1.84 % | + 8.96 % | + 14.47 % |
Net Profit | Rs. -1.22 Cr | Rs. -0.26 Cr | Rs. -1.66 Cr | -538.46 % | -36.07 % |
EPS in Rs | Rs. -0.14 | Rs. -0.03 | Rs. -0.12 | -300 % | + 14.29 % |
Today, we’re looking at Himachal Fibres Ltd.,’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 206.82 %. However, it did see a marginal increase of 35.57 % from the previous quarter. Expenses ticked up slightly by 60.64 % quarter-on-quarter, aligning with the annual rise of 175.16 %. Operating profit, while down -74.32 % compared to last year, faced a quarter-on-quarter dip of -4400 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 13.55 %, but a shrinkage of -18.38 % sequentially. Other income fell by -21.97 % compared to the last quarter, despite an annual growth of 48.48 %. Interest expenses surged remarkably by 2.94 % from the previous quarter, yet the year-over-year decrease remains at a moderate -36.36 %. Depreciation costs climbed by 0 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -14.71 %. Profit before tax declined annually by -14.97 % but saw a reduction from the preceding quarter by -482.76 %.
Tax expenses as a percentage of profits increased slightly by 14.47 % compared to last year, with a more notable quarter-on-quarter increase of 8.96 %. Net profit fell by -36.07 % year-on-year but witnessed a -538.46 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 14.29 % but a quarterly fall of -300 %. 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. 2.359 Cr | Rs. 5.339 Cr | Rs. 7.238 Cr | + 35.57 % | + 206.82 % |
Expenses | Rs. 3.1 Cr | Rs. 5.31 Cr | Rs. 8.53 Cr | + 60.64 % | + 175.16 % |
Operating Profit | Rs. -0.74 Cr | Rs. 0.03 Cr | Rs. -1.29 Cr | -4400 % | -74.32 % |
Net Profit | Rs. -1.22 Cr | Rs. -0.26 Cr | Rs. -1.66 Cr | -538.46 % | -36.07 % |
EPS in Rs | Rs. -0.14 | Rs. -0.03 | Rs. -0.12 | -300 % | + 14.29 % |
In reviewing Himachal Fibres Ltd.,’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 206.82 % year-on-year growth, however, there was a minor increase of 35.57 % from the previous quarter. Expenses rose by 175.16 % compared to the previous year, with a 60.64 % increase quarter-on-quarter. Operating Profit dropped by -74.32 % annually, and saw a -4400 % decrease from the last quarter.
Net Profit showed yearly decrease of -36.07 %, and experienced a -538.46 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 14.29 % annually, however dipped by -300 % compared to the last quarter. In essence, while Himachal Fibres Ltd., 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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