Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 14.39 % in the past year, substantial increase in net sales/revenue by 11.82 %.
- 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 17.44 %. Marginal increase in other income during this quarter, up by 21.59%.
- Profit over the Year and quarter: Significant improvement in profitability for Himadri Speciality Chemical Ltd.. Notable increase of 51.14 % in net profit Year to Year, Himadri Speciality Chemical Ltd.’s profitability increased by 5.88 % in this quarter.
- EPS over the Year and quarter: EPS increased by 33.89 % Year to Year. EPS decreased by -2.43 % 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. 1028.9 Cr | Rs. 1052.51 Cr | Rs. 1176.95 Cr | + 11.82 % | + 14.39 % |
| Expenses | Rs. 903.34 Cr | Rs. 878.61 Cr | Rs. 997.45 Cr | + 13.53 % | + 10.42 % |
| Operating Profit | Rs. 125.56 Cr | Rs. 173.9 Cr | Rs. 179.5 Cr | + 3.22 % | + 42.96 % |
| OPM % | 12.2 % | 16.52 % | 15.25 % | -1.27 % | + 3.05 % |
| Other Income | Rs. 10.55 Cr | Rs. 10.19 Cr | Rs. 12.39 Cr | + 21.59 % | + 17.44 % |
| Interest | Rs. 13.2 Cr | Rs. 21.22 Cr | Rs. 13.55 Cr | -36.15 % | + 2.65 % |
| Depreciation | Rs. 12.32 Cr | Rs. 12.72 Cr | Rs. 12.61 Cr | -0.86 % | + 2.35 % |
| Profit before tax | Rs. 110.59 Cr | Rs. 150.15 Cr | Rs. 165.73 Cr | + 10.38 % | + 49.86 % |
| Tax % | 31.09 % | 27.55 % | 30.5 % | + 2.95 % | -0.59 % |
| Net Profit | Rs. 76.21 Cr | Rs. 108.78 Cr | Rs. 115.18 Cr | + 5.88 % | + 51.14 % |
| EPS in Rs | Rs. 1.8 | Rs. 2.47 | Rs. 2.41 | -2.43 % | + 33.89 % |
Today, we’re looking at Himadri Speciality Chemical 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 14.39 %. However, it did see a marginal increase of 11.82 % from the previous quarter. Expenses ticked up slightly by 13.53 % quarter-on-quarter, aligning with the annual rise of 10.42 %. Operating profit, while up 42.96 % compared to last year, faced a quarter-on-quarter increase of 3.22 %, 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 3.05 %, but a shrinkage of -1.27 % sequentially. Other income rose by 21.59 % compared to the last quarter, despite an annual growth of 17.44 %. Interest expenses dropped significantly by -36.15 % from the previous quarter, yet the year-over-year increase remains at a moderate 2.65 %. Depreciation costs fell by -0.86 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 2.35 %. Profit before tax grew annually by 49.86 % but saw an increase from the preceding quarter by 10.38 %.
Tax expenses as a percentage of profits decreased slightly by -0.59 % compared to last year, with a more notable quarter-on-quarter increase of 2.95 %. Net profit rose by 51.14 % year-on-year but experienced a 5.88 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 33.89 % but a quarterly fall of -2.43 %. In summary, Himadri Speciality Chemical 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. 1028.9 Cr | Rs. 1052.51 Cr | Rs. 1176.95 Cr | + 11.82 % | + 14.39 % |
| Expenses | Rs. 903.34 Cr | Rs. 878.61 Cr | Rs. 997.45 Cr | + 13.53 % | + 10.42 % |
| Operating Profit | Rs. 125.56 Cr | Rs. 173.9 Cr | Rs. 179.5 Cr | + 3.22 % | + 42.96 % |
| Net Profit | Rs. 76.21 Cr | Rs. 108.78 Cr | Rs. 115.18 Cr | + 5.88 % | + 51.14 % |
| EPS in Rs | Rs. 1.8 | Rs. 2.47 | Rs. 2.41 | -2.43 % | + 33.89 % |
In reviewing Himadri Speciality Chemical Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 14.39 % year-on-year growth, however, there was a minor increase of 11.82 % from the previous quarter. Expenses rose by 10.42 % compared to the previous year, with a 13.53 % increase quarter-on-quarter. Operating Profit surged by 42.96 % annually, and saw a 3.22 % increase from the last quarter.
Net Profit showed yearly increase of 51.14 %, and experienced a 5.88 % increase from the previous quarter. Earnings Per Share (EPS) rose by 33.89 % annually, however dipped by -2.43 % compared to the last quarter. In essence, while Himadri Speciality Chemical 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.
