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Highlights
- Sales over the Year and quarter: The company’s sales declined by -7.75 % over the year, decrease in net sales/revenue by -5.68 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -99.12 %, Marginal increase in other income during this quarter, up by 44.44%.
- Profit over the Year and quarter: Challenges in sustaining profitability for HIMALAYA FOOD INTERNATIONAL LIMITED. Profit dropped by -106.02 % Year to Year, HIMALAYA FOOD INTERNATIONAL LIMITED’s profitability increased by 30.51 % in this quarter.
- EPS over the Year and quarter: EPS declined by -106.11 % Year to Year. EPS increased by 32 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 13.26 Cr | Rs. 12.97 Cr | Rs. 12.233 Cr | -5.68 % | -7.75 % |
Expenses | Rs. 72.9 Cr | Rs. 9.91 Cr | Rs. 9.44 Cr | -4.74 % | -87.05 % |
Operating Profit | Rs. -59.64 Cr | Rs. 3.06 Cr | Rs. 2.79 Cr | -8.82 % | + 104.68 % |
OPM % | -449.77 % | 23.59 % | 22.81 % | -0.78 % | + 472.58 % |
Other Income | Rs. 29.68 Cr | Rs. 0.18 Cr | Rs. 0.26 Cr | + 44.44 % | -99.12 % |
Interest | Rs. 0.06 Cr | Rs. 0.12 Cr | Rs. 0.53 Cr | + 341.67 % | + 783.33 % |
Depreciation | Rs. 1.77 Cr | Rs. 1.68 Cr | Rs. 1.3 Cr | -22.62 % | -26.55 % |
Profit before tax | Rs. -31.79 Cr | Rs. 1.44 Cr | Rs. 1.22 Cr | -15.28 % | + 103.84 % |
Tax % | -1.6 % | 0 % | 53.13 % | + 53.13 % | + 54.73 % |
Net Profit | Rs. -31.28 Cr | Rs. 1.44 Cr | Rs. 1.88 Cr | + 30.56 % | + 106.01 % |
EPS in Rs | Rs. -5.4 | Rs. 0.25 | Rs. 0.33 | + 32 % | + 106.11 % |
Today, we’re looking at HIMALAYA FOOD INTERNATIONAL LIMITED’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -7.75 %. However, it did see a marginal slip of -5.68 % from the previous quarter. Expenses decreased slightly by -4.74 % quarter-on-quarter, aligning with the annual decline of -87.05 %. Operating profit, while up 104.68 % compared to last year, faced a quarter-on-quarter dip of -8.82 %, 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 472.58 %, but a shrinkage of -0.78 % sequentially. Other income rose by 44.44 % compared to the last quarter, despite an annual decline of -99.12 %. Interest expenses surged remarkably by 341.67 % from the previous quarter, yet the year-over-year increase remains at a moderate 783.33 %. Depreciation costs fell by -22.62 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -26.55 %. Profit before tax grew annually by 103.84 % but saw a reduction from the preceding quarter by -15.28 %.
Tax expenses as a percentage of profits increased slightly by 54.73 % compared to last year, with a more notable quarter-on-quarter increase of 53.13 %. Net profit rose by 106.01 % year-on-year but experienced a 30.56 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 106.11 % but a quarterly rise of 32 %. In summary, HIMALAYA FOOD INTERNATIONAL 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. 13.26 Cr | Rs. 12.97 Cr | Rs. 12.233 Cr | -5.68 % | -7.75 % |
Expenses | Rs. 72.9 Cr | Rs. 9.91 Cr | Rs. 9.44 Cr | -4.74 % | -87.05 % |
Operating Profit | Rs. -59.64 Cr | Rs. 3.06 Cr | Rs. 2.79 Cr | -8.82 % | + 104.68 % |
Net Profit | Rs. -31.28 Cr | Rs. 1.44 Cr | Rs. 1.88 Cr | + 30.56 % | + 106.01 % |
EPS in Rs | Rs. -5.4 | Rs. 0.25 | Rs. 0.33 | + 32 % | + 106.11 % |
In reviewing HIMALAYA FOOD INTERNATIONAL LIMITED’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -7.75 % year-on-year, although there was a slight dip of -5.68 % from the previous quarter. Expenses decreased by -87.05 % compared to the previous year, with a decrease of -4.74 % quarter-on-quarter. Operating Profit surged by 104.68 % annually, and saw a -8.82 % decrease from the last quarter.
Net Profit showed yearly increase of 106.01 %, and experienced a 30.56 % increase from the previous quarter. Earnings Per Share (EPS) rose by 106.11 % annually, however rose by 32 % compared to the last quarter. In essence, while HIMALAYA FOOD INTERNATIONAL LIMITED 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.