Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 0.25 % in the past year, substantial increase in net sales/revenue by 6.03 %.
- 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 1.98 %. Marginal increase in other income during this quarter, up by 28.47%.
- Profit over the Year and quarter: Significant improvement in profitability for Hindalco Industries Ltd.. Notable increase of 31.65 % in net profit Year to Year, Hindalco Industries Ltd.’s profitability increased by 36.16 % in this quarter.
- EPS over the Year and quarter: EPS increased by 31.71 % Year to Year. EPS increased by 36.1 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 55857 Cr | Rs. 52808 Cr | Rs. 55994 Cr | + 6.03 % | + 0.25 % |
| Expenses | Rs. 50530 Cr | Rs. 46943 Cr | Rs. 49313 Cr | + 5.05 % | -2.41 % |
| Operating Profit | Rs. 5327 Cr | Rs. 5865 Cr | Rs. 6681 Cr | + 13.91 % | + 25.42 % |
| OPM % | 9.54 % | 11.11 % | 11.93 % | + 0.82 % | + 2.39 % |
| Other Income | Rs. 354 Cr | Rs. 281 Cr | Rs. 361 Cr | + 28.47 % | + 1.98 % |
| Interest | Rs. 986 Cr | Rs. 944 Cr | Rs. 888 Cr | -5.93 % | -9.94 % |
| Depreciation | Rs. 1856 Cr | Rs. 1874 Cr | Rs. 2018 Cr | + 7.68 % | + 8.73 % |
| Profit before tax | Rs. 2839 Cr | Rs. 3328 Cr | Rs. 4136 Cr | + 24.28 % | + 45.69 % |
| Tax % | 15.09 % | 29.97 % | 23.25 % | -6.72 % | + 8.16 % |
| Net Profit | Rs. 2411 Cr | Rs. 2331 Cr | Rs. 3174 Cr | + 36.16 % | + 31.65 % |
| EPS in Rs | Rs. 10.83 | Rs. 10.49 | Rs. 14.27 | + 36.03 % | + 31.76 % |
Today, we’re looking at Hindalco Industries 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 0.25 %. However, it did see a marginal increase of 6.03 % from the previous quarter. Expenses ticked up slightly by 5.05 % quarter-on-quarter, aligning with the annual decline of -2.41 %. Operating profit, while up 25.42 % compared to last year, faced a quarter-on-quarter increase of 13.91 %, 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 2.39 %, but an expansion of 0.82 % sequentially. Other income rose by 28.47 % compared to the last quarter, despite an annual growth of 1.98 %. Interest expenses dropped significantly by -5.93 % from the previous quarter, yet the year-over-year decrease remains at a moderate -9.94 %. Depreciation costs climbed by 7.68 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 8.73 %. Profit before tax grew annually by 45.69 % but saw an increase from the preceding quarter by 24.28 %.
Tax expenses as a percentage of profits increased slightly by 8.16 % compared to last year, with a more notable quarter-on-quarter decrease of -6.72 %. Net profit rose by 31.65 % year-on-year but experienced a 36.16 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 31.76 % but a quarterly rise of 36.03 %. In summary, Hindalco Industries 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. 55857 Cr | Rs. 52808 Cr | Rs. 55994 Cr | + 6.03 % | + 0.25 % |
| Expenses | Rs. 50530 Cr | Rs. 46943 Cr | Rs. 49313 Cr | + 5.05 % | -2.41 % |
| Operating Profit | Rs. 5327 Cr | Rs. 5865 Cr | Rs. 6681 Cr | + 13.91 % | + 25.42 % |
| Net Profit | Rs. 2411 Cr | Rs. 2331 Cr | Rs. 3174 Cr | + 36.16 % | + 31.65 % |
| EPS in Rs | Rs. 10.83 | Rs. 10.49 | Rs. 14.27 | + 36.03 % | + 31.76 % |
In reviewing Hindalco Industries Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 0.25 % year-on-year growth, however, there was a minor increase of 6.03 % from the previous quarter. Expenses decreased by -2.41 % compared to the previous year, with a 5.05 % increase quarter-on-quarter. Operating Profit surged by 25.42 % annually, and saw a 13.91 % increase from the last quarter.
Net Profit showed yearly increase of 31.65 %, and experienced a 36.16 % increase from the previous quarter. Earnings Per Share (EPS) rose by 31.76 % annually, however rose by 36.03 % compared to the last quarter. In essence, while Hindalco Industries 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.
