Share the post "Hindoostan Mills : Q4 2024 Financial Quarterly Report : YoY Sales Down 25.99 %, QoQ Up 4.24 %"
Highlights
- Sales over the Year and quarter: The company’s sales declined by -25.99 % over the year, substantial increase in net sales/revenue by 4.24 %.
- 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 31.75 %. Marginal decrease of -10.27% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Hindoostan Mills Ltd.. Profit dropped by -404 % Year to Year, Hindoostan Mills Ltd.’s profitability dropped by -22.65 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -404.44 % Year to Year. EPS decreased by -22.71 % 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. 30.617 Cr | Rs. 21.739 Cr | Rs. 22.66 Cr | + 4.24 % | -25.99 % |
| Expenses | Rs. 31.12 Cr | Rs. 21.84 Cr | Rs. 22.73 Cr | + 4.08 % | -26.96 % |
| Operating Profit | Rs. -0.5 Cr | Rs. -0.1 Cr | Rs. -0.07 Cr | + 30 % | + 86 % |
| OPM % | -1.63 % | -0.46 % | -0.31 % | + 0.15 % | + 1.32 % |
| Other Income | Rs. 1.26 Cr | Rs. 1.85 Cr | Rs. 1.66 Cr | -10.27 % | + 31.75 % |
| Interest | Rs. 0.1 Cr | Rs. 0.1 Cr | Rs. 0 Cr | 0 % | 0 % |
| Depreciation | Rs. 0.96 Cr | Rs. 0.47 Cr | Rs. 0.68 Cr | + 44.68 % | -29.17 % |
| Profit before tax | Rs. -0.3 Cr | Rs. 1.18 Cr | Rs. 0.91 Cr | -22.88 % | + 403.33 % |
| Tax % | -0 % | 0 % | 0 % | 0 % | 0 % |
| Net Profit | Rs. -0.3 Cr | Rs. 1.18 Cr | Rs. 0.91 Cr | -22.88 % | + 403.33 % |
| EPS in Rs | Rs. -1.8 | Rs. 7.09 | Rs. 5.48 | -22.71 % | + 404.44 % |
Today, we’re looking at Hindoostan Mills Ltd.’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -25.99 %. However, it did see a marginal increase of 4.24 % from the previous quarter. Expenses ticked up slightly by 4.08 % quarter-on-quarter, aligning with the annual decline of -26.96 %. Operating profit, while up 86 % compared to last year, faced a quarter-on-quarter increase of 30 %, 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 1.32 %, but an expansion of 0.15 % sequentially. Other income fell by -10.27 % compared to the last quarter, despite an annual growth of 31.75 %. Depreciation costs climbed by 44.68 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -29.17 %. Profit before tax grew annually by 403.33 % but saw a reduction from the preceding quarter by -22.88 %.
Net profit rose by 403.33 % year-on-year but witnessed a -22.88 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 404.44 % but a quarterly fall of -22.71 %. In summary, Hindoostan Mills 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. 30.617 Cr | Rs. 21.739 Cr | Rs. 22.66 Cr | + 4.24 % | -25.99 % |
| Expenses | Rs. 31.12 Cr | Rs. 21.84 Cr | Rs. 22.73 Cr | + 4.08 % | -26.96 % |
| Operating Profit | Rs. -0.5 Cr | Rs. -0.1 Cr | Rs. -0.07 Cr | + 30 % | + 86 % |
| Net Profit | Rs. -0.3 Cr | Rs. 1.18 Cr | Rs. 0.91 Cr | -22.88 % | + 403.33 % |
| EPS in Rs | Rs. -1.8 | Rs. 7.09 | Rs. 5.48 | -22.71 % | + 404.44 % |
In reviewing Hindoostan Mills Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -25.99 % year-on-year, however, there was a minor increase of 4.24 % from the previous quarter. Expenses decreased by -26.96 % compared to the previous year, with a 4.08 % increase quarter-on-quarter. Operating Profit surged by 86 % annually, and saw a 30 % increase from the last quarter.
Net Profit showed yearly increase of 403.33 %, and experienced a -22.88 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 404.44 % annually, however dipped by -22.71 % compared to the last quarter. In essence, while Hindoostan Mills 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.
