Highlights
- Sales over the Year and quarter: The company’s sales declined by -42.69 % over the year, substantial increase in net sales/revenue by 20.26 %.
- 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 282.84 %. Marginal increase in other income during this quarter, up by 3746.05%.
- Profit over the Year and quarter: Significant improvement in profitability for Hindustan Construction Co. Ltd.,. Notable increase of 29.6 % in net profit Year to Year, Hindustan Construction Co. Ltd.,’s profitability increased by 34.9 % in this quarter.
- EPS over the Year and quarter: EPS increased by 29.37 % Year to Year. EPS increased by 34.71 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 3094.09 Cr | Rs. 1474.47 Cr | Rs. 1773.13 Cr | + 20.26 % | -42.69 % |
| Expenses | Rs. 2779.17 Cr | Rs. 1235.75 Cr | Rs. 1890.64 Cr | + 53 % | -31.97 % |
| Operating Profit | Rs. 314.92 Cr | Rs. 238.72 Cr | Rs. -117.51 Cr | -149.23 % | -137.31 % |
| OPM % | 10.18 % | 16.19 % | -6.63 % | -22.82 % | -16.81 % |
| Other Income | Rs. 15.27 Cr | Rs. 1.52 Cr | Rs. 58.46 Cr | + 3746.05 % | + 282.84 % |
| Interest | Rs. 265.99 Cr | Rs. 146.25 Cr | Rs. 164.78 Cr | + 12.67 % | -38.05 % |
| Depreciation | Rs. 32.35 Cr | Rs. 30.43 Cr | Rs. 17.91 Cr | -41.14 % | -44.64 % |
| Profit before tax | Rs. 31.85 Cr | Rs. 63.56 Cr | Rs. -241.74 Cr | -480.33 % | -859 % |
| Tax % | 1.35 % | 26.59 % | 41.85 % | + 15.26 % | + 40.5 % |
| Net Profit | Rs. 189.76 Cr | Rs. 182.3 Cr | Rs. 245.93 Cr | + 34.9 % | + 29.6 % |
| EPS in Rs | Rs. 1.26 | Rs. 1.21 | Rs. 1.63 | + 34.71 % | + 29.37 % |
Today, we’re looking at Hindustan Construction Co. 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 -42.69 %. However, it did see a marginal increase of 20.26 % from the previous quarter. Expenses ticked up slightly by 53 % quarter-on-quarter, aligning with the annual decline of -31.97 %. Operating profit, while down -137.31 % compared to last year, faced a quarter-on-quarter dip of -149.23 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -16.81 %, but a shrinkage of -22.82 % sequentially. Other income rose by 3746.05 % compared to the last quarter, despite an annual growth of 282.84 %. Interest expenses surged remarkably by 12.67 % from the previous quarter, yet the year-over-year decrease remains at a moderate -38.05 %. Depreciation costs fell by -41.14 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -44.64 %. Profit before tax declined annually by -859 % but saw a reduction from the preceding quarter by -480.33 %.
Tax expenses as a percentage of profits increased slightly by 40.5 % compared to last year, with a more notable quarter-on-quarter increase of 15.26 %. Net profit rose by 29.6 % year-on-year but experienced a 34.9 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 29.37 % but a quarterly rise of 34.71 %. In summary, Hindustan Construction Co. 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. 3094.09 Cr | Rs. 1474.47 Cr | Rs. 1773.13 Cr | + 20.26 % | -42.69 % |
| Expenses | Rs. 2779.17 Cr | Rs. 1235.75 Cr | Rs. 1890.64 Cr | + 53 % | -31.97 % |
| Operating Profit | Rs. 314.92 Cr | Rs. 238.72 Cr | Rs. -117.51 Cr | -149.23 % | -137.31 % |
| Net Profit | Rs. 189.76 Cr | Rs. 182.3 Cr | Rs. 245.93 Cr | + 34.9 % | + 29.6 % |
| EPS in Rs | Rs. 1.26 | Rs. 1.21 | Rs. 1.63 | + 34.71 % | + 29.37 % |
In reviewing Hindustan Construction Co. Ltd.,’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -42.69 % year-on-year, however, there was a minor increase of 20.26 % from the previous quarter. Expenses decreased by -31.97 % compared to the previous year, with a 53 % increase quarter-on-quarter. Operating Profit dropped by -137.31 % annually, and saw a -149.23 % decrease from the last quarter.
Net Profit showed yearly increase of 29.6 %, and experienced a 34.9 % increase from the previous quarter. Earnings Per Share (EPS) rose by 29.37 % annually, however rose by 34.71 % compared to the last quarter. In essence, while Hindustan Construction Co. 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.
