Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 1 % in the past year, substantial increase in net sales/revenue by 41.59 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -62.43 %, Marginal increase in other income during this quarter, up by 95.28%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Hindustan Copper Ltd.. Profit dropped by -6 % Year to Year, Hindustan Copper Ltd.’s profitability increased by 97.35 % in this quarter.
- EPS over the Year and quarter: EPS declined by -5.84 % Year to Year. EPS increased by 98.46 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 559.76 Cr | Rs. 399.29 Cr | Rs. 565.37 Cr | + 41.59 % | + 1 % |
| Expenses | Rs. 373.74 Cr | Rs. 292.69 Cr | Rs. 339.24 Cr | + 15.9 % | -9.23 % |
| Operating Profit | Rs. 186.02 Cr | Rs. 106.6 Cr | Rs. 226.13 Cr | + 112.13 % | + 21.56 % |
| OPM % | 33.23 % | 26.7 % | 40 % | + 13.3 % | + 6.77 % |
| Other Income | Rs. 51.71 Cr | Rs. 9.95 Cr | Rs. 19.43 Cr | + 95.28 % | -62.43 % |
| Interest | Rs. 3.19 Cr | Rs. 4.46 Cr | Rs. 3.61 Cr | -19.06 % | + 13.17 % |
| Depreciation | Rs. 60.51 Cr | Rs. 29.91 Cr | Rs. 58.64 Cr | + 96.05 % | -3.09 % |
| Profit before tax | Rs. 174.03 Cr | Rs. 82.18 Cr | Rs. 183.31 Cr | + 123.06 % | + 5.33 % |
| Tax % | 24.01 % | 23.34 % | 32.1 % | + 8.76 % | + 8.09 % |
| Net Profit | Rs. 132.27 Cr | Rs. 63 Cr | Rs. 124.33 Cr | + 97.35 % | -6 % |
| EPS in Rs | Rs. 1.37 | Rs. 0.65 | Rs. 1.29 | + 98.46 % | -5.84 % |
Today, we’re looking at Hindustan Copper 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 1 %. However, it did see a marginal increase of 41.59 % from the previous quarter. Expenses ticked up slightly by 15.9 % quarter-on-quarter, aligning with the annual decline of -9.23 %. Operating profit, while up 21.56 % compared to last year, faced a quarter-on-quarter increase of 112.13 %, 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 6.77 %, but an expansion of 13.3 % sequentially. Other income rose by 95.28 % compared to the last quarter, despite an annual decline of -62.43 %. Interest expenses dropped significantly by -19.06 % from the previous quarter, yet the year-over-year increase remains at a moderate 13.17 %. Depreciation costs climbed by 96.05 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -3.09 %. Profit before tax grew annually by 5.33 % but saw an increase from the preceding quarter by 123.06 %.
Tax expenses as a percentage of profits increased slightly by 8.09 % compared to last year, with a more notable quarter-on-quarter increase of 8.76 %. Net profit fell by -6 % year-on-year but experienced a 97.35 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -5.84 % but a quarterly rise of 98.46 %. In summary, Hindustan Copper 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. 559.76 Cr | Rs. 399.29 Cr | Rs. 565.37 Cr | + 41.59 % | + 1 % |
| Expenses | Rs. 373.74 Cr | Rs. 292.69 Cr | Rs. 339.24 Cr | + 15.9 % | -9.23 % |
| Operating Profit | Rs. 186.02 Cr | Rs. 106.6 Cr | Rs. 226.13 Cr | + 112.13 % | + 21.56 % |
| Net Profit | Rs. 132.27 Cr | Rs. 63 Cr | Rs. 124.33 Cr | + 97.35 % | -6 % |
| EPS in Rs | Rs. 1.37 | Rs. 0.65 | Rs. 1.29 | + 98.46 % | -5.84 % |
In reviewing Hindustan Copper Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 1 % year-on-year growth, however, there was a minor increase of 41.59 % from the previous quarter. Expenses decreased by -9.23 % compared to the previous year, with a 15.9 % increase quarter-on-quarter. Operating Profit surged by 21.56 % annually, and saw a 112.13 % increase from the last quarter.
Net Profit showed yearly decrease of -6 %, and experienced a 97.35 % increase from the previous quarter. Earnings Per Share (EPS) fell by -5.84 % annually, however rose by 98.46 % compared to the last quarter. In essence, while Hindustan Copper 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.
