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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 3.14 % in the past year, substantial increase in net sales/revenue by 7.13 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -69.23 %, Marginal decrease of -73.33% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for HINDUSTAN HARDY LIMITED. Profit dropped by -18.68 % Year to Year, HINDUSTAN HARDY LIMITED’s profitability increased by 9.04 % in this quarter.
- EPS over the Year and quarter: EPS declined by -18.75 % Year to Year. EPS increased by 9.03 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 17.504 Cr | Rs. 16.851 Cr | Rs. 18.053 Cr | + 7.13 % | + 3.14 % |
| Expenses | Rs. 15.18 Cr | Rs. 15.14 Cr | Rs. 16.02 Cr | + 5.81 % | + 5.53 % |
| Operating Profit | Rs. 2.32 Cr | Rs. 1.71 Cr | Rs. 2.03 Cr | + 18.71 % | -12.5 % |
| OPM % | 13.25 % | 10.15 % | 11.24 % | + 1.09 % | -2.01 % |
| Other Income | Rs. 0.13 Cr | Rs. 0.15 Cr | Rs. 0.04 Cr | -73.33 % | -69.23 % |
| Interest | Rs. 0.1 Cr | Rs. 0.05 Cr | Rs. 0.08 Cr | + 60 % | -20 % |
| Depreciation | Rs. 0.23 Cr | Rs. 0.26 Cr | Rs. 0.25 Cr | -3.85 % | + 8.7 % |
| Profit before tax | Rs. 2.12 Cr | Rs. 1.55 Cr | Rs. 1.74 Cr | + 12.26 % | -17.92 % |
| Tax % | 26.58 % | 25.34 % | 27.64 % | + 2.3 % | + 1.06 % |
| Net Profit | Rs. 1.56 Cr | Rs. 1.16 Cr | Rs. 1.27 Cr | + 9.48 % | -18.59 % |
| EPS in Rs | Rs. 10.4 | Rs. 7.75 | Rs. 8.45 | + 9.03 % | -18.75 % |
Today, we’re looking at HINDUSTAN HARDY LIMITED’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 3.14 %. However, it did see a marginal increase of 7.13 % from the previous quarter. Expenses ticked up slightly by 5.81 % quarter-on-quarter, aligning with the annual rise of 5.53 %. Operating profit, while down -12.5 % compared to last year, faced a quarter-on-quarter increase of 18.71 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -2.01 %, but an expansion of 1.09 % sequentially. Other income fell by -73.33 % compared to the last quarter, despite an annual decline of -69.23 %. Interest expenses surged remarkably by 60 % from the previous quarter, yet the year-over-year decrease remains at a moderate -20 %. Depreciation costs fell by -3.85 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 8.7 %. Profit before tax declined annually by -17.92 % but saw an increase from the preceding quarter by 12.26 %.
Tax expenses as a percentage of profits increased slightly by 1.06 % compared to last year, with a more notable quarter-on-quarter increase of 2.3 %. Net profit fell by -18.59 % year-on-year but experienced a 9.48 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -18.75 % but a quarterly rise of 9.03 %. In summary, HINDUSTAN HARDY 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. 17.504 Cr | Rs. 16.851 Cr | Rs. 18.053 Cr | + 7.13 % | + 3.14 % |
| Expenses | Rs. 15.18 Cr | Rs. 15.14 Cr | Rs. 16.02 Cr | + 5.81 % | + 5.53 % |
| Operating Profit | Rs. 2.32 Cr | Rs. 1.71 Cr | Rs. 2.03 Cr | + 18.71 % | -12.5 % |
| Net Profit | Rs. 1.56 Cr | Rs. 1.16 Cr | Rs. 1.27 Cr | + 9.48 % | -18.59 % |
| EPS in Rs | Rs. 10.4 | Rs. 7.75 | Rs. 8.45 | + 9.03 % | -18.75 % |
In reviewing HINDUSTAN HARDY LIMITED’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 3.14 % year-on-year growth, however, there was a minor increase of 7.13 % from the previous quarter. Expenses rose by 5.53 % compared to the previous year, with a 5.81 % increase quarter-on-quarter. Operating Profit dropped by -12.5 % annually, and saw a 18.71 % increase from the last quarter.
Net Profit showed yearly decrease of -18.59 %, and experienced a 9.48 % increase from the previous quarter. Earnings Per Share (EPS) fell by -18.75 % annually, however rose by 9.03 % compared to the last quarter. In essence, while HINDUSTAN HARDY LIMITED faces strong annual decline 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.
