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Highlights
- The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company’s sales declined by -59.19 % over the year, decrease in net sales/revenue by -67.54 %.
- 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 25.7 %. Marginal decrease of -30.24% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Hindustan Organic Chemicals Ltd.,. Notable increase of 53.24 % in net profit Year to Year, Hindustan Organic Chemicals Ltd.,’s profitability increased by 200.73 % in this quarter.
- EPS over the Year and quarter: EPS increased by 53.64 % Year to Year. EPS increased by 201.14 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 145.458 Cr | Rs. 182.875 Cr | Rs. 59.364 Cr | -67.54 % | -59.19 % |
| Expenses | Rs. 154.7 Cr | Rs. 183.43 Cr | Rs. 82.88 Cr | -54.82 % | -46.43 % |
| Operating Profit | Rs. -9.24 Cr | Rs. -0.56 Cr | Rs. -23.52 Cr | -4100 % | -154.55 % |
| OPM % | -6.35 % | -0.31 % | -39.62 % | -39.31 % | -33.27 % |
| Other Income | Rs. 3.487 Cr | Rs. 6.283 Cr | Rs. 4.383 Cr | -30.24 % | + 25.7 % |
| Interest | Rs. 16.97 Cr | Rs. 17.48 Cr | Rs. 16.05 Cr | -8.18 % | -5.42 % |
| Depreciation | Rs. 0.31 Cr | Rs. 0.39 Cr | Rs. 0.38 Cr | -2.56 % | + 22.58 % |
| Profit before tax | Rs. -23.03 Cr | Rs. -12.15 Cr | Rs. -35.57 Cr | -192.76 % | -54.45 % |
| Tax % | -0 % | -0 % | -0 % | 0 % | 0 % |
| Net Profit | Rs. -23.04 Cr | Rs. -11.74 Cr | Rs. -35.3 Cr | -200.68 % | -53.21 % |
| EPS in Rs | Rs. -3.43 | Rs. -1.75 | Rs. -5.27 | -201.14 % | -53.64 % |
Today, we’re looking at Hindustan Organic Chemicals Ltd.,’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -59.19 %. However, it did see a marginal slip of -67.54 % from the previous quarter. Expenses decreased slightly by -54.82 % quarter-on-quarter, aligning with the annual decline of -46.43 %. Operating profit, while down -154.55 % compared to last year, faced a quarter-on-quarter dip of -4100 %, 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 -33.27 %, but a shrinkage of -39.31 % sequentially. Other income fell by -30.24 % compared to the last quarter, despite an annual growth of 25.7 %. Interest expenses dropped significantly by -8.18 % from the previous quarter, yet the year-over-year decrease remains at a moderate -5.42 %. Depreciation costs fell by -2.56 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 22.58 %. Profit before tax declined annually by -54.45 % but saw a reduction from the preceding quarter by -192.76 %.
Net profit fell by -53.21 % year-on-year but witnessed a -200.68 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -53.64 % but a quarterly fall of -201.14 %. In summary, Hindustan Organic Chemicals 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. 145.458 Cr | Rs. 182.875 Cr | Rs. 59.364 Cr | -67.54 % | -59.19 % |
| Expenses | Rs. 154.7 Cr | Rs. 183.43 Cr | Rs. 82.88 Cr | -54.82 % | -46.43 % |
| Operating Profit | Rs. -9.24 Cr | Rs. -0.56 Cr | Rs. -23.52 Cr | -4100 % | -154.55 % |
| Net Profit | Rs. -23.04 Cr | Rs. -11.74 Cr | Rs. -35.3 Cr | -200.68 % | -53.21 % |
| EPS in Rs | Rs. -3.43 | Rs. -1.75 | Rs. -5.27 | -201.14 % | -53.64 % |
In reviewing Hindustan Organic Chemicals Ltd.,’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -59.19 % year-on-year, although there was a slight dip of -67.54 % from the previous quarter. Expenses decreased by -46.43 % compared to the previous year, with a decrease of -54.82 % quarter-on-quarter. Operating Profit dropped by -154.55 % annually, and saw a -4100 % decrease from the last quarter.
Net Profit showed yearly decrease of -53.21 %, and experienced a -200.68 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -53.64 % annually, however dipped by -201.14 % compared to the last quarter. In essence, while Hindustan Organic Chemicals Ltd., faces strong annual decline indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.
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