Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 8.29 % in the past year, decrease in net sales/revenue by -10.47 %.
- 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 289.24 %. Marginal increase in other income during this quarter, up by 547.37%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Hindustan Tin Works Ltd.. Profit dropped by -24.48 % Year to Year, Hindustan Tin Works Ltd.’s profitability dropped by -43.19 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -423.66 % Year to Year. EPS decreased by -41.78 % 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. 81.054 Cr | Rs. 98.039 Cr | Rs. 87.771 Cr | -10.47 % | + 8.29 % |
Expenses | Rs. 75.96 Cr | Rs. 88.1 Cr | Rs. 87.63 Cr | -0.53 % | + 15.36 % |
Operating Profit | Rs. 5.09 Cr | Rs. 9.94 Cr | Rs. 0.14 Cr | -98.59 % | -97.25 % |
OPM % | 6.28 % | 10.14 % | 0.16 % | -9.98 % | -6.12 % |
Other Income | Rs. 1.58 Cr | Rs. 0.95 Cr | Rs. 6.15 Cr | + 547.37 % | + 289.24 % |
Interest | Rs. 1.45 Cr | Rs. 1.64 Cr | Rs. 2.2 Cr | + 34.15 % | + 51.72 % |
Depreciation | Rs. 2.09 Cr | Rs. 2.1 Cr | Rs. 2.16 Cr | + 2.86 % | + 3.35 % |
Profit before tax | Rs. 3.13 Cr | Rs. 7.15 Cr | Rs. 1.93 Cr | -73.01 % | -38.34 % |
Tax % | 27.47 % | 25.6 % | 56.36 % | + 30.76 % | + 28.89 % |
Net Profit | Rs. 4 Cr | Rs. 5.32 Cr | Rs. 3.02 Cr | -43.23 % | -24.5 % |
EPS in Rs | Rs. 0.93 | Rs. 5.17 | Rs. 3.01 | -41.78 % | + 223.66 % |
Today, we’re looking at Hindustan Tin Works 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 8.29 %. However, it did see a marginal slip of -10.47 % from the previous quarter. Expenses decreased slightly by -0.53 % quarter-on-quarter, aligning with the annual rise of 15.36 %. Operating profit, while down -97.25 % compared to last year, faced a quarter-on-quarter dip of -98.59 %, 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 -6.12 %, but a shrinkage of -9.98 % sequentially. Other income rose by 547.37 % compared to the last quarter, despite an annual growth of 289.24 %. Interest expenses surged remarkably by 34.15 % from the previous quarter, yet the year-over-year increase remains at a moderate 51.72 %. Depreciation costs climbed by 2.86 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 3.35 %. Profit before tax declined annually by -38.34 % but saw a reduction from the preceding quarter by -73.01 %.
Tax expenses as a percentage of profits increased slightly by 28.89 % compared to last year, with a more notable quarter-on-quarter increase of 30.76 %. Net profit fell by -24.5 % year-on-year but witnessed a -43.23 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 223.66 % but a quarterly fall of -41.78 %. In summary, Hindustan Tin Works 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. 81.054 Cr | Rs. 98.039 Cr | Rs. 87.771 Cr | -10.47 % | + 8.29 % |
Expenses | Rs. 75.96 Cr | Rs. 88.1 Cr | Rs. 87.63 Cr | -0.53 % | + 15.36 % |
Operating Profit | Rs. 5.09 Cr | Rs. 9.94 Cr | Rs. 0.14 Cr | -98.59 % | -97.25 % |
Net Profit | Rs. 4 Cr | Rs. 5.32 Cr | Rs. 3.02 Cr | -43.23 % | -24.5 % |
EPS in Rs | Rs. 0.93 | Rs. 5.17 | Rs. 3.01 | -41.78 % | + 223.66 % |
In reviewing Hindustan Tin Works Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 8.29 % year-on-year growth, although there was a slight dip of -10.47 % from the previous quarter. Expenses rose by 15.36 % compared to the previous year, with a decrease of -0.53 % quarter-on-quarter. Operating Profit dropped by -97.25 % annually, and saw a -98.59 % decrease from the last quarter.
Net Profit showed yearly decrease of -24.5 %, and experienced a -43.23 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 223.66 % annually, however dipped by -41.78 % compared to the last quarter. In essence, while Hindustan Tin Works 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.