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Hindustan Zinc Ltd.,’s Quarterly Result and Earnings Report for Q4(Mar 2024) : Key Metrics and Growth Analysis

April 25, 2024April 25, 2024| adminadmin| 0 Comments| 6:25 am
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Highlights

  • Sales over the Year and quarter: The company’s sales declined by -8.84% over the yearSubstantial increase in net sales/revenue by 3.27%.
  • Income over the Year and quarter: There has been decline in other income over the past year which is -53.09% Marginal decrease of -7.77% in other income during this quarter
  • Profit over the Year and quarter: Challenges in sustaining profitability for Hindustan Zinc Ltd.,. Profit dropped by -21.10% Year to YearHindustan Zinc Ltd.,’s profitability increased by 0.49% in this quarter.
  • EPS over the Year and quarter: EPS declined by -21.11% Year to Year.EPS increased by 0.42%. Positive impact on shareholders.
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The comprehensive analytics outlining the performance and outlook of Hindustan Zinc Ltd.,”s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 8281 Cr Rs. 7310 Cr Rs. 7549 Cr + 3.27% -8.84%
Expenses Rs. 4254 Cr Rs. 3789 Cr Rs. 3900 Cr + 2.93% -8.32%
Operating Profit Rs. 4027 Cr Rs. 3521 Cr Rs. 3649 Cr + 3.64% -9.39%
OPM % 48.63 % 48.17 % 48.34 % + 0.17% -0.29%
Other Income Rs. 582 Cr Rs. 296 Cr Rs. 273 Cr -7.77% -53.09%
Interest Rs. 176 Cr Rs. 243 Cr Rs. 262 Cr + 7.82% + 48.86%
Depreciation Rs. 928 Cr Rs. 905 Cr Rs. 937 Cr + 3.54% + 0.97%
Profit before tax Rs. 3505 Cr Rs. 2669 Cr Rs. 2723 Cr + 2.02% -22.31%
Tax % 26.31 % 24.02 % 25.16 % + 1.14% -1.15%
Net Profit Rs. 2583 Cr Rs. 2028 Cr Rs. 2038 Cr + 0.49% -21.1%
EPS in Rs Rs. 6.11 Rs. 4.8 Rs. 4.82 + 0.42% -21.11%


Today, we’re looking at Hindustan Zinc 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 -8.84%. However, it did see a marginal increase of 3.27% from the previous quarter.Expenses ticked up slightly by 2.93% quarter-on-quarter, aligning with the annual decline of -8.32%. Operating profit, while down -9.39% compared to last year,faced a quarter-on-quarter increase of 3.64%, 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 -0.29%, but an expansion of 0.17% sequentially. Other income fell by -7.77% compared to the last quarter, despite an annual decline of -53.09%. Interest expenses surged remarkably by 7.82% from the previous quarter, yet the year-over-year increase remains at a moderate 48.86%. Depreciation costs climbed by 3.54% quarter-on-quarter, whereas on an annual scale, they saw an increase of 0.97%. Profit before tax declined annually by -22.31%but saw an increase from the preceding quarter by 2.02%.
Tax expenses as a percentage of profits decreased slightly by -1.15% compared to last year, with a more notable quarter-on-quarter increase of 1.14%. Net profit fell by -21.1% year-on-yearbut experienced a 0.49% expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -21.11% but a quarterly rise of 0.42%. In summary, Hindustan Zinc 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. 8281 Cr Rs. 7310 Cr Rs. 7549 Cr + 3.27% -8.84%
Expenses Rs. 4254 Cr Rs. 3789 Cr Rs. 3900 Cr + 2.93% -8.32%
Operating Profit Rs. 4027 Cr Rs. 3521 Cr Rs. 3649 Cr + 3.64% -9.39%
Net Profit Rs. 2583 Cr Rs. 2028 Cr Rs. 2038 Cr + 0.49% -21.1%
EPS in Rs Rs. 6.11 Rs. 4.8 Rs. 4.82 + 0.42% -21.11%


In reviewing Hindustan Zinc Ltd.,’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -8.84% year-on-year, however, there was a minor increase of 3.27% from the previous quarter. Expenses decreased by -8.32% compared to the previous year, with a 2.93% increase quarter-on-quarter. Operating Profit dropped by -9.39% annually, and saw a 3.64% increase from the last quarter.
Net Profit showed yearly decrease of -21.1%, and experienced a 0.49% increase from the previous quarter. Earnings Per Share (EPS) fell by -21.11% annually, however rose by 0.42% compared to the last quarter. In essence, while Hindustan Zinc Ltd., 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.

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