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Share the post "Hindware Home Innovation ‘s Q3 2024-25 Latest News: Revenue Decreases by 14.24% Year-on-Year"
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 -14.24 % over the year, decrease in net sales/revenue by -5.65 %. 🔹 Income over the Year and quarter: There has been decline in other income over the past year which is -24.27 %, Marginal decrease of -17.55% in other income during this quarter. 🔹 Profit over the Year and quarter: Challenges in sustaining profitability for Hindware Home Innovation Limited. Profit dropped by -491.39 % Year to Year, Hindware Home Innovation Limited’s profitability increased by 14.02 % in this quarter. 🔹 EPS over the Year and quarter: EPS declined by -461.90 % Year to Year. EPS increased by 5.56 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 692.93 Cr | Rs. 629.83 Cr | Rs. 594.23 Cr | -5.65 % | -14.24 % |
| Expenses | Rs. 643.89 Cr | Rs. 603.61 Cr | Rs. 569.88 Cr | -5.59 % | -11.49 % |
| Operating Profit | Rs. 49.04 Cr | Rs. 26.22 Cr | Rs. 24.35 Cr | -7.13 % | -50.35 % |
| OPM % | 7.08 % | 4.16 % | 4.1 % | -0.06 % | -2.98 % |
| Other Income | Rs. 10.67 Cr | Rs. 9.8 Cr | Rs. 8.08 Cr | -17.55 % | -24.27 % |
| Interest | Rs. 23.53 Cr | Rs. 23.55 Cr | Rs. 22.56 Cr | -4.2 % | -4.12 % |
| Depreciation | Rs. 31.34 Cr | Rs. 30.89 Cr | Rs. 30.55 Cr | -1.1 % | -2.52 % |
| Profit before tax | Rs. 4.84 Cr | Rs. -18.42 Cr | Rs. -20.68 Cr | -12.27 % | -527.27 % |
| Tax % | 4.82 % | -26.05 % | -23.94 % | + 2.11 % | -28.76 % |
| Net Profit | Rs. 4.53 Cr | Rs. -15.55 Cr | Rs. -17.73 Cr | -14.02 % | -491.39 % |
| EPS in Rs | Rs. 0.63 | Rs. -2.16 | Rs. -2.28 | -5.56 % | -461.9 % |
Today, we’re looking at Hindware Home Innovation Limited’s financial performance for the Q3(Dec 2024-25).Starting with the top line, the company reported a significant year-over-year sales decline of -14.24 %. However, it did see a marginal slip of -5.65 % from the previous quarter. Expenses decreased slightly by -5.59 % quarter-on-quarter, aligning with the annual decline of -11.49 %. Operating profit, while down -50.35 % compared to last year, faced a quarter-on-quarter dip of -7.13 %, 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 -2.98 %, but a shrinkage of -0.06 % sequentially. Other income fell by -17.55 % compared to the last quarter, despite an annual decline of -24.27 %. Interest expenses dropped significantly by -4.2 % from the previous quarter, yet the year-over-year decrease remains at a moderate -4.12 %. Depreciation costs fell by -1.1 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -2.52 %. Profit before tax declined annually by -527.27 % but saw a reduction from the preceding quarter by -12.27 %.
Tax expenses as a percentage of profits decreased slightly by -28.76 % compared to last year, with a more notable quarter-on-quarter increase of 2.11 %. Net profit fell by -491.39 % year-on-year but witnessed a -14.02 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -461.9 % but a quarterly fall of -5.56 %. In summary, Hindware Home Innovation 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. 692.93 Cr | Rs. 629.83 Cr | Rs. 594.23 Cr | -5.65 % | -14.24 % |
| Expenses | Rs. 643.89 Cr | Rs. 603.61 Cr | Rs. 569.88 Cr | -5.59 % | -11.49 % |
| Operating Profit | Rs. 49.04 Cr | Rs. 26.22 Cr | Rs. 24.35 Cr | -7.13 % | -50.35 % |
| Net Profit | Rs. 4.53 Cr | Rs. -15.55 Cr | Rs. -17.73 Cr | -14.02 % | -491.39 % |
| EPS in Rs | Rs. 0.63 | Rs. -2.16 | Rs. -2.28 | -5.56 % | -461.9 % |
In reviewing Hindware Home Innovation Limited’s 2024-25(Q3) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -14.24 % year-on-year, although there was a slight dip of -5.65 % from the previous quarter. Expenses decreased by -11.49 % compared to the previous year, with a decrease of -5.59 % quarter-on-quarter. Operating Profit dropped by -50.35 % annually, and saw a -7.13 % decrease from the last quarter.
Net Profit showed yearly decrease of -491.39 %, and experienced a -14.02 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -461.9 % annually, however dipped by -5.56 % compared to the last quarter. In essence, while Hindware Home Innovation Limited 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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