Share the post "Hisar Metal Industries : Q4 2024 Financial Quarterly Report : YoY Sales Up 3.79 %, QoQ Up 14.14 %"
Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 3.79 % in the past year, substantial increase in net sales/revenue by 14.14 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -63.04 %, Marginal increase in other income during this quarter, up by 1260%.
- Profit over the Year and quarter: Significant improvement in profitability for Hisar Metal Industries Ltd.. Notable increase of 1.92 % in net profit Year to Year, Hisar Metal Industries Ltd.’s profitability dropped by -30.72 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 1.55 % Year to Year. EPS decreased by -30.74 % 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. 58.55 Cr | Rs. 53.24 Cr | Rs. 60.77 Cr | + 14.14 % | + 3.79 % |
| Expenses | Rs. 55.2 Cr | Rs. 49.3 Cr | Rs. 57.67 Cr | + 16.98 % | + 4.47 % |
| Operating Profit | Rs. 3.35 Cr | Rs. 3.94 Cr | Rs. 3.1 Cr | -21.32 % | -7.46 % |
| OPM % | 5.72 % | 7.4 % | 5.1 % | -2.3 % | -0.62 % |
| Other Income | Rs. 1.84 Cr | Rs. 0.05 Cr | Rs. 0.68 Cr | + 1260 % | -63.04 % |
| Interest | Rs. 1.28 Cr | Rs. 1.38 Cr | Rs. 2.08 Cr | + 50.72 % | + 62.5 % |
| Depreciation | Rs. 0.55 Cr | Rs. 0.57 Cr | Rs. 0.57 Cr | + 0 % | + 3.64 % |
| Profit before tax | Rs. 3.36 Cr | Rs. 2.04 Cr | Rs. 1.13 Cr | -44.61 % | -66.37 % |
| Tax % | 55.17 % | 25 % | 6.19 % | -18.81 % | -48.98 % |
| Net Profit | Rs. 1.04 Cr | Rs. 1.53 Cr | Rs. 1.06 Cr | -30.72 % | + 1.92 % |
| EPS in Rs | Rs. 1.93 | Rs. 2.83 | Rs. 1.96 | -30.74 % | + 1.55 % |
Today, we’re looking at Hisar Metal Industries 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 3.79 %. However, it did see a marginal increase of 14.14 % from the previous quarter. Expenses ticked up slightly by 16.98 % quarter-on-quarter, aligning with the annual rise of 4.47 %. Operating profit, while down -7.46 % compared to last year, faced a quarter-on-quarter dip of -21.32 %, 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 -0.62 %, but a shrinkage of -2.3 % sequentially. Other income rose by 1260 % compared to the last quarter, despite an annual decline of -63.04 %. Interest expenses surged remarkably by 50.72 % from the previous quarter, yet the year-over-year increase remains at a moderate 62.5 %. Depreciation costs climbed by 0 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 3.64 %. Profit before tax declined annually by -66.37 % but saw a reduction from the preceding quarter by -44.61 %.
Tax expenses as a percentage of profits decreased slightly by -48.98 % compared to last year, with a more notable quarter-on-quarter decrease of -18.81 %. Net profit rose by 1.92 % year-on-year but witnessed a -30.72 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 1.55 % but a quarterly fall of -30.74 %. In summary, Hisar Metal Industries 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. 58.55 Cr | Rs. 53.24 Cr | Rs. 60.77 Cr | + 14.14 % | + 3.79 % |
| Expenses | Rs. 55.2 Cr | Rs. 49.3 Cr | Rs. 57.67 Cr | + 16.98 % | + 4.47 % |
| Operating Profit | Rs. 3.35 Cr | Rs. 3.94 Cr | Rs. 3.1 Cr | -21.32 % | -7.46 % |
| Net Profit | Rs. 1.04 Cr | Rs. 1.53 Cr | Rs. 1.06 Cr | -30.72 % | + 1.92 % |
| EPS in Rs | Rs. 1.93 | Rs. 2.83 | Rs. 1.96 | -30.74 % | + 1.55 % |
In reviewing Hisar Metal Industries Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 3.79 % year-on-year growth, however, there was a minor increase of 14.14 % from the previous quarter. Expenses rose by 4.47 % compared to the previous year, with a 16.98 % increase quarter-on-quarter. Operating Profit dropped by -7.46 % annually, and saw a -21.32 % decrease from the last quarter.
Net Profit showed yearly increase of 1.92 %, and experienced a -30.72 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 1.55 % annually, however dipped by -30.74 % compared to the last quarter. In essence, while Hisar Metal Industries 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.
