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Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company’s sales declined by -0.46 % over the year, substantial increase in net sales/revenue by 2.12 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -9.09 %, Marginal increase in other income during this quarter, up by 766.67%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Hisar Metal Industries Limited. Profit dropped by -46.67 % Year to Year, Hisar Metal Industries Limited’s profitability increased by 30.23 % in this quarter.
- EPS over the Year and quarter: EPS declined by -46.79 % Year to Year. EPS increased by 30.19 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 65.23 Cr | Rs. 63.58 Cr | Rs. 64.93 Cr | + 2.12 % | -0.46 % |
Expenses | Rs. 60.59 Cr | Rs. 59.7 Cr | Rs. 61.37 Cr | + 2.8 % | + 1.29 % |
Operating Profit | Rs. 4.64 Cr | Rs. 3.88 Cr | Rs. 3.56 Cr | -8.25 % | -23.28 % |
OPM % | 7.11 % | 6.1 % | 5.48 % | -0.62 % | -1.63 % |
Other Income | Rs. 0.22 Cr | Rs. -0.03 Cr | Rs. 0.2 Cr | + 766.67 % | -9.09 % |
Interest | Rs. 1.47 Cr | Rs. 2 Cr | Rs. 1.58 Cr | -21 % | + 7.48 % |
Depreciation | Rs. 0.58 Cr | Rs. 0.7 Cr | Rs. 0.68 Cr | -2.86 % | + 17.24 % |
Profit before tax | Rs. 2.81 Cr | Rs. 1.15 Cr | Rs. 1.5 Cr | + 30.43 % | -46.62 % |
Tax % | 25.27 % | 25.22 % | 25.33 % | + 0.11 % | + 0.06 % |
Net Profit | Rs. 2.1 Cr | Rs. 0.86 Cr | Rs. 1.12 Cr | + 30.23 % | -46.67 % |
EPS in Rs | Rs. 3.89 | Rs. 1.59 | Rs. 2.07 | + 30.19 % | -46.79 % |
Today, we’re looking at Hisar Metal Industries Limited’s financial performance for the Q2(Sep 2024-25).Starting with the top line, the company reported a significant year-over-year sales decline of -0.46 %. However, it did see a marginal increase of 2.12 % from the previous quarter. Expenses ticked up slightly by 2.8 % quarter-on-quarter, aligning with the annual rise of 1.29 %. Operating profit, while down -23.28 % compared to last year, faced a quarter-on-quarter dip of -8.25 %, 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 -1.63 %, but a shrinkage of -0.62 % sequentially. Other income rose by 766.67 % compared to the last quarter, despite an annual decline of -9.09 %. Interest expenses dropped significantly by -21 % from the previous quarter, yet the year-over-year increase remains at a moderate 7.48 %. Depreciation costs fell by -2.86 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 17.24 %. Profit before tax declined annually by -46.62 % but saw an increase from the preceding quarter by 30.43 %.
Tax expenses as a percentage of profits increased slightly by 0.06 % compared to last year, with a more notable quarter-on-quarter increase of 0.11 %. Net profit fell by -46.67 % year-on-year but experienced a 30.23 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -46.79 % but a quarterly rise of 30.19 %. In summary, Hisar Metal Industries 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. 65.23 Cr | Rs. 63.58 Cr | Rs. 64.93 Cr | + 2.12 % | -0.46 % |
Expenses | Rs. 60.59 Cr | Rs. 59.7 Cr | Rs. 61.37 Cr | + 2.8 % | + 1.29 % |
Operating Profit | Rs. 4.64 Cr | Rs. 3.88 Cr | Rs. 3.56 Cr | -8.25 % | -23.28 % |
Net Profit | Rs. 2.1 Cr | Rs. 0.86 Cr | Rs. 1.12 Cr | + 30.23 % | -46.67 % |
EPS in Rs | Rs. 3.89 | Rs. 1.59 | Rs. 2.07 | + 30.19 % | -46.79 % |
In reviewing Hisar Metal Industries Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -0.46 % year-on-year, however, there was a minor increase of 2.12 % from the previous quarter. Expenses rose by 1.29 % compared to the previous year, with a 2.8 % increase quarter-on-quarter. Operating Profit dropped by -23.28 % annually, and saw a -8.25 % decrease from the last quarter.
Net Profit showed yearly decrease of -46.67 %, and experienced a 30.23 % increase from the previous quarter. Earnings Per Share (EPS) fell by -46.79 % annually, however rose by 30.19 % compared to the last quarter. In essence, while Hisar Metal Industries Limited 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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