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Hisar Spinning Mills ‘s Q2 Report: Revenue Rises by 8.47% YoY

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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 experienced a substantial growth of 8.47 % in the past year, substantial increase in net sales/revenue by 14.16 %.
  • 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 400 %. Marginal increase in other income during this quarter, up by 71.43%.
  • Profit over the Year and quarter: Significant improvement in profitability for Hisar Spinning Mills Ltd. Notable increase of 501.59 % in net profit Year to Year, Hisar Spinning Mills Ltd’s profitability dropped by -41.96 % Quarter to Quarter.
  • EPS over the Year and quarter: EPS increased by 494.12 % Year to Year. EPS decreased by -42.29 % in previous quarter. Analysis needed for shareholder value.

The comprehensive analytics outlining the performance and outlook of Hisar Spinning Mills 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. 10.839 Cr Rs. 10.299 Cr Rs. 11.757 Cr + 14.16 % + 8.47 %
Expenses Rs. 10.2 Cr Rs. 9.06 Cr Rs. 10.94 Cr + 20.75 % + 7.25 %
Operating Profit Rs. 0.64 Cr Rs. 1.24 Cr Rs. 0.82 Cr -33.87 % + 28.13 %
OPM % 5.9 % 12.04 % 6.97 % -5.07 % + 1.07 %
Other Income Rs. 0.012 Cr Rs. 0.035 Cr Rs. 0.06 Cr + 71.43 % + 400 %
Interest Rs. 0.06 Cr Rs. 0.07 Cr Rs. 0.08 Cr + 14.29 % + 33.33 %
Depreciation Rs. 0.43 Cr Rs. 0.29 Cr Rs. 0.29 Cr + 0 % -32.56 %
Profit before tax Rs. 0.16 Cr Rs. 0.92 Cr Rs. 0.51 Cr -44.57 % + 218.75 %
Tax % 62.94 % 28.45 % 25.44 % -3.01 % -37.5 %
Net Profit Rs. 0.06 Cr Rs. 0.65 Cr Rs. 0.38 Cr -41.54 % + 533.33 %
EPS in Rs Rs. 0.17 Rs. 1.75 Rs. 1.01 -42.29 % + 494.12 %


Today, we’re looking at Hisar Spinning Mills Ltd’s financial performance for the Q2(Sep 2024-25).Starting with the top line, the company reported a robust year-over-year sales growth of 8.47 %. However, it did see a marginal increase of 14.16 % from the previous quarter. Expenses ticked up slightly by 20.75 % quarter-on-quarter, aligning with the annual rise of 7.25 %. Operating profit, while up 28.13 % compared to last year, faced a quarter-on-quarter dip of -33.87 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 1.07 %, but a shrinkage of -5.07 % sequentially. Other income rose by 71.43 % compared to the last quarter, despite an annual growth of 400 %. Interest expenses surged remarkably by 14.29 % from the previous quarter, yet the year-over-year increase remains at a moderate 33.33 %. Depreciation costs climbed by 0 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -32.56 %. Profit before tax grew annually by 218.75 % but saw a reduction from the preceding quarter by -44.57 %.
Tax expenses as a percentage of profits decreased slightly by -37.5 % compared to last year, with a more notable quarter-on-quarter decrease of -3.01 %. Net profit rose by 533.33 % year-on-year but witnessed a -41.54 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 494.12 % but a quarterly fall of -42.29 %. In summary, Hisar Spinning Mills 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. 10.839 Cr Rs. 10.299 Cr Rs. 11.757 Cr + 14.16 % + 8.47 %
Expenses Rs. 10.2 Cr Rs. 9.06 Cr Rs. 10.94 Cr + 20.75 % + 7.25 %
Operating Profit Rs. 0.64 Cr Rs. 1.24 Cr Rs. 0.82 Cr -33.87 % + 28.13 %
Net Profit Rs. 0.06 Cr Rs. 0.65 Cr Rs. 0.38 Cr -41.54 % + 533.33 %
EPS in Rs Rs. 0.17 Rs. 1.75 Rs. 1.01 -42.29 % + 494.12 %


In reviewing Hisar Spinning Mills Ltd’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 8.47 % year-on-year growth, however, there was a minor increase of 14.16 % from the previous quarter. Expenses rose by 7.25 % compared to the previous year, with a 20.75 % increase quarter-on-quarter. Operating Profit surged by 28.13 % annually, and saw a -33.87 % decrease from the last quarter.
Net Profit showed yearly increase of 533.33 %, and experienced a -41.54 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 494.12 % annually, however dipped by -42.29 % compared to the last quarter. In essence, while Hisar Spinning Mills Ltd exhibits strong annual growth 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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