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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 27.08 % in the past year, substantial increase in net sales/revenue by 33.05 %.
- 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 71.18 %. Marginal increase in other income during this quarter, up by 76.58%.
- Profit over the Year and quarter: Significant improvement in profitability for HITACHI ENERGY INDIA LIMITED. Notable increase of 123.7 % in net profit Year to Year, HITACHI ENERGY INDIA LIMITED’s profitability increased by 394.82 % in this quarter.
- EPS over the Year and quarter: EPS increased by 123.69 % Year to Year. EPS increased by 394.83 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 1334.01 Cr | Rs. 1274.2 Cr | Rs. 1695.28 Cr | + 33.05 % | + 27.08 % |
Expenses | Rs. 1238.94 Cr | Rs. 1206.2 Cr | Rs. 1513.31 Cr | + 25.46 % | + 22.15 % |
Operating Profit | Rs. 95.07 Cr | Rs. 68 Cr | Rs. 181.97 Cr | + 167.6 % | + 91.41 % |
OPM % | 7.13 % | 5.34 % | 10.73 % | + 5.39 % | + 3.6 % |
Other Income | Rs. 2.29 Cr | Rs. 2.22 Cr | Rs. 3.92 Cr | + 76.58 % | + 71.18 % |
Interest | Rs. 11.21 Cr | Rs. 13.71 Cr | Rs. 11.2 Cr | -18.31 % | -0.09 % |
Depreciation | Rs. 21.06 Cr | Rs. 22.73 Cr | Rs. 22.52 Cr | -0.92 % | + 6.93 % |
Profit before tax | Rs. 65.09 Cr | Rs. 33.78 Cr | Rs. 152.17 Cr | + 350.47 % | + 133.78 % |
Tax % | 21.94 % | 32 % | 25.31 % | -6.69 % | + 3.37 % |
Net Profit | Rs. 50.81 Cr | Rs. 22.97 Cr | Rs. 113.66 Cr | + 394.82 % | + 123.7 % |
EPS in Rs | Rs. 11.99 | Rs. 5.42 | Rs. 26.82 | + 394.83 % | + 123.69 % |
Today, we’re looking at HITACHI ENERGY INDIA LIMITED’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 27.08 %. However, it did see a marginal increase of 33.05 % from the previous quarter. Expenses ticked up slightly by 25.46 % quarter-on-quarter, aligning with the annual rise of 22.15 %. Operating profit, while up 91.41 % compared to last year, faced a quarter-on-quarter increase of 167.6 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 3.6 %, but an expansion of 5.39 % sequentially. Other income rose by 76.58 % compared to the last quarter, despite an annual growth of 71.18 %. Interest expenses dropped significantly by -18.31 % from the previous quarter, yet the year-over-year decrease remains at a moderate -0.09 %. Depreciation costs fell by -0.92 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 6.93 %. Profit before tax grew annually by 133.78 % but saw an increase from the preceding quarter by 350.47 %.
Tax expenses as a percentage of profits increased slightly by 3.37 % compared to last year, with a more notable quarter-on-quarter decrease of -6.69 %. Net profit rose by 123.7 % year-on-year but experienced a 394.82 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 123.69 % but a quarterly rise of 394.83 %. In summary, HITACHI ENERGY INDIA 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. 1334.01 Cr | Rs. 1274.2 Cr | Rs. 1695.28 Cr | + 33.05 % | + 27.08 % |
Expenses | Rs. 1238.94 Cr | Rs. 1206.2 Cr | Rs. 1513.31 Cr | + 25.46 % | + 22.15 % |
Operating Profit | Rs. 95.07 Cr | Rs. 68 Cr | Rs. 181.97 Cr | + 167.6 % | + 91.41 % |
Net Profit | Rs. 50.81 Cr | Rs. 22.97 Cr | Rs. 113.66 Cr | + 394.82 % | + 123.7 % |
EPS in Rs | Rs. 11.99 | Rs. 5.42 | Rs. 26.82 | + 394.83 % | + 123.69 % |
In reviewing HITACHI ENERGY INDIA LIMITED’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 27.08 % year-on-year growth, however, there was a minor increase of 33.05 % from the previous quarter. Expenses rose by 22.15 % compared to the previous year, with a 25.46 % increase quarter-on-quarter. Operating Profit surged by 91.41 % annually, and saw a 167.6 % increase from the last quarter.
Net Profit showed yearly increase of 123.7 %, and experienced a 394.82 % increase from the previous quarter. Earnings Per Share (EPS) rose by 123.69 % annually, however rose by 394.83 % compared to the last quarter. In essence, while HITACHI ENERGY INDIA LIMITED exhibits strong annual growth 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.