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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 0.77 % in the past year, decrease in net sales/revenue by -28.11 %.
- 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 225.79 %. Marginal increase in other income during this quarter, up by 45.92%.
- Profit over the Year and quarter: Challenges in sustaining profitability for HLV LIMITED. Profit dropped by -14.74 % Year to Year, HLV LIMITED’s profitability dropped by -84.35 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -33.33 % Year to Year. EPS decreased by -87.5 % 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. 42.62 Cr | Rs. 59.74 Cr | Rs. 42.95 Cr | -28.11 % | + 0.77 % |
| Expenses | Rs. 38.22 Cr | Rs. 48.7 Cr | Rs. 42.47 Cr | -12.79 % | + 11.12 % |
| Operating Profit | Rs. 4.4 Cr | Rs. 11.04 Cr | Rs. 0.48 Cr | -95.65 % | -89.09 % |
| OPM % | 10.32 % | 18.48 % | 1.12 % | -17.36 % | -9.2 % |
| Other Income | Rs. 1.59 Cr | Rs. 3.55 Cr | Rs. 5.18 Cr | + 45.92 % | + 225.79 % |
| Interest | Rs. 0.63 Cr | Rs. 0.56 Cr | Rs. 0.54 Cr | -3.57 % | -14.29 % |
| Depreciation | Rs. 3.46 Cr | Rs. 3.68 Cr | Rs. 3.5 Cr | -4.89 % | + 1.16 % |
| Profit before tax | Rs. 1.9 Cr | Rs. 10.35 Cr | Rs. 1.62 Cr | -84.35 % | -14.74 % |
| Tax % | 0 % | 0 % | 0 % | 0 % | 0 % |
| Net Profit | Rs. 1.9 Cr | Rs. 10.35 Cr | Rs. 1.62 Cr | -84.35 % | -14.74 % |
| EPS in Rs | Rs. 0.03 | Rs. 0.16 | Rs. 0.02 | -87.5 % | -33.33 % |
Today, we’re looking at HLV LIMITED’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 0.77 %. However, it did see a marginal slip of -28.11 % from the previous quarter. Expenses decreased slightly by -12.79 % quarter-on-quarter, aligning with the annual rise of 11.12 %. Operating profit, while down -89.09 % compared to last year, faced a quarter-on-quarter dip of -95.65 %, 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 -9.2 %, but a shrinkage of -17.36 % sequentially. Other income rose by 45.92 % compared to the last quarter, despite an annual growth of 225.79 %. Interest expenses dropped significantly by -3.57 % from the previous quarter, yet the year-over-year decrease remains at a moderate -14.29 %. Depreciation costs fell by -4.89 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 1.16 %. Profit before tax declined annually by -14.74 % but saw a reduction from the preceding quarter by -84.35 %.
Net profit fell by -14.74 % year-on-year but witnessed a -84.35 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -33.33 % but a quarterly fall of -87.5 %. In summary, HLV 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. 42.62 Cr | Rs. 59.74 Cr | Rs. 42.95 Cr | -28.11 % | + 0.77 % |
| Expenses | Rs. 38.22 Cr | Rs. 48.7 Cr | Rs. 42.47 Cr | -12.79 % | + 11.12 % |
| Operating Profit | Rs. 4.4 Cr | Rs. 11.04 Cr | Rs. 0.48 Cr | -95.65 % | -89.09 % |
| Net Profit | Rs. 1.9 Cr | Rs. 10.35 Cr | Rs. 1.62 Cr | -84.35 % | -14.74 % |
| EPS in Rs | Rs. 0.03 | Rs. 0.16 | Rs. 0.02 | -87.5 % | -33.33 % |
In reviewing HLV LIMITED’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 0.77 % year-on-year growth, although there was a slight dip of -28.11 % from the previous quarter. Expenses rose by 11.12 % compared to the previous year, with a decrease of -12.79 % quarter-on-quarter. Operating Profit dropped by -89.09 % annually, and saw a -95.65 % decrease from the last quarter.
Net Profit showed yearly decrease of -14.74 %, and experienced a -84.35 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -33.33 % annually, however dipped by -87.5 % compared to the last quarter. In essence, while HLV 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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