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Highlights
- The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company’s sales declined by -26.63 % over the year, decrease in net sales/revenue by -48.74 %.
- 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 1.36 %. Marginal increase in other income during this quarter, up by 20.75%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Hma Agro Industries Limited. Profit dropped by -98.35 % Year to Year, Hma Agro Industries Limited’s profitability dropped by -52.54 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -99.68 % Year to Year. EPS increased by 50 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 971.242 Cr | Rs. 1390.14 Cr | Rs. 712.612 Cr | -48.74 % | -26.63 % |
Expenses | Rs. 907.6 Cr | Rs. 1393.32 Cr | Rs. 704.72 Cr | -49.42 % | -22.35 % |
Operating Profit | Rs. 63.64 Cr | Rs. -3.18 Cr | Rs. 7.89 Cr | + 348.11 % | -87.6 % |
OPM % | 6.55 % | -0.23 % | 1.11 % | + 1.34 % | -5.44 % |
Other Income | Rs. 9.416 Cr | Rs. 7.904 Cr | Rs. 9.544 Cr | + 20.75 % | + 1.36 % |
Interest | Rs. 4.35 Cr | Rs. 2.87 Cr | Rs. 3.33 Cr | + 16.03 % | -23.45 % |
Depreciation | Rs. 9.68 Cr | Rs. 6.07 Cr | Rs. 8.39 Cr | + 38.22 % | -13.33 % |
Profit before tax | Rs. 59.03 Cr | Rs. -4.22 Cr | Rs. 5.71 Cr | + 235.31 % | -90.33 % |
Tax % | 24.93 % | -136.45 % | 87.26 % | + 223.71 % | + 62.33 % |
Net Profit | Rs. 44.31 Cr | Rs. 1.54 Cr | Rs. 0.73 Cr | -52.6 % | -98.35 % |
EPS in Rs | Rs. 9.25 | Rs. 0.02 | Rs. 0.03 | + 50 % | -99.68 % |
Today, we’re looking at Hma Agro Industries Limited’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -26.63 %. However, it did see a marginal slip of -48.74 % from the previous quarter. Expenses decreased slightly by -49.42 % quarter-on-quarter, aligning with the annual decline of -22.35 %. Operating profit, while down -87.6 % compared to last year, faced a quarter-on-quarter increase of 348.11 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -5.44 %, but an expansion of 1.34 % sequentially. Other income rose by 20.75 % compared to the last quarter, despite an annual growth of 1.36 %. Interest expenses surged remarkably by 16.03 % from the previous quarter, yet the year-over-year decrease remains at a moderate -23.45 %. Depreciation costs climbed by 38.22 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -13.33 %. Profit before tax declined annually by -90.33 % but saw an increase from the preceding quarter by 235.31 %.
Tax expenses as a percentage of profits increased slightly by 62.33 % compared to last year, with a more notable quarter-on-quarter increase of 223.71 %. Net profit fell by -98.35 % year-on-year but witnessed a -52.6 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -99.68 % but a quarterly rise of 50 %. In summary, Hma Agro 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. 971.242 Cr | Rs. 1390.14 Cr | Rs. 712.612 Cr | -48.74 % | -26.63 % |
Expenses | Rs. 907.6 Cr | Rs. 1393.32 Cr | Rs. 704.72 Cr | -49.42 % | -22.35 % |
Operating Profit | Rs. 63.64 Cr | Rs. -3.18 Cr | Rs. 7.89 Cr | + 348.11 % | -87.6 % |
Net Profit | Rs. 44.31 Cr | Rs. 1.54 Cr | Rs. 0.73 Cr | -52.6 % | -98.35 % |
EPS in Rs | Rs. 9.25 | Rs. 0.02 | Rs. 0.03 | + 50 % | -99.68 % |
In reviewing Hma Agro Industries Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -26.63 % year-on-year, although there was a slight dip of -48.74 % from the previous quarter. Expenses decreased by -22.35 % compared to the previous year, with a decrease of -49.42 % quarter-on-quarter. Operating Profit dropped by -87.6 % annually, and saw a 348.11 % increase from the last quarter.
Net Profit showed yearly decrease of -98.35 %, and experienced a -52.6 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -99.68 % annually, however rose by 50 % compared to the last quarter. In essence, while Hma Agro 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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