Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 65.74 % in the past year, substantial increase in net sales/revenue by 11.06 %.
- 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 1782.98 %. Marginal decrease of -70.46% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for HMA Agro Industries Limited. Profit dropped by -84.98 % Year to Year, HMA Agro Industries Limited’s profitability dropped by -96.87 % Quarter to Quarter.
- EPS over the Year and quarter: EPS decreased by -97.87 % 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. 838.739 Cr | Rs. 1251.723 Cr | Rs. 1390.14 Cr | + 11.06 % | + 65.74 % |
Expenses | Rs. 801.16 Cr | Rs. 1202.55 Cr | Rs. 1393.32 Cr | + 15.86 % | + 73.91 % |
Operating Profit | Rs. 37.58 Cr | Rs. 49.17 Cr | Rs. -3.18 Cr | -106.47 % | -108.46 % |
OPM % | 4.48 % | 3.93 % | -0.23 % | -4.16 % | -4.71 % |
Other Income | Rs. -0.47 Cr | Rs. 26.78 Cr | Rs. 7.91 Cr | -70.46 % | + 1782.98 % |
Interest | Rs. 3.99 Cr | Rs. 3.53 Cr | Rs. 2.87 Cr | -18.7 % | -28.07 % |
Depreciation | Rs. 10.75 Cr | Rs. 10.19 Cr | Rs. 6.07 Cr | -40.43 % | -43.53 % |
Profit before tax | Rs. 22.37 Cr | Rs. 62.23 Cr | Rs. -4.21 Cr | -106.77 % | -118.82 % |
Tax % | 54.26 % | 21.1 % | -136.45 % | -157.55 % | -190.71 % |
Net Profit | Rs. 10.23 Cr | Rs. 49.1 Cr | Rs. 1.54 Cr | -96.86 % | -84.95 % |
EPS in Rs | Rs. 0 | Rs. 0.94 | Rs. 0.02 | -97.87 % | 0 % |
Today, we’re looking at HMA Agro Industries 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 65.74 %. However, it did see a marginal increase of 11.06 % from the previous quarter. Expenses ticked up slightly by 15.86 % quarter-on-quarter, aligning with the annual rise of 73.91 %. Operating profit, while down -108.46 % compared to last year, faced a quarter-on-quarter dip of -106.47 %, 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 -4.71 %, but a shrinkage of -4.16 % sequentially. Other income fell by -70.46 % compared to the last quarter, despite an annual growth of 1782.98 %. Interest expenses dropped significantly by -18.7 % from the previous quarter, yet the year-over-year decrease remains at a moderate -28.07 %. Depreciation costs fell by -40.43 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -43.53 %. Profit before tax declined annually by -118.82 % but saw a reduction from the preceding quarter by -106.77 %.
Tax expenses as a percentage of profits decreased slightly by -190.71 % compared to last year, with a more notable quarter-on-quarter decrease of -157.55 %. Net profit fell by -84.95 % year-on-year but witnessed a -96.86 % contraction from the last quarter. but a quarterly fall of -97.87 %. 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. 838.739 Cr | Rs. 1251.723 Cr | Rs. 1390.14 Cr | + 11.06 % | + 65.74 % |
Expenses | Rs. 801.16 Cr | Rs. 1202.55 Cr | Rs. 1393.32 Cr | + 15.86 % | + 73.91 % |
Operating Profit | Rs. 37.58 Cr | Rs. 49.17 Cr | Rs. -3.18 Cr | -106.47 % | -108.46 % |
Net Profit | Rs. 10.23 Cr | Rs. 49.1 Cr | Rs. 1.54 Cr | -96.86 % | -84.95 % |
EPS in Rs | Rs. 0 | Rs. 0.94 | Rs. 0.02 | -97.87 % | 0 % |
In reviewing HMA Agro Industries Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 65.74 % year-on-year growth, however, there was a minor increase of 11.06 % from the previous quarter. Expenses rose by 73.91 % compared to the previous year, with a 15.86 % increase quarter-on-quarter. Operating Profit dropped by -108.46 % annually, and saw a -106.47 % decrease from the last quarter.
Net Profit showed yearly decrease of -84.95 %, and experienced a -96.86 % decrease from the previous quarter. however dipped by -97.87 % compared to the last quarter. In essence, while HMA Agro Industries Limited 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.