Share the post "HONDA INDIA POWER PRODUCTS announces Q2 Report: Revenue Dropped by 37.73% YoY"
Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company’s sales declined by -37.73 % over the year, substantial increase in net sales/revenue by 22.91 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -17.1 %, Marginal decrease of -7.83% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for HONDA INDIA POWER PRODUCTS LIMITED. Profit dropped by -72.62 % Year to Year, HONDA INDIA POWER PRODUCTS LIMITED’s profitability dropped by -47.12 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -72.62 % Year to Year. EPS decreased by -47.11 % 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. 284.57 Cr | Rs. 144.17 Cr | Rs. 177.2 Cr | + 22.91 % | -37.73 % |
Expenses | Rs. 249.34 Cr | Rs. 127.69 Cr | Rs. 170.2 Cr | + 33.29 % | -31.74 % |
Operating Profit | Rs. 35.23 Cr | Rs. 16.48 Cr | Rs. 7 Cr | -57.52 % | -80.13 % |
OPM % | 12.38 % | 11.43 % | 3.95 % | -7.48 % | -8.43 % |
Other Income | Rs. 11.93 Cr | Rs. 10.73 Cr | Rs. 9.89 Cr | -7.83 % | -17.1 % |
Interest | Rs. 0.05 Cr | Rs. 0.04 Cr | Rs. 0.05 Cr | + 25 % | + 0 % |
Depreciation | Rs. 4.98 Cr | Rs. 5.34 Cr | Rs. 5.36 Cr | + 0.37 % | + 7.63 % |
Profit before tax | Rs. 42.13 Cr | Rs. 21.83 Cr | Rs. 11.48 Cr | -47.41 % | -72.75 % |
Tax % | 25.97 % | 26.02 % | 25.61 % | -0.41 % | -0.36 % |
Net Profit | Rs. 31.19 Cr | Rs. 16.15 Cr | Rs. 8.54 Cr | -47.12 % | -72.62 % |
EPS in Rs | Rs. 30.75 | Rs. 15.92 | Rs. 8.42 | -47.11 % | -72.62 % |
Today, we’re looking at HONDA INDIA POWER PRODUCTS LIMITED’s financial performance for the Q2(Sep 2024-25).Starting with the top line, the company reported a significant year-over-year sales decline of -37.73 %. However, it did see a marginal increase of 22.91 % from the previous quarter. Expenses ticked up slightly by 33.29 % quarter-on-quarter, aligning with the annual decline of -31.74 %. Operating profit, while down -80.13 % compared to last year, faced a quarter-on-quarter dip of -57.52 %, 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 -8.43 %, but a shrinkage of -7.48 % sequentially. Other income fell by -7.83 % compared to the last quarter, despite an annual decline of -17.1 %. Interest expenses surged remarkably by 25 % from the previous quarter, yet the year-over-year increase remains at a moderate 0 %. Depreciation costs climbed by 0.37 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 7.63 %. Profit before tax declined annually by -72.75 % but saw a reduction from the preceding quarter by -47.41 %.
Tax expenses as a percentage of profits decreased slightly by -0.36 % compared to last year, with a more notable quarter-on-quarter decrease of -0.41 %. Net profit fell by -72.62 % year-on-year but witnessed a -47.12 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -72.62 % but a quarterly fall of -47.11 %. In summary, HONDA INDIA POWER PRODUCTS 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. 284.57 Cr | Rs. 144.17 Cr | Rs. 177.2 Cr | + 22.91 % | -37.73 % |
Expenses | Rs. 249.34 Cr | Rs. 127.69 Cr | Rs. 170.2 Cr | + 33.29 % | -31.74 % |
Operating Profit | Rs. 35.23 Cr | Rs. 16.48 Cr | Rs. 7 Cr | -57.52 % | -80.13 % |
Net Profit | Rs. 31.19 Cr | Rs. 16.15 Cr | Rs. 8.54 Cr | -47.12 % | -72.62 % |
EPS in Rs | Rs. 30.75 | Rs. 15.92 | Rs. 8.42 | -47.11 % | -72.62 % |
In reviewing HONDA INDIA POWER PRODUCTS LIMITED’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -37.73 % year-on-year, however, there was a minor increase of 22.91 % from the previous quarter. Expenses decreased by -31.74 % compared to the previous year, with a 33.29 % increase quarter-on-quarter. Operating Profit dropped by -80.13 % annually, and saw a -57.52 % decrease from the last quarter.
Net Profit showed yearly decrease of -72.62 %, and experienced a -47.12 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -72.62 % annually, however dipped by -47.11 % compared to the last quarter. In essence, while HONDA INDIA POWER PRODUCTS 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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