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HP Adhesives : Q4 2024 Financial Quarterly Report: YoY Sales Up 2.56 %, QoQ Up 8.39 %

May 16, 2024May 16, 2024| adminadmin| 0 Comments| 2:00 pm
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Highlights

  • Sales over the Year and quarter: The company experienced a substantial growth of 2.56 % in the past year, substantial increase in net sales/revenue by 8.39 %.
  • 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 44.83 %. Marginal increase in other income during this quarter, up by 33.33%.
  • Profit over the Year and quarter: Significant improvement in profitability for HP Adhesives Limited. Notable increase of 44.81 % in net profit Year to Year, HP Adhesives Limited’s profitability increased by 7.72 % in this quarter.
  • EPS over the Year and quarter: EPS declined by -71.09 % Year to Year. EPS increased by 7.02 % in previous quarter. Positive impact on shareholders.

The comprehensive analytics outlining the performance and outlook of HP Adhesives Limited”s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 57.864 Cr Rs. 54.75 Cr Rs. 59.346 Cr + 8.39 % + 2.56 %
Expenses Rs. 50.84 Cr Rs. 46.98 Cr Rs. 50.49 Cr + 7.47 % -0.69 %
Operating Profit Rs. 7.02 Cr Rs. 7.77 Cr Rs. 8.86 Cr + 14.03 % + 26.21 %
OPM % 12.13 % 14.19 % 14.93 % + 0.74 % + 2.8 %
Other Income Rs. 0.58 Cr Rs. 0.63 Cr Rs. 0.84 Cr + 33.33 % + 44.83 %
Interest Rs. 0.43 Cr Rs. 0.18 Cr Rs. 0.56 Cr + 211.11 % + 30.23 %
Depreciation Rs. 0.88 Cr Rs. 1.11 Cr Rs. 1.08 Cr -2.7 % + 22.73 %
Profit before tax Rs. 6.29 Cr Rs. 7.11 Cr Rs. 8.06 Cr + 13.36 % + 28.14 %
Tax % 38.27 % 26.78 % 30.42 % + 3.64 % -7.85 %
Net Profit Rs. 3.87 Cr Rs. 5.21 Cr Rs. 5.61 Cr + 7.68 % + 44.96 %
EPS in Rs Rs. 2.11 Rs. 0.57 Rs. 0.61 + 7.02 % -71.09 %


Today, we’re looking at HP Adhesives 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 2.56 %. However, it did see a marginal increase of 8.39 % from the previous quarter. Expenses ticked up slightly by 7.47 % quarter-on-quarter, aligning with the annual decline of -0.69 %. Operating profit, while up 26.21 % compared to last year, faced a quarter-on-quarter increase of 14.03 %, 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 2.8 %, but an expansion of 0.74 % sequentially. Other income rose by 33.33 % compared to the last quarter, despite an annual growth of 44.83 %. Interest expenses surged remarkably by 211.11 % from the previous quarter, yet the year-over-year increase remains at a moderate 30.23 %. Depreciation costs fell by -2.7 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 22.73 %. Profit before tax grew annually by 28.14 % but saw an increase from the preceding quarter by 13.36 %.
Tax expenses as a percentage of profits decreased slightly by -7.85 % compared to last year, with a more notable quarter-on-quarter increase of 3.64 %. Net profit rose by 44.96 % year-on-year but experienced a 7.68 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -71.09 % but a quarterly rise of 7.02 %. In summary, HP Adhesives 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. 57.864 Cr Rs. 54.75 Cr Rs. 59.346 Cr + 8.39 % + 2.56 %
Expenses Rs. 50.84 Cr Rs. 46.98 Cr Rs. 50.49 Cr + 7.47 % -0.69 %
Operating Profit Rs. 7.02 Cr Rs. 7.77 Cr Rs. 8.86 Cr + 14.03 % + 26.21 %
Net Profit Rs. 3.87 Cr Rs. 5.21 Cr Rs. 5.61 Cr + 7.68 % + 44.96 %
EPS in Rs Rs. 2.11 Rs. 0.57 Rs. 0.61 + 7.02 % -71.09 %


In reviewing HP Adhesives Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 2.56 % year-on-year growth, however, there was a minor increase of 8.39 % from the previous quarter. Expenses decreased by -0.69 % compared to the previous year, with a 7.47 % increase quarter-on-quarter. Operating Profit surged by 26.21 % annually, and saw a 14.03 % increase from the last quarter.
Net Profit showed yearly increase of 44.96 %, and experienced a 7.68 % increase from the previous quarter. Earnings Per Share (EPS) fell by -71.09 % annually, however rose by 7.02 % compared to the last quarter. In essence, while HP Adhesives 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.

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