Himalayan Distillery Reports 89.04% Surge in Net Profit for Q1 FY 2081/82 With 52.97% Revenue Growth
Wed, Oct 23, 2024 8:43 AM on Latest, Financial Analysis, Company Analysis,
In its recently released financial report for the first quarter of fiscal year 2081/82, Himalayan Distillery Limited (HDL) reported a remarkable 89.04% increase in net profit, rising to Rs 19.88 crore from Rs 10.51 crore in the same quarter of FY 2080/81.
The distillery's revenue also saw a significant boost, with a 52.97% rise to Rs 1.48 Arba in Q1 2081/82, compared to Rs 97.18 crore in the corresponding quarter of the previous fiscal year. Additionally, HDL experienced a notable increase in other operating income, which surged by 178.89% to Rs 1.72 crore.
As of the report, Himalayan Distillery's share capital is recorded at Rs 2.67 Arba, with other equity amounting to Rs 88.96 crore. Key financial metrics for the quarter indicate an annualized Earnings Per Share (EPS) of Rs 29.77, alongside a Price-to-Earnings (P/E) ratio of 45.86 times. The net worth per share is reported at Rs 133.29, while the liquidity ratio stands at Rs 4.32.
Major Highlights:
| Particulars (Rs in 000) | Himalayan Distillery Limited | ||
|---|---|---|---|
| Q1 2081/82 | Q1 2080/81 | Difference | |
| Paid Up Capital | 2,672,523 | 2,429,567 | 10.00% |
| Other Equity (Retained Earnings) | 889,648 | 1,030,437 | -13.66% |
| Property, Plant and Equipment | 476,025 | 454,259 | 4.79% |
| Investment | 111,100 | 101,100 | 9.89% |
| Trade Receivables | 11,359 | 2,473,615 | -99.54% |
| Revenue from Operation | 1,486,615 | 971,815 | 52.97% |
| Other Income | 17,291 | 5,911 | 192.51% |
| Administration Expenses | 21,820 | 17,278 | 26.29% |
| Selling and Distribution Expenses | 70,420 | 68,293 | 3.12% |
| Net Profit | 198,871 | 105,199 | 89.04% |
| Annualized EPS (In Rs.) | 29.77 | 17.32 | 71.86% |
| Net Worth per Share (In Rs.) | 133.29 | 142.41 | -6.41% |
| Qtr End P/E Ratio | 45.86 | ||
| Liquidity Ratio | 4.32 | ||
