Himalayan Distillery’s Net Profit Jumps 147.42% in Q2, Revenue Hits Rs. 3.03 Arba
Tue, Feb 11, 2025 10:48 AM on Latest, Financial Analysis, Company Analysis,
Himalayan Distillery Limited (HDL) has reported a strong financial performance in the second quarter of fiscal year 2081/82, posting a 147.42% surge in net profit. The company's profit soared to Rs. 40.49 crore, up from Rs. 16.36 crore in the same period last year.
The company also witnessed a significant rise in revenue, which increased by 59.69% to Rs. 3.03 Arba compared to Rs. 1.89 Arba in Q2 of the previous fiscal year. Non-operating income saw an impressive growth of 123.48%, reaching Rs. 3.83 crore.
Himalayan Distillery's financial position remains strong, with a paid-up capital of Rs. 3.07 Arba and other equity amounting to Rs. 55.33 crore. Key financial indicators for the quarter include an annualized Earnings Per Share (EPS) of Rs. 26.35, a net worth per share of Rs. 118, and a liquidity ratio of Rs. 5.03. Meanwhile, the company's Price-to-Earnings (P/E) ratio stands at 43.87 times.
Major Highlights:
| Particulars (Rs in 000) | Himalayan Distillery Limited | ||
|---|---|---|---|
| Q2 2081/82 | Q2 2080/81 | Difference | |
| Paid Up Capital | 3,073,402 | 2,672,523 | 15.00% |
| Other Equity (Retained Earnings) | 553,309 | 481,501 | 14.91% |
| Property, Plant and Equipment | 578,114 | 451,861 | 27.94% |
| Investment | 111,100 | 101,100 | 9.89% |
| Trade Receivables | 23,481 | 1,012,136 | -97.68% |
| Revenue from Operation | 3,032,233 | 1,898,816 | 59.69% |
| Non Operating Income | 38,305 | 17,140 | 123.48% |
| Administration Expenses | 44,243 | 33,244 | 33.09% |
| Selling and Distribution Expenses | 195,841 | 198,230 | -1.20% |
| Net Profit | 404,919 | 163,656 | 147.42% |
| Annualized EPS (In Rs.) | 26.35 | 12.25 | 115.15% |
| Net Worth per Share (In Rs.) | 118.00 | 118.02 | -0.01% |
| Qtr End P/E Ratio | 43.87 | ||
| Liquidity Ratio | 5.03 | ||
