Himalayan Distillery Limited Reported Satisfactory Growth In Major Profitability Indicators In Q2

Fri, Feb 11, 2022 11:27 AM on Financial Analysis, Latest,

Himalayan Distillery Limited (HDL) has reported its second-quarter report with an increase in net profit by 16.37%. The net profit increased to Rs. 46.27 crores in this quarter from Rs. 39.76 crores in the corresponding quarter of the previous year.

The company’s paid-up capital stood at Rs. 1.51 arba and reserve and surplus stood at Rs. 73.19 crores; and increase by 48.42%.

In this quarter, HDL reported an increase in sales revenue by 22.13%. The revenue increased to Rs. 2.98 Arba compared to the corresponding quarter of the previous year.

The company spent Rs. 20.87 crores on selling and distribution in this quarter.

The company reported its annualized EPS of Rs. 60.95. Its net worth per share stands at Rs. 148.2. The company traded at a P/E multiple of 65.70 times.

Click here for the Q2 report

Major Highlights:

Particulars

Himalayan Distillery Limited

Q2, 2078/2079

Q2, 2077/2078

Difference

Paid-Up Capital

1,518,479.16

867,702.38

75.00%

Reserve & Surplus

731,918.89

493,144.18

48.42%

Plant Property and Equipment

494,094.94

536,981.49

-7.99%

Borrowings

724.59

501,905.66

-99.86%

Investment in subsidiaries

69,000.00

-

-

Revenue

2,987,224.12

2,446,032.60

22.13%

Finance Expenses

281.48

7,579.67

-96.29%

Net Profit

462,728.70

397,648.38

16.37%

Annualized EPS (Rs.)

60.95

91.66

-

Net worth per share (Rs.)

148.20

156.83

-

P/E ratio (times)

65.70

-

-

Liquidity ratio (times)

2.97

-

-