Himalayan Distillery Limited Reported Satisfactory Growth In Major Profitability Indicators In Q3 of FY 78/79
Sun, May 8, 2022 12:34 PM on Financial Analysis, Stock Market, Latest,
Himalayan Distillery Limited (HDL) has reported its third-quarter report with an increase in net profit by 17.18%. The net profit increased to Rs. 78.8 crores in this quarter from Rs.67.2 crores in the corresponding quarter of the previous year.
In this quarter, HDL reported an increase in revenue from operations by 30.20%. The revenue increased to Rs. 5.18 Arba as compared to the revenue of Rs. 3.98 Arba of the corresponding quarter of previous year. The company also made an investment of Rs. 6.9 Crores in this fiscal year.
The company’s paid-up capital stood at Rs. 1.51 Arba and reserve and surplus stood at Rs.1.05 Arba which has increased by 37.65%.
The company reported its annualized EPS at Rs. 69.22. Its net worth per share stands at Rs. 169.64. The company traded at a P/E ratio of 51.88 and the ratio between the liquid assets and the liabilities (Liquidity ratio) in the third quarter of this fiscal year is 3.41.
Major financial highlights
| Particulars (Rs in 000) | Himalayan Distillery Limited | ||
|---|---|---|---|
| Q3 2078/79 | Q3 2077/78 | Difference | |
| Share Capital | 1,518,479 | 867,702 | 75.00% |
| Reserves and Surplus | 1,057,515 | 768,241 | 37.65% |
| Other Equity (Retained Earnings) | |||
| Property, Plant and Equipment | 495,485 | 527,978 | -6.15% |
| Investments | 69,000 | ||
| Trade Receivables | 2,292,971 | 1,018,582 | 125.11% |
| Cash and Cash Equivalents | 75,298 | 108,213 | -30.42% |
| Inventories | 386,806 | 503,942 | -23.24% |
| Revenue from Operation | 5,187,815 | 3,984,522 | 30.20% |
| Other operating Income | 4,435 | 69,343 | -93.60% |
| Operating Profit | 1,096,626 | 955,689 | 14.75% |
| Net Profit | 788,324 | 672,745 | 17.18% |
| Annualized EPS (In Rs.) | 69.22 | 59.07 | 17.18% |
| Net Worth per Share (In Rs.) | 169.64 | 188.54 | -10.02% |
| Liquidity Ratio | 3.41 | 2.74 | 24.45% |
| PE Ratio | 51.88 | 74.94 | -30.77% |
