Himalayan Distillery Limited reported satisfactory increment in bottom line; Look at the major highlights of Q3

Sun, May 9, 2021 11:17 AM on Financial Analysis, Latest,

Himalayan Distillery Limited (HDL) has reported its third-quarter report with an increase in net profit by 53.89%. The net profit increased to Rs. 67.27 crores in this quarter from Rs. 43.71 crores in the corresponding quarter of the previous year.

The company’s paid-up capital stood at Rs. 86.77 crores and reserve and surplus stood at Rs. 76.82 crores; and increase by 18.86%.

In this quarter, HDL reported an increase in sales revenue by 9.00%. The revenue increased to Rs. 3.89 Arba compared to the corresponding quarter of the previous year.

The company spent Rs. 30.89 crores on selling and distribution in this quarter which is an increase by a massive 176.53%. It is about 22% of the gross profit.

The company reported its annualized EPS of Rs. 103.37. Its net worth per share stands at Rs. 188.53. The company traded at a P/E multiple of 42.82 times.

Click here for Q3 result:

Major Highlights:

Particulars

Himalayan Distillery Limited

Q2, 2077/2078

Q2, 2076/2077

Difference

Paid-Up Capital

867,702.38

578,468.25

50.00%

Reserve & Surplus

768,241.48

646,343.22

18.86%

Borrowings

1,847.02

179,822.90

-98.97%

Revenue

3,895,162.56

3,573,592.04

9.00%

Administrative Expenses

85,629.20

120,218.10

-28.77%

Selling and Distribution Expenses

308,942.22

111,719.04

176.53%

Finance Expenses

17,072.83

14,534.24

17.47%

Net Profit

672,744.68

437,163.10

53.89%

Annualized EPS (Rs.)

103.37

100.76

-

Net worth per share (Rs.)

188.53

211.73

-

P/E ratio (times)

42.82

-

-

Liquidity ratio (times)

2.74

1.96

-