Himalayan Distillery reports respectable growth in major indicators in Q2; Look at the major highlights
Sun, Feb 7, 2021 7:25 AM on Company Analysis, Latest,
Himalayan Distillery Limited (HDL) has reported its second quarter report with an increase in net profit by 56.54%. The net profit increased to Rs. 39.76 crores in this quarter from Rs. 25.40 crores in corresponding quarter of previous year.
The company’s paid-up capital stood at Rs. 86.77 crores and reserve and surplus stood at Rs. 49.31 crores; and increase by 6.46%.
In this quarter HDL reported increase in sales revenue by 33.93%. The revenue increased to Rs. 1.44 Arba compared to the corresponding quarter of previous year.
As per the management, the company has already started the necessary work on producing new product which they expect to release in the near future.
The company spent Rs. 18.34 crores on selling and distribution in this quarter which is an increase by a massive 202.41%. It is about 21% of the gross profit.
The company reported its annualized EPS of Rs. 91.66. Its net worth per share stands at Rs. 156.83. The company traded at a P/E multiple of 47.13 times.
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 |
493,144.18 |
463,200.62 |
6.46% |
|
Plant Property and Equipment |
536,981.49 |
586,183.04 |
-8.39% |
|
Borrowings |
502,870.87 |
156,523.78 |
221.27% |
|
Revenue |
1,447,780.56 |
1,081,019.25 |
33.93% |
|
Administrative Expenses |
61,465.61 |
79,631.77 |
-22.81% |
|
Selling and Distribution Expenses |
183,401.02 |
60,646.15 |
202.41% |
|
Finance Expenses |
7,579.67 |
9,963.42 |
-23.92% |
|
Net Profit |
397,648.38 |
254,020.51 |
56.54% |
|
Annualized EPS (Rs.) |
91.66 |
87.83 |
- |
|
Net worth per share (Rs.) |
156.83 |
180.07 |
- |
|
P/E ratio (times) |
47.13 |
- |
- |
|
Liquidity ratio (times) |
1.57 |
1.75 |
- |
