Himalayan Distillery Reports Satisfactory Growth In Profitability In First Quarter; Look At The Major Highlights

Sun, Nov 14, 2021 10:58 AM on Latest, Company Analysis,

Himalayan Distillery Limited (HDL) has reported its first-quarter report with an increase in net profit by 12.70%. The net profit increased to Rs. 21.12 crores in this quarter from Rs. 18.74 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. 1.34 Arba; and increase by 56.27%.

In this quarter, HDL reported an increase in sales revenue by 26.93%. The revenue increased to Rs. 1.23 Arba compared to the corresponding quarter of the previous year.

The company spent Rs. 6.67 crores on selling and distribution in this quarter which is an increase of 49.34%.

The company reported its annualized EPS of Rs. 97.4. Its net worth per share stands at Rs. 255.37. The company traded at a P/E multiple of 56.88 times.

Click here for the Q1 report

Major Highlights:

Particulars

Himalayan Distillery Limited

Q1 2078/79

Q1 2077/78

Difference

Paid-Up Capital

867,702.38

578,468.25

50.00%

Reserve & Surplus

1,348,174.41

862,738.97

56.27%

Borrowings

39,150.32

136,859.11

-71.39%

Revenue

1,231,060.22

969,855.58

26.93%

Administrative Expenses

13,493.27

20,402.84

-33.87%

Selling and Distribution

66,735.74

44,687.41

49.34%

Finance Expenses

121.54

64,167.13

-99.81%

Net Profit

211,281.85

187,468.68

12.70%

Annualized EPS (Rs.)

97.40

129.63

-24.87%

Net Worth per Share (Rs.)

255.37

249.14

2.50%

P/E Ratio (times)

56.88

-

-

Liquidity Ratio (times)

3.28

2.53

-