How has Himalayan Distillery Limited Performed in the First Quarter? Look at the Major Highlights

Tue, Nov 15, 2022 3:25 PM on Latest, Financial Analysis, Stock Market,

Himalayan Distillery Limited (HDL) has reported its first-quarter report with an increase in net profit by a mere 2.12%. The net profit increased to Rs. 21.57 Crores in this quarter from Rs. 21.12 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. 1.54 Arba; with an increase of 14.48%.

In this quarter, HDL reported an increase in sales revenue by 12.29%. The revenue increased to Rs. 1.38 Arba compared to the corresponding quarter of the previous year.

The company spent Rs. 1.96 crores on administrative expenses in this quarter which is a increase of 45.45%.

The company reported its EPS of Rs. 56.84. Its net worth per share stands at Rs. 201.64. The company traded at a P/E multiple of 60 times.

Click here for Q1 report

Major financial highlights

Particulars (Rs in 000) Himalayan Distillery Limited
Q1 2079/80 Q1 2078/79 Difference
Paid Up Capital    1,518,479        867,702 75.00%
Reserves and Surplus    1,543,368    1,348,174 14.48%
Property, Plant and Equipment        486,286        504,463 -3.60%
Investments        101,100          69,000 46.52%
Trade Receivables    2,498,620    1,977,231 26.37%
Cash and Cash Equivalents        388,976          17,205 2160.77%
Inventories        296,828        254,661 16.56%
Revenue from Operation    1,382,400    1,231,060 12.29%
Other Income            3,412    
Administration Expenses          19,626          13,493 45.45%
Net Profit        215,761        211,282 2.12%
Annualized EPS (In Rs.) 56.84 97.40 -41.65%
Net Worth per Share (In Rs.) 201.64 255.37 -21.04%
Qtr End P/E Ratio                  60