- Home »
- Quarterly Results »
- HBL Power Systems Q1 Results Revenue Decline to ₹52,559.08 Lakh, Net Profit Up to ₹7,584.91 Lakh
HBL Power Systems Q1 Results Revenue Decline to ₹52,559.08 Lakh, Net Profit Up to ₹7,584.91 Lakh
HBL Power Systems Q1 Results for FY 2024-2025 reveal a 5.38% YoY increase in revenue to ₹52,559.08 lakh, despite a 14.8% QoQ decline, and a 15.7% YoY rise in net profit to ₹7,584.91 lakh. HBL Power Systems Q1 Results also show a 14.4% QoQ decrease in total expenses, with a net profit after tax increasing by 1.8% QoQ to ₹8,009.46 lakh.
by Madhumitha
Updated Sep 10, 2024
Table of Content
HBL Power Systems Q1 Results: HBL Power Systems announced its Q1 results for FY 2024-2025 on August 8, 2024, showing a revenue of ₹52,559.08 lakh, marking a YoY growth of 5.38% compared to Q1 2023.
However, on a QoQ basis, the revenue saw a decline of 14.8% from ₹61,662.45 lakh reported in the previous quarter (Q4 FY 2023-2024). Despite this drop, the company's net profit for Q1 stood at ₹7,584.91 lakh, representing a YoY increase of 15.7%, up from ₹6,553.96 lakh in the corresponding quarter last year.
The total expenses for Q1 FY 2024-2025 amounted to ₹42,236.82 lakh, reflecting a QoQ decrease of 14.4% from ₹49,366.30 lakh in the previous quarter. HBL Power Systems also witnessed a YoY rise in employee benefits expenses by 8.3%, signaling continued investment in talent.
The net profit after tax for Q1 FY 2024-2025 was ₹8,009.46 lakh, a QoQ growth of 1.8%, further highlighting the company's robust financial performance despite the revenue slowdown compared to the previous quarter.
For More Q1 results check our Twitter Page.
HBL Power Systems Q1 Results 2024-2025
HBL Power Systems announced its financial results for Q1 FY 2024-2025, showcasing both growth and challenges.
| Particulars |
Q1 FY 2024-2025 (₹ in Lakhs) |
Q4 FY 2023-2024 (₹ in Lakhs) |
Q1 FY 2023-2024 (₹ in Lakhs) |
|---|---|---|---|
| Total Income | 52,559.08 | 61,662.45 | 49,869.85 |
| Net Profit After Tax | 7,584.91 | 6,553.96 | 6,553.96 |
| Total Expenses | 42,236.82 | 49,366.30 | 40,198.10 |
| Employee Benefits Expense | 3,976.24 | 5,320.48 | 3,671.48 |
| Depreciation & Amortization Expense | 1,083.18 | 1,089.56 | 985.42 |
| Finance Costs | 188.72 | 417.42 | 202.30 |
| Earnings Per Share (Basic & Diluted) | 2.87 | 2.90 | 2.77 |
| Exceptional Items | (3.85) | (2,513.61) | - |
| Profit Before Tax | 10,318.41 | 9,782.54 | 8,250.21 |
Source: Click Here
HBL Power Systems Current Market Overview
HBL Power Systems is trading at ₹614, reflecting a slight drop of 2.09% from its previous price. The company has a strong market presence with a market capitalization of ₹17,031 crore. Its stock has ranged from a high of ₹724 to a low of ₹234 over the past year.
With a P/E ratio of 52.0, HBL Power Systems shows good profitability, backed by a Return on Capital Employed (ROCE) of 35.9% and a Return on Equity (ROE) of 27.7%. Despite a low dividend yield of 0.08%, the company remains financially stable and competitive.
| Metric | Value |
|---|---|
| Current Price | ₹614 |
| Change | -2.09% |
| Market Cap | ₹17,031 Cr. |
| Stock P/E Ratio | 52.0 |
| Book Value | ₹44.0 |
| Dividend Yield | 0.08% |
| ROCE | 35.9% |
| ROE | 27.7% |
| Face Value | ₹1.00 |
Quarterly Results
Here is a summary of HBL Power Systems' key financial figures for the quarters ending December 2023, March 2024, and June 2024.
| Metric | Dec 2023 | Mar 2024 | Jun 2024 |
|---|---|---|---|
| Sales (₹ Cr.) | 599 | 610 | 520 |
| Expenses (₹ Cr.) | 486 | 479 | 410 |
| Operating Profit (₹ Cr.) | 113 | 131 | 110 |
| Operating Profit Margin (OPM%) | 19% | 22% | 21% |
| Other Income (₹ Cr.) | 2 | -19 | 5 |
| Interest (₹ Cr.) | 3 | 4 | 2 |
| Depreciation (₹ Cr.) | 11 | 11 | 11 |
| Profit Before Tax (₹ Cr.) | 102 | 98 | 103 |
| Tax % | 23% | 33% | 26% |
| Net Profit (₹ Cr.) | 79 | 81 | 80 |
| EPS (₹) | 2.85 | 2.94 | 2.89 |
About HBL Power Systems
HBL Power Systems is a research-based manufacturing company in India that focuses on developing advanced, high-tech products to meet the country's growing industrial needs. The company began by producing aircraft batteries and has since expanded to become a leading supplier of specialized batteries for the Indian Air Force.
Over the past 40 years, HBL has developed innovative products and cost-effective solutions for industries such as aviation, railways, defense, oil & gas, power, telecom, and data centers. With a strong global presence, HBL is now focusing on the future of transportation, particularly electric mobility, by providing efficient motors and battery systems.
Visit our website for more Q1 results.
HBL Power Systems Q1 Results- FAQs
1. What is the total income for HBL Power Systems in Q1 FY 2024-2025?
HBL Power Systems reported a total income of ₹52,559.08 lakh.
2. How much did HBL Power Systems' revenue decrease from the previous quarter?
HBL Power Systems' revenue decreased by ₹9,103.37 lakh from the previous quarter.
3. What was HBL Power Systems' net profit after tax for Q1 FY 2024-2025?
HBL Power Systems' net profit after tax was ₹8,009.46 lakh.
4. What were the total expenses for HBL Power Systems in Q1 FY 2024-2025?
HBL Power Systems' total expenses were ₹42,236.82 lakh.
5. How much did HBL Power Systems spend on employee benefits in Q1 FY 2024-2025?
HBL Power Systems spent ₹3,976.24 lakh on employee benefits.
6. What was HBL Power Systems' depreciation and amortization expense for Q1 FY 2024-2025?
HBL Power Systems' depreciation and amortization expense was ₹1,083.18 lakh.
7. What were HBL Power Systems' finance costs for Q1 FY 2024-2025?
HBL Power Systems' finance costs amounted to ₹188.72 lakh.
8. How did HBL Power Systems' net profit compare to the same quarter last year?
HBL Power Systems' net profit increased to ₹7,584.91 lakh from ₹6,553.96 lakh in the same quarter last year.
9. What was the earnings per share for HBL Power Systems in Q1 FY 2024-2025?
HBL Power Systems' earnings per share (basic & diluted) was ₹2.87.
10. What was the profit before tax for HBL Power Systems in Q1 FY 2024-2025?
HBL Power Systems' profit before tax was ₹10,318.41 lakh.